NONCONFORMING PAYMENTS. In the event Consultant receives payment under this Agreement which is later disallowed by NORTH HOUSING BLOCK A LP’S for nonconformance with the terms of the Agreement, Consultant shall promptly refund the disallowed amount to NORTH HOUSING BLOCK A LP’S on request; or at its option NORTH HOUSING BLOCK A LP’S may offset the amount disallowed from any payment due to Consultant.
NONCONFORMING PAYMENTS. In the event Consultant receives payment under this Agreement which is later disallowed by AHA for nonconformance with the terms of the Agreement, Consultant shall promptly refund the disallowed amount to AHA on request; or at its option AHA may offset the amount disallowed from any payment due to Consultant.
NONCONFORMING PAYMENTS. The Administrative Agent shall deem that any payment by or on behalf of a Borrower that is not made both (i) in the Applicable Currency and in immediately available funds, and (ii) at or prior to 11:00 a.m. (Central Time) on the date any such payment is due to be a nonconforming payment. Any such payment shall not be deemed to be received by the Administrative Agent until the time that such funds become available funds. The Administrative Agent shall give prompt telephonic notice (confirmed in writing) to the Borrower and each of the Lenders if any payment is nonconforming (but the failure to provide such notice shall not affect the obliga- tion of Borrower to make such payment). Interest shall continue to accrue on any principal as to which a nonconforming payment is made until such funds become available funds (but in no event less than the period from the date of such payment to the next succeeding Business Day).
NONCONFORMING PAYMENTS. You must make payments in U.S. dollars by check, money order or similar instrument, or by automatic debit that is drawn on or honored by a bank located in the United States. We can accept late payments, partial payments, or conditional checks or money orders, or any checks or money orders marked “payment in full” without losing our rights under this Agreement, including the right to require full payment of all amounts owed under this Agreement. If you pay us with a check or similar instrument that has notations or instructions on or with the instrument, you agree that (a) we may disregard such notations or instructions and (b) we may credit any payment we receive to your Account, and our crediting of that payment will not mean that we have agreed to such notations or instructions on or with that payment. AVERAGE DAILY BALANCE OF PURCHASES (INCLUDING NEW PURCHASES) We calculate a portion of the Interest Charge on your Account by applying a Daily Periodic Rate to the “Average Daily Balance” of Purchases on the Account (including new Purchases for which you do not have a Grace Period) multiplied by the number of days in the billing cycle. To calculate the Average Daily Balance of Purchases, we take the beginning balance of Purchases on the Account each day, add any New Purchases (except as described below), and subtract any unpaid interest, other finance charges and fees, and any payments or credits. This gives us the daily balance of Purchases. Then, we add up all the daily balances of Purchases for the billing cycle and divide the total by the number of days in the billing cycle. This gives us the Average Daily Balance of Purchases. However, if you paid the full amount of the New Balance on your last Statement by the Payment Due Date shown on that Statement, or if you had no balance or a credit balance on your last Billing Statement, New Purchases will be excluded from the Average Daily Balance of Purchases. AVERAGE DAILY BALANCE OF CASH ADVANCES AND BALANCE TRANSFERS (INCLUDING NEW CASH ADVANCES AND BALANCE TRANSFERS) We calculate a portion of your Interest Charge on the Account by applying a Daily Periodic Rate to the Average Daily Balance of Cash Advances and Balance Transfers on the Account multiplied by the number of days in the billing cycle. To calculate the Average Daily Balance of Cash Advances and Balance Transfers, we take the beginning balance of Cash Advances and Balance Transfers on the Account each day, add any New Cash Advances and New Balan...
NONCONFORMING PAYMENTS. You must make payments in U.S. dollars by check, money order or similar instrument, or by automatic debit that is drawn on or honored by a bank located in the United States. We can accept late payments, partial payments, or conditional checks or money orders, or any checks or money orders marked “payment in full” without losing our rights under this Agreement, including the right to require full payment of all amounts owed under this Agreement. If you pay us with a check or similar instrument that has notations or instructions on or with the instrument, you agree that (a) we may disregard such notations or instructions and (b) we may credit any payment we receive to your Account, and our crediting of that payment will not mean that we have agreed to such notations or instructions on or with that payment.
NONCONFORMING PAYMENTS. In the event CONTRACTOR receives payment under this Contract which is later disallowed by the AUTHORITY for nonconformance with the terms of the Contract, CONTRACTOR shall promptly refund the disallowed amount to the AUTHORITY on request; or at its option the AUTHORITY may offset the amount disallowed from any payment due to CONTRACTOR.
