Common use of Payments on the Debentures Clause in Contracts

Payments on the Debentures. All payments of principal of and accrued Interest on the Debentures shall be made by the Company in lawful money of the United States of America in immediately available funds not later than 12:00 p.m., Boston time, on the date 3 8 such payment is due, or, if such date is not a Business Day, then on the next succeeding Business Day, at the address of the Lenders stated in Schedule I hereto or, at such other addresses of which the Company shall have received written notice or, at the Company's or any Lender's election, by crediting such Lender's account at a bank designated by such Lender in writing to the Company.

Appears in 1 contract

Samples: Investment and Loan Agreement (Acme Communications Inc)

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Payments on the Debentures. All payments of principal of and accrued Interest interest on the Subordinated Debentures shall be made by the Company in lawful money of the United States of America in immediately available funds not later than 12:00 p.m., Boston time, on the date 3 8 such payment is due, or, if such date is not a Business Daybusiness day, then on the next succeeding Business Daybusiness day, at the address of the Lenders stated in Schedule I Debentureholder set forth on the signature pages hereto or, at such other addresses of which the Company shall have received written notice or, at the Company's or any LenderDebentureholder's election, by crediting such Lenderthe Debentureholder's account at a bank designated by such Lender the Debentureholder in writing to the Company.

Appears in 1 contract

Samples: Securityholders' Agreement (Harvard Bioscience Inc)

Payments on the Debentures. All payments of principal of and accrued Interest interest on the Debentures shall be made by the Company in lawful money of the United States of America in immediately available funds not later than 12:00 p.m., Boston time, on the date 3 8 such payment is due, or, if such date is not a Business Day, then on the next succeeding Business Day, at the address of the Lenders stated in Schedule I EXHIBIT A hereto or, if not so stated, at such other addresses of which the Company shall have received written notice or, at the Company's or any the Lender's election, by crediting such the Lender's account at a bank designated by such the Lender in writing to the Company.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Smith Gardner & Associates Inc)

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Payments on the Debentures. All payments of principal of and accrued Interest interest on the Debentures shall be made by the Company in lawful money of the United States of America in immediately available funds not later than 12:00 p.m., Boston time, on the date 3 8 such payment is due, or, if such date is not a Business Day, then on the next succeeding Business Day, at the address of the Lenders stated in Schedule I Exhibit A hereto or, if not so stated, at such other addresses of which the Company shall have received written notice or, at the Company's or any the Lender's election, by crediting such the Lender's account at a bank designated by such the Lender in writing to the Company.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Datamarine International Inc)

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