Funding of Borrowing. Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 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 Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower in New York City designated by the Borrower in the applicable Borrowing Request. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing (or, in the case of any ABR Borrowing for which notice of such Borrowing has been given by the Borrower on the proposed date of such Borrowing in accordance with Section 2.03, prior to 12:00 Noon, New York City time, on such date) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with this Section 2.04 and may, in reliance upon such assumption and in its sole discretion, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case of such Lender, the greater of the Federal Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation or (ii) in the case of the Borrower, the interest rate applicable to ABR Loans of the applicable Class. If the Borrower and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays such amount to the Administrative Agent, then such amount shall constitute such Lender’s Loan included in such Borrowing.
Funding of Borrowing. (a) Each Lender shall make the Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 12:00 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 Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower maintained with the Administrative Agent in New York City and designated by the Borrower in the Borrowing Request.
Funding of Borrowing. (a) Each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by 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 in an amount equal to such Lender’s pro rata share of the Loan requested pursuant to Section 2.03 (based on the amount of such Lender’s Commitment as a percentage of the aggregate Commitments). The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account designated by the Borrower in the Borrowing Request.
Funding of Borrowing. (a) Each Lender shall make each Loan to be made by it hereunder on the Closing Date by wire transfer of immediately available funds by 10:00 a.m. London time (or such other time as agreed to by the parties hereto) 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 Loans available to Borrower by promptly crediting the amounts so received, in like funds, to an account designated by Borrower in the applicable Borrowing Request.
Funding of Borrowing. (a) Each New Lender shall make each of its New Loans available on the Restatement Effective Date by wire transfer of immediately available funds by 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 New Lenders. The Administrative Agent will make the New Loans available to the Borrower by promptly (but in any event on the same Business Day) crediting from the amounts so received, in like funds, to the accounts designated by the Borrower, an amount for each account specified in the Borrowing Request in compliance with the provisions of this Agreement.
Funding of Borrowing. Subject to the terms and conditions herein, following the receipt of Notice of Borrowing as described in Section 2.2, by no later than 1:00 p.m. Eastern time on the date specified in the Notice of Borrowing, the Lender will make the proceeds of the requested Revolving Loan available to the Borrower by effecting a wire transfer of such amounts to an account designated by the Borrower to the Lender as set forth in the Notice of Borrowing.
Funding of Borrowing. (a) Upon an Exchange Rate Acceptance and release of the Notice of Term Loan Borrowing in accordance with Section 2.3(d), the Administrative Agent shall promptly notify each Lender of the amount of such Lender’s Term Loan in GBP which the Lender is required to make available to the Administrative Agent in accordance with this Section. The GBP amount that each Lender is required to make available to the Administrative Agent shall be each such Lender’s Pro Rata Share of the aggregate Dollar Drawdown Amount converted into GBP at the Agreed Exchange Rate. Each Lender will make available the Term Loan to be made by it hereunder on the proposed date thereof by wire transfer in immediately available funds by 4:00 p.m. (London time) to the Administrative Agent at the Payment Office. Upon receipt of the Term Loans from the Lenders, the Administrative Agent shall exchange the Term Loans into a Dollar amount equal to the Dollar Drawdown Amount that same day by converting the Term Loans into Dollars at the Agreed Exchange Rate. The Administrative Agent will make such Term Loans available to the Borrower by promptly crediting an amount equal to the Dollar Drawdown Amount in Dollars, by the close of business on such proposed date, to an account maintained by the Borrower with the Administrative Agent or at the Borrower’s option, by effecting a wire transfer of such amounts to an account designated by the Borrower to the Administrative Agent.
Funding of Borrowing. On each Borrowing Date, each Lender shall deposit with the Administrative Agent same day funds, at or before 10:00 a.m., Chicago time, in an amount equal to its Funding Percentage of the requested Borrowing. Such deposit shall be made to such account as the Administrative Agent shall specify. After timely receipt of such funds, the Administrative Agent shall, at or before 1:00 p.m., Chicago time, on the Borrowing Date, make such funds available to the Borrower by wire transfer in same day funds to such accounts of the Borrower as the Borrower shall have specified in writing. No Lender's obligation to make any portion of the Loans shall be affected by any other Lender's failure to make any portion of the Loans.
Funding of Borrowing. Subject to the terms and conditions set forth in this Agreement, each Lender shall make the Advance to be made by it hereunder on the Closing Date by wire transfer of immediately available funds by 2:00 P.M. 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 Advance available to the Borrower by promptly crediting the amounts so received, in like funds, to an account maintained in the United States and designated by the Borrower in writing.
Funding of Borrowing. Subject to the terms and conditions herein, the Initial Lender will make available the Term Loan to the Borrower on the Closing Date by promptly crediting the proceeds of the Term Loan by the close of business on such date, to an account maintained by the Borrower with the Initial Lender or at the Borrower’s option, by effecting a wire transfer of such amounts to an account designated by the Borrower to the Initial Lender as set forth in the Notice of Borrowing.
