Manner and Method of Payment Sample Clauses

Manner and Method of Payment. All payments called for in this Promissory Note shall be made in lawful money of the United States of America. If made by check, draft, or other payment instrument, such check, draft, or other payment instrument shall represent immediately available funds. In the holder's discretion, any payment made by a check, draft, or other payment instrument shall not be considered to have been made until such time as the funds represented thereby have been collected by the holder. Should any payment date fall on a non-banking day, the BORROWER shall make the payment on the next succeeding banking day.
AutoNDA by SimpleDocs
Manner and Method of Payment. All cash payment amounts hereunder are expressed in U.S. dollars (USD) unless otherwise specified. Each payment shall be made by electronic funds transfer in immediately available funds to a bank and account designated in writing by Paragon, unless otherwise specified in writing by Paragon.
Manner and Method of Payment. All payments called for in this Promissory Note shall be made in lawful money of the United States of America. If made by check, draft, or other payment instrument, such check, draft, or other payment instrument shall represent immediately available funds.
Manner and Method of Payment. All rent payments shall be made in United States Dollars, without deduction or offset, and delivered to Sublandlord at the address set forth in Section 12 of this Sublease, or to such other entity and/or at such other address as Sublandlord may designate in writing from time to time. Basic Rent and Additional Rent relating to Operating Expenses for any partial month shall be prorated in proportion to the number of days in that month.
Manner and Method of Payment. All payments called for in this Revolving Credit Note shall be made in U.S. Dollars and in immediately available funds at any banking office of the Lender. Payments shall be made on a Business Day and on the terms further set forth in the Agreement.
Manner and Method of Payment. All payments called for in this Swingline Loan Promissory Note shall be made in lawful money of the United States of America. If made by check, draft, or other payment instrument, such check, draft, or other payment instrument shall represent immediately available funds. In the holder’s discretion, any payment made by a check, draft, or other payment instrument shall not be considered to have been made until such time as the funds represented thereby have been collected by the holder. Should any payment date fall on a non-banking day, the Borrower shall make the payment on the next succeeding banking day.
Manner and Method of Payment. All payments called for in this Mortgage Loan Note shall be made in lawful money of the United States of America. If made by check, draft, or other payment instrument, such check, draft, or other payment instrument shall represent immediately available funds. In the holder’s discretion, any payment made by a check, draft, or other payment instrument shall not be considered to have been made until such time as the funds represented thereby have been collected by the holder. Should any payment date fall on a non-banking day, the Mortgage Loan Borrower shall make the payment on the next succeeding banking day.
AutoNDA by SimpleDocs
Manner and Method of Payment. All rental payments shall be made ---------------------------- in United States Dollars, without deduction or offset, and delivered to Sublessor at the address set forth in paragraph 14 of this Sublease Agreement. Base Rent and Additional Rent for any partial month shall be prorated in proportion to the number of days in that month.
Manner and Method of Payment. All pxxxxxxs called for in this Note shall be made in lawful money of the United States of America and shall be made by wire transfer in accordance with the wire instructions provided to the party to make the payment. Payments made by wire transfer shall be deemed paid on the date the wire is initiated. Should any payment date fall on a non-banking day, the Borrower shall make the payment on the next succeeding banking day.
Manner and Method of Payment. (a) The directors may decide the method of payment of any dividend or other amount in respect of a Security. Without limiting any other method of payment which the Company may adopt, a dividend may be paid: (i) by cheque sent by post or by courier to the addresses of each member or to an address directed by that member or joint holder, as the case may be; (ii) by electronic funds transfer to an account (of a type approved by the directors) nominated by and in the name of each member, and in the case of any joint holder of any share, to the account (of a type approved by the directors) nominated by and in the name of the joint holder whose name appears first in the Register; or (iii) in any other manner determined by the directors. (b) A cheque sent under rule 14.3(a)(i): (i) may be made payable to bearer or to the order of the member to whom it is sent or any other person the member directs; and (ii) is sent at the member’s risk. (c) If: (i) a member does not have a registered address or the Company believes that a member is not known at the member’s registered address; or (ii) the directors determine that dividends will be paid in cash by electronic funds transfer in accordance with rule 14.3(a)(ii) and: (A) no account (of a type approved by the directors) is nominated by a member; or (B) the electronic funds transfer into a nominated account is rejected or refunded, the Company may credit the amount payable to an account of the Company (Company Account) to be held until the member claims the amount payable or nominates a valid account into which payment may be made. (d) The Company does not hold any money in the Company Account as a trustee and no interest will be paid to the member on monies held in the Company Account unless the directors determine otherwise. (e) An amount credited to the Company Account is treated as paid to the member at the time it is credited to the Company Account. (f) To the extent permitted by law, if: (i) a cheque for an amount payable under rule 14.3(a)(i) is not presented for payment; or (ii) an amount is held in the Company Account, for more than 11 calendar months, the directors may reinvest the amount, after deducting reasonable expenses, into shares in the Company on behalf of, and in the name of, the member concerned. The shares may be acquired on market or by way of new issue at a price the directors accept to be the market price at the time. (g) If the Board exercises its power to reinvest under rule 14.3(f) and there ...
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!