Common use of Funding Advances Clause in Contracts

Funding Advances. (i) Subject to the other conditions set forth in this Section 2.2, on the date of each Advance, each Conduit Investor and Committed Note Purchaser(s) funding such Advance shall make available to HVF II its portion of the amount of such Advance (other than any Delayed Amount) by wire transfer in U.S. dollars in same day funds to the Series 2013-B Principal Collection Account no later than 2:00 p.m. (New York City time) on the date of such Advance. Proceeds from any Advance shall be deposited into the Series 2013-B Principal Collection Account.

Appears in 3 contracts

Samples: Assignment and Assumption Agreement (Hertz Global Holdings Inc), Assignment and Assumption Agreement (Hertz Global Holdings Inc), Assignment and Assumption Agreement (Hertz Global Holdings Inc)

AutoNDA by SimpleDocs

Funding Advances. (i) Subject to the other conditions set forth in this Section 2.2, on the date of each Advance, each Conduit Investor and Committed Note Purchaser(s) funding such Advance shall make available to HVF II its portion of the amount of such Advance (other than any Delayed Amount) by wire transfer in U.S. dollars in same day funds to the Series 2013-B A Principal Collection Account no later than 2:00 p.m. (New York City time) on the date of such Advance. Proceeds from any Advance shall be deposited into the Series 2013-B A Principal Collection Account.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Global Holdings Inc)

AutoNDA by SimpleDocs

Funding Advances. (i) Subject to the other conditions set forth in this Section 2.2, on the date of each Advance, each Conduit Investor and Committed Note Purchaser(s) funding such Advance shall make available to HVF II its portion of the amount of such Advance (other than any Delayed Amount) by wire transfer in U.S. dollars in same day funds to the Series 20132014-B A Principal Collection Account no later than 2:00 p.m. (New York City time) on the date of such Advance. Proceeds from any Advance shall be deposited into the Series 20132014-B A Principal Collection Account.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Hertz Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.