Common use of Foreign Currency Borrowings Clause in Contracts

Foreign Currency Borrowings. In order to request a Borrowing consisting of Foreign Currency Revolving Loans, a Borrower shall give the Administrative Agent written or telecopy notice (or telephone notice promptly confirmed in writing or by telecopy) at the Applicable Office, not later than 12:00 noon, Applicable Time, five Business Days before a proposed Borrowing. Any such notice of Borrowing shall be irrevocable and shall be substantially in the form of Exhibit H-2 hereto and shall in each case refer to this Amended Agreement and specify (i) that a Borrowing consisting of Foreign Currency Revolving Loans is requested, (ii) the date of the requested Borrowing (which shall be a Business Day), (iii) the requested Foreign Currency, (iv) the aggregate principal amount requested to be borrowed and (v) the Interest Period(s) therefor. If such Borrower shall fail to specify in any such notice of Borrowing an applicable Interest Period, then such notice shall be deemed to be a request for an Interest Period of one month. The Administrative Agent shall give notice to each Lender promptly upon receipt of each such Notice of Borrowing pursuant to this Section 2.04(b), the contents thereof and the amount equal to each such Lender’s Revolving Credit Commitment of the Borrowing to be made pursuant thereto.

Appears in 1 contract

Samples: Credit Agreement (Robbins & Myers Inc)

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Foreign Currency Borrowings. In order to request a Borrowing consisting of Foreign Currency Revolving Loans, a Borrower shall give the Administrative Agent written or telecopy notice (or telephone notice promptly confirmed in writing or by telecopy) at the Applicable Office, not later than 12:00 noon, Applicable Time, five Business Days before a proposed Borrowing. Any such notice of Borrowing shall be irrevocable and shall be substantially in the form of Exhibit H-2 hereto and shall in each case refer to this Amended Agreement and specify (i) that a Borrowing consisting of Foreign Currency Revolving Loans is requested, (ii) the date of the requested Borrowing (which shall be a Business Day), (iii) the requested Foreign Currency, (iv) the aggregate principal amount requested to be borrowed and (v) the Interest Period(s) therefor. If such Borrower shall fail to specify in any such notice of Borrowing an applicable Interest Period, then such notice shall be deemed to be a request for an Interest Period of one month. The Administrative Agent shall give notice to each Lender promptly upon receipt of each such Notice of Borrowing pursuant to this Section 2.04(b), the contents thereof and the amount equal to each such Lender’s Revolving Credit Commitment of the Borrowing to be made pursuant thereto.

Appears in 1 contract

Samples: Credit Agreement (Robbins & Myers Inc)

Foreign Currency Borrowings. In order to request a Borrowing consisting of Foreign Currency Revolving Loans, a Borrower shall give the Administrative Agent written or telecopy notice (or telephone notice promptly confirmed in writing or by telecopy) at the Applicable Office, not later than 12:00 noon, Applicable Time, five Business Days before a proposed Borrowing. Any such notice of Borrowing shall be irrevocable and shall be substantially in the form of Exhibit H-2 hereto and shall in each case refer to this Amended Agreement and specify (i) that a Borrowing consisting of Foreign Currency Revolving Loans is requested, (ii) the date of the requested Borrowing (which shall be a Business Day), (iii) the requested Foreign Currency, (iv) the aggregate principal amount requested to be borrowed and (v) the Interest Period(s) therefor. If such Borrower shall fail to specify in any such notice of Borrowing an applicable Interest Period, then such notice shall be deemed to be a request for an Interest Period of one month. The Administrative Agent shall give notice to each Lender promptly upon receipt of each such Notice of Borrowing pursuant to this Section 2.04(b), the contents thereof and the amount equal to each such Lender’s 's Revolving Credit Commitment of the Borrowing to be made pursuant thereto.

Appears in 1 contract

Samples: Credit Agreement (Robbins & Myers Inc)

Foreign Currency Borrowings. In order to request a Borrowing consisting of Foreign Currency Revolving Loans, a the Borrower shall give the Administrative Agent written or telecopy notice (or telephone notice promptly confirmed in writing or by telecopy) at the Applicable Office), not later than 12:00 noon, Applicable Eastern Standard Time, five four Business Days before a proposed Borrowing. Any such notice of Borrowing shall be irrevocable and shall be substantially in the form of Exhibit H-2 hereto and shall in each case refer to this Amended Agreement and specify (i) that a Borrowing consisting of Foreign Currency Revolving Loans is requested, (ii) the date of the requested Borrowing (which shall be a Business Day), (iii) the requested Foreign Currency, (iv) the aggregate principal amount requested to be borrowed and (v) the Interest Period(s) therefor. If such the Borrower shall fail to specify in any such notice of Borrowing an applicable Interest Period, then such notice shall be deemed to be a request for an Interest Period of one month. The Administrative Agent shall give notice to each Lender promptly upon receipt of each such Notice of Borrowing pursuant to this Section 2.04(b), the contents thereof and the amount equal to each such Lender’s 's Revolving Credit Commitment of the Borrowing to be made pursuant thereto.

Appears in 1 contract

Samples: Credit Agreement (Robbins & Myers Inc)

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Foreign Currency Borrowings. In order to request a Borrowing consisting of Foreign Currency Revolving Loans, a the Borrower shall give the Administrative Agent written or telecopy notice (or telephone notice promptly confirmed in writing or by telecopy) at the Applicable Office), not later than 12:00 noon, Applicable Eastern Standard Time, five three Business Days before a proposed Borrowing. Any such notice of Borrowing shall be irrevocable and shall be substantially in the form of Exhibit H-2 hereto and shall in each case refer to this Amended Agreement and specify (i) that a Borrowing consisting of Foreign Currency Revolving Loans is requested, (ii) the date of the requested Borrowing (which shall be a Business Day), (iii) the requested Foreign Currency, (iv) the aggregate principal amount requested to be borrowed and (v) the Interest Period(s) therefor. If such the Borrower shall fail to specify in any such notice of Borrowing an applicable Interest Period, then such notice shall be deemed to be a request for an Interest Period of one month. The Administrative Agent shall give notice to each Lender promptly upon receipt of each such Notice of Borrowing pursuant to this Section 2.04(b), the contents thereof and the amount equal to each such Lender’s 's Revolving Credit Commitment of the Borrowing to be made pursuant thereto.

Appears in 1 contract

Samples: Credit Agreement (Robbins & Myers Inc)

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