OBLIGATION TO ADVANCE FUNDS Sample Clauses

OBLIGATION TO ADVANCE FUNDS. If the requirements of this Clause are satisfied each Lender agrees to advance its participation in the Advance to the Borrower. The Advance will be made on the date specified in the notice of borrowing.
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OBLIGATION TO ADVANCE FUNDS. Subject to the terms and upon the conditions set forth in the Lease Documents, Landlord shall make Lease Advances up to the Maximum Lease Amount.
OBLIGATION TO ADVANCE FUNDS. If the requirements of paragraphs 7.1 to 7.3 are satisfied, each Lender agrees to advance its participation in the Advance to the Borrower identified in the Advance Request. The Advance will be made on the Advance Date specified in the request. If the Advance is not made in full due to a fault of a Lender, then subject to the terms of this Agreement, the relevant Lender agrees to reimburse the Borrower for the reasonable amount of any losses and expenses incurred as a result. If an existing Advance is to be repaid on the Advance Date and the new Advance is in the same currency as such existing Advance, the Agent may apply the participation of a Lender in the new Advance in or towards repayment of its participation in the existing Advance. 7.5
OBLIGATION TO ADVANCE FUNDS. The DIP Agents and Lenders shall have no obligation to make any loan or advance or issue any Letters of Credit or Term Loans under the DIP Facilities unless the conditions precedent to the making of such Term Loan or advance or issuing of such DIP LC under the DIP Financing Documents are satisfied.
OBLIGATION TO ADVANCE FUNDS. If the requirements of paragraphs 6.1 to 6.2 are satisfied, each Lender agrees to advance its participation in the Advance to the Borrower. The Advance will be made on the Advance Date specified in the Advance Request. If the Advance is not made in full due to a fault of a Lender, then subject to the terms of this Agreement, the relevant Lender agrees to reimburse the Borrower for the reasonable amount of any losses and expenses incurred as a result.

Related to OBLIGATION TO ADVANCE FUNDS

  • Agreement to Advance Funds (a) The Investor agrees to advance the amount specified in the Advance Notice to the Company after the completion of each of the following conditions and the other conditions set forth in this Agreement:

  • NO ADVANCE PAYMENT No advance payments shall be made for any products or services furnished by Contractor pursuant to this Master Contract.

  • Conditions to Advances The obligation of Lender to make each Advance hereunder, including the Initial Advance, shall be subject to the prior or simultaneous occurrence or satisfaction of each of the following conditions:

  • Termination; Advance Payments Upon termination of this Lease pursuant to Paragraph 6.2(g) or Paragraph 9, an equitable adjustment shall be made concerning advance Base Rent and any other advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee's Security Deposit as has not been, or is not then required to be, used by Lessor.

  • Cash Advance Fee If you request a Cash Advance, in addition to the Interest Charge which will accrue on the Cash Advance, you agree to pay a fee of three percent (3%) of the amount of the Cash Advance subject to a minimum fee of $10.00.

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • Sharing of Reimbursement Obligation Payments Whenever the Agent receives a payment from the Borrower on account of reimbursement obligations in respect of a Letter of Credit or Credit Support as to which the Agent has previously received for the account of the Letter of Credit Issuer thereof payment from a Lender, the Agent shall promptly pay to such Lender such Lender’s Pro Rata Share of such payment from the Borrower. Each such payment shall be made by the Agent on the next Settlement Date.

  • Conditions Precedent to Advances Notwithstanding any other provision of this Agreement, no Loan proceeds, Revolving Credit Loans, advances or other extensions of credit under the Loan shall be disbursed under this Agreement unless the following conditions have been satisfied or waived immediately before such disbursement:

  • Advance Payments Payments made by the Borrower to satisfy future installments must be accounted for as prepaid installments of principal and interest. The Servicer should contact the Borrower if there is a question about the Borrower's intention in making any unscheduled payment.

  • Disbursement of Advance Proceeds All Advances shall be disbursed from whichever office or other place Agent may designate from time to time and, together with any and all other Obligations of Borrowers to Agent or Lenders, shall be charged to Borrowers’ Account on Agent’s books. During the Term, Borrowers may use the Revolving Advances by borrowing, prepaying and reborrowing, all in accordance with the terms and conditions hereof. The proceeds of each Revolving Advance requested by Borrowing Agent on behalf of any Borrower or deemed to have been requested by any Borrower under Section 2.2(a) hereof shall, with respect to requested Revolving Advances to the extent Lenders make such Revolving Advances, be made available to the applicable Borrower on the day so requested by way of credit to such Borrower’s operating account at PNC, or such other bank as Borrowing Agent may designate following notification to Agent, in immediately available federal funds or other immediately available funds or, with respect to Revolving Advances deemed to have been requested by any Borrower, be disbursed to Agent to be applied to the outstanding Obligations giving rise to such deemed request.

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