Common use of Payments; Currency Indemnity Clause in Contracts

Payments; Currency Indemnity. (a) Except to the extent otherwise stated in this Agreement, each payment to be made hereunder by any party hereto shall be made on the required payment date in the applicable currency and in immediately available funds at the office of the payee set forth in Section 5.8 or to such other office or account as may be specified by the payee thereof in a notice to the payor thereof.

Appears in 2 contracts

Samples: Servicing Agreement, Servicing Agreement (National Commercial Bank Jamaica LTD)

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Payments; Currency Indemnity. (a) Except to the extent otherwise stated in this AgreementServicing Agreement (including, without limitation, Section 3.1(a) hereof), each payment to be made hereunder by any party hereto shall be made on the required payment date in the applicable currency and in immediately available funds at the office of the payee set forth in Section 5.8 hereof or to such other office or account as may be specified by the payee thereof in a notice to the payor thereof.

Appears in 1 contract

Samples: Servicing Agreement

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Payments; Currency Indemnity. (a) Except to the extent otherwise stated in this Agreementstated, each payment to be made hereunder by hereunder, under any party hereto Indenture Supplement or on any Note shall be made on the required payment date in the applicable currency and in immediately available funds at the office of the payee set forth in Section 5.8 12.9 or to such other office or account as may be specified by the payee thereof any party in a notice to the payor thereofapplicable sender of such payment.

Appears in 1 contract

Samples: Indenture (National Commercial Bank Jamaica LTD)

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