US Airways 2008 Annual Report Download - page 255

Funding Date, make available for the account of its Lending Office to the Administrative Agent's Account, in immediately available funds, the amount of its
Commitment. After the Administrative Agent's receipt of such funds and upon fulfillment of the applicable conditions set forth in Article VI as confirmed
during a closing conference call pursuant to which the Administrative Agent or its counsel shall indicate such fulfillment, the Administrative Agent shall
transfer such funds to the escrow account at**.
(b) If for any reason a Closing is not consummated on the Funding Date set forth in the Notice of Borrowing, the Borrower may, by written notice to the
Administrative Agent given by 5:00 p.m., New York City time on the scheduled Funding Date, designate a delayed Funding Date for such Closing, in which
case the Administrative Agent shall hold the funds provided by the Lenders until such delayed Funding Date and use reasonable efforts to invest such funds in
Permitted Investments, as directed by the Borrower, provided, that if such Closing does not occur by the third Business Day after such initial scheduled
Funding Date, such funds shall be returned to the Lenders. The Administrative Agent shall pay to the Borrower upon its request any earnings from such
investments, and the Borrower shall pay to the Administrative Agent upon its request any losses from such investments. If the Closing fails to occur on a
scheduled or delayed Funding Date and the Borrower does not give notice of a delayed Funding Date pursuant to this Section, the Administrative Agent shall
promptly return to the Lenders the amounts funded by them and the Borrower shall pay to the Lenders upon demand **with respect to amounts funded plus,
in the case of failure to close on a delayed Funding Date, interest from and including the initial scheduled Funding Date to but excluding the date on which
such funds are returned by 1:00 p.m. (New York City time) (or, if returned after such time on such date, to but excluding the next Business Day), at a rate per
annum equal to the relevant Interest Rate that would have been applicable thereto had the Closing occurred on the initial scheduled Funding Date. If the
Borrower has designated a delayed Funding Date pursuant to this Section and the Closing occurs on such delayed Funding Date, the Loan shall begin to
accrue interest at the relevant Interest Rate on the date that funds were originally provided by the Lenders to the Administrative Agent to make the Loan
(which shall be deemed to be the commencement date of the initial Interest Period for the Loan); provided, however, if all conditions precedent specified in
Article VI are satisfied in full on or before the initial scheduled Funding Date and the Closing does not occur on the initial scheduled Funding Date solely due
to the failure of the Lenders to fund the Loan pursuant to their respective Commitments hereunder (but the Closing does occur later pursuant to this
Section 1.2(b)), then the Loan shall begin to accrue interest only on the date that the Closing actually occurs (rather than from the initial scheduled Funding
Date).
Section 1.3. **
Section 1.4. Commitment Termination. The Commitment of each Lender shall terminate on the earlier of (i) the making of the Loan pursuant to
Section 1.2(a) above, or (ii) at 5:00 p.m. (New York time) on the Commitment Termination Date.
Section 1.5. [Intentionally omitted.].
Section 1.6. [Intentionally omitted .].
** Confidential Treatment Requested. - 4 -