Common use of Reimbursement of Swingline Advances Clause in Contracts

Reimbursement of Swingline Advances. The Conduit Purchasers hereby agree that if the Swingline Purchaser funds any Swingline Advance, the Conduit Purchasers shall reimburse the Swingline Purchaser for such Swingline Advance not later than one Business Day after the Swingline Purchaser funds such Swingline Advance. Such reimbursement shall be accomplished by the Conduit Purchasers remitting to the Swingline Purchaser at the Swingline Purchaser’s Account or such other account as designated in writing by the Swingline Purchaser the amount (up to the amount of the outstanding Swingline Advance) that the Conduit Purchasers otherwise would be required to remit to the account designated by the Seller pursuant to Section 2.3(b) in connection with the Advance being made on the date of such reimbursement. The Seller and the Servicer hereby authorize and instruct the Conduit Purchasers to reimburse the Swingline Purchaser in such manner.

Reimbursement of Swingline Advances. The Conduit Purchasers hereby agree that if the Swingline Purchaser funds any Swingline Advance, the Conduit Purchasers shall reimburse the Swingline Purchaser for such Swingline Advance not later than one Business Day after the Swingline Purchaser funds such Swingline Advance. Such reimbursement shall be accomplished by the Conduit Purchasers remitting to the Swingline Purchaser at the Swingline Purchaser’s Account or such other account as designated in writing by the Swingline Purchaser the amount (up to the amount of the outstanding Swingline Advance) that the Conduit Purchasers otherwise would be required to remit to the account designated by the Seller Borrower pursuant to Section 2.3(b) in connection with the Advance being made on the date of such reimbursement. The Seller and the Servicer hereby authorize and instruct the Conduit Purchasers to reimburse the Swingline Purchaser in such manner.

Reimbursement of Swingline Advances. The Conduit Purchasers hereby agree that if the Swingline Purchaser funds any Swingline Advance, the Conduit Purchasers shall reimburse the Swingline Purchaser for such Swingline Advance not later than one Business Day after the Swingline Purchaser funds such Swingline Advance. Such reimbursement shall be accomplished by the Conduit Purchasers remitting to the Swingline Purchaser at the Swingline Purchaser’s Account or such other account as designated in writing by the Swingline Purchaser the amount (up to the amount of the outstanding Swingline Advance) that the Conduit Purchasers otherwise would be required to remit to the account designated by the Seller pursuant to Section 2.3(b) in connection with the Advance being made on the date of such reimbursement. The Seller and the Servicer hereby authorize and instruct the Conduit Purchasers to reimburse the Swingline Purchaser in such manner.

Reimbursement of Swingline Advances. The Conduit Purchasers hereby agree that if the Swingline Purchaser funds any Swingline Advance, (i) the Conduit Purchasers shall reimburse the Swingline Purchaser for such Swingline Advance not later than one Business Day after the Swingline Purchaser funds such Swingline Advance. Such reimbursement shall be accomplished by the Conduit Purchasers remitting to the Swingline Purchaser at the Swingline Purchaser’s Account or such other account as designated in writing by the Swingline Purchaser the amount (up to the amount of the outstanding Swingline Advance) that the Conduit Purchasers otherwise would be required to remit to the account designated by the Seller pursuant to Section 2.3(b) in connection with the Advance being made on the date of such reimbursement. The Seller and the Servicer hereby authorize and instruct the Conduit Purchasers to reimburse the Swingline Purchaser in such manner.