Common use of Loan Disbursements Clause in Contracts

Loan Disbursements. (a) On the Effective Date, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent to each Lender and shall identify the proposed Funding Date, each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan in immediately available funds not later than the times designated in Section 12.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective Date, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent to each Lender and shall identify the proposed Funding Date, each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan in immediately available funds not later than the times designated in Section 12.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower Borrowers such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower Borrowers such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective DatePromptly after receipt of a Notice of Borrowing for a Loan to be made pursuant to Section 2.01, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent but in no event later than one (1) Business Day prior to each Lender and shall identify the proposed Funding DateDate for a Base Rate Loan or two (2) Business Days prior to the proposed Funding Date for a LIBOR Loan, Agent shall notify each Lender of the proposed Borrowing and the Funding Date set forth therein. Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b11.03(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement Borrowing that such Lender does not intend to make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make has made such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative and Agent, in its sole discretion, may, but shall not be obligated to, fund make available to Borrower such Lender’s Pro Rata Share of such disbursementa corresponding amount. If Administrative such corresponding amount is not in fact made available to Agent funds by such Lender on or prior to a Funding Date, such Lender agrees to pay to Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to Borrower until the date such Lender’s Pro Rata Share of such disbursement and if amount is paid or repaid to Agent, at the Federal Funds Rate. If such Lender subsequently pays shall pay to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s 's Pro Rata Share of such disbursementBorrowing. Nothing in this Section 12.3(a) If such Lender shall alter not pay to Agent such corresponding amount after reasonable attempts are made by Agent to collect such amounts from such Lender, Borrower agrees to repay to Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the respective rights and obligations of date such amount is made available to Borrower until the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advancedate such amount is repaid to Agent, at the interest rate applicable thereto.

Loan Disbursements. (a) On the Effective DatePromptly after receipt of a Notice of Borrowing for a Loan to be made pursuant to Section 2.01 hereof, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent but in no event later than one (1) Business Day prior to each Lender and shall identify the proposed Funding DateDate for a Base Rate Loan or two (2) Business Days prior to the proposed Funding Date for a LIBOR Loan, Agent shall notify each Lender of the proposed Borrowing and the Funding Date set forth therein. Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b11.03(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement Borrowing that such Lender does not intend to make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make has made such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative and Agent, in its sole discretion, may, but shall not be obligated to, fund make available to Borrower such Lender’s Pro Rata Share of such disbursementa corresponding amount. If Administrative such corresponding amount is not in fact made available to Agent funds by such Lender on or prior to a Funding Date, such Lender agrees to pay to Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to Borrower until the date such Lender’s Pro Rata Share of such disbursement and if amount is paid or repaid to Agent, at the Federal Funds Rate. If such Lender subsequently pays shall pay to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s 's Pro Rata Share of such disbursementBorrowing. Nothing in this Section 12.3(a) If such Lender shall alter not pay to Agent such corresponding amount after reasonable attempts are made by Agent to collect such amounts from such Lender, Borrower agrees to repay to Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the respective rights and obligations of date such amount is made available to Borrower until the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advancedate such amount is repaid to Agent, at the interest rate applicable thereto.

Loan Disbursements. 11.3.1 Not later than 1:00 P.M. (aEastern time) On on the Effective Datenext Business Day following receipt of a Notice of Borrowing, and following each subsequent request for disbursement from Borrower which request Agent shall be sent send a copy thereof by Administrative Agent facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed Borrowing and the Funding Date, each . Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b)11.3.2. Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement Borrowing that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make has made such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursementBorrowing, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursementBorrowing. If Administrative the amount so funded by Agent funds is not in fact made available to Agent by the responsible Lender, then Borrower agrees to repay to Agent such amount, together with interest thereon at the Base Rate for each day from the date such amount is made available to Borrower until the date such Lenderamount is repaid to Agent, not later than three (3) Business Days following Agent’s Pro Rata Share of demand to Borrower that such disbursement and if repayment be made. In addition, such Lender subsequently pays agrees to Administrative pay to Agent forthwith on demand such corresponding amount, together with interest thereon at the Federal Funds Rate. If such Lender shall pay to Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursementBorrowing, and if both such Lender and Borrower shall have paid and repaid, respectively, such corresponding amount, Agent shall promptly return to Borrower such corresponding amount in same day funds; interest paid by Borrower in respect of such corresponding amount shall be prorated, as of the date of payment thereof by such Lender to Agent. In the event that Agent shall not have funded such Lender’s Pro Rata Share under this Section 11.3.1, then Borrower shall not be obligated to accept a late funding of such Lender’s Pro Rata Share if such funding is made more than two (2) Business Days following the applicable Funding Date. If Borrower declines to accept such delinquent funding, Agent shall promptly return to such Lender the amount of such funding. Nothing in this Section 12.3(a) 11.3.1 shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata AdvanceLoan.

Loan Disbursements. 11.3.1 Not later than 1:00 P.M. (aEastern time) On on the Effective Datenext Business Day following receipt of a Notice of Borrowing, and following each subsequent request for disbursement from Borrower which request Agent shall be sent send a copy thereof by Administrative Agent facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed Borrowing and the Funding Date, each . Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b)SECTION 11.3.2. Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement Borrowing that such Lender does not intend to make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make has made such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s 's Pro Rata Share of such disbursementBorrowing. If Administrative the amount so funded by Agent funds is not in fact made available to Agent by the responsible Lender, then Borrower agrees to repay to Agent such amount, together with interest thereon at the Base Rate for each day from the date such amount is made available to Borrower until the date such Lender’s Pro Rata Share of amount is repaid to Agent, not later than three (3) Business Days following Agent's demand to Borrower that such disbursement and if repayment be made. In addition, such Lender subsequently pays agrees to Administrative pay to Agent forthwith on demand such corresponding amount, together with interest thereon at the Federal Funds Rate. If such Lender shall pay to Agent such corresponding amount, such amount so paid shall constitute such Lender’s 's Pro Rata Share of such disbursementBorrowing, and if both such Lender and Borrower shall have paid and repaid, respectively, such corresponding amount, Agent shall promptly return to Borrower such corresponding amount in same day funds; interest paid by Borrower in respect of such corresponding amount shall be prorated, as of the date of payment thereof by such Lender to Agent. In the event that Agent shall not have funded such Lender's Pro Rata Share under this SECTION 11.3.1, then Borrower shall not be obligated to accept a late funding of such Lender's Pro Rata Share if such funding is made more than two (2) Business Days following the applicable Funding Date. If Borrower declines to accept such delinquent funding, Agent shall promptly return to such Lender the amount of such funding. Nothing in this Section 12.3(a) SECTION 11.3.1 shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata AdvanceLoan.

Loan Disbursements. 11.3.1 Not later than 1:00 p.m. (aPacific Coast time) On on the Effective Datesame Business Day following receipt of a Notice of Borrowing, and following each subsequent request for disbursement from Borrower which request Agent shall be sent send a copy thereof by Administrative Agent facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed Borrowing and the Funding Date. Except with respect to Swing Line Borrowings to be funded by Agent pursuant to Section 2.1.1(b)(ii), each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b)11.3.2. Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement Borrowing that such Lender does not intend to make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make has made such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s 's Pro Rata Share of such disbursementBorrowing; provided, however, that Agent shall first have obtained Borrower's concurrence in such funding by Agent if the same is to be made later than the Funding Date for the subject Borrowing. If Administrative the amount so funded by Agent funds is not in fact made available to Agent by the responsible Lender, then Borrower agrees to repay to Agent such amount, together with interest thereon at the Base Rate for each day from the date such amount is made available to Borrower until the date such Lender’s Pro Rata Share of amount is repaid to Agent, not later than three (3) Business Days following Agent's demand to Borrower that such disbursement and if repayment be made. In addition, such Lender subsequently pays agrees to Administrative pay to Agent forthwith on demand such corresponding amount, together with interest thereon at the Federal Funds Rate. If such Lender shall pay to Agent such corresponding amount, such amount so paid shall constitute such Lender’s 's Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.such

Loan Disbursements. (a) On Not later than the Effective Datenext Business Day following receipt of a Notice of Borrowing, and following each subsequent request for disbursement from Borrower which request Agent shall be sent send a copy thereof by Administrative Agent facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed Borrowing and the Funding Date, each . Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times time designated in Section 12.3(b11.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement Borrowing that such Lender does not intend to make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make has made such amount available to Administrative Agent. If any a Lender (a "Non-Funding Lender") does not notify Administrative Agent of its intention not to make available its to Agent such Lender's Pro Rata Share of such disbursement as described aboveBorrowing, any other Lender (a "Funding Lender") in its sole discretion may, but does shall not for be obligated to, fund to Borrower, all or any reason make available to Administrative Agent part of such Non-Funding Lender’s 's Pro Rata Share of such disbursement, such Borrowing. Such Non-Funding Lender shall pay to Administrative Agent forthwith such Funding Lender on demand the amount so funded by such amountFunding Lender, together with interest thereon at the Federal Funds Rate. In any case where a If such Non-Funding Lender does not for any reason make available to Administrative Agent pays such Funding Lender the amount so funded by such Funding Lender’s , then such amount shall constitute all or part of such Non-Funding Lender's Pro Rata Share of such disbursementBorrowing. If, Administrative Agenthowever, in its sole discretionthe amount so funded by such Funding Lender is not made available to such Funding Lender by the Non-Funding Lender, maythen Borrower agrees to repay such Funding Lender such amount, but shall not be obligated to, fund together with interest thereon at the Base Rate for each day from the date such amount is made available to Borrower until the date such amount is repaid to such Funding Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to both such Non-Funding Lender and Borrower such Lender’s Pro Rata Share of such disbursement shall have paid and if such Lender subsequently pays to Administrative Agent repaid, respectively, such corresponding amount, such Funding Lender shall promptly return to Borrower the refunded amount so in same day funds, together with the interest thereon that Borrower paid shall constitute to such Funding Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a11.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata AdvanceLoan.

Loan Disbursements. (a) On the Effective DateFollowing receipt of a complete Application for Payment, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent shall send a copy thereof by facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed disbursement and the Funding Date, each Date (as such term is defined in Exhibit C attached hereto). Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b11.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a11.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On Not later than the Effective Datenext Business Day following receipt of a Notice of Borrowing, and following each subsequent request for disbursement from Borrower which request Agent shall be sent send a copy thereof by Administrative Agent facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed Borrowing and the Funding Date, each . Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b11.03(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement Borrowing that such Lender does not intend to make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement Borrowing as described above, but does not for any reason make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s 's Pro Rata Share of such disbursementBorrowing. If Administrative Agent funds to Borrower such Lender’s 's Pro Rata Share of such disbursement Borrowing and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s 's Pro Rata Share of such disbursementBorrowing. Nothing in this Section 12.3(a11.03(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata AdvanceLoan.

Loan Disbursements. (a) On the Effective DateFollowing receipt of a complete Application for Advance, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent shall send a copy thereof by facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed disbursement and the Funding Date, each . Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b10.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a10.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective DateFollowing receipt of a complete Application for Payment, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent shall send a copy thereof by facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed disbursement and the Funding Date, each . Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco Eastern time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective DatePromptly following Administrative Agent’s receipt of a complete Application for Payment, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent shall send a copy thereof by facsimile to each other Lender (together with any supporting documents delivered in connection therewith) and shall identify otherwise notify each Lender of the proposed disbursement and the Funding Date, each . Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective Date8.3.1 Following receipt of a complete Notice of Borrowing, and following each subsequent request for disbursement from Borrower which request Agent shall be sent send a copy thereof by Administrative Agent facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed disbursement and the Funding Date, each . Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b)8.3.2. Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) 8.3.1 shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata AdvanceLender.

Loan Disbursements. (a) On the Effective Date, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent to each Lender and shall identify the proposed Funding Date, each Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b10.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco Pacific time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Borrowing Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a10.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective DateA. Following receipt of a complete application for disbursement, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent to shall, by telephone or email, advise each Lender and shall identify of the proposed Funding Date, each amount of the disbursement requested at least five (5) Business Days prior to the date of such disbursement. Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than not later than 2:00 p.m., California time, on the times designated date of the Advance set forth in Section 12.3(bthe notice (each, a “Funding Date”). Any amounts received by Administrative Agent after 2:00 p.m., California time, shall be deemed to have been received on the following Business Day. As used herein, a Business Day is any day which is not a Saturday, Sunday or a bank or public holiday in either the United States or Canada. Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco Los Angeles time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) 12.3.A shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective DateFollowing receipt of a complete Application for Payment, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent shall send a copy thereof by facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed disbursement and the Funding Date, each Date (as such term is defined in Exhibit D attached hereto). Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco Eastern time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective Date, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent to each Lender and shall identify the proposed Funding Date, each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan in immediately available funds not later than the times designated in Section 12.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower Borrowers such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower Borrowers such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective DateFollowing receipt of a complete Application for Payment, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent shall send a copy thereof by facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed disbursement and the Funding Date, each Date (as such term is defined in Exhibit D attached hereto). Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On Each Lender (or, in the Effective Date, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent to each Lender and shall identify the proposed Funding Datecase of any Loan Increase, each Lender Additional Lender) shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s (or Additional Lender’s) Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b10.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco Pacific time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a10.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. (a) On the Effective DatePromptly after receipt of a Notice of Borrowing for a Loan to be made pursuant to Section 2.01 hereof, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent but in no event later than one (1) Business Day prior to each Lender and shall identify the proposed Funding DateDate for a Base Rate Loan or two (2) Business Days prior to the proposed Funding Date for a LIBOR Loan, Agent shall notify each Lender of the proposed Borrowing and the Funding Date set forth therein. Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b11.03(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement borrowing that such Lender lender does not intend to make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make has made such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative and Agent, in its sole discretion, may, but shall not be obligated to, fund make available to Borrower such Lender’s Pro Rata Share of such disbursementa corresponding amount. If Administrative such corresponding amount is not in fact made available to Agent funds by such Lender on or prior to a Funding Date, such Lender agrees to pay to Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available to Borrower until the date such Lender’s Pro Rata Share of such disbursement and if amount is paid or repaid to Agent, at the Federal Funds Rate. If such Lender subsequently pays shall pay to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s 's Pro Rata Share of such disbursementBorrowing. Nothing in this Section 12.3(a) If such Lender shall alter not pay to Agent such corresponding amount after reasonable attempts are made by Agent to collect such amounts from such Lender, Borrower agrees to repay to Agent forthwith on demand such corresponding amount together with interest 84 thereon, for each day from the respective rights and obligations of date such amount is made available to Borrower until the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advancedate such amount is repaid to Agent, at the interest rate applicable thereto.

Loan Disbursements. (a) On Not later than the Effective Datenext Business Day following receipt of a Notice of Borrowing, and following each subsequent request for disbursement from Borrower which request shall be sent by the Administrative Agent shall send a copy thereof by facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed Borrowing and the Funding Date, each . Each Lender shall make available to the Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b11.3(b). Unless the Administrative Agent shall have been notified by any --------------- Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement Borrowing that such Lender does not intend to make available to the Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, the Administrative Agent may assume that such Lender shall make has made such amount available to the Administrative Agent. If In any case where a Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but (a "Non-Funding Lender") does not for any reason make available to the Administrative Agent such Non-Funding Lender’s 's Pro Rata Share of such disbursementBorrowing, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, other Lenders ("Funding Lenders") in its their sole discretion, discretion may, but shall not be obligated to, fund to Borrower such Non-Funding Lender’s 's Pro Rata Share of such disbursementBorrowing. If the amount so funded by Funding Lender is not in fact made available to Funding Lenders by the Non-Funding Lender, then Borrower agrees to repay to Funding Lenders within five (5) Business Days after demand by the Administrative Agent funds such amount, together with interest thereon at the Variable Rate for each day from the date such amount is made available to Borrower until the date such Lender’s Pro Rata Share of amount is repaid to Funding Lenders. In addition, such disbursement and if Non-Funding Lender agrees to pay to Funding Lenders forthwith on demand such corresponding amount, together with interest thereon at the Federal Funds Rate. If Non-Funding Lender subsequently pays shall pay to the Administrative Agent such corresponding amount, such amount so paid shall constitute such Non-Funding Lender’s 's Pro Rata Share of such disbursementBorrowing, and if both such Non-Funding Lender and Borrower shall have paid and repaid, respectively, such corresponding amount, the Administrative Agent shall promptly return to Borrower such corresponding amount in same day funds; interest paid by Borrower in respect of such corresponding amount shall be prorated, as of the date of payment thereof by such Non-Funding Lender to Funding Lenders. Nothing in this Section 12.3(a) 11.3 shall alter the respective rights and obligations of the ------------ parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata AdvanceLoan.

Loan Disbursements. (a) On the Effective DateFollowing receipt of a complete Application for Payment, and following each subsequent request for disbursement from Borrower which request shall be sent by Administrative Agent shall send a copy thereof by facsimile to each other Lender and shall identify otherwise notify each Lender of the proposed disbursement and the Funding Date, each Date (as such term is defined in Exhibit C attached hereto). Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s Pro Rata Share of the Loan such disbursement in immediately available funds not later than the times designated in Section 12.3(b11.3(b). Unless Administrative Agent shall have been notified by any Lender not later than the close of business 2:00 PM (San Francisco Cleveland time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date in respect of any disbursement that such Lender does not intend to make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent may assume that such Lender shall make such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Effective Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s Pro Rata Share of such disbursement. If Administrative Agent funds to Borrower such Lender’s Pro Rata Share of such disbursement and if such Lender subsequently pays to Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a11.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.

Loan Disbursements. 11.3.1 Not later than 1:00 P.M. (aEastern time) On on the Effective next Business Day following receipt of a Notice of Borrowing, Agent shall send a copy thereof by facsimile to each other Lender and shall otherwise notify each Lender of the proposed Borrowing and the Funding Date, and following each subsequent request for disbursement from Borrower which request . Agent shall be sent by Administrative Agent also send a copy of the Compliance Certificate delivered with the Notice of Borrowing to each Lender and shall identify the proposed Funding Date, each which requests a copy of such Compliance Certificate. Each Lender shall make available to Administrative Agent (or the funding bank or entity designated by Administrative Agent), the amount of such Lender’s 's Pro Rata Share of the Loan such Borrowing in immediately available funds not later than the times designated in Section 12.3(b)11.3.2. Unless Administrative Agent shall have been notified by any Lender not later than the close of business (San Francisco time) on the Business Day immediately preceding the Effective Date or any subsequent Funding Date prior to such time for funding in respect of any disbursement Borrowing that such Lender does not intend to make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent may assume that such Lender shall make has made such amount available to Administrative Agent. If any Lender does not notify Administrative Agent of its intention not to make available its Pro Rata Share of such disbursement as described above, but does not for any reason make available to Administrative Agent such Lender’s Pro Rata Share of such disbursement, such Lender shall pay to Administrative Agent forthwith on demand such amount, together with interest thereon at the Federal Funds Rate. In any case where a Lender does not for any reason make available to Administrative Agent such Lender’s 's Pro Rata Share of such disbursementBorrowing, Administrative Agent, in its sole discretion, may, but shall not be obligated to, fund to Borrower such Lender’s 's Pro Rata Share of such disbursementBorrowing. If Administrative the amount so funded by Agent funds is not in fact made available to Agent by the responsible Lender, then Borrower agrees to repay to Agent such amount, together with interest thereon at the Base Rate for each day from the date such amount is made available to Borrower until the date such Lender’s Pro Rata Share of amount is repaid to Agent, not later than three (3) Business Days following Agent's demand to Borrower that such disbursement and if repayment be made. In addition, such Lender subsequently pays agrees to Administrative pay to Agent forthwith on demand such corresponding amount, together with interest thereon at the Federal Funds Rate. If such Lender shall pay to Agent such corresponding amount, such amount so paid shall constitute such Lender’s Pro Rata Share of such disbursement. Nothing in this Section 12.3(a) shall alter the respective rights and obligations of the parties hereunder in respect of a Defaulting Lender or a Non-Pro Rata Advance.such