Common use of Manner and Place of Payments Clause in Contracts

Manner and Place of Payments. All payments of principal, interest, fees, expenses, indemnities and other amounts due under the Loan Documents must be received by Administrative Agent by wire transfer (unless Administrative Agent otherwise consents) in immediately available funds in U.S. dollars (and without any deduction, offset, netting, reservation of rights or counterclaim) on or before Two O'clock (2:00) p.m. Eastern Time ("ET") on the due date therefor at the principal office of Administrative Agent set forth in Notice Section hereof or at such other place as Administrative Agent may designate from time to time.

Appears in 6 contracts

Samples: Credit Facility Agreement (Talk Com), Credit Facility Agreement (Talk Com), Credit Facility Agreement (MCG Finance Corp)

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Manner and Place of Payments. All payments of principal, interest, fees, expenses, indemnities and other amounts due under the Loan Documents must be received by Administrative Agent by wire transfer (unless Administrative Agent otherwise consents) in immediately available funds in U.S. dollars (and without any deduction, offset, netting, reservation of rights or counterclaim) on or before Two O'clock O’clock (2:00) p.m. Eastern Time ("ET") on the due date therefor therefore at the principal office of Administrative Agent set forth in Notice Section hereof or at such other place as Administrative Agent may designate from time to time.

Appears in 1 contract

Samples: Credit Facility Agreement (Consumer Direct of America)

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