Place and Time of Payments. (a) All payments by the Borrower to the Lender under this Agreement and the other Credit Documents shall be made in lawful currency of the United States and in immediately available funds to the Lender at its Principal Office in Birmingham, Alabama at the hand delivery address set forth in Section 8.1 or at such other address within the continental United States as shall be specified by the Lender by notice to the Borrower. Any payment received by the Lender after 2:00 p.m. (Birmingham, Alabama time) on a Business Day (or at any time on a day that is not a Business Day) shall be deemed made by the Borrower and received by the Lender on the following Business Day.
(b) All amounts payable by the Borrower to the Lender under this Agreement or any of the other Credit Documents for which a payment date is expressly set forth herein or therein shall be payable on the specified due date without notice or demand by the Lender. All amounts payable by the Borrower to the Lender under this Agreement or the other Credit Documents for which no payment date is expressly set forth herein or therein shall be payable ten days after written demand by the Lender to the Borrower. The Lender may, at its option, send written notice or demand to the Borrower of amounts payable on a specified due date pursuant to this Agreement or the other Credit Documents, but the failure to send such notice shall not affect or excuse the Borrower's obligation to make payment of the amounts due on the specified due date.
(c) Payments that are due on a day that is not a Business Day shall be payable on the next succeeding Business Day, and any interest payable thereon shall be payable for such extended time at the specified rate.
(d) Except as otherwise required by law, payments received by the Lender shall be applied first to expenses, fees and charges, then to interest and finally to principal.
Place and Time of Payments. (a) All payments by Borrower to Bank hereunder shall be made in lawful currency of the United States of America and in immediately available funds to Bank at its address set forth herein or at such other address within the continental United States as shall be specified by Bank by notice to Borrower; provided, nothing herein shall be construed to require payment of any amount in advance of its due date.
(b) All amounts payable by Borrower to Bank hereunder for which a payment date is expressly set forth herein (including payments due pursuant to Sections 2A.4 and 2A.5) shall be payable without notice or written demand by Bank. All amounts payable by Borrower to Bank hereunder for which no payment date is expressly set forth herein shall be payable on written demand by Bank to Borrower.
(c) Bank may, at its option, send written notice to Borrower of amounts payable pursuant to sections 2A.4 and 2A.5, but the failure to send such notice will not affect or excuse Bank's obligation to pay the amounts required by such sections on the due date specified in such sections.
(d) Payments which are due on a day which is not a business day shall be payable on the next succeeding Business Day, and any interest payable thereon shall be payable for such extended time at the specified rate.
Place and Time of Payments. To the extent payments are not made by auto-debit from the Interest Reserve Account as provided above, Borrowers shall make each payment of interest and principal due and payable hereunder and under the Note not later than 4:00 p.m. (Eastern Time) on the date when due, without set off, counterclaim or other deduction, in immediately available funds to Lender at 000 X.X. 0xx Xxxxxx, 00xx Xxxxx, Xxxxx, Xxxxxxx 00000. Whenever any payment of principal of or interest on the Loan or of fees shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon shall be payable for such extended time.
Place and Time of Payments. All payments to be made by the Borrower to the Lender hereunder, including the payments of interest shall be made to the Lender at the address set out on page 1 of this Agreement or at such other address as may be designated by the Lender from time to time.
Place and Time of Payments. All payments of principal, interest and other amounts due under this Note shall be made to the Lender, in lawful money of the United States of America, at Xxxxxx’s address set forth above, or at such other place as the Lender may from time to time designate in writing.
Place and Time of Payments. (1) All payments by the Borrower to the Holder under this Note shall be made in lawful currency of the United States and in immediately available funds to the Lender at its Main Office in Birmingham, Alabama or at such other address within the continental United States as shall be specified by the Holder by notice to the Borrower. Any payment received by the Holder after 2:00 p.m. (Birmingham, Alabama time) on a Business Day (or at any time on a day that is not a Business Day) shall be deemed made by the Borrower and received by the Holder on the following Business Day.
(2) The amount payable by the Borrower to the Holder under this Note or any of the other Credit Documents for which a payment date is expressly set forth herein or therein shall be payable on the specified due date without notice or demand by the Holder.
(3) Payments that are due on a day that is not a Business Day shall be payable on the next succeeding Business Day, and any interest payable thereon shall be payable for such extended time at the specified rate.
Place and Time of Payments. (a) All payments by the Company to the Bank hereunder shall be made in lawful currency of the United States and in immediately available funds to the Bank at its address set forth in Section 6.05 hereof or at such other address within the continental United States as shall be specified by the Bank by notice to the Company.
(b) All amounts payable by the Company to the Bank hereunder for which a payment date is expressly set forth herein (including without limitation payments due pursuant to Sections 2.02 and 2.04) shall be payable without notice or written demand by the Bank. All amounts payable by the Company to the Bank hereunder for which no payment date is expressly set forth herein shall be payable on written demand by the Bank to the Company within 15 days of receipt thereof.
(c) The Bank may, at its option, send written notice to the Company of amounts payable pursuant to Sections 2.02 and 2.04, but the failure to send such notice shall not affect or excuse the Company’s obligation to make payment of the amounts required by such Sections on the due date specified in such Sections.
(d) Payments which are due on a day which is not a Business Day shall be payable on the next succeeding Business Day, and any interest payable thereon shall be payable for such extended time at the specified rate.
Place and Time of Payments. (a) All payments by the Borrower to the Holder under this Note shall be made in lawful currency of the United States and in immediately available funds to the Lender at its Main Office in Birmingham, Alabama or at such other address within the continental United States as shall be specified by the Holder by notice to the Borrower. Any payment received by the Holder after 2:00 p.m. (Birmingham, Alabama time) on a Business Day (or at any time on a day that is not a Business Day) shall be deemed made by the Borrower and received by the Holder on the following Business Day.
(b) The amount payable by the Borrower to the Holder under this Note or any of the other Credit Documents for which a payment date is expressly set forth herein or therein shall be payable on the specified due date without notice or demand by the Holder.
(c) Payments that are due on a day that is not a Business Day shall be payable on the next succeeding Business Day, and any interest payable thereon shall be payable for such extended time at the specified rate.
Place and Time of Payments. Payments to be made by Borrower to Interbank based on this Agreement shall be made with readily available funds on the Due Date no later than 11:00 (eleven) a.m. Lima, Peru time into the account # held by Borrower with Interbank. Irrespective of paying Default Interest in accordance with the provision set out in Clause 2.6 above (Default Interest), if the Borrower pays Principal at a time different form the Due Date originally scheduled in the Agreement, Borrower shall pay Interbank any amount requested to offset any additional loss, costs, and expenses reasonably incurred as a result of such payment, prior request from Interbank (which shall include evidence for such additional loss, costs, and expense), unless such payment corresponds to an accelerated repayment in accordance with Clause 2.8 below (Accelerated Repayment). This rule shall not apply if Borrower pays on a date different from the Due Date originally scheduled in the Agreement due to or as result of an event attributable to Interbank.
Place and Time of Payments. Except to the extent otherwise provided herein, all payments of principal, interest and other amounts to be made by the Borrower under this Loan Agreement, the Note or any other Loan Document shall be made in Dollars, in immediately available funds, without setoff, deduction or counterclaim, to the Bank at its Principal Office, not later than 1:00 p.m. Atlanta time on the date on which such payment shall become due (each such payment made after such time on such due date to be deemed to have been made on the next succeeding Business Day). Subject to Section 10.7, the Borrower shall, at the time of making each payment under this Agreement or any other Loan Document, specify to the Bank the amounts payable by the Borrower hereunder to which such payment is to be applied.
