Manner of Payment. The total amount of any principal, premium, if any, and interest due on Book-Entry Notes on any Interest Payment Date or at Maturity shall be paid by the Company to the Trustee in funds available for use by the Trustee as of 9:30 A.M., New York City time, on such date. The Company will make such payment on such Book-Entry Notes by instructing the Trustee to withdraw funds from an account maintained by the Company at the Trustee. The Company will confirm such instructions in writing to the Trustee. Prior to 10:00 A.M. on each Maturity Date, the Trustee upon the withdrawal of such funds will pay by separate wire transfer (using Fedwire message entry instructions on a form previously specified by DTC) to an account at the Federal Reserve Bank of New York previously specified by DTC, in funds available for immediate use by DTC, each payment of interest, principal and premium, if any, due on a Book-Entry Note on such date. On each Interest Payment Date, interest payments shall be made to DTC in same day funds in accordance with existing arrangements between the Trustee and DTC. Thereafter, on such dates DTC will pay in accordance with its SDFS operating procedures then in effect such amounts in funds available for immediate use to the respective Participants in whose names such Notes are recorded in the book-entry system maintained by DTC. Neither the Company nor the Trustee shall have any responsibility or liability for the payment by DTC of the principal of, or interest on, the Book-Entry Notes to such Participants.
Manner of Payment. The total amount of any principal and interest due on Global Notes on any Interest Payment Date or at maturity shall be paid by the Issuer to the Trustee in funds available for use by the Trustee as of 9:30 A.M. (New York City time), or as soon as practicable thereafter on such date. The Issuer will confirm instructions regarding payment in writing to the Trustee. Prior to 10:00 A.M. (New York City time) on each Maturity Date or as soon as possible thereafter, following receipt of such funds from the Issuer, the Trustee will pay by separate wire transfer (using Fedwire message entry instructions in a form previously specified by DTC) to an account at the Federal Reserve Bank of New York previously specified by DTC, in funds available for immediate use by DTC, each payment of principal (together with interest thereon) due on Global Notes on any Maturity Date. On each Interest Payment Date, interest payments shall be made to DTC in same-day funds in accordance with existing arrangements between the Trustee and DTC. Thereafter, on each such date, DTC will pay, in accordance with its SDFS operating procedures then in effect, such amounts in funds available for immediate use to the respective Participants in whose names the Book-Entry Notes represented by such Global Notes are recorded in the book-entry system maintained by DTC. Neither the Issuer nor the Trustee shall have any direct responsibility or liability for the payment by DTC to such Participants of the principal of and interest on the Book-Entry Notes.
Manner of Payment. The Principal Sum shall be due and payable on the Revolving Loan Maturity Date, and at maturity, whether by acceleration or otherwise. Accrued interest shall be due and payable as set forth in the Loan Agreement.
Examples of Manner of Payment in a sentence
Manner of Payment of ClaimsThe Subscriber authorizes that any benefit payment due as a lump sum of $5,000.00 or more shall be credited to a draft account with the Insurance Company, in the name of the beneficiary.
The unpaid balance accrues interest if the corrected invoice is not paid by the appropriate date.9.3. Time and Manner of Payment: Pursuant to Texas Gov’t Code Chapter 2251, payment by TPWD is overdue on the 31st day after the later of: (1) the date the TPWD receives the goods under the Contract; (2) the date the performance of the service under the contract is completed; or (3) the date the TPWD receives the invoice for the goods or service.
The unpaid balance accrues interest if the corrected invoice is not paid by the appropriate date.9.3 Time and Manner of Payment: Pursuant to Texas Gov’t Code Chapter 2251, payment by TPWD is overdue on the 31st day after the later of: (1) the date the TPWD receives the goods under the Contract; (2) the date the performance of the service under the Contract is completed; or (3) the date the TPWD receives the invoice for the goods or service.
Manner of Payment of ClaimsThe Policyholder authorizes that any benefit payment due as a lump sum of $5,000.00 or more shall be credited to a draft account with the Insurance Company, in the name of the beneficiary.
Manner of Payment – Progress payments will be made on the basis of hours of work completed during the course of the engagement and out-of-pocket expenses incurred in accordance with the firm’s dollar cost bid proposal.
More Definitions of Manner of Payment
Manner of Payment. The total amount of any principal and interest due on Certificated Notes on any interest payment date or at maturity shall be paid by the 41 -41- Company to AGENT in immediately available funds as of 9:30 A.M. (New York City time) on such date. The Company will make such payment on such Certificated Notes by wire transfer to AGENT or by instructing AGENT to withdraw funds from an account maintained by the Company at AGENT. The Company will confirm such instructions in writing to AGENT. Authenticity The Agents will have no obligation or of Signatures: liability to the Company or AGENT in respect of the authenticity of the signature of any officer, employee or agent of the Company or AGENT on any Certificated Note.
Manner of Payment. All payments of the Principal Sum and accrued interest in respect of this Note shall be made to the Administrative Agent not later than 1:00 p.m. (Ohio time) on the date due at the address set forth above to the Administrative Agent in lawful money of the United States of America in immediately available funds. The Principal Sum shall be due and payable pursuant to the terms set forth in the Credit Agreement, and upon acceleration of the Principal Sum in accordance with the terms of the Credit Agreement. The Company also promises to pay interest on the unpaid Principal Sum borrowed hereunder from the date advanced until paid at the rates (which shall not exceed the maximum rate permitted by applicable law) and at the time determined in accordance with the provisions of the Credit Agreement.
Manner of Payment. The total amount of any principal, premium, if any, and interest due on Book-Entry Notes on any Interest Payment Date, Maturity Date, Redemption Date, Optional Repayment Date or repayment date on exercise of a Survivor's Option, as the case may be, shall be paid by the Company to the Trustee in immediately available funds as of 9:30 a.m., New York City time, on such date. The Company will make such payment on such Book-Entry Notes by instructing the Trustee to withdraw funds from an account maintained by the Company with the Trustee, by wire transfer to the Trustee or as otherwise agreed with the Trustee. The Company will confirm such instructions in writing to the Trustee. Prior to 10:00 a.m., New York City time, on the Maturity Date, Redemption Date, Optional Repayment Date or repayment date on exercise of a Survivor's Option, as the case may be, or as soon as possible thereafter, the Trustee will make payment to DTC in accordance with existing arrangements between DTC and the Trustee, in funds available for immediate use by DTC, each payment of interest, principal and premium, if any, due on a Book-Entry Note on such date. On each Interest Payment Date (other than on the Maturity Date, Redemption Date, Optional Repayment Date or repayment date on exercise of a Survivor's Option, as the case may be) the Trustee will pay DTC such interest payments in same-day funds in accordance with existing arrangements between the Trustee and DTC. Thereafter, on each such date, DTC will pay, in accordance with its SDFS operating procedures then in effect, such amounts in funds available for immediate use to the respective Participants with payments in amounts proportionate to their respective holdings in principal amount of beneficial interest in such Book-Entry Note as are recorded in the book-entry system maintained by DTC. Neither the Company nor the Trustee shall have any direct responsibility or liability for the payment by DTC of the principal of, or premium, if any, or interest on, the Notes to such Participants.
Manner of Payment. The total amount of any principal, premium, if any, and interest due on Global Notes on any Interest Payment Date or at Maturity shall be paid by the Company to the Trustee in immediately available funds on such date. The Company will make such payment on such Global Notes by instructing the Trustee to withdraw funds from an account maintained by the Company with The Chase Manhattan Bank, by wire transfer to The Chase Manhattan Bank or as otherwise agreed with the Trustee. The Company will confirm such instructions in writing to the Trustee. Prior to 10:00 a.m., New York City time, on the date of Maturity or as soon as possible thereafter, the Trustee will make payment to DTC in accordance with existing arrangements between DTC and the Trustee, in funds available for immediate use by DTC, each payment of interest, principal and premium, if any, due on a Global Note on such date. On each Interest Payment Date (other than on the Maturity Date) the Trustee will pay DTC such interest payments in same-day funds in accordance with existing arrangements between the Trustee and DTC. Thereafter, on each such date, DTC will pay, in accordance with its SDFS operating procedures then in effect, such amounts in funds available for immediate use to the respective Participants with payments in amounts proportionate to their respective holdings in principal amount of beneficial interest in such Global Note as are recorded in the book-entry system maintained by DTC. Neither the Company nor the Trustee shall have any direct responsibility or liability for the payment by DTC of the principal of, or premium, if any, or interest on, the Notes to such Participants.
Manner of Payment. All alimony payments shall be made via Income Withholding Order.
Manner of Payment. All payments by the AOC required by this Contract shall be payable by State of California warrants or any other warrant from any account utilized by the AOC.
Manner of Payment. The monthly rent is payable by Qingchuang Lixiang to Xxxx Xxxx Investment five days in advance of each month. Renovation: Pursuant to the Cooperation Agreement, Qingchuang Lixiang agreed to invest not less than RMB15 million in renovation of the Premises, of which approximately RMB 0 . 6 million had already been invested by Qingchuangshe under the Former Cooperation Agreement and will be reimbursed by Qingchuang Lixiang under the Expense Reimbursement Agreement. Please refer to the paragraph headed “Discloseable and connected transactions – Reimbursement Agreements” below for details. If Qingchuang Lixiang fails to invest the required amount within 20 months from the date of the Cooperation Agreement, Xxxx Xxxx Investment shall be entitled to forfeit the Renovation Deposit and terminate the Cooperation Agreement. The monthly rent and other relevant expenses were paid/will be paid through the Group’s internal source of funding.