Common use of Reference Payments Clause in Contracts

Reference Payments. Except as otherwise provided in this Agreement and the Related Agreements, all payments due from Itau hereunder pursuant to Article 8 and 9 and any Reference Payments and Pro-Rata Fees shall be made to AOLA or AOLB (as designated by AOLA in its sole discretion), by means of a wire transfer of United States dollars in immediately available funds on or before the date due to an account specified in writing by AOLA to Itau.