Common use of Method and Place of Payment Clause in Contracts

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 23 contracts

Samples: Credit Agreement (Lee Enterprises, Inc), Credit Agreement (Lee Enterprises, Inc), Credit Agreement (Magellan Health Inc)

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Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Administrative Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 16 contracts

Samples: Credit Agreement (Oaktree Capital Management Lp), Credit Agreement (General Maritime Corp / MI), Credit Agreement (General Maritime Corp / MI)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Administrative Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 13 contracts

Samples: Credit Agreement (Generac Portable Products Inc), Credit Agreement (Capstar Radio Broadcasting Partners Inc), Credit Agreement (Frontline Capital Group)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 10 contracts

Samples: Security Agreement (CURO Group Holdings Corp.), First Lien Loan Agreement, Credit Agreement (CF Industries Holdings, Inc.)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 6 contracts

Samples: Credit Agreement (Ubiquitel Inc), Credit Agreement (Homestead Village Inc), Credit Agreement (Reckson Services Industries Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the each Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars and in immediately available funds at the Payment Officeaddress specified opposite such Lender's signature below. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 4 contracts

Samples: Loan Agreement (Thane International Inc), Senior Subordinated Loan Agreement (Consolidated Delivery & Logistics Inc), Helicon Capital Corp

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon 1:00 P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Administrative Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 4 contracts

Samples: Credit Agreement (Coinmach Service Corp), Credit Agreement (Appliance Warehouse of America Inc), Credit Agreement (Coinmach Corp)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 4 contracts

Samples: Credit Agreement (Host Marriott Corp/Md), Pledge Agreement (Sky Chefs Argentine Inc), Credit Agreement (Eldertrust)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 3:00 p.m. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 3 contracts

Samples: Credit Agreement (Shuffle Master Inc), Credit Agreement (Shuffle Master Inc), Credit Agreement (Shuffle Master Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 1:00 P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 3 contracts

Samples: Credit Agreement (Nash Finch Co), Credit Agreement (United Online Inc), Credit Agreement (Nash Finch Co)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Revolving Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon 1:00 P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Agent. Whenever any payment to be made hereunder or under any Revolving Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 3 contracts

Samples: Credit Agreement (Neodata Services Inc), Credit Agreement (H-R Window Supply Inc), Credit Agreement (Northwest Airlines Corp)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made (or a federal reserve wire number delivered) to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Administrative Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 3 contracts

Samples: Credit Agreement (Galaxy Fund /De/), Credit Agreement (Galaxy Fund Ii), Credit Agreement (Galaxy Vip Fund)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 3 contracts

Samples: Credit Agreement (Atc Group Services Inc /De/), Credit Agreement (Sitel Corp), Sitel Corp

Method and Place of Payment. (a) Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 3 contracts

Samples: Credit Agreement (CVR Refining, LP), Credit Agreement (CVR Energy Inc), Credit Agreement

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) 2:00 p.m. on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (PPL Energy Supply LLC), Credit Agreement (Talen Energy Holdings, Inc.)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Pagemart Wireless Inc), Credit Agreement (Weblink Wireless Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 1:00 P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Information Holdings Inc), Credit Agreement (Hydrochem Industrial Services Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York London time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Administrative Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (NCL CORP Ltd.), Credit Agreement (NCL CORP Ltd.)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 2:00 P.M. (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (HUGHES Telematics, Inc.), Credit Agreement (HUGHES Telematics, Inc.)

Method and Place of Payment. (a) Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 2:00 PM (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Leap Wireless International Inc), Credit Agreement (Leap Wireless International Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Infousa Inc), Credit Agreement (Acme Metals Inc /De/)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 3:00 P.M. (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Urban One, Inc.), Credit Agreement (Urban One, Inc.)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 1:00 P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of Administrative Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Trumps Castle Funding Inc), Credit Agreement (Trump Hotels & Casino Resorts Funding Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not no later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Administrative Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Security Agreement (Vestar Capital Partners Iv Lp), Acknowledgment and Assumption Agreement (Vestar Capital Partners Iv Lp)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon 1:00 P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 2 contracts

Samples: Credit Agreement (Scot Inc), Credit Agreement (Dominicks Supermarkets Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Harrahs Entertainment Inc)

Method and Place of Payment. Except as otherwise specifically provided --------------------------- herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (HMC Park Ridge LLC)

Method and Place of Payment. (a) Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 1:00 P.M. (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Officefunds. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Exit Abl Credit Agreement (Pyxus International, Inc.)

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Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 2:00P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Duratek Inc)

Method and Place of Payment. Except as otherwise specifically --------------------------- provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Sylvan Learning Systems Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Ithaca Industries Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due 28 CREDIT AGREEMENT date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Thane International Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 2:00 P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Pledge Agreement (Extended Stay America Inc)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not no later than 12:00 Noon noon (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment OfficeOffice of the Administrative Agent. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Philip Services Corp/De)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon 1:00 P.M. (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Power Ten)

Method and Place of Payment. Except as otherwise specifically --------------------------- provided herein, all payments under this Agreement and under or any Note shall be made to the Administrative Agent for the account of the Lender Bank or Lenders Banks entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Host Marriott Corp/Md)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Walter Energy, Inc.)

Method and Place of Payment. Except as otherwise specifically --------------------------- provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Idt Corp)

Method and Place of Payment. (a) Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 1:00 pm (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Abl Credit Agreement (Par Petroleum Corp/Co)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds in Dollars at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Hanger Orthopedic Group Inc

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 1:00 P.M. (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Radio One, Inc.)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon 2:30 P.M. (New York City time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Term Loan Credit Agreement (J.Jill, Inc.)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Neff Corp)

Method and Place of Payment. Except as otherwise specifically provided herein, all payments under this Agreement and or under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds in Dollars at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension. Upon receipt thereof, the Administrative Agent shall promptly distribute such payments to the Lenders entitled thereto.

Appears in 1 contract

Samples: Credit Agreement (Hanger Orthopedic Group Inc)

Method and Place of Payment. Except as otherwise specifically --------------------------- provided herein, all payments under this Agreement and under any Note shall be made to the Administrative Agent for the account of the Lender or Lenders entitled thereto not later than 12:00 Noon (New York time) on the date when due and shall be made in Dollars in immediately available funds at the Payment Office. Whenever any payment to be made hereunder or under any Note shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest shall be payable at the applicable rate during such extension.

Appears in 1 contract

Samples: Credit Agreement (Nm Licensing LLC)

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