Common use of Payment Mechanics Clause in Contracts

Payment Mechanics. 5.1 All payments by the Guarantor under this Deed shall be made for value on the due date at the time and in the currency in which the Guaranteed Liabilities are due and payable or in such funds specified by the relevant Noteholder as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 5 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Payment Mechanics. 5.1 9.1 All payments by the a Guarantor under this Deed shall be made for value on the due date at the time and in the currency in which the Guaranteed Liabilities Obligations are due and payable or in such funds specified by the relevant Noteholder us as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 4 contracts

Samples: assets.ctfassets.net, www.cynergybank.co.uk, assets.ctfassets.net

Payment Mechanics. 5.1 All payments by the Guarantor under this Deed shall be made for value on the due date at the time and in the currency in which the Guaranteed Liabilities Obligations are due and payable or in such funds specified by the relevant Noteholder Funder as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 1 contract

Samples: cdn.cocodoc.com

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Payment Mechanics. 5.1 6.1 All payments by the Guarantor under this Deed shall be made for value on the due date at the time and in the currency in which the Guaranteed Liabilities Obligations are due and payable or payable. 6.2 Payment shall be made to such account as the Owner specifies to the Guarantor in such funds specified by the relevant Noteholder as being customary at the time for settlement of transactions in the relevant currency in the place of paymentwriting.

Appears in 1 contract

Samples: Seanergy Maritime Holdings Corp.

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