Common use of Periodic Settlement of Agent Advances and Repayments Clause in Contracts

Periodic Settlement of Agent Advances and Repayments. (a) The Settlement Date. The amount of each Revolving Credit ------------------- Lender's Revolving Credit Proportionate Share of Revolving Loans shall be computed weekly (or more frequently in the Agent's discretion) and shall be adjusted upward or downward based on all Revolving Loans (including Agent Advances) and repayments received by the Agent as of 5:00 P.M. New York City time on the last Business Day of the period specified by the Agent (such date, the "Settlement Date"). ---------------

Appears in 1 contract

Samples: Credit Agreement (Rental Service Corp)

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Periodic Settlement of Agent Advances and Repayments. (a) The Settlement Date. The amount of Revolving Loans and the amount of each Revolving Credit ------------------- Lender's Revolving Credit Proportionate Share of Revolving Loans shall be computed weekly (or more frequently in the Agent's discretion) and shall be adjusted upward or downward based on all Revolving Loans (including Agent Advances) and repayments of Revolving Loans received by the Agent as of 5:00 P.M. New York City time on the last Business Day of the period specified by the Agent (such date, the "Settlement Date"). ---------------.

Appears in 1 contract

Samples: Credit Agreement (Riverside Group Inc/Fl)

Periodic Settlement of Agent Advances and Repayments. (a) The Settlement Date. The amount of each Revolving Credit ------------------- Lender's Revolving Credit ------------------- Proportionate Share of Revolving Loans shall be computed weekly (or more frequently in the Agent's discretion) and shall be adjusted upward or downward based on all Revolving Loans (including Agent Advances) and repayments received by the Agent as of 5:00 P.M. New York City time on the last Business Day of the period specified by the Agent (such date, the "Settlement Date"). ---------------

Appears in 1 contract

Samples: Credit Agreement (Rental Service Corp)

Periodic Settlement of Agent Advances and Repayments. (a) The Settlement Date. The amount of each Revolving Credit ------------------- Lender's Revolving Credit Proportionate Share of Revolving Loans shall be computed weekly (or more frequently in the Agent's discretion) and shall be adjusted upward or downward based on all Revolving Loans (including Agent Advances) and repayments received by the Agent as of 5:00 P.M. New York City time on the last Business Day of the period specified by the Agent (such date, the "Settlement Date"). ---------------.

Appears in 1 contract

Samples: Credit Agreement (Mobile Mini Inc)

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Periodic Settlement of Agent Advances and Repayments. (a) The Settlement Date. The amount of Revolving Loans and the amount of each Revolving Credit ------------------- Lender's Revolving Credit Proportionate Share of Revolving Loans shall be computed weekly (or more frequently in the Agent's discretion) and shall be adjusted upward or downward based on all Revolving Loans (including Agent Advances) and repayments of Revolving Loans received by the Agent as of 5:00 P.M. New York City time on the last Business Day of the period specified by the Agent (such date, the "Settlement Date"). ---------------(b)

Appears in 1 contract

Samples: Credit Agreement (Wickes Lumber Co /De/)

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