Common use of Place and Time of Payments Clause in Contracts

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. (a) All payments by Borrower the Credit Obligors to the Bank hereunder shall be made in lawful currency of the United States of America and in immediately available funds to the Bank at its address set forth herein 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 Borrower; provided, nothing herein shall be construed to require payment of any amount in advance of its due datethe Credit Obligors. (b) All amounts payable by Borrower the Credit Obligors to the Bank hereunder for which a payment date is expressly set forth herein (including without limitation payments due pursuant to Sections 2A.4 2.02 and 2A.52.04) shall be payable without notice or written demand by the Bank. All amounts payable by Borrower the Credit Obligors to the Bank hereunder for which no payment date is expressly set forth herein shall be payable on written demand by the Bank to Borrowerthe Credit Obligors within 15 days of receipt thereof. (c) The Bank may, at its option, send written notice to Borrower the Credit Obligors of amounts payable pursuant to sections 2A.4 Sections 2.02 and 2A.52.04, but the failure to send such notice will shall not affect or excuse Bank's the Credit Obligors' obligation to pay make payment of the amounts required by such sections Sections on the due date specified in such sectionsSections. (d) Payments which are due on a day which is not a business day 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 Borrower the Borrowers to the Bank hereunder shall be made in lawful currency of the United States of America and in immediately available funds to the Bank at its hand delivery address set forth herein in Section 8.05 hereof or at such other address within the continental United States as shall be specified by the Bank by notice to Borrower; provided, nothing herein shall be construed to require payment of any amount in advance of its due datethe Borrowers. (b) All amounts payable by Borrower the Borrowers to the Bank hereunder for which a payment date is expressly set forth herein (including without limitation payments due pursuant to Sections 2A.4 2.02, 2.03 and 2A.53.02) shall be payable without notice or written demand by the Bank. All amounts payable by Borrower the Borrowers to the Bank hereunder for which no payment date is expressly set forth herein shall be payable on written demand by the Bank to Borrowerthe Borrowers. (c) The Bank may, at its option, send written notice to Borrower the Borrowers of amounts payable pursuant to sections 2A.4 Sections 2.02, 2.03 and 2A.53.02, but the failure to send such notice will shall not affect or excuse Bank's the Borrowers' obligation to pay make payment of the amounts required by such sections Sections on the due date specified in such sectionsSections. (d) Payments which are due on a day which is not a business day 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 Borrower to the Bank hereunder shall be made in lawful currency of the United States of America and in immediately available funds to the Bank at its hand delivery address set forth herein in Section 6.1 or at such other address within the continental United States as shall be specified by the 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 the Bank hereunder for which a payment date is expressly set forth herein (including without limitation payments due pursuant to Sections 2A.4 2.2 and 2A.52.3) shall be payable without notice or written demand by the Bank. All amounts payable by Borrower to the Bank hereunder for which no payment date is expressly set forth herein shall be payable on written demand by the Bank to Borrower. (c) The Bank may, at its option, send written notice to Borrower of amounts payable pursuant to sections 2A.4 Sections 2.2 and 2A.52.3, but the failure to send such notice will shall not affect or excuse BankBorrower's obligation to pay make payment of the amounts required by such sections Sections on the due date specified in such sectionsSections. (d) Payments which are due on a day which is not a business day 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.