Common use of Notice of Swingline Loans by the Borrower Clause in Contracts

Notice of Swingline Loans by the Borrower. To request a Swingline Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone, not later than 3:00 p.m., New York City time, on the day of the proposed Swingline Borrowing. Each such notice shall be irrevocable and shall be confirmed promptly by hand delivery, facsimile or e-mail (in .pdf or .tif format) to the Administrative Agent of a written Borrowing Request in the form approved by the Administrative Agent and signed by a Responsible Officer of the Borrower. Each such telephonic and written Borrowing Request shall specify, in compliance with Section 2.02, the requested date (which shall be a Business Day), the principal amount of the requested Swingline Borrowing and the location and number of the Borrower’s account to which funds are to be disbursed, or, in the case of any Swingline Borrowing requested to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f), the identity of the Issuing Lender that made such LC Disbursement. The Administrative Agent will promptly advise each Swingline Lender of any such Borrowing Request received from the Borrower and of the amount of such Swingline Lender’s Swingline Loan to be made as part of the requested Swingline Borrowing. Each Swingline Lender shall make each Swingline Loan to be made by it hereunder available to the Borrower by means of a credit to a deposit account of the Borrower specified in such Borrowing Request (or, in the case of a Swingline Borrowing made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f), by remittance to the relevant Issuing Lender) by 5:00 p.m., New York City time, on the requested date of such Swingline Loan.

Appears in 1 contract

Samples: Year Credit Agreement (Best Buy Co Inc)

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Notice of Swingline Loans by the Borrower. To request a Swingline BorrowingLoan, the Borrower shall notify the Administrative Agent and each Swingline Lender of such request by telephone, telephone (confirmed by telecopy or electronic communication) not later than 3:00 2:00 p.m., New York City time, on the day of the such proposed Swingline BorrowingLoan. Each such notice shall be irrevocable and shall specify the Swingline Lender from which such Swingline Loan shall be confirmed promptly by hand delivery, facsimile or e-mail (in .pdf or .tif format) to the Administrative Agent of a written Borrowing Request in the form approved by the Administrative Agent and signed by a Responsible Officer of the Borrower. Each such telephonic and written Borrowing Request shall specify, in compliance with Section 2.02made, the requested date (which shall be a Business Day), ) and the principal amount of the requested Swingline Borrowing and the location and number of the Borrower’s account to Loan (which funds are to be disbursed, or, (x) in the case of any Swingline Borrowing requested to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f), the identity of the Issuing Lender that is a Dollar Lender, shall be made such LC Disbursementunder the Dollar Commitments and (y) in the case of any Swingline Lender that is a Multicurrency Lender, shall be made under the Multicurrency Commitments). The Administrative Agent will promptly advise each the applicable Swingline Lender of any such Borrowing Request notice received from the Borrower and of the amount of such Swingline Lender’s Swingline Loan to be made as part of the requested Swingline BorrowingBorrower. Each Swingline Lender (other than Truist, in its capacity as a Swingline Lender) shall make each applicable Swingline Loan to be made by it hereunder available to the Borrower by means of a credit to a deposit the Borrower’s account of the Borrower specified in such Borrowing Request Section 2.03(b)(vii) (or, in the case of a Swingline Borrowing Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f2.05(f), by remittance to the relevant applicable Issuing LenderBank) by 5:00 3:00 p.m., New York City time, on the requested date of such Swingline Loan. (x) Truist, in its capacity as a Swingline Lender, shall make each applicable Swingline Loan available to the Administrative Agent to the account of the Administrative Agent most recently designated by it for such purpose by notice to Truist by 3:00 p.m., New York City time, on the requested date of such Swingline Loan and (y) the Administrative Agent shall make the proceeds of any Swingline Loan received by the Administrative Agent from Truist to the Borrower by means of a credit to the Borrower’s account specified in Section 2.03(b)(vii) (or, in the case of a Swingline Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.05(f), by remittance to the applicable Issuing Bank) promptly and, (A) solely to the extent the Administrative Agent receives such proceeds prior to 3:00 p.m., New York City time pursuant to clause (x), on the requested date of such Swingline Loan and (B) otherwise, to the extent the Administrative Agent receives such proceeds after 3:00 p.m., New York City time pursuant to clause (x), on the immediately succeeding Business Day after the requested date of such Swingline Loan.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Blue Owl Technology Income Corp.)

Notice of Swingline Loans by the Borrower. To request a Swingline BorrowingLoan, the Borrower shall notify the Administrative Agent of such request by telephonetelephone (confirmed by telecopy or electronic mail), (i) in the case of a Swingline Loan denominated in Dollars, not later than 3:00 2:00 p.m., New York City time, on the day of such proposed Swingline Loan and (ii) in the case of a Swingline Loan denominated in a Foreign Currency, not later than 1:00 p.m., London time, three (3) Business Days before the date of the proposed Swingline BorrowingLoan. Each such notice shall be irrevocable and shall be confirmed promptly by hand delivery, facsimile or e-mail (in .pdf or .tif format) to the Administrative Agent of a written Borrowing Request in the form approved by the Administrative Agent and signed by a Responsible Officer of the Borrower. Each such telephonic and written Borrowing Request shall specify, in compliance with Section 2.02, specify the requested date (which shall be a Business Day), the principal amount of the requested Swingline Borrowing Loan, the Swingline Lender that the Borrower is requesting make such Swingline Loan and the location and number of the Borrower’s account to which funds are whether such Swingline Loan is to be disbursed, or, in made under the case of any Swingline Borrowing requested to finance Dollar Commitments or the reimbursement of an LC Disbursement as provided in Section 2.06(f), the identity of the Issuing Lender that made such LC DisbursementMulticurrency Commitments. The Administrative Agent will promptly advise each the applicable Swingline Lender of any such Borrowing Request notice received from the Borrower and of the amount of such Swingline Lender’s Swingline Loan to be made as part of the requested Swingline BorrowingBorrower. Each The applicable Swingline Lender shall make each Swingline Loan to be made by it hereunder available to the Borrower by means of a credit to a the general deposit account of the Borrower specified in such Borrowing Request with the Administrative Agent (or, in the case of a Swingline Borrowing Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f2.05(f), by remittance to the relevant Issuing LenderBank) (x) in the case of a Swingline Loan, denominated in Dollars, by 5:00 3:00 p.m., New York City time, on the requested date of such Swingline Loan and (y) in the case of a Swingline Loan denominated in a Foreign Currency, by 3:00 p.m., London time, on the requested date of such Swingline Loan.

Appears in 1 contract

Samples: Form Of (SLR Investment Corp.)

Notice of Swingline Loans by the Borrower. To request a Swingline BorrowingLoan, the Borrower shall notify the Administrative Agent of such request by telephonetelephone (confirmed by telecopy), (i) in the case of a Swingline Loan denominated in Dollars, not later than 3:00 2:00 p.m., New York City time, on the day of the such proposed Swingline BorrowingLoan, (ii) in the case of a Swingline Loan denominated in a Foreign Currency other than AUD, not later than 1:00 p.m., London time, on the day of such proposed Revolving Credit Agreement Swingline Loan, and (iii) in the case of a Swingline Loan denominated in AUD, not later than 1:00 p.m., London time, one Business Day prior to such proposed Swingline Loan. Each such notice shall be irrevocable and shall be confirmed promptly by hand delivery, facsimile or e-mail (in .pdf or .tif format) to the Administrative Agent of a written Borrowing Request in the form approved by the Administrative Agent and signed by a Responsible Officer of the Borrower. Each such telephonic and written Borrowing Request shall specify, in compliance with Section 2.02, specify the requested date (which shall be a Business Day), ) and the principal amount of the requested Swingline Borrowing and the location and number of the Borrower’s account to which funds are to be disbursed, or, in the case of any Swingline Borrowing requested to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f), the identity of the Issuing Lender that made such LC DisbursementLoan. The Administrative Agent will promptly advise each the Swingline Lender of any such Borrowing Request notice received from the Borrower and of the amount of such Swingline Lender’s Swingline Loan to be made as part of the requested Swingline BorrowingBorrower. Each The Swingline Lender shall make each Swingline Loan to be made by it hereunder available to the Borrower by means of a credit to a the general deposit account of the Borrower specified in such Borrowing Request with the Swingline Lender (or, in the case of a Swingline Borrowing Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f2.05(f), by remittance to the relevant Issuing LenderBank) (x) in the case of a Swingline denominated in Dollars, by 5:00 3:00 p.m., New York City time, on the requested date of such Swingline Loan and (y) in the case of a Swingline Loan denominated in a Foreign Currency, by 3:00 p.m., London time, on the requested date of such Swingline Loan.

Appears in 1 contract

Samples: Senior Secured (Apollo Investment Corp)

Notice of Swingline Loans by the Borrower. To request a Swingline BorrowingLoan, the Borrower shall notify the Administrative Agent of such request in writing by telephone, delivery of a Borrowing Request not later than 3:00 p.m.(i) 11:00 a.m., New York City time, on the day of the such proposed Swingline BorrowingLoan, in order to receive funds by 3:00 p.m., New York City time, on such day and (ii) otherwise 7:00 p.m., New York City time, in order to receive funds by 1:00 p.m., New York City time, on the following Business Day. Each such notice shall be irrevocable and shall be confirmed promptly by hand delivery, facsimile or e-mail (in .pdf or .tif format) to the Administrative Agent of a written Borrowing Request in the form approved by the Administrative Agent and signed by a Responsible Officer of the Borrower. Each such telephonic and written Borrowing Request shall specify, in compliance with Section 2.02, specify the requested date (which shall be a Business Day), the principal amount of the requested Swingline Borrowing and the location and number of the Borrower’s account to which funds are to be disbursed, or, in the case of any Swingline Borrowing requested to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f), the identity of the Issuing Lender that made such LC DisbursementLoan. The Administrative Agent will promptly advise each the Swingline Lender of any such Borrowing Request notice received from the Borrower and of the amount of such Swingline Lender’s Swingline Loan to be made as part of the requested Swingline BorrowingBorrower. Each The Swingline Lender shall make each Swingline Loan to be made by it hereunder available to the Borrower by means of a credit to a deposit the account of the Borrower specified in such the Borrowing Request (or, in the case of a Swingline Borrowing Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f2.05(f), by remittance to the relevant Issuing LenderBank, as specified in the Borrowing Request) by 5:00 (i) 3:00 p.m., New York City time, on the requested date of such Swingline Loan, in the case of a Borrowing Request delivered before 11:00 a.m., New York City time, on the day of such proposed Swingline Loan or (ii) 1:00 p.m., New York City time, on the following Business Day, in the case of a Borrowing Request delivered after 11:00 a.m., New York City time, on the day of such proposed Swingline Loan but prior to 7:00 p.m., New York City time, on such day.

Appears in 1 contract

Samples: Revolving Credit Agreement (NF Investment Corp.)

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Notice of Swingline Loans by the Borrower. To request a Swingline BorrowingLoan, the Borrower shall notify the Administrative Agent and each Swingline Lender of such request by telephone, telephone (confirmed by telecopy or electronic communication) not later than 3:00 2:00 p.m., New York City time, on the day of the such proposed Swingline BorrowingLoan. Each such notice shall be irrevocable and shall specify the Swingline Lender from which such Swingline Loan shall be confirmed promptly by hand delivery, facsimile or e-mail (in .pdf or .tif format) to the Administrative Agent of a written Borrowing Request in the form approved by the Administrative Agent and signed by a Responsible Officer of the Borrower. Each such telephonic and written Borrowing Request shall specify, in compliance with Section 2.02made, the requested date (which shall be a Business Day), ) and the principal amount of the requested Swingline Borrowing and the location and number of the Borrower’s account to Loan (which funds are to be disbursed, or, (x) in the case of any Swingline Borrowing requested to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f), the identity of the Issuing Lender that is a Dollar Lender, shall be made such LC Disbursementunder the Dollar Commitments and (y) in the case of any Swingline Lender that is a Multicurrency Lender, shall be made under the Multicurrency Commitments). The Administrative Agent will promptly advise each the applicable Swingline Lender of any such Borrowing Request notice received from the Borrower and of the amount of such Swingline Lender’s Swingline Loan to be made as part of the requested Swingline BorrowingBorrower. Each Swingline Lender (other than Truist, in its capacity as a Swingline Lender) shall make each applicable Swingline Loan to be made by it hereunder available to the Borrower by means of a credit to a deposit the Borrower’s account of the Borrower specified in such Borrowing Request Section 2.03(b)(vii) (or, in the case of a Swingline Borrowing Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f2.05(f), by remittance to the relevant applicable Issuing LenderBank) by 5:00 3:00 p.m., New York City time, on the requested date of such Swingline Loan. (x) Truist, in its capacity as a Swingline Lender, shall make each applicable Swingline Loan available to the Administrative Agent to the account of the Administrative Agent most recently designated by it for such purpose by notice to Truist by 3:00 p.m., New York City time, on the requested date of such Swingline Loan and (y) the Administrative Agent shall make the proceeds of any Swingline Loan received by the Administrative Agent from Truist to the Borrower by means of a credit to the Borrower’s account specified in Section 2.03(b)(vii) (or, in the case of a Swingline Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.05(f), by remittance to the applicable Issuing Bank) promptly and, (A) solely to the extent the Administrative Agent receives such proceeds prior to 3:00 p.m., New York City time pursuant to clause (x), on the requested date of such Swingline Loan and (B) otherwise, to the extent the Administrative Agent 747507610 22702620757699803.9 receives such proceeds after 3:00 p.m., New York City time pursuant to clause (x), on the immediately succeeding Business Day after the requested date of such Swingline Loan.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Blue Owl Technology Income Corp.)

Notice of Swingline Loans by the Borrower. To request a Swingline BorrowingLoan, the Borrower shall notify the Administrative Agent of such request by telephonetelephone (confirmed by email), (i) in the case of a Swingline Loan denominated in Dollars, not later than 3:00 2:00 p.m., New York City time, on the day of the such proposed Swingline BorrowingLoan, (ii) in the case of a Swingline Loan denominated in a Foreign Currency other than AUD, SEK or HKD, not later than 9:00 a.m., New York time, on the day of such proposed Swingline Loan, and (iii) in the case of a Swingline Loan denominated in AUD, SEK or HKD, not later than 9:00 a.m., New York time, one Business Day prior to such proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the Swingline Lender from which such Swingline Loan shall be confirmed promptly by hand delivery, facsimile or e-mail (in .pdf or .tif format) to the Administrative Agent of a written Borrowing Request in the form approved by the Administrative Agent and signed by a Responsible Officer of the Borrower. Each such telephonic and written Borrowing Request shall specify, in compliance with Section 2.02made, the requested date (which shall be a Business Day), ) and the principal amount of the requested Swingline Borrowing and the location and number of the Borrower’s account to which funds are to be disbursed, or, in the case of any Swingline Borrowing requested to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f), the identity of the Issuing Lender that made such LC DisbursementLoan. The Administrative Agent will promptly advise each the applicable Swingline Lender of any such Borrowing Request notice received from the Borrower and of the amount of such Swingline Lender’s Swingline Loan to be made as part of the requested Swingline BorrowingBorrower. Each Swingline Lender shall make each applicable Swingline Loan to be made by it hereunder available to the Borrower by means of a credit to a the general deposit account of the Borrower specified in with such Borrowing Request Swingline Lender (or, in the case of a Swingline Borrowing Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.06(f2.05(f), by remittance to the relevant applicable Issuing LenderBank) (x) in the case of a Swingline denominated in Dollars, by 5:00 3:00 p.m., New York City time, on the requested date of such Swingline Loan (y) in the case of a Swingline Loan denominated in a Foreign Currency (other than AUD, SEK and HKD), by 9:00 a.m., New York time, on the requested date of such Swingline Loan and (z) in the case of a Swingline Loan denominated in AUD, SEK or HKD, by 9:00 a.m., New York time, one Business Day prior to such proposed Swingline Loan.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Apollo Investment Corp)

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