Procedure for Borrowing Term Loans Sample Clauses

Procedure for Borrowing Term Loans. The Borrower Representative (on behalf of the Borrowers under any Term Facility) shall give the Administrative Agent irrevocable notice, substantially in the form of Exhibit H or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower Representative (which notice must be received by the Administrative Agent no later than (A) 11:00 a.m. (New York City time), one Business Day prior to the anticipated Closing Date and the Amendment No. 1 Effective Date, as applicable, and two Business Days (or such shorter period as may be agreed by the Administrative Agent) prior to the anticipated Amendment No. 2 Effective Date, as applicable, (which shall be a Business Day), in the case of ABR Loans and (B) 11:00 a.m. (New York City time), three Business Days prior to the anticipated Closing Date, Amendment No. 1 Effective Date or Amendment No. 2 Effective Date, as applicable, in the case of Eurocurrency Loans, in each case or such shorter period as the Administrative Agent shall agree) requesting that the Initial Term Lenders make the Closing Date Term Loans on the Closing Date, that the Amendment No. 1 Incremental Term Lenders make the Amendment No. 1 Incremental Term Loans on the Amendment No. 1 Effective Date or that the Amendment No. 2 Incremental Term Lenders make the Amendment No. 2 Incremental Term Loans on the Amendment No. 2 Effective Date, as applicable, and specifying (i) the amount to be borrowed, (ii) the Type of Loans, (iii) the applicable Interest Period, and (iv) instructions for remittance of the Term Loans to be borrowed. If the Borrower fails to specify the Type of Closing Date Term Loans, Amendment No. 1 Incremental Term Loans or Amendment No. 2 Incremental Term Loans, as applicable, they shall be made as ABR Loans. Notwithstanding the foregoing, such notices may be conditioned on the occurrence of the Closing Date, the Amendment No. 1 Effective Date or the Amendment No. 2 Effective Date, as applicable, or, with respect to Incremental Term Loans, may be conditioned on the occurrence of any transaction utilizing such Incremental Term Loans. Upon receipt of such notice the Administrative Agent shall promptly notify each Term Lender thereof. Not later than 1:00 p.m. (New York City time) on the Closing Date, the Amendment No. 1 Effective Date or ...
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Procedure for Borrowing Term Loans. (a) The Company may request a borrowing under the Term Loan Commitments on the Closing Date, subject to Section 2.1, by giving irrevocable notice to the Administrative Agent at least one Business Day prior thereto, which notice shall be in substantially the form of Exhibit H-1 (a “Notice of Borrowing”) and specify (i) the aggregate principal amount to be borrowed and (ii) the Closing Date. Upon receipt of any such notice, the Administrative Agent will promptly notify each Lender thereof. Each Lender will make available to the Administrative Agent in immediately available funds at the office of the Administrative Agent specified in Section 14.2 (or at such other location as the Administrative Agent may direct), by 1:00 P.M., New York City time, on the Closing Date an amount equal to the Commitment Percentage of such Lender multiplied by the aggregate principal amount of the Term Loans requested to be made on the Closing Date in Dollars, in funds immediately available to the Administrative Agent. The proceeds of the Term Loans received by the Administrative Agent hereunder on the applicable borrowing date shall promptly be made available to the Company by the Administrative Agent’s crediting the account of the Company designated to the Administrative Agent with the aggregate amount actually received by the Administrative Agent from the Lenders and in like funds as received by the Administrative Agent.
Procedure for Borrowing Term Loans. The execution and delivery of this Agreement by the Borrower and the satisfaction of all conditions precedent pursuant to Section 3.1 and Section 3.2 shall be deemed to constitute the Borrower’s request to borrow the Term Loans on the Closing Date.
Procedure for Borrowing Term Loans. Each Borrowing shall be made by a written request by an Authorized Person delivered to Agent and received by Agent no later than 12:00 p.m. Eastern on the Business Day that is three (3) Business Days prior to the requested Funding Date, specifying (A) the amount of such Borrowing, and (B) the requested Funding Date (which shall be a Business Day); provided, that Agent may, in its sole discretion, elect to accept as timely requests that are received later than 12:00 p.m. Eastern on the applicable Business Day.
Procedure for Borrowing Term Loans. The Borrower Representative (on behalf of the Borrowers) shall give the Administrative Agent irrevocable notice, substantially in the form of Exhibit H or such other form as may be approved by the Administrative Agent (including (x) any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent and (y) by written notice), appropriately completed and signed by a Responsible Officer of the Borrower Representative (which notice must be received by the Administrative Agent no later than (A) 1:00 p.m11:00 a.m. (New York City time), onone (1) Business Day prior to the anticipated Closing Date or anticipated Amendment No. 6 Effective Date, as applicable, in the case of ABR Loans, (B) 11:00 a.m. (New York City time), one Business Day prior to the anticipated Closing Date or anticipated Amendment No. 6 Effective Date, as applicable, in the case of Term Benchmark Loans, in each case or such shorter period as the Administrative Agent reasonably shall agree) requesting that the Term Lenders make the Initial Term Loans on the Closing Date or that the 2023 Refinancing Term Lenders and the Cashless Term Lenders make the 2023 Refinancing Term Loans on the Amendment No. 6 Effective Date, as applicable, and specifying (i) the amount to be borrowed, (ii) the
Procedure for Borrowing Term Loans. Each Borrowing shall be made by a written irrevocable request substantially in the form of Exhibit B-1 hereto (a “Borrowing Request”) by an Authorized Person delivered to Agent and received by Agent no later than 1:00 p.m. on the Business Day that is one (1) Business Day prior to the requested Funding Date, specifying (A) the amount of such Borrowing and (B) the requested Funding Date (which shall be a Business Day). At Agent’s election, in lieu of delivering the above- described written request, any Authorized Person may give Agent telephonic notice of such request by the required time. In such circumstances, Borrower agrees that any such telephonic notice will be confirmed in writing within 24 hours of the giving of such telephonic notice, but the failure to provide such written confirmation shall not affect the validity of the request.
Procedure for Borrowing Term Loans. (a) The Company may request a borrowing under the Term Loan Commitments on the Closing Date, subject to Section 2.1, by giving irrevocable notice to the Term Loan Administrative Agent at least one Business Day prior thereto, which notice shall be in substantially the form of Exhibit H-1 (a “Notice of Borrowing”) and specify (i) the aggregate principal amount to be borrowed and (ii) the Closing Date. Upon receipt of any such notice, the Term Loan Administrative Agent will promptly notify each Term Loan Lender thereof. Each Term Loan Lender will make available to the Term Loan Administrative Agent in immediately available funds at the office of the Term Loan Administrative Agent specified in Section 14.2 (or at such other location as the Term Loan Administrative Agent may direct), by 1:00 P.M., New York City time, on the Closing Date an amount equal to the Term Loan Percentage of such Term Loan Lender multiplied by the aggregate principal amount of the Term Loans requested to be made on the Closing Date in Dollars, in funds immediately available to the Term Loan Administrative Agent. The proceeds of the Term Loans received by the Term Loan Administrative Agent hereunder on the applicable borrowing date shall promptly be made available to the Company by the Term Loan Administrative Agent’s crediting the account of the Company designated to the Term Loan Administrative Agent with the aggregate amount actually received by the Term Loan Administrative Agent from the Term Loan Lenders and in like funds as received by the Term Loan Administrative Agent.
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Procedure for Borrowing Term Loans. The Borrowing shall be made by a written request by an authorized person of Borrower in the form attached as Exhibit B-1 hereto (the “Committed Term Loan Notice”) delivered to Administrative Agent by electronic communication (including Adobe pdf file) or facsimile and received by Administrative Agent no later than 12:00 p.m. (i) on the Business Day prior to the Closing Date, in the case of a request for a Base Rate Loan, and (ii) on the Business Day that is three (3) Business Days prior to the Closing Date for a LIBOR Rate Loan, in each case specifying (A) the amount of such Borrowing, (B) whether such Borrowing is to be borrowed at the LIBOR Option or the Base Rate Option, (C) in the case of a borrowing at the LIBOR Option, the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period,” and (D) the wiring information of the applicable Borrower’s account to which funds are to be disbursed, which shall be set forth in the Flow of Funds Agreement.
Procedure for Borrowing Term Loans. . . 16 Section 2.3
Procedure for Borrowing Term Loans. The Borrowers shall give the Administrative Agent prior written notice in the form of a notice of borrowing ("Notice of Borrowing") in the form of Exhibit D attached hereto and made a part hereof, which must be received by the Administrative Agent prior to (i) 12:00 noon (New York time) three (3) Business Days prior to the Closing Date, in the case of LIBOR Rate Loans and (ii) 12:00 noon (New York time) on the Closing Date, in the case of Base Rate Loans, specifying:
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