Place and Mode of Payment by the Borrower Sample Clauses

Place and Mode of Payment by the Borrower. All moneys due and payable by the Borrower to IHFL under or in terms of this Agreement shall be paid at the registered office or the concerned regional /branch office of IHFL by cheque or bank draft, drawn in favor of IHFL on a bank in the town or city where such registered office/branch/regional office is situated or in any other manner as may be approved by IHFL and shall be so paid as to enable IHFL to realize the amount sought to be paid on or before the Due Date to which the payment relates. Credit for all payments by cheque/bank draft drawn will be given only on realization thereof by IHFL. The Borrower may choose to pay the regular EMI vide standing instruction to his banker or by selecting electronic clearing system, for payment on Due Date(s).
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Place and Mode of Payment by the Borrower. All monies due and payable by the Borrower to the Bank under or in terms of this Agreement shall be paid at the registered office or the concerned regional/ branch office of the Bank by cheque or bank draft/RTGS/NEFT/SI/ACH/NACH/ECS, drawn in favour of the Bank on a bank in the town or city where such registered office/branch/regional office is situated or in any other manner as may be approved by the Bank and shall be so paid as to enable the Bank to realise the amount sought to be paid on or before the Due Date to which the payment relates. Credit for all payments by cheque/bank draft drawn SI/ACH/NACH will be given only on realisation thereof by the Bank.
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Place and Mode of Payment by the Borrower. All the monies payable by the Borrower to the Lender shall be made directly to the Lender to any of its branches /offices as may be specified by them by Real Time Gross Settlement or such other electronic mode acceptable to the Lender to the account of such office (s). Credit for payment will be given on realization of the amount by the Lender or the relative due date, whichever is later.
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Place and Mode of Payment by the Borrower. All monies due and payable by the Borrower toAUSFB under or in terms of thisAgreement shall be paid at the registered office or the concerned regional/ branch office ofAUSFB by cheque or bank draft/RTGS/NEFT/ SI/ACH/NACH, drawn in favour ofAUSFB on a bank in the town or city where such registered office/branch/regional office is situated or in any other manner as may be approved by AUSFB and shall be so paid as to enable AUSFB to realise the amount sought to be paid on or before the Due Date to which the payment relates. Credit for all payments by cheque/ bank draft drawn/ACH/NACH will be given only on realisation thereof by AUSFB.
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Place and Mode of Payment by the Borrower. All monies due and payable by the Borrower to BANDHAN BANK under the terms of this Agreement shall be paid at the registered office or the concerned regional/branch office of BANDHAN BANK by cheque, or bank draft, drawn in favour of BANDHAN BANK on a scheduled bank in the town or city where such registered office/branch/regional office is situated or in any other manner as may be approved by BANDHAN BANK and shall be so paid as to enable ‘BANDHAN BANK to realise the amount sought to be paid on or before the due date to which the payment relates. Credit for all payments by cheque/bank draft drawn will be given only on realisation thereof by BANDHAN BANK.
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Place and Mode of Payment by the Borrower. All monies payable by the Borrower to IREDA shall be paid to them at New Delhi by cheque or by bank draft drawn in favour of IREDA on a scheduled bank at New Delhi and shall be so paid as to enable the IREDA to realise, at par, the amount on or before the relative due date. Credit for all payments by local cheque/bank draft will be given on the Lenders' immediately next working day after the date of receipt of the instrument or the relative due date whichever is later. Credit for all payments made by outstanding cheques/Bank Draft will be given only on realisation or on the relative due date whichever is later.
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Place and Mode of Payment by the Borrower. All cheques or demand drafts towards payment under this Agreement shall be drawn in favour of IHFL on a bank in the town or city where the Office of IHFL is situated and in case the Borrower is a NRI, all cheques or demand draft shall be drawn out of the Borrower's NRE/FCNR/NRO account.
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Place and Mode of Payment by the Borrower a) The Borrower understands & undertakes that the Loan and all dues shall be amortized by any of the following modes:
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Related to Place and Mode of Payment by the Borrower

  • Payments by the Borrower The Borrower shall make each payment required to be made by it hereunder (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under Section 5.01, Section 5.02, Section 5.03 or otherwise) prior to 12:00 noon, New York City time, on the date when due, in immediately available funds, without defense, deduction, recoupment, set-off or counterclaim. Fees, once paid, shall be fully earned and shall not be refundable under any circumstances. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent at its offices specified in Section 12.01, except payments to be made directly to the Issuing Bank as expressly provided herein and except that payments pursuant to Section 5.01, Section 5.02, Section 5.03 and Section 12.03 shall be made directly to the Persons entitled thereto. The Administrative Agent shall distribute any such payments received by it for the account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments hereunder shall be made in dollars.

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