Common use of Procedure for Borrowing Swingline Loans Clause in Contracts

Procedure for Borrowing Swingline Loans. The Borrower shall give the Administrative Agent and the Swingline Lender notice either telephonically or pursuant to a Notice of Swingline Borrowing, in the form of Exhibit D-2 attached hereto, delivered no later than 9:00 a.m. on the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Swingline Borrowing, and shall be followed promptly by delivery from Borrower of a completed Notice of Swingline Borrowing. Not later than 11:00 a.m. on the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions set forth in Article VI for such borrowing, the Swingline Lender shall make the proceeds of such Swingline Loan available to the Borrower in Dollars, in immediately available funds, at the account specified by the Borrower in the Notice of Swingline Borrowing.

Appears in 3 contracts

Samples: Credit Agreement (Equity One Inc), Credit Agreement (Equity One, Inc.), Credit Agreement (Equity One Inc)

AutoNDA by SimpleDocs

Procedure for Borrowing Swingline Loans. The Borrower shall give the Administrative Agent and the Swingline Lender notice either telephonically or pursuant to a Notice of Swingline Borrowing, in the form of Exhibit D-2 attached hereto, Borrowing delivered to Agent and Swingline Lender no later than 9:00 a.m. on the proposed date of such borrowing, provided that Borrower shall have given telephonic notice to Agent and Swingline Lender no later than 9:00 a.m. on the proposed date of borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Swingline Borrowing, and shall be followed promptly by delivery from Borrower of a completed Notice of Swingline Borrowing. Not later than 11:00 a.m. on the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions set forth in Article VI V. for such borrowing, the Swingline Lender shall will make the proceeds of such Swingline Loan available to the Borrower in Dollars, in immediately available funds, at the account specified by the Borrower in the Notice of Swingline Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Security Capital Group Inc/), Credit Agreement (Security Capital Group Inc/)

AutoNDA by SimpleDocs

Procedure for Borrowing Swingline Loans. The Borrower shall give the Administrative --------------------------------------- Agent and the Swingline Lender notice either telephonically or pursuant to a Notice of Swingline Borrowing, in the form of Exhibit D-2 attached hereto, Borrowing delivered to Agent and Swingline Lender no later than 9:00 a.m. on the proposed date of such borrowing, provided that Borrower shall have given telephonic notice to Agent and Swingline Lender no later than 9:00 a.m. on the proposed date of borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Swingline Borrowing, and shall be followed promptly by delivery from Borrower of a completed Notice of Swingline Borrowing. Not later than 11:00 a.m. on the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions set forth in Article VI V. for such borrowing, the Swingline Lender shall will make the proceeds of such Swingline Loan available to the Borrower in Dollars, in immediately available funds, at the account specified by the Borrower in the Notice of Swingline Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Security Capital Group Inc/)

Time is Money Join Law Insider Premium to draft better contracts faster.