Procedure for Term Loan Borrowings. The Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 12:00 Noon, New York City time, one Business Day prior to the Closing Date) requesting that the Term Lenders make the Closing Date Term Loans on the Closing Date and specifying the amount to be borrowed. Upon receipt of such notice the Administrative Agent shall promptly notify each applicable Term Lender thereof. Not later than 12:00 Noon, New York City time, on the Closing Date, each applicable Term Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Closing Date Term Loans to be made by such Lender. The Administrative Agent shall make the proceeds of such Closing Date Term Loans available to the Borrower on such Borrowing Date by wire transfer in immediately available funds to the Escrow Account as designated in writing by the Borrower to the Administrative Agent. After the Closing Date, each borrowing of Term Loans, each conversion of Term Loans from one Type to the other, and each continuation of Eurocurrency Term Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by (a) telephone, or (b) a Committed Loan Notice; provided that any telephone notice must be confirmed promptly on the same date prior to 2:00 p.m. New York City time such telephonic notice is given by delivery to the Administrative Agent of a Committed Loan Notice. Other than as set forth above with respect to Term Loan Borrowings on the Closing Date, each such Committed Loan Notice must be received by the Administrative Agent not later than (i) 11:00 a.m., New York City time, three (3) Business Days prior to the requested date of any borrowing of, conversion to or continuation of Eurocurrency Term Loans or of any conversion of Eurocurrency Term Loans to ABR Loans, and (ii) no later than 12:00 Noon, New York City time, on the requested date of any borrowing or continuation of ABR Loans.
Procedure for Term Loan Borrowings. The Borrower shall deliver to the Administrative Agent an irrevocable notice (which notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, one Business Day to the anticipated closing date set forth in the applicable Incremental Assumption Agreement) requesting that the applicable Term Loan Lenders make the applicable Term Loans on the date set forth in the applicable Incremental Assumption Agreement and specifying the amount to be borrowed. Upon receipt of such notice of borrowing the Administrative Agent shall promptly notify each applicable Term Loan Lender thereof. Not later than 12:00 noon, New York City time, on the Fourth Amendment Effective Date (or on such other date set forth in the applicable Incremental Assumption Agreement) each applicable Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender on the Fourth Amendment Effective Date (or on such other date set forth in the applicable Incremental Assumption Agreement). The Administrative Agent shall make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the applicable Term Loan Lenders, in like funds as received by the Administrative Agent.
Procedure for Term Loan Borrowings. The Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 11:00 A.M., Charlotte time, (a) not less than three Business Days prior to the Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the requested Borrowing Date), in the case of Eurodollar Loans, or (b) one Business Day prior to the Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the requested Borrowing Date), in the case of ABR Loans), requesting that the relevant Term Lenders make the relevant Term Loans on such date and specifying (i) the amount and Type of Term Loans to be borrowed and (ii) in the case of Eurodollar Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor. Upon receipt of such notice the Administrative Agent shall promptly notify each Term Lender thereof. Each relevant Term Lender will make the amount of its Term Loan available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 12:00 Noon, Charlotte time, on the relevant Borrowing Date in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the Borrower by the Administrative Agent crediting the account of the Borrower on the books of such office with the aggregate of the amounts made available to the Administrative Agent by such Term Lenders and in like funds as received by the Administrative Agent.
Procedure for Term Loan Borrowings. (a) Execution and delivery of this Agreement shall constitute notice that the Tranche A Term Loans will be made on the Closing Date.
Procedure for Term Loan Borrowings. To borrow Term Loans on the Seventh Amendment and Restatement Effective Date, the Parent Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by (a) in the case of a Eurocurrency Borrowing, not later than 11:00 a.m., Local Time, three Business Days prior to the applicable date or (b) in the case of an ABR Borrowing, not later than 11:00 a.m., New York City time, one Business Day prior to the applicable date) requesting that the Term Lenders make the Term Loans on the Seventh Amendment and Restatement Effective Date, and specifying the amount to be borrowed and, except in the case of ABR Borrowing of Term Loans, the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term Interest Period. Upon receipt of such Borrowing Request the Administrative Agent shall promptly notify each applicable Term Lender thereof. Not later than 10:00 a.m., New York City time on the Seventh Amendment and Restatement Effective Date, each Term Lender shall make available to the Administrative Agent at the applicable Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall credit the account of the applicable Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Lenders in immediately available funds.
Procedure for Term Loan Borrowings. The Specified Subsidiary Borrower shall give the Specified Agent irrevocable notice by the Specified Notice Time requesting that the Specified Term Loan Lenders make the Specified Term Loans on the requested Borrowing Date and specifying (i) the amount and currency to be borrowed, (ii) the requested Borrowing Date, (iii) the Type or Types of Loan, and (iv) if the borrowing is to be entirely or partly of Eurocurrency Loans, the respective amounts of each such Type of Specified Loan and the respective lengths of the initial Interest Periods therefor. Upon receipt of such notice the Specified Agent shall promptly notify each Specified Term Loan Lender thereof. Each Specified Term Loan Lender will make an amount equal to the Specified Term Loans to be made by such Lender available to the Specified Agent for the account of the Specified Borrower at the office of the Specified Agent specified in subsection 12.2 prior to 11:00 a.m. local time of the Specified Agent, on the Borrowing Date requested by the Specified Borrower in funds immediately available to the Specified Agent. Such borrowing will then be made available to the Specified Borrower by the Specified Agent crediting the account of the Specified Borrower on the books of such office with the aggregate of the amounts made available to the Specified Agent by the Specified Term Loan Lenders and in like funds as received by the Specified Agent.
Procedure for Term Loan Borrowings. (a) The Borrower shall provide the Administrative Agent an irrevocable written Borrowing Request (which notice must by received by (x) in the case of a Eurodollar Borrowing, not later than 11:00 a.m., New York City time, three Business Days before the Effective Date or (y) in the case of a Prime Borrowing, not later than 11:00 a.m., New York City time, one Business Day before the Effective Date), requesting that the Term Lenders make the Term Loans on the Effective Date.
Procedure for Term Loan Borrowings. The Borrower shall give the Administrative Agent irrevocable Borrowing Notice (which notice must be received by the Administrative Agent prior to a time reasonably acceptable to the Administrative Agent on the Borrowing Date. Upon receipt of any such Borrowing Notice the Administrative Agent shall promptly notify each applicable Lender thereof. Not later than 12:00 Noon, on the Borrowing Date, each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to its new term loan being made as a Term Loan on the Borrowing Date; provided that certain Term Loans made on the Amendment and Restatement Effective Date shall be made through a conversion of Revolving Loans into Term Loans, as set forth in the Amendment Agreement. The Administrative Agent shall credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts of Term Loans made available on the Borrowing Date to the Administrative Agent by the Term Loan Lenders in immediately available funds.
Procedure for Term Loan Borrowings. The Company shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, one Business Day prior to the anticipated Third Restatement Effective Date) requesting that the Term Lenders make the Term Loans on the Third Restatement Effective Date and specifying the amount to be borrowed. The Term Loans made on the Third Restatement Effective Date shall initially be Term Benchmark Loans. Upon receipt of such notice the Administrative Agent shall promptly notify each Term Lender thereof. Not later than 12:00 Noon, New York City time, on the Third Restatement Effective Date each Term Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan to be made by such Xxxx Xxxxxx. The Administrative Agent shall credit the account of the Company on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Lenders in immediately available funds.
Procedure for Term Loan Borrowings. The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, (a) one Business Day prior to the anticipated Closing Date, in the case of Term Loans denominated in Dollars and (b) three Business Days prior to the anticipated Closing Date, in the case of Term Loans denominated in Euros) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and, in the case of Tranche A Term Loans, specifying the currency thereof. The Term Loans denominated in Dollars and made on the Closing Date shall initially be Base Rate Loans, and no Term Loan may be converted into or continued as a Eurocurrency Loan having an Interest Period in excess of one month prior to the date which is 30 days after the Closing Date or such shorter period as may be acceptable to the Administrative Agent. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 10:00 A.M., New York City time, on the Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in
