Common use of Proposed Borrowing Clause in Contracts

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__] New Term][New] Revolving Credit] Loans from the New [Term Loan][Revolving Credit] Lender as follows (the “Proposed Borrowing”): a. Business Day of Proposed Borrowing: _________20, ____ b. Amount of Proposed Borrowing: $___________________ c. Interest rate option: ¨ ABR Loan(s) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 2 contracts

Sources: Credit Agreement (Laureate Education, Inc.), Credit Agreement

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__] New Term][New] Incremental Term Loans, Incremental Term C Loans and Incremental Revolving Credit] Credit Loans from the New [Term Loan][Revolving Credit] Lender Additional Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20, ____: b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate Rate option: ¨ : (i) ABR Loan(s) (ii) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 2 contracts

Sources: Credit Agreement (Vistra Energy Corp), Credit Agreement (Energy Future Competitive Holdings Co LLC)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__[ ] New Term][New] Revolving Credit] Term Loans from the New [Term Loan][Revolving Credit] Lender Loan Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20, ____, b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ : (i) ABR Loan(s) (ii) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 1 contract

Sources: Credit Agreement (First Data Corp)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__[ ] New Term][NewTerm Loans] Revolving Credit] Loans from the New [Term Loan][Revolving Credit] Lender Lenders as follows (the “Proposed Borrowing”): a. Business Day of Proposed Borrowing: _________20, _,___ b. Amount of Proposed Borrowing: $___________________ c. Interest rate option: ¨ ABR Loan(s) ¨ LIBOR o b. Eurodollar Rate Loans with an initial Interest Period of [____] _ month(s)) o a. Base Rate

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Vca Antech Inc)

Proposed Borrowing. This Agreement represents the Borrower’s a request by Borrower to borrow [Series [__[ ] New Term][NewTerm Loans][New Revolving Loans] Revolving Credit] Loans from the [New [Term Loan][Revolving CreditLoan Lenders][New Revolving Loan Lenders] Lender as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20, ______ b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ : (i) [ABR Loan(s) (ii) ¨ LIBOR Loans with an initial Interest Period of [____] _ month(s)]

Appears in 1 contract

Sources: Credit Agreement (RBC Bearings INC)

Proposed Borrowing. This Agreement represents a request by the Borrower’s request Borrower to borrow [Series [__[ ] New Term][NewTerm Loans][Incremental Revolving Loans] Revolving Credit] Loans from the [New [Term Loan][Revolving CreditLoan Lenders][Incremental Revolving Loan Lenders] Lender as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20, ____, b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ : (i) ABR Loan(s) (ii) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 1 contract

Sources: Credit Agreement (PRA Health Sciences, Inc.)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [[ _____ ] New Term][New] Revolving Credit] Incremental Term Loans from Incremental Term Loan Lenders pursuant to the New [Incremental Term Loan][Revolving Credit] Lender Loan Commitments as follows (the “Proposed Borrowing”): a. Business Day of Proposed Borrowing: b. Amount of Proposed Borrowing: $[_________20, ____ b. Amount of Proposed Borrowing: $___________________]. c. Interest rate option: ¨ o a. ABR Loan(s) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 1 contract

Sources: Credit and Guaranty Agreement (American Reprographics CO)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__] New Term][NewTerm Loans][New Revolving Credit Loans] Revolving Credit] Loans from the New [Term Loan][Revolving CreditLender[s] Lender as follows (the “Proposed Borrowing”): a. Business Day of Proposed Borrowing: _________20__, ____ b. Amount of Proposed Borrowing: $___________________ c. Interest rate option: ¨ ABR a. Base Rate Loan(s) ¨ LIBOR b. Eurodollar Loans with an initial Interest Period of [____one][two][three][six] month(s)

Appears in 1 contract

Sources: Credit Agreement (Wynn Resorts LTD)

Proposed Borrowing. This Agreement represents a request by the Borrower’s request Borrower to borrow [Series [______] New Term][New] Revolving [Term][Revolving Credit] Loans from the New [Term Loan][Revolving CreditTerm][Revolving] Lender Loan Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20, ,_______ b. (b) Amount of Proposed Borrowing: [$_]3__________________ c. (c) Interest rate option: ¨ : (i) ABR Loan(s) (ii) ¨ LIBOR Term SOFR Loans with an initial Interest Period of [____] _ month(s)

Appears in 1 contract

Sources: First Lien Credit Agreement (HireRight Holdings Corp)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__] New Term][NewTerm Loans] Revolving Credit] Loans from the New [Term Loan][Revolving Credit] Loan Lender as follows (the “Proposed Borrowing”): a. Business Day of Proposed Borrowing: _________20__, ____ b. Amount of Proposed Borrowing: $___________________ c. Interest rate option: ¨ ABR a. Base Rate Loan(s) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 1 contract

Sources: Credit Agreement (W R Grace & Co)

Proposed Borrowing. This Agreement represents a request by the Borrower’s request Borrower to borrow [Series [__[ ] New Term][NewTerm Loans] [New Revolving CreditLoans] Loans from the [New Term Loan Lenders] [Term Loan][Revolving CreditNew Revolving Loan Lenders] Lender as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20, ____, b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ : (i) ABR Loan(s) (ii) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 1 contract

Sources: Credit Agreement (PRA Health Sciences, Inc.)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__[ ] New Term][New] Revolving Credit] Term Loans from the New [Term Loan][Revolving Credit] Lender Loan Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20, ____, b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ ABR Loan(s) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 1 contract

Sources: Credit Agreement (Kinder Morgan Holdco LLC)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__] New Term][New] Revolving Credit] Term Loans from the New [Term Loan][Revolving Credit] Lender Lenders as follows (the “Proposed Borrowing”): a. Business Day of Proposed Borrowing: _________20__, ____ b. Amount of Proposed Borrowing: $___________________ c. Interest rate option: ¨ ABR : a. Base Rate Loan(s) ¨ LIBOR ) b. Eurodollar Rate Loans with an initial Interest Period of [____] _ month(s)]

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Vca Antech Inc)

Proposed Borrowing. This Agreement represents the Borrower’s 's request to borrow [New Revolving Loans] [New Delayed Draw Term Loans] [Series [__] New Term][NewTerm Loans] from [New Revolving CreditLoan Lenders] Loans from the [New Delayed Draw Term Loan Lenders] [New Term Loan][Revolving CreditLoan Lenders] Lender as follows (the "Proposed Borrowing”):"): ------------------ a. (a) Business Day of Proposed Borrowing: _________20__, ____ b. Amount of Proposed Borrowing: $___________________ c. Interest rate option: ¨ ABR Loan(s) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)_ ----------------------------------

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Focal Communications Corp)

Proposed Borrowing. This Agreement represents a request by the Borrower’s request Borrower to borrow [Series [__] New Term][New] Revolving Credit] Credit Loans from the New [Term Loan][Revolving Credit] Lender Revolving Loan Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20_____, _________ b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ : (i) ABR Loan(s) ¨ LIBOR (ii) Term SOFR Loans with an initial Interest Period of [____] month(s)_ month(s)]2

Appears in 1 contract

Sources: Credit Agreement (OneStream, Inc.)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__[ ] New Term][New] Revolving Credit] Term Loans from the New [Term Loan][Revolving Credit] Lender Loan Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20____, _____ b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ ABR Loan(s) ¨ __ LIBOR Loans __ with an initial Interest Period of [____] _ month(s)

Appears in 1 contract

Sources: Credit Agreement (Kinder Morgan Inc)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [____] New Term][New] Revolving Credit] Term Loans from the New [Term Loan][Revolving Credit] Lender Loan Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20_____, ____ b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ : (d) ABR Loan(s) (e) ¨ LIBOR Term SOFR Loans with an initial Interest Period of [____] month(s)]

Appears in 1 contract

Sources: Term Loan Credit Agreement (MRC Global Inc.)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__] New Term][NewTerm Loans] Revolving Credit] Loans from the New [Term Loan][Revolving Credit] Loan Lender as follows (the “Proposed Borrowing”): a. Business Day of Proposed Borrowing: _________20__, ____ b. Amount of Proposed Borrowing: $___________________ c. Interest rate option: ¨ ¨ a. ABR rate Loan(s) ¨ LIBOR ¨ b. Eurodollar Rate Loans with an initial Interest Period of [____] _ month(s)

Appears in 1 contract

Sources: Mortgaged Properties Schedule (Dollar General Corp)

Proposed Borrowing. This Agreement represents a request by the Borrower’s request Borrower to borrow [Series [__[ ] New Term][NewTerm Loans][and][Incremental Revolving Credit Loans] Revolving Credit] Loans from the New [Term Loan][Revolving Credit] Lender Loan Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20[ ], ____[ ] b. (b) Amount of Proposed Borrowing: $___________________[ ] c. (c) Interest rate option: ¨ : (i) [$[ ] of ABR Loan(s)] (ii) ¨ [$[ ] of LIBOR Loans with an initial Interest Period of [____[ ] month(s)]

Appears in 1 contract

Sources: First Lien Credit Agreement (Aveanna Healthcare Holdings, Inc.)

Proposed Borrowing. This Agreement represents the Borrower’s Borrowers’ request to borrow [Series [__[ ] New Term][New] Revolving Credit] Incremental Term Loans from the New [Incremental Term Loan][Revolving Credit] Lender Loan Lenders as follows (the “Proposed Borrowing”): a. (a) Business Day of Proposed Borrowing: _________20, ____, b. (b) Amount of Proposed Borrowing: $___________________ c. (c) Interest rate option: ¨ : (i) ABR Loan(s) (ii) ¨ LIBOR Loans with an initial Interest Period of [____] month(s)

Appears in 1 contract

Sources: Credit Agreement (Health Management Associates Inc)

Proposed Borrowing. This Agreement represents the Borrower’s request to borrow [Series [__] ]]New Term][New] Revolving Credit] Loans Term Loan Commitments from the New [Term Loan][Revolving Credit] Loan Lender as follows (the “Proposed Borrowing”): a. Business Day of Proposed Borrowing: _________20, ____ b. Amount of Proposed Borrowing: $___________________ c. Interest rate option: ¨ ABR o a. Base Rate Loan(s) ¨ LIBOR o b. Eurodollar Rate Loans with an initial Interest Period of [____] month(s)

Appears in 1 contract

Sources: Senior Secured Term Loan Facility Agreement (Ocwen Financial Corp)