Requests for Bids Sample Clauses

Requests for Bids. Except as otherwise provided herein, each Borrower may from time to time request that Administrative Agent invite bids for Bid Rate Loans, which requests shall be made by delivering to Administrative Agent a completed Request for Bids (i) not later than 11:01 a.m., New York, New York time, on the Eurocurrency Business Day that is six (6) Eurocurrency Business Days before the proposed Bid Rate Loan Borrowing Date (i.e., approximately 12:01 a.m., Hong Kong time, on the Eurocurrency Business Day that is five (5) Eurocurrency Business Days before the proposed Bid Rate Loan Borrowing Date) for a Yen‑Denominated Loan, (ii) not later than 10:00 a.m., New York, New York time, on the Eurocurrency Business Day that is five (5) Eurocurrency Business Days before the proposed Bid Rate Loan Borrowing Date for a Eurocurrency Loan other than a Yen‑Denominated Loan, (iii) not later than 11:00 a.m., New York, New York time, on the Eurocurrency Business Day that is four (4) Eurocurrency Business Days before the proposed Bid Rate Loan Borrowing Date for a Eurodollar Loan, and (iv) not later than 11:00 a.m., New York, New York time, on the Business Day that is one (1) Business Day before the proposed Bid Rate Loan Borrowing Date for a Fixed Rate Loan. Each Request For Bids shall be irrevocable and shall specify (A) the proposed Bid Rate Loan Borrowing Date, which date shall be a Eurocurrency Business Day if the requested Bid Rate Loan is a Eurodollar Loan or a Eurocurrency Loan, or a Business Day in all other cases, (B) the amount which the Borrower proposes to borrow on such date and the currency of such proposed borrowing, which amount shall be not less than $5,000,000 (or, if such Bid Rate Loan is to be made in a currency other than Dollars, in an amount of such currency substantially equivalent, on the date of such Request for Bids, to $5,000,000), or, if greater, an integral multiple of $1,000,000, (C) whether the Lenders should offer to make Eurocurrency Loans, Eurodollar Loans, and/or Fixed Rate Loans, (D) if the proposed Bid Rate Loan is to be a Eurodollar Loan or a Eurocurrency Loan, the Interest Period(s) applicable to such proposed borrowing, (E) the term of the proposed Bid Rate Loan, (F) the account into which the Advance of the Bid Rate Loan is to be made and (G) such other information as is provided for in Exhibit F. Administrative Agent, promptly after receipt by it of a Request For Bids, shall notify each Lender by telecopy of its receipt of a Request For Bids...
Sample 1
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Requests for Bids. In order to request Competitive Bids from the ----------------- Lenders hereunder, the Borrower shall give the Administrative Agent prior written notice in the form attached hereto as Exhibit B-2 (a "Competitive Bid ----------- Request") not later than 11:00 a.m. (Charlotte time) at least two (2) Business Days before the date of a proposed Absolute Competitive Bid Borrowing and at least five (5) Business Days before the date of a LIBOR Competitive Bid
Sample 1
Requests for Bids. In order to request Competitive Bids from the Lenders hereunder, the Borrower shall give the Administrative Agent prior written notice in the form attached hereto as Exhibit B-2 (a "Competitive Bid Request") not later than 11:00 a.m. (Charlotte time) at least two (2) Business Days before the date of a proposed Absolute Competitive Bid Borrowing and at least five (5) Business Days before the date of a LIBOR Competitive Bid Borrowing, of its intention to request Competitive Bids, specifying with respect to each requested Competitive Bid Borrowing for a particular Interest Period (A) the date of such requested Competitive Bid Borrowing, which shall be a Business Day, (B) the aggregate amount of such requested Competitive Bid Borrowing, which shall be $10,000,000 or a whole multiple of $5,000,000 in excess thereof, (C) the Interest Period to be applicable to such Competitive Bid Borrowing, which shall not be less than seven (7) or more than one hundred eighty (180) days in the case of an Absolute Competitive Bid Borrowing or one (1), two (2), three (3) or six (6) months in the case of a LIBOR Competitive Bid Borrowing, and (D) whether such Competitive Bid Borrowing will be an Absolute Competitive Bid Borrowing or a LIBOR Competitive Bid Borrowing. The Borrower may request offers to make Competitive Bid Loans for up to three (3) separate Interest Periods in a single Competitive Bid Request, and each such request for a separate Interest Period shall be deemed a request for a separate Competitive Bid Borrowing; provided that (x) no Interest Period applicable to any Competitive Bid Borrowing shall expire on a date later than the last Business Day prior to the Revolving Credit Termination Date, (y) the Borrower may not submit a Competitive Bid Request within five (5) Business Days after the date of submission of any previous Competitive Bid Request or more than three (3) Competitive Bid Requests in one calendar month, and (z) no Competitive Bid Borrowing shall be made if, immediately after giving effect thereto, there would be outstanding Competitive Bid Loans having more than three (3) separate Interest Periods or outstanding LIBOR Loans and Competitive Bid Loans together having more than eight (8) separate Interest Periods (for which purpose Interest Periods applicable to LIBOR Rate Loans and Interest Periods applicable to Competitive Bid Loans shall be deemed to be separate Interest Periods even if they are coterminous). A Competitive Bid Request not given in th...
Sample 1
Requests for Bids. Subject to the terms and conditions set forth herein, from time to time during the Availability Period the Company or any Subsidiary Borrower may request Competitive Bids and may (but shall not have any obligation to) accept Competitive Bids and borrow Competitive Loans denominated in Dollars or in any Foreign Currency; provided that the sum of the total Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans at any time shall not exceed the Total Commitments. To request Competitive Bids, the Company (on behalf of itself or the relevant Borrower) or the relevant Borrower shall notify the Administrative Agent of such request by telephone:
Sample 1
Requests for Bids. A request for bids (“RFB”) will be issued for each trade contract subject to Sections 2 and 3 of these Procedures. The RFB will only be issued to the Trade Contractors appearing on the list of prequalified Applicants for the applicable trade contract determined pursuant to Section 2 above. The RFB shall include at least the following attachments:
Sample 1

Related to Requests for Bids

  • Requests for Loans The Borrower (i) shall notify the Agent of a potential request for a Loan as soon as possible prior to the Borrower's proposed Drawdown Date, and (ii) shall give to the Agent written notice in the form of Exhibit B hereto (or telephonic notice confirmed in writing in the form of Exhibit B hereto) of each Loan requested hereunder (a "Loan Request") no less than three (3) Business Days prior to the proposed Drawdown Date. Each such notice shall specify with respect to the requested Loan the proposed principal amount, Drawdown Date, Interest Period (if applicable) and Type. Each such notice shall also contain (i) a statement as to the purpose for which such advance shall be or has been used (which purpose shall be in accordance with the terms of Section 7.11), and (ii) a certification by the chief financial or chief accounting officer of the general partner of the Borrower and the chief financial or chief accounting officer of the Guarantor that the Borrower and Guarantor are and will be in compliance with all covenants under the Loan Documents after giving effect to the making of such Loan. Notwithstanding anything in this Section 2.5 to the contrary, the Borrower shall be permitted to use the proceeds of a Loan to reimburse the Borrower for amounts paid from its own funds to acquire Real Estate, to develop undeveloped Real Estate (subject to the restrictions set forth in Section 8.9) or for Capital Improvement Projects with respect thereto. Promptly upon receipt of any such notice, the Agent shall notify each of the Banks thereof. Except as provided in this Section 2.5, each such Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Loan requested from the Banks on the proposed Drawdown Date, provided that, in addition to the Borrower's other remedies against any Bank which fails to advance its proportionate share of a requested Loan, such Loan Request may be revoked by the Borrower by notice received by the Agent no later than the Drawdown Date if any Bank fails to advance its proportionate share of the requested Loan in accordance with the terms of this Agreement, provided further, that the Borrower shall be liable in accordance with the terms of this Agreement to any Bank which is prepared to advance its proportionate share of the requested Loan for any costs, expenses or damages actually incurred by such Bank as a result of the Borrower's election to revoke such Loan Request. Nothing herein shall prevent the Borrower from seeking recourse against any Bank that fails to advance its proportionate share of a requested Loan as required by this Agreement. The Borrower may without cost or penalty revoke a Loan Request by delivering notice thereof to each of the Banks no later than three (3) Business Days prior to the Drawdown Date. Each Loan Request shall be (a) for a Base Rate Loan in the minimum aggregate amount of $500,000 or an integral multiple of $100,000 in excess thereof, or (b) for a LIBOR Rate Loan in a minimum aggregate amount of $500,000.00 or an integral multiple of $100,000 in excess thereof; provided, however, that there shall be no more than ten (10) LIBOR Rate Loans outstanding at any one time.

  • Requests for Borrowings To request a Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Eurodollar Borrowing, not later than 11:00 a.m., New York City time, three Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 11:00 a.m., New York City time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request signed by the Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02:

  • Requests for Borrowing The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form of Exhibit C (a “Notice of Borrowing”) not later than 10:00 a.m. (i) on the same Business Day as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be, (y) with respect to Base Rate Loans in an aggregate principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to LIBOR Rate Loans in an aggregate principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans, and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. If the Borrower fails to specify a type of Loan in a Notice of Borrowing, then the applicable Loans shall be made as Base Rate Loans. If the Borrower requests a Borrowing of LIBOR Rate Loans in any such Notice of Borrowing, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. A Notice of Borrowing received after 10:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

  • Requests for Advances Any Line advance permitted under this Agreement must be requested by telephone or in a writing delivered to the Bank (or transmitted via facsimile) by any person reasonably believed by the Bank to be an authorized officer of the Borrower. The Bank will not consider any such request if there is an event which is, or with notice or the lapse of time would be, an event of default under this Agreement. Proceeds will be deposited into the Borrower's account at the Bank or disbursed in such other manner as the parties agree.

  • Requests for Approval If the Administrative Agent requests in writing the consent or approval of a Lender, such Lender shall respond and either approve or disapprove definitively in writing to the Administrative Agent within ten Business Days (or sooner if such notice specifies a shorter period for responses based on Administrative Agent’s good faith determination that circumstances exist warranting its request for an earlier response) after such written request from the Administrative Agent. If the Lender does not so respond, that Lender shall be deemed to have approved the request.

  • Requests for Assistance 1. Requests for assistance shall be made in writing, signed by the Chairman of the Requesting authority and addressed to the contact person of the Requested Authority listed in Annex A.

  • Requests for Swing Loans The Borrowers shall give the Administrative Agent prior notice (which may be written or oral), no later than 10:00 a.m. (Cincinnati time) on the date upon which the Borrowers request that any Swing Loan be made, of the amount and date of such Swing Loan, and the Interest Period requested therefor. The Administrative Agent shall promptly advise the Swing Line Lender of any such notice received from the Borrowers. Within 30 minutes after receiving such notice, the Swing Line Lender shall in its discretion quote an interest rate to the Borrowers at which the Swing Line Lender would be willing to make such Swing Loan available to the Borrowers for the Interest Period so requested (the rate so quoted for a given Interest Period being herein referred to as “Swing Line Lender’s Quoted Rate”). The Borrowers acknowledge and agree that the interest rate quote is given for immediate and irrevocable acceptance. If the Borrowers do not so immediately accept the Swing Line Lender’s Quoted Rate for the full amount requested by the Borrowers for such Swing Loan, the Swing Line Lender’s Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the rate per annum determined by adding the Applicable Margin for Base Rate Loans to the Base Rate as from time to time in effect. Subject to the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrowers on the date so requested at the offices of the Swing Line Lender in Cincinnati, Ohio. Anything contained in the foregoing to the contrary notwithstanding (i) the obligation of the Swing Line Lender to make Swing Loans shall be subject to all of the terms and conditions of this Agreement and (ii) the Swing Line Lender shall not be obligated to make more than one Swing Loan during any one day.

  • Requests for Leave Except as provided under Section B.3., Family Care/Medical Leave Notification, requests for leaves of absence and extensions, with or without pay, shall be submitted in writing to the University. Such requests shall be submitted sufficiently in advance of the requested leave date to provide the University time to assess the operational impact of granting the request. All requests for leaves of absence shall contain the requested beginning and end date of the leave, and any additional information as required.

  • Rejection of Bids 22.1. The ACCO may reject a Bid if:

  • Requests for Revolving Loans Not later than 10:00 a.m. Eastern time at least one (1) Business Day prior to a borrowing of Revolving Loans that are to be Base Rate Loans and not later than 10:00 a.m. Eastern time at least three (3) Business Days prior to a borrowing of Revolving Loans that are to be LIBOR Loans, the Borrower shall deliver to the Administrative Agent a Notice of Borrowing. Each Notice of Borrowing shall specify the aggregate principal amount of the Revolving Loans to be borrowed, the date such Revolving Loans are to be borrowed (which must be a Business Day), the use of the proceeds of such Revolving Loans, the Type of the requested Revolving Loans, and if such Revolving Loans are to be LIBOR Loans, the initial Interest Period for such Revolving Loans. Each Notice of Borrowing shall be irrevocable once given and binding on the Borrower. Prior to delivering a Notice of Borrowing, the Borrower may (without specifying whether a Revolving Loan will be a Base Rate Loan or a LIBOR Loan) request that the Administrative Agent provide the Borrower with the most recent LIBOR available to the Administrative Agent. The Administrative Agent shall provide such quoted rate to the Borrower on the date of such request or as soon as possible thereafter.

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