Payment after Failure to Preadvise or Late Payment Sample Clauses

Payment after Failure to Preadvise or Late Payment. The Issuing and Principal Paying Agent shall forthwith notify by fax each of the other Agents, the Issuer, the Guarantor, the Trustee, and, if requested by the Trustee, the Noteholders if at any time following the giving of a notice by the Issuing and Principal Paying Agent under Clauses 4.3 or 4.5 either any payment provided for in Clause 4.1 is made on or after its due date but otherwise in accordance with this Agreement or the Issuing and Principal Paying Agent is satisfied that it will receive such payment.
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Payment after Failure to Preadvise or Late Payment. The Issuing and Paying Agent shall forthwith notify in writing each of the other Agents, the relevant Issuer, the Trustee, and, if requested by the Trustee, the Noteholders if at any time following the giving of a notice by the Issuing and Paying Agent under sub-Clauses 4.3 or 4.5 either any payment provided for in sub-Clause 4.1 is made on or after its due date but otherwise in accordance with this Agreement or the Issuing and Paying Agent is satisfied that it will receive such payment.
Payment after Failure to Preadvise or Late Payment. The Fiscal Agent shall forthwith notify by fax and/or email each of the other Agents, the Issuer and any Guarantor if at any time following the giving of a notice by the Fiscal Agent under sub-Clauses 4.3 or 4.5 either any payment provided for in sub-Clause 4.1 is made on or after its due date but otherwise in accordance with this Agreement or the Fiscal Agent is satisfied that it will receive such payment.
Payment after Failure to Preadvise or Late Payment. The Issuing and Paying Agent shall forthwith notify each of the other Agents, the Issuer, the Trustee, and, if requested by the Trustee, the Noteholders if at any time following the giving of a notice by the Issuing and Paying Agent under sub-Clauses 4.3 or 4.5 either any payment provided for in sub-Clause 4.1 is made on or after its due date but otherwise in accordance with this Agreement or the Issuing and Paying Agent is satisfied that it will receive such payment. If any payment is made late but otherwise in accordance with this Agreement, the Paying Agents may (but are not obliged to) nevertheless make such payments in respect of the Notes. However, unless and until the full amount of any such payment has been made to the Principal Paying Agent for payment to the Noteholders, neither it nor any Paying Agent will be bound (but shall be entitled) to make such payments.

Related to Payment after Failure to Preadvise or Late Payment

  • Failure to Make Payment In the event a participating Authorized User fails to make payment to the Contractor for Products delivered, accepted and properly invoiced, within thirty calendar days of such delivery and acceptance, the Contractor may, upon five business days advance written notice to both the Commissioner and the Authorized User’s purchasing official, suspend additional shipments of Product or provision of services to such entity until such time as reasonable arrangements have been made and assurances given by such entity for current and future Contract payments.

  • Treatment of Each Installment as a Separate Payment For purposes of applying the provisions of Section 409A to this Agreement, each separately identified amount to which the Executive is entitled under this Agreement shall be treated as a separate payment. In addition, to the extent permissible under Section 409A, any series of installment payments under this Agreement shall be treated as a right to a series of separate payments.

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