Common use of Advances; Payments; Fee Payments Clause in Contracts

Advances; Payments; Fee Payments. (i) The parties hereto agree that, whenever possible, the Swing Line Loan shall be the first Loan advanced and the first Loan repaid so as to minimize fluctuations in the Revolving Loan balance. Furthermore, for ease of administration, Agent may, on behalf of Lenders, disburse funds to Borrower for requested Revolving Credit Advances and the Revolving Loan balance may fluctuate from day to day through Agent's disbursement of funds to, and receipt of funds from, Borrower. In order to minimize the frequency of transfers of funds between Agent and each Lender, Revolving Credit Advances requested to be made in respect of Index Rate Loans and payments in respect thereof will be settled according to the procedures described in Sections 9.9(a)(ii) and 9.9(a)(iii) below. Notwithstanding these procedures, each Lender's obligation to fund its portion of any Revolving Credit Advances made by Agent to Borrower will commence on the date such Advances are made by Agent. Such payments will be made by each Lender without setoff, counterclaim or reduction of any kind.

Advances; Payments; Fee Payments. (i) The parties hereto agree that, whenever possible, the Swing Line Loan shall be the first Loan advanced and the first Loan repaid so as to minimize fluctuations in the Revolving Loan balance. Furthermore, for ease of administration, Agent may, on behalf of Lenders, disburse funds to Borrower for requested Revolving Credit Advances and the Revolving Loan balance may fluctuate from day to day through Agent's disbursement of funds to, and receipt of funds from, Borrower. In order to minimize the frequency of transfers of funds between Agent and each Lender, Revolving Credit Advances requested to be made in respect of Index Rate Loans and payments in respect thereof will be settled according to the procedures described in Sections 9.9(a)(ii) and 9.9(a)(iii) ------------------ ---------- below. Notwithstanding these procedures, each Lender's obligation to fund its portion of any Revolving Credit Advances made by Agent to Borrower will commence on the date such Advances are made by Agent. Such payments will be made by each Lender without setoff, counterclaim or reduction of any kind.

Advances; Payments; Fee Payments. (i) The parties hereto agree that, whenever possible, the Swing Line Loan shall be the first Loan advanced and the first Loan repaid so as to minimize fluctuations in the Revolving Loan balance. Furthermore, for ease of administration, Agent may, on behalf of Lenders, disburse funds to Borrower for requested Revolving Credit Advances and the Revolving Loan balance may fluctuate from day to day through Agent's disbursement of funds to, and receipt of funds from, Borrower. In order to minimize the frequency of transfers of funds between Agent and each Lender, Revolving Credit Advances requested to be made in respect of Index Rate Loans and payments in respect thereof will be settled according to the procedures described in Sections 9.9(a)(iiSECTIONS 9.9(A)(II) and 9.9(a)(iii9.9(A)(III) below. Notwithstanding these procedures, each Lender's obligation to fund its portion of any Revolving Credit Advances made by Agent to Borrower will commence on the date such Advances are made by Agent. Such payments will be made by each Lender without setoff, counterclaim or reduction of any kind.

Advances; Payments; Fee Payments. (i) The parties hereto agree that, whenever possible, the Swing Line Loan shall be the first Loan advanced and the first Loan repaid so as to minimize fluctuations in the Revolving Loan balance. Furthermore, for ease of administration, Agent may, on behalf of Lenders, disburse funds to Borrower for requested Revolving Credit Advances and the Revolving Loan balance may fluctuate from day to day through Agent's ’s disbursement of funds to, and receipt of funds from, Borrower. In order to minimize the frequency of transfers of funds between Agent and each Lender, Revolving Credit Advances requested to be made in respect of Index Rate Loans and payments in respect thereof will be settled according to the procedures described in Sections 9.9(a)(ii) and 9.9(a)(iii) below. Notwithstanding these procedures, each Lender's ’s obligation to fund its portion of any Revolving Credit Advances made by Agent to Borrower will commence on the date such Advances are made by Agent. Such payments will be made by each Lender without setoff, counterclaim or reduction of any kind.

Advances; Payments; Fee Payments. (i) The parties hereto agree that, whenever possible, the Swing Line Loan shall be the first Loan advanced and the first Loan repaid so as to minimize fluctuations in the Revolving Loan balance. Furthermore, for ease of administration, Agent may, on behalf of Lenders, disburse funds to Borrower for requested Revolving Credit Advances and the Revolving Loan balance may fluctuate from day to day through Agent's disbursement of funds to, and receipt of funds from, Borrower. In order to minimize the frequency of transfers of funds between Agent and each Lender, Revolving Credit Advances requested to be made in respect of Index Rate Loans and payments in respect thereof will be settled according to the procedures described in Sections 9.9(a)(ii) and 9.9(a)(iii) below. Notwithstanding these procedures, each Lender's obligation to fund its portion of any Revolving Credit Advances made by Agent to Borrower will commence on the date such Advances are made by Agent. Such payments will be made by each Lender without setoff, counterclaim or reduction of any kind.