Form of Advance Request Sample Clauses

Form of Advance Request. Whenever Borrower desires an Advance under this Section 2.1(b), Borrower will notify Bank by facsimile transmission, telephone or email no later than 3:00 p.m. Pacific time (12:00 p.m. Pacific time for wire transfers) (A) on the Business Day that the Advance is to be made if the Advance will be a Prime Rate Advance or (B) at least 3 Business Days prior to the day the Advance is to be made if the Advance will be a LIBOR Loan. Each such notification shall be promptly confirmed by a Loan Advance/Paydown Request Form. Bank is authorized to make Advances under this Agreement based upon instructions received from a Responsible Officer or a designee of a Responsible Officer, or without instructions if in Bank’s discretion such Advances are necessary to meet Obligations which have become due and remain unpaid. Bank shall be entitled to rely on any telephonic notice given by a person who Bank reasonably believes to be a Responsible Officer or a designee thereof, and Borrower shall indemnify and hold Bank harmless for any damages or loss suffered by Bank as a result of such reliance. Bank will credit the amount of Advances made under this Section 2.1(b) to such deposit account or Obligation as Borrower specifies.
AutoNDA by SimpleDocs
Form of Advance Request. To: [INSERT] the Facility Agent From: [ ] Date: [ ] We refer to the Agreement. Terms defined in the Agreement have the same meaning in this Advance Request unless given a different meaning in this Advance Request. We wish to borrow a Advance on the following terms:
Form of Advance Request. To: Holder of Variable Pay Revolving Note, Class A-__ [___________________] [___________________] [___________________] Re: Residential Asset Mortgage Products, Inc. Home Equity Loan-Backed Certificates, Series [ ]-[ ] Dear Sirs: Reference is made to the Indenture, dated as of ____________ (the “Indenture”) between Home Equity Loan Trust [ ]-[ ], as Issuer, and ________________, as Indenture Trustee. Capitalized terms used herein that are not otherwise defined shall have the meanings ascribed thereto in Appendix A to the Indenture. All other capitalized terms used herein shall have the meanings specified herein. Pursuant to Section 2.03 of the Indenture, you are hereby requested to make an Advance as follows:
Form of Advance Request. This request (“Advance Request”) is delivered by IMMUNOGENX, INC., a Delaware corporation (“Borrower”), pursuant to Section 2.2 of the Credit Agreement, dated as of October 3, 2022 (as may be amended, supplemented, amended and restated, or modified from time to time, the “Credit Agreement”) between Borrower and MATTRESS LIQUIDATORS, INC., a Colorado corporation, as Lender. Terms used herein, unless otherwise defined herein, shall have the meanings provided in the Credit Agreement. Borrower hereby requests an Advance under the Credit Agreement in the amount of $ to be made available on (“Advance Date”). Lxxxxx is instructed to disburse the proceeds of such Advance into Borrower’s deposit account, Account Number held with [ ]. Borrower herby certifies, represents and warrants to Lender that:
Form of Advance Request. 28 THIS AGREEMENT is made October 11, 1996 BETWEEN
Form of Advance Request. Each Advance Request delivered by Borrower shall constitute Borrower’s representation and warranty to Agent and Lenders that:
Form of Advance Request. To: Q.E.P. Co., Inc Attention: Xxxxx Xxxxx, CEO & Chairman 0000 Xxxxxx Xxxxx Xxxxxxx XX, Xxxxx X Xxxx Xxxxx, XX 00000 Pursuant to the terms and conditions set forth in the Bridge Loan Agreement dated June 18, 2012 (the "Bridge Loan Agreement"), between Imperial Industries, Inc. ("Borrower"), the other Credit Parties thereto, and Q.E.P. Co., Inc. ("Lender"), the undersigned hereby requests a Loan Advance in the amount of $__________________________ in accordance with these instructions. All capitalized terms used herein but not otherwise defined herein shall have the meanings given to them in the Bridge Loan Agreement or in Annex A thereto. This Advance Request is for (specify purpose and amount in reasonable detail): Please make a Loan Advance under the Bridge Loan Agreement as follows (insert wire instructions): Borrower requests that this Advance Request be funded by Lender on ___________________, which is a date at least four (4) Business Days after the date of this Advance Request. To induce the Lender to make the requested Loan Advance, Borrower hereby certifies to the Lender that:
AutoNDA by SimpleDocs

Related to Form of Advance Request

  • Advance Request To obtain a Term Loan Advance, Borrower shall complete, sign and deliver an Advance Request (at least one (1) Business Day before the Closing Date and at least five (5) Business Days before each Advance Date other than the Closing Date) to Agent. The Lenders shall fund the Term Loan Advance in the manner requested by the Advance Request provided that each of the conditions precedent to such Term Loan Advance is satisfied as of the requested Advance Date.

  • Borrowing Request The Administrative Agent shall have received a Borrowing Request in accordance with Section 2.03.

  • Notice of Borrowing The Borrower shall request a Revolving Loan borrowing by written notice (or telephonic notice promptly confirmed in writing) to the Agent not later than 11:00 A.M. (Charlotte, North Carolina time) on the Business Day prior to the date of the requested borrowing in the case of Base Rate Loans, and on the third Business Day prior to the date of the requested borrowing in the case of Eurodollar Loans. Each such request for borrowing shall be irrevocable and shall specify (A) that a Revolving Loan is requested, (B) the date of the requested borrowing (which shall be a Business Day), (C) the aggregate principal amount to be borrowed, and (D) whether the borrowing shall be comprised of Base Rate Loans, Eurodollar Loans or a combination thereof, and if Eurodollar Loans are requested, the Interest Period(s) therefor. If the Borrower shall fail to specify in any such Notice of Borrowing (I) an applicable Interest Period in the case of a Eurodollar Loan, then such notice shall be deemed to be a request for an Interest Period of one month, or (II) the type of Revolving Loan requested, then such notice shall be deemed to be a request for a Base Rate Loan hereunder. The Agent shall give notice to each affected Lender promptly upon receipt of each Notice of Borrowing pursuant to this Section 2.1(b)(i), the contents thereof and each such Lender's share of any borrowing to be made pursuant thereto.

  • Content of Borrowing Requests Each telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02:

  • Borrowing Notice The Borrower shall deliver to the Agent and the Swing Line Lender irrevocable notice (a "Swing Line Borrowing Notice") not later than noon (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 (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $100,000. The Swing Line Loans shall bear interest at the Floating Rate.

  • Borrowing Requests Whenever the Borrower desires to make a ------------------ Borrowing hereunder, it shall give Advance Notice in the form of a Borrowing Request, specifying, subject to the provisions hereof, (i) the aggregate principal amount of the Loans to be made pursuant to such Borrowing, (ii) the date of Borrowing (which shall be a Business Day), (iii) whether the Loans being made pursuant to such Borrowing are to be ABR Loans or Eurodollar Loans, and (iv) in the case of Eurodollar Loans, the Interest Period to be applicable thereto.

Time is Money Join Law Insider Premium to draft better contracts faster.