FUNDS FOR SYNDICATED LOANS Sample Clauses

FUNDS FOR SYNDICATED LOANS. Not later than 1:00 p.m. (New York time) on the proposed Drawdown Date of Syndicated Loans, each of the Banks will make available to the Administrative Agent at the Administrative Agent’s Office, in immediately available funds, the amount of its 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 §10 and §11 and the satisfaction of the other conditions set forth therein, the Administrative Agent will make available to the Borrower the aggregate amount of such Syndicated Loans made available 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 Syndicated Loan shall not relieve any other Bank from its several obligations hereunder to make available to the Administrative Agent the amount of such Bank’s Commitment Percentage of the requested Loan.
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FUNDS FOR SYNDICATED LOANS. (a) Not later than 1:00 p.m. (Boston time) on the proposed Drawdown Date of any Syndicated Loans, each of the Banks will make available for the account of its Applicable Lending Office to the Administrative Agent, at its Head Office, in immediately available funds, the amount to be loaned by it on such Drawdown Date. Upon receipt from any Bank of the amount of its Syndicated Loan, and upon receipt of the documents required by Section Section 7.1 and 7.2 hereof to be delivered on or prior to such Drawdown Date, to the extent applicable, the Administrative Agent will make the aggregate amount of such Bank’s Syndicated Loan available to the Borrower by crediting the account of the Borrower at the Administrative Agent’s Head Office specified in the applicable Loan Request with the amount of such Bank’s Syndicated Loan. The failure or refusal of any Bank to make available to the Administrative Agent at the aforesaid time on any Drawdown Date the amount of the Syndicated Loan to be made by such Bank thereon shall not relieve the other Banks from their several obligations hereunder to make Syndicated Loans in the amount of their respective Commitment Percentages of the requested Syndicated Loans and no Bank shall be liable for any other Bank’s failure to lend.
FUNDS FOR SYNDICATED LOANS. 21 Section 2.9. MATURITY OF THE REVOLVING CREDIT LOANS AND REIMBURSEMENT OBLIGATIONS.. . . . . 21 Section 2.10. REQUEST FOR EXTENSION OF REVOLVING CREDIT MATURITY DATE.. . . . . . . . . . . 20 Section 2.11. PREPAYMENTS OR REPAYMENTS OF REVOLVING CREDIT LOANS. . . . . . . . . . . . . 22 Section 2.12. SWING LINE LOANS; SETTLEMENTS.. . . . . . . . . . . . . . . . . . . . . . . . 23 Section 3.
FUNDS FOR SYNDICATED LOANS. ..20 Section 2.9. Maturity of the Revolving Credit Loans and Reimbursement Obligations.................................................................................20 Section 2.10. Request for Extension of Revolving Credit Maturity Date......................20 Section 2.11. Prepayments or Repayments of Revolving Credit Loans..........................21 Section 2.12. Swing Line Loans; Settlements................................................22 Section 3.
FUNDS FOR SYNDICATED LOANS. 21 Section 2.9. MATURITY OF THE LOANS AND REIMBURSEMENT OBLIGATIONS. . . . . . . . . . . . . . .21 Section 2.10. OPTIONAL PREPAYMENTS OR REPAYMENTS OF LOANS.. . . . . . . . . . . . . . . . . .22 Section 2.11. SWING LINE LOANS; SETTLEMENTS.. . . . . . . . . . . . . . . . . . . . . . . . .22 Section 3.
FUNDS FOR SYNDICATED LOANS. 20 Section 2.9. Maturity of the Loans and Reimbursement Obligations...........................20 Section 2.10. Optional Prepayments or Repayments of Loans..................................20 Section 2.11. Swing Line Loans; Settlements................................................21 Section 3.
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