Funds Flow Sample Clauses

Funds Flow. The Administrative Agent shall have received a funds flow for the transactions contemplated to occur on the Closing Date.

Funds Flow. The Borrower shall have prepared and delivered to the Administrative Agent a funds flow for the Transactions, in form and substance satisfactory to the Administrative Agent in its sole discretion.

Funds Flow. The Parties shall make Quarterly True-Up payments as set forth in Schedule 2. If Sanofi is the Party owing the Quarterly True-Up payment based on the calculations in the applicable Consolidated Payment Report, it shall, subject to Section 9.12, make such payment to Regeneron within fifteen (15) days after its delivery to Regeneron of such Consolidated Payment Report. If Regeneron is the Party owing the Quarterly True-Up payment based on the calculations in the applicable Consolidated Payment Report, it shall, subject to Section 9.12, make such payment to Sanofi within fifteen (15) days after its receipt of such Consolidated Payment Report from Sanofi. Notwithstanding the foregoing, no later than fifty-five (55) days after the end of each Quarter, Sanofi shall pay Regeneron fifty percent (50%) of the amount of royalties or other amounts payable under any License (to the extent attributable to the Manufacture, Development and/or Commercialization of Licensed Products under the Plans for the Territory) to which Regeneron is a party on account of the Commercialization of Licensed Products in the Field in the Territory and provide such supporting documentation required by such License, as the case may be.

Funds Flow. The Lenders shall have received at least three (3) Business Days prior to the Closing Date a funds flow memorandum, in form and substance reasonably satisfactory to them.

Funds Flow. The Administrative Agent shall have received a funds flow memorandum with respect to the transactions contemplated hereby on the Effective Date in form, scope and substance reasonably satisfactory to the Administrative Agent.

Funds Flow. The Administrative Agent and the Lenders shall have received a Flow of Funds Statement in form and substance acceptable to the Required Lenders.

Funds Flow. The Administrative Agent and the Borrowers shall have agreed on a funds flow memorandum for the Loan.

Funds Flow. The Agent shall have received at least two (2) Business Days prior to the Closing Date (or such shorter time period that is acceptable to the Requisite Holders) a funds flow memorandum, in form and substance reasonably satisfactory to the Requisite Holders.

Funds Flow. (a) Provided that the Facility Agent has received the Funding Amounts from each of the Funding Lenders and (if any) the amounts referred to in paragraph (a) of Clause 6.2 (Conditions precedent to the Second Effective Date) from MGMGP, on the Proposed Second Effective Date the following transactions will be effected in the order set out below: (i) first, each Pre-Closing Transferor shall (without prejudice to any future accession to any Finance Documents by that Pre-Closing Transferor) cease to be a party to the Finance Document in any capacity in accordance with the provisions of Clause 7 (Transfer and Accession procedure) and the register of Lenders will be deemed to be updated from that time to reflect such assignment and assumption; then (ii) the Facility Agent shall remit to each Continuing Lender (or to any other person nominated by such Continuing Lender) its Accrual Amount and its Fee Amount; (iii) the Facility Agent shall remit to each Exiting Lender (or to any other person nominated by such Exiting Lender) its Accrual Amount and its Principal Amount; (iv) each Exiting Lender shall (without prejudice to any future accession to any Finance Document by that Exiting Lender) cease to be a party to the Finance Documents in any capacity in accordance with the provisions of Clause 7 (Transfer and Accession procedure); and (v) simultaneously therewith the following shall be deemed to have concurrently occurred; (A) the First Amended and Restated Credit Agreement shall be amended and restated in the form set out in Schedule 3 (Second Amended and Restated Credit Agreement) and the Parties will be deemed to have signed the Second Amended and Restated Credit Agreement in the capacities in which those Parties are expressed to assume under the Second Amended and Restated Credit Agreement. For the avoidance of doubt, the Exiting Lenders are not party to, and shall not have any liabilities or obligations under, the Second Amended and Restated Credit Agreement, except that the Exiting Lenders shall continue to be entitled to the indemnifications provided under the First Amended and Restated Credit Agreement for the period during which they were Lenders under the First Amended and Restated Credit Agreement; (B) the Facility Agent shall remit to each Continuing Lender that has a negative Adjustment Amount, its Adjustment Amount; and (C) each Continuing Lender will be deemed to have the Revolving Credit Commitments and Term Loan Commitments set out in Schedule 1 (Orig...