Applicable Payment Office definition

Applicable Payment Office means, (a) in the case of a Canadian Revolving Borrowing, the Canadian Payment Office and (b) in the case of a Eurocurrency Borrowing (including for Designated Loans), the applicable Eurocurrency Payment Office.
Applicable Payment Office shall have the meaning given to that term in Subparagraph 2.13(b).

Examples of Applicable Payment Office in a sentence

  • All payments (including prepayments) to be made by the Borrower hereunder, whether on account of principal, interest, fees, Letter of Credit commissions or otherwise, shall be made without set off or counterclaim and shall be made prior to 1:00 P.M. (or, in the case of Eurocurrency Borrowings denominated in Foreign Currencies, 1:00 p.m. Local Time) on the due date thereof to the Administrative Agent, for the account of the Lenders, at the Applicable Payment Office in immediately available funds.

  • According to the Foundation, the decision contravenes the Act and the delegated instruments under it because they contemplate a primary role for hunters in managing the tahr population.

  • The failure of the Parent or any of the Borrowers to make any such payment by the time required above in this Section2.5 shall not constitute a default hereunder, provided that such payment is made on such due date, but any such payment made after 12:00 Noon (local time in the city in which such Applicable Payment Office is located) on such due date shall be deemed to have been made on the next Business Day for the purpose of calculating interest on the applicable amounts payable.

  • Pets are not to be allowed to sit or lay on any furniture or beds.

  • Each Lender will make the amount of its Applicable Percentage of each Borrowing available to the Administrative Agent for the account of the Borrower at the Applicable Payment Office prior to 4:00 p.m. (Local Time, in the case of Eurocurrency Loans being funded in a Foreign Currency) on the Borrowing Date requested by the Borrower in funds immediately available and in the applicable currency.


More Definitions of Applicable Payment Office

Applicable Payment Office in the case of:
Applicable Payment Office means Borrower’s offices located at 0000 Xxxxxxx Xxxxx, Xxx Xxxx, Xxxxxxxxxx.
Applicable Payment Office the office specified from time to time by the Administrative Agent as its Applicable Payment Office by notice to the Borrower and the relevant Lenders (it being understood that such Applicable Payment Office shall mean (i) with respect to Loans denominated in Dollars, the office of the Administrative Agent specified in Section 11.2 or such other office as may be specified from time to time by the Administrative Agent to the Borrower and each Lender and (ii) with respect to Loans denominated in an Available Foreign Currency, the office, branch, affiliate or correspondent bank of the Administrative Agent for such currency as specified from time to time by the Administrative Agent to the Borrower and each Lender, until otherwise notified by the Administrative Agent.
Applicable Payment Office the office of the Administrative Agent specified in Section 10.2 or, in the case of Eurocurrency Borrowings and Letters of Credit denominated in any Foreign Currencies, the applicable Eurocurrency Payment Office.
Applicable Payment Office means, with respect to Obligations payable in Dollars, the principal office of Citibank in New York, New York, and, with respect to Obligations payable in any Alternative Currency, the principal office of Citibank London in London, England or such other office or offices as determined by the Agent from time to time of which notice is given to the Borrowers, Lenders and Issuing Banks in accordance with the provisions of Section 15.08.
Applicable Payment Office in respect of (i) all Loans (other than Alternate Currency Loans), fees and other amounts owing under the Loan Documents, the office of the Administrative Agent listed on Schedule 1.1A as its "Domestic Payment Office", and (ii) in respect of Alternate Currency Loans, the office of the Administrative Agent listed on Schedule 1.1A as its payment office for the applicable Alternate Currency, or such other office or offices as the Administrative Agent may from time to time hereafter designate in writing as such to each Lender and the Borrower.