Amount of Fundings Sample Clauses

Amount of Fundings. Subject to the terms and conditions of this Participation Agreement and in reliance on the representations and warranties of each of the parties hereto contained herein or made pursuant hereto, upon receipt of an Advance Request, on each Advance Date Lessor shall, to the extent it has received amounts from the Participants, make the requested Advance and each Participant will fund its portion of such Advance, as and to the extent provided herein, in each case by making available to the Administrative Agent by wire transfer of immediately available funds in accordance with the instructions set forth in the Advance Request, an amount equal to (i) with respect to any Rent Assignee, the product of such Rent Assignee’s Commitment Percentage and the aggregate amount of the requested Advance and (ii) with respect to Lessor, the product of Lessor’s Commitment Percentage and the aggregate amount of the requested Advance. Notwithstanding the foregoing, (i) the Funding by each Participant (x) on any Advance Date shall not exceed such Participant’s Available Commitment and (y) of any Advance required to be made by such Participant on such Advance Date, together with all prior Fundings and future Advances to be made by such Participant as set forth in the Project Budget shall not exceed such Participant’s Commitment and (ii) the Advance to be made by the Participants on such Advance Date, together with all prior Fundings and future Advances to be made as set forth in the Project Budget, shall not exceed the Aggregate Commitment Amount. No amounts paid or prepaid with respect to Lessor Amount or the Rent Assignment Contributions may be readvanced.
Sample 1Sample 2See All (5)
Amount of Fundings. Pursuant to the Original Participation Agreement and in reliance on the representations and warranties of each of the parties thereto contained therein or made pursuant thereto, on the Original Closing Date the Lessor made the Advance requested pursuant to the Advance Request and each Lender and Lessor funded its portion of the Advance, as and to the extent provided in the Original Participation Agreement, in each case by making available to the Administrative Agent by wire transfer of immediately available funds in accordance with the instructions set forth in the Advance Request, an amount equal to (i) with respect to any Lender, the product of such Lender’s Commitment Percentage (as defined in the Original Participation Agreement) and the aggregate amount of the requested Advance and (ii) with respect to the Lessor, the product of Lessor’s Commitment Percentage (as defined in the Original Participation Agreement) and the aggregate amount of the requested Advance. The Funding by each Lender and Lessor on the Original Closing Date was in an amount equal to such Lender’s or Lessor’s Commitment (as defined in the Original Participation Agreement), and the Advance made by the Lenders and Lessor on the Original Closing Date was in an amount equal to the Aggregate Commitment Amount. No amounts paid or prepaid with respect to Lessor Amount or the Rent Assignment Contribution may be readvanced. As of the Second Restatement Date, each Rent Assignee’s Loan Balance, or portion thereof, as indicated on Schedule II, was converted to, and from an after the Second Restatement Date has constituted and as of the Restatement Date continues to constitute, a Rent Assignment Contribution Commitment and Rent Assignment Contribution, as applicable, in each case as shown on Schedule II attached hereto.
Sample 1
Amount of Fundings. Subject to the terms and conditions of this Agreement and in reliance on the representations and warranties of each of the parties hereto contained herein or made pursuant hereto, upon receipt of an Advance Request in accordance with Section 3.3(a), the Lessor (using a portion of its Equity Investment) shall make an Advance (i) as designated by Lessee on the Closing Date which shall be in an amount sufficient to acquire the Sites and Existing Improvements thereon and Personal Property related thereto and to pay Transaction Costs, or (ii) to the Constructor (or its designee) on each Advance Date, for the payment of Construction Costs and Carrying Costs and for the payment of Fees and Transaction Costs invoiced at least five (5) Business Days prior to the relevant Advance Date (and such Transaction Costs and Fees shall be paid for in the manner described in Section 3.5). Transfers of such funds by the Lessor shall be made in immediately available funds by wire transfers to such account as the Lessee and the Constructor, as applicable, shall have indicated in the Advance Request not later than 2:00 p.m., New York time, on the related Advance Date and for same day value provided, that, if the terms and conditions for the Advance set forth herein have not been satisfied by 5:00 p.m. New York time on the Business Day immediately preceding such Advance Date, the Lessor shall not be obligated to maintain the availability of its funds for such Funding unless the Lessee provides a satisfactory indemnity to Lessor for the investment of such funds. No amounts paid or prepaid with respect to any Advance or Equity Investment may be readvanced.
Sample 1
Amount of Fundings. Subject to the terms and conditions of this Agreement and in reliance on the representations and warranties of each of the parties hereto contained herein or made pursuant hereto, upon receipt of the Advance Request, on the proposed Advance Date specified therein, each Certificate Purchaser shall acquire its interest in the Trust Estate and each Lender shall make its Loan to Fund the Advance by making available to Certificate Trustee (in accordance with Certificate Trustee's payment instructions set forth on SCHEDULE II) an amount in immediately available funds on the proposed Advance Date equal to such Participant's Commitment Percentage of the aggregate amount of the requested Advance (up to such Participant's Loan Commitment) to be used and applied pursuant to SECTION 2.4.
Sample 1
Amount of Fundings. In the case of a Funding with respect to any Leased Asset other than a Construction Property, the amount of the Funding requested represents amounts owed (or, in the case of Tenant Improvements or Transaction Expenses, expected to be owed) to third parties in respect of the Property Acquisition Costs of such Leased Asset. In the case of a Funding with respect to a Construction Property, the amount of the Funding requested represents amounts owed to third parties in respect of Land Acquisition Costs or owed or paid by the Construction Agent to third parties in respect of Property Improvements Costs, in each case incurred prior to the date of such Funding and for which neither the Lessee nor the Construction Agent has previously been reimbursed by a Funding, PROVIDED that this representation shall not apply to any portion of a Funding made on Substantial Completion which is to be used to pay for open punch list items or other holdbacks. With respect to any portion of a Funding made on Substantial Completion which is to be used to pay for open punch list items or other holdbacks, the Lessee represents that such portion will be used for such purpose to the extent that a contractor or subcontractor is entitled thereto and that neither the Lessee nor the Construction Agent has previously been reimbursed therefor by a Funding.
Sample 1
Amount of Fundings. Subject to the terms and conditions of this Agreement and in reliance on the representations and warranties of each of the parties hereto contained herein or made pursuant hereto, upon receipt of an Advance Request, on each Advance Date each Certificate Purchaser shall acquire its interest in the Trust Estate and each Lender will assist in funding Certificate Trustee's Advance, in each case by making available to Certificate Trustee by wire transfer in accordance with the instructions set forth in the Advance Request an amount in immediately available funds on such Advance Date equal to such Participant's Commitment Percentage of the aggregate amount of the requested Advance with respect to each Site, which funding by such Participant, together with the fundings for such Advance by all other Participants on such date plus all prior fundings by the Participants on each prior Advance Date, shall not exceed such Participant's Commitment for such Site, as adjusted pursuant to Section 2.3(e), or the aggregate Commitments as set forth on Schedule I-A and Schedule I-B, as applicable.
Sample 1
Amount of Fundings. Subject to the terms and conditions of this Agreement and in reliance on the representations and warranties of each of the parties hereto contained herein or made pursuant hereto, upon receipt of a Notice of Delivery, on the related Delivery Date each Certificate Holder shall acquire its interest in the Trust Estate and fund in accordance with Section 2.1 of the Trust Agreement, and each Lender (subject to the provisions of clause (b) below) shall assist in funding the Equipment Cost of the Aircraft being delivered on such date, in each case by making available to the Certificate Trustee by wire transfer in accordance with instructions set forth in the Notice of Delivery an amount equal to such Participant's Commitment Percentage of the aggregate amount of the Equipment Cost of the Aircraft being delivered on such date. Notwithstanding the foregoing, (i) the Funding by each Participant on such Delivery Date shall not exceed such Participant's Available Commitment and (ii) the aggregate amount of the Equipment Cost of the Aircraft being delivered on the Closing Date to be paid by Certificate Trustee to the applicable Seller on such Closing Date shall not exceed $19,500,000, (iii) the aggregate amount of the Equipment Cost of the Aircraft being delivered on the subsequent Delivery Date shall not exceed $33,500,000, and (iv) the aggregate amount of the Equipment Cost of all the Aircraft delivered and paid for by the Certificate Trustee shall not exceed $53,000,000. The failure of a Certificate Holder or Facility Lender to fund its Commitment shall not release it from any liability to the Lessee for its failure to comply with its obligations under the Operative Documents.
Sample 1
Amount of Fundings. Pursuant to the Original Participation Agreement and in reliance on the representations and warranties of each of the parties thereto contained therein or made pursuant thereto, on the Original Closing Date the Lessor made the Advance requested pursuant to the Advance Request and each Participant funded its portion of the Advance, as and to the extent provided in the Original Participation Agreement, in each case by making available to the Administrative Agent by wire transfer of immediately available funds in accordance with the instructions set forth in the Advance Request, an amount equal to (i) with respect to any Lender, the product of such Lender’s Commitment Percentage and the aggregate amount of the requested Advance and (ii) with respect to the Lessor, the product of Lessor’s Commitment Percentage and the aggregate amount of the requested Advance. The Funding by each Participant on the Original Closing Date was in an amount equal to such Participant’s Commitment and (y) the Advance made by the Participants on the Original Closing Date was in an amount equal to the Aggregate Commitment Amount. No amounts paid or prepaid with respect to Lessor Amount or the Loans may be readvanced.
Sample 1

Related to Amount of Fundings

  • Amount of Notes The aggregate principal amount of Original Notes which may be authenticated and delivered under this Indenture on the Issue Date is $[—]. All Notes shall be substantially identical except as to denomination. The Issuer may from time to time after the Issue Date issue Additional Notes under this Indenture in an unlimited principal amount, so long as (i) the Incurrence of the Indebtedness represented by such Additional Notes is at such time permitted by Section 4.03 and the Liens thereon are permitted by Section 4.12 and (ii) such Additional Notes are issued in compliance with the other applicable provisions of this Indenture. With respect to any Additional Notes issued after the Issue Date (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.07, 2.08, 2.10, 3.08, 4.06(e), 4.08(c) or the Appendix), there shall be (a) established in or pursuant to a resolution of the Board of Directors of the Issuer and (b) (i) set forth or determined in the manner provided in an Officer’s Certificate or (ii) established in one or more indentures supplemental hereto, prior to the issuance of such Additional Notes: (1) the aggregate principal amount of such Additional Notes which may be authenticated and delivered under this Indenture; (2) the issue price and issuance date of such Additional Notes, including the date from which interest on such Additional Notes shall accrue; and (3) if applicable, that such Additional Notes shall be issuable in whole or in part in the form of one or more Global Notes and, in such case, the respective depositaries for such Global Notes, the form of any legend or legends which shall be borne by such Global Notes in addition to or in lieu of those set forth in Exhibit A hereto hereto, and any circumstances in addition to or in lieu of those set forth in Section 2.2 of the Appendix in which any such Global Note may be exchanged in whole or in part for Additional Notes registered, or any transfer of such Global Note in whole or in part may be registered, in the name or names of Persons other than the depositary for such Global Note or a nominee thereof. If any of the terms of any Additional Notes are established by action taken pursuant to a resolution of the Board of Directors of the Issuer, a copy of an appropriate record of such action shall be certified by the Secretary or any Assistant Secretary of the Issuer and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate or the indenture supplemental hereto setting forth the terms of the Additional Notes. The Original Notes and any Additional Notes, shall all be treated as a single class for all purposes under this Indenture, including, without limitation, waivers, amendments, redemptions and offers to purchase. Any Additional Notes that are not fungible with the existing Notes for U.S. federal income tax purposes shall bear a separate CUSIP number.

  • Amount of Swing Line Loans Upon the satisfaction of the conditions precedent set forth in Section 4.2 and, if such Swing Line Loan is to be made on the date of the initial Credit Extension hereunder, the satisfaction of the conditions precedent set forth in Section 4.1 as well, from and including the Restatement Effective Date and prior to the Facility Termination Date, the Swing Line Lender agrees, on the terms and conditions set forth in this Agreement, to make Swing Line Loans in Dollars to the Borrower from time to time in an aggregate principal amount not to exceed the Swing Line Commitment, provided that (i) the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment and (ii) at no time shall the sum of (a) the Swing Line Loans then outstanding, plus (b) the outstanding Revolving Loans made by the Swing Line Lender pursuant to Section 2.1 (including its participation in any Facility LCs), exceed the Swing Line Lender’s Commitment at such time. Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Swing Line Loans at any time prior to the Facility Termination Date.

  • Calculation of Principal Amount of Notes The aggregate principal amount of the Notes, at any date of determination, shall be the principal amount of the Notes at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the holders of a specified percentage of the principal amount of all the Notes, such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Notes, the holders of which have so consented, by (b) the aggregate principal amount, as of such date of determination, of the Notes then outstanding, in each case, as determined in accordance with the preceding sentence, and Section 13.06 of this Indenture. Any calculation of the Applicable Premium made pursuant to this Section 2.13 shall be made by the Company and delivered to the Trustee pursuant to an Officers’ Certificate.

  • Certificates for Reimbursement; Repayment of Outstanding Loans; Borrowing of New Loans A certificate of a Lender or the Issuing Lender setting forth the amount or amounts necessary to compensate such Lender or the Issuing Lender or its holding company, as the case may be, as specified in Sections 5.8.1 [Increased Costs Generally] or 5.

  • Amount of Borrowing Tranche Each Borrowing Tranche of Loans under the LIBOR Rate Option shall be in integral multiples of $500,000 and not less than $1,000,000; and

  • Manner of Borrowing and Funding Revolver Loans Borrowings under the Commitments established pursuant to Section 1.1 hereof shall be made and funded as follows:

  • Amount of facility Subject to the other provisions of this Agreement, the Lender shall make a loan facility not exceeding $30,000,000 available to the Borrower in up to five advances.

  • Repayment of Revolving Credit Advances The Borrower shall repay to the Agent for the ratable account of the Lenders on the Termination Date the aggregate principal amount of the Revolving Credit Advances then outstanding and all other unpaid Obligations.

  • Repayment of Revolving Credit Loans The Borrower shall repay the Revolving Credit Loans together with all outstanding interest thereon on the Expiration Date.

  • Limitation on Aggregate Principal Amount The aggregate principal amount of the Notes shall not be limited. The Company shall not execute and the Trustee shall not authenticate or deliver Notes except as permitted by the terms of the Indenture.