Common use of Time and Method for Payment Clause in Contracts

Time and Method for Payment. (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. (b) Unless otherwise agreed, payment under this Letter of Credit shall be made in immediately available funds to such bank accounts specified by you in the Demand for Payment.

Time and Method for Payment. (a) If a Demand demand for Payment 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. (b) Unless otherwise agreed, payment under this Letter of Credit shall be made in immediately available funds to such bank accounts specified by you in the Demand demand for Paymentpayment.

Time and Method for Payment. (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. (b) Unless otherwise agreed, payment under this Letter of Credit shall be made in immediately available funds to such bank accounts specified by you in the Demand demand for Paymentpayment.

Time and Method for Payment. (a) 1. 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. (b) 2. Unless otherwise agreed, payment under this Letter of Credit shall be made in immediately available funds to such bank accounts specified by you in the Demand demand for Paymentpayment.