Common use of Method of Making Payments Clause in Contracts

Method of Making Payments. 3.9 (a) Unless otherwise specified in this Agreement, Borrower must make all payments under this Agreement to Lender by the close of business on the date when due unless the date is not a Business Day. If the due date is not a Business Day, payment is due on, and interest will accrue to, the next Business Day. Borrower must make all payments in United States dollars in immediately available funds transferred by wire to accounts designated by Lender.

Appears in 7 contracts

Samples: Credit and Security Agreement (Homebanc Corp), Warehousing Credit and Security Agreement (WMC Finance Co), Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)

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Method of Making Payments. 3.9 3.10 (a) Unless otherwise specified in this Agreement, Borrower must make all payments under this Agreement to Lender by the close of business on the date when due unless the date is not a Business Day. If the due date is not a Business Day, payment is due on, and interest will accrue to, the next Business Day. Borrower must make all payments in United States dollars in immediately available funds transferred by wire to accounts designated by Lender.

Appears in 6 contracts

Samples: Credit and Security Agreement (Commercial Capital Bancorp Inc), Credit and Security Agreement (Commercial Capital Bancorp Inc), Credit and Security Agreement (First NLC Financial Services Inc)

Method of Making Payments. 3.9 (a3.9(a) Unless otherwise specified in this Agreement, Borrower must make all payments under this Agreement to Lender by the close of business on the date when due unless the date is not a Business Day. If the due date is not a Business Day, payment is due on, and interest will accrue to, the next Business Day. Borrower must make all payments in United States dollars in immediately available funds transferred by wire to accounts designated by Lender.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.), Warehousing Credit and Security Agreement (First NLC Financial Services Inc)

Method of Making Payments. 3.9 3.8 (a) Unless otherwise specified in this Agreement, Borrower must make all payments under this Agreement to Lender by the close of business on the date when due unless the date is not a Business Day. If the due date is not a Business Day, payment is due on, and interest will accrue to, the next Business Day. Borrower must make all payments in United States dollars in immediately available funds transferred by wire to accounts designated by Lender.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Matrix Bancorp Inc), Credit and Security Agreement (Arbor Realty Trust Inc)

Method of Making Payments. 3.9 3.7 (a) Unless otherwise specified in this Agreement, Borrower must make all payments under this Agreement to Lender by the close of business on the date when due unless the date is not a Business Day. If the due date is not a Business Day, payment is due on, and interest will accrue to, the next Business Day. Borrower must make all payments in United States dollars in immediately available funds transferred by wire to accounts designated by Lender.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Municipal Mortgage & Equity LLC)

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Method of Making Payments. 3.9 (a3.12(a) Unless otherwise specified in this Agreement, Borrower must make all payments under this Agreement to Lender by the close of business on the date when due unless the date is not a Business Day. If the due date is not a Business Day, payment is due on, and interest will accrue to, the next Business Day. Borrower must make all payments in United States dollars in immediately available funds transferred by wire to accounts designated by Lender.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Municipal Mortgage & Equity LLC)

Method of Making Payments. 3.9 3.6 (a) Unless otherwise specified in this Agreement, Borrower must make all payments under this Agreement to Lender by the close of business on the date when due unless the date is not a Business Day. If the due date is not a Business Day, payment is due on, and interest will accrue to, the next Business Day. Borrower must make all payments in United States dollars in immediately available funds transferred by via wire to accounts designated by Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (American Home Mortgage Holdings Inc)

Method of Making Payments. 3.9 (a3.10(a) Unless otherwise specified in this Agreement, Borrower must make all payments under this Agreement to Lender by the close of business on the date when due unless the date is not a Business Day. If the due date is not a Business Day, payment is due on, and interest will accrue to, the next Business Day. Borrower must make all payments in United States dollars in immediately available funds transferred by wire to accounts designated by Lender.

Appears in 1 contract

Samples: Gmac Residential Funding (American Business Financial Services Inc /De/)

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