Common use of Funding Excess Clause in Contracts

Funding Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03, the Administrative Agent shall notify the Borrower and the Servicer of any Funding Excess on such day, and the Borrower shall deposit the amount of such Funding Excess in the Collection Account by 12:00 noon (New York time) on the immediately succeeding Business Day.

Funding Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03Period, the Administrative Agent shall notify the Borrower and the Servicer of any Funding Excess on such day, and the Borrower shall deposit the amount of such Funding Excess in the Collection Account by 12:00 noon 11:00 a.m. (New York time) on the immediately succeeding Business Day.

Funding Excess. On each Business Day during the Revolving Period and after completion of the disbursements specified in Section 6.03Period, the Administrative Agent shall notify the Borrower and the Servicer of any Funding Excess on such day, and to the extent funds deposited in the Agent Account by the Servicer pursuant to Section 2.08(f) are insufficient to pay the amount of such Funding Excess, the Borrower shall deposit the amount of such Funding Excess (or the amount of such insufficiency) in the Collection Agent Account by 12:00 noon 11:00 a.m. (New York time) on the immediately succeeding Business Day.

Funding Excess. On each Business Day during the -------------- Revolving Period and after completion of the disbursements specified in Section 6.03Period, the Administrative Agent shall notify the Borrower and the Servicer of any Funding Excess on such day, and the Borrower shall deposit the amount of such Funding Excess in the Collection Account by 12:00 noon 11:00 a.m. (New York time) on the immediately succeeding Business Day.