Common use of Requests for Borrowing Clause in Contracts

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached hereto as Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for each Base Rate Loan and each Swingline 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 (x) with respect to each LIBOR Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, in a principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Loan or Permitted Acquisition Loan, (D) in the case of a Working Capital Loan or Permitted Acquisition Loan, whether such Loan is to be a LIBOR Rate Loan or Base Rate Loan, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Inergy L P), Credit Agreement (Inergy L P)

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Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. 2:00 p.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. 2:00 p.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Jack in the Box Inc /New/), Credit Agreement (Jack in the Box Inc /New/)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) 1:00 p.m. (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $1,000,000 3,000,000 or a whole multiple of $500,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 1:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Tuesday Morning Corp/De)

Requests for Borrowing. The Administrative Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each (Credit Agreement) Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 50,000 or a whole multiple of $500,000 10,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof, thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 50,000 or a whole multiple of $50,000 10,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. 1:00 p.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate minimum principal amount of $2,500,000 and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 100,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. 1:00 p.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Wackenhut Corrections Corp)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit of EXHIBIT B (a “Notice of Borrowing”"NOTICE OF BORROWING") not later than 11:00 a.m. (Charlotte time) 12:00 p.m. (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, in a principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 100,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 12:00 noon shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. (Charlotte time) 12:00 p.m. (i) on the same Business Day for as each Base Rate Loan and (including each Swingline Loan 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $3,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 12:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (AbitibiBowater Inc.)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice (or telephonic notice confirmed by written notice) in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. 12:00 Noon (Charlotte time) (i) on the same Business Day for as each Swingline Loan, (ii) on the same Business Day as each Base Rate Loan and each Swingline Loan and (iiiii) 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 (x) with respect to each LIBOR Rate Loan, Loans in a an aggregate principal amount of $2,000,000 5,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof, (y) with respect to each Base Rate Loan, Loans in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 500,000 in excess thereof, thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 300,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition a Swingline Loan, (D) in the case of a Working Capital Loan or Permitted Acquisition Revolving Credit Loan, whether such Loan is the Revolving Credit Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing Notices received after 11:00 a.m. 12:00 Noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Corestaff Inc)

Requests for Borrowing. The Borrower CCA REIT shall give the Administrative Agent irrevocable prior written notice in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. 12:00 noon (Charlotte time) (i) at least one Business Day before each Base Rate Loan (other than a Swingline Loan), (ii) on the same Business Day for each Base Rate Loan and as each Swingline Loan and (iiiii) 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 (x) with respect to each LIBOR Rate Loanin the full amount of the aggregate Available Commitment of the Lenders, or, if less, shall be in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, in a minimum principal amount of $1,000,000 or a whole an integral multiple of $100,000 in excess thereofthereof for Base Rate Loans, and (z) with respect to each Swingline Loan, in a minimum principal amount of $250,000 5,000,000 or a whole an integral multiple of $50,000 1,000,000 in excess thereofthereof for LIBOR Rate Loans and a minimum principal amount of $100,000 or an integral multiple of $100,000 in excess thereof for Swingline Loans, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition a Swingline Loan, (D) in the case of a Working Capital Loan or Permitted Acquisition Revolving Credit Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing Notices received after 11:00 a.m. 12:00 noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of BorrowingBorrowing with respect to a Revolving Credit Loan.

Appears in 1 contract

Samples: Credit Agreement (Cca Prison Realty Trust)

Requests for Borrowing. The Borrower Borrowers shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte Eastern time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 500,000 in excess thereof, thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 500,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte Eastern time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. (Charlotte time) 12:00 p.m. (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 500,000 or a whole multiple of $500,000 100,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 500,000 in excess thereof, thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 100,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 12:00 noon shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co of Minnesota)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Medimmune Inc /De)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit EXHIBIT B (a “Notice of Borrowing”"NOTICE OF BORROWING") not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, in a principal amount of $1,000,000 2,500,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $100,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 50,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in whether the case of a Working Capital Loan or Permitted Acquisition Loan, whether such Loan is Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of BorrowingBorrowing by telecopier (or by telephone promptly confirmed by telecopier).

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 100,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Loan or Permitted Acquisition Revolving Credit Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Globalstar, Inc.)

Requests for Borrowing. The Administrative Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 50,000 or a whole multiple of $500,000 10,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 $ 1,000,000 in excess thereof, thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 50,000 or a whole multiple of $50,000 10,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Broadview Networks Holdings Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $100,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 100,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit of EXHIBIT B (a "Notice of Borrowing") not later than 11:00 a.m. (Charlotte time) 12:00 p.m. (i) on the same Business Day for each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereofLoans (other than Swingline Loans), (y1) with respect to each Base Rate Loan, in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 500,000 in excess thereofthereof or (2) equal to the remaining available balance of the applicable Commitments, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 500,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 12:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Cross Country Healthcare Inc)

Requests for Borrowing. The Borrower Company, on behalf of the Borrowers, shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B B-1 (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base CD Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR CD Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base CD Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Family Dollar Stores Inc)

Requests for Borrowing. The Borrower Company, on behalf of the Borrowers, shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base CD Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR CD Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base CD Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Day Credit Agreement (Family Dollar Stores Inc)

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Requests for Borrowing. The applicable Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) 1:00 p.m. (i) on the same Business Day for as each Swingline Loan, (ii) at least one (1) Business Day before each Base Rate Loan and each Swingline Loan and (iiiii) 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $3,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate Loan, Loans and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 1:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Revolving Credit Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Pledge Agreement (Coeur D Alene Mines Corp)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate LoanLoans (other than Swingline Loans), in a an aggregate principal amount of $2,000,000 1,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base LIBOR Rate LoanLoans, in a an aggregate principal amount of $2,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans, in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Loan or Permitted Acquisition Revolving Credit Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Revolving Credit Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Atlas Pipeline Partners Lp)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. (Charlotte time) 2:00 p.m. (i) on the same Business Day for as each Base Rate Loan and each or Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 100,000 or a whole multiple of $500,000 100,000 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof, thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 100,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 2:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Revolving Credit Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Patrick Industries Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, in a principal amount of $1,000,000 2,500,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $100,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 50,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in whether the case of a Working Capital Loan or Permitted Acquisition Loan, whether such Loan is Revolving Credit Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of BorrowingBorrowing by telecopier (or by telephone promptly confirmed by telecopier).

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) 1:00 p.m. (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, in a principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $3,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 100,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 1:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (PAS, Inc.)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte 12:00 p.m.(Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, in a principal amount of $1,000,000 2,500,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $100,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 50,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in whether the case of a Working Capital Loan or Permitted Acquisition Loan, whether such Loan is Revolving Credit Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. 12:00 p.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of BorrowingBorrowing by telecopier (or by telephone promptly confirmed by telecopier).

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) 12:00 p.m. (i) on the same Business Day for each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereofLoans (other than Swingline Loans), (y1) with respect to each Base Rate Loan, in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 500,000 in excess thereofthereof or (2) equal to the remaining available balance of the applicable Commitments, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 500,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 12:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Revolving Credit Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Cross Country Healthcare Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit EXHIBIT B (a “Notice of Borrowing”"NOTICE OF BORROWING") not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, in a principal amount of $1,000,000 2,500,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $100,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 50,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in whether the case of a Working Capital Loan or Permitted Acquisition Loan, whether such Loan is Revolving Credit Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of BorrowingBorrowing by telecopier (or by telephone promptly confirmed by telecopier).

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 500,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Revolving Credit Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Media General Inc)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice (or telephonic notice, confirmed in writing), such written notice or written confirmation to be in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 11:00 a.m. 12:00 p.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, Loans in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 250,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a principal an aggregate principle amount of $250,000 100,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Loan or Permitted Acquisition Revolving Credit Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing Notices received after 11:00 a.m. 12:00 p.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Rare Hospitality International Inc)

Requests for Borrowing. The Borrower Borrowers shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $2,000,000 1,000,000.00 or a whole multiple of $500,000 500,000.00 in excess thereof, (y) with respect to each Base LIBOR Rate Loan, Loans in a an aggregate principal amount of $1,000,000 2,000,000.00 or a whole multiple of $100,000 500,000.00 in excess thereof, thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 100,000.00 or a whole multiple of $50,000 100,000.00 in excess thereof, (C) whether such Loan is to be a Working Capital Loan, Swingline Revolving Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Loan or Permitted Acquisition Revolving Credit Loan, whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.

Appears in 1 contract

Samples: Loan Agreement (Omega Protein Corp)

Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (Charlotte time) 1:00 p.m. (i) on the same Business Day for as each Base Rate Loan and each Swingline 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 be, (x) with respect to each LIBOR Rate Loan, in a principal amount of $2,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to each Base Rate Loan, Loans (other than Swingline Loans) in a an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to each Swingline Loan, Loans in a an aggregate principal amount of $250,000 500,000 or a whole multiple of $50,000 100,000 in excess thereof, (C) whether such Loan is to be a Working Capital Revolving Credit Loan, Swingline Term Credit Loan or Permitted Acquisition Swingline Loan, (D) in the case of a Working Capital Revolving Credit Loan or Permitted Acquisition Loan, Term Credit Loan whether such Loan is the Loans are to be a LIBOR Rate Loan Loans or Base Rate LoanLoans, and (E) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. (Charlotte time) 1:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Revolving Credit Lenders and Term Credit Lenders, as applicable, of each Notice of Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Blucora, Inc.)

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