Notice of Advances and Payments Sample Clauses

Notice of Advances and Payments. (a) The Borrower shall give the Agent irrevocable written notice, in the form attached as Schedule 6.5(a), of any request for any Advance to them. The Borrower shall also give the Agent irrevocable written notice in the same form of any payment by it of any Advance (whether resulting from repayment, prepayment, rollover or conversion).
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Notice of Advances and Payments. The Borrower shall give the Agent irrevocable written notice, in the form attached as Schedule A to this Agreement, of any request for any Advance to it under the Credits. The Borrower shall also give the Agent irrevocable written notice in the same form of any payment by it (whether resulting from repayment, prepayment, rollover or conversion) of any Advance under the Credits. Notice shall be given on or before the third Business Day (but not earlier than the fifth Business Day) prior to the date of any Advance or payment, except that notice shall be given in respect of an Advance by way of L/C at such earlier time as the Issuing Bank may reasonably require so that it has sufficient time to review the proposed form of L/C, and except that notice in respect of a Prime Rate Advance, Base Rate Advance or payment thereof may be given on the Business Day before any such Advance or payment. Any cancellation of part or all of any Credit shall only be effective on three Business Days' notice as required by Section 5.7. Notices shall be given not later than 1:00 p.m. (Toronto 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 1:00 p.m. (Toronto 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 all Lenders affected by the late notice or payment agree, in their 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 and Payments. (1) The Borrower shall give the Agent irrevocable written notice, in the form of Schedule A, of any request for any Advance to it under the Credit (other than for any Advance under the Swingline Availability). The Borrower shall also give the Agent irrevocable written notice in the same form of any payment by it (whether resulting from a repayment, prepayment, rollover or conversion of any Advance under the Credit and each such payment shall be for an amount no less than, as applicable, Cdn. $1,000,000 or U.S. $1,000,000 or the aggregate amount of the Advances outstanding, whichever is less.
Notice of Advances and Payments. A Borrower shall give the Agent irrevocable written notice, in the form attached as Schedule A to this Agreement, of any request for any Advance to it under the Credits. A Borrower shall also give the Agent irrevocable written notice in the same form of any payment (whether resulting from repayment or prepayment), rollover or conversion by it of any Advance under the Credits. Notice shall be given on the third Business Day prior to the date of any Advance, payment, rollover or conversion, except that notice shall be given in respect of an Advance by way of L/C at such earlier time as the Issuing Bank may reasonably require so that it has sufficient time to review the proposed form of L/C, and except that notice in respect of a Prime Rate Advance, Base Rate (US) Advance or payment thereof may be given on the Business Day before any such Advance or payment. Any permanent reduction of any Credit shall only be effective on three Business Days' notice as required by Section 8.7. Notices shall be given not later than 1:00 p.m. (local time in the relevant office of the Agent) on the date for notice. Payments must be made prior to 1:00 p.m. (local time in the relevant office of the Agent) 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 all Lenders affected by the late notice or payment agree, in their 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 and Payments. (1) The Borrower shall give the Agent irrevocable written notice, in the form of Schedule A, of any request for any Advance to it under the Credit (other than for any Advance under the Swingline Availability). The Borrower shall also give the Agent irrevocable written notice in the same form of any payment by it (whether resulting from a repayment, prepayment, rollover or conversion of any Advance under the Credit) and each such payment shall be for an amount no less than, as applicable, Cdn. $5,000,000 or U.S. $5,000,000 or the aggregate amount of the Advances outstanding, whichever is less.
Notice of Advances and Payments. (a) Other than in respect of an Overdraft Availment, each Borrower shall give the Agent irrevocable written notice, in the form attached as Schedule H to this Agreement, of any request for an Advance under the Credit. Each Borrower shall also give the Agent irrevocable written notice of any repayment (other than a mandatory repayment) or prepayment of any Advance under the Credit.
Notice of Advances and Payments. The Borrower shall give the Lender irrevocable written notice, in the form attached as Schedule A, of any request for any Advance to it under the Credit. The Borrower shall also give the Lender irrevocable written notice of any payment by it (whether resulting from repayment, prepayment, renewal, rollover or conversion) of any Advance under the Credit. Notice shall be given no later than the Business Day of the Advance for any Prime Rate Advance or Base Rate Advance, the second Business Day before any Advance by way of Bankers’ Acceptances, the third Business Day before the date of any LIBOR Advance and, in respect of an Advance by way of L/C, at such time as the Lender may reasonably require so that it has sufficient time to review the proposed form of L/C. Notice shall be given no later than the third Business Day before any repayment. Notices shall be given not later than 11:00 a.m. (Toronto time) on the date for notice. Payments (other than those being made solely from the proceeds of renewals, rollovers and conversions) must be made before 11:00 a.m. (Toronto 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.
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Notice of Advances and Payments. (1) The Borrower shall give the Agent irrevocable notice, in the form attached as Schedule K, of any request for any Advance to it (excluding Advances under the Swingline Credit which are made in accordance with Section 9.6(2)). The Borrower shall also give the Agent irrevocable notice in the same form of any payment by it of any Advance under the Credits (whether resulting from repayment, prepayment, rollover or conversion), other than payment of an Advance under the Swingline Credit, which for greater certainty, requires no repayment notice.
Notice of Advances and Payments. (1) The Borrower shall give the Agent irrevocable written notice, in the form of Schedule A, of any request for any Advance to it under the Credits (other than for any Advance under the Swingline Availability). The Borrower shall also give the Agent irrevocable written notice in the same form of any payment by it (whether resulting from a repayment, prepayment, rollover or conversion, but not if resulting from repayment of an Advance on a scheduled repayment date that is not to be subject to a rollover or conversion) of any Advance under a Credit and each such payment shall be for an amount no less than, as applicable, Cdn. $5,000,000 or US $5,000,000 or the aggregate amount of the Advances outstanding, whichever is less.
Notice of Advances and Payments. (1) The Borrower shall give the Agent irrevocable notice, in the form attached as Schedule J, of any request for any Advance to it. The Borrower shall also give the Agent irrevocable notice in the same form of any payment by it of any Advance (whether resulting from repayment, prepayment, rollover or conversion).
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