Common use of Method of Making Payments Clause in Contracts

Method of Making Payments. (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. (b) Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s Operating Account for any interest or fees due and payable to Lender on or after the 9th day after the date of Lender’s invoice or, if applicable, on or after the 2nd day after the date of Lender’s account analysis statement, without the necessity of prior demand or Notice from Lender. (c) While a Default or Event of Default exists, Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s Operating Account for any Obligations due and payable to Lender, without the necessity of prior demand or Notice from Lender.

Method of Making Payments. (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. (b) Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s 's Operating Account for any interest or fees due and payable to Lender on or after the 9th day after the date of Lender’s 's invoice or, if applicable, on or after the 2nd day after the date of Lender’s 's account analysis statement, without the necessity of prior demand or Notice from Lender. (c) While a Default or Event of Default exists, Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s 's Operating Account for any Obligations due and payable to Lender, without the necessity of prior demand or Notice from Lender.. End of Article 3

Method of Making Payments. (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. (b) Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s 's Operating Account for any interest or fees due and payable to Lender on or after the 9th 9 (th) day after the date of Lender’s 's invoice or, if applicable, on or after the 2nd 2 (nd) day after the date of Lender’s 's account analysis statement, without the necessity of prior demand or Notice from Lender. (c) While a Default or Event of Default exists, Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s 's Operating Account for any Obligations due and payable to Lender, without the necessity of prior demand or Notice from Lender.. End of Article 3

Method of Making Payments. (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. (b) Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s 's Operating Account for any interest or fees due and payable to Lender on or after the 9th day after the date of Lender’s 's invoice or, if applicable, on or after the 2nd day after the date of Lender’s 's account analysis statement, without the necessity of prior demand or Notice from Lender. (c) While a Default or an Event of Default exists, Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s 's Operating Account for any Obligations due and payable to Lender, without the necessity of prior demand or Notice from Lender.. End of Article 3

Method of Making Payments. (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. (b) Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s Operating Account for any interest or fees due and payable to Lender on or after the 9th day after the date of Lender’s invoice or, if applicable, on or after the 2nd day after the date of Lender’s account analysis statement, without the necessity of prior demand or Notice from Lender. (c) While a Default or an Event of Default exists, Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s Operating Account for any Obligations due and payable to Lender, without the necessity of prior demand or Notice from Lender.