Request to Advance Loans Sample Clauses

Request to Advance Loans. The Borrower shall request that the Lenders make the Loans on any Advance Date by delivering to the Administrative Agent one or more (by PS Pool Aircraft) notices in writing in the form attached hereto as Exhibit J (collectively with respect to the same Advance Date, an “Advance Request”) no later than 12:00 p.m., New York City time, at least five Business Days before such Advance Date. Such Advance Request shall specify (i) the Advance Date, (ii) the Related Pool Aircraft for such Advance Date (including the Initial Appraised Values thereof) and (iii) the aggregate amount of the Loans to be made on such Advance Date. Each Advance Request shall be revocable, provided that the Borrower shall make any payment related to any revocation of an Advance Request or other failure to borrow any Loan in accordance with Section 2.08(m). Following the receipt of an Advance Request, the Administrative Agent shall promptly notify each Lender thereof including the amount of such Lender’s Catch-Up Advances (if any) and such Lender’s Applicable Percentage of the Aggregate Requested Advance Amount (or Remaining Aggregate Requested Advance Amount, if any Catch-Up Advances will be advanced on such Advance Date pursuant to Section 2.03(b)) for the applicable Advance Date. Each determination by the Administrative Agent of the foregoing, including the amounts of the Catch-Up Advances and the Remaining Aggregate Requested Advance Amount, shall be conclusive as to the amount and calculation thereof and shall ensure that Lenders are obligated to make 100% of the aggregate amount of the Loans to be made on such Advance Date.