Common use of Payment Without Offset Clause in Contracts

Payment Without Offset. Principal and Interest shall be paid without deduction or offset in immediately available funds in lawful money of the United States of America. Payments shall be deemed received only upon actual receipt by ▇▇▇▇▇ and upon ▇▇▇▇▇'s application of such payments as provided herein.

Appears in 6 contracts

Sources: Promissory Note (Redwood Mortgage Investors IX), Promissory Note (Redwood Mortgage Investors IX), Promissory Note (Redwood Mortgage Investors IX)

Payment Without Offset. Principal and Interest interest shall be paid without deduction or offset in immediately available funds in lawful money of the United States of America. Payments shall be deemed received only upon actual receipt by ▇▇▇▇▇ and upon ▇▇▇▇▇'s application of such payments as provided herein.

Appears in 3 contracts

Sources: Promissory Note (Redwood Mortgage Investors Viii), Promissory Note (Redwood Mortgage Investors Viii), Promissory Note (Redwood Mortgage Investors Viii)

Payment Without Offset. Principal and Interest interest shall be paid without deduction or offset in immediately available funds in lawful money of the United States of America. Payments shall be deemed received only upon actual receipt by ▇▇▇▇▇ and upon ▇▇▇▇▇'s application of such payments as provided hereinLender.

Appears in 1 contract

Sources: Discretionary Loan, Security and Pledge Agreement (Antex Biologics Inc)