Investing Member I-526 Petition Denial Sample Clauses

Investing Member I-526 Petition Denial. Immediately, upon demand by Lender, Borrower shall make or cause to be made prepayments in accordance with this Section 2.06(c), in an aggregate amount equal to the amount necessary to provide a refund of an Investing Member’s capital contribution to Lender upon a final denial (without appeal or after denial of any appeal) of such Investing Member’s I-526 petition, so long as Lender has not, within 90 days of such final denial (without appeal or after denial of any appeal), (i) made such required refund or (ii) replaced such denied Investing Member with a substitute Investing Member. After such time as (x) Borrower has made or caused to be made a prepayment in accordance with Section 2.06(e), and (y) the corresponding refund by wire transfer is made by Lender to the relevant Investing Member, Lender shall deliver to Borrower the confirmation from the applicable wiring institution of such wire transfer having been made.