Borrowing/Conversion/Continuation Notice Sample Clauses

Borrowing/Conversion/Continuation Notice. The Company shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to each conversion of a Floating Rate Loan (that is not an Alternate Currency Loan) into a Fixed Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 a.m. (New York time) (i) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars, (ii) four (4) Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, and (iii) five (5) Business Days before the date of the requested conversion or continuation with respect to the conversion or continuation of any Alternate Currency Loan (or such other period as may be agreed to by the Administrative Agent), and the applicable Subsidiary Borrower shall give the applicable Alternate Currency Lender irrevocable notice by 11:00 a.m. (local time) three (3) Business Days prior to the conversion or continuation of such Alternate Currency Loan (or such other period as may specified in the applicable Alternate Currency Addendum), specifying: (x) the requested date (which shall be a Business Day) of such conversion or continuation; (y) the amount and Type of the Loan to be converted or continued; and (z) the amount of Eurocurrency Rate Loan(s) or Alternate Currency Loan(s), as applicable, into which such Loan is to be converted or continued, the Agreed Currency or Alternate Currency, as applicable, and the duration of the Interest Period applicable thereto.
AutoNDA by SimpleDocs
Borrowing/Conversion/Continuation Notice. The Borrower shall deliver to the Agent and the Swing Line Bank a Borrowing/Conversion/Continuation Notice, signed by it, not later than 2:00 p.m. (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 which may be the same date as the date the Borrowing/Conversion/Continuation Notice is given), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $200,000. The Swing Line Loans shall at all times be Floating Rate Loans.
Borrowing/Conversion/Continuation Notice. In order to borrow a Swing Line Loan, the Borrower shall deliver to the Administrative Agent and the Swing Line Lender irrevocable notice (a “Swing Line Borrowing Notice”) not later than 12:00 noon (Minneapolis 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.
Borrowing/Conversion/Continuation Notice. The Company shall give the Administrative Agent a Borrowing/Conversion/Continuation Notice with respect to each conversion of an ABR Loan into a Eurocurrency Rate Loan or continuation of a Eurocurrency Rate Loan not later than 11:00 a.m. (New York time) (i) three Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in Dollars and (ii) four Business Days prior to the date of the requested conversion or continuation with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan in an Agreed Currency other than Dollars, specifying: (x) the requested date (which shall be a Business Day) of such conversion or continuation; (y) the amount and Type of the Loan to be converted or continued; and (z) the amount of Eurocurrency Rate Loans into which such Loan is to be converted or continued, the Agreed Currency, and the duration of the Interest Period applicable thereto.
Borrowing/Conversion/Continuation Notice. The Borrower shall deliver to the Administrative Agent a Borrowing/Conversion/Continuation Notice, signed by it, in accordance with the terms of SECTION 2.8. The Administrative Agent shall promptly notify each Lender with a Revolving Loan Commitment greater than zero of such request.
Borrowing/Conversion/Continuation Notice. The Borrower (on behalf of itself or any Subsidiary Borrower) shall deliver to the Agent a Borrowing/Conversion/Continuation Notice, signed by it, in accordance with the terms of Section 2.8. The Agent shall promptly notify each Lender with a Revolving Loan Commitment greater than zero of such request.
Borrowing/Conversion/Continuation Notice. The Borrower shall deliver to the Administrative Agent a Borrowing/Conversion/Continuation Notice, signed by it, on the Closing Date. Such Borrowing/Conversion/Continuation Notice shall specify (i) the aggregate amount of the Tranche A Term Loans and Tranche B Term Loans being requested and (ii) instructions for the disbursement of the proceeds of such Term Loans. The Term Loans shall initially be Floating Rate Loans and thereafter may be continued as Floating Rate Loans or converted into Eurodollar Rate Loans in the manner provided in SECTION 2.10 and subject to the other conditions and limitations therein set forth and set forth in this ARTICLE II. Any Borrowing/Conversion/Continuation Notice given pursuant to this SECTION 2.1(b) shall be irrevocable.
AutoNDA by SimpleDocs
Borrowing/Conversion/Continuation Notice. The Company shall deliver to the Administrative Agent and the Swing Line Bank an executed Notice of Borrowing, not later than 2:00 p.m. (Columbus, Ohio time) on the proposed 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.
Borrowing/Conversion/Continuation Notice. The Borrower shall deliver to the Administrative Agent and the Swing Line Bank a Borrowing/Conversion/Continuation Notice, signed by it, not later than 1:00 p.m. (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 which may be the same date as the date the Borrowing/Conversion/Continuation Notice is given), (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $1,000,000 and (iii) instructions for the disbursement of the proceeds of such Swing Line Loan. The Swing Line Loans shall at all times be Floating Rate Loans. The Administrative Agent shall promptly notify the Swing Line Bank of such request.
Borrowing/Conversion/Continuation Notice. The Borrower shall give the Administrative Agent irrevocable notice, in substantially the form of a Borrowing/Conversion/Continuation Notice, of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. (Chicago time) three Business Days prior to the date of the requested conversion or continuation, specifying: (1) the requested date (which shall be a Business Day) of such conversion or continuation; (2) the amount and Type of the Loan to be converted or continued; and (3) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued and the duration of the Interest Period applicable thereto.
Time is Money Join Law Insider Premium to draft better contracts faster.