Making of a Loan Sample Clauses

Making of a Loan. If the conditions set out in this Agreement have been met, the Lender shall make its participation in each Loan available by the Utilisation Date through its Facility Office.
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Making of a Loan. 5.4.1 If the conditions set out in this Agreement have been met, the Lender shall make the requested Loan to the Borrower in cash at the latest on the Utilisation Date, subject to the second sentence of Clause 12.4. 5.4.2 The Lender must inform the Borrower within three (3) Business Days after the date of the Utilisation Request if it will not be able to make the Loan to the Borrower on the proposed Utilisation Date and indicate the reasons thereof. 6 OPTION 2: provision between square brackets to be deleted. 7 OPTION 2: provision between square brackets to be deleted. 5.4.3 [Except where the Borrower has informed the Lender that Exceptional Circumstances exist at the date of the Utilisation Request, if the Utilisation Date is within nineteen (19) Business Days after the receipt of the Utilisation Pre-Notification and if the amount of the requested Loan exceeds 50% of the Fixed Individual Amount, the Lender shall be entitled, following a prior notice indicating the amounts and the timing of each payment, to make the requested Loan in several payments, as follows: (i) a first payment in an amount at least equal to 50% of the Fixed Individual Amount occurring on the Utilisation Date, and (ii) up to three additional payments each of at least one sixth of the Fixed Individual Amount (unless the amount remaining to be disbursed under the Utilisation Request is with respect to an additional payment less than one sixth of the Fixed Individual Amount, in which case it shall be the amount remaining to be disbursed), the first additional payment occurring not later than five (5) Business Days after the Utilisation Date, the second additional payment occurring not longer than five (5) Business Days after the date of the first additional payment and the third additional payment occurring no longer than five (5) Business Days after the date of the second additional payment.]8
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Making of a Loan. (a) If the conditions set out in Clause 4 (Conditions of Utilisation) and Clause 5.1 (Delivery of a Utilisation Request) to Clause 5.3 (Currency and amount) have been met, the Lender shall make the requested Loan to the Borrower on the Utilisation Date through its Facility Office. (b) The Lender shall determine the Base Currency Amount of each Loan which is to be made in RMB and shall notify the Borrower of the Base Currency Amount of each such Loan by the Specified Time. ​ ​ ​ ​
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Making of a Loan. If the conditions set out in this Agreement have been met, the Lender shall make each Loan available by its Utilisation Date through its Facility Office. The initial Loan shall be made available to the Borrower within 5 Business Days from the delivery of the initial Utilisation Request and the amount of any other Loan shall be made available to the Borrower within 20 Business Days from the delivery of the corresponding Utilisation Request (or a later date, if so identified by the Borrower in the relevant Utilisation Request).
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Related to Making of a Loan

  • Refinancing of Swing Line Loans (i) The Swing Line Lender at any time in its sole discretion may request, on behalf of the Borrower (which hereby irrevocably authorizes the Swing Line Lender to so request on its behalf), that each Lender make a Base Rate Committed Loan in an amount equal to such Lender’s Applicable Percentage of the amount of Swing Line Loans then outstanding. Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Aggregate Commitments and the conditions set forth in Section 4.02. The Swing Line Lender shall furnish the Borrower with a copy of the applicable Committed Loan Notice promptly after delivering such notice to the Administrative Agent. Each Lender shall make an amount equal to its Applicable Percentage of the amount specified in such Committed Loan Notice available to the Administrative Agent in immediately available funds (and the Administrative Agent may apply Cash Collateral available with respect to the applicable Swing Line Loan) for the account of the Swing Line Lender at the Administrative Agent’s Office not later than 1:00 p.m. on the day specified in such Committed Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Lender that so makes funds available shall be deemed to have made a Base Rate Committed Loan to the Borrower in such amount. The Administrative Agent shall remit the funds so received to the Swing Line Lender. (ii) If for any reason any Swing Line Loan cannot be refinanced by such a Committed Borrowing in accordance with Section 2.04(c)(i), the request for Base Rate Committed Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line Lender that each of the Lenders fund its risk participation in the relevant Swing Line Loan and each Lender’s payment to the Administrative Agent for the account of the Swing Line Lender pursuant to Section 2.04(c)(i) shall be deemed payment in respect of such participation. (iii) If any Lender fails to make available to the Administrative Agent for the account of the Swing Line Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i), the Swing Line Lender shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available to the Swing Line Lender at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the Swing Line Lender in accordance with banking industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the Swing Line Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Committed Loan included in the relevant Committed Borrowing or funded participation in the relevant Swing Line Loan, as the case may be. A certificate of the Swing Line Lender submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under this clause (iii) shall be conclusive absent manifest error. (iv) Each Lender’s obligation to make Committed Loans or to purchase and fund risk participations in Swing Line Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against the Swing Line Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition, whether or not similar to any of the foregoing; provided, however, that each Lender’s obligation to make Committed Loans pursuant to this Section 2.04(c) is subject to the conditions set forth in Section 4.02. No such funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swing Line Loans, together with interest as provided herein.

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