Common use of Making of Agent Loans Clause in Contracts

Making of Agent Loans. (i) In the event Administrative Agent shall elect to have the terms of this Section 2.1(f) apply to a requested Borrowing as described in Section 2.1(d), Collateral Agent shall make an Advance in the amount of such Borrowing (any such Advance made solely by Collateral Agent pursuant to this Section 2.1(f) being referred to as an "Agent Loan" and such Advances being referred to collectively as "Agent Loans") available to Borrower on the Funding Date applicable thereto by transferring same day funds to Borrower's Designated Account. Each Agent Loan is an Advance hereunder and shall be subject to all the terms and conditions applicable to other Advances, except that all payments thereon shall be payable to Collateral Agent solely for the account of the Collateral Agent (and for the account of the holder of any participation interest with respect to such Advance). Subject to the provisions of Section 2.1(k), Administrative Agent shall not cause Collateral Agent to make any Agent Loan if Administrative Agent and Collateral Agent shall have received written notice from any Lender, that (i) one or more of the applicable conditions precedent set forth in Sections 3.1 or 3.2 will not be satisfied on the requested Funding Date for the applicable Borrowing, or (ii) the requested Borrowing would exceed the Availability on such Funding Date. Administrative Agent and Collateral Agent shall not otherwise be required to determine whether the applicable conditions precedent set forth in Sections 3.1 or 3.2 have been satisfied on the Funding Date applicable thereto prior to making, in its sole discretion, any Agent Loan. (ii) Agent Loans shall be secured by the Collateral and shall constitute Advances and Obligations hereunder, and shall bear interest at the rate then applicable to Advances pursuant to Section 2.6.

Making of Agent Loans. (i) In the event Administrative that the Facility Agent shall elect (pursuant to the terms of Section 2.1(e)) or shall be compelled to have the terms of this Section 2.1(f2.1(g) 35 Foothill/Agent Greyhound F6384-0813 42 apply to a requested Borrowing as described in Section 2.1(d)Borrowing, Collateral Facility Agent shall make an Advance in the amount of such Borrowing (any such Advance made solely by Collateral Facility Agent pursuant to this Section 2.1(f2.1(g) being referred to as an "Agent Loan" and such Advances being referred to collectively as "Agent Loans") available to Borrower not later than 11:00 a.m. (California time) on the Funding Date applicable thereto by transferring same day funds to Borrower's the Designated Account. Each Agent Loan is an Advance hereunder hereunder, shall be a Reference Rate Loan, and shall be subject to all the terms and conditions applicable to other Advances, except that all payments thereon shall be payable to Collateral Facility Agent solely for the its own account of the Collateral Agent (and for the account of the holder of any participation interest with respect to such Advance). Subject to the provisions of Section 2.1(k2.1(l), Administrative the Facility Agent shall not cause Collateral Agent to make any Agent Loan if Administrative Agent and Collateral the Facility Agent shall have received written notice from any Lender, or otherwise has actual knowledge, that (i) one or more of the applicable conditions precedent set forth in Sections 3.1 or 3.2 will not be satisfied on the requested Funding Date for the applicable Borrowing, or (ii) the requested Borrowing would exceed the Availability on such Funding Date. Administrative Agent and Collateral Facility Agent shall not otherwise be required to determine whether the applicable conditions precedent set forth in Sections 3.1 or 3.2 have been satisfied on the Funding Date applicable thereto prior to making, in its sole discretion, any Agent Loan. (ii) The Agent Loans shall be secured by the Collateral and shall constitute Advances Reference Rate Loans and Obligations hereunder, and shall bear interest at the rate then applicable from time to Advances time to Obligations pursuant to Section 2.62.7(a).

Making of Agent Loans. (i) In the event Administrative the Agent shall elect to have the terms of this Section 2.1(f) apply to a requested Borrowing as described in Section 2.1(d), Collateral Agent shall make an Advance in the amount of such Borrowing (any such Advance made solely by Collateral Agent pursuant to this Section 2.1(f) being referred to as an "Agent Loan" and such Advances being referred to collectively as "Agent Loans") available to Borrower Borrowers on the Funding Date applicable thereto by transferring same day funds to Borrower's Borrowers' Designated Deposit Account. Each Agent Loan is an Advance hereunder and shall be subject to all the terms and conditions applicable to other Advances, except that all payments thereon shall be payable to Collateral Agent solely for the its own account of the Collateral Agent (and for the account of the holder of any participation interest with respect to such Advance). Subject to the provisions of Section 2.1(k), Administrative the Agent shall not cause Collateral Agent to make any Agent Loan if Administrative Agent and Collateral the Agent shall have received written notice from any Lender, or otherwise has actual knowledge, that (i) one or more of the applicable conditions precedent set forth in Sections 3.1 or 3.2 Section 3 will not be satisfied on the requested Funding Date for the applicable Borrowing, or (ii) the requested Borrowing would exceed the Availability on such Funding Date. Administrative Agent and Collateral Agent shall not otherwise be required to determine whether the applicable conditions precedent set forth in Sections 3.1 or 3.2 Section 3 have been satisfied on the Funding Date applicable thereto prior to making, in its sole discretion, any Agent Loan. (ii) The Agent Loans shall be secured by the Collateral and shall constitute Advances and Obligations hereunder, and shall bear interest at the rate then applicable from time to Advances time to Obligations pursuant to Section 2.62.6 hereof.

Making of Agent Loans. (i) In the event Administrative Agent shall elect to have the terms of this Section 2.1(f) apply to a any requested Borrowing as described of an Advance in Section 2.1(dan amount less than or equal to $5,000,000, at the Agent’s election (it being expressly understood that the Agent has no commitment to make such Advance), Collateral Agent shall may make an Advance in the amount of such Borrowing (any such Advance made solely by Collateral the Agent pursuant to this Section 2.1(f2.1(h) being referred to as an "“Agent Loan" ” and such Advances being referred to collectively as "“Agent Loans"”) available to Borrower Borrowers on the Funding Date applicable thereto by transferring same day funds to Borrower's Borrower Designated Account. Each Agent Loan is an Advance hereunder and shall be subject to all the terms and conditions applicable to other Advances, except that all payments thereon shall be payable to Collateral Agent solely for the its own account of the Collateral Agent (and for the account of the holder of any participation interest with respect to such Advance). Subject to the provisions of Section 2.1(k), Administrative The Agent shall not cause Collateral Agent to make any Agent Loan if Administrative the Agent and Collateral Agent shall have received written notice from any Lenderhas actual knowledge, that (i) one or more of the applicable conditions precedent set forth in Sections 3.1 or 3.2 will not be satisfied on the requested Funding Date for the applicable Borrowing, or (ii) the requested Borrowing would exceed the Availability on such Funding Date. Administrative Agent and Collateral Agent shall not otherwise be required to determine whether the applicable conditions precedent set forth in Sections 3.1 or 3.2 have been satisfied on the Funding Date applicable thereto prior to making, in its sole discretion, any Agent Loan. (ii) The Agent Loans shall be secured by the Collateral and shall constitute Advances and Secured Obligations hereunder, and shall bear interest at the rate then applicable from time to time to Advances pursuant to Section 2.62.8.