Common use of Advances; Payments; Interest and Fee Payments Clause in Contracts

Advances; Payments; Interest and Fee Payments. (i) The amount of outstanding Loans pursuant to Advances may fluctuate from day to day through Agent’s disbursement of funds to, and receipt of funds from, Borrowers. In order to minimize the frequency of transfers of funds between Agent and each Revolving Lender, notwithstanding terms to the contrary set forth in Section 11.4, Advances and repayments thereof may be settled according to the procedures described in Section 11.5(a)(ii) and Section 11.5(a)(iii). Payments of principal on the Term Loans, will be settled, in accordance with each Lender’s Pro Rata Share, on the first Business Day after such payments are received. Notwithstanding these procedures, each Revolving Lender’s obligation to fund its Pro Rata Share of any Advances made by Agent to Borrowers will commence on the date such Advances are made by Agent. Nothing contained in this Agreement shall obligate a Revolving Lender to make an Advance at any time any Default or Event of Default exists. All such payments will be made by such Lender without set-off, counterclaim or deduction of any kind.

Advances; Payments; Interest and Fee Payments. (i) The amount of outstanding Loans pursuant to Advances may fluctuate from day to day through Agent’s 's disbursement of funds to, and receipt of funds from, BorrowersBorrower. In order to minimize the frequency of transfers of funds between Agent and each Revolving Lender, Lender notwithstanding terms to the contrary set forth in Section 11.412.4, Advances and repayments thereof may be settled according to the procedures described in Section 11.5(a)(iiSections 12.5(a)(ii) and Section 11.5(a)(iii)12.5(a)(iii) of this Agreement. Payments of principal on principal, interest and fees in respect of the Term Loans, Loans will be settled, in accordance with each Lender’s 's Pro Rata Share, Share on the first Business Day after such payments are received. Notwithstanding these procedures, each Revolving Lender’s 's obligation to fund its Pro Rata Share of any Advances made by Agent to Borrowers Borrower will commence on the date such Advances are made by Agent. Nothing ; provided, however, nothing contained in this Agreement shall obligate a Revolving Lender to make an Advance at any time any Default or an Event of Default exists. All such Such payments will be made by such Lender without set-off, counterclaim or deduction reduction of any kind.

Advances; Payments; Interest and Fee Payments. (i) The amount of outstanding Loans pursuant to Advances may fluctuate from day to day through Agent’s disbursement of funds to, and receipt of funds from, BorrowersBorrower. In order to minimize the frequency of transfers of funds between Agent and each Revolving Lender, notwithstanding terms to the contrary set forth in Section 11.4, Advances and repayments thereof may be settled according to the procedures described in Section Sections 11.5(a)(ii) and Section 11.5(a)(iii). Payments of principal on the Term Loans, Loans will be settled, in accordance with each Lender’s Pro Rata Share, on the first Business Day after such payments are received. Notwithstanding these procedures, each Revolving Lender’s obligation to fund its Pro Rata Share of any Advances made by Agent to Borrowers Borrower will commence on the date such Advances are made by Agent. Nothing contained in this Agreement shall obligate a Revolving Lender to make an Advance at any time any Default or Event of Default exists. All such payments will be made by such Lender without set-off, counterclaim or deduction of any kind.

Advances; Payments; Interest and Fee Payments. (i) The amount of outstanding Loans pursuant to Advances may fluctuate from day to day through Agent’s 's disbursement of funds to, and receipt of funds from, Borrowers. In order to minimize the frequency of transfers of funds between Agent and each Revolving Lender, Lender notwithstanding terms to the contrary set forth in Section 11.411-A.4, Advances and repayments thereof may be settled according to the procedures described in Section 11.5(a)(iiSections 11-A.5(a)(ii) and Section 11.5(a)(iii)11-A.5(a)(iii) of this Agreement. Payments of principal on principal, interest and fees in respect of the Term Loans, Loans will be settled, in accordance with each Revolving Lender’s 's Pro Rata Share, Share on the first Business Day after such payments are received. Notwithstanding these procedures, each Revolving Lender’s 's obligation to fund its Pro Rata Share of any Advances made by Agent to Borrowers will commence on the date such Advances are made by Agent. Nothing ; provided, however, nothing contained in this Agreement shall obligate a Revolving Lender to make an Advance at any time any Default or an Event of Default exists. All such Such payments will be made by such Lender without set-off, counterclaim or deduction reduction of any kind.

Advances; Payments; Interest and Fee Payments. (i) The amount of outstanding Loans pursuant to Advances may fluctuate from day to day through Agent’s 's disbursement of funds to, and receipt of funds from, BorrowersBorrower. In order to minimize the frequency of transfers of funds between Agent and each Revolving Lender, Lender notwithstanding terms to the contrary set forth in Section 11.412.4, Advances and repayments thereof may be settled according to the procedures described in Section 11.5(a)(iiSections 12.5(a)(ii) and Section 11.5(a)(iii)12.5(a)(iii) of this Agreement. Payments of principal on principal, interest and fees in respect of the Term Loans, Loans will be settled, in accordance with each Revolving Lender’s 's Pro Rata Share, Share on the first Business Day after such payments are received. Notwithstanding these procedures, each Revolving Lender’s 's obligation to fund its Pro Rata Share of any Advances made by Agent to Borrowers Borrower will commence on the date such Advances are made by Agent. Nothing ; provided, nothing contained in this Agreement shall obligate a Revolving Lender to make an Advance at any time any Default or Event of Default exists. All such Such payments will be made by such Lender without set-off, counterclaim or deduction reduction of any kind.

Advances; Payments; Interest and Fee Payments. (i) The amount of outstanding Loans pursuant to Advances may fluctuate from day to day through Agent’s 's disbursement of funds to, and receipt of funds from, Borrowers. In order to minimize the frequency of transfers of funds between Agent and each Revolving Lender, Lender notwithstanding terms to the contrary set forth in Section 11.412.4, Advances and repayments thereof may be settled according to the procedures described in Section 11.5(a)(iiSections 12.5(a)(ii) and Section 11.5(a)(iii)12.5(a)(iii) of this Agreement. Payments of principal on principal, interest and fees in respect of the Term Loans, Loans will be settled, in accordance with each Lender’s 's Pro Rata Share, Share on the first Business Day after such payments are received. Notwithstanding these procedures, each Revolving Lender’s 's obligation to fund its Pro Rata Share of any Advances made by Agent to Borrowers will commence on the date such Advances are made by Agent. Nothing ; provided, however, nothing contained in this Agreement shall obligate a Revolving Lender to make an Advance at any time any a Default or an Event of Default exists. All such Such payments will be made by such Lender without set-off, counterclaim or deduction reduction of any kind.

Advances; Payments; Interest and Fee Payments. (i) The amount of outstanding Loans pursuant to Advances may fluctuate from day to day through Agent’s 's disbursement of funds to, and receipt of funds from, Borrowers. In order to minimize the frequency of transfers of funds between Agent and each Revolving Lender, Lender notwithstanding terms to the contrary set forth in Section 11.412.4, Advances and repayments thereof may be settled according to the procedures described in Section 11.5(a)(iiSections 12.5(a)(ii) and Section 11.5(a)(iii)12.5(a)(iii) of this Agreement. Payments of principal on principal, interest and fees in respect of the Term Loans, Loans will be settled, in accordance with each Revolving Lender’s 's Pro Rata Share, Share on the first Business Day after such payments are received. Notwithstanding these procedures, each Revolving Lender’s 's obligation to fund its Pro Rata Share of any Advances made by Agent to Borrowers will commence on the date such Advances are made by Agent. Nothing ; provided, however, nothing contained in this Agreement shall obligate a Revolving Lender to make an Advance at any time any Default or an Event of Default exists. All such Such payments will be made by such Lender without set-off, counterclaim or deduction reduction of any kind.

Advances; Payments; Interest and Fee Payments. (i) The amount of outstanding Loans pursuant to Advances may fluctuate from day to day through Agent’s disbursement of funds to, and receipt of funds from, Borrowers. In order to minimize the frequency of transfers of funds between Agent and each Revolving Lender, Lender notwithstanding terms to the contrary set forth in Section 11.412.4, Advances and repayments thereof may be settled according to the procedures described in Section 11.5(a)(iiSections 12.5(a)(ii) and Section 11.5(a)(iii)12.5(a)(iii) of this Agreement. Payments of principal on principal, interest and fees in respect of the Term Loans, Loans will be settled, in accordance with each Revolving Lender’s Pro Rata Share, Share on the first Business Day after such payments are received. Notwithstanding these procedures, each Revolving Lender’s obligation to fund its Pro Rata Share of any Advances made by Agent to Borrowers will commence on the date such Advances are made by Agent. Nothing ; provided, however, nothing contained in this Agreement shall obligate a Revolving Lender to make an Advance at any time any Default or an Event of Default exists. All such Such payments will be made by such Lender without set-off, counterclaim or deduction reduction of any kind.