Common use of General Provisions Regarding Payments Clause in Contracts

General Provisions Regarding Payments. (a) All payments by Company of principal of the Loans, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 p.m. (New York City time) on the date due at the Principal Office for the account of Lenders.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Reliant Pharmaceuticals, Inc.), Credit and Guaranty Agreement (Reliant Pharmaceuticals, Inc.)

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General Provisions Regarding Payments. (a) All payments by Company of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to the Administrative Agent not later than 2:00 p.m. (New York City time) on the date due at the Administrative Agent’s Principal Office for the account of the Lenders.

Appears in 1 contract

Samples: Term Loan Agreement (GPAQ Acquisition Holdings, Inc.)

General Provisions Regarding Payments. (a) All payments by Company any Credit Party of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defensewithout, setoff recoupment, setoff, counterclaim or counterclaim, other defense free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 12:00 p.m. (New York City time) on the date due at the Principal Office to Administrative Agent’s Account, as applicable, for the account of Lenders; funds received by Administrative Agent, as applicable, after that time on such due date shall be deemed to have been paid on the next Business Day.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Syntax-Brillian Corp)

General Provisions Regarding Payments. (a) All payments by Company the Borrower of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to the Administrative Agent not later than 2:00 p.m. (New York City time) on the date due at the Principal Office designated by the Administrative Agent for the account of Lenders.; for

Appears in 1 contract

Samples: Revolving Credit Agreement (Las Vegas Sands Corp)

General Provisions Regarding Payments. (a) All payments by Company Borrower of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, recoupment, setoff or counterclaim, free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 12:00 p.m. (New York City time) on the date due at the Principal Office of Administrative Agent for the account of Agents, if applicable, and Lenders.

Appears in 1 contract

Samples: Credit Agreement (Cablevision Holding S.A.)

General Provisions Regarding Payments. (a) All payments by Company Borrowers of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defenserecoupment, setoff setoff, counterclaim or counterclaim, other defense free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 p.m. 12:00 noon (New York City time) on the date due at the Principal Office designated by the Administrative Agent for the account of Lenders; funds received by Administrative Agent after that time on such due date shall be deemed to have been paid by Borrowers on the next Business Day.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Cit Group Inc)

General Provisions Regarding Payments. (a) All payments by Company of principal or on behalf of the LoansBorrower of principal, premium, interest, fees Fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to the Administrative Agent not later than 2:00 1:00 p.m. (New York City time) on the date due at the Administrative Agent’s Principal Office for the account of the Lenders.

Appears in 1 contract

Samples: Building Term Loan Agreement (Empire Resorts Inc)

General Provisions Regarding Payments. (a) All payments by Company Borrower of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defensewithout, setoff recoupment, setoff, counterclaim or counterclaim, other defense free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 12:00 p.m. (New York City time) on the date due at the Principal Office to Administrative Agent’s account in New York for the account of Lenders.

Appears in 1 contract

Samples: Credit Agreement (Energy & Exploration Partners, Inc.)

General Provisions Regarding Payments. (a) All payments by Company Borrower of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to Administrative the Agent not later than 2:00 12:00 p.m. (New York City time) on the date due at the Agent’s Principal Office for the account of the Lenders.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Penhall International Corp)

General Provisions Regarding Payments. (a) All payments by Company of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 p.m. 12:00 noon (New York City time) on the date due at the Administrative Agent’s Principal Office for the account of Lenders; funds received by Administrative Agent after that time on such due date shall be deemed to have been paid by Company on the next succeeding Business Day.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Energy Transfer Partners, L.P.)

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General Provisions Regarding Payments. (a) All payments by Company the Borrower of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 12:00 p.m. (New York City time) on the date due at the Administrative Agent’s Principal Office for the account of Lenders; funds received by Administrative Agent after that time on such due date shall be deemed to have been paid by the Borrower on the next succeeding Business Day.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Equinix Inc)

General Provisions Regarding Payments. (a) All payments by Company any Credit Party of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defensewithout, setoff recoupment, setoff, counterclaim or counterclaim, other defense free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 12:00 p.m. (New York City time) on the date due at the Principal Office to Administrative Agent’s Account for the account of Lenders; funds received by Administrative Agent after that time on such due date shall be deemed to have been paid on the next Business Day.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Handleman Co /Mi/)

General Provisions Regarding Payments. (a) All payments by Company of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to Administrative Agent not later than 2:00 p.m. 12:00 noon (New York City time) on the date due at the Agent's Principal Office for the account of Lenders; funds received by Agent after that time on such due date shall be deemed to have been paid by Company on the next succeeding Business Day.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (NTL Delaware Inc)

General Provisions Regarding Payments. (a) All payments by Company of principal of the Loansprincipal, interest, fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to the Administrative Agent not later than 2:00 p.m. (New York City time) on the date due at the Administrative Agent’s Principal Office for the account of the Lenders.

Appears in 1 contract

Samples: Term Loan Agreement (Hall of Fame Resort & Entertainment Co)

General Provisions Regarding Payments. (a) All payments by Company of principal or on behalf of the LoansBorrower of principal, interest, fees Fees and other Obligations shall be made in Dollars in same day funds, without defense, setoff or counterclaim, free of any restriction or condition, and delivered to the Administrative Agent not later than 2:00 1:00 p.m. (New York City time) on the date due at the Administrative Agent’s Principal Office for the account of the Lenders.

Appears in 1 contract

Samples: Revolving Credit Agreement (Empire Resorts Inc)

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