Notice and Funding Sample Clauses

Notice and Funding. The Administrative Agent shall notify each Lender required to fund a Revolving Credit Borrowing by telecopy, telephone or similar form of transmission of a Credit Request or a Deemed Credit Request not later 2:30 p.m. (Eastern Time) on the date such Credit Request is received in compliance with Section 2.3 of this Agreement or the date such Deemed Credit Request is deemed received. Prior to the later of 4:30 p.m. (Eastern Time) on the requested funding date applicable to each such Credit Request or Deemed Credit Request, each Lender will make available to the Administrative Agent, in Dollars, in immediately available funds, at the account of the Administrative Agent maintained at the Payment Office, such Lender’s Pro Rata Share of the amount of the requested Revolving Credit Borrowing.
Sample 1
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Notice and Funding. On the Closing Date, (i) the Administrative Agent shall use reasonable efforts to notify each Lender required to fund a Revolving Credit Borrowing by telecopy, telephone or similar form of transmission of the Credit Request of the Borrower Representative not later 1:30 p.m. (Cleveland time). Prior to the later of 2:30 p.m. (Cleveland time) on the Closing Date or one hour after such notification from the Administrative Agent, each Lender will make available to the Administrative Agent, in Dollars in immediately available funds, at the account of the Administrative Agent maintained at such Payment Office, such Lender's Pro Rata Share of the amount of the requested Revolving Credit Borrowing of such Lender specified in Annex I. After the Closing Date, the Administrative Agent shall notify each Lender promptly after receipt of a Credit Request or the occurrence of a Deemed Credit Request no later than 12:30 p.m. (Cleveland time) on the date received by telecopy, telephone or similar form of transmission. Before 3:00 p.m. (Cleveland time) on the date of each such Credit Request or Deemed Credit Request, each Lender will make available to the Administrative Agent, in immediately available funds at such account of the Administrative Agent maintained at the Payment Office, such Lender's Pro Rata Share of the Revolving Credit Advances.
Sample 1
Notice and Funding. 6 SECTION 2.03. Participations ..................................................... 8 SECTION 2.04. Repayments of Loans and Terminations of Revolving Credit Commitments 10 SECTION 2.05.
Sample 1
Notice and Funding. (a) Upon receipt of any Notice of Committed Borrowing, the Administrative Agent will determine whether all or any portion of such Borrowing will constitute New Revolving Loans, and, if so, the Administrative Agent shall, using a form of notice substantially in the form of Exhibit A to the DF Escrow Agreement, promptly notify the DF Escrow Agent of the contents of such Notice of Borrowing (but not earlier than concurrently with notifying the Participating Banks of such Notice of Borrowing pursuant to Section 2.04(a) of the Credit Agreement), setting forth in such notice the date of such Borrowing, the amount of such Borrowing that will constitute New Revolving Loans and the Purchase Price, if any, payable by the DF Participants in respect thereof. Each DF Participant hereby confirms his irrevocable and unconditional authorization and instruction to the DF Escrow Agent, upon receipt of any such notice and without the requirement of any notice to or action by such DF Participant, to make available to the Administrative Agent, at its address referred to in Section 7.01, in Federal or other funds immediately available in New York City, from his funds held in the DF Escrow Account, an amount equal to his Percentage Share of such Purchase Price, as provided in the Escrow Agreement. The Administrative Agent undertakes to telephone the DF Escrow Agent (at the telephone number for it provided pursuant to Section 7.01) promptly after sending any notice, advising it that such a notice has been sent, but any failure or delay in doing so, or inability to reach an appropriate individual at the DF Escrow Agent, shall not excuse the obligations of the DF Participants or affect the right of the Administrative Agent to receive such Purchase Price from the DF Escrow Account as contemplated hereby pursuant to the DF Escrow Agreement.
Sample 1

Related to Notice and Funding

  • Manner of Borrowing and Funding Revolver Loans Borrowings under the Commitments established pursuant to Section 1.1 hereof shall be made and funded as follows:

  • Funding Each Lender may, if it so elects, fulfill its obligation to make, continue or convert LIBO Rate Loans hereunder by causing one of its foreign branches or Affiliates (or an international banking facility created by such Lender) to make or maintain such LIBO Rate Loan; provided, however, that such LIBO Rate Loan shall nonetheless be deemed to have been made and to be held by such Lender, and the obligation of the Borrower to repay such LIBO Rate Loan shall nevertheless be to such Lender for the account of such foreign branch, Affiliate or international banking facility. In addition, the Borrower hereby consents and agrees that, for purposes of any determination to be made for purposes of Section 4.1, 4.2, 4.3 or 4.4, it shall be conclusively assumed that each Lender elected to fund all LIBO Rate Loans by purchasing Dollar deposits in its LIBOR Office's interbank eurodollar market.

  • Additional Funding If the General Partner determines that it is in the best interests of the Partnership to provide for additional Partnership funds (“Additional Funds”) for any Partnership purpose, the General Partner may (i) cause the Partnership to obtain such funds from outside borrowings, or (ii) elect to have the General Partner or any of its Affiliates provide such Additional Funds to the Partnership through loans or otherwise.

  • Research Funding Genocea shall pay to Isconova in total [* * *] payable as follows: (i) $[* * *] in equal monthly installments for each remaining month in 2009 following the Effective Date and (ii) $[* * *] in equal monthly installments during the period from January 1, 2010 until March 31, 2012. The Research Funding shall be used solely for the performance of activities under the Research and Phase 1 Supply Plan and the Development and Scale-Up Plan and, for the avoidance of doubt, solely to fund Development and research activities for human (and not veterinary) applications in accordance with such Research and Phase 1 Supply Plan and Development and Scale-Up Plan. Notwithstanding anything to the contrary above, the Parties agree that this restriction shall only apply to the allocation and use of the Research Funding as such, and shall not be construed as limiting or affecting the ownership of any Isconova Technology and Joint Technology created, conceived, reduced to practice or Invented hereunder. Isconova’s ownership and/or rights to the Isconova Technology and Joint Technology shall exclusively be governed by the provisions in Section 3.3. and Isconova’s use of the Isconova Technology and Joint Technology shall be subject only to the licenses granted to Genocea in Sections 3.1.1 through 3.1.3. Isconova shall during the Research Term allocate not less than two (2) dedicated FTEs for Isconova’s research work for Genocea hereunder and each such dedicated FTE shall be paid through Research Funding. During the Research Term, Isconova shall, within fifteen (15) days after the end of each month, deliver to Genocea a report setting forth the number of Isconova FTEs that worked on activities under the Development and Scale-Up Plan and the Research and Phase 1 Supply Plan, as well as other costs and expenses of Isconova evidencing recourses spent on Isconova’s research work hereunder. Researching Funding THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH [* * *] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. payments shall be made within fifteen (15) days after the end of each calendar month.

  • Assumptions Concerning Funding of LIBOR Loans Calculation of all amounts payable to a Lender under this Article shall be made as though such Lender had actually funded LIBOR Loans through the purchase of deposits in the relevant market bearing interest at the rate applicable to such LIBOR Loans in an amount equal to the amount of the LIBOR Loans and having a maturity comparable to the relevant Interest Period; provided, however, that each Lender may fund each of its LIBOR Loans in any manner it sees fit and the foregoing assumption shall be used only for calculation of amounts payable under this Article.

  • Initial Funding The obligation of the Lenders to make the Initial Funding is subject to the receipt by the Agent and the Lenders of all fees payable pursuant to Section 2.04 on or before the Closing Date and the receipt by the Agent of the following documents and satisfaction of the other conditions provided in this Section 6.01, each of which shall be satisfactory to the Agent in form and substance:

  • Assumptions Concerning Funding of LIBOR Rate Loans Calculation of all amounts payable to a Lender under this Section 2.17 and under Section 2.18 shall be made as though such Lender had actually funded each of its relevant LIBOR Rate Loans through the purchase of a LIBOR deposit bearing interest at the rate obtained pursuant to clause (i) of the definition of Adjusted LIBOR Rate in an amount equal to the amount of such LIBOR Rate Loan and having a maturity comparable to the relevant Interest Period and through the transfer of such LIBOR deposit from an offshore office of such Lender to a domestic office of such Lender in the United States of America; provided, however, each Lender may fund each of its LIBOR Rate Loans in any manner it sees fit and the foregoing assumptions shall be utilized only for the purposes of calculating amounts payable under this Section 2.17 and under Section 2.18.

  • Funding Notice Administrative Agent shall have received a fully executed and delivered Funding Notice.

  • Manner of Borrowing and Payment (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders.

  • Funding Notices (a) Whenever the Borrower desires to make a Base Rate Borrowing or a Eurodollar Borrowing under the Commitments (other than one resulting from a continuation or conversion pursuant to Section 3.5(c) or (d)), it shall give the Agent prior written notice (or telephonic notice promptly confirmed in writing) of such Borrowing (a “Notice of Borrowing”), such Notice of Borrowing to be given prior to 11:00 A.M. (New York, New York time) (x) on the Business Day of the requested date of such Borrowing in the case of Base Rate Advances, and (y) 2 Business Days prior to the requested date of such Borrowing in the case of Eurodollar Advances. Notices received after 11:00 A.M. (New York, New York time) shall be deemed received on the next Business Day. Each Notice of Borrowing shall be irrevocable, shall be substantially in the form of Exhibit B, and shall specify (A) the aggregate principal amount of the Borrowing, (B) the date of Borrowing (which shall be a Business Day), and (C) whether the Borrowing is to consist of Base Rate Advances or Eurodollar Advances and, in the case of Eurodollar Advances, the Interest Period to be applicable thereto.

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