Fundings. Lender shall fund each Borrowing on the applicable funding date and, subject to the terms of this Agreement, shall disburse the proceeds as directed by Borrower.
Fundings. (a) Upon satisfaction (or waiver) of the conditions thereto set forth in this Agreement, the closing of the issuance of the Warrants and the first payment of the Grant (the "Initial Alliance Grant Funding") shall take place at the offices of Swidler Berlin Shereff Friedman, LLP, 3000 K Street, NW, Washington, XX 00007, on February 00, 0000 or at xxxx xxxxx xxxxx xxx xxxx xx xxx Xxxxxxs may agree in writing, but in no event later than February 22, 2001. At the Initial Alliance Grant Funding, the Parties shall deliver the documents and agreements they are required to deliver pursuant to Article IX hereof CFFTI shall pay [*****************************************************] of the Grant by wire transfer of immediately available funds to the account specified in Schedule 2.5(a) (the "Initial Grant Funding Amount"), and the Parties shall deliver such other documents, agreements and certificates as a Party may reasonably request in connection with the Initial Alliance Grant Funding.
Fundings. Any Advance required to be made by Lessor pursuant to any Operative Document shall be made by the Participants making a Funding directly to the Administrative Agent. Such Funding by the Participants to the Administrative Agent with respect to an Advance and any Advance by the Administrative Agent to any Person entitled to payments constituting Project Costs, including Contingent Rent, Fees, Yield or Transaction Expenses shall be deemed to constitute the required Advance by the Participants.
Fundings. (a) Each initial Noteholder, by its execution of a Purchase Agreement and acceptance of a Note, has agreed, and each subsequent Noteholder, by its execution of a Transferee Certificate and acceptance of a Note, shall have agreed, on the terms and conditions set forth herein and in the related Purchase Agreement or Transferee Certificate as applicable, to make Fundings to the Issuer in the Funding Amount requested by Issuer on each Funding Date in accordance with this Agreement. Each Funding Date after the first Funding Date must be the first day of a Note Rate Period unless otherwise agreed by the Noteholders. On the initial Funding Date, the Noteholders agree to make a Funding in an amount equal to the Initial Note Balance. The Noteholders shall not in any event be obligated to make any Funding to the extent it is less than the Funding Date Minimum Amount. Notwithstanding anything to the contrary in this Agreement, each Noteholder which signs a Purchase Agreement shall remain obligated to make all Fundings, upon compliance by Issuer with all conditions to such Funding, whether or not such Noteholder sells all or any portion of the Notes to a subsequent Noteholder, and whether or not such subsequent Noteholder assumes an obligation to make all or a portion of the Fundings; provided, however, that Issuer shall have not unreasonably withhold its consent to release any selling Noteholder from its obligation to make Fundings.
Fundings. (a) Subject to satisfaction of the conditions precedent set forth in Sections 2.11 or 2.12 hereof, as applicable, and Eligible Receivables being available to be acquired pursuant to the Contribution Agreement, during the Funding Period the Issuer may, at its sole option, from time to time request that the Noteholders advance on any Funding Date additional amounts (such amounts, the “Additional Note Principal Balance”), and the Noteholders which are making such advances shall remit the Additional Note Principal Balance in accordance with the terms of the Note Purchase Agreement. Each Noteholder shall record, on the schedule attached to such Noteholder’s Note, the date and amount of any Additional Note Principal Balance advanced by it, and each repayment thereof; provided that failure to make such recordation on such schedule or any error in such schedule shall not adversely affect any Noteholder’s rights with respect to its Note Principal Balance and its right to receive interest payments in respect of the Note Principal Balance held by such Noteholder. The Indenture Trustee shall keep a written record of the Note Principal Balance, which amount is to be provided by the Servicer in its Monthly Servicer Report of each Note. Absent manifest error, the Note Principal Balance of each Note as set forth in the Noteholder’s records shall be binding upon all applicable parties, notwithstanding any other records; provided that failure by any the Indenture Trustee to make such recordation on such Noteholder’s records shall not adversely affect any Noteholder’s rights with respect to its Note Principal Balance and its right to receive interest payments in respect of the Note Principal Balance held by such Noteholder.
Fundings. The funding of Term Loan B on the Closing Date shall be a condition to the funding of Term Loan A and the making of Revolving Advances under the Revolving Commitment on the Closing Date. The funding of the Term Loan A and the making of Revolving Advances in an aggregate amount of no less than $15,000,000 under the Revolving Commitment on the Closing Date shall be a condition to the funding of Term Loan B on the Closing Date;
Fundings. Upon and subject to the terms and conditions hereof and of the other Operative Documents, GE Capital will make Fundings on a monthly basis commencing not more than six (6) months prior to the date that is expected to be the Construction Completion Date as evidenced by the certificate of the Construction Consultant provided pursuant to Section 7(a)(18) hereof.
Fundings. SECTION 2.2(e) of the Master Agreement is hereby amended by deleting the phrase "the Lessee reasonably believes will be due in the 90 days following such Funding from the Lessee" where it appears in the first sentence thereof and substituting therefor the phrase "are then due".
Fundings. (a) Borrower shall give U. S. Bank notice (either in writing or orally) for each Prime Rate Borrowing and shall give U. S. Bank two Business Days prior written notice for each IBOR Rate Borrowing (between 8 a.m. and 12 noon Seattle, Washington time). Each such notice ("Borrowing Notice") shall be given by Dougxxx Xxxxx, Xxevxx Xxxxxx, Xxmbxxxx Xxxxxx, xx Michxxx Xxxxxxx, xxch of whom is authorized to request Fundings and direct disposition of any such Fundings until written notice by Borrower of the revocation of such authority is received by U. S. Bank. The Borrowing Notice shall specify (i) the amount of the requested Funding, (ii) the interest option chosen by Borrower, (iii) for IBOR Rate Borrowings, the Interest Period, and (iv) whether Borrower is requesting a new Funding at the IBOR Borrowing Rate or conversion of any portion of the Prime Rate Borrowing to an IBOR Rate Borrowing. Each Borrowing Notice shall be effective upon receipt, except that notices received by U. S. Bank after 12 noon, Seattle time, on a Business Day shall be deemed to be received on the immediately succeeding Business Day.
Fundings. (a) Lessor, upon Lessee's request, may make payments for any unit of Equipment with a unit cost over $1,000 to the Supplier in accordance with Lessor's standard procedures. Lessee shall pay Lessor interim rent from the date of each progress payment to the Commencement Date as set forth in Section 2 of the Lease.
