Common use of Payments from Borrower Clause in Contracts

Payments from Borrower. All payments (including prepayments) of the principal of or interest on any Loan or other payment, including but not limited to principal, interest or fees, or any other amount owed by Borrower under this Agreement, shall be made to Agent and shall be made in Dollars. All payments described in this subsection (b) shall be remitted to Agent at the address of Agent for notices referred to in Section 10.4 hereof, for the account of the Lenders (or the Fronting Lender or the Swing Line Lender, as appropriate) not later than 1:00 P.M. (Eastern time) on the due date thereof in immediately available funds. Any such payments received by Agent after 1:00 P.M. (Eastern time) shall be deemed to have been made and received on the next Business Day.

Appears in 2 contracts

Samples: Credit Agreement (Cintas Corp), Credit Agreement (Cintas Corp)

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Payments from Borrower. All payments (including prepayments) to Agent of the principal of or interest on any each Loan or other payment, including but not limited to principal, interest or feesinterest, fees or any other amount owed by Borrower under this Agreement, shall be made to Agent and shall be made in Dollars. All payments described in this subsection (b) shall be remitted to Agent Agent, at the address of Agent for notices referred to in Section 10.4 hereof, 11.4 hereof for the account of the Revolving Lenders (or the Fronting Lender or the Swing Line Lender, as appropriate) not later than 1:00 P.M. (Eastern time) on the due date thereof in immediately available funds. Any such payments received by Agent after 1:00 P.M. (Eastern time) shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

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Payments from Borrower. All payments (including prepayments) to Agent of the principal of or interest on any Loan or other payment, including but not limited to principal, interest or feesinterest, fees or any other amount owed by Borrower under this Agreement, shall be made to Agent and shall be made in Dollars. All payments described in this subsection (b) shall be remitted to Agent Agent, at the address of Agent for notices referred to in Section 10.4 11.4 hereof, for the account of the Revolving Lenders (or the Fronting Lender or the Swing Line Lender, as appropriate) not later than 1:00 P.M. (Eastern time) on the due date thereof in immediately available funds. Any such payments received by Agent after 1:00 P.M. (Eastern time) shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Credit and Security Agreement (Epiq Systems Inc)

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