The Tranche C Fund shall be immediately designated given…
(i) The aggregate money level of most of the Tranche A committed Fund a fantastic (together with every Tranche A loyal Loans to get financed for the recommended go out out of money of your asked Tranche C Financing);
4(b) Investment regarding Tranche C Funds. Through to receipt because of the NationsBank, pretending within its potential because the Management Representative hereunder, out of that loan And you can/Otherwise Interest rate Election Obtain a good Tranche C Loan, NationsBank, pretending in capacity since Tranche C Bank hereunder, should progress the amount of the fresh new Tranche C Mortgage or Money requested for the intended purpose of money the business’s procedures to the a beneficial regular basis in the place of requiring everyday fundings throughout the appropriate Lenders.
Subject to Section cuatro(f) below, this new Management Broker should, through to new thickness away from a conference off Standard and acceleration out-of the Personal debt, consult a refunding hereunder of all the Tranche C Money a great since of these date
4(c) Refunding away from Tranche C Financing because of the Lenders. Tranche C Money is reimbursed by the Lenders so you’re able to NationsBank upon demand off NationsBank from Management Broker, and that request might possibly be produced not frequently than just after each Working day with no faster appear to than weekly (and you can, in any event, on every Wednesday otherwise, if any Wednesday is not a business Time, brand new instantly preceding Working day); provided, not, one to NationsBank should not be needed to demand refundings away from Tranche C Funds hereunder within the aggregate amounts of below $5,000,. Read more “The Tranche C Fund shall be immediately designated given that Tranche An effective The full time Funds toward so when of these refunding day”