Common use of Making the Loans Clause in Contracts

Making the Loans. (a) An Authorized Officer on behalf of the Administrative Borrower, as applicable, shall (I) give the Administrative Agent prior telephonic notice immediately confirmed in writing in substantially the form of Exhibit C hereto (a “Notice of Borrowing”), not later than (i) 12:00 noon (New York City time) on the date which is three (3) applicable Business Days prior to the date of a proposed LIBOR Rate Loan or (ii) 12:00 noon (New York City time) on the date of a proposed Reference Rate Loan on the borrowing date of the proposed Loan). Such Notice of Borrowing shall be irrevocable and shall specify (i) the principal amount of the proposed Loan (which shall be denominated in Dollars), (ii) in the case of Loans requested on the Effective Date, whether such Loan is requested to be a Revolving Loan or the Term Loan, (iii) whether the Loan is requested to be a Reference Rate Loan or a LIBOR Rate Loan and, in the case of any such LIBOR Rate Loan, the initial Interest Period with respect thereto, (iv) the use of the proceeds of such proposed Loan, (v) the proposed borrowing date, which must be an applicable Business Day, and, with respect to the Term Loan BA-1, must be the Amendment No. 35

Appears in 2 contracts

Samples: Financing Agreement (Funko, Inc.), Financing Agreement (Funko, Inc.)

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Making the Loans. (a) An Authorized Officer on behalf of the Administrative Borrower, as applicable, shall (I) give the Administrative Agent prior telephonic notice immediately confirmed in writing in substantially the form of Exhibit C hereto (a “Notice of Borrowing”), not later than (i) 12:00 noon (New York City time) on the date which is three (3) applicable Business Days prior to the date of a proposed LIBOR Rate Loan or (ii) 12:00 noon (New York City time) on the date of a proposed Reference Rate Loan on the borrowing date of the proposed Loan). Such Notice of Borrowing shall be irrevocable and shall specify (i) the principal amount of the proposed Loan (which shall be denominated in Dollars), (ii) in the case of Loans requested on the Effective Date, whether such Loan is requested to be a Revolving Loan or the Term Loan, (iii) whether the Loan is requested to be a Reference Rate Loan or a LIBOR Rate Loan and, in the case of any such LIBOR Rate Loan, the initial Interest Period with respect thereto, (iv) the use of the proceeds of such proposed Loan, (v) the proposed borrowing date, which must be an applicable Business Day, and, with respect to the Term Loan BA-1B, must be the Amendment No. 35be

Appears in 2 contracts

Samples: Financing Agreement (Funko, Inc.), Financing Agreement (Funko, Inc.)

Making the Loans. (a) An Authorized Officer on behalf of the Administrative Borrower, as applicable, shall (I) give the Administrative Agent prior telephonic notice immediately confirmed in writing in substantially the form of Exhibit C hereto (a “Notice of Borrowing”), not later than (i) 12:00 noon (New York City time) on the date which is three (3) applicable Business Days prior to the date of a proposed LIBOR Rate Loan or (ii) 12:00 noon (New York City time) on the date of a proposed Reference Rate Loan on the borrowing date of the proposed Loan). Such Notice of Borrowing shall be irrevocable and shall specify (i) the principal amount of the proposed Loan (which shall be denominated in Dollars), (ii) in the case of Loans requested on the Effective Date, whether such Loan is requested to be a Revolving Loan or the Term Loan, (iii) whether the Loan is requested to be a Reference Rate Loan or a LIBOR Rate Loan and, in the case of any such LIBOR Rate Loan, the initial Interest Period with respect thereto, (iv) the use of the proceeds of such proposed Loan, (v) the proposed borrowing date, which must be an applicable Business Day, and, with respect to the Term Loan BA-1A-1, must be the Amendment No. 355

Appears in 1 contract

Samples: Financing Agreement (Funko, Inc.)

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Making the Loans. (a) An Authorized Officer on behalf of the Administrative Borrower, as applicable, The Borrower shall (I) give the Administrative Agent prior telephonic notice (immediately confirmed in writing writing, in substantially the form of Exhibit C 2.01(b)(ii) hereto (a "Notice of Borrowing")), (i) in the case of a LIBOR Rate Loan, not later than (i) 12:00 noon (New York City time) on the date which that is three (3) applicable 3 Business Days prior to the date of a the proposed LIBOR Rate Loan (or such shorter period as the Administrative Agent is willing, in its sole discretion, to accommodate from time to time), or (ii) in the case of a Reference Rate Loan, not later than 12:00 noon (New York City time) on the date of a proposed Reference Rate Loan on the borrowing date of the proposed LoanLoan (or such shorter period as the Administrative Agent is willing, in its sole discretion, to accommodate from time to time). Such Notice of Borrowing shall be irrevocable and shall specify (iA) the principal amount of the proposed Loan Loan, and (B) the proposed borrowing date, which shall must be denominated in Dollars)a Business Day, (ii) in and, with respect to the case of Loans requested on Term Loan, must be the Effective Date, whether such Loan is requested to be a Revolving Loan or the Term Loan, (iiiC) whether the proposed Loan is requested to be a Reference Rate Loan or a LIBOR Rate Loan andLoan, and (D) in the case of any such a LIBOR Rate Loan, the initial Interest Period with respect to be applicable thereto, (iv) which shall be a period contemplated by the use definition of the proceeds of such proposed Loan, (v) the proposed borrowing date, which must be an applicable Business Day, and, with respect to the Term Loan BA-1, must be the Amendment No. 35term "

Appears in 1 contract

Samples: Financing Agreement (PRG Schultz International Inc)

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