Common use of Non-Receipt of Funds by the Agent Clause in Contracts

Non-Receipt of Funds by the Agent. Unless the Agent shall have been notified by a Bank or the Borrower (the "PAYOR") prior to the date on which the Payor is to make payment to the Agent of (in the case of a Bank) the proceeds of a Loan to be made by such Bank hereunder or (in the case of the Borrower) a payment to the Agent for account of one or more of the Banks hereunder (such payment being herein called the "REQUIRED CREDIT AGREEMENT ----------------

Non-Receipt of Funds by the Agent. Unless the Agent shall have been notified by a Bank or the Borrower (the "PAYORPayor") prior to the date on which the Payor such Bank is to make payment to the Agent of (in the case of a Bank) the proceeds of a Revolving Loan to be made by such Bank it hereunder or (in the case of the Borrower) Borrower is to make a payment to the Agent for the account of one or more of the Banks hereunder Banks, as the case may be (such payment being herein called the "REQUIRED CREDIT AGREEMENT ----------------Required Payment"), which notice shall be effective upon receipt, that the Payor does not intend to make the Required Payment to the

Non-Receipt of Funds by the Agent. Unless the Agent shall have been notified by a Bank or the Borrower (the "PAYORPayor") prior to the date on which the Payor such Bank is to make payment to the Agent of (in the case of a Bank) the proceeds of a Loan to be made by such Bank it hereunder or (in the case of the Borrower) Borrower is to make a payment to the Agent for account of one or more of the Banks hereunder (such payment being herein called the "REQUIRED CREDIT AGREEMENT ----------------account

Non-Receipt of Funds by the Agent. Unless the Agent shall have been notified by a Bank or the Borrower BORROWER (the "PAYORPayor") prior to the date on which the Payor such Bank is to make payment to the Agent of (in the case of a Bank) the proceeds of a Loan to be made by such Bank it hereunder or (in the case of the Borrower) a payment to the Agent for account of one or more of the Banks hereunder (such payment being herein called the "REQUIRED CREDIT AGREEMENT ----------------BORROWER is to

Non-Receipt of Funds by the Agent. Unless the Company or a Bank, as the case may be, notifies the Agent shall have been notified by a Bank or the Borrower (the "PAYOR") prior to the date on which the Payor it is scheduled to make payment to the Agent of (i) in the case of a Bank) , the proceeds of a Loan to be made by such Bank hereunder or (ii) in the case of the Borrower) Company, a payment of principal, interest or fees to the Agent for the account of one or more of the Banks hereunder (Bank, that it does not intend to make such payment, the Agent may assume that such payment being herein called has been made. The Agent may, but shall not be obligated to, make the "REQUIRED CREDIT AGREEMENT ----------------amount of such payment available to the intended recipient in reliance upon

Non-Receipt of Funds by the Agent. Unless the Agent shall have been notified by a Bank or the Borrower (the "PAYOR") Company prior to the date on which the Payor such notifying party is scheduled to make payment to the Agent of (in the case of a Bank) the proceeds of a Loan or a payment under a Letter of Credit to be made by such Bank it hereunder or (in the case of the BorrowerCompany) a payment to the Agent for account of one or more of the Banks hereunder (such payment being herein called the "REQUIRED CREDIT AGREEMENT ----------------Required Payment"), which notice shall be effective upon receipt, that it does not