Common use of Time and Place for Payments Clause in Contracts

Time and Place for Payments. In order to pay or repay the obligations under this Agreement, the Borrower shall transfer the relevant amount to the Lender Account (i) by the Due Time, for those obligations the Due Date of which is provided for herein, or (ii) immediately upon the Lender’s request, for those obligations the Due Date of which is not provided for herein; provided, however, that if a Refinancing Loan is made in accordance with Section 6.2(a) pursuant to the application under Section 5.5, the Due Time for the principal of the Outstanding Individual Loan Money in relation to the Refinanced Loan shall be postponed to the time that the Refinancing Loan is deemed to have been made pursuant to

Time and Place for Payments. In order to pay or repay the obligations under this Agreement, the Borrower shall transfer the relevant amount to the Lender Account (i) by the Due Time, for those obligations the Due Date of which is provided for herein, or (ii) immediately upon the Lender’s request, for those obligations the Due Date of which is not provided for herein; provided, however, that if a Refinancing Loan is made in accordance with Section 6.2(a) pursuant to the application under Section 5.5, the Due Time for the principal of the Outstanding Individual Loan Money in relation to the Refinanced Loan shall be postponed to the time that the Refinancing Loan is deemed to have been made pursuant toto Section 6.2(a), and the payment obligation for the principal of the Refinanced Loan shall be deemed to have been performed upon the time that such Refinancing Loan is made pursuant to Section 6.2(a).