Common use of Non-Receipt of Funds by the Administrative Agent Clause in Contracts

Non-Receipt of Funds by the Administrative Agent. Unless the Administrative Agent shall have been notified by a Lender or the Borrowers (the "Payor") prior to the date on which the Payor is to make payment ----- to the Administrative Agent of (in Credit Agreement ----------------

Appears in 2 contracts

Samples: Credit Agreement (Mediacom Capital Corp), Credit Agreement (Mediacom LLC)

AutoNDA by SimpleDocs

Non-Receipt of Funds by the Administrative Agent. Unless the Administrative Agent shall have been notified by received written notice from a Lender or the Borrowers Borrower (the "Payor") prior to the date time on which the Payor is to make payment ----- to the Administrative Agent of (in the case of a Lender) the proceeds of a Revolving Credit Agreement ----------------Loan to be made by such Lender hereunder or (in the case of Borrower) a payment to the Administrative Agent for the account of one or more of the Lenders hereunder (such payment being herein

Appears in 1 contract

Samples: Credit Agreement (Imco Recycling Inc)

Non-Receipt of Funds by the Administrative Agent. Unless the Administrative Agent shall have been notified by a Lender Bank or the Borrowers a Borrower (the "β€œPayor"”) prior to the date time on which the Payor is to make payment ----- to the Administrative Agent of (in Credit Agreement ----------------the case of a Bank) the proceeds of a Loan to be made by such Bank hereunder or (in the case of a Borrower)

Appears in 1 contract

Samples: Credit Agreement (Pitney Bowes Inc /De/)

Non-Receipt of Funds by the Administrative Agent. Unless the Administrative Agent shall have been notified by a Lender or the Borrowers Borrower (either one as appropriate being the "Payor") prior to the date on which the Payor such Lender is to make payment ----- hereunder to the Administrative Agent of the proceeds of a Loan or the Borrower or the Subsidiary Borrower is to make payment to the Administrative Agent, as the case may be (in Credit Agreement ----------------either such payment being a "Required Payment"), which notice shall be effective upon receipt, that the Payor

Appears in 1 contract

Samples: Credit Agreement (LCC International Inc)

AutoNDA by SimpleDocs

Non-Receipt of Funds by the Administrative Agent. (a) Unless the relevant Borrower or a Lender, as the case may be, notifies the Administrative Agent shall have been notified by a Lender or the Borrowers (the "Payor") prior to the date on which the Payor it is scheduled to make payment ----- to the Administrative Agent of (i) in Credit Agreement ----------------the case of a Lender, the proceeds of a Loan or (ii) in the case of such Borrower, a payment of principal, interest or fees to the Administrative Agent for the

Appears in 1 contract

Samples: 364 Day Credit Agreement (Cardinal Health Inc)

Non-Receipt of Funds by the Administrative Agent. Unless a Borrower or a Lender, as the case may be, notifies the Administrative Agent shall have been notified by a Lender or the Borrowers (the "Payor") prior to the date on which the Payor it is scheduled to make payment ----- to the Administrative Agent of (i) in Credit Agreement ----------------the case of a Lender, the proceeds of a Loan or

Appears in 1 contract

Samples: 5 Year Revolving Credit Agreement (American National Can Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!