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 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 6 on the next Business Day.

Appears in 4 contracts

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

AutoNDA by SimpleDocs

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 6 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 6 3 on the next Business Day.

Appears in 4 contracts

Samples: Master Agreement (Ruby Tuesday Inc), Master Agreement (Ruby Tuesday Inc), Assignment and Assumption of Lease (Fidelity National Information Services, 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 6 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 6 3 on the next --------- Business Day.

Appears in 2 contracts

Samples: Loan Agreement (Hughes Supply Inc), Loan Agreement (Hughes Supply 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 6 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 6 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 ANY Business Day shall be distributed to the Funding Parties Persons entitled thereto in accordance with and to the extent provided in this Section 6 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 6 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 6 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 6 3 on the next Business Day.. ---------

Appears in 1 contract

Samples: Assignment and Assumption of Lease (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 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 SECTION 6 on the next Business Day.

Appears in 1 contract

Samples: Master Agreement (Allete Inc)

AutoNDA by SimpleDocs

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 6 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 6 Article VI on the next Business Day.

Appears in 1 contract

Samples: Master Agreement (Concord Efs 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 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 6 Article VI on the next Business Day.

Appears in 1 contract

Samples: Master Agreement (Borders Group 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 6 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 6 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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!