Common use of Place and Manner Clause in Contracts

Place and Manner. Borrower shall make all payments due to each Lender hereunder to Administrative Agent, for the account of such Lender, to Citibank, N.A., ABA 000000000, Account Number: 00000000, in lawful money of the United States and in immediately available funds not later than 12:00 noon, on the date on which such payment is due. Any payment received after such time on any day shall be deemed received on the Banking Day after such payment is received. Administrative Agent shall disburse to each Lender each such payment received by Administrative Agent for such Lender, such disbursement to occur on the day such payment is received if received by 12:00 noon, otherwise on the next Banking Day.

Place and Manner. Borrower Each Obligor shall make all payments due to each Lender hereunder to Administrative Agent, for the account of such Lender, to Citibank, N.A., ABA 000000000, Account Number: 00000000an account specified by Administrative Agent for such purpose, in lawful money of the United States and in immediately available funds not later than 12:00 noon, noon on the date on which such payment is due, without set-off or counterclaim. Any payment received after such time on any day shall be deemed received on the Banking Day after such payment is received. Administrative Agent shall disburse to each Lender each such payment received by Administrative Agent for such Lender, such disbursement to occur on the day such payment is received if received by 12:00 noon, otherwise on the next Banking Day.