Common use of Other Payment Provisions Clause in Contracts

Other Payment Provisions. Borrower shall make each payment hereunder not later than 2:00 P.M. (Eastern time) on the day when due, without offset, in lawful money of the United States of America to Investment Manager, for the benefit of Lender, in same day funds at Investment Manager’s offices or pursuant to a wire transfer to Lender’s designated bank account, which shall initially be: [ ]. All payments will be applied in accordance with the terms of the Credit Agreement. If the date for any payment or prepayment hereunder falls on a day which is not a Business Day, then for all purposes of this Note the same shall be deemed to have fallen on the next following Business Day, and such extension of time shall in such case be included in the computation of payments of interest.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Cardlytics, Inc.)

AutoNDA by SimpleDocs

Other Payment Provisions. Borrower The Seller shall make each payment hereunder not later than 2:00 P.M. (Eastern standard time) on the day when due, without offset, in lawful money of the United States of America to Investment Manager, for the benefit of Lender, Buyer in same day funds at Investment Managerthe Buyer’s offices or pursuant to a wire transfer to Lenderthe Buyer’s designated bank account, which shall initially be: [ ]. All payments will be applied in accordance with the terms of manner set forth in the Credit Note Purchase Agreement. If the date for any payment or prepayment hereunder falls on a day which is not a Business Daybusiness day, then for all purposes of this Note the same shall be deemed to have fallen on the next following Business Daybusiness day, and such extension of time shall in such case be included in the computation of payments of interest.

Appears in 2 contracts

Samples: Term Note (Clinical Data Inc), Term Note (Avalon Pharmaceuticals Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!