PAYMENT TO THE AGENT. The Recipient agrees to pay to the Agent an amount calculated as follows: P = D (X - Y) where P = the amount payable to the Agent D = the aggregate amount due to the Recipient out of which an amount has been discharged X = the fraction of D which has been discharged Y = the fraction which has been discharged, if any, of the aggregate amount due to the Lender which has the greatest proportion of that amount still outstanding. This amount will be paid no later than five Business Days after receipt of a notice from the Agent under Clause 13.2.
PAYMENT TO THE AGENT. 3.1 In consideration of the Agent carrying out the Duties and giving the warranty in clause 4, the Licensors jointly agree that the Agent shall be entitled to an aggregate sum equal to the Payment.
3.2 The Payment shall be made to the Agent within fourteen (14) Business Days of the finalisation of the Accounts of the Partnership in respect of each period.
3.3 A Certificate in writing signed by the Licensors stating the total amount due to the Agent shall in the absence of manifest error be conclusive evidence thereof.
PAYMENT TO THE AGENT. 3.1 In consideration of the Agent carrying out the Duties and giving the warranty in clause 4, PTC (on behalf of the Partnership) agrees that the Agent shall be entitled to the Payment.
3.2 The Payment shall be made to the Agent within fourteen (14) Business Days of the finalisation of the Accounts of the Partnership in respect of each Period.
3.3 A Certificate in writing signed by PTC stating the total amount due by PlC to the Agent shall in the absence of manifest error be conclusive evidence thereof.
PAYMENT TO THE AGENT. (a) On each date on which an Obligor or a Lender is required to make a payment under a Senior Finance Document, that Obligor or Lender shall make the same available to the Agent (unless a contrary indication appears in a Senior Finance Document) for value on the due date at the time and in such funds as is specified by the Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
(b) Subject to any contrary provisions of any Senior Finance Document, any payment by an Obligor or Lender shall be made to such account of the Agent in the principal financial centre of the country of that currency (or, in relation to Euro, in a principal financial centre in a Participating Member State or London) with such bank as the Agent shall have specified to the Obligors’ Agent (on behalf of the relevant Obligor) or the relevant Lender as appropriate.
PAYMENT TO THE AGENT. (A) The Agent shall send the Borrower statements of all amounts due hereunder (or the Banks may in the case of Section 2.7 above), which statements shall be considered correct and conclusively binding on the Borrower unless the Borrower notifies the Agent to the contrary within one hundred eighty (180) days of its receipt of any statement to which it objects. All sums payable to the Banks hereunder shall be paid directly to the Agent for the account of each Bank in immediately available funds prior to 12:00 noon, Nashville time, on the date when such sums are due and payable. Any amounts received by the Agent after 12:00 noon Nashville time on any Business Day shall be deemed to have been received on the next Business Day.
(B) Each payment made to the Agent on the Notes or for other sums or fees due hereunder for the account of the Banks shall in like funds be properly remitted by the Agent to each Bank, no later than 2:00 p.m. Nashville time on the date on which Agent receives such payment.
PAYMENT TO THE AGENT and the Lenders of the --------------- fees specified in this Agreement or in the Fee Letter as being payable on the Closing Date and all reasonable out-of-pocket costs and expenses incurred by the Agent and Fleet in connection with the transactions contemplated hereby, including, but not limited to, reasonable outside legal expenses and any accounting fees, auditing fees, appraisal fees, and other fees associated with any independent analyses of the Borrower, the Parent and any Subsidiary and evidence that all other reasonable fees and costs payable by the Borrower and the Parent in connection with the transactions contemplated by the Financing Documents and completed on the Closing Date have been paid in full.
PAYMENT TO THE AGENT. The Recipient agrees to pay to the Agent an amount calculated as follows: P = D (X - Y) where P = the amount payable to the Agent
PAYMENT TO THE AGENT. The Recipient agrees to pay to the Agent an amount equal to the amount discharged, less the amount which would have been received by the Recipient if the discharge had been made by payment to the Agent. This amount will be paid no later than five Business Days after receipt of a notice from the Agent under SECTION 15(2).
PAYMENT TO THE AGENT. Unless otherwise specified in this Agreement, (i) all payments to be made by the Borrower must be made to the Agent at the Branch of Account, and (ii) all payments made to the Agent will be deemed to have been made to the Agent for the ratable benefit of the Lenders. Any payment due by the Borrower may be charged to an account maintained by the Borrower with the Agent.
PAYMENT TO THE AGENT. (A) The Agent shall send the Borrower statements of all amounts due hereunder, which statements shall be considered correct and conclusively binding on the Borrower unless the Borrower notifies the Agent to the contrary within ninety (90) days of its receipt of any statement to which it objects. All sums payable to the Banks hereunder shall be paid directly to the Agent for the account of each Bank in immediately available funds prior to 12:00 noon, Charlotte, North Carolina time, on the date when such sums are due and payable. Any amounts received by the Agent after 12:00 noon Charlotte, North Carolina time on any Business Day shall be deemed to have been received on the next Business Day. Alternatively, at its sole discretion, the Agent may charge against any deposit account of the Borrower maintained with any of the Banks all or any part of any amount due pursuant to this Agreement.
(B) Each payment made to the Agent on the Notes or for other sums or fees due hereunder for the account of the Banks shall be properly remitted by the Agent to each Bank, pro rata in accordance with the outstanding unpaid principal amount of the Notes held by each Bank, no later than 2:00 p.m. Charlotte, North Carolina time on the date on which Agent receives such payment.
(C) Borrower shall give Agent two (2) Business Days notice of payments of principal and/or interest other than payments on a regularly scheduled payment date set forth herein.
