Timing of Advances. Advances shall not be made more than once per calendar month, and all Advances in any calendar month shall be made on the same Borrowing Date. Each Advance (other than the last Advance) shall be in an aggregate principal amount of not less than $25,000. No amounts may be borrowed hereunder on or after the Financing Termination Date. Lender is hereby authorized to retain from each Advance all amounts of Lender's Expenses accrued and unpaid by Borrower, for which invoices have been sent to Borrower at least five (5) Business Days before such Advance. In any event, all outstanding legal fees, charges and expenses not paid by Borrower prior to any Borrowing Date shall be paid before any Advance is made or concurrently with such Advance.
Timing of Advances. Investor shall have the right, but not the obligation, to advance to Players up to a total of Nine Hundred Twenty Five Thousand and No/100 Dollars ($925,000.00) in accordance with the following schedule: November 2, 2016 $ 125,000.00 November 21, 2016 $ 267,000.00 November 30, 2016 $ 267,000.00 December 15, 2016 $ 266,000.00
Timing of Advances. Subject to Clause 4.3 (Conditions Precedent to all Advances), the Borrower shall have the right to request Advances from the Facility Lenders in accordance with Schedule 1 (The Original Facility Lenders and Commitments) provided that:
(a) the Borrower shall first request Advances (a “Tranche A Advance”) from the Facility Lenders on a pro rata basis up to their respective Tranche A Commitment; and
(b) after the Facility Lenders have made Advances in an amount equal to their respective Tranche A Commitment, the Borrower may request any subsequent Advances (a “Tranche B Advance”) from the Facility Lenders on a pro rata basis up to their respective Tranche B Commitment.
Timing of Advances. 6.2.1 Borrower may request daily Interim Advances on each Loan (each, an “Interim Advance Request”) by submitting to Lender no more than two (2) Interim Advance Requests per calendar month, which Interim Advance Requests shall be submitted at least five (5) Business Days prior to the date each such Advance is requested to be funded. Except with respect to Catch-Up Advances made on a Construction Loan, Lender shall not be required to fund any Interim Advance sooner than five (5) days after the last Advance has been disbursed.
Timing of Advances. Where the Collateral Agent, the Administrator, on behalf of the MAV, or a LSS CDS Counterparty, as the case may be, has requested a Facility Provision or a Facility Provision is otherwise required to be made or delivered on any Business Day pursuant to the provisions of this Agreement, the Margin Funding Facility Agreement, or the Agreement to Purchase Senior Notes, a Senior Purchaser or Lender (as applicable) will be deemed to have made or delivered such Facility Provision by the applicable required time on such date if: (a) an amount of Cash (or Cash Equivalents, if applicable) equal to the required Advance or Senior Purchase is received in the MFF Account or Senior Account (as applicable) by such required time (or by 5:00 pm if no such time is specified) on such date; (b) evidence of irrevocable wiring instructions (in the case of the transfer of Cash) or securities settlement instructions in respect of the amounts of Cash or Cash Equivalents referred to in Subclause (a) is provided by the relevant Lender or Senior Purchaser to the Administrator, the Collateral Agent and each LSS CDS Counterparty by such required time (or by 5:00 pm if no such time is specified) on such date, provided that, notwithstanding any other provision of this Agreement, if the requisite amount of Cash or Cash Equivalents is not received from a Non-Dealer Lender before the expiry of the relevant grace period (if any) for providing the Advance to which such instructions relate, a Non-Dealer Lender Default shall occur with respect to such Non-Dealer Lender; (c) if applicable, an Acknowledgement of a Qualifying Non-Funded Amount (substantially in the form of Schedule 2 (Form of Acknowledgement of a Qualifying Non-Funded Amount) of the Margin Funding Facility Agreement) is delivered to the Collateral Agent by a Lender, duly executed by an authorised officer thereof, by such required time on such date in accordance with Section 12.3 (Communications and Notices) with copies to the Administrative Agent and the Administrator, or (d) if applicable, a Senior Put Right (substantially in the form of Schedule 4 (Form of Senior Put Right) of the Agreement to Purchase Senior Notes) is delivered to the Collateral Agent by a Senior Purchaser, duly executed by an authorised signatory thereof, by such required time on such date in accordance with Section 12.3 (Communications and Notices) with copies to the Administrative Agent and the Administrator; provided that for clause (c) and (d) above, if su...
Timing of Advances. Parts or the whole of any advance of Lessor's ------------------ Funds may be made before or after the date requested by Lessee if Lessor believes it advisable to do so.
Timing of Advances. For each Advance other than the Initial Advance or the Second Advance, Company may request any Advance only within 90 days following the invoice date for the portion of Equipment corresponding to the applicable Advance as set forth on Schedule I (the “Advance Period”). Essex shall make each Advance to Company within 21 days of Company’s delivery of the Advance Request and the other items listed in clause (b) above. Company shall endeavor to provide Essex with copies of all invoices from the Vendors within 10 days of the Company’s receipt of such invoice from the applicable Vendor.
Timing of Advances. Advances shall not be made more than once per calendar month, and all Advances in any calendar month shall be made on the same Borrowing Date. Each Advance (other than the last Advance) shall be in an aggregate principal amount of not less than $25,000. No amounts may be borrowed under the Tranche 1, Tranche 2, or Tranche 3 Commitment on or after the Financing Termination Date for such tranche. Lender is hereby authorized to retain from each Advance all amounts of Lender's Expenses that are accrued and unpaid and for which invoices have been sent to Econophone at least five (5) Business Days before such Advance. In any event, all outstanding Lender's expenses consisting of legal fees, charges and expenses not paid prior to any Borrowing Date shall be paid before any Advance is made or concurrently with such Advance.
Timing of Advances. Advances for the payment of the cost of labor, materials, and services supplied for the construction of the Improvements shall be made by Lender upon compliance by Borrower with the terms and conditions contained in this Loan Agreement after actual commencement of construction of the Improvements for work actually done during the preceding period. From time to time, but no more frequently than monthly, Borrower may submit to Lender an Application for Advance requesting an Advance under the Loan for the payment of the cost of labor, materials, and services supplied for the construction of the Improvements and for the payment of other costs and expenses incident to the Loan or the construction of the Improvements and specified in the Approved Budget. Lender may require an inspection of, and favorable report on, the Improvements by the Inspecting Architect/Engineer prior to making any Advance. Each Application for Advance shall be submitted by Borrower to Lender a reasonable time (but not less than five (5) Business Days) prior to the date upon which the Advance requested is desired by Borrower. Borrower shall be entitled to an Advance only in an amount approved by Lender.
Timing of Advances. The Lender shall fund the Tranche with respect to any Approved Project at the time required by the applicable Senior Construction Lender. Unless the Senior Construction Lender for an Approved Project requires that all or a portion of the Tranche applicable to such Approved Project be funded in advance, the Lender reserves the right to make advances of portions of Tranches at the same time as or immediately before the Senior Construction Lender for an Approved Project advances portions of the Senior Construction Loan and after compliance with all of the conditions to the Senior Construction Lender's advances of such Senior Construction Loan including approved requisitions, lien waivers, title datedowns, inspections by an inspecting engineer and the like. If the Senior Construction Lender funds the Senior Construction Loan or a portion thereof, then Lender shall fund the applicable Tranche or portion thereof provided the applicable conditions in Section 5 hereof are satisfied. In the event the Lender is advancing a portion of a Tranche at the same time as or immediately before a Senior Construction Lender with respect to an Approved Project, the Lender shall only be required to advance the portion of a Tranche equal to the Lender's pro- rata share of the portion of the total loans (of the applicable Senior Construction Loan and applicable Tranche) for such Approved Project being loaned at the time of such loan advance including multiple advances per month (notwithstanding the provisions of Section 2.3 hereof), if so made by the applicable Senior Construction Lender.
