Common use of Payment Office Clause in Contracts

Payment Office. The Borrower shall make all payments (including prepayments) whether on account of principal, interest, fees or otherwise, without deduction, setoffs, withholding or counterclaim on or prior to 11:00 a.m. (local time) to the Agent at the Payment Office or as otherwise directed by the Agent, for the account of the Lenders in Dollars and in immediately available funds.

Payment Office. The Borrower shall make all payments (including prepayments) whether on account of principal, interest, fees fees, or otherwise, without deduction, setoffs, withholding or counterclaim on or prior to 11:00 a.m. (local time) to the Agent at the Payment Office or as otherwise directed by the Agent, for the account of the Lenders in Dollars and in immediately available funds.