Loans Generally. No later than 2:00 P.M. (local time at the Payment Office) on the date specified in each Notice of Borrowing, each Lender will make available its amount, if any, of each Borrowing requested to be made on such date to the Administrative Agent at the Payment Office in Dollars and in immediately available funds and the Administrative Agent promptly will make available to the Borrower by depositing to its account at the Payment Office (or such other account as the Borrower shall specify) the aggregate of the amounts so made available in the type of funds received.
Loans Generally. Each Loan will be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with their applicable Revolving Credit Commitments; provided, however, that the failure of any Lender to make any Loan will not in itself relieve any other Lender of its obligation to lend hereunder (it being understood, however, that no Lender will be responsible for the failure of any other Lender to make any Loan required to be made by such other Lender).
Loans Generally. No later than 4:00 P.M. (local time at the applicable Payment Office) on the date specified in each Notice of Borrowing, each Lender in a Class will make available its amount, if any, of each Borrowing of such Class requested to be made on such date to the Administrative Agent at the applicable Payment Office in Dollars or the applicable Designated Foreign Currency and in immediately available funds and the Administrative Agent promptly will make available to the Borrower by depositing to its account at the applicable Payment Office (or such other account as the Borrower shall specify) the aggregate of the amounts so made available in the type of funds received. For the avoidance of doubt, proceeds of any Borrowing hereunder in a Designated Foreign Currency shall be funded only to the Borrower as provided immediately above.
Loans Generally. No later than 1:00 P.M. (local time at the Payment Office) on the date specified in each Notice of Borrowing or Notice of Competitive Bid Borrowing, each Lender (or, in the case of any such Notice of Competitive Bid Borrowing, each Lender selected by the Borrower to make a Competitive Bid Loan, which has agreed to make such Loan in accordance with Section 2.03) will make available its amount, if any, of each Borrowing requested to be made on such date to the Administrative Agent at the Payment Office in Dollars or the applicable Designated Foreign Currency and in immediately available funds and the Administrative Agent promptly will make available to the Borrower by depositing to its account at the Payment Office (or such other account as the Borrower shall specify) the aggregate of the amounts so made available in the type of funds received.
Loans Generally. As used herein, the term "Loan" or "Loans" shall mean any Revolving Loan or any Term Advance, as the case may be.
Loans Generally. The parties agree that all Loans by Party A to Party B hereunder shall be deemed Transactions entered into under this Agreement.
Loans Generally. The Lender agrees, on the terms and subject to the conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Borrower herein, to make loans (collectively, the “Loans”), in an aggregate principal amount not in excess of the Loan Commitment, to the Borrower to fund a portion of the Purchase Price of Systems that have achieved Commencement of Operations and to fund the Debt Service Reserve Account in accordance with Section 6.02(g) (Conditions to Funding of Any System – Reserve Accounts and Deposits) of this Agreement and Section 4.5 (Debt Service Reserve Account) of the Accounts Agreement. The maximum amount of each Loan corresponding to each System will be [***] of the Purchase Price for such System. Loans are expected to be made from time to time during the Availability Period but not more frequently than three (3) times each calendar month.
Loans Generally. When the Council applies to the Local Authorities Loans Board for approval to raise loans required to cover the Cost of Ring Main, Cost of Tiwai Trunk Main, and Cost of Tiwai Reservoir it shall use its best endeavours to obtain the approval of the Board to the raising of the loans on terms which will provide for the repayment Invercargill City Aluminium Smelter Water Supply 11 of the whole of the principal and interest thereon over a period of not less than twenty years, and to the payment from the proceeds of the Loan of: -
Loans Generally. (a) Subject to the terms and conditions set forth in this Agreement, on the Closing Date, the Lenders shall, pro rata according to each Lender’s Percentage, make a Loan to Borrower in such amount as Borrower may request that does not result in the aggregate principal amount advanced under the Notes (after giving effect to all amounts requested thereunder) being in excess of the Aggregate Commitment, provided that in all events no Default or Event of Default shall have occurred and be continuing and all conditions to Advances hereunder shall have been satisfied or waived. Borrower may not reborrow any Advances once repaid.
Loans Generally. No later than 4:00 P.M. (local time at the Payment Office) on the date specified in each Notice of Borrowing or Notice of Competitive Bid Borrowing, each Lender (or, in the case of any such Notice of Competitive Bid Borrowing, each Lender selected by the Borrower to make a Competitive Bid Loan, which has agreed to make such Loan in accordance with Section 2.03) will make available its amount, if any, of each Borrowing requested to be made on such date to the Administrative Agent at the Payment Office in Dollars or the applicable Designated Foreign Currency and in immediately available funds and the Administrative Agent promptly will make available to the Borrower by depositing to its account at the Payment Office (or such other account as the Borrower shall specify) the aggregate of the amounts so made available in the type of funds received. For the avoidance of doubt, proceeds of any Borrowing hereunder in a Designated Foreign Currency shall be funded only to the Borrower as provided immediately above.
