Common use of Payments, Computations; Proceeds of Collateral, etc Clause in Contracts

Payments, Computations; Proceeds of Collateral, etc. (a) Unless otherwise expressly provided in a Loan Document, all payments by the Borrower pursuant to each Loan Document shall be made without setoff, deduction or counterclaim not later than 2:00 p.m. Eastern (New York City) time on the date due in same day or immediately available funds to such account as the Lender shall specify from time to time by notice to the Borrower. Funds received after 2:00 p.m. Eastern (New York City) time on any day shall be deemed to have been received by the Lender on the next succeeding Business Day. All interest and fees shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such interest or fee is payable over a year comprised of 360 days. Payments due on other than a Business Day shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest and fees in connection with that payment.

Payments, Computations; Proceeds of Collateral, etc. (a) Unless otherwise expressly provided in a Loan Document, all payments by the Borrower pursuant to each Loan Document shall be made without setoff, deduction or counterclaim not later than 2:00 1:00 p.m. Eastern (New York City) time on the date due in same day or immediately available funds funds, marked for attention as indicated, or in such other manner or to such other account in any United States bank as the Lender shall specify Administrative Agent may from time to time by notice to the Borrowerdirect in writing. Funds received after 2:00 1:00 p.m. Eastern (New York City) time on any day shall be deemed to have been received by the Lender on the next succeeding Business DayDay and any applicable interest or fee shall continue to accrue. All interest and fees shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such interest or fee is payable over a year comprised of 360 days. Payments due on other than a Business Day shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest and fees in connection with that payment.

Payments, Computations; Proceeds of Collateral, etc. (a) Unless otherwise expressly provided in a Loan Document, all payments by the Borrower pursuant to each Loan Document shall be made without setoff, deduction or counterclaim not later than 2:00 p.m. Eastern (New York City) time 10:00 a.m. on the date due in same day or immediately available funds funds, marked for attention as indicated, or in such other manner or to such other account as the Lender shall specify may from time to time by notice to the Borrowerdirect in writing. Funds received after 2:00 p.m. Eastern (New York City) time 10:00 a.m. on any day shall be deemed to have been received by the Lender on the next succeeding Business DayDay and any applicable interest or fee shall continue to accrue. All interest and fees shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such interest or fee is payable over a year comprised of 360 days. Payments due on other than a Business Day shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest and fees in connection with that payment.

Payments, Computations; Proceeds of Collateral, etc. (a) Unless otherwise expressly provided in a Loan Document, all payments by the Borrower pursuant to each Loan Document shall be made without setoff, deduction or counterclaim not later than 2:00 p.m. Eastern (New York City) time 10:00 a.m. on the date due in same day or immediately available funds funds, marked for attention as indicated, or in such other manner or to such other account as the Lender shall specify Administrative Agent may from time to time by notice to the Borrowerdirect in writing. Funds received after 2:00 p.m. Eastern (New York City) time 10:00 a.m. on any day shall be deemed to have been received by the Lender on the next succeeding Business DayDay and any applicable interest or fee shall continue to accrue. All interest and fees shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such interest or fee is payable over a year comprised of 360 days. Payments due on other than a Business Day shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest and fees in connection with that payment.

Payments, Computations; Proceeds of Collateral, etc. (a) Unless otherwise expressly provided in a Loan Document, all payments by the Borrower pursuant to each Loan Document shall be made without setoff, deduction or counterclaim not later than 2:00 p.m. Eastern (New York City) time on the date due in same day or immediately available funds funds, marked for attention as indicated, or in such other manner or to such other account in any United States bank as the Lender shall specify Administrative Agent may from time to time by notice to the Borrowerdirect in writing. Funds received after 2:00 p.m. Eastern (New York City) time on any day shall be deemed to have been received by the Lender on the next succeeding Business DayDay and any applicable interest or fee shall continue to accrue. All interest and fees shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such interest or fee is payable over a year comprised of 360 days. Payments due on other than a Business Day shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest and fees in connection with that payment.

Payments, Computations; Proceeds of Collateral, etc. (a) Unless otherwise expressly provided in a Loan Document, all payments by the Borrower pursuant to each Loan Document shall be made without setoff, deduction or counterclaim not later than 2:00 p.m. Eastern (New York City) time 1:00 p.m on the date due in same day or immediately available funds fiinds, marked for attention as indicated, or in such other manner or to such other account in any United States bank as the Lender shall specify Administrative Agent may from time to time by notice to the Borrowerdirect in writing. Funds received after 2:00 1:00 p.m. Eastern (New York City) time on any day shall be deemed to have been received by the Lender on the next succeeding Business DayDay and any applicable interest or fee shall continue to accrue. All interest and fees shall be computed on the basis of the actual number of days (including the first day but excluding the last day) occurring during the period for which such interest or fee is payable over a year comprised of 360 days. Payments due on other than a Business Day shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest and fees in connection with that payment.