Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Lender's Account and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 12 contracts
Samples: Loan and Security Agreement (Special Devices Inc /De), Loan and Security Agreement (Vitalworks Inc), Loan and Security Agreement (Epicor Software Corp)
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Lender's Account for the account of the Lender and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 4 contracts
Samples: Loan and Security Agreement (Overstock Com Inc), Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies Inc)
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Lender's Account and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 3 contracts
Samples: Credit Agreement (Piccadilly Cafeterias Inc), Loan and Security Agreement (Microstrategy Inc), Loan and Security Agreement (Paradyne Networks Inc)
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Lender's ’s Account for the account of the Lender and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 2 contracts
Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Lazy Days R.V. Center, Inc.)
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Lender's Account for the account of the Lender and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Samples: Loan and Security Agreement (Velocity Asset Management Inc)
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made in Dollars to Lender's Account and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Lender's Account and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Lender's ’s Account for the account of the Lender and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee fees shall continue to accrue until such following Business Day.
Appears in 1 contract
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to the Lenders' Accounts, in each case in the amount then due to each Lender's Account , and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by any Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
(ii) [Intentionally omitted].
Appears in 1 contract
Samples: Loan and Security Agreement (Hudson Respiratory Care Inc)
Payments by Borrower. (i) Except as otherwise expressly provided herein, all payments by Borrower shall be made to Lender's Account for the account of Lender and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any payment received by Lender later than 11:00 a.m. (California time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
