Payments by Agent to Lenders. All payments to be made by the Agent to the applicable Lenders shall be made by bank wire transfer or internal transfer of immediately available funds to each such Lender pursuant to wire transfer instructions delivered in writing to the Agent on or prior to the Agreement Date (or if such Lender is an Assignee, on the applicable Assignment and Acceptance), or pursuant to such other wire transfer instructions as each party may designate for itself by written notice to the Agent. Concurrently with each such payment, the Agent shall identify whether such payment (or any portion thereof) represents principal, interest or fees on the Loans or otherwise. Unless the Agent receives notice from the Borrower prior to the date on which any payment is due to the Lenders that the Borrower will not make such payment in full as and when required, the Agent may assume that the Borrower have made such payment in full to the Agent on such date in immediately available funds and the Agent may (but shall not be so required), in reliance upon such assumption, distribute to each such Lender on such due date an amount equal to the amount then due such Lender. If and to the extent the Borrower has not made such payment in full to the Agent, each applicable Lender shall repay to the Agent on demand such amount distributed to such Lender, together with interest thereon at the Federal Funds Rate for each day from the date such amount is distributed to such Lender until the date repaid.
Payments by Agent to Lenders. All payments to be made by Agent to Lenders shall be made by bank wire transfer or internal transfer of immediately available funds to each Lender pursuant to wire transfer instructions delivered in writing to Agent on or prior to the effectiveness of this Agreement (or if such Lender is an Assignee, on the applicable Assignment and Acceptance), or pursuant to such other wire transfer instructions as each party may designate for itself by written notice to Agent. Concurrently with each such payment, Agent shall identify whether such payment (or any portion thereof) represents principal, premium or interest on the Revolving Loans or otherwise.
Payments by Agent to Lenders. All payments to be made by Agent to Lenders (or Bank Product Providers) shall be made by bank wire transfer of immediately available funds pursuant to such wire transfer instructions as each party may designate for itself by written notice to Agent. Concurrently with each such payment, Agent shall identify whether such payment (or any portion thereof) represents principal, premium, fees, or interest of the Obligations.
Payments by Agent to Lenders. 67 12.15 Settlement....................................................... 67 12.16 Letters of Credit; Intra-Lender Issues........................... 71 12.17 Concerning the Collateral and the Related Loan Documents......
Payments by Agent to Lenders. 59 14.15 Concerning the Collateral and the Related Loan Documents..........
Payments by Agent to Lenders. All payments to be made by the Agent to the Lenders shall be made by bank wire transfer or internal transfer of immediately available funds to: if to BABC: Bank: Bank of America NT&SA 0000 Xxxxxxx Xxxx Xxxxxxx, XX 00000 ABA Number: 000000000 Account Number: 12353-03848 Account Name: BankAmerica Business Credit, Inc. Attention: Xxxxxx Xxxxx Reference: Trend-Lines if to Foothill Capital Corporation:
Payments by Agent to Lenders. All payments to be made by the Agent to the Lenders shall be made by bank wire transfer or internal transfer of immediately available funds to: if to Bank of America: Bank of America, National Association ABA # 071000000 Chicago IL Bank of America Business Credit Acct# 86667-00418 Reference: FTL Receivables or pursuant to such other wire transfer instructions as each party may designate for itself by written notice to the Agent. Concurrently with each such payment, the Agent shall identify whether such payment (or any portion thereof) represents principal, premium or interest on the Revolving Loans or otherwise.
Payments by Agent to Lenders. All payments to be made by the Agent to the Lenders shall be made by bank wire transfer or internal transfer of immediately available funds to each Lender pursuant to wire transfer instructions delivered in writing to the Agent on or prior to the Closing Date (or if such Lender is an Assignee, on the applicable Assignment and Acceptance), or pursuant to such other wire transfer instructions as each party may designate for itself by written notice to the Agent, provided if any Lender shall fail to provide such wire instructions to Agent, Agent may hold any payments due to such Lender for the account of such Lender without interest until Agent receives such instructions. Concurrently with each such payment, the Agent shall identify whether such payment (or any portion thereof) represents principal, premium or interest on the Term Loan. Unless Agent shall first have received any payments due from Borrowers, Agent shall not be responsible to make any corresponding payment to Lenders.
Payments by Agent to Lenders. Each payment received by the Administrative Agent under this Agreement for account of any Lender shall be paid by the Administrative Agent promptly to such Lender, but in any event within one (1) Business Day, for account of such Lender’s applicable Lending Office.
Payments by Agent to Lenders. Promptly upon receipt by the Agent of any repayment or prepayment made by the Borrower the Agent shall advise each of the Lenders of their respective Commitment Percentages or rateable share thereof. Any repayment or prepayment made by the Borrower to the Agent shall be distributed by the Agent to the Lenders entitled thereto, in accordance with their respective Commitment Percentages or rateable share thereof, on the same Business Day, if paid to the Agent’s Account before 1:00 p.m., or by no later than the next Business Day, if paid to the Agent’s Account after 1:00 p.m. on a Business Day by depositing the relevant amount in immediately available funds in the relevant Lender’s Account maintained by each such Lender.
