Common use of Payment to Bank Clause in Contracts

Payment to Bank. (A) All sums payable to Bank under this Agreement or under any other Loan Document shall be paid directly to Bank in immediately available funds or by good check at the Place for Payment. If Bank shall send Borrower statements of amounts due hereunder, such statements shall be considered correct and conclusively binding on Borrower unless Borrower notifies Bank to the contrary within thirty (30) days of its receipt of any statement which Borrower deems to be incorrect. (B) All payments to be made by Borrower hereunder will be made to Bank not later than 2:00 p.m. at the Place for Payment on the date payment is due. Payments received after 2:00 p.m. at the Place for Payment shall be deemed to be payments made prior to 2:00 p.m. at the Place for Payment on the next succeeding Business Day. (C) Bank shall charge against any deposit account of Borrower all or any part of any amount owed by Borrower hereunder, and Borrower hereby authorizes Bank to charge Borrower's accounts with Bank in order to cause timely payment of amounts due hereunder to be made (subject to sufficient funds being available in such account for that purpose). (D) At the time of making each such payment, Borrower shall, subject to the other terms and conditions of this Agreement, specify to Bank the Loan or other obligation of Borrower hereunder to which such payment is to be applied. In the event that Borrower fails to so specify the relevant Loan or if an Event of Default shall have occurred and be continuing, Bank may apply such payments to the Obligations as Bank may determine in its discretion.

Payment to Bank. (A) All sums payable to Bank under this Agreement or under any other Loan Document shall be paid directly to Bank in immediately available funds or by good check at the Place for Payment. If Bank shall send Borrower statements of amounts due hereunder, such statements shall be considered correct and conclusively binding on Borrower unless Borrower notifies Bank to the contrary within thirty (30) days of its receipt of any statement which Borrower it deems to be incorrect. (B) All payments to be made by Borrower hereunder will be made to Bank not later than 2:00 p.m. at the Place for Payment on the date payment is due. Payments received after 2:00 p.m. at the Place for Payment shall be deemed to be payments made prior to 2:00 p.m. at the Place for Payment on the next succeeding Business Day. (C) Bank shall may charge against any deposit account of Borrower all or any part of any amount owed by Borrower hereunder, and Borrower hereby authorizes Bank to charge Borrower's ’s accounts with Bank in order to cause timely payment of amounts due hereunder to be made (subject to sufficient funds being available in such account for that purpose). (D) At the time of making each such payment, Borrower shall, subject to the other terms and conditions of this Agreement, specify to Bank the Loan Note or other obligation of Borrower hereunder to which such payment is to be applied. In the event that Borrower fails to so specify the relevant Loan Note or if an Event of Default shall have occurred and be continuing, Bank may apply such payments to the Obligations as Bank it may determine in its discretion.

Payment to Bank. (A) All sums payable to Bank under this Agreement or under any other Loan Document shall be paid directly to Bank in immediately available funds or by good check at the Place for Payment. If Bank shall send Borrower statements of amounts due hereunder, such statements shall be considered correct and conclusively binding on Borrower unless Borrower notifies Bank to the contrary within thirty (30) days of its receipt of any statement which Borrower it deems to be incorrect. (B) All payments to be made by Borrower hereunder will be made to Bank not later than 2:00 p.m. at the Place for Payment on the date payment is due. Payments received after 2:00 p.m. at the Place for Payment shall be deemed to be payments made prior to 2:00 p.m. at the Place for Payment on the next succeeding Business Day. (C) Bank shall charge against any deposit account of Borrower all or any part of any amount owed by Borrower hereunder, and Borrower hereby authorizes Bank to charge Borrower's accounts with Bank in order to cause timely payment of amounts due hereunder to be made (subject to sufficient funds being available in such account for that purpose). (D) At the time of making each such payment, Borrower shall, subject to the other terms and conditions of this Agreement, specify to Bank the Loan or other obligation of Borrower hereunder to which such payment is to be applied. In the event that Borrower fails to so specify the relevant Loan or if an Event of Default shall have occurred and be continuing, Bank may apply such payments to the Obligations as Bank it may determine in its discretion.

Payment to Bank. (A) All sums payable to Bank under this Agreement or under any other Loan Document shall be paid directly to Bank in immediately available funds or by good check at the Place for Payment. If Bank shall send Borrower statements of amounts due hereunder, such statements shall be considered correct and conclusively binding on Borrower unless Borrower notifies Bank to the contrary within thirty (30) days of its receipt of any statement which Borrower it deems to be incorrect. (B) All payments to be made by Borrower hereunder will be made to Bank not later than 2:00 1:00 p.m. at the Place for Payment on the date payment is duePayment. Payments received after 2:00 1:00 p.m. at the Place for Payment shall be deemed to be payments made prior to 2:00 1:00 p.m. at the Place for Payment on the next succeeding Business Day. (C) Bank shall charge against any deposit account of Borrower all or any part of any amount owed by Borrower hereunder, and . Borrower hereby authorizes Bank to charge Borrower's its accounts with Bank in order to cause timely payment of amounts due hereunder to be made (subject to sufficient funds being available in such account for that purpose). (DC) At the time of making each such payment, Borrower shall, subject to the other terms and conditions of this Agreement, specify to Bank the Loan or other obligation of Borrower hereunder to which such payment is to be applied. In the event that Borrower fails to so specify the relevant Loan or if an Event of Default shall have occurred and be continuing, Bank may apply such payments to the Obligations Loans in such manner as Bank it may determine in its discretion.

Payment to Bank. (A) All sums monies payable to Bank under this Agreement or under any other Loan Document the Note shall be paid directly to Bank in immediately available funds or by good check at the Place for Payment. If Bank shall send Borrower statements of amounts due hereunder, such statements shall be considered correct and conclusively binding on Borrower unless in absence of manifest error. Alternatively, at its discretion, Bank may charge against any deposit account of Borrower notifies Bank to the contrary within thirty (30) days of its receipt all or any part of any statement which amount owed by Borrower deems to be incorrecthereunder. (B) All payments to be made by Borrower hereunder will be made to Bank not later than 2:00 1:00 p.m. at the Place for Payment on the date payment is duePayment. Payments received after 2:00 1:00 p.m. at the Place for Payment shall be deemed to be payments made prior to 2:00 1:00 p.m. at the Place for Payment on the next succeeding Business Day. (C) Bank shall charge against any deposit account of Borrower all or any part of any amount owed by Borrower hereunder, and . Borrower hereby authorizes Bank to charge Borrower's its accounts with Bank in order to cause timely payment of amounts due hereunder to be made (subject to sufficient funds being available in such account for that purpose)made. (DC) At the time of making each such payment, Borrower shall, subject to the other terms and conditions of this Agreement, specify to Bank the Loan or other obligation obligations of Borrower hereunder to which such payment is to be applied. In the event that Borrower fails to so specify the relevant Loan or if an Event of Default shall have occurred and be continuing, Bank may shall apply such payments first to any expenses or fees then owing, then to interest then owing, and then to principal of the Obligations as Bank may determine in its discretionLoan.