Common use of Funding by Xxxxxxx Clause in Contracts

Funding by Xxxxxxx. Each Lender shall make the Term Loan to be made by it hereunder on the Effective Date by wire transfer of immediately available funds by 12:00 pm (noon), New York City time, to the account of the Administrative Agent designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Term Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower designated by the Borrower in the Borrowing Request.

Appears in 1 contract

Samples: Credit Agreement (SatixFy Communications Ltd.)

AutoNDA by SimpleDocs

Funding by Xxxxxxx. Each Lender shall make the Term each Loan to be made by it hereunder on the Effective Date proposed date thereof by wire transfer of immediately available funds by 12:00 pm (noon), New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Term Loans available to the respective Borrower by promptly crediting the amounts so received, in like funds, to an account of maintained with the Borrower Administrative Agent in New York City and designated by the Borrower in the applicable Borrowing Request.

Appears in 1 contract

Samples: Term Loan Agreement (International Paper Co /New/)

Funding by Xxxxxxx. Each Lender shall make the Term each Loan to be made by it hereunder on the Effective a Borrowing Date by wire transfer of immediately available funds by 12:00 pm (noon), New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Term the Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to for deposit into such accounts as are specified in the funds flow direction letter signed by an account Authorized Officer of the Borrower designated by and delivered to the Borrower in the Borrowing RequestAdministrative Agent.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (NextDecade Corp.)

Funding by Xxxxxxx. Each Lender shall make the Term each Loan to be made by it hereunder on the Effective Date proposed date thereof by wire transfer of immediately available funds by 12:00 pm (noon)11:00 a.m., New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will Lenders (except for same-day ABR Borrowings, in which case each Lender shall make such Term Loans its funds available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower designated by the Borrower in the Borrowing Request.Agent not later than 742026061 21680120750959138 21680120

Appears in 1 contract

Samples: Revolving Credit Agreement (Morgan Stanley Direct Lending Fund)

AutoNDA by SimpleDocs

Funding by Xxxxxxx. Each Lender shall make the Term each Loan to be made by it hereunder on the Effective Date proposed date thereof by wire transfer of immediately available funds by 12:00 pm (noon)1:00 p.m., New York City time, to the account of the Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Term Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower designated by the Borrower in the applicable Borrowing Request.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (MONROE CAPITAL Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.