Payments 3 Sample Clauses

Payments 3. The Borrower shall make each payment (including principal of or interest on any Borrowing or any fees or other amounts) hereunder and under any other Loan Document not later than 12:00 (noon), New York City time, on the date when due in immediately available Dollars, without setoff, defense or counterclaim. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest thereon. Each such payment shall be made to the Administrative Agent’s Account or such other place or deposit account as Administrative Agent shall designate to Borrower in writing. The Administrative Agent shall promptly distribute to each Lender any payments received by the Administrative Agent on behalf of such Lender. (a) Except as otherwise expressly provided herein, whenever any payment (including principal of or interest on any Borrowing or any fees or other amounts) hereunder or under any other Loan Document shall become due, or otherwise would occur, on a day that is not a Business Day, such payment may be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of interest or fees, if applicable.

Payments 3. (a) In addition to the payments required by this Agreement, the Borrower shall within one (1) Banking Day pay to Lender the amount by which any outstanding Advances exceed the Borrowing Base or Advance Ratio then in effect. (b) Borrower shall be permitted from time to time to make payment of the then outstanding Advances, in whole or in part, without payment of any premium or penalty, provided, that all accrued and unpaid interest on the amount then being paid is paid to Lender.

Payments 3. 3.1 The Service Provider shall offer, at a minimum, the following Payment methods to Customers: Schedule 2 – Statement of Requirements a. cash; b. cheque; c. postal order; and d. credit or debit card.

Payments 3. 1 Subject to the terms of this Jinjishan Agreement, Asian Dragon will make payments to World Fortune based on the payment schedule included in Schedule A of this Jinjishan Agreement and will, upon the execution of this Jinjishan Agreement issue to World Fortune 250,000 shares in the capital stock of Asian Dragon and will subsequently issue a further 1,000,000 shares to World Fortune or its nominees upon initial payment by Asian Dragon under the terms of Schedule A of this Jinjishan Agreement.

Payments 3