Payments to Other Creditors. If Administrative Agent becomes obligated to reimburse or pay to any creditor of Borrower any amount in order to (i) obtain a release of such creditor's Security Interest in any of the Collateral, other than Permitted Security Interests, or (ii) otherwise satisfy an Obligation of Borrower to such creditor to the extent not indefeasibly satisfied by the initial Advances, then Administrative Agent shall have the right (but shall have no obligation) to make Advances for that purpose. Administrative Agent may select the Advance Date for any such Advance, but such Advance Date may only be a Business Day. Administrative Agent will give notice to Borrower after any such Advance is made.
Payments to Other Creditors. Subject to Section 19.1, if Administrative Agents become obligated to reimburse or pay to any creditor of Reseller any amount to obtain a release of such creditor’s Security Interest in any of the Collateral, other than Permitted Security Interests, then Administrative Agents shall have the right (but shall have no obligation) to make Advances for that purpose. Administrative Agents may select the Advance Date for any such Advance, but such Advance Date may only be a Business Day.
Payments to Other Creditors. If Administrative Agent becomes obligated to reimburse or pay to any creditor of Borrower any amount in order to (i) obtain a release of such creditor's Security Interest in any of the Collateral, or (ii) otherwise satisfy an Obligation of Borrower to such creditor to the extent not indefeasibly satisfied by the initial Advance, and (a) an Event of Default has occurred and is continuing and (b) there is not a good faith dispute as to the obligation to such creditor, or there is a good faith dispute and Borrower has failed to establish appropriate reserves adequate to pay such items in accordance with GAAP, then Administrative Agent shall have the right to make Revolving Loan Advances for that purpose. Administrative Agent may select the Advance Date for any such Advance, but such Advance Date may only be a Business Day. Administrative Agent will give notice to Borrower after any such Revolving Loan Advance is made. Any such Revolving Loan Advance will be a Base Rate Advance.
Payments to Other Creditors. If Administrative Agent becomes obligated to reimburse or pay to any creditor of Borrower any amount in order to (i) obtain a release of such creditor's Security Interest in any of the Collateral, other than Permitted Security Interests, or (ii) otherwise satisfy an Obligation of Borrower to such creditor to the extent not indefeasibly satisfied by the initial Advances, then Administrative Agent shall have the right (but shall have no obligation) to make Advances for that purpose. Administrative Agent may select the Advance Date for any such Advance, but such Advance Date may only be a Business Day. Administrative Agent will use reasonable efforts to give prompt notice to Borrower after any such Advance is made but failure to give such notice shall not give rise to any liability on the part of Administrative Agent or any Lender; provided, however, upon the occurrence and during the continuance of an Event of Default no such notice shall be required.
Payments to Other Creditors. If Lender is obligated to reimburse or pay to any creditor of Borrower any amount in order to (i) obtain a release of such creditor's Security Interest in any of the Collateral, or (ii) otherwise satisfy Borrower's obligations to such creditor to the extent not irrevocably satisfied by the initial Advance, then Lender may make Advances for that purpose. Any such Advance will be an Alternate Base Rate Tranche.
Payments to Other Creditors. . . .7 8.8. Letters of Credit. . . . . . . . . . . . . . . . .7 8.9. Amount, Number, and Purpose Restrictions on Advances . . . . . . . . . . . . . . . . . . . .8 8.10. Each Request for a Advance a Certification . . . .8 8.11. Requirements for Every Request for an Advance. . .8
Payments to Other Creditors. 8 6.3. Disbursement.. . . . . . . . . . . . . . . . . . . . . . . 8 6.4. Restrictions on Advances.. . . . . . . . . . . . . . . . . 8 6.5.
Payments to Other Creditors. If Lender becomes obligated to reimburse or pay to any creditor of Borrower any amount in order to satisfy an Obligation of Borrower to such creditor to the extent not indefeasibly satisfied by the initial Advances, then Lender shall have the right to make Revolving Loan Advances for that purpose. Lender may select the Advance Date for any such Advance, but such Advance Date may only be a Business Day. Lender will give notice to Borrower after any such Revolving Loan Advance is made. Any such Revolving Loan Advance will be a Prime Rate Advance.
Payments to Other Creditors. 17 7.3. LETTERS OF CREDIT......................................................... 17 7.4. FUNDINGS.................................................................. 17 7.4.1. REVOLVING ADVANCES................................................... 17 7.4.2. DRAWS ON LETTERS OF CREDIT........................................... 17 7.4.3. ALL FUNDINGS RATABLE................................................. 18 7.5. ADMINISTRATIVE AGENT'S AVAILABILITY ASSUMPTION............................ 18 7.5.1.
Payments to Other Creditors. The Rab-al-Maal irrevocably undertakes and agrees that:
