MANNER OF PAYMENT AND PREPAYMENT. Payments and prepayments under this Note shall be applied first to interest accrued but unpaid and then to principal. If the due date of any required payment under this Note is not a “business day” (for this purpose, any day other than a Saturday, Sunday or legal holiday, such required payment shall be due and payable on the immediately succeeding business day.
MANNER OF PAYMENT AND PREPAYMENT. 13.2.1 The credit, the interest thereon, the index linkage, the foreign currency linkage, commissions and the Bank’s expenses (hereinafter in this Clause 13 — the “Amounts Due”) shall be discharged to the Bank at such times as noted in this document and/or in the credit application.
MANNER OF PAYMENT AND PREPAYMENT. Payments and prepayments under this Note shall be applied first to interest accrued but unpaid and then to principal. Payments and prepayments shall be made by certified or official bank check payable to the order of the Lender, or in cash by wire transfer of immediately available funds to an account designated in writing by the Lender to the Borrower, or with respect to any payment or prepayment of principal only, by delivery by the Borrower to the Lender of that number of shares of fully paid, nonassessable Parent Common Stock equal to the Excess Share Amount (as defined in the Merger Agreement) and the Preferred Stock Merger Consideration (as defined in the Merger Agreement) that would have been deliverable to the Lender under Section 1.9(a)(i)(1) of the Merger Agreement had this Note not been delivered. If the due date of any required payment under this Note is not a "business day" (for this purpose, any day other than a Saturday, Sunday or legal holiday observed in the State of New York), such required payment shall be due and payable on the immediately succeeding business day.
