Common use of Borrowing/Election Notice Clause in Contracts

Borrowing/Election Notice. The Company (on behalf of itself or any Subsidiary Borrower) shall deliver to the Administrative Agent a Borrowing/Election Notice, signed by it, in accordance with the terms of Section 2.7, in order to request an Advance.

Appears in 6 contracts

Samples: Credit Agreement (Steelcase Inc), Credit Agreement (Steelcase Inc), Credit Agreement (Steelcase Inc)

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Borrowing/Election Notice. The Company (on behalf of itself or any the Subsidiary Borrower) shall deliver to the Administrative Agent a Borrowing/Election Notice, signed by it, in accordance with the terms of Section 2.7, in order to request an Advance.

Appears in 4 contracts

Samples: Credit Agreement (Meritor Inc), Credit Agreement (Arvinmeritor Inc), Credit Agreement (Meritor Inc)

Borrowing/Election Notice. The Company (on behalf of itself or any Subsidiary Borrower) shall deliver to the Administrative Agent a Borrowing/Election Notice, signed by it, in accordance with the terms of Section 2.7, in order to request an Advance. The Administrative Agent shall promptly notify each Lender with a Revolving Loan Commitment greater than zero of such request.

Appears in 3 contracts

Samples: Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp), Credit Agreement (Kaydon Corp)

Borrowing/Election Notice. The Company (on behalf of itself or any Subsidiary Borrower) shall deliver to the Administrative Agent a Borrowing/Election Notice, signed by it, in accordance with the terms of Section 2.7. The Administrative Agent shall promptly notify each Revolving Lender with a Revolving Loan Commitment greater than zero of such request. The Company is hereby deemed to have requested, as of the Closing Date, an Advance in order respect of the Term Loans equal to request an Advancethe Aggregate Term Loan Commitment.

Appears in 1 contract

Samples: Credit Agreement (Kaydon Corp)

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Borrowing/Election Notice. The Company (on behalf of itself or any the Subsidiary Borrower) shall deliver to the Administrative Agent a Borrowing/Election Notice, signed by it, in accordance with the terms of Section 2.7, in order to request an Advance.. (C)

Appears in 1 contract

Samples: Credit Agreement (Arvinmeritor Inc)

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