Common use of Proposed Borrowing Clause in Contracts

Proposed Borrowing. This Agreement represents Borrower’s request to borrow Series [ ] New Term Loans from the New Term Loan Lenders as follows (the “Proposed Borrowing”): (a) Business Day of Proposed Borrowing: _____________, _____ (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 Agreement (Kinder Morgan Inc)

Proposed Borrowing. This Agreement represents Borrower’s request to borrow Series [ [____] New Term Loans from the New Term Loan Lenders as follows (the “Proposed Borrowing”): (a) Business Day of Proposed Borrowing: ______________, _____ (b) Amount of Proposed Borrowing: $___________________ (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 Borrower’s a request by the Borrower to borrow Series [ [______] New Term [Term][Revolving Credit] Loans from the New Term [Term][Revolving] Loan Lenders as follows (the “Proposed Borrowing”): (a) Business Day of Proposed Borrowing: _________,____, _____ (b) Amount of Proposed Borrowing: [$_]3__________________ (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 Borrower’s a request by the Borrower to borrow [Series [ ] New Term Loans Loans] [New Revolving Loans] from the [New Term Loan Lenders Lenders] [New Revolving Loan Lenders] as follows (the “Proposed Borrowing”): (a) Business Day of Proposed Borrowing: _____________, _____, (b) Amount of Proposed Borrowing: $___________________ (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 Borrower’s 's request to borrow [New Revolving Loans] [New Delayed Draw Term Loans] [Series [ [__] New Term Loans Loans] from the [New Revolving Loan Lenders] [New Delayed Draw Term Loan Lenders] [New Term Loan Lenders Lenders] as follows (the "Proposed Borrowing”):"): ------------------ (a) Business Day of Proposed Borrowing: _____________, _____ (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 Borrower’s a request by the Borrower to borrow Series [ ] New Term Revolving Credit Loans from the New Term Revolving Loan Lenders as follows (the “Proposed Borrowing”): (a) Business Day of Proposed Borrowing: ______________, _________ (b) Amount of Proposed Borrowing: $___________________ (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 Borrower’s a request by Borrower to borrow [Series [ ] New Term Loans Loans][New Revolving Loans] from the [New Term Loan Lenders Lenders][New Revolving Loan Lenders] as follows (the “Proposed Borrowing”): (a) Business Day of Proposed Borrowing: ______, _______, _____ (b) Amount of Proposed Borrowing: $___________________ (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 Borrower’s request to borrow [Series [ [__] New Term Loans Loans] from the New Term Loan Lenders Lender as follows (the “Proposed Borrowing”): (a) a. Business Day of Proposed Borrowing: _____________, _____ (b) b. Amount of Proposed Borrowing: $___________________ (c) 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 Borrower’s a request by the Borrower to borrow [Series [ ] New Term Loans Loans][and][Incremental Revolving Credit Loans] from the New Term Loan Lenders as follows (the “Proposed Borrowing”): (a) Business Day of Proposed Borrowing: _____________[ ], _____[ ] (b) Amount of Proposed Borrowing: $___________________[ ] (c) Interest rate option: : (i) [$[ ] 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.)