Common use of Method and Amount of Payment Clause in Contracts

Method and Amount of Payment. Base Rent and Supplemental Rent ---------------------------- shall be paid to Lessor (or, in the case of Supplemental Rent, to such Person as may be entitled thereto) at such place as Lessor (or such other Person) shall specify in writing to Lessee at least five (5) Business Days prior to the due date therefor; provided that, so long as the Notes remain outstanding, such Rent -------- shall be paid directly to Administrative Agent. Each payment of Rent shall be made by Lessee prior to 12:00 noon, Hartford, Connecticut time (and payments made after such time shall be deemed to have been made on the next day) at the place of payment in funds consisting of lawful currency of the United States of America which (in the case of any amount payable

Appears in 3 contracts

Samples: Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc), Participation Agreement (Electric Lightwave Inc)

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