SECTION 2.06. Bond financing. (a) Each lender shall grant, on the proposed date, any loan to be granted by it under this Agreement by paying the funds immediately available until 12:00 p.m. Chicago time (or, in the case of an application for ABR credit made after 9:18 a.m. Chicago time.m. Chicago time, on the day of a proposed loan, three hours after receipt of the credit application by the administrative officer). on the account of the administrative officer last designated for this purpose through a communication to the lenders; provided that Swingline loans are granted in accordance with section 2.05. .