Lenders’ Obligations. Each applicable Lender will, prior to 12:00 noon (Toronto, Ontario time) on the proposed date on which an Advance is to take place (other than by way of Bankers' Acceptances), credit the account of the Agent specified in the Agent's notice given pursuant to Section 5.5 with such Lender's Rateable Portion of such Advance, and by 1:00 p.m. (Toronto, Ontario time) on the same date, the Agent will make available to the Borrower the amount so credited.
Appears in 4 contracts
Samples: Credit Agreement (Harvest Operations Corp.), Credit Agreement (Harvest Operations Corp.), Credit Agreement (Harvest Operations Corp.)
Lenders’ Obligations. Each applicable Lender will, prior to 12:00 noon (Toronto, Ontario time) on the proposed date on which an Advance is to take place (other than by way of Bankers' Acceptances), credit the account of the Agent specified in the Agent's notice given pursuant to Section 5.5 with such Lender's Rateable Portion of such Advance, and by 1:00 p.m. (Toronto, Ontario time) on the same date, the Agent will make available to the Borrower the amount so credited.
Appears in 2 contracts
Samples: Credit Agreement (Harvest Energy Trust), Bridge Credit Agreement (Harvest Energy Trust)
Lenders’ Obligations. Each applicable Lender will, prior to 12:00 noon (Toronto, Ontario Toronto time) on the proposed date on which an Advance is to take place (other than by way of Bankers' Acceptances)place, credit the account of the Agent specified in the Agent's ’s notice given pursuant to Section 5.5 4.4 with such Lender's ’s Rateable Portion of such Advance, and by 1:00 p.m. (Toronto, Ontario Toronto time) on the same date, the Agent will make available to the Borrower the amount so credited.
Appears in 2 contracts
Samples: Credit Agreement (Protective Products of America, Inc.), Credit Agreement (Protective Products of America, Inc.)
Lenders’ Obligations. Each applicable Lender will, prior to 12:00 noon (Toronto, Ontario time) on the proposed date on which an Advance is to take place (other than by way of Bankers' Acceptances)place, credit the account of the Agent specified in the Agent's notice given pursuant to Section 5.5 with such Lender's Rateable Portion of such Advance, and by 1:00 p.m. (Toronto, Ontario time) on the same date, the Agent will make available to the Borrower the amount so credited.
Appears in 1 contract
Lenders’ Obligations. Each applicable Lender will, prior to 12:00 noon (Toronto, Ontario Toronto time) on the proposed date on which an Advance is to take place (other than by way of Bankers' ’ Acceptances), credit the account of the Agent specified in the Agent's ’s notice given pursuant to Section 5.5 with such Lender's ’s Rateable Portion of such Advance, and by 1:00 p.m. (Toronto, Ontario Toronto time) on the same date, the Agent will make available to the Borrower the amount so credited.
Appears in 1 contract
Samples: Credit Agreement (Protective Products of America, Inc.)
Lenders’ Obligations. Each applicable Lender will, prior to 12:00 noon (Toronto, Ontario Toronto time) on the proposed date on which an Advance under the Credit Facilities is to take place (other than an Advance by way of Bankers' ’ Acceptances, in which case prior to 2:00 p.m. (Toronto time)), credit the account of the Agent specified in the Agent's ’s notice given pursuant to Section 5.5 with such Lender's ’s Rateable Portion of such Advance, and by 1:00 p.m. (Toronto, Ontario time) on upon receipt of the same datefunds from the Lenders, the Agent will make available to the Borrower the amount so credited.
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