Funding Assumptions. Unless the Administrative Agent shall have been notified by any Bank at least one Business Day prior to the date of the making, conversion or renewal of any LIBO Rate Loan, or by 3:00 p.m. eastern prevailing time on the date a Base Rate Loan is requested, that such Bank does not intend to make available to the Administrative Agent, such Bank's portion of the total amount of the Loan to be made, converted or renewed on such date, the Administrative Agent may assume that such Bank has made such amount available to the Administrative Agent on the date of the Loan and the Administrative Agent may, in reliance upon such assumption, make available to the Borrowers a corresponding amount. If and to the extent such Bank shall not have so made such funds available to the Administrative Agent, such Bank agrees to repay the Administrative Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to the Borrowers until the date such amount is repaid to the Administrative Agent, at the Federal Funds Rate plus 50 basis points for three Business Days, and thereafter at the Base Rate. If such Bank shall repay to the Administrative Agent such corresponding amount, such amounts so repaid shall constitute such Bank's Loan for purposes of this Agreement. If such Bank does not repay such corresponding amount forthwith upon the Administrative Agent's demand therefor, the Administrative Agent shall promptly notify the Borrowers, and the Borrowers shall immediately pay such corresponding amount to the Administrative Agent, without any prepayment penalty or premium, but with interest on the amount repaid, for each day from the date such amount is made available to the Borrowers until the date such amount is repaid to the Administrative Agent, at the rate of interest applicable at the time to such Loan. Nothing herein shall be deemed to relieve any Bank of its obligation to fulfill its Revolving Loan Commitment hereunder or to prejudice any rights which the Borrowers may have against any Bank as a result of any default by such Bank hereunder.
Funding Assumptions. Solely for purposes of calculating amounts payable by the Borrower to the Banks under this Article V, each Eurodollar Rate Loan made by a Bank (and any related reserve, special deposit or similar requirement) shall be conclusively deemed to have been funded at the Interbank Rate used in determining the Eurodollar Rate for such Eurodollar Rate Loan by a matching deposit or other borrowing in the interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Loan is in fact so funded.
Funding Assumptions. 36 SECTION 6.06
Funding Assumptions. Solely for purposes of calculating amounts payable by the Company to the Lender under this Article V, each Loan made, converted or continued by the Lender whose interest is determined by reference to the Eurodollar Rate shall be conclusively deemed to have been funded at the Eurodollar Rate by a matching deposit or other borrowing in the interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Loan is in fact so funded.
Funding Assumptions. 16 (e) Funding of Net Amount.................................................................17 2.4. Interest..............................................................................17 (a) Base Rate.............................................................................17 (b) LIBO Rate.............................................................................17 (c) Renewals and Conversions of Loans.....................................................17 (d) Automatic Reinstatement...............................................................18 2.5. Fees..................................................................................18 (a) Facility Fee..........................................................................18 (b) Commitment Fee........................................................................18 2.6. Reduction or Termination of Commitment................................................18 (a) Voluntary Reduction or Termination....................................................18 (b) Credit Termination Date Acceleration..................................................18 2.7. Prepayments...........................................................................18 (a) Base Rate Loans.......................................................................18 (b) LIBO Rate Loans.......................................................................19 2.8. Payments..............................................................................19 (a) Base Rate Loans.......................................................................19 (b) LIBO Rate Loans.......................................................................19 (c) Form of Payments, Application of Payments, Payment Administration, Etc................19 (d) Net Payments..........................................................................19 (e) Prepayment of LIBO Rate Loans.........................................................20 (f) Demand Deposit Account................................................................20 2.9. Changes in Circumstances; Yield Protection............................................20 2.10. Illegality............................................................................22 3.
Funding Assumptions. The factors listed below shall be used in the determination of deposits to Employee's segregated account as provided under paragraph 1 above.
Funding Assumptions. BCTEA Parties continue to collect information about the methodology used to calculate First nation Student Transportation costs on the Funding Assumptions form.
Funding Assumptions. Solely for purposes of calculating amounts payable by the Borrower to the Banks under this Article VI, each LIBOR Loan made by a Bank (and any related reserve, special deposit or similar requirement) shall be conclusively deemed to have been funded at the LIBO Rate used in determining the Adjusted LIBO Rate for such LIBOR Loan by a matching deposit or other borrowing in the interbank eurodollar market for a comparable amount and for a comparable period, whether or not such LIBOR Loan is in fact so funded.
Funding Assumptions. Solely for purposes of calculating amounts payable by the Borrower to the Banks under this Article V, each Eurodollar Rate Portion made by a Bank (and each --------- related reserve, special deposit or similar requirement) shall be conclusively deemed to have been funded at the Interbank Rate used in determining the Eurodollar Rate for such Eurodollar Rate Portion by a matching deposit or other borrowing in the interbank Eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Portion is in fact so funded.
Funding Assumptions. In calculating the present value of payments to be made to the Executive under Sections 4 and 5 of the Agreement, as required by Section 7(b)(B) of the Agreement, the Company shall
