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.

Appears in 3 contracts

Samples: Loan and Security Agreement (Display Technologies Inc), Loan and Security Agreement (Display Technologies Inc), Loan and Security Agreement (Display Technologies Inc)

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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.

Appears in 1 contract

Samples: Credit Agreement (Ocean Bio Chem Inc)

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