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Making the Advance Sample Clauses

Making the Advance. (a) Each Advance made under this Article II shall consist of the Loans made by each Lender Group ratably in proportion to such Lender Group's respective Pro Rata Share and shall be made pursuant to a Borrowing Notice issued by the Borrower to the Administrative Agents and the Hedge Counterparties. To be effective, a Borrowing Notice must be received by each Administrative Agent not less than two (2) Business Days prior to the requested Borrowing Date; provided that the initial Borrowing Notice issued by the Borrower hereunder may be issued to the Administrative Agents on the Effective Date. Each Administrative Agent shall forward each Borrowing Notice to the Lenders in its Lender Group. Each Borrowing Notice shall, except as set forth below, be irrevocable and shall specify: (i) the new Contracts being pledged in connection with such Advance (the "New Contracts"), (ii) the requested aggregate principal amount of such Advance and the amount of the Loan, (iii) the Borrowing Date, (iv) the Cutoff Date in respect of the New Contracts, (v) the initial Tranche Period and Rate Type requested by the Borrower, and (vi) the Hedging Rate existing under the Hedge Agreements for the Loans to be made by each Lender Group on such Borrowing Date, which Hedging Rate shall be used in the calculation of the Yield Supplement Overcollateralization Amount in respect of the New Contracts. On each Borrowing Date, upon satisfaction of the applicable conditions precedent set forth in Article III, and so long as such Advance does not otherwise violate the terms and conditions hereof, each Conduit Lender or each Committed Lender, as applicable, shall remit to the account specified by the Administrative Agent in its Lender Group by wire transfer in same day funds at such time as shall enable such Administrative Agent to remit such funds to the Borrower by 12:00 p.m. (New York City time) on the Borrowing Date, an amount equal to (1) in the case of a Conduit Lender, its Lender Group's Pro Rata Share of the Advance, and (2) in the case of a Committed Lender, its individual Pro Rata Share thereof. Upon receipt of such funds, each Administrative Agent shall by 12:00 pm (New York City time) on such Borrowing Date initiate a wire transfer of same day funds in such amount to account #35090000 xxxntained on behalf of the Borrower at The Northern Trust Company (the "NTC Account"); provided that, with respect to the funds remitted to the Administrative Agent of the JPMorgan Lender Group in respe...
Making the Advance. (a) The Advance shall be made on the date hereof, subject to the conditions below, upon receipt by Lender of written notice (the “Advance Notice”), given by Borrower to Lender on the date hereof. Not later than 11:00 A.M. (New York City time) on the date hereof and upon fulfillment of the applicable conditions set forth in Article II, Lender will make such Advance, less the applicable Commitment Fee for the Advance as described in Section 1.03 and less the fee payable pursuant to the Fee and Advisory Letter as described in Section 2.01(g), available to Borrower in same day funds in the account of Borrower at Lender. (b) The Advance Notice shall be irrevocable and binding on Borrower. Borrower shall indemnify Lender against any loss or reasonable and documented out of pocket cost or expense incurred by Lender as a result of any failure to fulfill on or before the date specified in the Advance Notice for the Advance, the applicable conditions set forth in Article II, including, without limitation, any loss, cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by Lender to fund the Advance when the Advance, as a result of such failure, is not made on such date.
Making the Advance. The execution of this Agreement by Borrower shall constitute Borrower’s irrevocable instructions to Lender to make the Advance on the Closing Date, and such instructions shall be binding on Borrower. Borrower shall indemnify Lender against any loss, cost or expense reasonably incurred by Lender or its Affiliates as a result of any failure by Borrower to borrow such Advance (including, without limitation, as a result of Borrower’s failure to fulfill, on or before the Closing Date, the applicable conditions set forth in Article III) and the liquidation or re-employment of deposits or other funds acquired by Lender to fund the Advance to be made by Lender as part of such borrowing. A certificate of Lender as to the amount of such losses, costs and expenses, submitted to Borrower by Lender and showing in reasonable detail the basis for the calculation thereof, shall be conclusive as to the amount of such losses, costs and expenses, absent manifest error.
Making the Advance. (a) The Borrowing shall be made on notice, given not later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of the proposed Borrowing, by the Borrower to the Lender. The notice of borrowing (a "Notice of Borrowing") shall be by telephone, confirmed immediately in writing, or telecopier or electronic communication, in substantially the form of Exhibit B hereto, specifying therein the requested date of such Borrowing. Upon fulfillment of the applicable conditions set forth in A1ticle III, the Lender will make the funds available to the Borrower at the bank account specified on the Notice of Borrowing. The Lender may make the Advance through its Affiliates.  (b) The Notice of Borrowing shall be irrevocable and binding on the Borrower. The Borrower shall indemnify the Lender against any loss, cost or expense incurred by the Lender as a result of any failure to fulfill on or before the date specified in the Notice of Borrowing the applicable conditions set forth in Article III, including, , cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by the Lender to fund the Advance when such Advance, as a result of such failure, is not made on such date. 
Making the AdvanceEach Advance shall be made upon notice from the Borrower to the Lender at the Lender's Office specifying the date and amount of the Advance. Upon the fulfillment of the applicable conditions set forth in Article III hereof, the Lender will make such funds available to the Borrower at the Lender's Office.
Making the AdvanceThe Advance shall be made either by a transfer initiated by the Lender pursuant to cash concentration agreements or by a manual transfer from the Lender to the Borrower.
Making the AdvanceThe Borrowing shall be made on notice in substantially the form of Exhibit B hereto (a "Disbursement Request"), given not later than 11:00 A.M. (New York City time) on the Business Day of the proposed Borrowing by the Borrower to the Lender. The Disbursement Request shall specify therein the requested (i) date of such Borrowing and (ii) the aggregate amount of such Borrowing. The Lender shall, before 11:00 A.M. (New York City time) on the date of such Borrowing, make available for the account of its Applicable Lending Office the amount of the Advance. Upon fulfillment of the applicable conditions set forth in Article III, the Lender will make such funds available to the Borrower.
Making the AdvanceEach advance shall be made on notice, given not later than 10:30 a.m. New York City time on the third Business Day prior to the date of the proposed advance. Each notice of an advance shall be by telephone, telex, telecopier or cable confirmed immediately in writing in substantially the form of Exhibit 2A hereto, specifying therein the requested (i) date of such advance, (ii) aggregate amount of such advance, and (iii) the interest period for each such advance (i.e., the period commencing on the date of the advance and ending on the last day of a thirty (30) day period). Each notice of advance shall be irrevocable and binding on the Borrower.
Making the Advance. (a) The Advance shall be made on the date hereof, subject to the conditions below, upon receipt by the Lender of written notice (the “Advance Notice”), given by the Borrower to the Lender on the date hereof. Not later than 11:00 A.M. (New York City time) on the date hereof and upon fulfillment of the applicable conditions set forth in Article II, the Lender will make such Advance, less the applicable Advisory Fee for the Advance as described in Section 1.03, available to the Borrower in same day funds in the account of the Borrower at the Lender. (b) The Advance Notice shall be irrevocable and binding on the Borrower. The Borrower shall indemnify the Lender against any loss or reasonable and documented out of pocket cost or expense incurred by the Lender as a result of any failure to fulfill on or before the date specified in the Advance Notice for the Advance, the applicable conditions set forth in Article II, including, without limitation, any loss, cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by the Lender to fund the Advance when the Advance, as a result of such failure, is not made on such date.
Making the Advance. (a) The Advance shall be deemed to have been made on the date hereof upon fulfilhnent of the applicable conditions set forth in Article II (the "Effective Date"). (b) The Bank will apply the proceeds of the Advance to the repayment of the Existing Advance and all other amounts owing to the Bank under the Existing Agreement (collectively, the Existing Obligations). The amount of the Advance, if any, in excess of the Existing Obligations shall be made available to the Borrower. (c) For the purposes hereof, the amount of the Existing Obligations shall be expressed in an equivalent amount of Netherlands Guilders based on the exchange rate in effect as of 10:00 a.m., New York City time on the Effective Date.