Funding of Revolving Advances. (i) Subject to Swing Loan Lender’s option to fund all or any portion of any Revolving Advance as a Swing Loan under Section 2.4, promptly after receipt by Agent of a request for a Revolving Advance pursuant to Section 2.2(a), Agent shall notify Revolving Lenders of its receipt of such request specifying the information provided by Borrowing Agent and the apportionment among Revolving Lenders of the requested Revolving Advance as determined by Agent. Each Revolving Lender shall remit the principal amount of each Revolving Advance to Agent such that Agent is able to, and Agent shall, to the extent Revolving Lenders have made funds available to it for such purpose and subject to Section 8.2, fund such Revolving Advance to Borrower in U.S. Dollars and immediately available funds in accordance with Section 2.3 prior to 1:00 p.m., on the applicable borrowing date; provided that if any Revolving Lender fails to remit such funds to Agent in a timely manner, Agent may elect in its sole discretion to fund with its own funds the Revolving Advance of such Revolving Lender on such borrowing date, and such Lender shall be subject to the repayment obligation in Section 2.20(c)(ii).
Funding of Revolving Advances. Unless the Administrative Agent shall have received notice from a Lender, prior to the requested Funding Date, that such Lender will not make available to the Administrative Agent such Lender’s Pro Rata Share of such Revolving Advance, the Administrative Agent may, but shall not be required to, assume that such Lender has made such share available by such time in accordance with SECTION 2.01 (f) and may in its sole discretion, but shall not be required to, in reliance upon such assumption, make available to the Borrowers a corresponding amount. If such Pro Rata Share is not, in fact, paid to the Administrative Agent by such Lender when due, the Administrative Agent will be entitled to recover such amount on demand from such Lender without setoff, counterclaim or deduction of any kind. If any Lender fails to pay the amount of its Pro Rata Share forthwith upon the Administrative Agent’s demand, the Administrative Agent shall promptly notify the Administrative Borrower and the Borrowers shall immediately repay such amount to the Administrative Agent. Nothing in this SECTION 2.01 (f) or elsewhere in this Agreement or the other Loan Documents shall be deemed to require the Administrative Agent to advance funds on behalf of any Lender or to relieve any Lender from its obligation to fulfill its Commitments hereunder or to prejudice any rights that the Borrowers may have against any Lender as a result of any default by such Lender hereunder. Without limiting the foregoing, to the extent that the Administrative Agent advances funds to the Borrowers on behalf of any Lender and is not reimbursed therefor on the same Business Day as such advance is made, the Administrative Agent shall be entitled to retain for its account all interest accrued on such advance from the date such advance was made until reimbursed by the applicable Lender.
Funding of Revolving Advances. With respect to any Revolving Loans requested (or deemed to be requested) by any Borrower hereunder, each Lender agrees that Agent may, but shall not be obligated to, make such Revolving Loans to Borrowers on behalf of Lenders as an Interim Advance. Neither Agent nor any Lender shall be responsible for any failure by any other Lender to perform its obligations to make Revolving Loans hereunder, and the failure of any Lender to make its Pro Rata Share of any Revolving Loan hereunder shall not relieve any other Lender of its obligation, if any, to make its Pro Rata Share of any Revolving Loans hereunder. If any Borrower makes (or is deemed to have made) a request for a Revolving Loan as provided herein, Agent, at its option and in its discretion, shall do either of the following:
Funding of Revolving Advances. Unless the Administrative Agent shall have received notice from a Lender, prior to the requested Funding Date, that such Lender will not make available to the Administrative Agent such Lender’s Pro Rata Share of such Loans, the Administrative Agent may, but shall not be required to, assume that such Lender has made such share available on such date in accordance with SECTION 2.01(f) and may in its sole discretion, but shall not be required to, in reliance upon such assumption, make available to the Borrowers a corresponding amount. If any Lender either does not make its share of the applicable Loans available to the Administrative Agent or delays in doing so past 4:00 p.m. on the Funding Date (such Lender (until it makes such share available) shall be hereinafter referred to as a “Defaulting Lender”), then the Administrative Agent shall notify the Administrative Agent and the Administrative Borrower of such default. If the Administrative Agent has, in its sole discretion, made available to the Borrowers an amount corresponding to such Defaulting Lender’s Pro Rata Share of the Loans, then the Defaulting Lender and the Borrowers jointly and severally agree to pay such amount to the Administrative Agent on demand with interest thereon, from and including the date such amount is made available to the Borrowers to the date of payment to the Administrative Agent, at:
Funding of Revolving Advances. Promptly after receipt of a Notice of Borrowing under the immediately preceding subsection (b), the Agent shall notify each Lender by telex or telecopy, or other similar form of transmission, of the proposed borrowing. Each Lender shall deposit an amount equal to the Revolving Advance to be made by such Lender to the Borrower with the Agent at the Principal Office, in immediately available funds not later than 9:00 a.m. San Francisco time on the date of such proposed Revolving Advances. Subject to fulfillment of all applicable conditions set forth herein, the Agent shall make available to the Borrower at the Principal Office, not later than 11:00 a.m. San Francisco time on the date of the requested borrowing of Revolving Advances, the proceeds of such amounts received by the Agent.
Funding of Revolving Advances. (i) Promptly after receipt by Agent of a request for a Revolving Advance pursuant to Section 2.2, Agent shall notify Revolving Credit Lenders of its receipt of such request specifying the information provided by Borrower and the apportionment among Revolving Credit Lenders of the requested Revolving Advance as determined by Agent. Each Revolving Credit Lender that elects, in its sole discretion, to make its Ratable Share of such Revolving Advance shall remit the principal amount thereof to Agent such that Agent is able to, and Agent shall, to the extent Revolving Credit Lenders have made funds available to it for such purpose and subject to Section 8.2, fund such Revolving Advance to Borrower in U.S. Dollars and immediately available funds in accordance with Section 2.4(a) prior to 1:00 p.m., on the applicable borrowing date.
Funding of Revolving Advances. Promptly after receipt of a Notice of Borrowing under the immediately preceding subsection (b), the Bank shall deposit an amount equal to the Revolving Advance to be made by the Bank to the Borrower in its account at the Principal Office, in immediately available funds not later than 10:00 a.m. Atlanta time on the date of such proposed Revolving Advances.
Funding of Revolving Advances. Promptly after receipt of a Notice of Borrowing under the immediately preceding subsection (b), the Agent shall notify each Lender by telex or telecopy, or other similar form of transmission, of the proposed borrowing. Each Lender shall deposit an amount equal to the Revolving Advance to be made by such Lender to the Borrower with the Agent at the Principal Office, in immediately available funds not later than 9:00 a.m. San Francisco time on the date of such proposed Revolving Advances. Subject to fulfillment of all applicable conditions set forth herein, the Agent shall make available to the Borrower at the Principal Office, not later than 11:00 a.m. San Francisco time on the date of the requested borrowing of Revolving Advances, the proceeds of such amounts received by the Agent. Borrower hereby authorizes Agent to disburse the proceeds of any Revolving Advance as requested by an authorized representative of the Borrower to any of the accounts designated in Exhibit J hereto. Borrower agrees to be bound by any transfer request: (i) authorized or transmitted by Borrower; or, (ii) made in Borrower’s name and accepted by Agent in good faith and in compliance with these transfer instructions, even if not properly authorized by Borrower. Borrower further agrees and acknowledges that Agent may rely solely on any bank routing number or identifying bank account number or name provided by Borrower to effect a wire or funds transfer even if the information provided by Borrower identifies a different bank or account holder than named by the Borrower. Agent will inform Borrower of any errors actually known by Agent in any information provided by Borrower, but Agent is not obligated or required in any way to take any actions to detect errors in information provided by Borrower. If Agent takes any actions in an attempt to detect errors in the transmission or content of transfer or requests or takes any actions in an attempt to detect unauthorized funds transfer requests, Borrower agrees that no matter how many times Agent takes these actions Agent will not in any situation be liable for failing to take or correctly perform these actions in the future and such actions shall not become any part of the transfer disbursement procedures authorized under this provision, the Loan Documents, or any agreement between Agent and Borrower or between any Lender and Borrower. Borrower agrees to notify Agent of any errors in the transfer of any funds or of any unauthorized or imprope...
