LUX » Topics » Distributions to an Obligor

This excerpt taken from the LUX 20-F filed Jun 28, 2006.
Distributions to an Obligor

The Agent may (with the consent of the Obligor or in accordance with Clause 31 (Setoff) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

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