Examples of Revolving LC Disbursement in a sentence
At the time that each ABR Borrowing by the Borrower is made, such Borrowing shall be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Revolving Facility Commitment or that is required to finance the reimbursement of a Revolving L/C Disbursement as contemplated by Section 2.05(e).
The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to such account of the Borrower as is designated by the Borrower in the Borrowing Request; provided that ABR Loans or Eurodollar Loans made to finance the reimbursement of a Revolving L/C Disbursement and reimbursements as provided in Section 2.05(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank.
Such Issuing Bank shall promptly notify the Administrative Agent and the Borrower by telephone (confirmed by telecopy) of such demand for payment and whether such Issuing Bank has made or will make a Revolving L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse such Issuing Bank and the Revolving Facility Lenders with respect to any such Revolving L/C Disbursement.
Such Issuing Bank shall promptly notify the Administrative Agent and the Borrower by telephone (confirmed by facsimile) of such demand for payment and whether such Issuing Bank has made or will make a Revolving L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse such Issuing Bank and the Lenders with respect to any such Revolving L/C Disbursement.
The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to such account of the Borrower as is designated by the Borrower in the Borrowing Request; provided, that ABR Loans or Eurodollar Loans made to finance the reimbursement of a Revolving L/C Disbursement and reimbursements as provided in Section 2.05(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank.
Based on our analysis of the delayed payment regime with this additional information, we obtain the following results: (1) it is optimal for each supplier to work at a slower rate initially and then increase her rate when another supplier completes her task; and (2) the manufacturer prefers the delayed payment regime when the number of suppliers is sufficiently large.
The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to such account of the Borrower as is designated by the Borrower in the Borrowing Request; provided that ABR Loans or Eurodollar Loans made to finance the reimbursement of a Revolving L/C Disbursement and reimbursements as provided in S ection 2.05(e) shall be remitted by the Administrative Agent to the applicable Issuing Bank.
The one service that was provided collaboratively was vital statistics reporting services, and it was provided by both the KHD and the RHD.
Except as otherwise provided herein, at any time, the amount deemed outstanding under each Foreign L/C, and the amount of the Revolving L/C Reimbursement Obligation for any Revolving L/C Disbursement of an Issuing Bank in connection with such Foreign L/C, shall be the U.S. Dollar Equivalent of such Revolving L/C Disbursement, as determined on the most recent Calculation Date.
Such Issuing Bank shall promptly notify the Administrative Agent and the Borrower by telephone (confirmed by facsimile) of such demand for payment and whether such Issuing Bank has made or will make a Revolving L/C Disbursement thereunder; provided, that any failure to give or delay in giving such notice shall not relieve the Borrower of its obligation to reimburse such Issuing Bank and the Revolving Facility Lenders with respect to any such Revolving L/C Disbursement.