Common use of Payments in Immediately Available Funds Clause in Contracts

Payments in Immediately Available Funds. All payments required of the Borrowers hereunder or under the Credit Notes shall be made in lawful money of the United States of America in federal or other funds immediately available to the recipient thereof at the prescribed place of payment.

Appears in 2 contracts

Samples: Credit and Security Agreement (Allou Health & Beauty Care Inc), Credit and Security Agreement (Allou Health & Beauty Care Inc)

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Payments in Immediately Available Funds. All payments required of the Borrowers hereunder or under the Credit Notes shall be made in lawful money of the United States of America in federal or other funds immediately available to the recipient thereof at the prescribed place of payment.

Appears in 1 contract

Samples: Revolving Credit Agreement (Courier Corp)

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Payments in Immediately Available Funds. All payments required of the Borrowers hereunder or under the Revolving Credit Notes shall be made in lawful money of the United States of America in federal or other funds immediately available to the recipient thereof at the prescribed place of payment.

Appears in 1 contract

Samples: Revolving Credit Agreement (Unifirst Corp)

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