Common use of Funding of Committed Loans Clause in Contracts

Funding of Committed Loans. (i) Not later than 12:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender shall, subject to this Section 2.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Committed Loan and the Agent shall pay over such funds to the Borrower not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the Borrower, (B) the Borrower’s Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower shall be liable to each Lender in accordance with Section 6.4 and (D) the Agent shall return the amount previously provided to the Agent by each Lender on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 1:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c3.2(c), provide the Agent at its Notice Office with immediately available funds covering such LenderBank’s Committed Loan (provided, that a Bank’s obligation to provide funds to the Agent shall be deemed satisfied by such Bank’s delivery to the Agent at its Notice Office not later than 1:30 p.m., New York City time, of a Federal reserve wire confirmation number covering the proceeds of such Bank’s Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 10 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the BorrowerCompany’s Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 7.4 and (D) the Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 1:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c3.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Bank's Committed Loan (provided, that a Bank's obligation to provide funds to the Agent shall be deemed satisfied by such Bank's delivery to the Agent at its Notice Office not later than 1:30 p.m., New York City time, of a Federal reserve wire confirmation number covering the proceeds of such Bank's Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 10 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the Borrower’s Company's Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 7.4 and (D) the Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 1:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c3.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Bank's Committed Loan (provided that a Bank's obligation to provide funds to the Agent shall be deemed satisfied by such Bank's delivery to the Agent at its Notice Office not later than 1:30 p.m., New York City time, of a federal reserve wire confirmation number covering the proceeds of such Bank's Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 10 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the Borrower’s Company's Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 7.4(b) and (D) the Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 1:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c3.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Bank's Committed Loan (provided, that a Bank's obligation to provide funds to the Agent shall be deemed satisfied by such Bank's delivery to the Agent at its Notice Office not later than 1:30 p.m., New York City time, of a Federal reserve wire confirmation number covering the proceeds of such Bank's Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 10 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the Borrower’s Company's Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 7.4(b) and (D) the Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c), provide the Agent at its Notice Office with immediately available funds covering such LenderBank’s Committed Loan (provided, that, a Bank’s obligation to provide funds to the Agent shall be deemed satisfied by such Bank’s delivery to the Agent at its Notice Office not later than 12:30 p.m., New York City time, of a Federal reserve wire confirmation number covering the proceeds of such Bank’s Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the BorrowerCompany’s Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 and (D) the Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender shall, subject to this Section 2.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Committed Loan and the Agent shall pay over such funds to the Borrower not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the Borrower, (B) the Borrower’s Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower shall be liable to each Lender in accordance with Section 6.4 and (D) the Agent shall return the amount previously provided to the Agent by each Lender on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 1:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c), provide the Agent at its Notice Office with immediately available funds covering such LenderBank’s Committed Loan (provided, that a Bank’s obligation to provide funds to the Agent shall be deemed satisfied by such Bank’s delivery to the Agent at its Notice Office not later than 1:30 p.m., New York City time, of a Federal reserve wire confirmation number covering the proceeds of such Bank’s Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the BorrowerCompany’s Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 and (D) the Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 1:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c3.2(c), -------------- provide the Agent at its Notice Office with immediately available funds covering such Lender’s Bank's Committed Loan (provided that a Bank's obligation to -------- provide funds to the Agent shall be deemed satisfied by such Bank's delivery to the Agent at its Notice Office not later than 1:30 p.m., New York City time, of a federal reserve wire confirmation number covering the proceeds of such Bank's Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 ------- 10 with respect to such Committed Loan and the other conditions precedent to the -- making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the Borrower’s Company's Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans and CD Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 7.4(b) and (D) the -------------- Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 1:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c3.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Bank's Committed Loan (provided, that a Bank's obligation to provide funds to the Agent shall be deemed satisfied by such Bank's delivery to the Agent at its Notice Office not later than 1:30 p.m., New York City time, of a federal reserve wire confirmation number covering the proceeds of such Bank's Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 10 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the Borrower’s Company's Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 7.4(b) and (D) the Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 1:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender Bank shall, subject to this Section 2.2(c3.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Bank's Committed Loan (provided, that a Bank's obligation to provide funds to the Agent shall be deemed satisfied by such Bank's delivery to the Agent at its Notice Office not later than 1:30 p.m., New York City time, of a Federal reserve wire confirmation number covering the proceeds of such Bank's Committed Loan) and the Agent shall pay over such funds to the Borrower Company not later than 2:00 p.m., New Credit Agreement York City time, on such day if the Agent shall have received the documents required under Section 9 10 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the BorrowerCompany, (B) the Borrower’s Company's Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower Company shall be liable to each Lender Bank in accordance with Section 6.4 7.4(a) and (D) the Agent shall return the amount previously provided to the Agent by each Lender Bank on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender shall, subject to this Section 2.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Committed Loan (provided, that, a Lender’s obligation to provide funds to the Agent shall be deemed satisfied by such Lender’s delivery to the Agent at its Notice Office not later than 12:30 p.m., New York City time, of a Federal reserve wire confirmation number covering the proceeds of such Lender’s Committed Loan) and the Agent shall pay over such funds to the Borrower not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the Borrower, (B) the Borrower’s Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower shall be liable to each Lender in accordance with Section 6.4 and (D) the Agent shall return the amount previously provided to the Agent by each Lender on the next following Business Day.

Funding of Committed Loans. (i) Not later than 12:30 p.m., New York City time, on the applicable Funding Date of a Committed Loan, each Lender shall, subject to this Section 2.2(c), provide the Agent at its Notice Office with immediately available funds covering such Lender’s Committed Loan (provided, that, a Lender’s obligation to provide funds to the Agent shall be deemed satisfied by such Lender’s delivery to the Agent at its Notice Office not later than 12:30 p.m., New York City time, of a Federal reserve wire confirmation number covering the proceeds of such Lender’s Committed Loan) and the Agent shall pay over such funds to the Borrower not later than 2:00 p.m., New York City time, on such day if the Agent shall have received the documents required under Section 9 with respect to such Committed Loan and the other conditions precedent to the making of such Committed Loan shall have been satisfied not later than 11:00 10:00 a.m., New York City time, on such day. If the Agent does not receive such documents or such other conditions precedent have not been satisfied prior to such time, then (A) the Agent shall not pay over such funds to the Borrower, (B) the Borrower’s Committed Loan Request related to such Committed Loan shall be deemed cancelled in its entirety, (C) in the case of Committed Loan Requests relative to LIBOR Rate Loans, the Borrower shall be liable to each Lender in accordance with Section 6.4 and (D) the Agent shall return the amount previously provided to the Agent by each Lender on the next following Business Day.. Credit Agreement