Clearance Days. For all purposes under this Agreement, Clearance Days will be added to the date on which any payment is received by Purchaser.
Clearance Days. Notwithstanding Section 2.13(b)(ii), interest at the interest rate applicable under this Section 2.10 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day for clearance.
Clearance Days. Clearance Days shall be added to the date on which Purchaser receives any payment before such payment is credited to reduce outstanding amounts due hereunder.
Clearance Days. Clearance Days shall mean (i) three (3) business days for checks drawn on banks located within the United States and for all electronic funds transfers, and (ii) three (3) business days for all other payments. For all purposes and computations under this Agreement, Clearance Days will be added to the date on which any payment is received by SYSTRAN.
Clearance Days. For all purposes under this Agreement, Clearance Days will be added to the date on which Purchaser receives any payment if such payment is received other than by wire directly to the Lockbox.
Clearance Days. Payments made by check or any other means, including wire transfer, ACH transfer, or credit card receipts, shall be deemed to be made three (3) Business Days after receipt by Lenders and shall be subject to clearance of funds (the “Clearance Days”).
Clearance Days. For all purposes under this ARPA, Clearance Days will be added to the date on which any payment is received by Purchaser.
Clearance Days. For all purposes under this Agreement, Clearance Days will be added to the date on which Meridian receives any payment.
Clearance Days. The receipt of any item of payment by Lender for the sole purpose of determining availability for borrowing hereunder, subject to final payment of such item, shall be provisionally applied to reduce the Obligations on the date of receipt of such item of payment by Xxxxxx; provided however, the receipt of such item of payment by Lender for the calculation of Initial Financing Fee and Additional Financing Fee on the Obligations, shall not be deemed to have been paid to Lender until three (3) business days after the date of Xxxxxx’s actual receipt of such item of payment. Notwithstanding anything to the contrary contained herein, payments received by Lender after 3:00 p.m. Pacific time shall be deemed to have been received by Xxxxxx as of the opening of business on the immediately following business day.”
Clearance Days. Payments received by Lender shall be applied to the Advances on the second (2nd) Business Day after receipt of such payment by Lender, but the principal amount paid down shall continue to accrue interest through the end of the number of Business Days following the Business Day that the payment was applied to the Advances.
