Examples of Borrowing Notice in a sentence
The Administrative Agent shall have received a fully executed Borrowing Notice in accordance with Section 2.02(a) or Section 2.05(b), as applicable.
A Borrowing Notice shall specify: (a) the Borrowing Date, which shall be a XXXXX Business Day, of such Advance, (b) the aggregate amount of such Advance, (c) [reserved], (d) [reserved], and (e) the location and number of the Borrower’s account to which proceeds of the Advance are to be disbursed.
Delivery to the Lender of the Borrowing Notice constitutes the irrevocable request by the Borrower requiring the Lender to disburse the amounts set forth therein in accordance with the terms hereof.
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.
Borrower shall use the proceeds of the Term Loans (a) for general working capital purposes and corporate purposes permitted hereunder, (b) to refinance certain Indebtedness on the Closing Date (including Indebtedness outstanding pursuant to the Existing Credit Facility) and (c) to pay, in accordance with the funds flow attached to the Borrowing Notice, fees, costs and expenses incurred in connection with the Transactions.