Other Payment Terms. 26 2.07. Notes and Interest Account............................................... 27 2.08. Loan Funding............................................................. 27 2.09. Pro Rata Treatment....................................................... 28 2.10. Change of Circumstances.................................................. 29
Other Payment Terms. We can accept late payments, partial payments, or payments with any restrictive writing without losing any of our rights under this Agreement. This means that no payment,including those markedwith paid in full or with any other restrictive words, shall operate as an accord and satisfaction without our prior written consent. You may not use a postdated check to make a payment. If you do postdate a payment check, we may elect to honor it upon presentment or return it uncredited to the person that presented it, without in either case waiting for the date shown on the check. We are not liable to you for any loss or expense arising out of the action we elect to take.
Other Payment Terms. 22 2.07. Loan Accounts; Notes........................................................23 2.08. Loan Funding................................................................23 2.09. Pro Rata Treatment..........................................................24 2.10. Change of Circumstances.....................................................25 2.11. Taxes on Payments...........................................................27 2.12. Funding Loss Indemnification................................................27 2.13. Security....................................................................28 2.14. Replacement of Lenders......................................................29
Other Payment Terms. If any payment under this Note is due on a day of a calendar month for which there is no numerically corresponding day in certain other months (each, a “Non-Conforming Month”), then the payment in a Non-Conforming Month shall be due on the last Business Day of such Non-Conforming Month. If any payment under this Note shall become due on a day other than a Business Day, such payment shall be due on the next succeeding Business Day, except that if such day falls in the next succeeding calendar month, such payment shall be due on the next preceding day that is a Business Day. Interest shall be computed to, but excluding, the date payment is due. The Borrower hereby authorizes the Bank to charge the Borrower’s deposit account at the Bank for any payment when due under this Note or any other Loan Document. Payments received will be applied to charges, fees and expenses (including attorneys’ fees), accrued interest and principal in any order the Bank may choose, in its sole discretion.
Other Payment Terms. SECTION 4.01
Other Payment Terms. 10 2.08. Commitment Reductions............................................ 11 2.09 Extensions....................................................... 12 2.10. Nature of the Transaction........................................ 13 2.11. Security......................................................... 14 2.12. Change of Circumstances.......................................... 16
Other Payment Terms. (a) Should any payment become due and payable on any day other than a Business Day for Lender, the date of such payment shall be extended to the next succeeding Business Day, and, in the case of a payment of principal or past due interest or any installment of either thereof, interest shall accrue and be payable thereon for the period of such extension at the applicable interest rate or rates specified herein. Each payment by Borrower on account of the principal of or interest on this Note or of any fee or other amount payable to Lender shall be made not later than 11:00 a.m. (Eastern Standard time) on the applicable due date (or if such day is not a Business Day, the next succeeding Business Day). Any payment made after 11:00 a.m. shall be credited on the next succeeding Business Day. All payments shall be made to Lender at Lender’s office, in U.S. Dollars, in immediately available funds.
(b) Borrower shall have the right, from time to time, to prepay the unpaid principal, in whole or in part, without premium or penalty, upon the payment of accrued interest on the amount prepaid to and including the date of payment.
Other Payment Terms. 14 2.06. Notes and Interest Account . . . . . . . . . . . . . . . 16 2.07. Loan Funding . . . . . . . . . . . . . . . . . . . . . . 16 2.08. Pro Rata Treatment . . . . . . . . . . . . . . . . . . . 17 2.09. Change of Circumstances. . . . . . . . . . . . . . . . . 18 2.10. Taxes on Payments. . . . . . . . . . . . . . . . . . . . 20 2.11. Funding Loss Indemnification . . . . . . . . . . . . . . 21
Other Payment Terms. On any overdue payments, Samsung shall pay a finance charge upon the unpaid balance of the lesser of the prime rate plus two percent (2%) annually and the maximum amount permitted by law. All amounts specified in this Agreement shall be paid in U.S. dollars and shall not be subject to setoff against any other amounts due and payable under this Agreement or any other agreement.
Other Payment Terms. 7 SECTION 4.01 Time and Method of Payment...................................................7
