Manner of Payment - Application. All payments of principal and interest on the Loan shall be payable at the principal office of the Bank in Indianapolis, Indiana, in funds available for 47 the Bank's immediate use in that city and no payment will be considered to have been made until received in such funds. All payments received on account of the Loan will be applied first to the satisfaction of any interest which is then due and payable, and to principal only after all interest which is due and payable has been satisfied.
Manner of Payment - Application. All payments of principal and interest on each of the Loans shall be payable at the auxiliary office of FHI in Indianapolis, Indiana, in funds available for FHI's immediate use in that city. No payment will be considered to have been made until received in such funds. Unless otherwise agreed to, in writing, or otherwise required by applicable law, payments will be applied first to accrued, unpaid interest, then to principal, and any remaining amount to any unpaid collection costs, late charges and other charges; provided however, upon delinquency or other default, FHI reserves the right to apply payments among principal, interest, late charges, collection costs and other charges at their discretion, as determined by FHI. All prepayments shall be applied to the indebtedness owing hereunder in such order and manner as FHI may from time to time determine in its sole discretion.
Manner of Payment - Application. Unless otherwise agreed to, in writing, or otherwise required by applicable law, payments will be applied first to accrued, unpaid interest, then to principal, and any remaining amount to any unpaid collection costs, late charges and other charges, provided, however, upon delinquency or other Default, Banks reserve the right to apply payments among principal, interest, late charges, collection costs and other charges at their discretion. All prepayments shall be applied to the indebtedness owing hereunder in such order and manner as Agent may from time to time determine in its sole discretion.
Manner of Payment - Application. All payments of principal and interest on the Loans shall be payable at the principal office of the Agent in Indianapolis, Indiana, in funds available for the Agent's immediate use in that city at the Agent's account at: Bank One, Indiana, National Association ABA #074000000 Attn: Commercial Loan Note Servicing Re: Valley National Gases, Inc. Account No. 05315101000263 No payment will be considered to have been made until received in such funds. Unless otherwise agreed to, in writing, or otherwise required by applicable law, payments will be applied first to accrued, unpaid interest, then to principal, and any remaining amount to any unpaid collection costs, late charges and other charges, provided, however, upon delinquency or other default, the Banks reserve the right to apply payments among principal, interest, late charges, collection costs and other charges at their discretion, as determined by the Required Banks. All prepayments shall be applied to the indebtedness owing hereunder in such order and manner as the Required Banks may from time to time determine in their sole discretion.
Manner of Payment - Application. All payments of principal and interest on the Loans shall be payable in immediately available funds in such manner as Bank may reasonably direct in writing. No payment will be considered to have been made until received in immediately available funds. Unless otherwise agreed to, in writing, or otherwise required by applicable law, payments will be applied first to accrued, unpaid interest, then to principal, and any remaining amount to any unpaid collection costs, late charges and other charges; provided however, upon delinquency or other Event of Default, Bank reserves the right to apply payments among principal, interest, late charges, collection costs and other charges at its discretion. Unless otherwise specifically agreed hereunder, all prepayments shall be applied to the Obligations in such order and manner as Bank may from time to time determine in its reasonable discretion.
Manner of Payment - Application. All payments of principal and interest on the Loans and all LC Disbursements shall be payable at the offices of Bank in Indianapolis, Indiana, in funds available for Bank’s immediate use in that city or at such other location as Bank may direct in writing. No payment will be considered to have been made until received in such funds. Unless otherwise agreed to, in writing, or otherwise required by applicable law, payments will be applied first to accrued, unpaid interest, then to principal, then to any unpaid collection costs, late charges and other charges, and any remaining amount to any costs of collection and expenses reimbursable by any Borrower to Bank; provided however, upon delinquency or other Event of Default, Bank reserves the right to apply payments among principal, interest, late charges, collection costs and other charges at their discretion, as determined by Bank. Except as provided in clause (2) of paragraph (b) of this Section, all prepayments shall be applied to the Obligations in such order and manner as Bank may from time to time determine in its sole discretion.
Manner of Payment - Application. All payments ------------------------------- of principal and interest on the Loans shall be payable at the principal office of the Bank in Indianapolis, Indiana, in funds available for the Bank's immediate use in that city and no payment will be considered to have been made until received in such funds. All payments received on account of either of the Loans will be applied (i) first, to any expenses of collection, (ii) next, to any late payment fees which are due and payable and other outstanding Obligations other than principal and interest, (iv) next, to interest which is due and payable, and (v) next, to principal.
Manner of Payment - Application. All payments of principal and interest on the Loans shall be payable at the principal office of the Bank in Indianapolis, Indiana, in funds available for the Bank's immediate use in that city and no payment will be considered to have been made until received in such funds. Unless otherwise agreed to, in writing, or otherwise required by applicable law, payments will be applied first to accrued, unpaid interest, then to principal, and any remaining amount to any unpaid collection costs, late charges and other charges, provided, however, upon delinquency or other default, the Bank reserves the right to apply payments among principal, interest, late charges, collection costs and other charges at its discretion. All prepayments shall be applied to the indebtedness owing hereunder in such order and manner as the Bank may from time to time determine in its sole discretion.
Manner of Payment - Application. All payments of principal and interest on the Loans shall be payable at such office as the Agent shall specify or at the principal office of the Agent in Indianapolis, Indiana, in funds available for the Agent's immediate use in that city and no payment will be considered to have been made until received in such funds, except for payments in Canadian dollars required under Section 2.a(vi)(A). The Agent may debit any depository account of ADESA for the payment of principal, interest, and fees when due and payable. All payments received on account of any of the Loans will be applied first to the satisfaction of any interest which is then due and payable, and to principal only after all interest which is due and payable has been satisfied. The Agent shall promptly disburse to the Banks all payments received from ADESA.
Manner of Payment - Application. Unless otherwise agreed to, in writing, or otherwise required by applicable law, payments will be applied first to accrued, unpaid interest, then to principal, and any remaining amount to any unpaid collection costs, late charges and other charges, provided, however, upon delinquency or other default, the London Bank reserves the right to apply payments among principal, interest, late charges, collection costs and other charges at its discretion. All prepayments shall be applied to the indebtedness owing hereunder in such order and manner as the London Bank may from time to time determine in its sole discretion.
