Common use of Borrowing Notices Clause in Contracts

Borrowing Notices. As long as Borrower meets the conditions for funding stated in this Agreement, Borrower may submit requests for Loans ("Borrowing Notices") to Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as Agent may require from time to time, provided that all telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the proposed disbursement date for the requested Loan; the Credit Facility from which the Loan is requested; the amount of the Loan; the purpose of the Loan (characterized in accordance with Sections 2.2 and 2.5 above); the type of Loan, i.e., LIBOR Loan or Prime Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate Borrower to accept the Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(b) hereto or such other form as Agent may from time to time require.

Appears in 2 contracts

Samples: Loan Agreement (Seafield Capital Corp), Loan Agreement (Response Oncology Inc)

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Borrowing Notices. As long as Borrower meets the conditions for funding stated in this Agreement, Borrower may submit requests for Loans ("Borrowing Notices") to Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as Agent may require from time to time, provided that all telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the proposed disbursement date for the requested Loan; the Credit Facility from which the Loan is requested; the amount of the Loan; the purpose of the Loan (characterized in accordance with Sections Section 2.2 and 2.5 above); the type of Loan, i.e., LIBOR Loan or Prime Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate Borrower to accept the Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(b2.5.1(b) hereto or such other form as Agent may from time to time require.

Appears in 2 contracts

Samples: Credit Agreement (Protective Life Corp), Credit Agreement (Protective Life Insurance Co)

Borrowing Notices. As long as Borrower meets Borrowers meet the conditions for funding stated in this Agreement, Borrower ALFA, on behalf of the Borrowers, may submit requests for Committed Loans ("Borrowing Notices") to Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as Agent may require from time to time, provided that all telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the proposed disbursement date for the requested Committed Loan; the Credit Facility from which the Loan is requested; the amount of the Committed Loan; the purpose of the Loan (characterized in accordance with Sections 2.2 and 2.5 Section 2.4 above); the type of Committed Loan, i.e., LIBOR Loan or Prime Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate Borrower Borrowers to accept the Committed Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(bSchedule 2.7.1(b) hereto or such other form as Agent may from time to time require.

Appears in 1 contract

Samples: Credit Agreement (Alfa Corp)

Borrowing Notices. As long as Borrower meets the Borrowers meet the conditions for funding stated in this Agreement, Borrower the Borrowers may submit requests for Loans ("Borrowing Notices") to Administrative Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as Administrative Agent may require from time to time, provided that all telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the portion of the Loan to be borrowed by PLICO (if any); the proposed disbursement date for the requested Loan; the Credit Facility from which the Loan is requested; the amount of the Loan; the purpose of the Loan (characterized in accordance with Sections Section 2.2 and 2.5 above); the type of Loan, i.e., LIBOR Loan or Prime Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate Borrower the Borrowers to accept the Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(b2.5.1(b) hereto or such other form as Administrative Agent may from time to time require.

Appears in 1 contract

Samples: Credit Agreement (Protective Life Corp)

Borrowing Notices. As long as the Borrower meets the conditions for funding stated in this Agreement, the Borrower may submit requests for Loans ("Borrowing Notices") to the Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as the Agent may require from time to time, time (provided that all such telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the proposed disbursement date for the requested Loan; the Credit Facility from which the Loan is requested; the amount of the Loan; the purpose of the Loan (characterized in accordance with Sections Section 2.2 and 2.5 above); the type of Loan, i.e., LIBOR Loan or Prime Base Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate the Borrower to accept the Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(b2.5.l(b) hereto or such other form as the Agent may from time to time reasonably require.

Appears in 1 contract

Samples: Security Agreement (Renal Care Group Inc)

Borrowing Notices. As long as Borrower meets Borrowers meet the conditions for funding stated in this Agreement, Borrower BAM, on behalf of the Borrowers, may submit requests for Committed Loans ("Borrowing Notices") to Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as Agent may require from time to time, provided that all telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the proposed disbursement date for the requested Committed Loan; the Credit Facility from which the Loan is requested; the amount of the Committed Loan; the purpose of the Committed Loan (characterized in accordance with Sections Section 2.2 and 2.5 above); the type of Committed Loan, i.e., LIBOR Loan or Prime Base Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate Borrower Borrowers to accept the Committed Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(bSchedule 2.5.1(b) hereto or such other form as Agent may from time to time require.

Appears in 1 contract

Samples: Credit Agreement (Books a Million Inc)

Borrowing Notices. As long as Borrower meets the Borrowers meet the conditions for funding stated in this Agreement, Borrower the Borrowers may submit requests for Loans ("Borrowing Notices") to Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as Agent may require from time to time, provided that all telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the portion of the Loan to be borrowed by PLICO (if any); the proposed disbursement date for the requested Loan; the Credit Facility from which the Loan is requested; the amount of the Loan; the purpose of the Loan (characterized in accordance with Sections Section 2.2 and 2.5 above); the type of Loan, i.e., LIBOR Loan or Prime Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate Borrower the Borrowers to accept the Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(b2.5.1(b) hereto or such other form as Agent may from time to time require.

Appears in 1 contract

Samples: Credit Agreement (Protective Life Insurance Co)

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Borrowing Notices. As long as Borrower meets Borrowers meet the conditions for funding stated in this Agreement, Borrower Response, on behalf of the Borrowers, may submit requests for Loans ("Borrowing Notices") to Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as Agent may require from time to time, provided that all telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the proposed disbursement date for the requested Loan; the Credit Facility from which the Loan is requested; the amount of the Loan; the purpose of the Loan (characterized in accordance with Sections Section 2.2 and 2.5 above); the type of Loan, i.e., LIBOR Loan or Prime Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate Borrower Borrowers to accept the Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(b2.5.1(b) hereto or such other form as Agent may from time to time require.

Appears in 1 contract

Samples: Credit Agreement (Response Oncology Inc)

Borrowing Notices. As long as the Borrower meets the conditions for funding stated in this Agreement, the Borrower may submit requests for Revolving Credit Loans ("Borrowing Notices") to the Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as the Agent may require from time to time, time (provided that all such telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the proposed disbursement date for the requested Revolving Credit Loan; the Credit Facility from which the Loan is requested; the amount of the Revolving Credit Loan; the purpose of the Revolving Credit Loan (characterized in accordance with Sections Section 2.2 and 2.5 above); the type of Revolving Credit Loan, i.e., LIBOR Loan or Prime Base Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate the Borrower to accept the Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(b2.5.l(b) hereto or such other form as the Agent may from time to time reasonably require.

Appears in 1 contract

Samples: Security Agreement (Renal Care Group Inc)

Borrowing Notices. As long as Borrower meets the conditions for funding stated in this Agreement, Borrower may submit requests for Loans ("Borrowing Notices") to Agent. All requests shall be made in writing (or by telephone, subject to such security procedures as Agent may require from time to time, provided that all telephonic notices shall be confirmed by written Borrowing Notices within one (1) Business Day) and shall specify the proposed disbursement date for the requested Loan; the Credit Facility from which the Loan is requested; the amount of the Loan; the purpose of the Loan (characterized in accordance with Sections Section 2.2 and 2.5 above); the type of Loan, i.e., LIBOR Loan or Prime Rate Loan; and if a LIBOR Loan, the designated Interest Period. Each Borrowing Notice shall irrevocably obligate Borrower to accept the Loan requested thereby. Borrowing Notices shall be in the form of Exhibit 2.8.1(b2.5.1(b) hereto or such other form as Agent may from time to time require.

Appears in 1 contract

Samples: Loan Agreement (Response Oncology Inc)

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