Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's Account for the account of the Lender Group 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 Agent 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 32 contracts
Samples: Loan and Security Agreement (Alpine Group Inc /De/), Loan and Security Agreement (Aegis Communications Group Inc), Loan and Security Agreement (Iron Age Corp)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's ’s Account for the account of the Lender Group 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 Agent 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 29 contracts
Samples: Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (Majestic Holdco, LLC)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's ’s Account for the account of the Lender Group 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 Agent 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 6 contracts
Samples: Abl Dip Agreement, Credit Agreement (Stock Building Supply Holdings, Inc.), Credit Agreement (Finisar Corp)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to AgentLender's Account for the account of the Lender Group 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 Agent 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 (Futurelink Corp), Loan and Security Agreement (Synavant Inc), Loan and Security Agreement (Peninsula Gaming Corp)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's Account for the account of the Lender Group 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 Agent 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: And Consolidated Loan and Security Agreement (Big Dog Holdings Inc), Loan and Security Agreement (Dairy Mart Convenience Stores Inc), Loan and Security Agreement (Prandium Inc)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to AgentLender's Account for the account of the Lender Group 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 Agent 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: Loan Agreement (Arg Property Management Corp), Loan and Security Agreement (Jalou Cashs LLC), Loan and Security Agreement (Metalico Inc)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers any Borrower shall be made to Agent's ’s Account for the account of the Lender Group 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 Agent later than 11:00 a.m. (California time), ) shall be deemed to have been received (unless Agent, in its sole discretion, elects to credit it on the date 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: Credit Agreement (Jack Cooper Holdings Corp.), Credit Agreement (Jack Cooper Logistics, LLC)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. (California time) on the date specified herein. Any Except as otherwise provided in paragraph (b)(iii) below, any payment received by Agent 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 (Amerco /Nv/), Loan and Security Agreement (U Haul International Inc)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made in Dollars to Agent's ’s Account for the account of the Lender Group 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 Agent 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: Credit Agreement (Silicon Graphics Inc), Loan and Security Agreement (Silicon Graphics Inc /Ca/)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's ’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 12:00 noon (California time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 12:00 noon (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: Credit Agreement (SoftBrands, Inc.)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made in Dollars to Agent's Account for the account of the Lender Group 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 Agent 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 (Silicon Graphics Inc /Ca/)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's ’s Account for the account of the Lender Group 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 Agent 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.11:00
Appears in 1 contract
Payments by Borrowers. (ia) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's Account for the account of the Lender Group 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 Agent 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 Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's Account for the account of the Lender Group 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 Agent later than 11:00 a.m. (California time), at the option of Agent, 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 Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers any Borrower shall be made to Agent's ’s Account for the account of the Lender Group 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 Agent 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: Credit Agreement (Silicon Graphics International Corp)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's ’s Account for the account of the Lender Group 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 Agent later than 11:00 a.m. (California time), shall be deemed solely for the purpose of calculating interest and fees 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 Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers any Borrower shall be made to Agent's ’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 12:00 p.m. (California time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 12:00 p.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 Borrowers. (i) Except as otherwise expressly provided herein, all payments by (or on behalf of) Borrowers shall be made to Agent's Account for the account of the Lender Group 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 Agent 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: Credit Agreement (WHX Corp)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's Account for the account of the Lender Group and shall be made in Dollars in immediately available funds, no later than 11:00 a.m. (California time) on the date specified hereinherein without defense, set-off, or counterclaim. Any payment received by Agent 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 (Pioneer Companies Inc)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Administrative Agent's ’s Account for the account of the Lender Group 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 Administrative Agent 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 Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's Account for the account of the Lender Group 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 Agent 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.to
Appears in 1 contract
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent's Account for the account of the Lender Group 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 Agent 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 Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers Loan Parties shall be made to Agent's Account for the account of the Lender Group 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 Agent 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: Credit Agreement (Take Two Interactive Software Inc)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers any Loan Party shall be made to Agent's ’s Account for the account of the Lender Group 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 Agent 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 Borrowers. (i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made in Dollars to Agent's ’s Account for the account of the Lender Group 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 Agent later than 11:00 a.m. (California time), ) shall be deemed to have been received on the following Business Day Day, and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Payments by Borrowers. (i) Except i)Except as otherwise expressly provided herein, all payments by Borrowers any Borrower shall be made to Agent's ’s Account for the account of the Lender Group 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 Agent later than 11:00 a.m. (California time), ) shall be deemed to have been received (unless Agent, in its sole discretion, elects to credit it on the date 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