Common use of Participant Funding and Disbursement Clause in Contracts

Participant Funding and Disbursement. Each Participant shall, before 11:00 a.m. on the date of each Advance, make available to Agent at its office specified in Paragraph 7.01, in same day or immediately available funds, such Participant's Proportionate Share of such Advance. After Agent's receipt of such funds and upon fulfillment of the applicable conditions set forth in Section III, Agent will promptly disburse such funds on behalf of Lessor, in same day or immediately available funds, as follows:

Appears in 2 contracts

Samples: Participation Agreement (Novellus Systems Inc), Participation Agreement (Novellus Systems Inc)

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Participant Funding and Disbursement. Each Participant shall, before 11:00 a.m. on the date of each Advance, make available to Agent at its office specified in Paragraph 7.01, in same day or immediately available funds, such Participant's Proportionate Share of such Advance. After Agent's receipt of such funds and upon fulfillment of the applicable conditions set forth in Section III3, Agent will promptly disburse such funds on behalf of Lessor, in same day or immediately available funds, as follows:directed by Lessee in the Advance Request for such Advance.

Appears in 2 contracts

Samples: Participation Agreement (Novellus Systems Inc), Participation Agreement (Novellus Systems Inc)

Participant Funding and Disbursement. Each Participant shall, before 11:00 a.m. on the date of each Advance, make available to Agent at its office specified in Paragraph 7.01, in same day or immediately available funds, such Participant's Proportionate Share of such Advance. After Agent's receipt of such funds and upon fulfillment of the applicable conditions set forth in Section III, Agent will promptly disburse such funds on behalf of Lessor, in same day or immediately available funds, as follows:directed by Lessee in the Advance Request for such Advance. (b)

Appears in 1 contract

Samples: Participation Agreement (Etec Systems Inc)

Participant Funding and Disbursement. Each Subject to the terms and conditions of this Agreement, each Participant shall, before 11:00 a.m. 12:00 p.m. on the date of each Advance, make available to Agent at its office specified in Paragraph 7.01, in same day or immediately available funds, such Participant's Proportionate Share of such Advance. After Agent's receipt of such funds and upon fulfillment of the applicable conditions set forth in Section III, Agent will promptly disburse such funds on behalf of Lessor, in same day or immediately available funds, as follows:

Appears in 1 contract

Samples: Lease Agreement (Kla Tencor Corp)

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Participant Funding and Disbursement. Each Except as otherwise provided in Subparagraph 2.05(d) relating to the Initial Advances, each Participant shall, before 11:00 a.m. 12:00 noon (Central time) on the date of each Advance, make available to Agent at its office specified in Paragraph 7.01, in same day or immediately available funds, such Participant's Proportionate Share of such Advance. After Agent's receipt of such funds and upon fulfillment of the applicable conditions set forth in Section III3, Agent will promptly disburse such funds on behalf of Lessor, in same day or immediately available funds, as follows:

Appears in 1 contract

Samples: Participation Agreement (Novellus Systems Inc)

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