Common use of Funding of Money Market Loans Clause in Contracts

Funding of Money Market Loans. No earlier than the time specified in Section 2.06(a) for the Agent to give notice concerning cancellation of the Money Market Borrowing (unless the Agent shall have earlier informed each Bank making a Money Market Loan on such Money Market Funding Date that it intends to give no such notice) and no later than 1:00 p.m. (Los Angeles time) on the Money Market Funding Date, each Bank will make available the Money Market Loan, if any, to be made by such Bank as part of the Money Market Borrowing requested to be made on such date in the manner provided below. All amounts shall be made available to the Company in Dollars and immediately available funds at the Company's account specified in the relevant Notice of Money Market Borrowing.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Health Care Property Investors Inc), Credit Agreement (Health Care Property Investors Inc), Revolving Credit Agreement (Health Care Property Investors Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.