Common use of Payments to the Lender Clause in Contracts

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, specifies.

Appears in 2 contracts

Sources: Pre Export Financing Agreement (Sigma Lithium Corp), Facility Agreement (VNG LTD)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the that country of that currency and with such bank as the Lender, in each case, Lender specifies.

Appears in 2 contracts

Sources: Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (Sun Wise (UK) Co., LTD)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, Lender specifies.

Appears in 2 contracts

Sources: Term Facility Agreement (Grindrod Shipping Holdings Ltd.), Term Facility Agreement (Grindrod Shipping Holdings Ltd.)

Payments to the Lender. (a) On each date on which an Obligor the Borrower is required to make a payment under a Finance Document, that Obligor the Borrower shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank the Lender as the Lender, in each case, Lender specifies.

Appears in 2 contracts

Sources: Facility Agreement, Facility Agreement (Cordlife Group LTD)

Payments to the Lender. (aA) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (bB) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, Lender specifies.

Appears in 1 contract

Sources: Facility Agreement

Payments to the Lender. (a) On each date on which an Obligor the Borrower is required to make a payment under a Finance Document, that Obligor the Borrower shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, Lender specifies.

Appears in 1 contract

Sources: Facility Agreement (Daqo New Energy Corp.)

Payments to the Lender. (a) On each date on which an Obligor the Borrower is required to make a payment under a Finance Document, that Obligor it shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, specifies.

Appears in 1 contract

Sources: Facility Agreement (Melco Resorts & Entertainment LTD)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, Lender specifies.

Appears in 1 contract

Sources: Facility Agreement (Cheng Zheng)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, specifies.

Appears in 1 contract

Sources: Loan Agreement (Melco Crown Entertainment LTD)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance DocumentDocument (other than the Offtake Agreement), that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, specifiesLender specifies from time to time.

Appears in 1 contract

Sources: Senior Facilities Agreement (Asanko Gold Inc.)

Payments to the Lender. (a) On each date on which an Obligor the Borrower is required to make a payment under a Finance Document, that Obligor the Borrower shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, Lender specifies.

Appears in 1 contract

Sources: Export Credit Agreement (Mobile Telesystems Ojsc)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency and with such bank as the Lender, in each case, Lender specifies.

Appears in 1 contract

Sources: Senior Secured Revolving Loan Facility Agreement (DHT Holdings, Inc.)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Lender as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in at the principal financial centre city of the country of that currency and Lender with such bank as the Lender, in each case, Lender specifies.

Appears in 1 contract

Sources: Facility Agreement (Oil States International, Inc)