Common use of Time and Place of Payment Clause in Contracts

Time and Place of Payment. Unless otherwise specified, all sums other than sums of in- terest, indemnity and principal are payable within 7 (seven) days of the Borrower’s receipt of the Bank’s demand. Each sum payable by the Borrower under this Contract shall be paid to the respective account notified by the Bank to the Borrower. The Bank shall indicate the account not less than 15 (fifteen) days before the due date for the first payment by the Borrower and shall notify any change of account not less than 15 (fifteen) days before the date of the first payment to which the change applies. This period of notice does not apply in the case of payment under Article 10. A sum due from the Borrower shall be deemed paid when the Bank receives it.

Time and Place of Payment. Unless otherwise specified, all sums other than sums of in- terestinterest, indemnity and principal are payable within 7 15 (sevenfifteen) days of the Borrower’s receipt of the Bank’s demand. Each sum payable by the Borrower under this Contract shall be paid to the respective relevant account notified by the Bank to the Borrower. The Bank shall indicate notify the account not less than 15 (fifteen) days before the due date for the first payment by the Borrower and shall notify any change of account not less than 15 (fifteen) days before the date of the first payment to which the change applies. This period of notice does not apply in the case of payment under Article 10. A sum due from the Borrower shall be deemed paid when the Bank receives it.

Time and Place of Payment. Unless otherwise specified, all sums other than sums of in- terestinterest, indemnity and principal are payable within 7 15 (sevenfifteen) days of the relevant Borrower’s 's receipt of the Bank’s 's demand. Each sum payable by the either Borrower under this Contract shall be paid to the respective account notified by the Bank to the relevant Borrower. The Bank shall indicate the account not less than 15 (fifteen) days before the due date for the first payment by the relevant Borrower and shall notify any change of account not less than 15 (fifteen) days before the date of the first payment to which the change applies. This period of notice does not apply in the case of payment under Article 10. A sum due from the either Borrower shall be deemed paid when the Bank receives it.

Time and Place of Payment. Unless otherwise specified, all sums other than sums of in- terestinterest, indemnity and principal are payable within 7 (seven) days of the Borrower’s 's receipt of the Bank’s 's demand. Each sum payable by the Borrower under this Contract shall be paid to the respective account notified by the Bank to the Borrower. The Bank shall indicate the account not less than 15 (fifteen) days before the due date for the first payment by the Borrower and shall notify any change of account not less than 15 (fifteen) days before the date of the first payment to which the change applies. This period of notice does not apply in the case of payment under Article 10. A sum due from the Borrower shall be deemed paid when the Bank receives it.

Time and Place of Payment. Unless otherwise specified, all sums other than sums of in- terestinterest, indemnity and principal are payable within 7 15 (sevenfifteen) days of the Borrower’s 's receipt of the Bank’s 's demand. Each sum payable by the Borrower under this Contract shall be paid to the respective account notified by the Bank to the Borrower. The Bank shall indicate the account not less than 15 (fifteen) days before the due date for the first payment by the Borrower and shall notify any change of account not less than 15 (fifteen) days before the date of the first payment to which the change applies. This period of notice does not apply in the case of payment under Article 10. A sum due from the Borrower shall be deemed paid when the Bank receives it.

Time and Place of Payment. Unless otherwise specified, all sums other than sums of in- terestinterest, indemnity and principal are payable within 7 (seven) days of the Borrower’s receipt of the Bank’s demand. Each sum payable by the Borrower under this Contract shall be paid to the respective account notified by the Bank to the Borrower. The Bank shall indicate the account not less than 15 (fifteen) days before the due date for the first payment by the Borrower and shall notify any change of account not less than 15 (fifteen) days before the date of the first payment to which the change applies. This period of notice does not apply in the case of payment under Article 10. A sum due from the Borrower shall be deemed paid when the Bank receives it.