Common use of Making of Payments Clause in Contracts

Making of Payments. All payments of principal or interest on the Note(s), and of all fees, shall be made by Borrower to Administrative Agent in immediately available funds at the office specified by Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by Administrative Agent on the following Business Day. Subject to Section 2.6, Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 5 contracts

Samples: Credit Agreement (Infrastructure & Energy Alternatives, Inc.), Credit Agreement (Primoris Services Corp), Credit Agreement (Primoris Services Corp)

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Making of Payments. All payments of principal of or interest on the Note(s)Loans, and of all commitment fees and Letter of Credit fees, shall be made by Borrower the Company to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the next following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each applicable Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Company directly to the Lender entitled thereto without setoff, counterclaim or other defensethereto.

Appears in 4 contracts

Samples: Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp)

Making of Payments. All payments of principal or interest on the Term Note(s), and of all fees, shall be made by Borrower to Administrative Agent in immediately available funds at the office specified by Administrative Agent not later than noon, Chicago New York time, on the date due; and funds received after that hour shall be deemed to have been received by Administrative Agent on the following Business Day. Subject to Section 2.6, Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 4 contracts

Samples: Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement

Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Company to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon1:00 p.m., Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Company directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 4 contracts

Samples: Credit Agreement (Titan International Inc), Credit Agreement (Wells Mid-Horizon Value-Added Fund I LLC), Credit Agreement (Titan International Inc)

Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Company to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon2:00 p.m., Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Company directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Continental Materials Corp), Credit Agreement (Continental Materials Corp)

Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by Borrower to Administrative Agent in immediately available funds at the office specified by Administrative Agent not later than noon2:00 PM, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by Administrative Agent on the following Business Day. Subject to Section 2.62.10 hereof, Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by Administrative Agent for the account of such Lender. All payments under Section 8.1 4.2.1 shall be made by Borrower directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 2 contracts

Samples: Loan and Security Agreement (TPG Pace Holdings Corp.), Loan and Security Agreement (TPG Pace Holdings Corp.)

Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Borrowers, jointly and severally, to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Borrowers directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 2 contracts

Samples: Credit Agreement (Aviv REIT, Inc.), Credit Agreement (Aviv REIT, Inc.)

Making of Payments. All payments of principal or interest on the Note(s)Loans, and of all fees, shall be made by Borrower the Borrowers to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Borrowers directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 2 contracts

Samples: Credit Agreement (Landauer Inc), Credit Agreement (Landauer Inc)

Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Co-Borrowers to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Co-Borrowers directly to the Lender entitled thereto without setoff, counterclaim or other defense. All payments made by the Co-Borrower hereunder or under any Loan Documents shall be made without setoff, counterclaim, or other defense.

Appears in 2 contracts

Samples: Credit Agreement (FreightCar America, Inc.), Credit Agreement (FreightCar America, Inc.)

Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Borrowers to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Borrowers directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 2 contracts

Samples: Credit Agreement (Celadon Group Inc), Credit Agreement (Clark Holdings Inc.)

Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Company to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon1:00 P.M., Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Company directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (Standard Parking Corp)

Making of Payments. All payments of principal or and interest on the Note(s)Notes, and of all fees, shall be made by Borrower to Administrative Agent in immediately available funds at the office specified by Administrative Agent not later than noon, Chicago time, 2:00 P.M. (Eastern Time) on the date due; and funds received after that hour shall be deemed to have been received by Administrative Agent on the following Business Day. Subject to Section 2.6, Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (Net Perceptions Inc)

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Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Loan Parties to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Loan Parties directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (Option Care Inc/De)

Making of Payments. All payments of principal or interest on the Note(s)Loans, and of all feesfees and expenses, shall be made by Borrower the Company to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon12:00 p.m., Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Company directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (Cellular Dynamics International, Inc.)

Making of Payments. All payments of principal or interest on the Note(s)Notes, and of all fees, shall be made by the Borrower to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by the Borrower directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (American Railcar Industries, Inc.)

Making of Payments. All payments of principal or interest on ------------------ the Note(s)Notes, and of all fees, shall be made by Borrower the Loan Parties to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower ----------- the Loan Parties directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (Kv Pharmaceutical Co /De/)

Making of Payments. All payments of principal of or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Companies to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Companies directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (Akorn Inc)

Making of Payments. All payments of principal of or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Borrowers to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under this Section 8.1 7.1 shall be made by Borrower the Borrowers directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (Reinhold Industries Inc/De/)

Making of Payments. All payments of principal of or interest on the Note(s)Notes, and of all fees, shall be made by Borrower the Borrowers to the Administrative Agent in immediately available funds at the office specified by the Administrative Agent not later than noon, Chicago time, on the date due; and funds received after that hour shall be deemed to have been received by the Administrative Agent on the following Business Day. Subject to Section 2.6, The Administrative Agent shall promptly remit to each Lender its share of all such payments received in collected funds by the Administrative Agent for the account of such Lender. All payments under Section 8.1 shall be made by Borrower the Borrowers directly to the Lender entitled thereto without setoff, counterclaim or other defense.

Appears in 1 contract

Samples: Credit Agreement (Epiq Systems Inc)

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