Common use of Place of Advances, Repayments Clause in Contracts

Place of Advances, Repayments. (a) The Advance to the Borrowers shall be made by the Lender to the Borrowers as may be directed by the Borrowers; and all payments of principal, interest and other amounts to be made by the Borrowers to the Lender pursuant to this Agreement shall be made at such location or such other location in Canada as the Lender may direct in writing from time to time. All such payments received by the Lender on a Business Day before 12:00 noon Toronto time shall be treated as having been received by the Lender on that day; and payments made after such time on a Business Day shall be treated as having been received by the Lender on the next Business Day. (b) Whenever any payment 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. Interest shall continue to accrue and be payable thereon as provided herein, until the date on which such payment is received by the Lender.

Place of Advances, Repayments. (a) The Advance Advances by any Lender to the Borrowers Borrower shall be made by the such Lender to the Borrowers as may be directed by the Borrowers; and all Agent from such Lender's Lending Office in Canada. All payments of principal, interest and other amounts to be made by the Borrowers to the Lender Borrower pursuant to this Agreement shall be made to the Agent at such location its address noted in Section 12.07 or to such other location address in Canada as the Lender Agent may direct in writing from time to time. All such payments received by the Lender Agent on a Business Day before 12:00 noon 2:00 p.m. (Toronto time time) shall be treated as having been received by the Lender Agent on that day; and payments made after such time on a Business Day shall be treated as having been received by the Lender Agent on the next Business Day. (b) Whenever any payment 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. Interest shall continue to accrue and be payable thereon as provided herein, until the date on which such payment is received by the LenderAgent. (c) The Borrower hereby irrevocably authorizes the Agent to debit any account maintained by the Borrower with the Agent from time to time in order to pay any amount of principal, interest, fees, expenses or other amounts payable by the Borrower pursuant to this Agreement.

Place of Advances, Repayments. (a) The Advance Advances by any Lender to the Borrowers Borrower shall be made by the such Lender to the Borrowers as may be directed by the Borrowers; and all Agent from such Xxxxxx's Lending Office in Canada. All payments of principal, interest and other amounts to be made by the Borrowers to the Lender Borrower pursuant to this Agreement shall be made to the Agent at such location its address noted in Section 12.07 or to such other location address in Canada as the Lender Agent may direct in writing from time to time. All such payments received by the Lender Agent on a Business Day before 12:00 noon 2:00 p.m. (Toronto time time) shall be treated as having been received by the Lender Agent on that day; and payments made after such time on a Business Day shall be treated as having been received by the Lender Agent on the next Business Day. (b) Whenever any payment 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. Interest shall continue to accrue and be payable thereon as provided herein, until the date on which such payment is received by the LenderAgent. (c) The Borrower hereby irrevocably authorizes the Agent to debit any account maintained by the Borrower with the Agent from time to time in order to pay any amount of principal, interest, fees, expenses or other amounts payable by the Borrower pursuant to this Agreement.