Common use of Special Advances Clause in Contracts

Special Advances. If a Lender fails to fund its portion of any Borrowing, in whole or part, within three (3) Business Days after the date required hereunder and Administrative Agent shall not have funded the Defaulting Lender’s portion of the Borrowing under Section 2.2(2), Administrative Agent shall so notify the Lenders, and within three (3) Business Days after delivery of such notice, the Non-Defaulting Lenders shall have the right, but not the obligation, in their respective, sole and absolute discretion, to fund all or a portion of such deficiency (the amount so funded by any such Non-Defaulting Lenders being referred to herein as a “Special Advance”)

Special Advances. If a Defaulting Lender fails to fund its portion of any BorrowingAdvance, in whole or part, within three (3) Business Days after the date required hereunder and Administrative Agent shall not have funded the Defaulting Lender’s 's portion of the Borrowing Advance under Section 2.2(22.3(b), Administrative Agent shall so notify the Lenders, and within three (3) Business Days after delivery of such notice, the Nonnon-Defaulting Lenders shall have the right, but not the obligation, in their respective, sole and absolute discretion, to fund all or a portion of such deficiency (the amount so funded by any such Nonnon-Defaulting Lenders being referred to herein as a “"Special Advance”")