Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. (New York time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 3 contracts
Samples: Possession Term Loan Agreement (Colt Finance Corp.), Term Loan Agreement (Colt Defense LLC), Term Loan Agreement (Colt Finance Corp.)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower Borrowers shall be made to Agent’s 's Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 2:00 p.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 2:00 p.m. (New York time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 3 contracts
Samples: Contingent Warrant Agreement (Advanced Lighting Technologies Inc), Loan and Security Agreement (Advanced Lighting Technologies Inc), Loan and Security Agreement (Phibro Animal Health Corp)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower shall may be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. (New York time) shall may be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 3 contracts
Samples: Credit Agreement (Colt Finance Corp.), Credit Agreement (Colt Finance Corp.), Credit Agreement (Colt Defense LLC)
Payments by Borrowers. (i1) Except as otherwise expressly provided herein, all payments by any Borrower Borrowers shall be made to Agent’s Account for the account of Agent or Lenders, as the Lender Group and case may be, such payments shall be made in immediately available funds, no later than 11:00 a.m. 2:30 p.m. (New York, New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 2:30 p.m. (New York, New York time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 2 contracts
Samples: Loan and Security Agreement (West Marine Inc), Loan and Security Agreement (West Marine Inc)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower the Borrowers shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 2:00 p.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 2:00 p.m. (New York time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 2 contracts
Samples: Credit Agreement (Stream Global Services, Inc.), Credit Agreement (Stream Global Services, Inc.)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower Borrowers shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. (New York time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Samples: Credit Agreement (Buca Inc /Mn)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 2:00 p.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 2:00 p.m. (New York time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Samples: Credit Agreement (Sirva Inc)
Payments by Borrowers. (ia) Except as otherwise expressly provided herein, all payments by any Borrower Borrowers shall be made to Agent’s Account for the account of Agent or Lenders, as the Lender Group and case may be, such payments shall be made in immediately available funds, no later than 11:00 a.m. 2:30 p.m. (New York, New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 2:30 p.m. (New York, New York time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower Borrowers shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 2:00 p.m. (New York time) on the date specified herein. Any payment received by Administrative Agent later than 11:00 a.m. 2:00 p.m. (New York time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower Borrowers shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 2:00 p.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 2:00 p.m. (New York time) shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Samples: Credit Agreement (Medquist Inc)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower Borrowers shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 2:00 p.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 2:00 p.m. (New York time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower (or on behalf of) Borrowers shall be made to Agent’s 's Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 4:00 p.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 4:00 p.m. (New York time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
Samples: Credit Agreement (WHX Corp)
Payments by Borrowers. (i) Except as otherwise expressly provided herein, all payments by any Borrower Borrowers shall be made to Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 11:00 a.m. 2:00 p.m. (New York time) on the date specified herein. Any payment received by Agent later than 11:00 a.m. 2:00 p.m. (New York time) ), shall be deemed to have been received on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day.
Appears in 1 contract
