Currency, Time and Place of payment Sample Clauses
The 'Currency, Time and Place of Payment' clause defines the specific currency in which payments must be made, as well as the exact timing and location for those payments. Typically, this clause will state whether payments are to be made in local or foreign currency, set deadlines for when payments are due, and designate a bank account or physical location for remittance. By clearly outlining these details, the clause helps prevent disputes over payment logistics and ensures both parties have a mutual understanding of their financial obligations.
Currency, Time and Place of payment. The Buyer shall do all the reviewed payments established in this Agreement in Pesos Mexican currency, without any discount or deduction, through an electronic transference of a deposit of a referenced check or in cash in the account and bank appointed opportunely by the Seller. Any payment in regards to this Agreement that shall be paid on a day in which the banks are not open, then it shall be done in the day before in which banks are opened.
Currency, Time and Place of payment. All amounts payable by the Borrower under the Credit Documents will be paid in the currency of the relevant Credit Obligation or, if no currency is stipulated, in Dollars, in immediately available funds, without deduction, set-off or counter-claim. Amounts payable by the Borrower hereunder will be paid at the Lender’s main branch in Montreal. Payments will be made before 2:00 p.m. on the day such payments are due. Amounts due on a day other than a Business Day will be deemed to be due on the Business Day next following such day. Interest and fees payable under this Agreement are payable both before and after any or all of default, demand and judgment.