Common use of Method of Borrowing for Loans Clause in Contracts

Method of Borrowing for Loans. By no later than 11:00 a.m. (a) on the date of the requested borrowing of Loans that will be Base Rate Loans or (b) three Business Days prior to the date of the requested borrowing of Loans that will be Eurodollar Loans, the Borrowers shall submit a written Notice of Borrowing in the form of Exhibit 2.3 to the Agent setting forth (i) the amount requested, (ii) whether such Loans shall accrue interest at the Base Rate or the Adjusted Eurodollar Rate, (iii) with respect to Loans that will be Eurodollar Loans, the Interest Period applicable thereto and (iv) certification that the Borrowers have complied in all respects with Section 5.2.

Appears in 4 contracts

Samples: Day Credit Agreement (Duke Energy Field Services LLC), Day Credit Agreement (Duke Energy Field Services LLC), Credit Agreement (Duke Energy Field Services LLC)

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Method of Borrowing for Loans. By no later than 11:00 a.m. (ai) on the date of the requested borrowing of Loans that will be Base Rate Loans or (bii) three Business Days prior to the date of the requested borrowing of Loans that will be Eurodollar Loans, the Borrowers Borrower shall submit a written Notice of Borrowing in the form of Exhibit 2.3 2.1 to the Agent setting forth (iA) the amount requested, (iiB) whether such Loans shall accrue interest at the Adjusted Base Rate or the Adjusted Eurodollar Rate, (iiiC) with respect to Loans that will be Eurodollar Loans, the Interest Period applicable thereto and (ivD) certification that the Borrowers have Borrower has complied in all respects with Section 5.2.;

Appears in 1 contract

Samples: Credit Agreement (Anchor Holdings Inc)

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