Common use of Time and Method for Payment Clause in Contracts

Time and Method for Payment. 1. If a demand for payment is made on a Business Day to us prior to 11:00 a.m. in strict conformity with the terms and conditions hereof, payment shall be made to you, not later than 3:30 p.m. on the second succeeding Business Day (or third succeeding Business Day if the account is outside the United States) or such later date as you may specify in such demand for payment. All times referenced herein are as of New York, New York time.

Appears in 1 contract

Samples: Credit Agreement (Acadia Realty Trust)

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Time and Method for Payment. 1. (a) If a demand for payment is made on a Business Day to us prior to 11:00 a.m. 2:00 p.m. in strict conformity with the terms and conditions hereof, payment shall be made to you, not later than 3:30 [3:30] p.m. on the second third succeeding Business Day (or third fifth succeeding Business Day if the account is outside the United States) or such later date as you may specify in such demand for payment. All times referenced herein are as of New York, New York time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Blackstone / GSO Secured Lending Fund)

Time and Method for Payment. 1. (a) If a demand Demand for payment Payment is made on a Business Day to us prior to 11:00 a.m. in strict conformity with the terms and conditions hereof, payment shall be made to you, not later than 3:30 p.m. on the second succeeding Business Day (or third succeeding Business Day if the account is outside the United States) or such later date as you may specify in such demand for payment. All times referenced herein are as of New York, New York time.

Appears in 1 contract

Samples: Development Services Agreement (Brocade Communications Systems Inc)

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Time and Method for Payment. 1. (a) If a demand for payment is made on a Business Day to us prior to 11:00 a.m. in strict conformity with the terms and conditions hereof, payment shall be made to you, not later than 3:30 p.m. on the second succeeding Business Day (or third succeeding Business Day if the account is outside the United States) or such later date as you may specify in such demand for payment. All times referenced herein are as of New York, New York time.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Valvoline Inc)

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