Notice of Advances. (i) Upon receipt by Agent from Borrower of a written request for Advance in accordance with Section 5 hereof and Borrower’s satisfaction of the requirements set forth in Section 5 hereof, Agent shall give a written notice (a “Notice of Borrowing”) to each Lender, (which Notice of Borrowing shall be given to each Lender not less than two (2) Business Days prior to the date of the proposed Advance), setting forth: (i) the total amount of the Advance requested by Borrower; (ii) the Borrowing Base received from Borrower supporting such requested Advance; (iii) the amount of all Loans remaining outstanding by each respective Lender; (iv) the outstanding principal balance of the Loan; (v) each such Lender’s Pro Rata Percentage of the requested Advance and (vi) the date on which such Advance is to be made; or
Notice of Advances. The Borrower must deliver a request for an Advance to the Lender to obtain an Advance under the Loan Facility not less than ten (10) Business Days before the proposed Advance Date specifying the principal amount (which must be in a minimum amount of $100,000 and not exceed the amounts specified in Section 3.1 or 3.2, as applicable). In the event the full amount available to be advanced on any Advance Date is not requested to be advanced by the Borrower, there shall be no further right of the Borrower to carry forward any such unrequested amount not so requested to be advanced.
Notice of Advances. (i) Upon receipt by Agent from Borrower of a written request for Advance in accordance with Section 5 hereof and Borrower's satisfaction of the requirements set forth in Section 5 hereof, Agent shall give a written notice (a "NOTICE OF BORROWING") to each Lender, (which Notice of Borrowing shall be given to each Lender not less than two (2) business days prior to the date of the proposed Advance) in the form attached hereto as Exhibit B, setting forth: (i) the total amount of the Advance requested by Borrower; (ii) the aggregate amount of all Loans previously made by each respective Lender; (iii) the outstanding principal balance of the Revolving Loan Component; (iv) the outstanding principal balance of the Term Loan Component; (v) the current Interest Rate as determined in accordance with Section 2.3 hereof; (vi) each such Lender's Pro Rata Percentage of the requested Advance and (vii) the date on which such Advance is to be made; or, at the option of the Agent:
Notice of Advances. Each Borrower shall give the Lender irrevocable written notice, in the form of a Drawdown Notice, of any request for any Drawdown, any Rollover or any Conversion of any Advance under a Credit requested by it. Each Borrower will provide the Lender with at least three (3) Business Days' notice of its request for a FROL Advance, a BA Advance, a Letter of Credit Advance or a LIBOR Advance. In the event a Borrower fails to give three (3) Business Days prior notice to the Lender of a conversion of a Prime Rate Advance to a BA Advance or a FROL Advance, the Lender may decline to accept Bankers' Acceptances or FROL Advances requested within this three (3) Business Day period. Notice shall be given on the day of any Prime Rate Advance, provided however, Prime Rate Advances under Credit A, may be made by way of overdraft in a Borrower's Designated Account, without any notice. Any permanent reduction of a Credit shall only be effective on three (3) Business Days' notice as required by Section 6.2. Notices in respect of the Credits shall be given not later than 10:00 a.m. (Calgary time) on the date for notice. Payments (other than those being made solely from the proceeds of Rollovers and Conversions) must be made prior to 10:00 a.m. (Calgary time) on the date for payment. If a notice or payment is not given or made by those times, it shall be deemed to have been given or made on the next Business Day, unless the Lender agrees, in its sole discretion, to accept a notice or payment at a later time as being effective on the date it is given or made."
Notice of Advances. Upon receipt by Agent from Borrower of a written request for Advance in accordance with Section 5 hereof and Borrower’s satisfaction of the requirements set forth in Section 5 hereof, Agent shall give a written notice (a “Notice of Borrowing”) to each Lender, (which Notice of Borrowing shall be given to each Lender not less than two (2) Business Days prior to the date of the proposed Advance), setting forth: (i) the total amount of the Advance requested by Borrower; (ii) the Borrowing Base Report received from Borrower supporting such requested Advance; (iii) the amount of all Loans remaining outstanding by each respective Lender; (iv) the outstanding principal balance of the Loan; (v) each such Lender’s Pro Rata Percentage of the requested Advance and (vi) the date on which such Advance is to be made; or at its option, the Agent shall provide to each Lender: (A) each month by the close of business on the fifth (5th) Business Day following receipt by Agent from Borrower, but in no event later than the 30th day of the month: (i) a reconciled Borrowing Base Report; and (ii) an updated report showing all remaining unsold Inventory (a “Collateral Data Report”); and (B) by the close of business on the tenth (10th) Business Day following receipt by Agent from Borrower of the Borrowing Base Report and the Collateral Data Report: (i) a summary of all Advances made by Agent during the immediately preceding month (a “Summary of Weekly Advances”), and (ii) a summary report of Advances for the immediately preceding month and a calculation of the net Lender’s Advance required of such Lender with respect to all Advances made during the immediately preceding month (a “Lender Advance Report”).
Notice of Advances. Upon receipt by the Agent from the Borrower of a written request for Advance in accordance with Section 5 hereof and Borrower's satisfaction of the requirements set forth in Section 5 hereof, Agent shall give a written notice (a "Notice of Borrowing") to each Lender, (which Notice of Borrowing shall be given to each Lender not less than two (2) business days prior to the date of the proposed Advance) in the form attached hereto as Exhibit B, setting forth: (i) the total amount of the Advance requested by Borrower; (ii) the aggregate amount of all Loans previously made by each respective Lender; (iii) the current Interest Rate as determined in accordance with Section 2.2 hereof; (iv) each such Lender's Pro Rata Percentage of the requested Advance and (v) the date on which such Advance is to be made.
Notice of Advances under the Loan Agreement, etc. (a) The Company shall give prior written notice to Bear Xxxxxxx of each request for an Additional Advance under Section 2.10 of the Initial Loan Agreement as amended by Amendment No. 1 contemporaneously with making such request to the Facility Lenders. The Company shall give written notice to Bear Xxxxxxx immediately upon either the funding of an Additional Advance (together with such evidence thereof as Bear Xxxxxxx may reasonably request) or the refusal of Facility Lender to fund such Additional Advance, as the case may be.
Notice of Advances. (a) Upon receipt by TFC from Borrower of a written request for an Advance in accordance with Section 5 hereof and Borrower's satisfaction of the requirements set forth in Section 5 hereof, TFC shall give a written notice (a "Notice of Borrowing") to each Lender, (which Notice of Borrowing shall be given to each Lender not less than one (1) business day prior to the date of the proposed Advance) in the form attached hereto as Exhibit O setting forth: (i) the total amount of the Advance requested by Borrower and whether it is a request for an Advance under the Acquisition/Construction Loan Component or under the Revolving Loan Component; (ii) the aggregate amount of all Loans previously made by each respective Lender; (iii) the outstanding principal balance of the Revolving Loan Component; (iv) the outstanding principal balance of the Acquisition/Construction Loan Component; (v) the current applicable Interest Rate as determined in accordance with Section 2.7 hereof; (vi) each such Lender's Pro Rata Percentage of the requested Advance and (vii) the date on which such Advance is to be made; or, at the option of the Agent:
Notice of Advances. In order to request an Advance (including ------------------ but not limited to any Advance to be disbursed on the Closing Date), the Borrower shall give written notice (or telephonic notice promptly confirmed in writing or by facsimile transmission) to the Lender in the form of Exhibit B not later than 8:00 a.m., San Francisco time, on the day of the proposed Advance. Such notice shall be irrevocable and shall in each case refer to this Agreement and specify the date of such Advance (which shall be a Business Day) and the amount thereof.
Notice of Advances. The Issuer may request that an Advance be made by delivering its irrevocable written notice, substantially in the form of Exhibit 2.02 (an "Advance Notice"), to (i) the Class A Noteholder at the address for each applicable Class A Noteholder set forth in the Class A Note Register, and (ii) the Indenture Trustee, in each case, in accordance with Section 10.02. Such notice must be received by the Class A Noteholder prior to 11:00 a.m., New York City time not less than one Business Day prior to the requested Advance Date, which notice shall specify (A) the amount requested to be borrowed by the Issuer from the Class A Noteholder (which amount shall be at least $500,000) and (B) the date of such Advance (which shall be a Business Day).
