Common use of Payments, Interest Rate Computations, Other Computations, etc Clause in Contracts

Payments, Interest Rate Computations, Other Computations, etc. All payments by the Borrower pursuant to this Agreement, the Notes or any other Loan Document, in respect of principal or interest on the Facility Loans shall be made by the Borrower to the Agent for the account of the Lenders, pro rata according to their respective Facility Percentages. The payment of the fees referred to in Section 2.3 shall be made by the Borrower to the Agent for the account of the Lenders pro rata according to their respective Facility Percentages. All other amounts payable to the Agent or any Lender under this Agreement or any other Loan Document (except under Section 2.4) shall be paid to the Agent for the account of the Person entitled thereto. All such payments required to be made to the Agent shall be made, without setoff, deduction or counterclaim, not later than 1:00 p.m., New York City time, on the date due, in immediately available funds, to an account of the Agent specified from time to time in writing to the Borrower. Funds received after that time shall be deemed to have been received by the Agent on the next following Business Day. The Agent shall promptly remit in the type of funds received to each Lender notified to the Agent its share, if any, of such payments received by the Agent for the account of such Lender. 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. Whenever any payment to be made shall otherwise be due on a day which is not a Business Day, such payment shall be made on the immediately preceding Business Day.

Payments, Interest Rate Computations, Other Computations, etc. All payments by the Borrower pursuant to this Agreement, the Notes or any other Loan Document, in respect of principal or interest on the Facility Loans Notes shall be made by the Borrower to the Agent for the account of the Lenders, pro rata according to their respective Facility Percentagesunpaid principal amounts of the Notes. The payment of the fees commitment fee referred to in Section 2.3 shall be made by the Borrower to the Agent for the account of the Lenders pro rata according to their respective Facility Percentages. All other amounts payable to the Agent or any Lender under this Agreement or any other Loan Document (except under Section 2.4) shall be paid to the Agent for the account of the Person entitled thereto. All such payments required to be made to the Agent shall be made, without setoff, deduction or counterclaim, not later than 1:00 2:00 p.m., New York City time, on the date due, in immediately available funds, to an account of the Agent specified from time to time in writing to the Borrower. Funds received after that time shall be deemed to have been received by the Agent on the next following Business Day. The Agent shall promptly remit to each Lender in the type of funds received to each Lender notified to by the Agent its Agent, such Lender's share, if any, of such payments received by the Agent for the account of such LenderLender or holder, in each case on the Business Day such payments are received by the Agent. 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. Whenever any payment to be made shall otherwise be due on a day which is not a Business Day, such payment shall be made on the immediately preceding Business Day.

Payments, Interest Rate Computations, Other Computations, etc. All payments by the Borrower pursuant to this Agreement, the Notes or any other Loan Document, in respect of principal or interest on the Facility Loans Notes shall be made by the Borrower to the Agent for the account of the Lenders, pro rata according to their respective Facility Percentagesunpaid principal amounts of the Notes. The payment of the fees commitment fee referred to in Section 2.3 shall be made by the Borrower to the Agent for the account of the Lenders pro rata according to their respective Facility Revolving Percentages. All other amounts payable to the Agent or any Lender under this Agreement or any other Loan Document (except under Section 2.4) shall be paid to the Agent for the account of the Person entitled thereto. All such payments required to be made to the Agent shall be made, without setoff, deduction or counterclaim, not later than 1:00 2:00 p.m., New York City time, on the date due, in immediately available funds, to an account of the Agent specified from time to time in writing to the BorrowerCollection Account. Funds received after that time shall be deemed to have been received by the Agent on the next following Business Day. The Agent shall promptly remit in the type of funds received to each Lender notified to the Agent its share, if any, of such payments received by the Agent for the account of such LenderLender or holder. 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. Whenever any payment to be made shall otherwise be due on a day which is not a Business Day, such payment shall be made on the immediately preceding Business Day. For purposes of determining the Revolving A Loan Availability and the Revolving B Loan Availability (a) all payments (including cash sweeps) consisting of cash, wire, or electronic transfers in immediately available funds shall be deemed received by the Agent on the day of deposit in the Collection Account and notice to the Agent of such deposit, and (b) all payments consisting of checks, drafts, or similar noncash items shall be deemed received on the day of receipt of good funds following deposit in the Collection Account (together with notice to the Agent of such deposit). For the purposes of computing interest and fees hereunder, all payments received in the form of cash sweeps from the Concentration Accounts will be credited on the Business Day following the day on which such payments are deemed received for purposes of the preceding sentence.

Payments, Interest Rate Computations, Other Computations, etc. All payments by the Borrower pursuant to this Agreement, the Notes or any other Loan Document, in respect of principal or interest on the Facility Loans Notes shall be made by the Borrower to the Agent for the account of the Lenders, pro rata PRO RATA according to their respective Facility Percentagesunpaid principal amounts of the Notes. The payment of the fees commitment fee referred to in Section SECTION 2.3 shall be made by the Borrower to the Agent for the account of the Lenders pro rata PRO RATA according to their respective Facility Percentages. All other amounts payable to the Agent or any Lender under this Agreement or any other Loan Document (except under Section SECTION 2.4) shall be paid to the Agent for the account of the Person entitled thereto. All such payments required to be made to the Agent shall be made, without setoff, deduction or counterclaim, not later than 1:00 2:00 p.m., New York City time, on the date due, in immediately available funds, to an account of the Agent specified from time to time in writing to the Borrower. Funds received after that time shall be deemed to have been received by the Agent on the next following Business Day. The Agent shall promptly remit to each Lender in the type of funds received to each Lender notified to by the Agent its Agent, such Lender's share, if any, of such payments received by the Agent for the account of such LenderLender or holder, in each case on the Business Day such payments are received by the Agent. 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. Whenever any payment to be made shall otherwise be due on a day which is not a Business Day, such payment shall be made on the immediately preceding Business Day.