Manner and Application of Payments. All payments and prepayments of ---------------------------------- principal of, and interest on, the Notes shall be made by the Borrowers to the Bank before 2:00 p.m. (Houston, Texas time) in immediately available funds at the Bank's office. Any payment or prepayment received by the Bank after 2:00 p.m. (Houston, Texas time), shall be deemed to have been received by the Bank on the next succeeding Business Day.
Appears in 2 contracts
Samples: Security Agreement (Us Legal Support Inc), Security Agreement (Us Legal Support Inc)
Manner and Application of Payments. All payments and prepayments of ---------------------------------- principal of, and interest on, the Notes shall be made by the Borrowers to the Bank before 2:00 p.m. (Houston, Texas time) in immediately available funds at the Bank's office. Any payment or prepayment received by the Bank after 2:00 p.m. (Houston, Texas time), shall be deemed to have been received by the Bank on the next succeeding Business Day.
Appears in 1 contract
Manner and Application of Payments. All payments and prepayments of ---------------------------------- principal of, and interest on, the Notes Note shall be made by the Borrowers Borrower to the Bank before 2:00 p.m. (Houston, Texas time) in immediately available funds at the Bank's office. Any payment or prepayment received by the Bank after 2:00 p.m. (Houston, Texas time), shall be deemed to have been received by the Bank on the next succeeding Business Day.
Appears in 1 contract
Samples: Credit Agreement (Innovative Valve Technologies Inc)
