Common use of Procedures for Funding Clause in Contracts

Procedures for Funding. Unless the Closing Date shall have been postponed pursuant to Section 2.3(a), subject to the terms and conditions of this Participation Agreement, the Owner Participant shall make the Owner Participant's Commitment available not later than 10:00 a.m., New York City time, on the Scheduled Closing Date, by transferring or delivering such amount, in funds immediately available on such Closing Date to the Trust Company.

Appears in 2 contracts

Samples: Participation Agreement (PPL Montana LLC), Participation Agreement (PPL Montana LLC)

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Procedures for Funding. Unless the Closing Date shall have been postponed pursuant to Section 2.3(a), subject Subject to the terms and conditions of this Participation Agreement, the Owner Participant shall make the Owner Participant's Commitment available not later than 10:00 9:00 a.m., New York City time, on the Scheduled Closing Date, by transferring or delivering such amount, in funds immediately available on such the Closing Date to the Trust CompanyOwner Trust.

Appears in 2 contracts

Samples: Participation Agreement (Aes Eastern Energy Lp), Participation Agreement (Aes Eastern Energy Lp)

Procedures for Funding. Unless the Closing Date shall have been postponed pursuant to Section 2.3(a), subject Subject to the terms and conditions of this Participation Agreement, the Owner Participant shall make the Owner Participant's Commitment available not later than 10:00 a.m., New York City time, on the Scheduled Closing Date, by transferring or delivering such amount, in funds immediately available on such the Scheduled Closing Date to the Trust Company.

Appears in 2 contracts

Samples: Participation Agreement (Mirant Mid Atlantic LLC), Participation Agreement (Mirant Mid Atlantic LLC)

Procedures for Funding. Unless the Closing Date shall have been postponed pursuant to Section 2.3(aSECTION 2.2(c), subject to the terms and conditions of this Participation Agreement, the Owner Participant shall make the Owner Participant's Commitment available not later than 10:00 a.m., New York City time, on the Scheduled Closing Date, by transferring or delivering such amount, in funds immediately available on such the Scheduled Closing Date to the Trust Company.

Appears in 2 contracts

Samples: Participation Agreement (Edison Mission Energy), Participation Agreement (Edison Mission Energy)

Procedures for Funding. Unless the Closing Date shall have been postponed pursuant to Section 2.3(a), subject Subject to the terms and conditions of this Participation Agreement, the Owner Participant shall make the its Owner Participant's Commitment available not later than 10:00 a.m., New York City time, on the Scheduled Closing Date, by transferring or delivering such amount, in funds immediately available on such Closing Date to the Trust Company; and the Pass Through Trustee shall make its payment for the purchase of Lessor Notes available to the Trust Company not later than 10:30 a.m., New York City time, on the Closing Date, by transferring or delivering such amount, in funds immediately available on such Closing Date.

Appears in 1 contract

Samples: Participation Agreement (Reliant Energy Mid Atlantic Power Services Inc)

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Procedures for Funding. Unless the Closing Date shall have been postponed pursuant to Section 2.3(a2.3 (a), subject to the terms and conditions of this Participation Agreement, the Owner Participant shall make the Owner Participant's ’s Commitment available not later than 10:00 a.m., New York City time, on the Scheduled Closing Date, by transferring or delivering such amount, in funds immediately available on such Closing Date Date, to the Owner Participant’s account with the Trust Company.

Appears in 1 contract

Samples: Participation Agreement (Tennessee Valley Authority)

Procedures for Funding. Unless the Closing Date shall have been postponed pursuant to Section 2.3(a2.2(c), subject to the terms and conditions of this Participation Agreement, the Owner Participant and the Lender shall make the Owner Participant's Commitment amount of their Commitments available not later than 10:00 a.m., New York City time, on the Scheduled Closing Date, by transferring or delivering such amount, in funds immediately available on such Closing Date to the Non-Georgia Trust Company.

Appears in 1 contract

Samples: Participation Agreement (Oglethorpe Power Corp)

Procedures for Funding. Unless the Closing Date shall have been ---------------------- postponed pursuant to Section 2.3(a), subject to the terms and conditions of this Participation Agreement, the Owner Participant shall make the Owner Participant's Commitment available not later than 10:00 a.m., New York City time, on the Scheduled Closing Date, by transferring or delivering such amount, in funds immediately available on such Closing Date to the Trust Company.

Appears in 1 contract

Samples: Participation Agreement (Dynegy Danskammer LLC)

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