Common use of Payment of Other Amounts Clause in Contracts

Payment of Other Amounts. 5.5.1 Unless otherwise expressly provided for herein, any payments due hereunder or in respect of an Aircraft in addition to those referred to in Clauses 5.2 and 5.4 above will be paid by the Buyer concurrently with the delivery of the corresponding Aircraft or, if the Seller elects to invoice such amounts after delivery of such Aircraft, within one (1) month after the invoice date. 5.5.2 The Seller will give the Buyer written notice of any amount (whether under this Agreement or under any other agreement between the Buyer and the Seller and whether at the stated maturity of such amount, by acceleration or otherwise) that is due and payable by the Buyer or its Affiliates and is not paid in full in immediately available funds on the date due. * the Seller will have the right to debit and apply, in whole or in part, the unused amount of any credit made available by the Seller to the Buyer against such unpaid amount. The Seller's rights under this Clause 5.5.2 are in addition to any other rights the Seller may have at contract or at law and do not contravene its rights under Clause 21 herein.

Payment of Other Amounts. 5.5.1 6.4.1 Unless otherwise expressly provided for herein, any payments due hereunder or in respect of an Aircraft in addition to those referred to in Clauses 5.2 Subclauses 6.2 and 5.4 6.3 above will shall be paid by the Buyer concurrently with the delivery of the corresponding Aircraft or, if the Seller elects to invoice such amounts invoiced after delivery of such Aircraft, within one (1) month after the invoice date. 5.5.2 The 6.4.2 Notwithstanding any other rights the Seller will give may have at contract or at law, the Buyer written notice of and the Seller hereby agree that should any amount (whether under this the Agreement or under any other agreement between the Buyer and the Seller and whether at the stated maturity of such amount, by acceleration or otherwise) that is become due and payable by the Buyer or its Affiliates Affiliates, and is not be paid in full in immediately available funds on the date due. * , then the Seller will shall have the right to debit and apply, in whole or in part, the unused amount of any credit made available by the Seller to the Buyer against such unpaid amount. The Seller's rights under this Clause 5.5.2 are Seller shall promptly notify the Buyer in addition to any other rights the Seller may have at contract or at law writing before such debiting and do not contravene its rights under Clause 21 hereinapplication.