Common use of Method and Timing of Payments Clause in Contracts

Method and Timing of Payments. (a) All payments required to be made pursuant to the provisions of this Agreement and any other Lender Agreement, and all prepayments pursuant to Section 4.1, may be charged by the Agent against the Borrower's accounts with the Agent. The Borrower hereby authorizes the Agent and the Lenders, without notice to the Borrower, to charge against any account of the Borrower with the Agent or such Lender an amount equal to the accrued interest, principal and other amounts from time to time due and payable to the Agent and the Lenders hereunder and under all other Lender Agreements. (b) The Borrower shall make each payment to be made by it hereunder not later than 12:00 noon (Boston time) on the day when due in lawful money of the United States to the Agent at its address set forth in Section 14.1 in immediately available funds. The Agent will, after its receipt thereof, distribute like funds relating to the payment of principal, interest or any other amounts payable hereunder ratably to the Lenders in accordance with their respective Commitment Percentages. Any payment made by the Borrower to the Agent under this Agreement or under the Notes in the manner provided in this Agreement shall be deemed to be a payment to each of the respective Lenders, unless the provisions of this Agreement expressly provide that any such payment shall be solely for the account of the Agent or any specific Lender.

Method and Timing of Payments. (a) All payments required to be made pursuant to the provisions of this Agreement and any other Lender Agreement, and all prepayments pursuant to Section 4.1, may be charged by the Agent against the any Borrower's accounts with the Agent. The Each Borrower hereby authorizes the Agent and the Lenders, without prior notice to the BorrowerBorrower but with confirming notice to such Borrower promptly thereafter, to charge against any account of the such Borrower with the Agent or such Lender an amount equal to the accrued interest, principal and other amounts from time to time due and payable to the Agent and the Lenders hereunder and under all other Lender Agreements. (b) The Borrower Borrowers shall make each payment to be made by it them hereunder not later than 12:00 noon (Boston time) on the day when due in lawful money of the United States to the Agent at its address set forth in Section 14.1 in immediately available funds. The Agent will, after its receipt thereof, distribute like funds relating to the payment of principal, interest or any other amounts payable hereunder ratably to the Lenders in accordance with their respective Commitment Percentages. Any payment made by the Borrower Borrowers to the Agent under this Agreement or under the Notes in the manner provided in this Agreement shall be deemed to be a payment to each of the respective Lenders, unless the provisions of this Agreement expressly provide that any such payment shall be solely for the account of the Agent or any specific Lender.

Method and Timing of Payments. (a) All payments required to be made pursuant to the provisions of this Agreement and any other Lender Agreement, and all prepayments pursuant to Section 4.1, may be charged by the Agent against the Borrower's accounts with the Agent. The Borrower hereby authorizes the Agent and the Lenders, without notice to the Borrower, to charge against any account of the Borrower with the Agent or such Lender an amount equal to the accrued interest, principal and other amounts from time to time due and payable to the Agent and the Lenders hereunder and under all other Lender Agreements. (b) The Borrower shall make each payment to be made by it hereunder not later than 12:00 noon 11:00 a.m. (Boston time) on the day when due in lawful money of the United States to the Agent at its address set forth in Section 14.1 14.2 in immediately available funds. The Agent will, after its receipt thereof, distribute like funds relating to the payment of principal, interest or any other amounts payable hereunder ratably to the Lenders in accordance with their respective Commitment Percentages. Any payment made by the Borrower to the Agent under this Agreement or under the Notes in the manner provided in this Agreement shall be deemed to be a payment to each of the respective Lenders, unless the provisions of this Agreement expressly provide that any such payment shall be solely for the account of the Agent or any specific Lender.

Method and Timing of Payments. (a) All payments required to be made pursuant to the provisions of this Agreement and any other Lender Bank Agreement, and all mandatory prepayments pursuant to Section 4.1, may be charged by the Agent against the Borrower's Borrowers' accounts with the Agent, for the account of the respective Banks in proportion to their respective Commitment Percentages hereunder. The Borrower Each Loan Party hereby authorizes the Agent and the LendersBanks, without notice to the BorrowerLoan Parties, to charge against any account of the Borrower Loan Parties with the Agent or such Lender Bank an amount equal to the accrued interest, principal and other amounts from time to time due and payable to the Agent and the Lenders Banks hereunder and under all other Lender Bank Agreements. (b) The Each Borrower shall make each payment to be made by it hereunder not later than 12:00 noon 12:30 p.m. (Boston time) on the day when due in lawful money of the United States to the Agent at its address set forth in Section 14.1 15.3 in immediately available funds. The Agent will, after its receipt thereof, distribute like funds relating to the payment of principal, interest or any other amounts payable hereunder ratably to the Lenders in accordance with their respective Commitment PercentagesBanks. Any payment made by the Borrower Borrowers to the Agent under this Agreement or under the Notes in the manner provided in this Agreement shall be deemed to be a payment to each of the respective Lenders, unless the provisions of this Agreement expressly provide that any such payment shall be solely for the account of the Agent or any specific LenderBanks.