Manner and Application of Payments. All payments due hereunder shall be paid in lawful money of the United States of America which shall be legal tender in payment of all debts and dues, public and private, in immediately available funds, without offset, deduction or recoupment. Any payment by check or draft shall be subject to the condition that any receipt issued therefore shall be ineffective unless the amount due is actually received by the Lender.
Appears in 4 contracts
Samples: Senior Convertible Promissory Note (Quick Med Technologies Inc), Senior Convertible Promissory Note (Quick Med Technologies Inc), Senior Convertible Promissory Note (Quick Med Technologies Inc)
