Common use of Wire Transfers of Funds Clause in Contracts

Wire Transfers of Funds. Notwithstanding anything to the contrary contained herein and in the other Credit Documents, funds which the Managing Administrative Agent and the Lenders are transmitting by wire transfer shall be deemed to have been sent and received upon release by the transmitting party of such funds into the Federal Reserve Wire System.

Appears in 1 contract

Samples: Revolving Credit Agreement (Countrywide Credit Industries Inc)

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Wire Transfers of Funds. Notwithstanding anything to the contrary contained herein and in the other ----------------------- Credit Documents, funds which the Managing Lead Administrative Agent and the Lenders are transmitting by wire transfer shall be deemed to have been sent and received upon release by the transmitting party of such funds into the Federal Reserve Wire System.

Appears in 1 contract

Samples: Credit Agreement (Countrywide Credit Industries Inc)

Wire Transfers of Funds. Notwithstanding anything to the contrary contained herein and in the other Credit Documents, funds which the Managing Administrative Credit Agent and the Lenders are transmitting by wire transfer shall be deemed to have been sent and received upon release by the transmitting party of such funds into the Federal Reserve Wire System.

Appears in 1 contract

Samples: Revolving Credit Agreement (Countrywide Credit Industries Inc)

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Wire Transfers of Funds. Notwithstanding anything to the contrary contained herein and in the other Credit Documents, funds which the Managing Lead Administrative Agent and the Lenders are transmitting by wire transfer shall be deemed to have been sent and received upon release by the transmitting party of such funds into the Federal Reserve Wire System.

Appears in 1 contract

Samples: Credit Agreement (Countrywide Credit Industries Inc)

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