Common use of Weekly Settlement Clause in Contracts

Weekly Settlement. (a) In order to minimize the frequency of transfers of funds between the Administrative Agent and each Lender, advances and repayments of Revolving Loans will be settled according to the procedures described in this Section 3.

Appears in 1 contract

Sources: Credit Agreement (All American Semiconductor Inc)

Weekly Settlement. (a) In order to minimize the frequency of transfers of funds between the Administrative Agent and each Lender, advances and repayments of Revolving Loans will be settled according to the procedures described in this Section 3.

Appears in 1 contract

Sources: Credit Agreement (WLR Foods Inc)