Common use of Place and Manner of Payments Clause in Contracts

Place and Manner of Payments. All payments of principal, interest, fees, expenses and other amounts to be made by a Borrower under this Credit Agreement shall be made by such Borrower unconditionally and without deduction for any counterclaim, defense, recoupment or setoff and received not later than 2:00 p.m. on the date when due, in Dollars and in immediately available funds, to the Administrative Agent at its offices in New York City, New York. Payments received after such time shall be deemed to have been received on the next Business Day. The Borrowers shall, at the time they make any payment under this Credit Agreement, specify to the Administrative Agent, the Loans, fees or other amounts payable by the Borrowers hereunder to which such payment is to be applied (and in the event that they fail to specify, or if such application would be inconsistent with the terms hereof, the Administrative Agent shall, subject to Section 3.7, distribute such payment to the Lenders in such manner as the Administrative Agent may deem appropriate). The Administrative Agent will distribute any such payment to the Lenders on the day received if such payment is received prior to 2:00 p.m.; otherwise the Administrative Agent will distribute such payment to the Lenders on the next succeeding Business Day. Whenever any payment hereunder shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day (subject to accrual of interest and fees for the period of such extension), except that in the case of Eurodollar Loans, if the extension would cause the payment to be made in the next following calendar month, then such payment shall instead be made on the next preceding Business Day.

Place and Manner of Payments. All payments of principal, interest, fees, expenses and other amounts to be made by a the Borrower under this Credit Agreement shall be made by such Borrower unconditionally and without deduction for any counterclaim, defense, recoupment or setoff and setoff. All such payments shall be received not later than 2:00 p.m. on the date when due, due in Dollars and in immediately available funds, to funds by the Administrative Agent at its offices in New York Citythe Administrative Agent’s Office, New Yorkor any other designated location specified by the Administrative Agent. Payments The Administrative Agent will distribute such payments made to the Lenders on the date of receipt if such payment is received after prior to 2:00 p.m.; otherwise, the Administrative Agent will distribute such time shall payments to the Lenders, and such payment will be deemed credited to have been received the Borrower, on the next succeeding Business Day. The Borrowers Borrower shall, at the time they make it makes any payment under this Credit Agreement, specify to the Administrative Agent, Agent the LoansLoan, fees or other amounts payable by the Borrowers Borrower hereunder to which such payment is to be applied (and in the event that they fail it fails to specify, or if such application would be inconsistent with the terms hereof, the Administrative Agent shall, subject to Section 3.7, shall distribute such payment to the Lenders in such manner as the Administrative Agent may deem appropriateit reasonably determines in its sole discretion). The Administrative Agent will distribute any such payment to the Lenders on the day received if such payment is received prior to 2:00 p.m.; otherwise the Administrative Agent will distribute such payment to the Lenders on the next succeeding Business Day. Whenever any payment hereunder shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day (subject to accrual of interest and fees for the period of such extension), except that that, in the case of Eurodollar Loans, Loans (or interest payable with respect thereto) if the extension would cause the payment to be made in the next following calendar month, then such payment shall instead be made on the next preceding Business Day.

Place and Manner of Payments. All Except as otherwise ---------------------------- specifically provided herein, all payments of principal, interest, fees, expenses and other amounts to be made by a Borrower under this Credit Agreement hereunder shall be made by to the Administrative Agent in Dollars in immediately available funds, without offset, deduction, counterclaim or withholding of any kind (except that amounts due a Related Party Lender shall be deducted from such Borrower unconditionally and without deduction for any counterclaimpayments), defense, recoupment or setoff and received to the Account not later than 2:00 p.m. P.M. (New York City time) on the date when due, in Dollars and in immediately available funds, to the Administrative Agent at its offices in New York City, New York. Payments received after such time shall be deemed to have been received on the next succeeding Business Day. The Borrowers Lessee shall, at the time they make it makes any payment under this Credit Agreementany Operative Document, specify to the Administrative Agent, the Loans, fees or other amounts payable by the Borrowers hereunder to which Agent how such payment is to be applied (to the Loan Balance and Lessor Balance, and in the event that they fail the Lessee fails to so specify, or if such application would be inconsistent with the terms hereof, the Administrative Agent shall, subject to Section 3.7, shall distribute such payment to the Lenders Participants in such manner as the Administrative Agent may deem appropriate)determine to be appropriate in respect of obligations owing by the Lessee, unless an Event of Default shall have occurred and be continuing in which event the provisions of Section 7.7 shall apply. The Administrative Agent will ----------- distribute any such payment payments to the Lenders on the day received Participants in accordance with Article VII, if ----------- any such payment is received prior to 2:00 p.m.; P.M. (New York City time) on a Business Day in like funds as received prior to the end of such Business Day and otherwise the Administrative Agent will distribute such payment to the Lenders Participants on the next succeeding Business Day. Whenever any payment hereunder shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day (subject to accrual of interest (at the applicable Base Rate or Adjusted Eurodollar Rate) and fees for the period of such extension), except that in the case of Eurodollar Loans, if the extension would cause the payment to be made in the next following calendar month, then such payment shall instead be made on the next preceding Business Day.

Place and Manner of Payments. All payments of principal, interest, fees, expenses and other amounts to be made by a Borrower Credit Party under this Credit Agreement shall be made by such Borrower unconditionally and without deduction for any setoff, deduction, counterclaim, defense, recoupment or setoff withholding of any kind and received not later than 2:00 p.m. on the date when due, in Dollars and in immediately available funds, to by the Administrative Agent at its offices in New York City, New Yorkthe Agency Services Address. Payments received after such time shall be deemed to have been received on the next Business Day. The Borrowers Borrower shall, at the time they make it makes any payment under this Credit Agreement, specify to the Administrative Agent, Agent the Loans, fees or other amounts payable by the Borrowers Borrower hereunder to which such payment is to be applied (and in the event that they fail it fails to specify, or if such application would be inconsistent with the terms hereof, the Administrative Agent shall, subject to Section 3.7, distribute such payment to the Lenders in such manner as the Administrative Agent may reasonably deem appropriate). The Administrative Agent will distribute any such payment payments to the Lenders on the day received same Business Day if any such payment is received prior to at or before 2:00 p.m.; otherwise the Administrative Agent will distribute such payment to the Lenders on the next succeeding Business Day. Whenever any payment hereunder shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day (subject to accrual of interest and fees for the period of such extension), except that that, in the case of Eurodollar LoansLoans (or interest payable with respect thereto), if the extension would cause the payment to be made in the next following calendar month, then such payment shall instead be made on the next preceding Business Day.

Place and Manner of Payments. All payments of principal, interest, fees, expenses and other amounts to be made by a the Borrower under this Credit Term Loan Agreement shall be made by such Borrower unconditionally and without deduction for any counterclaim, defense, recoupment or setoff and setoff. All such payments shall be received not later than 2:00 p.m. on the date when due, due in Dollars and in immediately available funds, to funds by the Administrative Agent at its offices in New York Citythe Administrative Agent’s Office, New Yorkor any other designated location specified by the Administrative Agent. Payments The Administrative Agent will distribute such payments made to the Lenders on the date of receipt if such payment is received after prior to 2:00 p.m.; otherwise, the Administrative Agent will distribute such time shall payments to the Lenders, and such payment will be deemed credited to have been received the Borrower, on the next succeeding Business Day. The Borrowers Borrower shall, at the time they make it makes any payment under this Credit Term Loan Agreement, specify to the Administrative Agent, Agent the Loans, fees or other amounts payable by the Borrowers Borrower hereunder to which such payment is to be applied (and in the event that they fail it fails to specify, or if such application would be inconsistent with the terms hereof, the Administrative Agent shall, subject to Section 3.7, shall distribute such payment to the Lenders in such manner as the Administrative Agent may deem appropriateit reasonably determines in its sole discretion). The Administrative Agent will distribute any such payment to the Lenders on the day received if such payment is received prior to 2:00 p.m.; otherwise the Administrative Agent will distribute such payment to the Lenders on the next succeeding Business Day. Whenever any payment hereunder shall be stated to be due on a day which is not a Business Day, the due date thereof shall be extended to the next succeeding Business Day (subject to accrual of interest and fees for the period of such extension), except that that, in the case of Eurodollar LoansLoans (or interest payable with respect thereto), if the extension would cause the payment to be made in the next following calendar month, then such payment shall instead be made on the next preceding Business Day.