Making the DIP Loans Clause Samples

Making the DIP Loans. The Administrative Agent shall promptly notify each DIP Lender of the amount of DIP Loans requested by Borrowers and the proposed Funding Date. Subject to the satisfaction of the conditions precedent set forth in this Agreement, including Section 2.01(b) and ARTICLE V, the Administrative Agent shall make the DIP Loans to Borrowers on behalf of the DIP Lenders on the Funding Date. A Borrowing Request given pursuant to Section 2.01(b) shall be irrevocable and binding on Borrowers, unless the Borrowing Request is not honored by the Administrative Agent.