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

Non-Receipt of Funds by the Agent. Unless the Borrower or a Lender, as the case may be, notifies the Agent prior to the date on which it is scheduled to make payment to the Agent of (i) in the case of a Lender, the proceeds of a Loan or (ii) in the case of the Borrower, a payment of principal, interest or fees to the Agent for the account of the

Appears in 1 contract

Samples: Assignment Agreement (Osca Inc)

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Non-Receipt of Funds by the Agent. Unless the Company (on behalf of any Borrower or Borrowers) or a Lender, as the case may be, notifies the Agent prior to the date on which it Lender or a Borrower or Borrowers is scheduled to make payment to the Agent of (ia) in the case of a Lender, the proceeds of a Loan or participation or (iib) in the case of the Borrowera Borrower or Borrowers, a payment of principal, interest or fees to the Agent for the account of thethe Lenders, 95 13483422v8

Appears in 1 contract

Samples: Loan Agreement (Lithia Motors Inc)

Non-Receipt of Funds by the Agent. Unless the Borrower or a Lender, as the case may be, notifies the Agent prior to the date on which it is scheduled to make payment to the Agent of (i) in the case of a Lender, the proceeds of a Loan or (ii) in the case of the Borrower, a payment of principal, principal or interest or fees to the Agent for the account of theany Lenders, that it does not intend to make such payment, the Agent may assume that such payment has been made. The

Appears in 1 contract

Samples: Credit Agreement (Tri State Outdoor Media Group Inc)

Non-Receipt of Funds by the Agent. Unless the Borrower or a Lender, as the case may be, notifies the Agent prior to the date on which it is scheduled to make payment to the Agent of (i) in the case of a Lender, the proceeds of a Loan or (ii) in the case of the Borrower, a payment of principal, interest or fees to the Agent for the account of the,

Appears in 1 contract

Samples: Credit Agreement (Washington Natural Gas Co)

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Non-Receipt of Funds by the Agent. Unless the Borrower or a Lender, as the case may be, notifies the Agent prior to the date on which it is scheduled to make payment to the Agent of (i) in the case of a Lender, the proceeds of a Loan or (ii) in the case of the Borrower, a payment of principal, interest or fees to the Agent for the account of thethe Lenders, that it does not intend to make such payment, the Agent may assume that

Appears in 1 contract

Samples: Credit Agreement (Printpack Inc)

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