Borrowing Notice Sample Clauses
POPULAR SAMPLE Copied 5 times
Borrowing Notice. The Borrower shall deliver to the Agent and the Swing Line Lender irrevocable notice (a "Swing Line Borrowing Notice") not later than noon (Chicago time) on the Borrowing Date of each Swing Line Loan, specifying (i) the applicable Borrowing Date (which date shall be a Business Day), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $100,000. The Swing Line Loans shall bear interest at the Floating Rate.
Borrowing Notice. The Administrative Agent shall have received a Borrowing Notice with respect to the Loans to be made on the Closing Date.
Borrowing Notice. In order to borrow a Swing Line Loan, the Borrower shall deliver to the Administrative Agent and the Swing Line Bank an irrevocable Borrowing Notice (a “Swing Line Borrowing Notice”) not later than 1:00 p.m. (New York time) on the date of Borrowing of such Swing Line Loan, specifying (i) the applicable date of Borrowing (which date shall be a Business Day), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $100,000.
Borrowing Notice. The Administrative Agent shall have received a timely Borrowing Notice in accordance with Section 2.02(a).
Borrowing Notice. The Administrative Agent shall have received a Borrowing Notice in accordance with Section 2.01(a)(ii) duly executed and delivered by a Responsible Officer of Borrower, in form and substance satisfactory to the Administrative Agent.
Borrowing Notice. Prior to the making of a Revolving Loan on the Closing Date, the Administrative Agent shall have received a Notice of Borrowing meeting the requirements of Section 2.02(c).
Borrowing Notice. On each Funding Date, on each reduction of Advances Outstanding pursuant to Section 2.4(b) and on each reinvestment of Principal Collections pursuant to Section 2.9(b), the Seller (and the Servicer on its behalf) will provide a Borrowing Notice, updated as of such date, to the Administrative Agent and each Purchaser Agent (with a copy to the Collateral Custodian).
Borrowing Notice. The Administrative Agent shall have received a Borrowing Notice or Letter of Credit Request pursuant to Section 2.4 or Section 3.2, as the case may be.
Borrowing Notice. The Administrative Agent shall have received a Borrowing Notice in accordance with the requirements hereof. Each Borrowing Notice submitted by the Borrower hereunder shall constitute a representation and warranty by the Borrower as of the date thereof that the conditions contained in this Section 5.2 have been satisfied.
Borrowing Notice. Whenever the Borrower desires to obtain a Borrowing (other than by way of Overdraft), it shall give to the:
(a) Agent, in the case of Borrowings under this Credit Facility (other than the Letters of Credit), and
(b) Letter of Credit Lender, with a copy to the Agent, in the case of Borrowings by way of Letters of Credit, prior written notice in the form attached as Schedule 2(A), (B) or (C) as applicable (a “Borrowing Notice”), specifying, as applicable:
(c) the amount, currency and type or types of Accommodation desired including, in the case of a Letter of Credit, the Letter of Credit Lender’s specific required form thereof and the particulars of the related indebtedness;
(d) the Borrower’s Account at the Branch to which payment of the Borrowing is to be made, if applicable;
(e) the Person to whom any Bankers’ Acceptance or Letter of Credit is to be delivered, if applicable;
(f) the requested Borrowing Date;
(g) the term thereof,
(h) if applicable, the Accommodation to be renewed or converted and, where such Accommodation includes any Loan, the currency thereof and the interest rate applicable thereto;
(i) if such Borrowing includes a Loan, whether it is to be a Prime Rate Loan, U.S. Base Rate Loan or a LIBOR Loan; and
(j) if such Borrowing includes a LIBOR Loan, the LIBOR Interest Period to be applicable to such Loan; provided that the application for a Letter of Credit delivered to the Letter of Credit Lender as part of the Credit Documents with respect to such Letter of Credit, to the extent that it includes all of the information required by this Section to be provided to the Letter of Credit Lender with respect thereto, may constitute the Borrowing Notice with respect to such Letter of Credit. The Borrowing Notice shall be given to the relevant party entitled to receive same not later than 10:00 a.m.:
(a) on the Business Day preceding the applicable Borrowing Date if the Accommodation is by way of Prime Rate Loans or U.S. Base Rate Loans and is a new issue or if any such Accommodation to be drawn, converted or rolled over has a Canadian Dollar Amount in the aggregate equal to or greater than One Million Canadian Dollars (Cdn.$1,000,000) and multiples of One Million Canadian Dollars (Cdn.$1,000,000) in excess thereof;
(b) on the Business Day preceding the applicable Borrowing Date if the Accommodation is by way of Bankers’ Acceptances and is a new issue or if any such Accommodation to be drawn, converted or rolled over has a Canadian Dollar Amount in ...