Bank Funding. Each Bank shall, before 12:00 noon on the date of each Borrowing, make available to Administrative Agent at its office specified in Section 12.1, in same day funds, such Bank's Proportionate Share of such Borrowing. The failure of any Bank to make the Loan to be made by it as part of any Borrowing shall not relieve any other Bank of its obligation hereunder to make its Loan on the date of such Borrowing. No Bank shall be responsible for the failure of any other Bank to make the Loan to be made by such other Bank on the date of any Borrowing.
Bank Funding. Each Bank shall, before noon (12:00 p.m.) on the date of each Borrowing, make available to Administrative Agent by wire transfer of immediately available funds in Dollars to the account of Administrative Agent most recently designated by it for such purpose, such Bank's Proportionate Share of the Loan to be made on such date. The failure of any Bank to make the Loan to be made by it as part of any Borrowing shall not relieve any other Bank of its obligation hereunder to make its Loan on the date of such Loan. Except as provided in Section 9.12, no Bank shall be responsible for the failure of any other Bank to make the Loan to be made by such other Bank on the date of any Borrowing.
Bank Funding. Prior to the occurrence of an Amortization Event, the outstanding principal balance of each Bank Funding shall accrue interest for each day during its Interest Period at either the LIBO Rate or the Alternate Base Rate in accordance with the terms and conditions hereof. Until Borrower gives notice to the Lender Group Agent for each Lender Group of another Interest Rate in accordance with Section 4.4, the initial Interest Rate for any Loan made by any Conduit that is transferred to the Liquidity Banks for such Conduit’s Lender Group pursuant to the related Liquidity Agreement shall be the Alternate Base Rate (unless the Default Rate is then applicable). If the Liquidity Banks of a Lender Group acquire by assignment from the related Conduit any Loan pursuant to the Liquidity Agreement for such Lender Group, each such Loan so assigned shall be deemed to have an Interest Period commencing on the date of any such assignment.
Bank Funding. 8 2.7 COMMITMENT FEES . . . . . . . . . . . . . . . . . . . . . . . . . . 8
Bank Funding. Agent shall have no obligation to fund any portion of an Advance which has not been funded by such time by the applicable Bank. If, however, a Bank does not fund its Pro Rata Share of a Multicurrency Advance in a timely manner, and Agent funds such Advance to Borrower before having received funding from such Bank, such Bank shall reimburse Agent for any overdraft charges and interest incurred by Agent on account of such late or failed funding.
Bank Funding. Each Bank shall, before 11:00 a.m. on the applicable Funding Date, make available to Administrative Agent by wire transfer of immediately available funds in Dollars to the account of Administrative Agent most recently designated by it for such purpose, such Bank's Proportionate Share of such Loan. The failure of any Bank to make the Loan to be made by it as part of any Loan shall not relieve any other Bank of its obligation hereunder to make its Loan on the applicable Funding Date. No Bank shall be responsible for the failure of any other Bank to make the Loan to be made by such other Bank on the applicable Funding Date. Unless Administrative Agent shall have been notified by any Bank prior to the applicable Funding Date that such Bank does not intend to make available to Administrative Agent the amount of such Bank's Proportionate Share of such Loan requested on such date, Administrative Agent may assume that such Bank has made such amount available to Administrative Agent on such date in accordance with the prior paragraph and Administrative Agent may, in its sole discretion and in reliance upon such assumption, make available to Borrower a corresponding amount on such date. If such corresponding amount is not in fact made available to Administrative Agent by such Bank, Administrative Agent shall be entitled to recover such corresponding amount on demand (and, in any event, within two Banking Days from the applicable Funding Date) from such Bank together with interest thereon, for each day from the applicable Funding Date until the date such amount is paid to Administrative Agent, at the Federal Funds Rate for the first two Banking Days after such date. If such Bank pays such amount to Administrative Agent, then such amount shall constitute such Bank's Proportionate Share of such Loan included in such Loan. If such Bank does not pay such corresponding amount forthwith upon Administrative Agent's demand therefor or within two Banking Days from the applicable Funding Date, Administrative Agent shall promptly notify Borrower and Borrower shall immediately pay such corresponding amount to Administrative Agent together with interest thereon, for each day from the applicable Funding Date until the date such amount is paid to Administrative Agent, at the rate then payable under this Agreement for Base Rate Loans. Nothing in this Section 2.1.6(c) shall be deemed to relieve any Bank from its obligation to fulfill its Obligations hereunder or to prejudice any righ...
Bank Funding. The Banks have made the initial funding of the Bank Facility under the Bank Facility Agreement, none of the Banks have defaulted or failed in any way to fund any of the Bank Facility under the Bank Facility Agreement and the Borrower has provided a certificate from a senior officer certifying the truth and accuracy of the above.
