Notification of Funding Rate Sample Clauses

Notification of Funding Rate. (a) After the OF Manager has determined the Base Rate for a Payment Period it must promptly notify the Issuer and SF Manager in writing of the Funding Rate for that Payment Period, specifying both the Base Rate and the Margin. (b) In the absence of manifest error, each determination of the Base Rate by the OF Manager is conclusive evidence of that rate against the Issuer and the SF Manager. -------------------------------------------------------------------------------- 5 LOAN FACILITY 5.1 PROVISION OF FUNDING PORTIONS (a) If the SF Manager gives a Funding Notice in accordance with clause 4, then, subject to this agreement (including, without limitation, clause 11), the Note Holder must, and the OF Manager must cause the Note Holder to, provide the relevant Funding Portion under the Facility as payment for the relevant Note in Same Day Funds in Dollars not later than 12 noon (Melbourne time) on the specified Funding Date and in accordance with that Funding Notice. (b) If the OF Manager gives a Facility Provider Funding Notice in accordance with clause 4 then, subject to this agreement (including, without limitation, clause 11), the Note Holder is deemed to have provided the relevant Funding Portion under the Facility as payment for the Note on the specified Funding Date and in accordance with that Facility Provider Funding Notice. This clause 5.1(b) has application only to the extent that the Note Holder has made or has an obligation to make a payment to a Facility Provider under a Card and Cheque Facility in respect of Redraw Facilities provided by the Issuer on that day.
AutoNDA by SimpleDocs
Notification of Funding Rate. (a) After the OF Manager has determined the Base Rate for a Payment Period it must promptly notify the Issuer and SF Manager in writing of the Funding Rate for that Payment Period, specifying both the Base Rate and the Margin. (b) In the absence of manifest error, each determination of the Base Rate by the OF Manager is conclusive evidence of that rate against the Issuer and the SF Manager.
Notification of Funding Rate. The Lender shall promptly and no later than on the Utilisation Date (or four
Notification of Funding Rate. (a) After the OF Manager has determined the Base Rate for a Payment Period it must promptly notify the Issuer and SF Manager in writing of the Funding Rate for that Payment Period, specifying both the Base Rate and the Margin. (b) In the absence of manifest error, each determination of the Base Rate by the OF Manager is conclusive evidence of that rate against the Issuer and the SF Manager. -------------------------------------------------------------------------------- 5 LOAN FACILITY 5.1 PROVISION OF FUNDING PORTIONS If the SF Manager gives a Funding Notice in accordance with clause 4, then, subject to this agreement (including, without limitation, clause 11), the Note Holder must, and the OF Manager must cause the Note Holder to, provide the relevant Funding Portion under the Facility as payment for the relevant Note in Same Day Funds in Dollars not later than 12 noon (Melbourne time) on the specified Funding Date and in accordance with that Funding Notice.
Notification of Funding Rate. (a) After the OF Manager has determined the Base Rate for a Payment Period it must promptly notify the Issuer and SF Manager in writing of the Funding Rate for that Payment Period, specifying both the Base Rate and the Margin. (b) In the absence of manifest error, each determination of the Base Rate by the OF Manager is conclusive evidence of that rate against the Issuer and the SF Manager. -------------------------------------------------------------------------------- 5 LOAN FACILITY
Notification of Funding Rate. (a) After the OF Manager has determined the Base Rate for a Payment Period it must promptly notify the Issuer and SF Manager in writing of the Funding Rate for that Payment Period, specifying both the Base Rate and the Margin. (b) In the absence of manifest error, each determination of the Base Rate by the OF Manager is conclusive evidence of that rate against the Issuer and the SF Manager. -------------------------------------------------------------------------------- 5 Loan Facility 5.1 Provision of Funding Portions If the SF Manager gives a Funding Notice in accordance with clause 4, then, subject to this agreement (including, without limitation, clause 11), the Note Holder must, and the OF Manager must cause the Note Holder to, provide the relevant Funding Portion under the Facility as payment for the relevant Note in ------------------------------------------------------------------------------- page 9 Top-up Funding Facility Agreement - SMHL Global Fund No. 9 Same Day Funds in Dollars not later than 12 noon (Melbourne time) on the specified Funding Date and in accordance with that Funding Notice.
Notification of Funding Rate. 30 The Lender shall promptly and no later than on the Utilisation Date (or four (4) Business Days after the date on which the Loan Extension Request has been made, in case of a Loan Extension) notify the Borrower of the Funding Rate relating to a Loan.
AutoNDA by SimpleDocs
Notification of Funding Rate. The Bank shall notify the Borrower promptly of the Funding Rate determined by it under this Clause 6.16.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!