Common use of OTHER PROVISIONS RELATING TO THE SENIOR NOTE Clause in Contracts

OTHER PROVISIONS RELATING TO THE SENIOR NOTE. 1Making of Payments. The Company shall make each payment hereunder and under the Senior Note not later than 1:00 p.m. (New York, New York time) on the day when due in Dollars in same day funds to the Purchaser at its Principal Office, free and clear of any defenses, rights of set-off, counterclaim, or withholding or deduction of taxes. All payments received after that hour shall be deemed to have been received by the Purchaser on the next following Business Day.

Appears in 2 contracts

Sources: Note Purchase Agreement, Note Purchase Agreement (Staffing 360 Solutions, Inc.)