Payments by the Sample Clauses
Payments by the. Company(a) .
(a) Except as otherwise expressly provided herein, all payments by the Company shall be made to the Agent for the account of the Banks and Designated Bidders at the Agent's Payment Office, and shall be made from an account of the Company maintained within the United States, in Dollars, and in immediately available funds, no later than 12:00 noon (San Francisco time) on the date specified herein. The Agent will promptly distribute to each Bank (or Designated Bidder) its Pro Rata Share (or other applicable share as expressly provided herein) of such payment in like funds as received. Any payment received by the Agent later than 12:00 noon (San Francisco time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue.
(b) Subject to the provisions set forth in the definition of "Interest Period" herein, whenever any payment is due on a day other than a Business Day, such payment shall be made on the following Business Day, and such extension of time shall in such case be included in the computation of interest or fees, as the case may be.
(c) Unless the Agent receives notice from the Company prior to the date on which any payment is due to the Banks or Designated Bidders that the Company will not make such payment in full as and when required, the Agent may assume that the Company has made such payment in full to the Agent on such date in immediately available funds and the Agent may (but shall not be so required), in reliance upon such assumption, distribute to each Bank or Designated Bidder on such due date an amount equal to the amount then due such Bank or Designated Bidder. If and to the extent the Company has not made such payment in full to the Agent, each Bank or Designated Bidder shall repay to the Agent on demand such amount distributed to such Bank or Designated Bidder, together with interest thereon at the Federal Funds Rate for each day from the date such amount is distributed to such Bank or Designated Bidder until the date repaid.
Payments by the. Issuer in respect of the Definitive Registered Notes
Payments by the. Lenders to the Administrative --------------------------------------------- Agent.
(a) Unless the Administrative Agent receives notice ----- from a Lender at least one Business Day prior to the date of a Borrowing of Offshore Rate Committed Loans or by 11:30 a.m. Chicago time on the day of any Borrowing of Base Rate Committed Loans, that such Lender will not make available as and when required hereunder to the Administrative Agent for the account of the Company the amount of such Lender's Pro Rata Share of such Committed Borrowing, the Administrative Agent may assume that such Lender has made such amount available to the Administrative Agent in immediately available funds on the Borrowing Date and the Administrative Agent may (but shall not be so required), in reliance upon such assumption, make available to the Company on such date a corresponding amount. If and to the extent any Lender shall not have made its full amount available to the Administrative Agent in immediately available funds and the
Payments by the. Administrative Agent Save as otherwise provided herein, each payment received by the Administrative Agent pursuant to Clause 25.2 (Payments to the Administrative Agent) shall:
Payments by the. Paying Agents in respect of the Definitive Registered Notes
(a) if any certificate of interest in a Definitive Registered Note is presented or surrendered for payment to any Paying Agent and such Paying Agent has delivered a replacement therefor or has been notified that the same has been replaced, such Paying Agent shall forthwith notify the Issuer and the Trustee of such presentation or surrender and shall not make payment against the same until it is so instructed by the Issuer or the Trustee and the relevant Paying Agent has received the amount to be so paid; and
(b) any of the Paying Agents shall cancel each certificate of interest in a Definitive Registered Note against presentation and surrender of which it has made full payment and shall deliver each certificate of interest in a Definitive Registered Note so cancelled by it to, or to the order of, the Trustee.
Payments by the. Contracting Entity under this Contract are not subject to tax, except VAT and deductions provided by law. In particular, if any payment under this Contract is subject to withholding tax at source, the Contracting Entity shall withhold the tax from the payment amount and pay it to the account of the National Revenue Agency. In these circumstances, payments to the Contractor will represent amounts due under this Contract, reduced by the withholding tax under the law. It is the duty of the Contractor to prove the reasons for not withholding tax at source.
Payments by the. Lenders to the Agent and Agent to Lenders. ---------------------------------------------------------
Payments by the. Agent Save as otherwise provided herein, each payment received by the Agent pursuant to Clause 23.1 (Payments to the Agent) shall:
23.2.1 in the case of a payment received for the account of any Borrower, be made available by the Agent to such Borrower by application:
(a) first, in or towards payment the same day of any amount then due from such Borrower hereunder to the person from whom the amount was so received; and
(b) secondly, in or towards payment the same day to the account of such Borrower with such bank in London as such Borrower shall have previously notified to the Agent for this purpose; and
23.2.2 in the case of any other payment, be made available by the Agent to the person entitled to receive such payment in accordance with this Agreement (in the case of a Bank, for the account of the Facility Office) for value as soon as reasonably practicable after receipt by the Agent by transfer to such account of such person with such bank in London as such person shall have previously notified to the Agent.
Payments by the. BANK The parties hereto acknowledge that:
(A) the Fund is not permitted to borrow monies from the Bank in connection with the transactions contemplated hereby; and
(B) all transactions will be pre-funded and no advances will be made by the Bank.
Payments by the. AGENT In relation to the payment of any amount denominated in the euro, the Agent shall not be liable to the Borrowers or any of the Banks in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Agent if the Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds (in the euro unit) to the account with the bank in the principal financial centre in the participating member state which the Borrowers or, as the case may be, any Bank shall have specified for such purpose. In this Clause 25.15, "all relevant steps" means all such steps as may be prescribed from time to time by the regulations or operating procedures of the Trans-European Automated Real-Time Gross Settlement Transfer System (TARGET) or any system which replaces TARGET for the purposes of clearing or settling payments of the euro.