REVOLVING CREDIT FUNDING PROCEDURES. Subject to Section 13.2: (a) The Administrative Agent shall advise each Revolving Credit Lender, no later than 12:30 p.m. on a date on which any Revolving Credit Loan (other than a SwingLine Loan) is to be made on that date. Such advice, in each instance, may be by telephone or facsimile transmission, provided that if such advice is by telephone, it shall be confirmed in writing. Advice of a Revolving Credit Loan shall include the amount of and interest rate applicable to the subject Revolving Credit Loan. (b) Subject to that Revolving Credit Lender's Revolving Credit Dollar Commitment, each Revolving Credit Lender, by no later than 3:00 p.m. on the day on which the subject Revolving Credit Loan is to be made, shall Transfer that Revolving Credit Lender's Revolving Credit Commitment Percentage of the subject Revolving Credit Loan to the Administrative Agent in immediately available funds.
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Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.)
REVOLVING CREDIT FUNDING PROCEDURES. Subject to Section 13.2:12.2: 107
(a) The Administrative Agent shall advise each Revolving Credit Lender, no later than 12:30 p.m. on a date on which any Revolving Credit Loan (other than a SwingLine Loan) is to be made on that date. Such advice, in each instance, may be by telephone or facsimile transmission, provided that if such advice is by telephone, it shall be confirmed in writing. Advice of a Revolving Credit Loan shall include the amount of and interest rate applicable to the subject Revolving Credit Loan.
(b) Subject to that Revolving Credit Lender's Revolving Credit Dollar Commitment, each Revolving Credit Lender, by no later than 3:00 p.m. on the day on which the subject Revolving Credit Loan is to be made, shall Transfer that Revolving Credit Lender's Revolving Credit Commitment Percentage of the subject Revolving Credit Loan to the Administrative Agent in immediately available funds.
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Samples: Loan and Security Agreement (Value City Department Stores Inc /Oh)
REVOLVING CREDIT FUNDING PROCEDURES. Subject to Section 13.2:
(a) The Administrative Agent shall advise each Revolving Credit Lender, no later than 12:30 p.m. on a date on which any Revolving Credit Loan (other than a SwingLine Loan) is to be made on that date. Such advice, in each instance, may be by telephone or facsimile transmission, provided that if such advice is by telephone, it shall be confirmed in writing. Advice of a Revolving Credit Loan shall include the amount of and interest rate applicable to the subject Revolving Credit Loan.
(b) Subject to that Revolving Credit Lender's Revolving Credit ’s Tranche A Dollar Commitment or Tranche A-1 Dollar Commitment, as applicable, each Revolving Credit Lender, by no later than 3:00 p.m. on the day on which the subject Revolving Credit Loan is to be made, shall Transfer that Revolving Credit Lender's Revolving Credit ’s Applicable Commitment Percentage of the subject Revolving Credit Loan to the Administrative Agent in immediately available funds.
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