Type of Loan. (i) Each Advance by an Issuer shall initially be funded by the issuance of Commercial Paper Notes by such Issuer.
Appears in 3 contracts
Samples: Loan Agreement (Lennar Corp /New/), Loan Agreement (Pulte Homes Inc/Mi/), Loan Agreement (Pulte Homes Inc/Mi/)
Type of Loan. (i) Each Advance by an Issuer shall initially be funded by the issuance of Commercial Paper Notes by such Issuer (or in the case of Xxxxxxx, by the issuance of Commercial Paper Notes by the Related CP Issuer); provided, further, that Advances made by Xxxxxxx shall be initially funded by the issuance of Commercial Paper Notes or by assigning such Advances to the related Group Bank.
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Lennar Corp /New/)
Type of Loan. (i) Each Advance by an Issuer shall initially be funded by the issuance of Commercial Paper Notes by such IssuerIssuer (or in the case of YC, by the issuance of Commercial Paper Notes by Yorktown Capital, LLC); provided that Advances made by Xxxxxx may be initially funded by the issuance of Commercial Paper Notes or by assigning such Advances to the related Group Bank.
Appears in 1 contract
