Common use of Payments from Borrower Clause in Contracts

Payments from Borrower. All payments (including prepayments) to Agent of the principal of or interest on any Loan or other payment, including but not limited to principal, interest or fees, or any other amount owed by Borrower under this Agreement, shall be made in Dollars. All payments described in this subsection (b) shall be remitted to Agent, at the address of Agent for notices referred to in Section 10.4 hereof, for the account of the Lenders (or the Fronting Lender or the Swing Line Lender, as appropriate) not later than 10:00 A.M. (Mountain time) on the due date thereof in immediately available funds. Other than with respect to payments made by wire transfer that are released by Borrower by 10:00 A.M. (Mountain time), any such payments received by Agent after 10:00 A.M. (Mountain time) shall be deemed to have been made and received on the next Business Day.

Appears in 3 contracts

Samples: Credit Agreement (Teletech Holdings Inc), Assignment and Acceptance Agreement (Teletech Holdings Inc), Credit Agreement (Teletech Holdings Inc)

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Payments from Borrower. All payments (including prepayments) to Agent of the principal of or interest on any Loan or other payment, including but not limited to principal, interest or fees, or any other amount owed by Borrower under this Agreement, shall be made to Agent and shall be made in Dollars. All payments described in this subsection (b) shall be remitted to Agent, Agent at the address of Agent for notices referred to in Section 10.4 hereof, for the account of the Lenders (or the Fronting Lender or the Swing Line Lender, as appropriate) not later than 10:00 A.M. 1:00 P.M. (Mountain Eastern time) on the due date thereof in immediately available funds. Other than with respect to payments made by wire transfer that are released by Borrower by 10:00 A.M. (Mountain time), any Any such payments received by Agent after 10:00 A.M. 1:00 P.M. (Mountain Eastern time) shall be deemed to have been made and received on the next Business Day.

Appears in 2 contracts

Samples: Credit Agreement (Cintas Corp), Credit Agreement (Cintas Corp)

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Payments from Borrower. All payments (including prepayments) to Agent of the principal of or interest on any each Loan or other payment, including but not limited to principal, interest or feesinterest, fees or any other amount owed by Borrower under this Agreement, shall be made in Dollars. All payments described in this subsection (b) shall be remitted to Agent, at the address of Agent for notices referred to in Section 10.4 hereof, 11.4 hereof for the account of the Revolving Lenders (or the Fronting Lender or the Swing Line Lender, as appropriate) not later than 10:00 A.M. 1:00 P.M. (Mountain Eastern time) on the due date thereof in immediately available funds. Other than with respect to payments made by wire transfer that are released by Borrower by 10:00 A.M. (Mountain time), any Any such payments received by Agent after 10:00 A.M. 1:00 P.M. (Mountain Eastern time) shall be deemed to have been made and received on the next Business Day.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Epiq Systems Inc)

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