Wiring of Funds. All amounts required to be paid by Merchant, Agent or Buyer under any provision of this Agreement shall be made by wire transfer of immediately available funds which shall be wired by Merchant, Agent or Buyer, as applicable, no later as 2:00 p.m. (Eastern Time) on the date that such payment is due; provided, however, that all of the information necessary to complete the wire transfer has been received by Merchant, Agent or Buyer, as applicable, by 10:00 a.m. (Eastern Time) on the date that such payment is due. In the event that the date on which any such payment is due is not a business day, then such payment shall be made by wire transfer on the next business day.
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Samples: Agency Agreement (Aeropostale Inc), Agency Agreement
Wiring of Funds. All amounts required to be paid by Merchant, Agent or Buyer Merchant under any provision of this Agreement shall be made by wire transfer of immediately available funds which shall be wired by Merchant, Agent or BuyerMerchant, as applicable, no later as 2:00 p.m. (Eastern Time) on the date that such payment is due; provided, however, that all of the information necessary to complete the wire transfer has been received by Merchant, Agent or BuyerMerchant, as applicable, by 10:00 a.m. (Eastern Time) on the date that such payment is due. In the event that the date on which any such payment is due is not a business day, then such payment shall be made by wire transfer on the next business day.
Appears in 2 contracts
Samples: Second Agency Agreement, Agency Agreement
Wiring of Funds. All amounts required to be paid by Merchant, Agent or Buyer the Merchant under any provision of this Agreement shall be made by wire transfer of immediately available funds which shall be wired by Merchant, Agent or BuyerMerchant, as applicable, no later as 2:00 p.m. (Eastern Time) on the date that such payment is due; provided, however, that all of the information necessary to complete the wire transfer has been received by Merchant, Agent or BuyerMerchant, as applicable, by 10:00 a.m. (Eastern Time) on the date that such payment is due. In the event that the date on which any such payment is due is not a business day, then such payment shall be made by wire transfer on the next business day.
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