Making of Advances. If Lender has received a timely request for a Borrowing in accordance with the provisions hereof, and subject to the satisfaction of the applicable terms and conditions set forth herein, Lender shall make the proceeds of such Advance available to Borrower on the applicable Funding Date by transferring immediately available funds equal to such proceeds to Borrower's Designated Account.
Appears in 17 contracts
Sources: Loan and Security Agreement (I Link Inc), Loan and Security Agreement (Special Devices Inc /De), Loan and Security Agreement (Equifin Inc)
Making of Advances. If Lender has received a timely request for a Borrowing in accordance with the provisions hereof, and subject to the satisfaction of the applicable terms and conditions set forth herein, Lender shall make the proceeds of such Advance available to Borrower Borrowers on the applicable Funding Date by transferring immediately available funds equal to such proceeds to Administrative Borrower's Designated Account.
Appears in 13 contracts
Sources: Loan Agreement (Synalloy Corp), Credit Agreement (Cryolife Inc), Loan and Security Agreement (Seitel Inc)
Making of Advances. If Lender has received a timely request for a Borrowing in accordance with the provisions hereof, and subject to the satisfaction or waiver in writing of the applicable terms and conditions set forth herein, Lender shall make the proceeds of such Advance available to Borrower on the applicable Funding Date by transferring immediately available federal funds equal to such proceeds to Borrower's Designated Account.
Appears in 3 contracts
Sources: Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies Inc)
Making of Advances. If Lender has received a timely request for a Borrowing in accordance with the provisions hereof, and subject to the satisfaction of the applicable terms and conditions set forth herein, Lender shall make the proceeds of such Advance available to the applicable Borrower on the applicable Funding Date by transferring immediately available funds equal to such proceeds to Borrower's Designated Account.
Appears in 2 contracts
Sources: Loan and Security Agreement (Majestic Investor Capital Corp), Loan and Security Agreement (Majestic Investor Capital Corp)
Making of Advances. If Lender has received a timely request for a Borrowing in accordance with the provisions hereof, and subject to the satisfaction of the applicable terms and conditions set forth hereinherein or express written waiver by Lender thereof, Lender shall make the proceeds of such Advance available to Borrower on the applicable Funding Date by transferring immediately available funds equal to such proceeds to Borrower's Designated Account.
Appears in 1 contract
Sources: Loan and Security Agreement (MRS Fields Holding Co Inc)