Common use of Payments by Lenders to Agents Clause in Contracts

Payments by Lenders to Agents. All payments to be made by any Lender to an Agent in connection with Borrowings shall be made in funds having same day value to such Agent, for the applicable Borrower’s applicable Cdn. $ or U.S. $ account (unless otherwise specified), at the branch, office or account mentioned in or designated under Section 10.1 (a) or (b) and by the time designated therein.

Payments by Lenders to Agents. All payments to be made by any Lender to an Agent in connection with Borrowings shall be made in funds having same day value to such Agent, for the applicable Borrower’s 's applicable Cdn. $ or U.S. $ account (unless otherwise specified), at the branch, office or account mentioned in or designated under Section 10.1 (a) or (b) and by the time designated therein.