Common use of Payments to the Lender Clause in Contracts

Payments to the Lender. (a) On each date on which the Borrower is required to make a payment under a Finance Document, 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 as the Lender specifies.

Appears in 1 contract

Sources: Facility Agreement

Payments to the Lender. (a) On each date on which When the Borrower is required to make a payment under a Finance Document, the Borrower shall make the same available payment 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 as the Lender specifies.

Appears in 1 contract

Sources: Loan Facility Agreement

Payments to the Lender. (a) On each date on which the Borrower is required to make a payment under a Finance Document, the Borrower 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 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 the Borrower is required to make a payment under a Finance Document, 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 with such bank as the Lender specifies.

Appears in 1 contract

Sources: Export Credit Agreement (Mobile Telesystems Ojsc)

Payments to the Lender. (a) On each date on which the Borrower is required to make a payment under a Finance Document, 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 as with the Lender specifiesdetails set out in Schedule 8 (Account).

Appears in 1 contract

Sources: Facility Agreement (TriLinc Global Impact Fund LLC)

Payments to the Lender. (a) On each date on which the Borrower is required to make a payment under a Finance Document, 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 specifies.

Appears in 1 contract

Sources: Facility Agreement (Daqo New Energy Corp.)