Common use of Funding of Swingline Loans Clause in Contracts

Funding of Swingline Loans. The Swingline Lender shall fund Swingline Loans on the Banking Day following the Banking Day of the Swingline Lender's receipt of the Swingline Borrowing Notice. All funds shall be disbursed directly into an account maintained by Borrower with the Swingline Lender. Borrower agrees that if the Swingline Lender elects to fund any requested Swingline Loan(s) sooner after requested than is required hereunder, the Swingline Lender may nevertheless use the entire response period allowed hereunder upon receipt of any subsequent request, at its sole option.

Appears in 2 contracts

Samples: Loan Agreement (Response Oncology Inc), Loan Agreement (Renal Care Group Inc)

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Funding of Swingline Loans. The Swingline Lender shall fund Swingline Loans on the Banking Business Day following the Banking Business Day of the Swingline Lender's ’s receipt of the Swingline Borrowing Notice. All funds shall be disbursed directly into an account maintained by Borrower the Borrowers with the Swingline Lender. Borrower agrees The Borrowers agree that if the Swingline Lender elects to fund any requested Swingline Loan(s) sooner after requested than is required hereunder, the Swingline Lender may nevertheless use the entire response period allowed hereunder upon receipt of any subsequent request, at its sole option.

Appears in 2 contracts

Samples: Credit Agreement (Protective Life Insurance Co), Credit Agreement (Protective Life Corp)

Funding of Swingline Loans. The Swingline Lender shall fund Swingline Loans on the Banking Business Day following the Banking Business Day of the Swingline Lender's ’s receipt of the Swingline Borrowing Notice. All funds shall be disbursed directly into an account maintained by Borrower with the Swingline Lender. Borrower agrees that if the Swingline Lender elects to fund any requested Swingline Loan(s) sooner after requested than is required hereunder, the Swingline Lender may nevertheless use the entire response period allowed hereunder upon receipt of any subsequent request, at its sole option.

Appears in 2 contracts

Samples: Credit Agreement (Protective Life Corp), Credit Agreement (Protective Life Insurance Co)

Funding of Swingline Loans. The Swingline Lender shall fund Swingline Loans on the Banking Day following the Banking Day of the Swingline Lender's receipt of the Swingline Borrowing Notice. All funds shall be disbursed directly into an account maintained by Borrower with the Swingline Lender. Borrower agrees Borrowers agree that if the Swingline Lender elects to fund any requested Swingline Loan(s) sooner after requested than is required hereunder, the Swingline Lender may nevertheless use the entire response period allowed hereunder upon receipt of any subsequent request, at its sole option.

Appears in 1 contract

Samples: Credit Agreement (Response Oncology Inc)

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Funding of Swingline Loans. The Swingline Lender shall fund Swingline Loans on the Banking Day following the Banking Day of the Swingline Lender's ’s receipt of the Swingline Borrowing Notice. All funds shall be disbursed directly into an account maintained by Borrower with the Swingline Lender. Borrower agrees Borrowers agree that if the Swingline Lender elects to fund any requested Swingline Loan(s) sooner after requested than is required hereunder, the Swingline Lender may nevertheless use the entire response period allowed hereunder upon receipt of any subsequent request, at its sole option.

Appears in 1 contract

Samples: Credit Agreement (Alfa Corp)

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