Common use of Disbursement of Loans Clause in Contracts

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate). The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on the date of such Borrowing as instructed by the Borrower.

Appears in 30 contracts

Samples: Credit Agreement (Umh Properties, Inc.), Credit Agreement (Investors Real Estate Trust), Credit Agreement (Global Medical REIT Inc.)

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Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate). The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower no later than 2:00 p.m. (Chicago time) on the date of such Borrowing as instructed by the Borrower.

Appears in 9 contracts

Samples: Credit Agreement (Consolidated Tomoka Land Co), Credit Agreement (Alpine Income Property Trust, Inc.), Credit Agreement (CTO Realty Growth, Inc.)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date of such Borrowing as instructed by the BorrowerAdministrative Agent’s principal office in Chicago, Illinois.

Appears in 4 contracts

Samples: Credit Agreement (CTS Corp), Credit Agreement (CTS Corp), Credit Agreement (Lincoln Educational Services Corp)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 6 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make promptly deposit the proceeds of each new Borrowing available to into the account of the Borrower on at the date of Administrative Agent's principal office in Chicago, Illinois which is designated for such Borrowing as instructed by the Borrowerpurpose.

Appears in 4 contracts

Samples: Credit Agreement (Hewitt Associates Inc), Credit Agreement (Hewitt Associates Inc), Day Credit Agreement (Hewitt Associates Inc)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender Bank shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date Agent's principal office in Chicago, Illinois (or by wire transfer of such Borrowing as instructed by funds pursuant to the Borrower's written instructions to the Agent).

Appears in 4 contracts

Samples: Credit Agreement (Vision Twenty One Inc), Credit Agreement (Vision Twenty One Inc), Credit Agreement (Sycamore Park Convalescent Hospital)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date of such Borrowing as instructed by the BorrowerAdministrative Agent's principal office in Chicago, Illinois.

Appears in 3 contracts

Samples: Credit Agreement (Check Technology Corp), Credit Agreement (Stake Technology LTD), Credit Agreement (Rent Way Inc)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof3, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date of such Borrowing as instructed by the BorrowerAdministrative Agent’s principal office in Chicago, Illinois.

Appears in 3 contracts

Samples: Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (Limbach Holdings, Inc.), Credit Agreement (Limbach Holdings, Inc.)

Disbursement of Loans. Not later than 1:00 p.m. 12:00 Noon (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date Administrative Agent's principal office in Chicago, Illinois (or by wire transfer of such Borrowing as instructed by funds pursuant to the Borrower's written instructions to the Administrative Agent).

Appears in 3 contracts

Samples: Credit Agreement (Lamson & Sessions Co), Credit Agreement (Lamson & Sessions Co), Credit Agreement (Lamson & Sessions Co)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative ‑11 Agent shall designate). The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on the date of such Borrowing as instructed by the Borrower.

Appears in 2 contracts

Samples: Whitestone Credit Agreement (Pillarstone Capital Reit), Whitestone Credit Agreement (Whitestone REIT)

Disbursement of Loans. Not later than 1:00 2:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date Administrative Agent’s principal office in Chicago, Illinois, in the type of such Borrowing as instructed funds received by the BorrowerAdministrative Agent from the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Penford Corp), Credit Agreement (Penford Corp)

Disbursement of Loans. Not later than 1:00 2:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on either at the date Administrative Agent’s principal office in Chicago, Illinois, or by depositing such proceeds to the credit of such Borrowing as instructed an account designated by the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Unified Western Grocers Inc), Credit Agreement (Unified Western Grocers Inc)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date Administrative Agent's principal office in Chicago, Illinois (or by wire transfer of such Borrowing as instructed by funds pursuant to the Borrower's written instructions to the Administrative Agent).

Appears in 2 contracts

Samples: Credit Agreement (Ios Brands Corp), Credit Agreement (Ios Brands Corp)

Disbursement of Loans. Not later than 1:00 p.m. 12:00 Noon (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date Administrative Agent’s principal office in Chicago, Illinois (or by wire transfer of such Borrowing as instructed by funds pursuant to the Borrower’s written instructions to the Administrative Agent).

Appears in 1 contract

Samples: Credit Agreement (Lamson & Sessions Co)

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Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on at the date Administrative Agent’s principal office in Chicago, Illinois (or by wire transfer of such Borrowing as instructed by funds pursuant to the Borrower’s written instructions to the Administrative Agent).

Appears in 1 contract

Samples: Credit Agreement (FTD Inc)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate). The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on the date of such Borrowing as instructed by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Monmouth Real Estate Investment Corp)

Disbursement of Loans. Not later than 1:00 12:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate). The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower no later than 1:00 p.m. (Chicago time) on the date of such Borrowing as instructed by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Trade Street Residential, Inc.)

Disbursement of Loans. Not later than 1:00 2:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 6 hereof, each U.S. Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the U.S. Borrower on at the date of such Borrowing as instructed by the BorrowerAdministrative Agent's principal office in Chicago, Illinois.

Appears in 1 contract

Samples: Credit Agreement (Penford Corp)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the relevant Borrower on at the date of such Borrowing as instructed by the BorrowerAdministrative Agent's principal office in Chicago, Illinois.

Appears in 1 contract

Samples: Credit Agreement (Racing Champions Corp)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the relevant Borrower on at the date of such Borrowing as instructed by the BorrowerAdministrative Agent’s principal office in Chicago, Illinois.

Appears in 1 contract

Samples: Credit Agreement (Rc2 Corp)

Disbursement of Loans. Not later than 1:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 6 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on the date of such Borrowing as instructed by the Borrowerrequested advance at the Administrative Agent’s principal office in Chicago, Illinois.

Appears in 1 contract

Samples: Credit Agreement (Usfreightways Corp)

Disbursement of Loans. Not later than 1:00 2:00 p.m. (Chicago time) on the date of any requested advance of a new Borrowing, subject to Section 7 hereof, each Lender shall make available its Loan comprising part of such Borrowing in funds immediately available at the principal office of the Administrative Agent in Chicago, Illinois (or at such other location as the Administrative Agent shall designate)Illinois. The Administrative Agent shall make the proceeds of each new Borrowing available to the Borrower on the date of such Borrowing as instructed by wire transfer pursuant to instructions delivered by the BorrowerBorrower to the Administrative Agent or as the Borrower and the Administrative Agent may otherwise agree.

Appears in 1 contract

Samples: Credit Agreement (CalAmp Corp.)

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