Common use of Funding Procedures Clause in Contracts

Funding Procedures. Not later than 1:00 p.m. (Charlotte, North Carolina time) on the proposed Drawdown Date of any Loan, each of the Banks will make available to the Administrative Agent, at the Administrative Agent’s Head Office, in immediately available funds, the amount of such Bank’s Commitment Percentage of the amount of the requested Loan. Upon receipt from each Bank of such amount, and upon receipt of the documents required by Section 10 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan made available to the Administrative Agent by the Banks. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan shall not relieve any other Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amount.

Funding Procedures. Not later than 1:00 p.m. (Charlotte, North Carolina time) on the proposed Drawdown Date of any Revolving Credit Loan, each of the Banks will make available to the Administrative Agent, at the Administrative Agent’s Head Office, in immediately available funds, the amount of such Bank’s Commitment Percentage of the amount of the requested Revolving Credit Loan. Upon receipt from each Bank of such amount, and upon receipt of the documents required by Section 10 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower requesting such Loan the aggregate amount of such Loan made available to the Administrative Agent by the Banks. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan shall not relieve any other Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amount.

Funding Procedures. Not later than 1:00 p.m. (Charlotte, North Carolina time) 12:00 noon on the proposed Drawdown Date of any Loan, each of the Banks Lenders will make available to the Administrative Agent, at the Administrative Agent’s Head Office, in immediately available funds, the amount of such BankLender’s Tranche A Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank Lender of such amount, and upon receipt of the documents required by Section 10 §§11 and 12 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Loans made available to the Administrative Agent by the BanksLenders. The failure or refusal of any Bank Lender to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Tranche A Commitment Percentage of the requested Loan Loans shall not relieve any other Bank Lender from its several obligation hereunder to make available to the Administrative Agent the amount of such other BankLender’s Tranche A Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.

Funding Procedures. Not later than 1:00 p.m. 11:00 a.m. (Charlotte, North Carolina Boston time) on the proposed Drawdown Date of any LoanLoans, each of the Banks Lenders will make available to the Administrative Agent, at the Administrative Agent’s Head Office, in immediately available funds, the amount of such BankLender’s Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank Lender of such amount, and upon receipt of the documents required by Section 10 §§11 and 12 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Loans made available to the Administrative Agent by the BanksLenders. The failure or refusal of any Bank Lender to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Loans shall not relieve any other Bank Lender from its several obligation hereunder to make available to the Administrative Agent the amount of such other BankLender’s Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.

Funding Procedures. Not later than 1:00 2:00 p.m. (CharlotteChicago, North Carolina Illinois, time) on the proposed Drawdown Date of any Loan, each of the Banks Lenders will make available to the Administrative Agent, at the Administrative Agent’s Head 's Payment Office, in immediately available funds, the amount of such Bank’s Lender's Commitment Percentage of the amount of the requested Loan. Upon receipt from each Bank Lender of such amount, and upon receipt of the documents required by Section 10 ss.ss.11 and 12 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower Borrowers the aggregate amount of such Loan made available to the Administrative Agent by the BanksLenders. The failure or refusal of any Bank Lender to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan shall not relieve any other Bank Lender from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s Lender's Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amount.

Funding Procedures. Not later than 1:00 4:30 p.m. (Charlotte, North Carolina time) on the proposed Drawdown Date of any Revolving Credit Loan, each of the Banks will make available to the Administrative Agent, at the Administrative Agent’s Head Principal Office, in immediately available funds, the amount of such Bank’s Commitment Percentage of the amount of the requested Revolving Credit Loan. Upon receipt from each Bank of such amount, and upon receipt of the documents required by Section 10 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower requesting such Loan the aggregate amount of such Loan made available to the Administrative Agent by the Banks. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan shall not relieve any other Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amount.

Funding Procedures. Not later than 1:00 p.m. 11:00 a.m. (Charlotte, North Carolina Boston time) on the proposed Drawdown Date of any LoanLoans, each of the Banks Lenders will make available to the Administrative Agent, at the Administrative Agent’s Head 's Office, in immediately available funds, the amount of such Bank’s Lender's Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank Lender of such amount, and upon receipt of the documents required by Section 10 (S)(S)11 and 12 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Loans made available to the Administrative Agent by the BanksLenders. The failure or refusal of any Bank Lender to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Loans shall not relieve any other Bank Lender from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s Lender's Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.

Funding Procedures. Not later than 1:00 p.m. 11:00 a.m. (Charlotte, North Carolina Chicago time) on the proposed Drawdown Date of any LoanLoans, each of the Banks will make available to the Administrative Agent, at the Administrative Agent’s its Head Office, in immediately available funds, the amount of such Bank’s 's Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank of such amount, and upon receipt of the documents required by Section 10 Sections 11 and 12 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Loans made available to the Administrative Agent by the Banks. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Loans shall not relieve any other Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s 's Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.

Funding Procedures. Not later than 1:00 p.m. (Charlotte, North Carolina Connecticut time) on the proposed Drawdown Date of any LoanLoans, each of the Banks Lenders will make available to the Administrative Agent, at the Administrative Agent’s Head Office, in immediately available funds, the amount of such BankLender’s Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank Lender of such amount, and upon receipt of the documents required by Section 10 §§11 and 12 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower Borrowers the aggregate amount of such Loan Loans made available to the Administrative Agent by the BanksLenders. The failure or refusal of any Bank Lender to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Loans shall not relieve any other Bank Lender from its several obligation hereunder to make available to the Administrative Agent the amount of such other BankLender’s Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.

Funding Procedures. Not later than 1:00 p.m. 11:00 a.m. (Charlotte, North Carolina Boston time) on the proposed Drawdown Date of any LoanSyndicated Loans, each of the Banks will make available to the Administrative Agent, at the Administrative Agent’s 's Head Office, in immediately available funds, the amount of such Bank’s 's Commitment Percentage of the amount of the requested LoanSyndicated Loans. Upon receipt from each Bank of such amount, and upon receipt of the documents required by Section Sections 10 and 11 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Syndicated Loans made available to the Administrative Agent by the Banks. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Syndicated Loans shall not relieve any other Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s 's Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountSyndicated Loans.

Funding Procedures. Not later than 1:00 p.m. (Charlotte, North Carolina Boston time) on the proposed Drawdown Date of any LoanLoans, each of the Banks Lenders will make available to the Administrative Agent, at the Administrative Agent’s Head Office, in immediately available funds, the amount of such BankLender’s Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank Lender of such amount, and upon receipt of the documents required by Section §§10 and 11 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Loans made available to the Administrative Agent by the BanksLenders. The failure or refusal of any Bank Lender to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Loans shall not relieve any other Bank Lender from its several obligation hereunder to make available to the Administrative Agent the amount of such other BankLender’s Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.

Funding Procedures. Not later than 1:00 p.m. 11 o'clock a.m. (Charlotte, North Carolina Boston time) on the proposed Drawdown Date of any LoanRevolving Credit Loans, each of the Banks will make available to the Administrative Agent, at the Administrative Agent’s its Head Office, in immediately available funds, the amount of such Bank’s 's Commitment Percentage of the amount of the requested LoanRevolving Credit Loans. Upon receipt from each Bank of such amount, and upon receipt of the documents required by Section 10 12 and 13 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Revolving Credit Loans made available to the Administrative Agent by the Banks. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Revolving Credit Loans shall not relieve any other Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s 's Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountRevolving Credit Loans.

Funding Procedures. Not later than 1:00 p.m. 11:00 a.m. (Charlotte, North Carolina New York City time) on the proposed Drawdown Date of any LoanLoans, each of the Banks Lenders will make available to the Administrative Agent, at the Administrative Agent’s Head Office, in immediately available funds, the amount of such BankLender’s Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank Lender of such amount, and upon receipt of the documents required by Section §§10 and 11, and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Loans made available to the Administrative Agent by the BanksLenders. The failure or refusal of any Bank Lender to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Loans shall not relieve any other Bank Lender from its several obligation hereunder to make available to the Administrative Agent the amount of such other BankLender’s Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.

Funding Procedures. Not later than 1:00 p.m. (Charlotte, North Carolina Boston time) on the proposed Drawdown Date of any LoanRevolving Credit Loans, each of the Banks will make available to the Administrative Agent, at the Administrative Agent’s 's Head Office, in immediately available funds, the amount of such Bank’s 's Commitment Percentage of the amount of the requested LoanRevolving Credit Loans. Upon receipt from each Bank of such amount, and upon receipt of the documents required by Section Section 10 and 11 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Revolving Credit Loans made available to the Administrative Agent by the Banks. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Revolving Credit Loans shall not relieve any other Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s 's Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountRevolving Credit Loans.

Funding Procedures. Not later than 1:00 p.m. (Charlotte, North Carolina Boston time) on the proposed Drawdown Date of any LoanLoans, each of the Banks Lenders will make available to the Administrative Agent, at the Administrative Agent’s Head Office, in immediately available funds, the amount of such BankXxxxxx’s Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank Lender of such amount, and upon receipt of the documents required by Section §§10 and 11 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Loans made available to the Administrative Agent by the BanksLenders. The failure or refusal of any Bank Lender to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Loans shall not relieve any other Bank Lender from its several obligation hereunder to make available to the Administrative Agent the amount of such other BankLender’s Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.

Funding Procedures. Not later than 1:00 p.m. 11:00 a.m. (Charlotte, North Carolina Boston time) on the proposed Drawdown Date of any LoanLoans (other than Swing Line Loans), each of the Banks will make available to the Administrative Agent, at the Administrative Agent’s its Head Office, in immediately available funds, the amount of such Bank’s 's Commitment Percentage of the amount of the requested LoanLoans. Upon receipt from each Bank of such amount, and upon receipt of the documents required by Section 10 Sections 13 and 14 and the satisfaction of the other conditions set forth therein, to the extent applicable, the Administrative Agent will make available to the Borrower the aggregate amount of such Loan Loans made available to the Administrative Agent by the Banks. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time and place on any Drawdown Date the amount of its Commitment Percentage of the requested Loan Loans shall not relieve any other Bank from its several obligation hereunder to make available to the Administrative Agent the amount of such other Bank’s 's Commitment Percentage of any requested Loan, but no other Bank shall be liable in respect of the failure of such Bank to make available such amountLoans.