Common use of Swing Loan Requests Clause in Contracts

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly confirmed in writing by letter or facsimile (each, a “Swing Loan Request”), it being understood that the Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 4 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

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Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Agent PNC may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be in integral multiples of $50,000 and shall be not less than $100,000.

Appears in 4 contracts

Samples: Joinder and Assumption Agreement (CONSOL Energy Inc), Credit Agreement (CONSOL Energy Inc), Credit Agreement (CNX Gas Corp)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,0001,000,000.

Appears in 4 contracts

Samples: Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.), Credit Agreement (Crocs, Inc.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 4 contracts

Samples: Credit Agreement (Spartech Corp), Credit Agreement (Rhino Resource Partners LP), Credit Agreement (Bob Evans Farms Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly confirmed in writing by letter or facsimile (each, a "Swing Loan Request"), it being understood that the Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.. 2.5

Appears in 3 contracts

Samples: Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc), Credit Agreement (Hovnanian Enterprises Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may Borrowing Agent may, for the account of the Revolver Borrowers, from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000100,000 or the maximum amount available.

Appears in 3 contracts

Samples: Credit Agreement (Armstrong Energy, Inc.), Security Agreement (Armstrong Energy, Inc.), Security Agreement (Armstrong Resource Partners, L.P.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans in Dollars by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Agent PNC may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000500,000 with minimum increments thereafter of $250,000.

Appears in 3 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Final Maturity Date request that PNC Bank the Swing Loan Lender to make Swing Loans by delivery delivering to PNC Bank the Swing Loan Lender not later than 2:00 3:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto written notice thereof or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000250,000.

Appears in 3 contracts

Samples: Credit Agreement (Funko, Inc.), Credit Agreement (Funko, Inc.), Credit Agreement (Funko, Inc.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.6(C) hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a "Swing Loan Request"), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Ipalco Enterprises, Inc.), Assignment and Assumption Agreement (Ipalco Enterprises, Inc.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.6(B) hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a "Swing Loan Request"), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 2 contracts

Samples: Credit Agreement (Ipalco Enterprises, Inc.), Credit Agreement (Ipalco Enterprises, Inc.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile, e-mail, or facsimile telex (each, a "Swing Loan Request"), it being understood that the Administrative Agent may rely on the authority of any individual Authorized Officer making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Finish Line Inc /In/), Credit Agreement (Finish Line Inc /In/)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 12.00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, electronic mail, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be in integral multiples of $100,000 and not less than $100,000.

Appears in 2 contracts

Samples: Credit Agreement (Under Armour, Inc.), Joinder and Assumption Agreement (Under Armour, Inc.)

Swing Loan Requests. Except as otherwise provided herein, the each Borrower may from time to time prior to the Expiration Date request that PNC Bank the Swing Lender to make Swing Loans by delivery to PNC Bank the Swing Lender not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile email (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000100,000 or a higher integral multiple thereof.

Appears in 2 contracts

Samples: Credit Agreement (Cincinnati Financial Corp), Credit Agreement (Cincinnati Financial Corp)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 2 contracts

Samples: Credit Agreement (Country Fair Inc), Credit Agreement (Finish Line Inc /In/)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Domestic Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than in integral multiples of $100,000.

Appears in 2 contracts

Samples: Joinder and Assumption Agreement (Retail Ventures Inc), Credit Agreement (DSW Inc.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit EXHIBIT 2.4.2 hereto or a request by telephone promptly confirmed in writing by letter or facsimile (each, a "Swing Loan Request"), it being understood that the Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a "Swing Loan Request"), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,0001,000,000.

Appears in 1 contract

Samples: Credit Agreement (Crocs, Inc.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly confirmed in writing by letter or facsimile (each, a "Swing Loan Request"), it being understood that the Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

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Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than One Hundred Thousand and 00/100 Dollars ($100,000100,000.00).

Appears in 1 contract

Samples: Credit Agreement (Universal Stainless & Alloy Products Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than One Hundred Thousand and 00/100 Dollars ($100,000100,000.00).

Appears in 1 contract

Samples: Credit Agreement (Rti International Metals Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 12:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, e-mail, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Credit Agreement (Nacco Industries Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern 12:00 noon Pittsburgh time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.11.2 hereto or a request by telephone promptly immediately confirmed in writing by letter or facsimile (each, a "Swing Loan Request"), it being understood that the Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Loan Documents (Tb Woods Corp)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 12:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, e-mail, facsimile or facsimile telex (each, a "Swing Loan Request"), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Credit Agreement (Nacco Industries Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Domestic Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a "Swing Loan Request"), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than in integral multiples of $100,000.

Appears in 1 contract

Samples: Joinder and Assumption Agreement (DSW Inc.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be in integral multiples of $50,000 and shall be not less than $100,000.

Appears in 1 contract

Samples: Credit Agreement (CONSOL Energy Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 12:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Credit Agreement (O'Gara Group, Inc.)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Borrowers may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans in Dollars by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Agent PNC may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000500,000 with minimum increments thereafter of $250,000.

Appears in 1 contract

Samples: Credit Agreement (RPM International Inc/De/)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

Swing Loan Requests. Except as otherwise provided herein, the Borrower Company may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 1:00 p.m. Eastern time on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000.

Appears in 1 contract

Samples: Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp)

Swing Loan Requests. Except as otherwise provided herein, the Borrower may from time to time prior to the Expiration Date request that PNC Bank to make Swing Loans by delivery to PNC Bank not later than 2:00 p.m. Eastern time 12:00 noon, on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.4(2) hereto or a request by telephone promptly immediately confirmed in writing by letter letter, facsimile or facsimile telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than $100,000100,000.00.

Appears in 1 contract

Samples: Credit Agreement (Breeze-Eastern Corp)

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