Common use of Timing of Agent Distributions Clause in Contracts

Timing of Agent Distributions. Payments received by the Agent in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on such Business Day. Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on the next Business Day.

Appears in 4 contracts

Samples: Loan Agreement (Concord Efs Inc), Master Agreement (Ruby Tuesday Inc), Lease Agreement (Fidelity National Information Services, Inc.)

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Timing of Agent Distributions. Payments received by the Agent in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 6 on such Business Day. Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 6 on the next Business Day.

Appears in 4 contracts

Samples: Master Agreement (Checkfree Corp \Ga\), Lease Participation Agreement (Aaron Rents Inc), Master Agreement (Choicepoint Inc)

Timing of Agent Distributions. Payments received by the Agent ----------------------------- in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on such Business Day. --------- Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on the next --------- Business Day.

Appears in 2 contracts

Samples: Loan Agreement (Hughes Supply Inc), Hughes Supply Inc

Timing of Agent Distributions. Payments received by the Agent in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on such Business Day. Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on the next Business Day.. SECTION 5 THE LESSOR; EXERCISE OF REMEDIES UNDER LEASE AND GUARANTY

Appears in 1 contract

Samples: Master Agreement (Ruby Tuesday Inc)

Timing of Agent Distributions. Payments received by the Agent ----------------------------- in immediately available funds before 12:00 p.m. (noon), Atlanta, Atlanta Georgia time, on any Business Day shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on such Business Day. Payments --------- received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 prior to 12:00 p.m. --------- (noon), Atlanta, Georgia time on the next Business Day.

Appears in 1 contract

Samples: Master Agreement (Sterling Commerce Inc)

Timing of Agent Distributions. Payments received by the Agent in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 SECTION 6 on such Business Day. Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 SECTION 6 on the next Business Day.

Appears in 1 contract

Samples: Master Agreement (Allete Inc)

Timing of Agent Distributions. Payments received by the Agent in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day shall be distributed to the Funding Parties Persons entitled thereto in accordance with and to the extent provided in this Section 3 Article VI on such Business Day. Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties Persons entitled thereto in accordance with and to the extent provided in this Section 3 Article VI on the next Business Day.

Appears in 1 contract

Samples: Master Agreement (Concord Efs Inc)

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Timing of Agent Distributions. Payments received by the Agent in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any ANY Business Day shall be distributed to the Funding Parties Persons entitled thereto in accordance with and to the extent provided in this Section 3 Article VI on such Business Day. Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties Persons entitled thereto in accordance with and to the extent provided in this Section 3 Article VI on the next Business Day.

Appears in 1 contract

Samples: Master Agreement (Bank of New York Co Inc)

Timing of Agent Distributions. Payments received by the ----------------------------- Agent in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on such Business --------- Day. Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 on the next Business Day.. ---------

Appears in 1 contract

Samples: Master Agreement (Certegy Inc)

Timing of Agent Distributions. Payments received by the Agent in immediately available funds before 12:00 p.m. (noon), Atlanta, Georgia time, on any Business Day shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 6 on such Business Day. Payments received by the Agent in immediately available funds after 12:00 p.m. (noon), Atlanta, Georgia time shall be distributed to the Funding Parties in accordance with and to the extent provided in this Section 3 Article VI on the next Business Day.

Appears in 1 contract

Samples: Master Agreement (Borders Group Inc)

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