Payments by the Companies. (a) Except as otherwise expressly provided herein, all payments by any Company shall be made to the Agent for the account of the Banks and the Designated Bidders, or the Agent, as the case may be, at the Agent's Payment Office; and with respect to the principal of, interest on, and any other amounts relating to, any Offshore Currency Loan, shall be made to the Agent in the Offshore Currency in which such Loan is denominated or payable, and, with respect to all other amounts payable hereunder, shall be made in Dollars. Such payments shall be made in Same Day Funds, and (i) in the case of Offshore Currency payments, no later than such time on the dates specified herein as may be determined by the Agent to be necessary for such payment to be credited on such date in accordance with normal banking procedures in the place of payment, and (ii) in the case of any Dollar payments, no later than 2:00 p.m. (Charlotte time) on the date specified herein. The Agent will promptly distribute to each Bank and Designated Bidder its Pro Rata Share (or other applicable share as expressly provided herein) of such amounts, in like funds as received. Any payment which is received by the Agent later than 2:00 p.m. (Charlotte time), or later than the time specified by the Agent as provided in clause (i) above (in the case of Offshore Currency payments), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue.
Payments by the Companies. (a) All payments to be made by the Companies shall be made without set-off, recoupment or counterclaim. Except as otherwise expressly provided herein, all payments by the Companies shall be made to the Agent for the account of the Banks at the Agent's Payment Office, and shall be made in dollars and in immediately available funds, no later than 11:00 a.m. (San Francisco time) on the date specified herein. The Agent will promptly distribute to each Bank 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 11:00 a.m. (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.
Payments by the Companies. (a) Except as otherwise expressly provided herein, all payments by any Company shall be made to the Agent for the account of the Banks or the Agent, as the case may be, at the Agent's Payment Office in Dollars in Same Day Funds, no later than 2:00 p.m. (Charlotte time) on the date specified herein. The Agent will promptly distribute to each Bank its Pro Rata Share (or other applicable share as expressly provided herein) of such amounts, in like funds as received. Any payment which is received by the Agent later than 2:00 p.m. (Charlotte time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue.
Payments by the Companies. (a) During such time as Precious Metal is consigned to the Companies hereunder and until the same is withdrawn from consignment and paid for in full by the Companies as hereinafter provided, the Companies will pay to FPM a fee computed daily on the value of such Consigned Precious Metal as hereinafter set forth. Such fee shall be accrued on a daily basis and, in the case of Floating Rate Consignments, shall be paid monthly, not later than the fifth Business Day following the receipt of billing, and in the case of Fixed Rate Consignments, shall be paid on the last day of the Consignment Period with respect thereto.
Payments by the Companies. (a) All payments (including prepayments) to be made by a Company on account of principal, interest, fees and other amounts required hereunder shall be made without set-off, recoupment or counterclaim; shall, except as otherwise expressly provided herein, be made by such Company to its Applicable Agent for the account of its Applicable Lenders (pro rata based on such Applicable Lender's Commitment Percentage) at its Applicable Agent's Payment Office, and shall be made in immediately available funds, no later than 12:00 noon (Chicago time) on the date specified herein. All payments made by a Company to its Applicable Agent will be promptly distributed by such Applicable Agent to such Company's Applicable Lenders in accordance with such Applicable Lender's Commitment Percentage (or other applicable share as expressly provided in the Loan Documents) of such principal, interest, fees or other amounts, in like funds as received. Any payment by a Company which is received by its Applicable Agent later than 12:00 noon (Chicago time) shall be deemed to have been received on the immediately succeeding Business Day and any applicable interest or fee shall continue to accrue.
Payments by the Companies. (a) All payments (including prepayments) to be made by the Companies on account of principal, interest, fees and other amounts required hereunder shall be made without set-off or counterclaim and shall, except as otherwise expressly provided herein, be made to the Agent for the ratable account of the Banks at the Agent's Payment Office, in dollars and in immediately available funds, no later than 11:00 a.m. (San Francisco, California time) on the date specified herein. The Agent will promptly distribute to each Bank the amount of its Commitment Percentage (or other applicable share as expressly provided herein) of such principal, interest, fees or other amounts, in like funds as received. Any payment which is received by the Agent later than 11:00 a.m. (San Francisco, California time) shall be deemed to have been received on the immediately succeeding Business Day and any applicable interest or fee shall continue to accrue.
Payments by the Companies. 33 2.15 PAYMENTS BY THE BANKS TO THE AGENT............................................................... 34 2.16 SHARING OF PAYMENTS, ETC......................................................................... 35
Payments by the Companies. (a) All payments to be made by either of the Companies shall be made without set-off, recoupment or counterclaim. Except as otherwise expressly provided herein, all payments by either of the Companies shall be made to the Agent for the account of the Banks at the Agent's Payment Office, and shall be made in dollars and in immediately available funds, no later than 1:00 p.m. (Chicago time) on the date specified herein. The Agent will promptly distribute to each Bank 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 1:00 p.m. (Chicago time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue.
Payments by the Companies. (a) Except as otherwise expressly provided herein, all payments by any Company shall be made to the Agent for the account of the Banks and the Designated Bidders, or the Agent, as the case may be, at the Agent's Payment Office; and with respect to the principal of, interest on, and any other amounts relating to, any Offshore Currency Loan, shall be made to the Agent in
Payments by the Companies. (a) All payments to be made by either of the Companies shall be made without set-off, recoupment or counterclaim. Except as otherwise expressly provided herein, all payments by either of the Companies shall be made to the Agent for the account of the Banks at the Agent's Payment Office, and shall be made in dollars and in immediately available funds, no later than 1:00 p.m. ( Chicago time) on the date specified herein. The Agent will promptly distribute to each Bank 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 1:00 p.m. ( Chicago time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue.
