Payments Computations Taxes. (a) Except as otherwise specifically provided herein, all payments under this Agreement and the other Credit Documents shall be made without defense, set-off or counterclaim to the Issuer or the Administrative Agent (as applicable) not later than 1:00 PM (Atlanta, Georgia time) on the date when due and shall be made in Dollars in immediately available funds at its Payment Office. Funds received after that time shall be deemed to have been received by the Issuer or Administrative Agent (as applicable) on the next succeeding Business Day.
Appears in 2 contracts
Samples: Credit Facility Agreement (Ironton Iron Inc), Credit Facility Agreement (Intermet Corp)
Payments Computations Taxes. (a) Except as otherwise specifically provided herein, all payments under this Agreement and the other Credit Documents shall be made without defense, set-off or counterclaim to the Issuer or the Administrative Agent (as applicable) not later than 1:00 PM (Atlanta, Georgia time) on the date when due and shall be made in Dollars in immediately available funds at its Payment Office. Funds received after that time shall be deemed to have been received by the Issuer or Administrative Agent (as applicable) on the next succeeding Business Day.
Appears in 2 contracts
Samples: Credit Agreement (Intermet Corp), Credit Agreement (Ironton Iron Inc)
