Examples of Facility Group in a sentence
Notwithstanding the foregoing, with respect to any Facility Group, each Conduit Lender without a Commitment in such Facility Group may, in its sole discretion, make available to the Borrower the Percentage of the applicable Requested Amount allocable to such Conduit Xxxxxx’s Facility Group.
Each Facility Group shall make its Percentage of the applicable Requested Amount on each Borrowing Date by wire transfer of immediately available funds by 3:00 p.m. (New York City time) to the account designated by the Borrower on the related Request for Advance.
Promptly following receipt of a Request for Advance in accordance with this Section 2.02, the Funding Agents shall advise each applicable Lender in its Facility Group of the details thereof and of the amounts of such Lender’s Advance to be made as part of the requested Borrowing.
If a Conduit Lender (other than a Committed Conduit Lender) elects not to fund its Facility Group’s Percentage of the Requested Amount, such Conduit Lender’s related Lender or Lenders with a Commitment or Commitments in such Conduit Lender’s Facility Group, respectively, shall, upon satisfaction of the applicable conditions set forth in this Agreement, make available to the Borrower, such Facility Group’s respective Percentage of the Requested Amount.