Payments under this Agreement. In the event that one party (the “Owing Party”) is required to make a payment to another party (the “Owed Party”) pursuant to this Agreement, then such payments shall be made according to this Section 7.05.
Payments under this Agreement. Any payment to be made by the Corporation pursuant to the terms of this Agreement shall be paid by the Corporation in cash in a lump sum within ten business days of the giving of notice by the Executive pursuant to section 2.01 hereof or within ten business days of the dismissal from employment with the Corporation of the Executive as referred to in section 2.02 hereof, as the case may be. Any such payment shall be calculated, in the case of section 2.01 hereof, at the date of giving notice pursuant to section 2.01 hereof and, in the case of section 2.02 hereof, at the date of dismissal.
Payments under this Agreement. Borrower will make all payments of principal, interest, fees, and all other payments required under this Agreement and under the Loan, and under any other agreements with Lender to which Borrower is a party, as and when due.
Payments under this Agreement. Each party agrees that all amounts required to be paid hereunder shall be paid in United States currency and, except as otherwise expressly set forth in this Agreement, without discount, rebate, reduction or withholding and not subject counterclaim or offset, on the dates required hereby (with time being of the essence).
Payments under this Agreement. (1) Unless otherwise expressly provided in this Agreement, the applicable Borrower shall make any payment required to be made by it to the Administrative Agent or any Lender by depositing the amount of the payment in the relevant currency to the relevant Borrower’s Account not later than 10:00 a.m. (New York time) on the date the payment is due. The applicable Borrower shall make each such payment (i) in U.S. Dollars; and (ii) except as specifically otherwise provided, in the Equivalent U.S. $ Amount, if the Accommodation was originally made in any other currency. In respect of the Revolving Credit Facility, the Administrative Agent shall distribute to each applicable Lender, promptly on the date of receipt by the Administrative Agent of any payment, an amount equal to the amount then due each such Lender.
(2) Unless otherwise expressly provided in this Agreement, the Administrative Agent shall make Accommodations under the Revolving Credit Facility and other payments to the applicable Borrower under this Agreement by crediting the applicable Borrower’s Account (or causing the applicable Borrower’s Account to be credited) with, or by wire transferring to such account(s) as may be directed by the applicable Borrower, the amount of the payment not later than 2:00 p.m. (New York time) on the date the payment is to be made.
(3) Each Swing Line Lender shall make Swing Line Advances to the applicable Borrower by crediting the applicable Revolving Credit Borrower’s Account with the amount of such Swing Line Advance not later than 2:00 p.m. (New York time) on the date such Swing Line Advance is to be made.
(4) Each Borrower hereby authorizes each Lender, if and to the extent any payment owed to such Lender by such Borrower is not made to the Administrative Agent when due, to charge from time to time any amount due against any or all of such Borrower’s accounts with such Lender upon notice to such Borrower.
Payments under this Agreement. Any payment required to be made pursuant to this Agreement by one Party to another Party or Person shall be made according to this Section 7.01.
Payments under this Agreement. (1) Unless otherwise expressly provided in this Agreement or by the parties in writing, the Borrower shall make any payment required to be made by it to the Lender by depositing the amount of the payment to an account specified by the Lender not later than 4:00 p.m. (Toronto time) on the date the payment is due.
(2) All amounts owed by the Borrower to the Lender, which are not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest (both before and after default and judgment), from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal to the Applicable Rate, plus 2%
Payments under this Agreement. Any payment to be made pursuant to the terms of this Agreement shall be made by electronic funds transfer or telegraphic transfer of cleared funds, except as expressly stated in this Agreement or unless the Parties agree otherwise.
Payments under this Agreement. (1) Unless otherwise expressly provided in this Agreement, the Borrowers shall make any payment required to be made by it to the Agent by depositing the amount of the payment to the applicable Borrower’s Account not later than 12:00 p.m. (Toronto time) on the date the payment is due. The Agent shall distribute to each applicable Lender promptly on the date of receipt by the Agent of any payment, an amount equal to the amount then due to each Lender.
(2) Unless otherwise expressly provided in this Agreement, the Agent shall make Accommodations and other payments to the applicable Borrower under this Agreement by crediting the applicable Borrower’s Account (or causing the applicable Borrower’s Account to be credited) with the amount of the payment in the relevant currency not later than 1:00 p.m. (Toronto time) on the date the payment is to be made.
(3) The Borrowers shall pay to the Agent on behalf of each applicable Lender on written demand any amounts required to compensate the Lenders for any actual loss suffered or incurred by it as a result of (i) the failure of the Borrowers to effect an Accommodation in the manner and at the time specified in any Accommodation Notice; (ii) any payment being made in respect of a BA Instrument or a LIBOR Rate Advance other than on the maturity or expiration or on the last day of an Interest Period applicable to it; or (iii) the failure of the Borrowers to make a payment or a mandatory repayment in the manner and at the time specified in this Agreement. Written notice as to the amount of any such loss submitted in good faith by a Lender to the Borrowers shall be prima facie evidence of such amount.
Payments under this Agreement. (1) Unless otherwise expressly provided in this Agreement, the applicable Borrower shall make any payment required to be made by it to the Administrative Agent or any Lender by depositing the amount of the payment in the relevant currency to the relevant Borrower’s Account not later than 10:00 a.m. (Toronto time) on the date the payment is due. The applicable Borrower shall make each such payment (i) in Canadian Dollars, if the Accommodation was originally made in Canadian Dollars; (ii) in U.S. Dollars, if the Accommodation was originally made in U.S. Dollars; and (iii) except as specifically otherwise provided, in the Equivalent U.S. $ Amount, if the Accommodation was originally made in any other currency. In respect of the Canadian Revolving Credit Facility, U.S. Revolving Credit Facility and Term Loan Facility, the Administrative Agent shall distribute to each applicable Lender, promptly on the date of receipt by the Administrative Agent of any payment, an amount equal to the amount then due each such Lender, and if such distribution is not made on that date, the Administrative Agent shall pay interest on the amount for each day, from the date the amount is received by the Administrative Agent until the date of distribution, at the prevailing interbank rate for late payments.
(2) Unless otherwise expressly provided in this Agreement, the Administrative Agent shall make Accommodations under the Canadian Revolving Credit Facility, the U.S. Revolving Credit Facility and the Term Loan Facility and other payments to the applicable Borrower under this Agreement by crediting the applicable Borrower’s Account (or causing the applicable Borrower’s Account to be credited) with the amount of the payment in the relevant currency not later than 2:00 p.m. (Toronto time) on the date the payment is to be made.
(3) Each Canadian Swing Line Lender shall make Canadian Swing Line Advances to the applicable Borrower by crediting the applicable Canadian Revolving Credit Borrower’s Account with the amount of such Canadian Swing Line Advance not later than 2:00 p.m. (Toronto time) on the date such Canadian Swing Line Advance is to be made.
(4) Each Borrower hereby authorizes each Lender, if and to the extent any payment owed to such Lender by such Borrower is not made to the Administrative Agent when due, to charge from time to time any amount due against any or all of such Borrower’s accounts with such Lender upon notice to such Borrower.
