Common use of Funding of Net Amount Clause in Contracts

Funding of Net Amount. If the Banks make a Loan on a day on which all or any part of an outstanding Loan from the Banks is to be repaid, each Bank shall apply the proceeds of its new Loan to make such repayment and only an amount equal to the difference (if any) between the amount being borrowed and the amount being repaid shall be made available by such Bank to the Borrowers as provided in clause (c).

Funding of Net Amount. If the Banks make Bank makes a Loan on a day on which all or any part of an outstanding Loan from the Banks Bank is to be repaid, each the Bank shall apply the proceeds of its new Loan to make such repayment and only an amount equal to the difference (if any) between the amount being borrowed and the amount being repaid shall be made available by such the Bank to the Borrowers Jevic as provided in clause (c).

Funding of Net Amount. If the Banks make a Loan on a day on which all or any part of an outstanding Loan from the Banks is to be repaid, each Bank shall apply the proceeds of its new Loan to make such repayment and only an amount equal to the difference (if any) between the amount being borrowed and the amount being repaid shall be made available by such Bank to the Borrowers Hxxx Companies as provided in clause (c).

Funding of Net Amount. If the Banks make Bank makes a Loan on a day on which all or any part of an outstanding Loan from the Banks Bank is to be repaid, each the Bank shall apply the proceeds of its new Loan to make such repayment and only an amount equal to the difference (if any) between the amount being borrowed and the amount being repaid shall be made available by such the Bank to the Borrowers Hxxx Companies as provided in clause (c).

Funding of Net Amount. If the Banks make Bank makes a Loan on a day on which all or any part of an outstanding Loan from the Banks Bank is to be repaid, each the Bank shall apply the proceeds of its new Loan to make such repayment and only an amount equal to the difference (if any) between the amount being borrowed and the amount being repaid shall be made available by such the Bank to the Borrowers CLC as provided in clause (c).

Funding of Net Amount. If the Banks make Bank makes a Loan on a day on which all or any part of an outstanding Loan from the Banks Bank is to be repaid, each the Bank shall apply the proceeds of its new Loan to make such repayment and only an amount equal to the difference (if any) between the amount being borrowed and the amount being repaid shall be made available by such the Bank to the Borrowers ABL or FLC, as applicable, as provided in clause (c2.3.(c).