Payments on the Settlement Date Sample Clauses

Payments on the Settlement Date. If the Purchase Price for the Acquired Assets as reflected on the Settlement Date Statement is greater than the Purchase Price paid by Purchaser on the Closing Date, then Purchaser shall remit the difference to Seller, together with interest on such amount at the Federal Funds Rate divided by three hundred sixty (360) for each day during the period from the Closing Date to the Settlement Date. If the Purchase Price for the Acquired Assets as reflected on the Settlement Date Statement is less than the Purchase Price paid by Purchaser on the Closing Date, then Seller shall remit the difference to Purchaser together with interest on such amount at the Federal Funds Rate divided by three hundred sixty (360) for each day during the period from the Closing Date to the Settlement Date. Payments shall be remitted no later than 11 a.m. Pacific Time by a Fedwire transfer in immediately available U.S. dollars to an account designated by the party to which payment is due.
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Payments on the Settlement Date. If the Purchase Price for the Acquired Assets as reflected on the Settlement Date Statement is greater than the Purchase Price paid by Purchaser on the Closing Date, Purchaser shall remit the difference to Seller together with interest on such amount at the Federal Funds Rate divided by three hundred sixty (360) for each day during the period from the Closing Date to the Settlement Date. If the Purchase Price for the Acquired Assets as reflected on the Settlement Date Statement is less than the Purchase Price paid by Purchaser on the Closing Date, Seller shall remit the difference to Purchaser together with interest on such amount at the Federal Funds Rate divided by three hundred sixty (360) for each day during the period from the Closing Date to the Settlement Date. Payments on the Settlement Date shall be remitted no later than 11:00 a.m. Central Time by a wire transfer of immediately available U.S. dollars to an account designated in writing by the party to which payment is due. Wire instructions shall be forwarded to the paying party no later than two (2) Business Days prior to the Settlement Date.
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Payments on the Settlement Date. Purchaser shall pay to Seller, or Seller shall pay to Purchaser, as the case may be, the aggregate Settlement Date Adjustment Amount reflected on the Settlement Date Statement. Such payment shall be remitted no later than 3:00 p.m. Eastern Time on the Settlement Date by a Fedwire transfer in immediately available U.S. Dollars to an account designated by the party to which payment is due.
Sample 1
Payments on the Settlement Date. Purchaser shall pay to FNANB, or FNANB (on behalf of itself and the other Sellers) shall pay to Purchaser, as the case may be, the aggregate Settlement Date Adjustment Amount and Post Closing Payments reflected on the Settlement Date Statement. Such payment shall be remitted no later than 3:00 p.m. Eastern Daylight Time on the Settlement Date by a Federal wire transfer in immediately available U.S. Dollars to an account designated in writing by the Party to which payment is due. Wire instructions shall be forwarded to the paying Party no later than two Business Days prior to the Settlement Date.
Sample 1
Payments on the Settlement Date. On the Settlement Date, if the Adjusted Purchase Price is greater than the Purchase Price paid by Purchaser on the Closing Date, Purchaser shall remit the difference to Circuit City, together with interest on such amount at the Federal Funds Rate divided by 360 for each day during the period from and including the Closing Date to but excluding the Settlement Date. If the Adjusted Purchase Price is less than the Purchase Price paid by Purchaser on the Closing Date, FNANB (on behalf of itself and Tyler Funding) shall remit the difference to Purchaser together with interest on such amount at the Federal Funds Rate divided by 360 for each day during the period from and including the Closing Date to but excluding the Settlement Date. Payments on the Settlement Date shall be remitted no later than 10:00 a.m. Eastern Time by a wire transfer of immediately available dollars to an account designated in writing by the Party to which payment is due. Wire instructions shall be forwarded to the paying Party no later than two (2) Business Days prior to the Settlement Date.
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Related to Payments on the Settlement Date

  • Payments on the Notes Payments on the Notes that are to be made from amounts withdrawn from the Bank Accounts will be made on behalf of the Issuer by the Indenture Trustee or a Note Paying Agent. No amounts withdrawn for payments on the Notes may be paid over to the Issuer, except as stated in this Section 3.3.

  • Payments on Termination Payments to the Advisor pursuant to this Section 13.03 shall be subject to the 2%/25% Guidelines to the extent applicable. After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company within 30 days after the effective date of such termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this Agreement.

  • Payments on Non-Business Days Whenever any payment to be made by Borrower hereunder shall be stated to be due on a day which is not a Business Day, payments shall be made on the next succeeding Business Day and such extension of time shall be included in the computation of the payment of interest hereunder and of any fees due under this Agreement, as the case may be.

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement:

  • Payments on Business Days Except as provided pursuant to Section 2.01 pursuant to a Board Resolution, and set forth in an Officer’s Certificate, or established in one or more indentures supplemental to this Indenture, in any case where the date of maturity of interest or principal of any Security or the date of redemption of any Security shall not be a Business Day, then payment of interest or principal (and premium, if any) may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of maturity or redemption, and no interest shall accrue for the period after such nominal date.

  • Payments from Paying Agent Account The Escrow Agent hereby irrevocably instructs the Paying Agent, and the Paying Agent agrees to act, as follows:

  • Methods of Receiving Payments on the Notes If a Holder of Notes has given wire transfer instructions to the Company, the Company shall pay all principal, interest and premium and Liquidated Damages, if any, on that Holder's Notes in accordance with those instructions. All other payments on Notes shall be made at the office or agency of the Paying Agent and Registrar within the City and State of New York unless the Company elects to make interest payments by check mailed to the Holders at their addresses set forth in the register of Holders.

  • Payments on Notes 37 Section 14.1. Place of Payment................................................................................ 37 Section 14.2. Home Office Payment........................................................................ 37 SECTION 15.

  • Payments to Collection Account On or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors to make all payments in respect of the Collateral Portfolio directly to the Collection Account; provided that the Servicer is not required to so instruct any Obligor which is solely a guarantor or other surety (or an Obligor that is not designated as the “lead borrower” or another such similar term) unless and until the Servicer calls on the related guaranty or secondary obligation.

  • Disbursements from Escrow Funds to Pay NCPS NCPS is authorized to and may disburse from time to time, to itself or to any Indemnified Party from the Escrow Funds (but only to the extent of Issuer’s rights thereto), the amount of any compensation and reimbursement of out-of-pocket expenses due and payable hereunder (including any amount to which NCPS or any Indemnified Party is entitled to seek indemnification pursuant to Section 9 hereof). NCPS shall notify Issuer of any disbursement from the Escrow Funds to itself or to any Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish to Issuer copies of all related invoices and other statements. Such disbursements will not occur before the minimum contingency is met in compliance with SEC Rule 15c2-4.

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