Common use of Place and Manner of Payments Clause in Contracts

Place and Manner of Payments. All payments to be made by ---------------------------- the Guarantor under this Guaranty to a Beneficiary shall be paid to such Beneficiary at the address provided for in Schedule 1 of the Participation Agreement or, if no address, at the address and to the account specified in the notice demanding payment by the Guarantor; provided, however, that the Guarantor consents to the assignment by the Owner -------- ------- Trust to the Indenture Trustee of the Owner Trust's right, title and interest in, to and under this Guaranty to the extent set forth in the Indenture, and agrees to make all payments (other than Excepted Payments) hereunder directly to the Indenture Trustee until such time as the Indenture Trustee shall give notice to the Guarantor that the Lien of the Indenture has been fully discharged, and thereafter to the Owner Trust. The Guarantor agrees that it will make all payments due hereunder by wire transfer at or before 12 Noon, New York time, on the date due in immediately available funds to the party to which such payment is to be made.

Place and Manner of Payments. All payments to be made by the ---------------------------- the Guarantor under this Guaranty to a Beneficiary shall be paid to such Beneficiary at the address provided for in Schedule 1 of the Participation Agreement or, if no address, at the address and to the account specified in the notice demanding payment by the Guarantor; provided, however, that the Guarantor consents to the assignment by the Owner -------- ------- Trust to the Indenture Trustee of the Owner Trust's right, title and interest in, to and under this Guaranty to the extent set forth in the Indenture, and agrees to make all payments (other than Excepted Payments) hereunder directly to the Indenture Trustee until such time as the Indenture Trustee shall give notice to the Guarantor that the Lien of the Indenture has been fully discharged, and thereafter to the Owner Trust. The Guarantor agrees that it will make all payments due hereunder by wire transfer at or before 12 Noon, New York time, on the date due in immediately available funds to the party to which such payment is to be made.

Place and Manner of Payments. All payments to be made by ---------------------------- the Guarantor under this Guaranty to a Beneficiary shall be paid to such Beneficiary at the address provided for in Schedule 1 2 of the Participation Agreement or, if no address, at the address and to the account specified in the notice demanding payment by the Guarantor; provided, however, that the Guarantor consents to the assignment by the Owner -------- ------- Trust to the Indenture Trustee of the Owner Trust's right, title and interest in, to and under this Guaranty to the extent set forth in the Indenture, and agrees to make all payments (other than Excepted Payments) hereunder directly to the Indenture Trustee until such time as the Indenture Trustee shall give notice to the Guarantor that the Lien of the Indenture has been fully discharged, and thereafter to the Owner Trust. The Guarantor agrees that it will make all payments due hereunder by wire transfer at or before 12 Noon, New York time, on the date due in immediately available funds to the party to which such payment is to be made.

Place and Manner of Payments. All payments to be made ---------------------------- by ---------------------------- the Guarantor under this Guaranty to a Beneficiary shall be paid to such Beneficiary at the address provided for in Schedule 1 of the Participation Agreement or, if no address, at the address and to the account specified in the notice demanding payment by the Guarantor; provided, however, that the Guarantor -------- ------- consents to the assignment by the Owner -------- ------- Trust Trustee to the Indenture Trustee of the Owner TrustTrustee's right, title and interest in, to and under this Guaranty to the extent set forth in the IndentureIndenture and, and agrees notwithstanding anything herein to the contrary, the Guarantor shall make all payments (other than Excepted Payments) hereunder directly to the Indenture Trustee until such time as the Indenture Trustee shall give notice to the Guarantor that the Lien of the Indenture has and the Lien of the Ship Mortgage have been fully discharged, and thereafter to the Owner TrustTrustee. The Guarantor agrees that it will make all payments due hereunder by wire transfer at or before 12 Noon12:00 noon, New York time, on the date due in immediately available funds to the party to which such payment is to be made.

Place and Manner of Payments. All payments to be made by the ---------------------------- the Guarantor under this Guaranty to a Beneficiary shall be paid to such Beneficiary at the address provided for in Schedule 1 of the Participation Agreement or, if no address, at the address and to the account specified in the notice demanding payment by the Guarantor; provided, however, that the Guarantor -------- ------- consents to the assignment by the Owner -------- ------- Trust Trustee to the Indenture Trustee of the Owner TrustTrustee's right, title and interest in, to and under this Guaranty to the extent set forth in the IndentureIndenture and, and agrees notwithstanding anything herein to the contrary, the Guarantor shall make all payments (other than Excepted Payments) hereunder directly to the Indenture Trustee until such time as the Indenture Trustee shall give notice to the Guarantor that the Lien of the Indenture has been fully discharged, and thereafter to the Owner TrustTrustee. The Guarantor agrees that it will make all payments due hereunder by wire transfer at or before 12 Noon[____], New York time, on the date due in immediately available funds to the party to which such payment is to be made.

Place and Manner of Payments. All payments to be made ---------------------------- by ---------------------------- the Guarantor under this Guaranty to a Beneficiary shall be paid to such Beneficiary at the address provided for in Schedule 1 of the Participation Agreement or, if no address, at the address and to the account specified in the notice demanding payment by the Guarantor; provided, however, that the Guarantor -------- ------- consents to the assignment by the Owner -------- ------- Trust Trustee to the Indenture Trustee of the Owner TrustTrustee's right, title and interest in, to and under this Guaranty to the extent set forth in the IndentureIndenture and, and agrees notwithstanding anything herein to the contrary, the Guarantor shall make all payments (other than Excepted Payments) hereunder directly to the Indenture Trustee until such time as the Indenture Trustee shall give notice to the Guarantor that the Lien of the Indenture has been fully discharged, and thereafter to the Owner TrustTrustee. The Guarantor agrees that it will make all payments due hereunder by wire transfer at or before 12 Noon12:00 noon, New York time, on the date due in immediately available funds to the party to which such payment is to be made.