Common use of Funding Advances Clause in Contracts

Funding Advances. Each Lender shall, before 11:00 a.m. (New York City time) on the date of such Borrowing, make available for the account of its Applicable Lending Office to the Administrative Agent at the Administrative Agent Account, in same day funds, such Xxxxxx’s ratable portion (based on the Lenders’ respective Commitments) of such Borrowing. Promptly after receipt of such funds by the Administrative Agent, the Administrative Agent will make such funds available in like funds to the applicable Borrower by remitting such funds to the account specified in the applicable Notice of Borrowing.

Funding Advances. Each Lender shall, before 11:00 a.m. (New York City time) on the date of such Borrowing, make available for the account of its Applicable Lending Office to the Administrative Agent at the Administrative Agent Account, in same day funds, such XxxxxxLender’s ratable portion (based on the Lenders’ respective Commitments) of such Borrowing. Promptly after receipt of such funds by the Administrative Agent, the Administrative Agent will make such funds available in like funds to the applicable Borrower by remitting such funds to the account specified in the applicable Notice of Borrowing.

Funding Advances. Each Lender shall, before 11:00 a.m. 2:00 P.M. (New York City time) on the date of such Borrowing, make available for the account of its Applicable Lending Office to the Administrative Agent at the Administrative Agent Agent’s Account, in same day funds, such XxxxxxLender’s ratable portion (based on the Lenders’ respective Commitments) of such Borrowing. Promptly after After receipt of such funds by the Administrative AgentAgent and upon fulfillment of the applicable conditions set forth in Article 3, the Administrative Agent will make such funds available in like funds to the applicable relevant Borrower by remitting such funds to the account as specified in the applicable Notice of Borrowing.