Common use of Payments - General Clause in Contracts

Payments - General. 4.4.1 Except as otherwise provided in this Agreement, all payments of principal, interest, fees, expenses and other amounts payable under the Borrower’s Obligations and owing at any time by the Borrower to the Lender under this Agreement will be made in immediately available, freely transferable same day funds in the currency in which the Loans are outstanding, at the Lender’s address for notice provided herein. All payments received after 12:00 (noon) (Toronto time) will be deemed to be received on the next Business Day. 4.4.2 The Borrower will make all payments required under this Agreement, whether of principal, interest, fees, expenses or other amounts payable under the Borrower’s Obligations or otherwise owing by the Borrower to the Lender: 4.4.2.1 in accordance with the terms of this Agreement; and 4.4.2.2 without regard to any defence, counterclaim, deduction or right of set off available to the Borrower. 4.4.3 Except as otherwise provided in this Agreement, if any payment required under this Agreement becomes due and payable on a day that is not a Business Day, that payment will be made on the next following Business Day, and any extension of time in those circumstances will be included in computing interest and any other amounts payable under this Agreement relating to that payment.

Payments - General. 4.4.1 4.3.1 Except as otherwise provided in this Agreement, all payments of principal, interest, fees, expenses and other amounts payable under the Borrower’s Obligations and owing at any time by the Borrower to the Lender under this Agreement will be made in immediately available, freely transferable same day funds in the same currency in which the Loans are outstandingLoan giving rise to the principal, at interest, fees, expenses, and other amounts was made, by way of cheque, electronic transfer of funds or as otherwise directed by the Lender’s address Lender by no later than 3:00 p.m. (Toronto time) on the relevant date for notice provided hereinpayment. All payments received after 12:00 (noon) 3:00 p.m. (Toronto time) will be deemed to be received on the next Business Day. 4.4.2 4.3.2 The Borrower will make all payments required under this Agreement, whether of principal, interest, fees, expenses or other amounts payable under the Borrower’s Obligations or otherwise owing by the Borrower to the Lender: 4.4.2.1 4.3.2.1 in accordance with the terms of this Agreement; and 4.4.2.2 4.3.2.2 without regard to any defence, counterclaim, deduction or right of set off available to the Borrower. 4.4.3 4.3.3 Except as otherwise provided in this Agreement, if any payment required under this Agreement becomes due and payable on a day that is not a Business Day, that payment will be made on the next following Business Day, and any extension of time in those circumstances will be included in computing interest and any other amounts payable under this Agreement relating to that payment.