PAYMENT MECHANICS
17.1 On each date on which the Borrower is required to make a payment under this
Agreement, the Borrower shall make the same available to the Bank (unless a
contrary indication appears otherwise) for value on the due date at the time and in
such funds specified by the Bank as being customary at the time for settlement of
transactions in the relevant currency in the place of payment.
17.2 On each date on which this Agreement requires an amount to be paid by the Bank, the
Bank shall make the same available to the Borrower in such funds and to such
account with such bank as the Borrower shall specify from time to time.
17.3 All payments to be made by the Borrower under this Agreement shall be calculated
and be made without (and free and clear of any deduction for) set-off or counterclaim.