Making of Swing Loans. The Swing Loan Lender shall deposit the amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers with the Administrative Agent at its office in New York, New York in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender shall not make any Swing Loan in the period commencing on the first Business Day after it receives written notice from any Lender that one or more of the conditions precedent contained in Section 5.02 shall not on such date be satisfied, and ending when such conditions are satisfied, and the Swing Loan Lender shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 hereof have been satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such proceeds available to the Borrowers at the Administrative Agent's office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to the Borrowers' Account.
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Making of Swing Loans. The Swing Loan Lender Bank shall deposit the amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers Company with the Administrative Agent at its office in New York, New York not later than 2:00 p.m. (New York time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender Bank shall not make any Swing Loan in the period commencing on the first Business Day after it receives written notice from any Lender that one or more of the conditions precedent contained in Section 5.02 shall not on such date be satisfied, and ending when such conditions are satisfiedsatisfied or waived pursuant to Section 13.07 hereof, and the Swing Loan Lender Bank shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 hereof have been satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such proceeds available to the Borrowers Company at the Administrative Agent's office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to the Borrowers' Disbursement Account.
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Samples: Insilco Corp/De/
Making of Swing Loans. The Swing Loan Lender Bank shall deposit the --------------------- amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers a Borrower with the Administrative Agent at its office in New York, New York not later than 3:00 p.m. (New York time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender Bank shall not make any Swing Loan in the period commencing on the first Business Day after it receives written notice from any Lender that one or more of the conditions precedent contained in Section 5.02 shall is not on such date be satisfied, and ending when such conditions are satisfied; however, and the Swing Loan Lender Bank shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 ------------ hereof have been satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such the proceeds of each funding of a Swing Loan available to the Borrowers applicable Borrower at the Administrative Agent's office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to the Borrowers' applicable Disbursement Account.
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Making of Swing Loans. The Swing Loan Lender shall deposit the amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers Borrower with the Administrative Agent at its office in New York, New York not later than 3:00 p.m. (New York time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender shall not make any Swing Loan in during the period commencing on the first Business Day after it receives written notice from any Lender that one or more of the conditions precedent contained in Section 5.02 shall not on such date be satisfied, and ending when such conditions are satisfied, and the Swing Loan Lender shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 hereof have been satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such proceeds available to the Borrowers Borrower at the Administrative Agent's office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to Borrower in accordance with the Borrowers' AccountBorrower's disbursement instructions set forth in the applicable Notice of Borrowing.
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Making of Swing Loans. The Swing Loan Lender shall deposit the amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers Borrower with the Administrative Agent at its office in New York, New York not later than 3:00 p.m. (New York time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender shall not make any Swing Loan in during the period commencing on the first Business Day after it receives written notice from any Lender the Requisite Lenders that one or more of the conditions precedent contained in Section 5.02 shall not on such date be satisfied, and ending when such conditions are satisfied, and the Swing Loan Lender shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 hereof have been satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such proceeds available to the Borrowers Borrower at the Administrative Agent's office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to Borrower in accordance with the Borrowers' AccountBorrower's disbursement instructions set forth in the applicable Notice of Borrowing.
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Making of Swing Loans. The Swing Loan Lender shall deposit the --------------------- amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers Borrower with the Administrative Agent at its office in New York, New York not later than 3:00 p.m. (New York time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender shall not make any Swing Loan in during the period commencing on the first Business Day after it receives written notice from any Lender the Requisite Lenders that one or more of the conditions precedent contained in Section 5.02 shall not on such date be ------------ satisfied, and ending when such conditions are satisfied, and the Swing Loan Lender shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 hereof have been ------------ satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such proceeds available to the Borrowers Borrower at the Administrative Agent's office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to Borrower in accordance with the Borrowers' AccountBorrower's disbursement instructions set forth in the applicable Notice of Borrowing.
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Making of Swing Loans. The Swing Loan Lender Bank shall deposit the amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers a Borrower with the Administrative Agent at its office in New York, New York not later than 3:00 p.m. (New York time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender Bank shall not make any Swing Loan in the period commencing on the first Business Day after it receives written notice from any Lender that one or more of the conditions precedent contained in Section 5.02 shall 5.2 is not on such date be satisfied, and ending when such conditions are satisfied; however, and the Swing Loan Lender Bank shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 5.2 hereof have been satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such the proceeds of each funding of a Swing Loan available to the Borrowers applicable Borrower at the Administrative Agent's ’s office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to the Borrowers' applicable Disbursement Account.. (d)
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Samples: Credit Agreement (It Group Inc)
Making of Swing Loans. The Swing Loan Lender shall deposit the amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers Borrower with the Administrative Agent at its office in New York, New York not later than 2:00 p.m. (New York City time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender shall not make any Swing Loan in during the period commencing on the first Business Day after it receives written notice from any Lender the Requisite Lenders that one or more of the conditions precedent contained in Section 5.02 shall not on such date be satisfied, and ending when such conditions are satisfied, and the Swing Loan Lender shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 hereof have been satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such proceeds available to the Borrowers Borrower at the Administrative Agent's ’s office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to Borrower in accordance with the Borrowers' AccountBorrower’s disbursement instructions set forth in the applicable Notice of Borrowing.
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Making of Swing Loans. The Swing Loan Lender shall deposit the amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers Borrower with the Administrative Agent at its office in New York, New York not later than 3:00 p.m. (New York time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender shall not make any Swing Loan in during the period commencing on the first Business Day after it receives written notice from any Lender that one or more of the conditions precedent contained in Section 5.02 shall not on such date be satisfied, and ending when such conditions are satisfied, and the Swing Loan Lender shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 hereof have been satisfied in connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such proceeds pro ceeds available to the Borrowers Borrower at the Administrative Agent's office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to Borrower in accordance with the Borrowers' AccountBorrower's disbursement instructions set forth in the applicable Notice of Borrowing.
Appears in 1 contract
Making of Swing Loans. The Swing Loan Lender Bank shall deposit the --------------------- amount it intends to fund, if any, in respect of the Swing Loans requested by the Borrowers a Borrower with the Administrative Agent at its office in New York, New York not later than 3:00 p.m. (New York time) in immediately available funds on the date of the proposed Borrowing applicable thereto. The Swing Loan Lender Bank shall not make any Swing Loan in the period commencing on the first Business Day after it receives written notice from any Lender that one or more of the conditions precedent contained in Section 5.02 shall 5.03 is not on such date be satisfied, and ending ------------ when such conditions are satisfied; however, and the Swing Loan Lender Bank shall not otherwise be required to determine that, or take notice whether, the conditions precedent set forth in Section 5.02 5.03 hereof have been satisfied in ------------ connection with the making of any Swing Loan. Subject to the preceding sentence, the Administrative Agent shall make such the proceeds of each funding of a Swing Loan available to the Borrowers applicable Borrower at the Administrative Agent's office in New York, New York on the date of the proposed Borrowing and shall disburse such proceeds to the Borrowers by transferring such proceeds to the Borrowers' applicable Disbursement Account.
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