Payments Received from Buyer Sample Clauses

Payments Received from Buyer. The Supplier shall advise IBM GF immediately of any monies received by the Supplier by way of payment or partial-payment of a Purchased Receivable. The Supplier shall (a) transfer to IBM GF without delay such monies and (b) hold such sums in trust for IBM GF until so transferred to IBM GF.
Sample 1Sample 2
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Payments Received from Buyer. The Supplier shall advise IBM UK immediately of any monies received by the Supplier by way of payment or partial-payment of a Purchased Receivable. The Supplier shall (a) transfer to IBM UK without delay such monies and (b) hold such sums in trust for IBM UK until so transferred to IBM UK.
Sample 1

Related to Payments Received from Buyer

  • Payments Received The Seller shall apply all payments received in respect of the Mortgage Loans during the Interim Servicing Period and after the Transfer Date in accordance with the Servicing Transfer Instructions.

  • Payments Due on Non-Business Days Anything in this Agreement or the Notes to the contrary notwithstanding (but without limiting the requirement in Section 8.4 that the notice of any optional prepayment specify a Business Day as the date fixed for such prepayment), any payment of principal of or Make-Whole Amount or interest on any Note that is due on a date other than a Business Day shall be made on the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day; provided that if the maturity date of any Note is a date other than a Business Day, the payment otherwise due on such maturity date shall be made on the next succeeding Business Day and shall include the additional days elapsed in the computation of interest payable on such next succeeding Business Day.

  • Payments Due on Non-Business Day If the date fixed for any payment on any Trust Security shall be a day that is not a Business Day, then such payment need not be made on such date but may be made on the next succeeding day that is a Business Day (except as otherwise provided in Sections 4.1(a) and 4.2(d)), with the same force and effect as though made on the date fixed for such payment, and no interest shall accrue thereon for the period after such date.

  • Prepayments Payments Taxes 48 Section 5.1

  • Non-Business Day Payments Whenever any payment shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or fees, as the case may be; provided, however, that if such extension would cause payment of interest on or principal of Eurodollar Rate Advances to be made in the next following calendar month, such payment shall be made on the next preceding Business Day.

  • Collections Payment Processing Remittance (a) Collection Efforts, Policies, Procedures.

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