Common use of Funding of Availments Clause in Contracts

Funding of Availments. Where applicable, all Availments requested by the Borrower shall be made available by deposit of the applicable funds (which in the case of bankers' acceptances shall be the net proceeds thereof) into the appropriate Borrower's account for value on the Banking Day on which the advance is to take place.

Appears in 2 contracts

Samples: Evergreen Resources Inc, Carbon Energy Corp

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Funding of Availments. Where applicable, all Availments requested by the Borrower shall be made available by deposit of the applicable funds (which in the case of bankers' ’ acceptances shall be the net proceeds thereof) into the appropriate Borrower's ’s account for value on the Banking Day on which the advance is to take place.

Appears in 1 contract

Samples: Carbon Energy Corp

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Funding of Availments. Where applicable, all Availments requested by the Borrower shall be made available by deposit of the applicable funds (which in the case of bankers' acceptances shall be the net proceeds thereof) into the appropriate Borrower's account for value on the Banking Day on which the advance is to take place.

Appears in 1 contract

Samples: Carbon Energy Corp

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