Common use of Notices; Disbursement Clause in Contracts

Notices; Disbursement. Whenever the Borrower desires a Swingline Borrowing hereunder it shall give irrevocable notice to the Swingline Lender not later than 1:00 p.m. on the date of the requested Swingline Borrowing in the form of a Committed Loan Notice. Subject to satisfaction of the conditions set forth herein, the Swingline Lender shall initiate the transfer of funds representing such Borrowing to the Borrower by 3:00 p.m. on the Business Day specified by the Borrower in the applicable Committed Loan Notice.

Appears in 8 contracts

Samples: Credit Agreement (AMC Networks Inc.), Credit Agreement (AMC Networks Inc.), Credit Agreement (AMC Networks Inc.)

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Notices; Disbursement. Whenever the Borrower Company desires a Swingline Swing Loan Borrowing hereunder it shall give irrevocable notice to the Swingline Swing Loan Lender not later than 1:00 p.m. on the date of the requested Swingline Swing Loan Borrowing in the form of a Committed Loan Notice. Subject to satisfaction of the conditions set forth herein, the Swingline Swing Loan Lender shall initiate the transfer of funds representing such Borrowing to the Borrower Company by 3:00 p.m. on the Business Day specified by the Borrower Company in the applicable Committed Loan Notice.

Appears in 1 contract

Samples: Credit Agreement (CSC Holdings Inc)

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