Common use of Funding Account Clause in Contracts

Funding Account. The Borrower Representative shall deliver to the Agent, on the Effective Date, a notice setting forth the deposit account of the Borrower Representative (the “Funding Account”) to which the Agent is authorized by the Borrower to transfer the proceeds of any Advances requested pursuant to this Agreement. The Borrower Representative may designate a replacement Funding Account from time to time by written notice to the Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Agent.

Appears in 9 contracts

Samples: Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.)

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Funding Account. The Borrower Representative shall deliver have delivered to the Agent, on the Effective Original Closing Date, a notice setting forth the deposit account of the Borrower Representative (the “Funding Account”) to which the Agent is authorized by the Borrower to transfer the proceeds of any Advances requested pursuant to this Agreement. The Borrower Representative may designate a replacement Funding Account from time to time by written notice executed by an Authorized Officer delivered to the Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Agent.

Appears in 4 contracts

Samples: Credit Agreement (USA Compression Partners, LP), Credit Agreement, Agreement (USA Compression Partners, LP)

Funding Account. The Borrower Representative shall deliver to the Administrative Agent, on the Effective Date, a notice setting forth the deposit account of the Borrower Representative (the “Funding Account”) to which the Administrative Agent is authorized by the Borrower to transfer the proceeds of any the Advances requested pursuant to this Agreement. The Borrower Representative may designate a replacement Funding Account from time to time by written notice to the Administrative Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Newpark Resources Inc)

Funding Account. The Borrower Representative shall deliver to the Agent, on the Effective Date, a notice setting forth the deposit account of the Borrower Representative (the “Funding Account”) to which the Agent is authorized by the Borrower Borrowers to transfer the proceeds of any Advances requested pursuant to this Agreement. The Borrower Representative may designate a replacement Funding Account from time to time by written notice to the Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Agent.

Appears in 1 contract

Samples: Credit Agreement (Action Performance Companies Inc)

Funding Account. The Borrower Representative shall deliver to the Agent, on the Effective Date, a notice setting forth the deposit account of the Borrower Representative (the "Funding Account") to which the Agent is authorized by the Borrower Borrowers to transfer the proceeds of any Advances requested pursuant to this Agreement. The Borrower Representative may designate a replacement Funding Account from time to time by written notice to the Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Agent.

Appears in 1 contract

Samples: Credit Agreement (Newpark Resources Inc)

Funding Account. The Borrower Representative shall deliver to the Agent, on the Effective Closing Date, a notice setting forth the deposit account of the Borrower Representative (the “Funding Account”"FUNDING ACCOUNT") to which the Agent is authorized by the Borrower to transfer the proceeds of any Advances requested pursuant to this Agreement. The Borrower Representative may designate a replacement Funding Account from time to time by written notice to the Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Agent.

Appears in 1 contract

Samples: Credit Agreement (Park Ohio Holdings Corp)

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Funding Account. The Borrower Representative shall deliver to the Agent, on the Effective Date, a notice setting forth the deposit account of the Borrower Representative (the “Funding Account”) to which the Agent is authorized by the Borrower to transfer the proceeds of any Advances requested pursuant to this Agreement. The Borrower Representative may designate a replacement Funding Account from time to time by written notice to the Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Agent.

Appears in 1 contract

Samples: Assignment and Assumption (Northwestern Corp)

Funding Account. The Borrower Representative shall deliver have delivered to the Agent, on the Effective Original Closing Date, a notice setting forth the deposit account of the Borrower Representative a Loan Party (the “Funding Account”) to which the Agent is authorized by the Borrower to transfer the proceeds of any Advances requested pursuant to this Agreement. The Borrower Representative may designate a one or more replacement Funding Account Accounts or additional Funding Accounts from time to time by written notice executed by an Authorized Officer delivered to the Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Agent.

Appears in 1 contract

Samples: Credit Agreement (USA Compression Partners, LP)

Funding Account. The Borrower Representative shall deliver to the Agent, on the Effective Date, a notice setting forth the deposit account of the Borrower Representative (the “Funding Account”) to which the Agent is authorized by the Borrower to transfer the proceeds of any Advances requested pursuant to this Agreement. The Borrower Representative may designate a replacement Funding Account from time to time by written notice executed by an Authorized Officer delivered to the Agent. Any designation by the Borrower Representative of the Funding Account must be reasonably acceptable to the Agent.

Appears in 1 contract

Samples: Compressor Equipment Lease Agreement (USA Compression Partners, LP)

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