Common use of Lender Funding and Disbursement Clause in Contracts

Lender Funding and Disbursement. Each Lender shall, by 11:00 AM (Portland time) on the date of each borrowing under Section 3.1, make available to Administrative Lender at Administrative Lender’s Office, in same day or immediately available funds, such Lender’s Ratable Portion thereof. After Administrative Lender’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Article VII hereof, Administrative Lender will promptly disburse such funds in same day or immediately available funds to Borrowers. Unless otherwise directed by Borrowers’ Agent in writing, Administrative Lender shall disburse the proceeds of each borrowing to Parent by deposit to any demand deposit account maintained by Parent with Administrative Lender designated by Borrowers’ Agent in a notice to Administrative Lender.

Lender Funding and Disbursement. Each Except as otherwise expressly set forth herein, each Lender shall, by 11:00 AM (Portland time) on the date of each borrowing under Section 3.1, make available to Administrative Lender Agent at Administrative LenderAgent’s Office, in same day or immediately available funds, such Lender’s Ratable Portion Commitment Percentage thereof. After Administrative LenderAgent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Article VII hereofV, Administrative Lender Agent will promptly disburse such funds in same day or immediately available funds to BorrowersBorrower. Unless otherwise directed by Borrowers’ Agent Borrower in writing, Administrative Lender Agent shall disburse the proceeds of each borrowing to Parent Borrower by deposit to any demand deposit account maintained by Parent Borrower with Administrative Lender Agent designated by Borrowers’ Agent Borrower in a notice to Administrative LenderAgent.

Lender Funding and Disbursement. Each Lender shall, by 11:00 AM (Portland time) on the date of each borrowing under Section 3.1, Section 3.3 or Section 3.4, make available to Administrative Lender at Administrative Lender’s 's Office, in same day or immediately available funds, such Lender’s 's Ratable Portion thereof. After Administrative Lender’s 's receipt of such funds and upon fulfillment of the applicable conditions set forth in Article VII hereof, Administrative Lender will promptly disburse such funds in same day or immediately available funds to Borrowers. Unless otherwise directed by Borrowers’ ' Agent in writing, Administrative Lender shall disburse the proceeds of each borrowing to Parent by deposit to any demand deposit account maintained by Parent with Administrative Lender designated by Borrowers’ ' Agent in a notice to Administrative Lender.

Lender Funding and Disbursement. Each Lender shall, by 11:00 AM A.M. (Portland time) on the date of each borrowing under Section 3.1, make available to Administrative Lender at Administrative Lender’s 's Office, in same day or immediately available funds, such Lender’s 's Ratable Portion thereof. After Administrative Lender’s 's receipt of such funds and upon fulfillment of the applicable conditions set forth in Article VII hereofVII, Administrative Lender will promptly disburse such funds in same day or immediately available funds to Borrowers. Unless otherwise directed by Borrowers’ ' Agent in writing, Administrative Lender shall disburse the proceeds of each borrowing to Parent Borrowers by deposit to any demand deposit account maintained by Parent with Administrative Lender a Lender, which account is designated by Borrowers’ ' Agent in a notice to Administrative Lender.

Lender Funding and Disbursement. Each Lender shall, by 11:00 AM (Portland time) on the date of each borrowing under Section 3.13.1 or Section 3.3, make available to Administrative Lender at Administrative Lender’s 's Office, in same day or immediately available funds, such Lender’s 's Ratable Portion thereof. After Administrative Lender’s 's receipt of such funds and upon fulfillment of the applicable conditions set forth in Article VII hereof, Administrative Lender will promptly disburse such funds in same day or immediately available funds to Borrowers. Unless otherwise directed by Borrowers’ ' Agent in writing, Administrative Lender shall disburse the proceeds of each borrowing to Parent by deposit to any demand deposit account maintained by Parent with Administrative Lender designated by Borrowers’ ' Agent in a notice to Administrative Lender.

Lender Funding and Disbursement. Each Lender shall, by 11:00 AM (Portland time) on the date of each borrowing under Section 3.13.1 or 3.3, make available to Administrative Lender at Administrative Lender’s Office, in same day or immediately available funds, such Lender’s Ratable Portion thereof. After Administrative Lender’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Article VII hereof, Administrative Lender will promptly disburse such funds in same day or immediately available funds to Borrowers. Unless otherwise directed by Borrowers’ Agent in writing, Administrative Lender shall disburse the proceeds of each borrowing to Parent by deposit to any demand deposit account maintained by Parent with Administrative Lender designated by Borrowers’ Agent in a notice to Administrative Lender.