Common use of Notice of Payment Amounts Clause in Contracts

Notice of Payment Amounts. The Calculation Agent shall provide (via email or facsimile) Party A with estimates of payments to be made by each of Party A and Party B (including a breakdown of the components of each payment) under the Agreement on the next following Payment Date, Interim Payment Date and Party A Accrued Interest Payment Date (as defined in the Confirmation). Such estimates shall be provided (i) by 4:00 p.m. (New York City time) of the second Business Day prior to each such monthly Payment Date and Party A Accrued Interest Payment Date and (ii) by 4:00 p.m. (New York City time) of the first Business Day prior to each such Interim Payment Date. Final confirmation of the actual amounts to be wired shall be provided (via e-mail or facsimile and confirmed by telephone) by no later than 12:00 noon (New York City time) on each such Interim Payment Date and on the Business Day immediately prior to each such monthly Payment Date and Party A Accrued Interest Payment Date.

Appears in 4 contracts

Samples: Master Agreement (New Century Financial Corp), Master Agreement (New Century Financial Corp), Master Agreement (New Century Financial Corp)

AutoNDA by SimpleDocs

Notice of Payment Amounts. The Calculation Agent shall provide (via email or facsimile) Party A with estimates of payments to be made by each of Party A and Party B (including a breakdown of the components of each payment) under the Agreement on the next following Payment Date, Interim Payment Date and Party A Accrued Interest Payment Date (as defined in the Confirmation). Such estimates shall be provided (i) by 4:00 p.m. (New York City time) of the second Business Day prior to each such monthly Payment Date and Party A Accrued Interest Payment Date and (ii) by 4:00 p.m. (New York City time) of the first Business Day prior to each such Interim Payment Date. Final confirmation of the actual amounts to be wired shall be provided (via e-mail or facsimile and confirmed by telephone) by no later than 12:00 noon (New York City time) on each such Interim Payment Date and on the Business Day immediately prior to each such monthly Payment Date and Party A Accrued Interest Payment Date.

Appears in 1 contract

Samples: Master Agreement (New Century Financial Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.