Collateral Maintenance, Repayment of Financing. The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement (as defined herein) and such Committed Facility Agreement has not been terminated or the commitment therein has not expired. Customer will at all times maintain in, and upon written or oral demand furnish to, the Accounts, or otherwise provide to the BNPP Entities in a manner satisfactory to the BNPP Entities, assets of the types and in the amounts required by the BNPP Entities in light of outstanding Contracts (“Deliverable Collateral”). Immediately upon written or oral demand by BNPP PB, Inc., Customer shall pay to BNPP PB, Inc. in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account.
Collateral Maintenance, Repayment of Financing. The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement (as defined herein) and such Committed Facility Agreement has not been terminated or the commitment therein has not expired. Customer will at all times maintain in, and upon written (including, without limitation, via electronic mail) demand furnish to, the Accounts, or otherwise provide to the BNPP Entities in a manner satisfactory to the BNPP Entities, assets of the types and in the amounts required by the BNPP Entities in accordance with the terms of the outstanding Contracts (“Deliverable Collateral”) as follows: if the relevant demand is made on or before 11:00 a.m. New York time on any Business Day, Customer shall meet such demand by the close of business on that Business Day; if the relevant demand is made after 11:00 a.m. New York time on any Business Day, Customer shall meet such demand by the close of business on the following Business Day. Immediately upon written or oral demand by BNPP PB, Inc., Customer shall pay to BNPP PB, Inc. in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account.
Collateral Maintenance, Repayment of Financing. The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement. Customer will at all times maintain in, and upon written or oral demand furnish to, the Accounts, or otherwise provide to the BNPP Entities in a manner satisfactory to the BNPP Entities, assets of the types and in the amounts required by the BNPP Entities in light of outstanding Contracts (“Deliverable Collateral”). Immediately upon written or oral demand by BNPP NY, Customer shall pay to BNPP NY in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account.
Collateral Maintenance, Repayment of Financing. The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement (as defined herein) and such Committed Facility Agreement has not been terminated or the commitment therein has not expired. Customer will at all times maintain in, and upon written (including, without limitation, via electronic mail) demand furnish to, the Accounts, or otherwise provide to the BNPP Entities in a manner satisfactory to the BNPP Entities, assets of the types and in the amounts required by the BNPP Entities in accordance with the terms of the outstanding Contracts (“Deliverable Collateral”) as follows: if the relevant demand is made on or before 11:00 a.m. New York time on any Business Day, Customer shall meet such demand by the close of business on that Business Day; if the relevant demand is made after 11:00 a.m. New York time on any Business Day, Customer shall meet such demand by the close of business on the following Business Day; provided that, it shall not be a breach of this Agreement if (i) the failure to pay or post is caused by an error or omission of an administrative or operational nature, (ii) funds were available for Customer to pay or post, as applicable, when due, (iii) Customer has provided written proof reasonably satisfactory to BNPP PB of (i) and (ii), and (iv) such posting is made by within one (1) Business Day after such payment or posting was originally due. Upon written demand by BNPP PB, Customer shall pay to BNPP PB in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account as follows: if the relevant demand is made on or before 11:00 a.m. New York time on any Business Day, Customer shall meet such demand by the close of business on that Business Day; if the relevant demand is made after 11:00 a.m. New York time on any Business Day, Customer shall meet such demand by the close of business on the following Business Day.
Collateral Maintenance, Repayment of Financing. BNPP NY may, in its sole discretion, from time to time make loans to Customer in amounts as determined by BNPP NY in its sole discretion and on the terms and conditions as set forth herein. Customer will at all times maintain in, and upon written or oral demand furnish to, the Accounts, or otherwise provide to the BNPP Entities, in a manner satisfactory to the BNPP Entities, assets of the types and in the amounts required by the BNPP Entities in light of outstanding Contracts (“Deliverable Collateral”) as set forth in Appendix A attached hereto, which shall be subject to adjustment by BNPP NY at any time in its sole discretion. Loan proceeds, if any, shall be delivered to an account specified by Customer to BNPP NY in writing. Immediately upon written or oral demand by BNPP NY, Customer shall pay to BNPP NY in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account.
Collateral Maintenance, Repayment of Financing. The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement. Customer will at all times maintain in, and upon written or oral demand furnish to, the Accounts, or otherwise provide to the BofA Entities in a manner satisfactory to the BofA Entities, assets of the types and in the amounts required by the BofA Entities in light of outstanding Contracts (“Deliverable Collateral”). Immediately upon written or oral demand by BAL, Customer shall pay to BAL in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account.
Collateral Maintenance, Repayment of Financing. BNPP PB may, in its sole discretion, from time to time make loans to Customer in amounts as determined by BNPP PB in its sole discretion and on the terms and conditions as set forth herein. Customer will at all times maintain in, and upon written or oral demand furnish to, the Accounts, or otherwise provide to the BNPP Entities, in a manner satisfactory to the BNPP Entities, assets of the types and in the amounts required by the BNPP Entities in light of outstanding Contracts (“Deliverable Collateral”) as set forth in Appendix A attached hereto, which shall be subject to adjustment by BNPP PB at any time in its sole discretion. Loan proceeds, if any, shall be delivered to an account specified by Customer to BNPP PB in writing. Immediately upon written or oral demand by BNPP PB, Customer shall pay to BNPP PB in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account.
Collateral Maintenance, Repayment of Financing. The provisions of this Subsection shall apply except to the extent any such provisions contravene the Committed Facility Agreement (as defined herein) and such Committed Facility Agreement has not been terminated or the commitment therein has not expired. Customer will at all times maintain in, and upon written (including, without limitation, via electronic mail) demand furnish to, the Accounts, or otherwise provide to the BNPP Entities in a manner satisfactory to the BNPP Entities. assets of the types and in the amounts required by the BNPP Entities in accordance with the terms of the outstanding Contracts (“Deliverable Collateral”); provided that, it shall not be a breach of this Agreement if (i) the failure to pay or post is caused by an error or omission of an administrative or operational nature. (ii) funds were available for Customer to pay or post, as applicable, when due, (iii) Customer has provided written proof reasonably satisfactory to BNPP PB, Inc. of (i) and (ii), and (iv) such posting is made by within one (1) Business Day after such payment or posting was originally due. Immediately upon written or oral demand by BNPP PB, Inc., Customer shall pay to BNPP PB, Inc. in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account.
Collateral Maintenance, Repayment of Financing. (a) Customer will at all times maintain in, and upon written or oral demand furnish to, the Accounts, or otherwise provide to the BNPP Entities in a manner satisfactory to the BNPP Entities, assets of the types and in the amounts required by the BNPP Entities in light of outstanding Contracts (“Deliverable Collateral”) by (i) 6:00 p.m. New York time on the same Business Day, if the notice of a requirement is sent to Customer on or before 11:00 a.m. New York time on a Business Day or (ii) 6:00 p.m. New York time on the immediately succeeding Business Day if such notice is sent to Counterparty after 11:00 a.m. New York time on a Business Day (the “Timing Requirements”); provided that, it shall not be a breach of this Agreement if any failure to pay or post, as applicable, is caused by an error or omission of an administrative or operational nature and (i) Counterparty is able to provide evidence, in a manner reasonably satisfactory to the BNPP Entities, that funds were available for Counterparty to pay or post, as applicable, when due and (ii) such payment or posting, as applicable, is made by 6:00 p.m. on the first (1st) Business Day after such payment or posting, as applicable, was originally due. Upon written or oral demand by BNPP PB, Customer shall pay to BNPP PB in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account in accordance with the Timing Requirements.
Collateral Maintenance, Repayment of Financing. BNPP NY may, in its sole discretion, from time to time make loans to Customer in amounts as determined by BNPP NY in its sole discretion and on the terms and conditions as set forth herein. Customer will at all times maintain in, and upon written or oral demand furnish to, the Accounts, or otherwise provide to the BNPP Entities, in a manner satisfactory to the BNPP Entities, assets of the types and in the amounts required by the BNPP Entities in light of outstanding Contracts (“Deliverable Collateral”) as set forth in Appendix A attached hereto, which shall be subject to adjustment by BNPP NY at any time in its sole discretion. The relevant Customer agrees that its outstanding debit with BNPP NY may not exceed (a) $650 million, in the case where Alpine Ultra Short Tax Optimized Income Fund is the relevant Customer and (b) $230 million, in the case where Alpine Municipal Money Market Fund is the relevant Customer. Loan proceeds, if any, shall be delivered to an account specified by Customer to BNPP NY in writing. Notwithstanding anything to the contrary herein, any loans shall be made by BNPP NY in its sole discretion and at no time shall BNPP NY be obligated to make any loan to Customer. Immediately upon written or oral demand by BNPP NY, Customer shall pay to BNPP NY in immediately available U.S. funds any principal balance of, accrued unpaid interest on, and any other Obligation owing in respect of, any Account.
