Promise to Pay; Terms and Place of Payment Sample Clauses

Promise to Pay; Terms and Place of Payment. Debtor promises to pay Secured Party the amounts set forth on each Schedule at the rate and upon such terms as provided therein.
AutoNDA by SimpleDocs
Promise to Pay; Terms and Place of Payment. Debtor promises to pay Secured Party the amounts set forth on each Schedule at the rate and upon such terms as provided therein. Whenever used herein, the term " indebtedness " shall include (i) the unpaid principal amount of any loan advanced hereunder by Secured Party, (ii) all earned, accrued and unpaid interest (specifically excluding interest not yet earned hereunder), and (iii) all other unpaid obligations that Debtor has to Secured Party under the terms of this Master Security Agreement. Attached to each Schedule is an amortization table which sets forth as of the date of the advance of the loan by Secured Party, (i) the principal amount of each loan initially advanced by Secured Party and (ii) the amount of precomputed unearned interest, provided however, such amortization table assumes that Debtor shall make each and every monthly payment on the actual monthly due date set forth in such Schedule and in the event Debtor does not comply therewith, the indebtedness owed at time of prepayment, acceleration or otherwise shall be different than as reflected in such amortization table.
Promise to Pay; Terms and Place of Payment. Borrower promises to pay to the order of Lender the sum of $10.828.08 per month commencing ________________, and on the ________ day of each consecutive month thereafter for a period of 48 months, maturing ___________________. Interest shall accrue on the basis of a 360-day year. 0 payments of $10,828.08 are payable at the time of execution of this Agreement (representing the first and last 0 months payments). In addition, Borrower shall make a payment of $.00 on the date the final installment described above is due. All payments shall be made to P.O. Xxx 00000, Xxxx Xxxx Xxxx, Xxxx 00000-0000 xx xt such other locations Lender may designate. Total amount financed hereunder is $450,000.00.
Promise to Pay; Terms and Place of Payment. Debtor promises to pay Secured Party the total sum of $1,298,189.20, which represents principal and interest precomputed over the term hereof, payable in 55 (total number) combined principal and interest payments as follows: Equal Successive Monthly Payments $23,603.44 beginning on August 27, 2001 and the same amount on the same date of each month thereafter until fully paid, provided, however, that the final payment shall be in the amount of the then unpaid balance of principal and interest. Other Than Equal Successive Monthly Payments Payment shall be made at the address of Secured Party shown herein or such other place as Secured Party may designate from time to time.
Promise to Pay; Terms and Place of Payment. Debtors promise, jointly and severally, to pay the Lenders all amounts shown on the promissory notes attached hereto as Exhibits A and B, and made a part hereof, according to the terms described therein (provided that any failure to pay an amount other than principal shall not constitute an Event of Default until such payment is at least five (5) days overdue). Payments shall be made as designated therein or such other place as the Lenders may designate from time to time. This Security Agreement shall continue effective irrespective of any retaking and redelivery of Collateral to Debtors until all amounts secured hereby are fully paid. Any note taken herewith shall evidence indebtedness and not payment.

Related to Promise to Pay; Terms and Place of Payment

  • Time and Place of Payments Unless otherwise expressly provided herein, the Borrower shall make all payments pursuant to this agreement or pursuant to any document, instrument or agreement delivered pursuant hereto by deposit to the Designated Account before 12:00 noon (Toronto time) on the day specified for payment and the Administrative Agent shall be entitled to withdraw the amount of any payment due to the Administrative Agent or the Lenders hereunder from such account on the day specified for payment.

  • Manner and Place of Payment Principal and interest on this Note and other payments in connection with this Note shall be payable at the Holder’s offices as designated above in lawful money of the United States of America in immediately available funds without set-off, deduction or counterclaim. Upon assignment of the interest of Xxxxxx in this Note, Borrower shall instead make its payment pursuant to the assignee’s instructions upon receipt of written notice thereof.

  • Exchange Rate; Manner and Place of Payment All payments hereunder shall be payable in U.S. dollars. With respect to each quarter, for countries other than the United States, whenever conversion of payments from any foreign currency shall be required, such conversion shall be made at the rate of exchange reported in The Wall Street Journal on the last business day of the applicable reporting period. All payments owed under this Agreement shall be made by wire transfer, unless otherwise specified by SIGNAL.

  • Place of Payments The Company shall make all Loan Payments directly to the Trustee at its Principal Office. Additional Payments shall be made directly to the person or entity to whom or to which they are due.

  • Method and Place of Payment (a) Except as otherwise specifically provided herein, all payments and prepayments under this Agreement and the Note shall be made to Lender not later than 2:00 p.m., New York City time, on the date when due and shall be made in lawful money of the United States of America in immediately available funds at Lender’s office or at such other place as Lender shall from time to time designate, and any funds received by Lender after such time shall, for all purposes hereof, be deemed to have been paid on the next succeeding Business Day.

  • Place of Payment Subject to Section 14.2, payments of principal, Make-Whole Amount, if any, and interest becoming due and payable on the Notes shall be made in New York, New York at the principal office of JPMorgan Chase Bank, N.A. in such jurisdiction. The Company may at any time, by notice to each holder of a Note, change the place of payment of the Notes so long as such place of payment shall be either the principal office of the Company in such jurisdiction or the principal office of a bank or trust company in such jurisdiction.

  • Place and Manner of Payment (a) All payments of Rent, the Termination Value and the Fair Market Value Purchase Price payable by Lessee to Lessor under this Facility Lease shall be made by Lessee to or for the account of Lessor as Lessor shall from time to time direct in writing in immediately available funds in Dollars in the amount of such payments on the date when such payments are due.

  • Terms of Payment The Loan shall be payable as follows:

  • Place and Application of Payments All payments of principal of and interest on the Loans and the Reimbursement Obligations, and of all other Obligations payable by the Borrower under this Agreement and the other Loan Documents, shall be made by the Borrower to the Administrative Agent by no later than 1:00 p.m. (Chicago time) on the due date thereof at the office of the Administrative Agent in Chicago, Illinois (or such other location as the Administrative Agent may designate to the Borrower), for the benefit of the Lender(s) or L/C Issuer entitled thereto. Any payments received after such time shall be deemed to have been received by the Administrative Agent on the next Business Day. All such payments shall be made in U.S. Dollars, in immediately available funds at the place of payment, in each case without set-off or counterclaim. The Administrative Agent will promptly thereafter cause to be distributed like funds relating to the payment of principal or interest on Loans and on Reimbursement Obligations in which the Lenders have purchased Participating Interests ratably to the Lenders and like funds relating to the payment of any other amount payable to any Lender to such Lender, in each case to be applied in accordance with the terms of this Agreement; provided, that if the Administrative Agent does not distribute such funds to the Lenders on the date the Administrative Agent receives (or is deemed to receive) payment from the Borrower, the Administrative Agent shall promptly thereafter distribute such funds together with interest thereon in respect of each day during the period commencing on the date such payment from the Borrower was received by the Administrative Agent (or the date the Administrative Agent was deemed to receive such payment) and ending on (but excluding) the date the Administrative Agent distributes such funds to the Lenders, at a rate per annum equal to the Federal Funds Rate for each such day. If the Administrative Agent causes amounts to be distributed to the Lenders in reliance upon the assumption that the Borrower will make a scheduled payment and such scheduled payment is not so made, each Lender shall, on demand, repay to the Administrative Agent the amount distributed to such Lender together with interest thereon in respect of each day during the period commencing on the date such amount was distributed to such Lender and ending on (but excluding) the date such Lender repays such amount to the Administrative Agent, at a rate per annum equal to: (i) from the date the distribution was made to the date two (2) Business Days after payment by such Lender is due hereunder, the Federal Funds Rate for each such day and (ii) from the date two (2) Business Days after the date such payment is due from such Lender to the date such payment is made by such Lender, the Base Rate in effect for each such day. Anything contained herein to the contrary notwithstanding (including, without limitation, Section 1.8(b) hereof), all payments and collections received in respect of the Obligations and all payments under or in respect of the Guaranties received, in each instance, by the Administrative Agent or any of the Lenders after acceleration or the final maturity of the Obligations or termination of the Commitments as a result of an Event of Default shall be remitted to the Administrative Agent and distributed as follows:

  • Name and Place of Business Other than previously disclosed in writing to you I have not changed my name or principal place of business within the last 10 years and have not used any other trade or fictitious name. Without your prior written consent, I do not and will not use any other name and will preserve my existing name, trade names and franchises.

Time is Money Join Law Insider Premium to draft better contracts faster.