– GENERAL PROVISIONS CONCERNING PAYMENTS. (a) All payments of principal of, or interest on, the Note, and of the Commitment Fee, shall be made in Federal or other funds immediately available to the Bank at its office in Charlotte, North Carolina not later than 11:00 a.m., Charlotte, North Carolina time. Funds received after 11:00 a.m. shall be deemed to have been paid on the next following Domestic Business Day.
Appears in 2 contracts
Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)
– GENERAL PROVISIONS CONCERNING PAYMENTS. (a) All payments of principal of, or interest on, the NoteNotes, and of the Commitment Fee, shall be made in Federal or other funds immediately available to the Bank at its office in Charlotte, North Carolina not later than 11:00 a.m., Charlotte, North Carolina time. Funds received after 11:00 a.m. shall be deemed to have been paid on the next following Domestic Business Day.
Appears in 2 contracts
Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)
– GENERAL PROVISIONS CONCERNING PAYMENTS. (a) All payments and prepayments of principal of, or interest on, the Note, Notes and of the Commitment Fee, Fee shall be made in Federal or other funds immediately available to the Bank at its office in Charlotte, North Carolina not later than 11:00 a.m.2:00 p.m., Charlotte, North Carolina time. Funds received after 11:00 a.m. 2:00 p.m. shall be deemed to have been paid on the next following Domestic Business Day.
Appears in 2 contracts
Samples: Loan Agreement (Summit Properties Inc), Loan Agreement (Summit Properties Inc)
– GENERAL PROVISIONS CONCERNING PAYMENTS. (a) All payments of principal of, or interest on, the NoteNotes, and of the Commitment Facility Fee, the Termination Fee and any other fees due hereunder, shall be made in Federal or other funds immediately available to the Bank at its office in CharlotteGreensboro, North Carolina not later than 11:00 a.m.1:00 p.m., CharlotteGreensboro, North Carolina time. Funds received after 11:00 a.m. 1:00 p.m. shall be deemed to have been paid on the next following Domestic Business Day.
Appears in 1 contract
Samples: Credit Agreement (Source Information Management Co)
– GENERAL PROVISIONS CONCERNING PAYMENTS. (a) All payments of principal of, or interest on, the Note, and of the Commitment FeeFacility Fee or any other fees due hereunder, shall be made in Federal or other funds immediately available to the Bank at its office in CharlotteGreensboro, North Carolina not later than 11:00 a.m.1:00 p.m., CharlotteGreensboro, North Carolina time. Funds received after 11:00 a.m. 1:00 p.m. shall be deemed to have been paid on the next following Domestic Business Day.
Appears in 1 contract
Samples: Credit Agreement (Source Co)
