Disbursement of Swing Line Advances Sample Clauses

Disbursement of Swing Line Advances. Upon receiving any executed Request for Swing Line Advance from the Borrower and the satisfaction of the conditions set forth in Section 2.5(c) hereof, Swing Line Lender shall, at its option, make available to the Borrower the amount so requested in Dollars not later than 4:00 p.m. (Detroit time) on the date of such Advance, by credit to an account of the Borrower maintained with the Agent or to such other account or third party as the Borrower may reasonably direct in writing, subject to applicable law, provided such direction is timely given. Swing Line Lender shall promptly notify the Agent of any Swing Line Advance by telephone, telex or telecopier.
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Disbursement of Swing Line Advances. Subject to submission of an executed Request for Swing Line Advance by Company without exceptions noted in the compliance certification therein and to the other terms and conditions hereof, Swing Line Bank shall make available to Company the amount so requested, in same day funds, not later than 4:00 p.m. (Detroit time) on the date of such Swing Line Advance by credit to an account of Company maintained with Swing Line Bank or to such other account or third party as Company may reasonably direct. Swing Line Bank shall promptly notify Agent of any Swing Line Advance by telephone, telex or telecopier.
Disbursement of Swing Line Advances. Subject to submission of an executed Request for Swing Line Advance by Company or a Permitted Borrower without exceptions noted in the compliance certification therein and to the other terms and conditions hereof, Swing Line Bank shall make available to Company or the applicable Permitted Borrower the amount so requested, in like funds and currencies, not later than:
Disbursement of Swing Line Advances. Subject to submission of an executed Request for Swing Line Advance by Borrower without exceptions noted in the compliance certification therein and to the other terms and conditions hereof, Swing Line Lender shall make available to the Borrower the amount so requested, in like funds and currencies, not later than 4:00 p.m. (Detroit time) on the date of such Advance by credit to an account of the Borrower maintained with Agent or to such other account or third party as the Borrower may reasonably direct in writing. Swing Line Lender shall promptly notify Agent of any Swing Line Advance by telephone, telex or telecopier.
Disbursement of Swing Line Advances. Upon receiving any executed Request for Advance from the Borrower and the satisfaction of the conditions set forth in Section 2.3 hereof, Agent may, at its option, make available to Borrower the amount so requested in Dollars on the date of such Advance, by credit to an account of Borrower maintained with Agent or to such other account or third party as the Borrower may reasonably direct in writing, subject to applicable law, provided such direction is timely given.
Disbursement of Swing Line Advances. Unless otherwise notified in writing by Agent promptly following each receipt of a Request for Swing Line Advance hereunder, Swing Line Lender may assume that all conditions precedent to the disbursement of such requested Swing Line Advance have been satisfied, including without limitation that no Default or Event of Default has occurred and is continuing and that the entirety of the Swing Line Maximum Amount less any outstanding Swing Line Advances is available hereunder (provided that Agent shall have no responsibility whatsoever to Swing Line Lender or to any other Lender to give any notice hereunder, except as set forth in Section 12.12 of this Agreement), and subject to the proper submission of an executed Request for Swing Line Advance by Company or a Permitted Borrower without exceptions noted in the compliance certification therein and to the other terms and conditions hereof, Swing Line Lender shall make available to Company or the applicable Permitted Borrower the amount so requested, in like funds and currencies, not later than:
Disbursement of Swing Line Advances. Upon receiving any executed Request for Swing Line Advance from the Administrative Borrower and the satisfaction of the conditions set forth in Section 2.5(c) hereof, Swing Line Lender shall make available to the Borrowers the amount so requested in Dollars not later than 4:00 p.m. (Detroit, Michigan time) on the date of such Advance, by credit to an account of the Administrative Borrower maintained with the Administrative Agent or to such other account or third party as the Administrative Borrower may reasonably direct in writing, subject to applicable law, provided such direction is timely given. Swing Line Lender shall promptly notify the Administrative Agent of any Swing Line Advance by telephone, telex or telecopier.
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Disbursement of Swing Line Advances. Upon receiving any executed Request for Swing Line Advance from Borrower and the satisfaction of the conditions set forth in Section 2.5(c), the Swing Line Lender shall, at its option, make available to Borrower the amount so requested in Dollars not later than 4:00 p.m. (Detroit time) on the date of such Advance, by credit to an account of Borrower or to a third party as Borrower may reasonably direct in writing, subject to applicable law, provided such direction is timely given.
Disbursement of Swing Line Advances. 31 2B.5 Refunding of or Participation Interest in Swing Line Advances . . . . . . . . . . . . . . . . . . . . . . 31 2B.6 Quoted Rate Advance Interest Payments . . . . . . . . . . . . . 32 2B.7 Prime-based Advance Interest Payments . . . . . . . . . . . . . 33 2B.8 Prepayment. . . . . . . . . . . . . . . . . . . . . . . . . . . 33
Disbursement of Swing Line Advances. Prior to 3:00 p.m. (Dallas time) ----------------------------------- on the date of a Swing Line Advance hereunder, the Administrative Agent shall, subject to the satisfaction of the conditions set forth in this Section 2.2 and ----------- in Article 3 hereof, disburse the amounts made available to the Administrative --------- Agent by the Swing Line Lender in like funds by transferring the amounts so made available by wire transfer pursuant to the instructions of the Borrower. Forthwith upon demand by the Swing Line Lender at any time after a Default or Event of Default, and in any event upon the making of the direction specified in Section 8.2 hereof to authorize the Administrative Agent to declare the Loans ----------- due and payable pursuant to the provisions of Section 8.2 hereof, each Lender, ----------- including the Swing Line Lender, notwithstanding the failure of the Borrower at such time to satisfy each condition specified in Article 3 hereof, shall make by --------- 12:00 noon (Dallas time) on the first Business Day following receipt by such Lender of notice from the Swing Line Lender, a Revolving Credit Advance which is a Base Rate Advance in an amount equal to the product of (i) the Commitment Ratio of such Lender times (ii) the aggregate outstanding principal amount of the Swing Line Advances. The proceeds of such Revolving Credit Advances shall be applied by the Administrative Agent to repay the outstanding Swing Line Advances.
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