Common use of Funding by Lenders Clause in Contracts

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.), New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company by crediting the amounts so received within two hours of receipt from the Lenders, in like funds, to an account of the Company maintained with the Administrative Agent in New York City and designated by the Company in the applicable Borrowing Request.

Appears in 4 contracts

Samples: Assignment and Assumption (American International Group, Inc.), Assignment and Assumption (American International Group, Inc.), Assignment and Assumption (SAFG Retirement Services, Inc.)

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Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.), New York City timeLocal Time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company applicable Borrower by crediting the amounts so received within two hours of receipt from the Lenders, in like funds, to an account of such Borrower or the Company maintained with the Administrative Agent in New York City and designated by the Company such Borrower in the applicable Borrowing Request.

Appears in 3 contracts

Samples: Credit Agreement (American International Group Inc), Credit Agreement (American International Group Inc), Credit Agreement (American International Group Inc)

Funding by Lenders. Each Lender shall make each the Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by (x) 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.)noon, New York City time, in the case of Eurodollar Loans or (y) 1:00 p.m., New York City time, in the case of ABR Loans, in each case to the account of the Administrative Agent at the Administrative Agent’s Office most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company Borrower by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of the Company Borrower maintained with the Administrative Agent in New York City and designated by or London, as applicable, or otherwise in accordance with the Company Borrower’s instructions, in each case as set forth in the applicable Borrowing Request.

Appears in 2 contracts

Samples: Bridge Loan Agreement (Newell Brands Inc), Joinder Agreement (Newell Rubbermaid Inc)

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.), New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company applicable Borrower by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of such Borrower or the Company maintained with the Administrative Agent in New York City and designated by the Company such Borrower in the applicable Borrowing Request.

Appears in 2 contracts

Samples: Credit Agreement (American International Group Inc), Assignment and Assumption (American International Group Inc)

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.)noon, New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders; provided that Swingline Loans shall be made as provided in Section 2.05. The Administrative Agent will make such Loans available to the Company Borrower by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of the Company Borrower maintained with the Administrative Agent in New York City and designated by the Company Borrower in the applicable Borrowing Request or Competitive Bid Request.

Appears in 2 contracts

Samples: Credit Agreement (Harte Hanks Inc), Harte Hanks Inc

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.), New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company Borrower by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of the Company Borrower maintained with the Administrative Agent in New York City and designated by the Company Borrower in the applicable Borrowing Request.

Appears in 2 contracts

Samples: Credit Agreement (First American Financial Corp), Credit Agreement (First American Financial Corp)

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.)noon, New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to Borrower by promptly (and, if specifically requested by Borrower in the Company applicable Borrowing Request, then by 1:00 p.m., New York City time) crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of the Company Borrower maintained with the Administrative Agent in New York City and designated by the Company Borrower in the applicable Borrowing Request.

Appears in 1 contract

Samples: Credit Agreement (Jones Lang LaSalle Income Property Trust, Inc.)

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 4:00 p.m.), New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders; provided that Swingline Loans shall be made as provided in Section 2.04. The Administrative Agent will make such Loans available to the Company Borrowers by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of the Company Borrowers maintained with the Administrative Agent in New York City and designated by the Company Lead Borrower in the applicable Borrowing Request.

Appears in 1 contract

Samples: Credit Agreement (Isp Minerals LLC)

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Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.), New York City time, to the Three-Year Credit Agreement account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company applicable Borrower by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of such Borrower or the Company maintained with the Administrative Agent in New York City and designated by the Company such Borrower in the applicable Borrowing Request.

Appears in 1 contract

Samples: Assignment and Assumption (American International Group Inc)

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.), New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company applicable Borrower by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of such 364-Day Credit Agreement Borrower or the Company maintained with the Administrative Agent in New York City and designated by the Company such Borrower in the applicable Borrowing Request.

Appears in 1 contract

Samples: Assignment and Assumption (American International Group Inc)

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds Same Day Funds by 12:00 noon (or, in the case of an ABR a Base Rate Borrowing, 2:00 p.m.), New York City timeLocal Time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company applicable Borrower by crediting the amounts so received within two hours of receipt from the Lenders, in like funds, to an account of such Borrower or the Company maintained with the Administrative Agent in New York City and designated by the Company such Borrower in the applicable Borrowing Request.

Appears in 1 contract

Samples: Credit Agreement (American International Group, Inc.)

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.), New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders; provided that Swingline Loans shall be made as provided in Section 2.05. The Administrative Agent will make such Loans available to the Company relevant Borrower by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of the Company such Borrower maintained with the Administrative Agent in New York City and designated by the Company such Borrower in the applicable Borrowing Request or Competitive Bid Request.

Appears in 1 contract

Samples: Advances and Security Agreement (Washington Mutual Inc)

Funding by Lenders. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 noon (or, in the case of an ABR Borrowing, 2:00 p.m.), New York City time, to the Four-Year Credit Agreement account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Company applicable Borrower by promptly crediting the amounts so received within two hours of receipt from the Lendersreceived, in like funds, to an account of such Borrower or the Company maintained with the Administrative Agent in New York City and designated by the Company such Borrower in the applicable Borrowing Request.

Appears in 1 contract

Samples: Assignment and Assumption (American International Group Inc)

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