Common use of Routine Payments Clause in Contracts

Routine Payments. Except as otherwise specifically provided ---------------- in this Agreement, each payment (including each prepayment) by Borrower pursuant to this Agreement or the Notes, whether in respect of principal, interest, or increased costs and the Commitment Fees and all other fees to be paid to the Agent, the Swing Line Lender and the Banks in connection with the Loan Documents (collectively, "Payments"; and the portion of such payments that are on account of the Commitment Fee, together with all of such other fees, is sometimes hereinafter collectively referred to as the "Fees") shall be made by the Borrower without set-off, withholding, deduction, or counterclaim, to the Agent at the applicable Agent Payment Office in funds immediately available to the Agent at such office by 12:00 noon (local time in the city in which such Agent Payment Office is located) on the due date for such Payment. The failure of the Borrower to make any such Payment by such time shall not constitute a default hereunder, provided that such payment is made on such due date, but any such Payment made after 12:00 p.m. (local time in the city in which such payment is to be made in accordance with the terms hereof) on such due date shall be deemed to have been made on the next Business Day for the purpose of calculating interest on amounts outstanding on the applicable loans. Subject to Section 9.5, promptly upon receipt thereof by the Agent, (a) each Payment of principal and interest on the Revolving Credit Loans, Term Loans and Swing Line Loans shall be remitted by the Agent in like funds as received to each Bank and the Swing Line Lender, as the case may be, pro rata according to its Exposure Percentage of such loans, and (b) each payment of the Commitment Fee shall be remitted by the Agent in like funds as received to each Bank pro rata according to such Bank's Revolving Credit Commitment.

Routine Payments. Except as otherwise specifically provided ---------------- in this Agreement, each payment (including each prepayment) by each Borrower pursuant to this Agreement or the Notes, whether in respect of principal, interest, or increased costs and the Commitment Fees Facility Fee, the Renewal Fee and all other fees to be paid to the Agent, the Swing Line Lender and the Banks in connection with the Loan Documents (collectively, "Payments"; and the portion of such payments that are on account of the Commitment Fee, Facility Fee and the Renewal Fee together with all of such other fees, is sometimes hereinafter collectively referred to as the "Fees") shall be made by the such Borrower without set-off, withholding, deduction, or counterclaim, counterclaim to the Agent at the applicable Agent Payment Office in Dollars in funds immediately available to the Agent at such office by 12:00 noon (local time in the city in which such Agent Payment Office is located) on the due date for such Payment. The failure of the such Borrower to make any such Payment by such time shall not constitute a default hereunder, provided that such payment is made on such due date, but any such Payment made after 12:00 p.m. (local time in the city in which such payment is to be made in accordance with the terms hereof) on such due date shall be deemed to have been made on the next Business Day for the purpose of calculating interest on amounts outstanding on the applicable loans. Subject to Section 9.5, promptly upon receipt thereof by the Agent, (a) each Payment of principal and interest on the Revolving Credit Loans, Term Loans and Swing Line Loans shall be remitted by the Agent in like funds as received to each Bank and the Swing Line Lender, as the case may be, pro rata according to its Exposure Percentage of such loans, and (b) each payment of the Commitment Facility Fee and Renewal Fee shall be remitted by the Agent in like funds as received to each Bank pro rata according to such Bank's Revolving Credit Commitment.

Routine Payments. Except as otherwise specifically provided in ---------------- in this Agreement, each payment (including each prepayment) by the Borrower pursuant to this Agreement or the Notes, whether in respect of principal, interest, or increased costs and the Commitment Fees Facility Fee and all other fees to be paid to the Agent, the Swing Line Lender and the Banks in connection with the Loan Documents (collectively, "Payments"; and the portion of such payments that are on account of the Commitment Facility Fee, together with all of such other fees, is sometimes hereinafter collectively referred to as the "Fees") shall be made by the Borrower without set-off, withholding, deduction, or counterclaim, to the Agent at the applicable Agent Payment Office in funds immediately available to the Agent at such office by 12:00 noon (local time in the city in which such Agent Payment Office is located) on the due date for such Payment. The failure of the Borrower to make any such Payment by such time shall not constitute a default hereunder, provided that such payment is made on such due date, but any such Payment made after 12:00 p.m. (local time in the city in which such payment is to be made in accordance with the terms hereof) on such due date shall be deemed to have been made on the next Business Day for the purpose of calculating interest on amounts outstanding on the applicable loans. Subject to Section 9.5, promptly upon receipt thereof by the Agent, (a) each Payment of principal and interest on the Revolving Credit Loans, Term Loans and Swing Line Loans shall be remitted by the Agent in like funds as received to each Bank and the Swing Line Lender, as the case may be, pro rata according to its Exposure Percentage of such loans, and (b) each payment of the Commitment Facility Fee shall be remitted by the Agent in like funds as received to each Bank pro rata according to such Bank's Revolving Credit Commitment.

Routine Payments. Except as otherwise specifically provided ---------------- in this ---------------- Agreement, each payment (including each prepayment) by each Borrower pursuant to this Agreement or the Notes, whether in respect of principal, interest, or increased costs and the Commitment Fees Facility Fee and all other fees to be paid to the Agent, the Swing Line Lender and the Banks in connection with the Loan Documents (collectively, "Payments"; and the portion of such payments that are on account -------- of the Commitment Facility Fee, together with all of such other fees, is sometimes hereinafter collectively referred to as the "Fees") shall be made by the such ---- Borrower without set-off, withholding, deduction, or counterclaim, counterclaim to the Agent at the applicable Agent Payment Office in funds immediately available to the Agent at such office by 12:00 noon (local time in the city in which such Agent Payment Office is located) on the due date for such Payment. The failure of the such Borrower to make any such Payment by such time shall not constitute a default hereunder, provided that such payment is made on such due date, but any such Payment made after 12:00 p.m. (local time in the city in which such payment is to be made in accordance with the terms hereof) on such due date shall be deemed to have been made on the next Business Day for the purpose of calculating interest on amounts outstanding on the applicable loans. Subject to Section 9.5, promptly upon receipt thereof by the Agent, (a) each Payment of principal and interest on the Revolving Credit Loans, Term Loans and Swing Line Loans shall be remitted by the Agent in like funds as received to each Bank and the Swing Line Lender, as the case may be, pro rata according to its Exposure Percentage of such loans, and (b) each payment of the Commitment Facility Fee shall be remitted by the Agent in like funds as received to each Bank pro rata according to such Bank's Revolving Credit Commitment.