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: Financing Commitment (Evergreen Resources Inc), Financing Commitment (Carbon Energy Corp)
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' β acceptances shall be the net proceeds thereof) into the appropriate Borrower's βs account for value on the Banking Day on which the advance is to take place.
Appears in 1 contract
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
