Common use of Payments and Computations, Etc Clause in Contracts

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all amounts to be paid or deposited hereunder shall be paid or deposited in accordance with the terms hereof no later than 5:00 p.m. (New York time) on the day when due in lawful money of the United States of America in same day funds. (b) The Borrower shall, to the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is due hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable. (d) The Borrower agrees that the principal of and interest on the Loans shall be a recourse obligation of the Borrower. (e) All payments made by the Borrower under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all amounts to be paid or deposited hereunder shall be paid or deposited in accordance with the terms hereof no later than 5:00 4:00 p.m. (New York time) on the day when due in lawful money of the United States of America in same day funds. (b) The Borrower shall, to the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is due hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable. (d) The Borrower agrees that the principal of and interest on the Loans shall be a recourse obligation obligations of the Borrower. (e) All payments made by the Borrower under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all All per annum fees payable under this Agreement shall be calculated for the actual days elapsed on the basis of a 360-day year. All amounts to be paid or deposited by the Seller or the Servicer hereunder shall be paid or deposited in accordance with the terms hereof in immediately available funds no later than 5:00 p.m. the time specified in the applicable provision of this Agreement, or, if not so specified, by 11:00 a.m. (New York City time) on the day when due due. All such amounts shall be paid or deposited to the applicable party or account, as applicable, at the address listed on Schedule I hereto (or in lawful money of the United States of America applicable Assumption Agreement); provided, that, if such amounts are payable to any Purchasers or XX Xxxxx, they shall be paid or deposited in same day funds. the applicable Facility Agent’s account indicated on Schedule I hereto (b) or in the applicable Assumption Agreement), until otherwise notified by such party. The Borrower Seller shall, to the extent permitted by lawLaw, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is or deposited when due hereunder as provided herein, for at a rate equal to the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) . All computations of interest and fees Yield hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in elapsed other than computations of interest calculated by reference to the period for Alternate Base Rate which payable. (d) The Borrower agrees that the principal of and interest shall be calculated on the Loans shall be basis of a recourse obligation of the Borrower365- or 366-day year, as applicable. (e) All payments made by the Borrower under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all amounts to be paid or deposited hereunder shall be paid or deposited in accordance with the terms hereof no later than 5:00 4:00 p.m. (New York City time) on the day when due in lawful money of the United States of America in same day funds. (b) The Borrower shall, to the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is due hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable. (d) The Borrower agrees that the principal of and interest on the Loans shall be a recourse obligation obligations of the Borrower. (e) All payments made by the Borrower under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all amounts to be paid or deposited hereunder shall be paid or deposited in accordance with the terms hereof no later than 5:00 4:00 p.m. (New York City time) on the day when due in lawful money of the United States of America in same day funds. (b) The Borrower Borrowers shall, to the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is due hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable. (d) The Borrower agrees Borrowers agree that the principal of and interest on the Loans shall be a recourse obligation obligations of the BorrowerBorrowers. (e) All payments made by the Borrower Borrowers under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all amounts to be paid or deposited hereunder shall be paid or deposited in accordance with the terms hereof no later than 5:00 1:00 p.m. (New York City time) on the day when due in lawful money of the United States of America in same day funds. (b) The Borrower Borrowers shall, to the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is due hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable. (d) The Borrower agrees Borrowers agree that the principal of and interest on the Loans shall be a recourse obligation obligations of the Borrower. (e) All payments made by the Borrower Borrowers under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all amounts to be paid or deposited hereunder shall be paid or deposited in accordance with the terms hereof no later than 5:00 4:00 p.m. (New York City time) on the day when due in lawful money of the United States of America in same day funds. (b) The Borrower Seller shall, to the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is due hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable. (d) The Borrower Seller agrees that the principal payment of and interest on the Loans Repurchase Price shall be a recourse obligation of the BorrowerSeller. (e) All payments made by the Borrower Seller under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all amounts to be paid or deposited hereunder shall be paid or deposited in accordance with the terms hereof no later than 5:00 1:00 p.m. (New York City time) on the day when due in lawful money of the United States of America in same day funds. (b) The Borrower shall, to the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is due hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable. (d) The Borrower agrees that the principal of and interest on the Loans shall be a recourse obligation obligations of the Borrower. (e) All payments made by the Borrower under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all All per annum fees payable under this Agreement shall be calculated for the actual days elapsed on the basis of a 360-day year. All amounts to be paid or deposited by the Seller or the Servicer hereunder shall be paid or deposited in accordance with the terms hereof in immediately available funds no later than 5:00 p.m. the time specified in the applicable provision of this Agreement, or, if not so specified, by 11:00 a.m. (New York City time) on the day when due due. All such amounts shall be paid or deposited to the applicable party or account, as applicable, at the address listed on Schedule I hereto (or in lawful money of the United States of America applicable Assignment and Assumption Agreement); provided, that, if such amounts are payable to any Purchasers or XX Xxxxx, they shall be paid or deposited in same day funds. the applicable Facility Agent’s account indicated on Schedule I hereto (b) or in the applicable Assignment and Assumption Agreement), until otherwise notified by such party. The Borrower Seller shall, to the extent permitted by lawLaw, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is or deposited when due hereunder as provided herein, for at a rate equal to the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) . All computations of interest and fees Yield hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in elapsed other than computations of interest calculated by reference to the period for Alternate Base Rate which payable. (d) The Borrower agrees that the principal of and interest shall be calculated on the Loans shall be basis of a recourse obligation of the Borrower365- or 366-day year, as applicable. (e) All payments made by the Borrower under this Agreement shall be made without set-off or counterclaim.

Payments and Computations, Etc. (a) Unless otherwise expressly stated provided herein, all amounts to be paid or deposited hereunder by the Borrower or the Servicer hereunder, including such amounts contemplated pursuant to Section 2.06, shall be paid or deposited in accordance with the terms hereof no later than 5:00 p.m. (New York City time) on the day when due in lawful money of the United States in immediately available funds, in the case of America amounts due to a Lender (in same day funds. (baccordance with Section 2.06(b) The Borrower shallor Section 2.06(c), to each Lender at such Lender’s account, the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid details of which appear on the date applicable Schedule V for such payment is due Lender. Any Obligation hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not be reduced by any distribution of any portion of Collections if at any time exceed such distribution is rescinded or returned by a Lender to the maximum rate permitted by applicable law. (c) All Borrower or any other Person for any reason. Except as provided in Section 2.05, all computations of interest and other fees hereunder (including, without limitation, the Servicing Fee) shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payableelapsed. (db) The Borrower agrees that the principal of and interest on the Loans Whenever any payment hereunder shall be stated to be due on a recourse obligation of the Borrower. (e) All payments made by the Borrower under this Agreement day other than a Business Day, such payment shall be made without set-off on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or counterclaimany fee payable hereunder, as the case may be.

Payments and Computations, Etc. (a) Unless otherwise expressly stated herein, all amounts to be paid or deposited hereunder shall be paid or deposited in accordance with the terms hereof no later than 5:00 1:00 p.m. (New York time) on the day when due in lawful money of the United States of America in same day funds. (b) The Borrower Borrowers shall, to the extent permitted by law, pay interest on all amounts (including principal, accrued interest and fees) due but not paid on the date such payment is due hereunder as provided herein, for the period from, and including, such due date until, but excluding, the date paid, at the applicable Default Rate, payable on demand; provided, however that such interest rate shall not at any time exceed the maximum rate permitted by applicable law. (c) All computations of interest and fees hereunder shall be made on the basis of a year of 360 days for the actual number of days elapsed (including the first day but excluding the last day) occurring in the period for which payable. (d) The Each Borrower agrees that the principal of and interest on the Loans shall be a recourse obligation obligations of the such Borrower. (e) All payments made by the Borrower Borrowers under this Agreement shall be made without set-off or counterclaim.