Common use of Requesting Loans Clause in Contracts

Requesting Loans. Subject to the terms and conditions of this Agreement, the Borrower may request that Loans be made on any Business Day; provided, that (i) subject to Section 2.1 (Loans), each Loan must be for an amount equal to or greater than USD 1,000,000 and (ii) such Loan would not violate any Requirement of Law. In order to request a Loan, the Borrower shall give the Agent a written loan notice substantially in the form of Exhibit A (each, a “Loan Notice”), which (i) in the case of Tranche A Loans, must be received by the Agent prior to 12:00 noon, New York City time at least two (2) Business Days prior to the requested Disbursement Date, and (ii) in the case of Tranche B Loans, must be received by the Agent prior to 12:00 noon, New York City time at least thirty-two (32) calendar days (or such shorter period as agreed by the Agent and each Lender in its sole discretion) prior to the requested Disbursement Date, in each case requesting a Loan on such Disbursement Date and setting forth the information specified in Exhibit A. Such Loan Notice shall be signed by a Responsible Officer of the Borrower and shall become irrevocable two (2) Business Days prior to the relevant Disbursement Date.