Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, (a) if such Loan is denominated in Dollars, not later than 12:00 noon (New York City time), in Federal or other funds immediately available to the Administrative Agent, in New York, New York at its address specified in or pursuant to Article XIII and, (b) if such Loan is denominated in an Agreed Currency other than Dollars, not later than 12:00 noon (Local Time) in the city of the Administrative Agent’s Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the Borrower at the Administrative Agent’s aforesaid address or, if applicable, to the Borrower’s account specified on the applicable Borrowing Notice. Notwithstanding the foregoing provisions of this Section 2.10, to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)
Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, in the requested Agreed Currency, (ai) if such Loan is denominated in Dollars, not later than 12:00 noon 1:00 P.M. (New York City time), ) in Federal or other funds immediately available to the Administrative Agent, in New York, New York at its address specified in or pursuant to Article XIII and14, (bii) if such Loan (other than a Fronted Loan) is denominated in an Agreed Currency other than Dollarsanother currency, not later than 12:00 noon (Local Time) noon, local time in the city of the Administrative Agent’s Eurocurrency Payment Office for such currency, in such funds as may then be customary for immediately available to the settlement of international transactions in such currency in the city of and Administrative Agent, at the address of the Administrative Agent’s Eurocurrency Payment Office for such currency and (iii) if such Loan is a Fronted Loan, not later than 12:00 noon (London, England time), in funds immediately available to the Fronting Agent, at the Fronting Agent’s Eurocurrency Payment Office for such currency. Unless the The Administrative Agent determines that any applicable condition specified in Article IV has not been satisfiedor Fronting Agent, the Administrative Agent as applicable, will make the funds so received from the applicable Lenders available to the applicable Borrower at the Administrative Agent’s or Fronting Agent’s aforesaid address oraddress, if as applicable, to the Borrower’s account specified on the applicable Borrowing Notice. Notwithstanding the foregoing provisions of this Section 2.102.08(a), to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan denominated in the same Agreed Currency as that of the maturing Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Samples: Long Term Credit Agreement (Whirlpool Corp /De/), Long Term Credit Agreement (Whirlpool Corp /De/), Long Term Credit Agreement (Whirlpool Corp /De/)
Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, (a) if such Loan is denominated in Dollars, not later than 12:00 noon (New York City time), in Federal or other funds immediately available to the Administrative Agent, in New York, New York at its address specified in or pursuant to Article XIII XIII and, (b) if such Loan is denominated in an Agreed Currency other than Dollars, not later than 12:00 noon (Local Time) in the city of the Administrative Agent’s Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the Borrower at the Administrative Agent’s aforesaid address or, if applicable, to the Borrower’s account specified on the applicable Borrowing Notice. Notwithstanding the foregoing provisions of this Section 2.102.10, to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
Appears in 2 contracts
Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)
Method of Borrowing. On each Borrowing Date, each applicable Lender shall ------------------- make available its Loan or Loans, if anyPro Rata Share of Subsidiary Borrower Advances, (ai) if such Loan Subsidiary Borrower Advance is denominated in Dollars, not later than 12:00 noon (New York City noon, Chicago time), in Federal or other funds immediately available to the Administrative Agent, in New YorkChicago, New York Illinois at its address specified in or pursuant to Article XIII andXIII, and (bii) if such Loan Subsidiary Borrower Advance is denominated in an Agreed Currency other than Dollars, not later than 12:00 noon (Local Time) noon, local time, in the city of the Administrative Agent’s 's Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s 's Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the Subsidiary Borrower at the Administrative Agent’s 's aforesaid address or, if applicable, to the Borrower’s account specified on the applicable Borrowing Noticeaddress. Notwithstanding the foregoing provisions of this Section 2.102.9, to the extent that a Revolving Subsidiary Borrower Loan made by a Lender matures on the Borrowing Date of a requested Revolving Subsidiary Borrower Loan, such Lender shall apply the proceeds of the Revolving Subsidiary Borrower Loan it is then making to the repayment of principal of the maturing Revolving Subsidiary Borrower Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make ------------------- available its Loan or Loans, if anyPro Rata Share of Subsidiary Borrower Advances, (ai) if such Loan Subsidiary Borrower Advance is denominated in Dollars, not later than 12:00 noon (New York City noon, Chicago time), in Federal or other funds immediately available to the Administrative Agent, in New YorkChicago, New York Illinois at its address specified in or pursuant to Article XIII andXIII, and (bii) if such Loan Subsidiary Borrower Advance is denominated in an Agreed Currency other than Dollars, not later than 12:00 noon (Local Time) noon, local time, in the city of the Administrative Agent’s 's Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s 's Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the Subsidiary Borrower at the Administrative Agent’s 's aforesaid address or, if applicable, to the Borrower’s account specified on the applicable Borrowing Noticeaddress. Notwithstanding the foregoing provisions of this Section 2.102.9, to the extent that a Revolving Subsidiary Borrower Loan made by a Lender matures on the Borrowing Date of a requested Revolving Subsidiary Borrower Loan, such Lender shall apply the proceeds of the Revolving Subsidiary Borrower Loan it is then making to the repayment of principal of the maturing Revolving Subsidiary Borrower Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, (ai) if such Loan is a Dollar Loan or a Multicurrency Loan denominated in Dollars, not later than 12:00 noon (New York City time)1.00 p.m., in Federal or other funds immediately available to the Administrative Agent, in New York, New York at its address specified in or pursuant to Article XIII and, (bii) if such Loan is a Multicurrency Loan, denominated in an Agreed Currency other than DollarsDollars or subject to any applicable Alternate Currency Addendum, not later than 12:00 noon (Local Time) 1:00 p.m., local time, in the city of the Administrative Agent’s Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the relevant Borrower at the Administrative Agent’s aforesaid address or, if applicable, to the Borrower’s account specified on the applicable Borrowing Noticeaddress. Notwithstanding the foregoing provisions of this Section 2.102.11, to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving LoanLoan in the same currency, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, in the requested Agreed Currency, (ai) if such Loan is denominated in Dollars, not later than 12:00 noon 1:00 P.M. (New York City time), ) in Federal or other funds immediately available to the Administrative Agent, in New York, New York at its address specified in or pursuant to Article XIII and14, (bii) if such Loan (other than a Fronted Loan) is denominated in an Agreed Currency other than Dollarsanother currency, not later than 12:00 noon (Local Time) noon, local time in the city of the Administrative Agent’s 's Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of immediately available to the Administrative Agent’s , at the Administrative Agent's Eurocurrency Payment Office for such currency and (iii) if such Loan is a Fronted Loan, not later than 12:00 noon (London, England time), in funds immediately available to the Fronting Agent, at the Fronting Agent's Eurocurrency Payment Office for such currency. Unless the The Administrative Agent determines that any applicable condition specified in Article IV has not been satisfiedor Fronting Agent, the Administrative Agent as applicable, will make the funds so received from the applicable Lenders available to the applicable Borrower at the Administrative Agent’s 's or Fronting Agent's aforesaid address oraddress, if as applicable, to the Borrower’s account specified on the applicable Borrowing Notice. Notwithstanding the foregoing provisions of this Section 2.102.07(a), to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan denominated in the same Agreed Currency as that of the maturing Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, (a) if such Loan is denominated in Dollars, not later than 12:00 noon (New York City time), in Federal or other funds immediately available to the Administrative Agent, in New York, New York at its address specified in or pursuant to Article XIII and, (b) if such Loan is denominated in an Agreed Currency other than Dollarsa Foreign Currency, not later than 12:00 noon (Local Time) in the city of the Administrative Agent’s Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the Borrower at the Administrative Agent’s aforesaid address or, if applicable, to the Borrower’s account specified on the applicable Borrowing Notice. Notwithstanding the foregoing provisions of this Section 2.10, to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, (ai) if such Loan is denominated in Dollars, not later than 12:00 noon (New York City Chicago time), in Federal or other funds immediately available to the Administrative Agent, in New YorkChicago, New York Illinois at its address specified in or pursuant to Article XIII and, (bii) if such Loan is denominated in an Agreed Currency other than Dollars, not later than 12:00 noon (Local Time) in the city of the Administrative Agent’s Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the applicable Borrower at the Administrative Agent’s aforesaid address or, if applicable, to the such Borrower’s account specified on the applicable Borrowing Notice. Notwithstanding the foregoing provisions of this Section 2.10, to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, (ai) if such Loan is denominated in Dollars, not later than 12:00 noon (New York City noon, Chicago time), in Federal or other funds immediately available to the Administrative Agent, in New YorkChicago, New York Illinois at its address specified in or pursuant to Article XIII and, (bii) if such Loan is denominated in an Agreed Currency other than Dollars, not later than 12:00 noon (Local Time) noon, local time, in the city of the Administrative Agent’s Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the applicable Borrower at the Administrative Agent’s aforesaid address or, if applicable, to the such Borrower’s account specified on the applicable Borrowing Notice. Notwithstanding the foregoing provisions of this Section 2.10, to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, in the requested Agreed Currency, (ai) if such Loan is denominated in Dollars, not later than 12:00 noon 1:00 P.M. (New York City time), ) in Federal or other funds immediately available to the Administrative Agent, in New York, New York at its address specified in or pursuant to Article XIII and14, (bii) if such Loan (other than a Fronted Loan) is denominated in an Agreed Currency other than Dollarsanother currency, not later than 12:00 noon (Local Time) noon, local time in the city of the Administrative Agent’s 's Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of immediately available to the Administrative Agent’s , at the Administrative Agent's Eurocurrency Payment Office for such currency and (iii) if such Loan is a Fronted Loan, not later than 12:00 noon (London, England time), in funds immediately available to the Fronting Agent, at the Fronting Agent's Eurocurrency Payment Office for such currency. Unless the The Administrative Agent determines that any applicable condition specified in Article IV has not been satisfiedor Fronting Agent, the Administrative Agent as applicable, will make the funds so received from the applicable Lenders available to the applicable Borrower at the Administrative Agent’s 's or Fronting Agent's aforesaid address oraddress, if as applicable, to the Borrower’s account specified on the applicable Borrowing Notice. Notwithstanding the foregoing provisions of this Section 2.102.08(a), to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan denominated in the same Agreed Currency as that of the maturing Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, (ai) if such Loan is denominated in Dollars, not later than 12:00 noon (1 p.m., New York City time), in Federal or other funds immediately available to the Administrative Agent, in New York, New York at its address specified in or pursuant to Article XIII XV and, (bii) if such Loan is denominated in an Agreed Currency other than Dollars, not later than 12:00 noon (Local Time) noon, local time, in the city of the Administrative Agent’s 's Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s 's Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the Borrower Borrowers at the Administrative Agent’s 's aforesaid address or, if applicable, to the Borrower’s account specified on the applicable Borrowing Noticeaddress. Notwithstanding the foregoing provisions of this Section 2.102.11, to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving Loan, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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Method of Borrowing. On each Borrowing Date, each applicable Lender shall make available its Loan or Loans, if any, (ai) if such Loan is a Dollar Loan or a Multicurrency Loan denominated in Dollars, not later than 12:00 noon (New York City noon, Chicago time), in Federal or other funds immediately available to the Administrative Agent, in New YorkChicago, New York Illinois at its address specified in or pursuant to Article XIII and, (bii) if such Loan is a Multicurrency Loan, denominated in an Agreed Currency other than DollarsDollars and subject to any applicable Alternate Currency Addendum, not later than 12:00 noon (Local Time) noon, local time, in the city of the Administrative Agent’s 's Eurocurrency Payment Office for such currency, in such funds as may then be customary for the settlement of international transactions in such currency in the city of and at the address of the Administrative Agent’s 's Eurocurrency Payment Office for such currency. Unless the Administrative Agent determines that any applicable condition specified in Article IV has not been satisfied, the Administrative Agent will make the funds so received from the Lenders available to the relevant Borrower at the Administrative Agent’s 's aforesaid address or, if applicable, to the Borrower’s account specified on the applicable Borrowing Noticeaddress. Notwithstanding the foregoing provisions of this Section 2.10, to the extent that a Revolving Loan made by a Lender matures on the Borrowing Date of a requested Revolving LoanLoan in the same currency, such Lender shall apply the proceeds of the Revolving Loan it is then making to the repayment of principal of the maturing Revolving Loan.
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