Common use of Payments by Borrower; Presumptions by Agent Clause in Contracts

Payments by Borrower; Presumptions by Agent. Unless the Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Agent for the account of the Banks or any Fronting Bank hereunder that the Borrower will not make such payment, the Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Banks or the applicable Fronting Bank, as the case may be, the amount due.

Payments by Borrower; Presumptions by Agent. Unless the Agent shall have received notice from the Borrower Borrower, prior to the date on time at which any payment is due to the Agent for the account of the Banks or any Fronting Bank Lenders hereunder that the Borrower will not make such payment, the Agent may assume that the Borrower has have made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Banks or the applicable Fronting BankLenders, as the case may be, the amount due.

Payments by Borrower; Presumptions by Agent. Unless the Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Agent for the account of the Banks Lenders or any Fronting Issuing Bank hereunder that the Borrower will not make such payment, the Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Banks Lenders or the applicable Fronting Issuing Bank, as the case may be, the amount due.

Payments by Borrower; Presumptions by Agent. (a) Unless the Agent shall have received notice from the Borrower Borrowers prior to the date on which any payment is due to the Agent for the account of the Banks Lenders or any Fronting Issuing Bank hereunder that the Borrower Borrowers will not make such payment, the Agent may assume that the Borrower has Borrowers have made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Banks Lenders or the applicable Fronting Issuing Bank, as the case may be, the amount due.

Payments by Borrower; Presumptions by Agent. Unless the Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Agent for the account of the Banks or any Fronting Bank Lender hereunder that the Borrower will not make such payment, the Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Banks or the applicable Fronting Bank, as the case may be, the amount due.paym...

Payments by Borrower; Presumptions by Agent. Unless the Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Agent for the account of the Banks or any Fronting Bank hereunder that the Borrower will not make such payment, the Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Banks or the applicable Fronting Bank, as the case may be, the amount due.

Payments by Borrower; Presumptions by Agent. Unless the Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Agent for the account of the Banks Lenders or any Fronting Bank the L/C Issuer hereunder that the Borrower will not make such payment, the Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Banks Lenders or the applicable Fronting BankL/C Issuer, as the case may be, the amount due.. In such event, if Borrower has not in fact made such payment, F or p er so na

Payments by Borrower; Presumptions by Agent. Unless the Agent shall have received notice from the Borrower Borrowers’ Agent prior to the date on which any payment is due to the Agent for the account of the Banks any Lender or any Fronting Bank Letter of Credit Issuer hereunder that the any Borrower will not make such payment, the Agent may assume that the such Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the applicable Banks Lenders or the applicable Fronting BankLetter of Credit Issuers, as the case may be, the amount due.

Payments by Borrower; Presumptions by Agent. (a) Unless the Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Agent for the account of the Banks Lenders or any Fronting the Issuing Bank hereunder that the Borrower will not make such paymentpayment in full, the Agent may assume that the Borrower has made such payment on such date in accordance herewith and in its sole discretion may, but shall not be obligated to, in reliance upon such assumption, distribute to the applicable Banks Lenders or the applicable Fronting Issuing Bank, as the case may be, the amount duedue on such date.