Common use of Payment by Borrower Clause in Contracts

Payment by Borrower. The Borrower shall remit by telegraphic transfer or bank transfer the full amount of the interest then due and payable into an account designated by the Lender on each Interest Payment Date.

Appears in 3 contracts

Samples: Facility Agreement, Facility Agreement (Aleris Ohio Management, Inc.), Facility Agreement (Aleris Ohio Management, Inc.)

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Payment by Borrower. The Borrower shall remit by telegraphic transfer or bank transfer the full amount of the interest then due and payable into an account designated by the Lender Facility Agent on each Interest Payment Date.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Aleris Corp)

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