{"component": "clause", "props": {"groups": [{"size": 90, "snippet": "(a) All payments by the Borrower in respect of principal of, or interest on, any Advance or in respect of any Letter of Credit Obligations or Fees shall be made without setoff or counterclaim on the date specified for payment under this Agreement not later than 11:00 a.m. (Detroit time) in immediately available funds to Agent, for the ratable account of the Lenders, at Agent\u2019s office located at \u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587. Payments made in respect of any Revolving Credit Advances or Swing Line Advances in euros or any Fees payable in euros shall be made in euros in immediately available funds to Agent, for the ratable account of the Revolving Credit Lenders or the Issuing Lender entitled to such payment at Agent\u2019s office located at \u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587, \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587-\u2587\u2587\u2587\u2587. Upon receipt of each such payment, the Agent shall make prompt payment to each applicable Lender, or, in respect of Eurocurrency-based Advances, such Lender\u2019s Eurocurrency Lending Office, in like funds and currencies, of all amounts received by it for the account of such Lender.\n(b) Upon receipt of each such payment, the Agent shall make prompt payment to each Lender, or, in respect of Eurocurrency- based Advances, of all amounts received by it for the account of such Lender.\n(c) Unless the Agent shall have been notified by Borrower prior to the date on which any payment to be made by Borrower is due that Borrower did not intend to remit such payment, the Agent may, in its sole discretion and without obligation to do so, assume that the Borrower has remitted such payment when so due and the Agent may, in reliance upon such assumption, make available to each Revolving Credit Lender or Term Loan Lender, as the case may be, on such payment date an amount equal to such Lender\u2019s share of such assumed payment. If Borrower has not in fact remitted such payment to the Agent, each Revolving Credit Lender or Term Loan Lender, as applicable, shall forthwith on demand repay to the Agent the amount of such assumed payment made available or transferred to such Lender, together with the interest thereon, in respect of each day from and including the date such amount was made available by the Agent to such Lender to the date such amount is repaid to the Agent at a rate per annum equal to (i) for Prime-based Advances, the Federal Funds Effective Rate (daily average), as the same may vary from time to time, and (ii) with respect to Eurocurrency-based Advances, Agent\u2019s aggregate marginal cost (including the cost of maintaining any required reserves or deposit insurance and of any fees, penalties, overdraft charges or other costs or expenses incurred by Agent) of carrying such amount.\n(d) Subject to the definition of Interest Period, whenever any payment to be made hereunder shall otherwise be due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing interest, if any, in connection with such payment.\n(e) All payments to be made by Borrower under this Agreement or any of the Notes (including without limitation payments under the Swing Line) shall be made without set-off or counterclaim, as aforesaid, and, subject to compliance by the Lenders with Section 13.13, without deduction for or on account of any present or future withholding or other taxes of any nature imposed by any Governmental Authority may at the time of payment be a member, unless Borrower is compelled by law to make payment subject to such tax. In such event, Borrower shall:\n(i) pay to the Agent for Agent\u2019s own account and/or, as the case may be, for the account of the Lenders (and, in the case of Advances of the Swing Line, pay to the Swing Line Lender which funded such Advances) such additional amounts as may be necessary to ensure that the Agent and/or such Lender or Lenders receive a net amount equal to the full amount which would have been receivable had payment not been made subject to such tax; and\n(ii) remit such tax to the relevant taxing authorities according to applicable law, and send to the Agent or the applicable Lender (including the Swing Line Lender) or Lenders, as the case may be, such certificates or certified copy receipts as the Agent or such Lender or Lenders shall reasonably require as proof of the payment by the Borrower, of any such taxes payable by the Borrower. As used herein, the terms \u201ctax\u201d, \u201ctaxes\u201d and \u201ctaxation\u201d include all taxes, levies, imposts, duties, charges, fees, deductions and withholdings and any restrictions or conditions resulting in a charge together with interest (and any taxes payable upon the amounts paid or payable pursuant to this Section 10.1) thereon and fines and penalties with respect thereto which may be imposed by reason of any violation or default with respect to the law regarding such tax, assessed as a result of or in connection with the transactions in euros hereunder, or the payment and/or receipt of funds in euros hereunder or the payment or delivery of funds into or out of any jurisdiction other than the United States (whether assessed against any of the Borrower, Agent or any of the Lenders). Borrower shall be reimbursed by the applicable Lender for any payment made by Borrower under this Section 10.1 if the applicable Lender is not in compliance with its obligations under Section 13.13.", "samples": [{"hash": "hzWhJ6Djbrv", "uri": "/contracts/hzWhJ6Djbrv#payment-procedure", "label": "Credit Agreement (Noble International, Ltd.)", "score": 21.0, "published": true}, {"hash": "eEikehjvgla", "uri": "/contracts/eEikehjvgla#payment-procedure", "label": "Credit Agreement (Noble International, Ltd.)", "score": 21.0, "published": true}], "snippet_links": [{"key": "payments-by-the-borrower", "type": "clause", "offset": [8, 32]}, {"key": "in-respect-of", "type": "clause", "offset": [33, 46]}, {"key": "principal-of", "type": "definition", "offset": [47, 59]}, {"key": "interest-on", "type": "definition", "offset": [64, 75]}, {"key": "any-advance", "type": "clause", "offset": [77, 88]}, {"key": "letter-of-credit-obligations", "type": "definition", "offset": [110, 138]}, {"key": "setoff-or-counterclaim", "type": "clause", "offset": [169, 191]}, {"key": "for-payment", "type": "clause", "offset": [214, 225]}, {"key": "this-agreement", "type": "clause", "offset": [232, 246]}, {"key": "immediately-available-funds", "type": "definition", "offset": [291, 318]}, {"key": "ratable-account", "type": "definition", "offset": [337, 352]}, {"key": "payments-made", "type": "clause", "offset": [448, 461]}, {"key": "revolving-credit-advances", "type": "definition", "offset": [480, 505]}, {"key": "swing-line-advances", "type": "clause", "offset": [509, 528]}, {"key": "fees-payable", "type": "definition", "offset": [545, 557]}, {"key": "revolving-credit-lenders", "type": "definition", "offset": [662, 686]}, {"key": "the-issuing-lender", "type": "clause", "offset": [690, 708]}, {"key": "upon-receipt-of", "type": "clause", "offset": [813, 828]}, {"key": "the-agent-shall", "type": "clause", "offset": [848, 863]}, {"key": "prompt-payment", "type": "definition", "offset": [869, 883]}, {"key": "applicable-lender", "type": "definition", "offset": [892, 909]}, {"key": "eurocurrency-lending-office", "type": "clause", "offset": [972, 999]}, {"key": "received-by", "type": "definition", "offset": [1046, 1057]}, {"key": "the-account", "type": "clause", "offset": [1065, 1076]}, {"key": "each-lender", "type": "clause", "offset": [1171, 1182]}, {"key": "by-borrower", "type": "clause", "offset": [1340, 1351]}, {"key": "prior-to-the", "type": "clause", "offset": [1352, 1364]}, {"key": "the-agent-may", "type": "clause", "offset": [1473, 1486]}, {"key": "sole-discretion", "type": "clause", "offset": [1495, 1510]}, {"key": "obligation-to", "type": "clause", "offset": [1523, 1536]}, {"key": "available-to", "type": "definition", "offset": [1665, 1677]}, {"key": "term-loan-lender", "type": "definition", "offset": [1710, 1726]}, {"key": "payment-date", "type": "definition", "offset": [1756, 1768]}, {"key": "equal-to", "type": "definition", "offset": [1779, 1787]}, {"key": "if-borrower", "type": "clause", "offset": [1833, 1844]}, {"key": "payment-to-the-agent", "type": "clause", "offset": [1875, 1895]}, {"key": "on-demand", "type": "clause", "offset": [1978, 1987]}, {"key": "made-available", "type": "clause", "offset": [2042, 2056]}, {"key": "the-interest", "type": "clause", "offset": [2102, 2114]}, {"key": "by-the-agent", "type": "clause", "offset": [2206, 2218]}, {"key": "per-annum", "type": "definition", "offset": [2291, 2300]}, {"key": "federal-funds-effective-rate", "type": "definition", "offset": [2344, 2372]}, {"key": "daily-average", "type": "definition", "offset": [2374, 2387]}, {"key": "from-time-to-time", "type": "clause", "offset": [2411, 2428]}, {"key": "with-respect-to", "type": "clause", "offset": [2439, 2454]}, {"key": "marginal-cost", "type": "definition", "offset": [2502, 2515]}, {"key": "cost-of", "type": "definition", "offset": [2531, 2538]}, {"key": "required-reserves", "type": "definition", "offset": [2555, 2572]}, {"key": "insurance-and", "type": "clause", "offset": [2584, 2597]}, {"key": "overdraft-charges", "type": "clause", "offset": [2622, 2639]}, {"key": "other-costs", "type": "clause", "offset": [2643, 2654]}, {"key": "expenses-incurred-by-agent", "type": "clause", "offset": [2658, 2684]}, {"key": "definition-of-interest-period", "type": "clause", "offset": [2730, 2759]}, {"key": "a-day", "type": "definition", "offset": [2829, 2834]}, {"key": "not-a-business-day", "type": "clause", "offset": [2844, 2862]}, {"key": "extension-of-time", "type": "clause", "offset": [2936, 2953]}, {"key": "in-connection-with", "type": "clause", "offset": [3003, 3021]}, {"key": "payments-to-be-made", "type": "clause", "offset": [3044, 3063]}, {"key": "agreement-or", "type": "definition", "offset": [3087, 3099]}, {"key": "the-notes", "type": "clause", "offset": [3107, 3116]}, {"key": "including-without-limitation", "type": "clause", "offset": [3118, 3146]}, {"key": "the-swing-line", "type": "definition", "offset": [3162, 3176]}, {"key": "by-the-lenders", "type": "clause", "offset": [3266, 3280]}, {"key": "other-taxes", "type": "clause", "offset": [3377, 3388]}, {"key": "governmental-authority", "type": "definition", "offset": [3418, 3440]}, {"key": "time-of-payment", "type": "clause", "offset": [3452, 3467]}, {"key": "a-member", "type": "definition", "offset": [3471, 3479]}, {"key": "make-payment", "type": "definition", "offset": [3520, 3532]}, {"key": "borrower-shall", "type": "clause", "offset": [3569, 3583]}, {"key": "pay-to", "type": "definition", "offset": [3589, 3595]}, {"key": "own-account", "type": "clause", "offset": [3618, 3629]}, {"key": "in-the-case", "type": "clause", "offset": [3695, 3706]}, {"key": "swing-line-lender", "type": "clause", "offset": [3749, 3766]}, {"key": "additional-amounts", "type": "definition", "offset": [3800, 3818]}, {"key": "to-ensure", "type": "clause", "offset": [3839, 3848]}, {"key": "lender-or-lenders", "type": "definition", "offset": [3876, 3893]}, {"key": "net-amount", "type": "clause", "offset": [3904, 3914]}, {"key": "the-relevant", "type": "clause", "offset": [4047, 4059]}, {"key": "taxing-authorities", "type": "definition", "offset": [4060, 4078]}, {"key": "according-to", "type": "definition", "offset": [4079, 4091]}, {"key": "applicable-law", "type": "clause", "offset": [4092, 4106]}, {"key": "send-to", "type": "definition", "offset": [4112, 4119]}, {"key": "the-applicable", "type": "clause", "offset": [4133, 4147]}, {"key": "certified-copy", "type": "clause", "offset": [4242, 4256]}, {"key": "proof-of", "type": "clause", "offset": [4333, 4341]}, {"key": "payment-by-the-borrower", "type": "clause", "offset": [4346, 4369]}, {"key": "taxes-payable-by-the-borrower", "type": "clause", "offset": [4383, 4412]}, {"key": "the-terms", "type": "definition", "offset": [4430, 4439]}, {"key": "all-taxes", "type": "clause", "offset": [4478, 4487]}, {"key": "deductions-and-withholdings", "type": "clause", "offset": [4529, 4556]}, {"key": "with-interest", "type": "definition", "offset": [4623, 4636]}, {"key": "pursuant-to", "type": "clause", "offset": [4693, 4704]}, {"key": "fines-and-penalties", "type": "clause", "offset": [4736, 4755]}, {"key": "the-law", "type": "clause", "offset": [4852, 4859]}, {"key": "the-transactions", "type": "clause", "offset": [4926, 4942]}, {"key": "funds-in", "type": "definition", "offset": [4996, 5004]}, {"key": "delivery-of-funds", "type": "clause", "offset": [5039, 5056]}, {"key": "any-jurisdiction", "type": "definition", "offset": [5072, 5088]}, {"key": "the-united-states", "type": "definition", "offset": [5100, 5117]}, {"key": "of-the-borrower", "type": "clause", "offset": [5148, 5163]}, {"key": "in-compliance-with", "type": "definition", "offset": [5338, 5356]}], "hash": "a6b9f63f974412a0b1a0bbf63555f74b", "id": 2}, {"size": 30, "snippet": "The ACES Participating Agency using this ACES contract shall provide a Purchase Order to ACES* referencing the ACES Contract Number and a specific dollar amount or a \u201cnot to exceed amount\u201d for the products and/or services to be ordered. It is recommended that the amount be based on written quote provided by the CONTRACTOR. The Purchase Order shall include the shipping address(s) of the ACES Participating Agency receiving the order. CONTRACTOR shall invoice ACES* and ACES will invoice the ACES Participating Agency. Invoiced amounts shall include the ACES fee embedded in the cost of items/services and not listed separately on the invoice. Payments not received within 15 days of receipt of invoice shall be delinquent. Payments 15 days delinquent shall be assessed a 1.5% per month administrative fee (Procurement Code 13-1-158 (c) NMSA 1978). The ACES Participating Agency agrees to these specific terms of payment. ACES will render payment to the CONTRACTOR* after receipt of payment by the ACES Participating Agency, less the 1.5% ACES fee based on total invoice amount. *Unless a waiver has been granted by ACES authorizing direct invoicing/payment between Contractor and the Participating Agency.", "samples": [{"hash": "aoBD9KyZEdc", "uri": "/contracts/aoBD9KyZEdc#payment-procedure", "label": "Agency Agreement", "score": 34.1850471497, "published": true}, {"hash": "bsM9kOIMAW5", "uri": "/contracts/bsM9kOIMAW5#payment-procedure", "label": "Agency Agreement", "score": 33.801940918, "published": true}, {"hash": "cGR4438vZoU", "uri": "/contracts/cGR4438vZoU#payment-procedure", "label": "Agency Agreement", "score": 33.7252922058, "published": true}], "snippet_links": [{"key": "participating-agency", "type": "clause", "offset": [9, 29]}, {"key": "a-purchase-order", "type": "definition", "offset": [69, 85]}, {"key": "contract-number", "type": "clause", "offset": [116, 131]}, {"key": "dollar-amount", "type": "clause", "offset": [147, 160]}, {"key": "not-to-exceed-amount", "type": "clause", "offset": [167, 187]}, {"key": "services-to-be", "type": "clause", "offset": [213, 227]}, {"key": "based-on", "type": "clause", "offset": [274, 282]}, {"key": "provided-by-the-contractor", "type": "clause", "offset": [297, 323]}, {"key": "the-purchase-order", "type": "definition", "offset": [325, 343]}, {"key": "contractor-shall", "type": "clause", "offset": [436, 452]}, {"key": "invoiced-amounts", "type": "definition", "offset": [520, 536]}, {"key": "cost-of", "type": "definition", "offset": [580, 587]}, {"key": "services-and", "type": "clause", "offset": [594, 606]}, {"key": "payments-not-received", "type": "clause", "offset": [645, 666]}, {"key": "receipt-of-invoice", "type": "definition", "offset": [685, 703]}, {"key": "days-delinquent", "type": "definition", "offset": [737, 752]}, {"key": "per-month", "type": "clause", "offset": [778, 787]}, {"key": "administrative-fee", "type": "definition", "offset": [788, 806]}, {"key": "procurement-code", "type": "clause", "offset": [808, 824]}, {"key": "nmsa-1978", "type": "definition", "offset": [838, 847]}, {"key": "agrees-to", "type": "clause", "offset": [880, 889]}, {"key": "terms-of-payment", "type": "definition", "offset": [905, 921]}, {"key": "payment-to-the-contractor", "type": "clause", "offset": [940, 965]}, {"key": "payment-by-the", "type": "clause", "offset": [984, 998]}, {"key": "total-invoice-amount", "type": "clause", "offset": [1058, 1078]}, {"key": "granted-by", "type": "definition", "offset": [1106, 1116]}, {"key": "the-participating", "type": "clause", "offset": [1182, 1199]}], "hash": "42fa0fd534a67cba7757cba5bfedd6a3", "id": 5}, {"size": 29, "snippet": "As soon as reasonably practicable after the Effective Time, the Paying Agent shall mail to each holder of record of a certificate or certificates that immediately prior to the Effective Time represented Shares (the \"Certificates\"), (i) a letter of transmittal (which shall specify that delivery shall be effected, and risk of loss and title to the Certificates shall pass, only upon delivery of the Certificates to the Paying Agent and shall be in a form and have such other provisions as Buyer may reasonably specify) and (ii) instructions for use in effecting the surrender of the Certificates in exchange for the Tender Price for such Shares surrendered. Upon surrender of a Certificate to the Paying Agent or to such other agent or agents as may be appointed by Buyer, together with such letter of transmittal, duly executed, and such other documents as may reasonably be required by the Paying Agent, the holder of such Certificate shall be entitled to receive in exchange therefor the Tender Price for each Share theretofore represented by such Certificate which shall have been tendered. In the event of a transfer of ownership of Shares that is not registered in the transfer records of the Company, payment may be made to a person other than the person in whose name the Certificate so surrendered is registered, if such Certificate shall be properly endorsed or otherwise be in proper form for transfer and the person requesting such payment shall pay any transfer or other taxes required by reason of the payment to a person other than the registered holder of such Certificate or establish to the satisfaction of the Buyer that such tax has been paid or is not applicable. No interest will be paid or will accrue on the cash payable upon the surrender of any Certificate. If more than one million six hundred thousand (1,600,000) Shares are validly tendered prior to the Effective Time and not withdrawn, the Buyer will, upon the terms and conditions of the Offer, accept such Shares for payment on a pro rata basis as provided by Section 14(d)(6) of the Exchange Act and Rule 14(d) promulgated thereunder, with adjustments to avoid purchases of fractional Shares, based upon the number of Shares validly tendered prior to the Effective Time and not withdrawn.", "samples": [{"hash": "aiEWLKxYH9T", "uri": "/contracts/aiEWLKxYH9T#payment-procedure", "label": "Stock Purchase and Sale Agreement (Dsi Toys Inc)", "score": 18.0, "published": true}, {"hash": "5Wwwh8LwDei", "uri": "/contracts/5Wwwh8LwDei#payment-procedure", "label": "Stock Purchase and Sale Agreement (Mvii LLC)", "score": 18.0, "published": true}, {"hash": "4qiK5EQU2Ew", "uri": "/contracts/4qiK5EQU2Ew#payment-procedure", "label": "Stock Purchase and Sale Agreement (Mvii LLC)", "score": 18.0, "published": true}], "snippet_links": [{"key": "after-the-effective-time", "type": "clause", "offset": [34, 58]}, {"key": "agent-shall", "type": "definition", "offset": [71, 82]}, {"key": "mail-to", "type": "definition", "offset": [83, 90]}, {"key": "record-of", "type": "clause", "offset": [106, 115]}, {"key": "prior-to-the-effective-time", "type": "clause", "offset": [163, 190]}, {"key": "letter-of-transmittal", "type": "clause", "offset": [238, 259]}, {"key": "the-certificates", "type": "definition", "offset": [344, 360]}, {"key": "delivery-of-the", "type": "clause", "offset": [383, 398]}, {"key": "other-provisions", "type": "definition", "offset": [469, 485]}, {"key": "buyer-may", "type": "definition", "offset": [489, 498]}, {"key": "instructions-for-use", "type": "clause", "offset": [528, 548]}, {"key": "in-exchange", "type": "clause", "offset": [596, 607]}, {"key": "tender-price", "type": "definition", "offset": [616, 628]}, {"key": "other-agent", "type": "definition", "offset": [721, 732]}, {"key": "by-buyer", "type": "clause", "offset": [763, 771]}, {"key": "duly-executed", "type": "clause", "offset": [815, 828]}, {"key": "other-documents", "type": "definition", "offset": [839, 854]}, {"key": "required-by", "type": "definition", "offset": [876, 887]}, {"key": "the-holder", "type": "clause", "offset": [906, 916]}, {"key": "to-receive", "type": "definition", "offset": [955, 965]}, {"key": "represented-by", "type": "definition", "offset": [1031, 1045]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [1095, 1112]}, {"key": "ownership-of-shares", "type": "clause", "offset": [1125, 1144]}, {"key": "not-registered", "type": "clause", "offset": [1153, 1167]}, {"key": "records-of-the-company", "type": "clause", "offset": [1184, 1206]}, {"key": "a-person", "type": "clause", "offset": [1231, 1239]}, {"key": "proper-form", "type": "definition", "offset": [1388, 1399]}, {"key": "for-transfer", "type": "definition", "offset": [1400, 1412]}, {"key": "other-taxes", "type": "clause", "offset": [1478, 1489]}, {"key": "payment-to-a", "type": "clause", "offset": [1516, 1528]}, {"key": "registered-holder", "type": "clause", "offset": [1551, 1568]}, {"key": "of-the-buyer", "type": "clause", "offset": [1622, 1634]}, {"key": "not-applicable", "type": "clause", "offset": [1669, 1683]}, {"key": "no-interest", "type": "clause", "offset": [1685, 1696]}, {"key": "the-buyer-will", "type": "clause", "offset": [1917, 1931]}, {"key": "terms-and-conditions-of-the-offer", "type": "clause", "offset": [1942, 1975]}, {"key": "for-payment", "type": "clause", "offset": [1996, 2007]}, {"key": "pro-rata-basis", "type": "clause", "offset": [2013, 2027]}, {"key": "the-exchange-act", "type": "definition", "offset": [2063, 2079]}, {"key": "adjustments-to", "type": "clause", "offset": [2124, 2138]}, {"key": "fractional-shares", "type": "clause", "offset": [2158, 2175]}, {"key": "number-of-shares", "type": "definition", "offset": [2192, 2208]}], "hash": "582ce91fe3705a5f49ece23efe9e2512", "id": 6}, {"size": 33, "snippet": "Seller absolutely, unconditionally, and irrevocably, shall make, or cause to be made, all payments required to be made by Seller hereunder. Seller shall deposit or cause to be deposited all amounts constituting collection, payments and proceeds of the Note (including all fees and proceeds of sale to a third party) to the Buyer Account.", "samples": [{"hash": "cngksOQYfz0", "uri": "/contracts/cngksOQYfz0#payment-procedure", "label": "Master Repurchase Agreement (loanDepot, Inc.)", "score": 35.0807647705, "published": true}, {"hash": "aYpjYHyEJGd", "uri": "/contracts/aYpjYHyEJGd#payment-procedure", "label": "Master Repurchase Agreement (loanDepot, Inc.)", "score": 35.0807647705, "published": true}, {"hash": "8EoVQf0Cv9F", "uri": "/contracts/8EoVQf0Cv9F#payment-procedure", "label": "Master Repurchase Agreement (loanDepot, Inc.)", "score": 35.0807647705, "published": true}], "snippet_links": [{"key": "payments-required", "type": "definition", "offset": [90, 107]}, {"key": "by-seller", "type": "clause", "offset": [119, 128]}, {"key": "seller-shall", "type": "clause", "offset": [140, 152]}, {"key": "to-be-deposited", "type": "definition", "offset": [170, 185]}, {"key": "amounts-constituting", "type": "clause", "offset": [190, 210]}, {"key": "proceeds-of-the-note", "type": "clause", "offset": [236, 256]}, {"key": "all-fees", "type": "clause", "offset": [268, 276]}, {"key": "sale-to-a-third-party", "type": "clause", "offset": [293, 314]}, {"key": "buyer-account", "type": "definition", "offset": [323, 336]}], "hash": "a7152b53dfbd16eac815eabe356989bc", "id": 4}, {"size": 18, "snippet": "All payments made pursuant to this Agreement shall be made to Financial Security in lawful currency of the United States of America and in one-day clearing-house funds at Financial Security's Notice Address before 1:00 p.m. (New York City time) on the date when due.", "samples": [{"hash": "lHHrfOoEwR1", "uri": "/contracts/lHHrfOoEwR1#payment-procedure", "label": "Insurance, Indemnity and Pledge Agreement (WFS Financial 1997-a Owners Trust)", "score": 18.0, "published": true}, {"hash": "kyAsaprLyR1", "uri": "/contracts/kyAsaprLyR1#payment-procedure", "label": "Insurance, Indemnity and Pledge Agreement (WFS Receivables Corp)", "score": 18.0, "published": true}, {"hash": "d2Z0uupLG7J", "uri": "/contracts/d2Z0uupLG7J#payment-procedure", "label": "Insurance, Indemnity and Pledge Agreement (WFS Financial 1997-C Owner Trust)", "score": 18.0, "published": true}], "snippet_links": [{"key": "pursuant-to-this-agreement", "type": "clause", "offset": [18, 44]}, {"key": "to-financial-security", "type": "clause", "offset": [59, 80]}, {"key": "currency-of", "type": "definition", "offset": [91, 102]}, {"key": "the-united-states-of-america", "type": "clause", "offset": [103, 131]}, {"key": "house-funds", "type": "definition", "offset": [156, 167]}, {"key": "notice-address", "type": "clause", "offset": [192, 206]}, {"key": "new-york-city-time", "type": "definition", "offset": [225, 243]}], "hash": "d7b85493eefbaccbd8d5e28979a4d211", "id": 9}, {"size": 41, "snippet": "All payments to be made to the Lender pursuant to this Agreement or any of the Loan Documents shall be made in lawful currency of the United States of America and in immediately available funds by wire transfer to an account designated by the Lender before 1:00 p.m. (Washington, D.C. time) on the date when due.", "samples": [{"hash": "lAFPTuEN7kh", "uri": "/contracts/lAFPTuEN7kh#payment-procedure", "label": "Master Credit Facility Agreement (Mid America Apartment Communities Inc)", "score": 21.0, "published": true}, {"hash": "hRxnn0ybZsZ", "uri": "/contracts/hRxnn0ybZsZ#payment-procedure", "label": "Master Credit Facility Agreement (United Dominion Realty Trust Inc)", "score": 21.0, "published": true}, {"hash": "b6epyTTKnq0", "uri": "/contracts/b6epyTTKnq0#payment-procedure", "label": "Master Credit Facility Agreement (United Dominion Realty Trust Inc)", "score": 21.0, "published": true}], "snippet_links": [{"key": "payments-to-be-made", "type": "clause", "offset": [4, 23]}, {"key": "agreement-or", "type": "definition", "offset": [55, 67]}, {"key": "the-loan-documents", "type": "clause", "offset": [75, 93]}, {"key": "currency-of", "type": "definition", "offset": [118, 129]}, {"key": "the-united-states-of-america", "type": "clause", "offset": [130, 158]}, {"key": "transfer-to", "type": "clause", "offset": [202, 213]}, {"key": "by-the-lender", "type": "clause", "offset": [236, 249]}], "hash": "5611cd1d3f1bf77f8865e405c10d3a71", "id": 3}, {"size": 22, "snippet": "4.1. The Payment procedure is as set out in the Call-Off Contract.", "samples": [{"hash": "ljT2oDMQsGr", "uri": "/contracts/ljT2oDMQsGr#payment-procedure", "label": "Framework Agreement", "score": 33.0357246399, "published": true}, {"hash": "kyP0X5VsbF6", "uri": "/contracts/kyP0X5VsbF6#payment-procedure", "label": "Framework Agreement", "score": 33.0275115967, "published": true}, {"hash": "gsxoxetGiFZ", "uri": "/contracts/gsxoxetGiFZ#payment-procedure", "label": "Framework Agreement", "score": 33.0275115967, "published": true}], "snippet_links": [{"key": "the-payment", "type": "clause", "offset": [5, 16]}, {"key": "set-out", "type": "definition", "offset": [33, 40]}], "hash": "fdd6c02ee4859e23783015a483bd1366", "id": 7}, {"size": 19, "snippet": "In the event of the incurrence by Financial Security of any cost or expense or any payment by Financial Security for which it is entitled to be reimbursed or indemnified as provided above Arcadia Financial agrees to accept the voucher or other evidence of payment as prima facie evidence of the propriety thereof and the liability therefor to Financial Security. All payments to be made to Financial Security under this Agreement shall be made to Financial Security in lawful currency of the United States of America in immediately available funds to the account number provided in the Premium Letter before 1:00 p.m. (New York, New York time) on the date when due or as Financial Security shall otherwise direct by written notice to Arcadia Financial. In the event that the date of any payment to Financial Security or the expiration of any time period hereunder occurs on a day which is not a Business Day, then such payment or expiration of time period shall be made or occur on the next succeeding Business Day with the same force and effect as if such payment was made or time period expired on the scheduled date of payment or expiration date. Payments to be made to Financial Security under this Agreement shall bear interest at the Late Payment Rate from the date when due to the date paid.", "samples": [{"hash": "1JdcawDuz7c", "uri": "/contracts/1JdcawDuz7c#payment-procedure", "label": "Insurance and Indemnity Agreement (Arcadia Financial LTD)", "score": 20.0, "published": true}, {"hash": "kWtUwDXVZem", "uri": "/contracts/kWtUwDXVZem#payment-procedure", "label": "Insurance and Indemnity Agreement (Arcadia Financial LTD)", "score": 18.0, "published": true}, {"hash": "kL8MNuaQ0pL", "uri": "/contracts/kL8MNuaQ0pL#payment-procedure", "label": "Insurance and Indemnity Agreement (Arcadia Financial LTD)", "score": 18.0, "published": true}], "snippet_links": [{"key": "in-the-event-of", "type": "clause", "offset": [0, 15]}, {"key": "security-of", "type": "clause", "offset": [44, 55]}, {"key": "payment-by", "type": "clause", "offset": [83, 93]}, {"key": "agrees-to", "type": "clause", "offset": [206, 215]}, {"key": "evidence-of-payment", "type": "clause", "offset": [244, 263]}, {"key": "prima-facie-evidence", "type": "clause", "offset": [267, 287]}, {"key": "the-liability", "type": "clause", "offset": [317, 330]}, {"key": "to-financial-security", "type": "clause", "offset": [340, 361]}, {"key": "payments-to-be-made", "type": "clause", "offset": [367, 386]}, {"key": "this-agreement", "type": "clause", "offset": [415, 429]}, {"key": "currency-of", "type": "definition", "offset": [476, 487]}, {"key": "the-united-states-of-america", "type": "clause", "offset": [488, 516]}, {"key": "immediately-available-funds", "type": "definition", "offset": [520, 547]}, {"key": "account-number", "type": "definition", "offset": [555, 569]}, {"key": "premium-letter", "type": "clause", "offset": [586, 600]}, {"key": "new-york-time", "type": "definition", "offset": [629, 642]}, {"key": "notice-to", "type": "clause", "offset": [724, 733]}, {"key": "payment-to", "type": "clause", "offset": [787, 797]}, {"key": "any-time-period", "type": "clause", "offset": [838, 853]}, {"key": "a-day", "type": "definition", "offset": [874, 879]}, {"key": "not-a-business-day", "type": "clause", "offset": [889, 907]}, {"key": "expiration-of-time", "type": "clause", "offset": [930, 948]}, {"key": "force-and-effect", "type": "clause", "offset": [1029, 1045]}, {"key": "date-of-payment", "type": "definition", "offset": [1114, 1129]}, {"key": "expiration-date", "type": "definition", "offset": [1133, 1148]}, {"key": "late-payment-rate", "type": "clause", "offset": [1240, 1257]}], "hash": "3ec84c44d3bf53a6abe51866f3629276", "id": 8}, {"size": 3293, "snippet": "(a) The Lead Securitization Note Holder (or the Master Servicer acting on its behalf), in accordance with the priorities set forth in Section 3 and subject to the terms of the Lead Securitization Servicing Agreement, shall deposit or cause to be deposited all payments allocable to the Notes to the Collection Account and/or related Companion Distribution Account (each as defined in the Lead Securitization Servicing Agreement) pursuant to and in accordance with the Lead Securitization Servicing Agreement. The Lead Securitization Note Holder (or the Master Servicer acting on its behalf) shall deposit such payments to the applicable account within one Business Day of receipt of properly identified and available funds by the Lead Securitization Note Holder (or the Master Servicer acting on its behalf) from or on behalf of the Mortgage Loan Borrower (provided, that to the extent that any payment is received after 2:00 p.m. (Eastern Time) on any given Business Day, the Master Servicer is required to use commercially reasonable efforts to deposit such payments into the applicable account within one (1) Business Day of receipt of such properly identified and available funds but, in any event, the Master Servicer is required to deposit such payments into the applicable account within two (2) Business Days of receipt of such properly identified and available funds).\n(b) If the Lead Securitization Note Holder determines, or a court of competent jurisdiction orders, at any time that any amount received or collected in respect of any Note must, pursuant to any insolvency, bankruptcy, fraudulent conveyance, preference or similar law, be returned to the Mortgage Loan Borrower or paid to any Note Holder or any Servicer or paid to any other Person, then, notwithstanding any other provision of this Agreement, the Lead Securitization Note Holder shall not be required to distribute any portion thereof to any Non-Lead Securitization Note Holder and each Non-Lead Securitization Note Holder shall promptly on demand by the Lead Securitization Note Holder repay to the Lead Securitization Note Holder any portion thereof that the Lead Securitization Note Holder shall have theretofore distributed to such Non-Lead Securitization Note Holder, together with interest thereon at such rate, if any, as the Lead Securitization Note Holder shall have been required to pay to any Mortgage Loan Borrower, Master Servicer, Special Servicer or such other Person with respect thereto.\n(c) If, for any reason, the Lead Securitization Note Holder makes any payment to any Non-Lead Securitization Note Holder before the Lead Securitization Note Holder has received the corresponding payment (it being understood that the Lead Securitization Note Holder is under no obligation to do so), and the Lead Securitization Note Holder does not receive the corresponding payment within five (5) Business Days of its payment to such Non-Lead Securitization Note Holder, such Non-Lead Securitization Note Holder shall, at the Lead Securitization Note Holder\u2019s request, promptly return that payment to the Lead Securitization Note Holder.\n(d) Each Note Holder agrees that if at any time it shall receive from any sources whatsoever any payment on account of the Mortgage Loan in excess of its distributable share thereof, it shall promptly remit such excess to the applicable Note Holder, subject to this Agreement and the Lead Securitization Servicing Agreement. The Lead Securitization Note Holder shall have the right to offset any amounts due hereunder from a Non-Lead Securitization Note Holder with respect to the Mortgage Loan against any future payments due to such Non-Lead Securitization Note Holder under the Mortgage Loan. Such Non-Lead Securitization Note Holder\u2019s obligations under this Section 8 constitute absolute, unconditional and continuing obligations.", "samples": [{"hash": "6GvaqjHysqy", "uri": "/contracts/6GvaqjHysqy#payment-procedure", "label": "Agreement Between Note Holders (Bank 2024-Bnk47)", "score": 35.4476394653, "published": true}, {"hash": "h86ATdEKIbo", "uri": "/contracts/h86ATdEKIbo#payment-procedure", "label": "Agreement Between Note Holders (BMO 2024-C8 Mortgage Trust)", "score": 35.2094459534, "published": true}, {"hash": "8ZyhxmaCYp2", "uri": "/contracts/8ZyhxmaCYp2#payment-procedure", "label": "Agreement Between Note Holders (MSWF Commercial Mortgage Trust 2023-2)", "score": 34.9438743591, "published": true}], "snippet_links": [{"key": "lead-securitization-note-holder", "type": "definition", "offset": [8, 39]}, {"key": "the-master-servicer", "type": "clause", "offset": [44, 63]}, {"key": "in-accordance-with", "type": "definition", "offset": [87, 105]}, {"key": "in-section-3", "type": "clause", "offset": [131, 143]}, {"key": "terms-of-the", "type": "clause", "offset": [163, 175]}, {"key": "lead-securitization-servicing-agreement", "type": "definition", "offset": [176, 215]}, {"key": "to-be-deposited", "type": "definition", "offset": [240, 255]}, {"key": "all-payments", "type": "definition", "offset": [256, 268]}, {"key": "the-notes", "type": "clause", "offset": [282, 291]}, {"key": "the-collection-account", "type": "clause", "offset": [295, 317]}, {"key": "companion-distribution-account", "type": "definition", "offset": [333, 363]}, {"key": "pursuant-to-and-in", "type": "clause", "offset": [429, 447]}, {"key": "applicable-account", "type": "definition", "offset": [626, 644]}, {"key": "receipt-of", "type": "clause", "offset": [672, 682]}, {"key": "funds-by", "type": "definition", "offset": [717, 725]}, {"key": "on-behalf-of", "type": "definition", "offset": [816, 828]}, {"key": "mortgage-loan-borrower", "type": "definition", "offset": [833, 855]}, {"key": "to-the-extent", "type": "clause", "offset": [872, 885]}, {"key": "eastern-time", "type": "definition", "offset": [932, 944]}, {"key": "use-commercially-reasonable-efforts", "type": "clause", "offset": [1008, 1043]}, {"key": "business-days-of-receipt", "type": "clause", "offset": [1303, 1327]}, {"key": "court-of-competent-jurisdiction", "type": "clause", "offset": [1438, 1469]}, {"key": "at-any-time", "type": "clause", "offset": [1478, 1489]}, {"key": "amount-received", "type": "clause", "offset": [1499, 1514]}, {"key": "in-respect-of", "type": "clause", "offset": [1528, 1541]}, {"key": "fraudulent-conveyance", "type": "definition", "offset": [1597, 1618]}, {"key": "similar-law", "type": "clause", "offset": [1634, 1645]}, {"key": "any-other-person", "type": "definition", "offset": [1743, 1759]}, {"key": "other-provision-of-this-agreement", "type": "clause", "offset": [1787, 1820]}, {"key": "to-distribute", "type": "definition", "offset": [1880, 1893]}, {"key": "any-non", "type": "clause", "offset": [1917, 1924]}, {"key": "on-demand", "type": "clause", "offset": [2017, 2026]}, {"key": "with-interest", "type": "definition", "offset": [2261, 2274]}, {"key": "pay-to", "type": "definition", "offset": [2372, 2378]}, {"key": "special-servicer", "type": "definition", "offset": [2424, 2440]}, {"key": "for-any-reason", "type": "clause", "offset": [2492, 2506]}, {"key": "corresponding-payment", "type": "clause", "offset": [2665, 2686]}, {"key": "no-obligation-to", "type": "clause", "offset": [2758, 2774]}, {"key": "payment-to-the", "type": "clause", "offset": [3075, 3089]}, {"key": "payment-on-account", "type": "definition", "offset": [3220, 3238]}, {"key": "applicable-note", "type": "definition", "offset": [3349, 3364]}, {"key": "to-this-agreement", "type": "clause", "offset": [3381, 3398]}, {"key": "right-to-offset", "type": "clause", "offset": [3499, 3514]}, {"key": "amounts-due-hereunder", "type": "clause", "offset": [3519, 3540]}, {"key": "a-non", "type": "clause", "offset": [3546, 3551]}, {"key": "with-respect-to", "type": "clause", "offset": [3584, 3599]}, {"key": "payments-due", "type": "clause", "offset": [3637, 3649]}, {"key": "section-8", "type": "definition", "offset": [3785, 3794]}, {"key": "continuing-obligations", "type": "clause", "offset": [3834, 3856]}], "hash": "85c809d9a77378f71b7338132bea5250", "id": 1}, {"size": 17, "snippet": "In the event of any payment by the Note Insurer, the Indenture Trustee and the Servicer agree to accept the voucher or other evidence of payment as prima facie evidence of the propriety thereof and the liability therefor to the Note Insurer. All payments to be made to the Note Insurer under this Insurance Agreement shall be made to the Note Insurer in lawful currency of the United States of America in immediately available funds at the notice address for the Note Insurer as specified in the Indenture on the date when due or as the Note Insurer shall otherwise direct by written notice to the other parties hereto. In the event that the date of any payment to the Note Insurer or the expiration of any time period hereunder occurs on a day which is not a Business Day, then such payment or expiration of time period shall be made or occur on the next succeeding Business Day with the same force and effect as if such payment was made or time period expired on the scheduled date of payment or expiration date. Payments to be made to the Note Insurer under this Insurance Agreement shall bear interest at the Late Payment Rate from the date when due to the date paid.", "samples": [{"hash": "j8gvN3yLOfb", "uri": "/contracts/j8gvN3yLOfb#payment-procedure", "label": "Insurance Agreement (Capital One Auto Receivables LLC)", "score": 21.0, "published": true}, {"hash": "i0Umn00WFuL", "uri": "/contracts/i0Umn00WFuL#payment-procedure", "label": "Insurance Agreement (Capital One Auto Receivables LLC)", "score": 21.0, "published": true}, {"hash": "do4pCi0Xoqv", "uri": "/contracts/do4pCi0Xoqv#payment-procedure", "label": "Insurance Agreement (Capital One Auto Finance Trust 2005-A)", "score": 21.0, "published": true}], "snippet_links": [{"key": "in-the-event-of", "type": "clause", "offset": [0, 15]}, {"key": "the-note-insurer", "type": "clause", "offset": [31, 47]}, {"key": "the-indenture-trustee", "type": "definition", "offset": [49, 70]}, {"key": "the-servicer", "type": "clause", "offset": [75, 87]}, {"key": "agree-to", "type": "clause", "offset": [88, 96]}, {"key": "evidence-of-payment", "type": "clause", "offset": [125, 144]}, {"key": "prima-facie-evidence", "type": "clause", "offset": [148, 168]}, {"key": "the-liability", "type": "clause", "offset": [198, 211]}, {"key": "payments-to-be-made", "type": "clause", "offset": [246, 265]}, {"key": "insurance-agreement", "type": "definition", "offset": [297, 316]}, {"key": "currency-of", "type": "definition", "offset": [361, 372]}, {"key": "the-united-states-of-america", "type": "clause", "offset": [373, 401]}, {"key": "immediately-available-funds", "type": "definition", "offset": [405, 432]}, {"key": "notice-address", "type": "clause", "offset": [440, 454]}, {"key": "as-specified", "type": "clause", "offset": [476, 488]}, {"key": "parties-hereto", "type": "definition", "offset": [604, 618]}, {"key": "payment-to-the", "type": "clause", "offset": [654, 668]}, {"key": "any-time-period", "type": "clause", "offset": [703, 718]}, {"key": "a-day", "type": "definition", "offset": [739, 744]}, {"key": "not-a-business-day", "type": "clause", "offset": [754, 772]}, {"key": "expiration-of-time", "type": "clause", "offset": [795, 813]}, {"key": "force-and-effect", "type": "clause", "offset": [894, 910]}, {"key": "date-of-payment", "type": "definition", "offset": [979, 994]}, {"key": "expiration-date", "type": "definition", "offset": [998, 1013]}, {"key": "late-payment-rate", "type": "clause", "offset": [1113, 1130]}], "hash": "e48704880e15c769aede9e992955f13c", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhpwYXltZW50LXByb2NlZHVyZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Payment Procedure", "size": 5030, "children": [["", ""], ["bursary-payment-governance", "BURSARY PAYMENT GOVERNANCE"], ["progress-payments", "Progress Payments"], ["form-of-payment", "Form of Payment"], ["place-of-payment-and-filing", "Place of Payment and Filing"]], "parents": [["payments-recoveries-and-collections", "Payments Recoveries and Collections"], ["miscellaneous", "Miscellaneous"], ["compensation", "Compensation"], ["general-terms", "General Terms"], ["the-merger", "The Merger"]], "id": "payment-procedure", "related": [["settlement-procedure", "Settlement Procedure", "Settlement Procedure"], ["payment-procedures", "Payment Procedures", "<strong>Payment Procedures</strong>"], ["disbursement-procedure", "Disbursement Procedure", "Disbursement Procedure"], ["reimbursement-procedure", "Reimbursement Procedure", "Reimbursement Procedure"], ["adjustment-procedure", "Adjustment Procedure", "Adjustment Procedure"]], "related_snippets": [], "updated": "2026-05-15T04:24:17+00:00"}, "json": true, "cursor": ""}}