Term Loans and Revolving Loans. By delivering a Borrowing Request to the Administrative Agent on or before 12:00 p.m. (noon), Los Angeles time, on a Business Day, the Borrower may from time to time irrevocably request, on not less than one Business Day's notice (in the case of Base Rate Loans) or three Business Days' notice (in the case of LIBO Rate Loans) nor more than five Business Days' notice (in the case of any Loans), that a Borrowing be made in an aggregate amount of $500,000 or any larger integral multiple of $100,000, or in the unused amount of the applicable Commitment. No Borrowing Request shall be required, and the minimum aggregate amounts specified under this Section 2.3.1 shall not apply, in the case of Revolving Loans made under clause (b) of Section 2.3.2 to refund Refunded Swing Line Loans or Revolving Loans deemed made under Section 2.6.2 in respect of unreimbursed Disbursements. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m., Los Angeles time, on such Business Day each Lender shall deposit with the Administrative Agent same day funds in an amount equal to such Lender's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender's obligation to make any Loan shall be affected by any other Lender's failure to make any Loan.
Term Loans and Revolving Loans. By delivering a Borrowing Request to the Administrative Agent on or before 12:00 noon, New York time, on a Business Day, WWI may from time to time irrevocably request, on not less than one (in the case of Base Rate Loans) and three (in the case of LIBO Rate Loans) nor more than (in each case) five Business Days' notice, that a Borrowing be made, in the case of LIBO Rate Loans, in a minimum amount of $2,000,000, and an integral multiple of $500,000, and in the case of Base Rate Loans, in a minimum amount of $500,000 and an integral multiple thereof or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 11:00 a.m., New York time, on such Business Day each Lender shall deposit with the Administrative Agent same day funds in an amount equal to such Lender's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the applicable Borrower by wire transfer to the accounts such Borrower shall have specified in its Borrowing Request. No Lender's obligation to make any Loan shall be affected by any other Lender's failure to make any Loan.
Term Loans and Revolving Loans. Whenever (i) a Borrower desires to incur Dollar Loans hereunder (excluding (I) Swingline Loans and (II) Revolving Loans incurred pursuant to a Mandatory Borrowing), such Borrower shall give the Administrative Agent at the applicable Notice Office at least one (1) Business Day’s prior notice of each Base Rate Loan, and at least three (3) Business Days’ prior notice of each Eurodollar Loan to be incurred hereunder, (ii) Silgan Canada desires to incur Canadian A Term Loans hereunder, Silgan Canada shall give the Administrative Agent at the applicable Notice Office at least one (1) Business Day’s prior notice of each Canadian A Term Loan to be maintained as a Canadian Prime Rate Loan, and at least three (3) Business Days’ prior notice of each Canadian Term Loan to be maintained as a CDOR Rate Loan, to be incurred hereunder, (iii) an Incremental Term Loan Borrower desires to incur Alternate Currency Incremental Term Loans hereunder, such Incremental Term Loan Borrower shall give the Administrative Agent at the applicable Notice Office at least three (3) Business Days’ prior notice of each such Alternate Currency Incremental Term Loan to be incurred hereunder, (iv) a Revolving Borrower desires to incur Primary Alternate Currency Revolving Loans hereunder, such Revolving Borrower shall give the Administrative Agent at the applicable Notice Office at least three (3) Business Days’ prior notice of each such Primary Alternate Currency Revolving Loan to be incurred hereunder, and (v) a Canadian Revolving Borrower desires to incur Canadian Revolving Loans hereunder, such Canadian Revolving Borrower shall give the Administrative Agent at the applicable Notice Office at least one (1) Business Day’s prior notice of each Canadian Prime Rate Loan, and at least three (3) Business Days’ prior notice of each CDOR Rate Loan, provided that (in each case) any such notice shall be deemed to have been given on a certain day only if given before 1:00 P.M. (Local Time) on such day. Each such notice (each, a “Notice of Borrowing”), except as otherwise expressly provided in Section 2.10, shall be irrevocable and shall be given by the respective Borrower in writing, or by telephone promptly confirmed in writing, in the form of Exhibit A-1, appropriately completed to specify (i) the name of such Borrower, (ii) the aggregate principal amount of the Loans to be made pursuant to such Borrowing (stated in Dollars or, in the case of Alternate Currency Loans, in the relevant Alternate Currenc...
Term Loans and Revolving Loans. The proceeds of the Term Loans and Revolving Loans made on the Effective Date shall be applied by Borrower to fund the Refinancing and to pay Transaction Costs.
Term Loans and Revolving Loans. By delivering the appropriate Committed Loan Borrowing Request to the Administrative Agent on or before 12:00 noon, New York time (in the case of U.S. Loans or Canadian Loans) or 11:00 a.m., London time (in the case of any Foreign Currency Loans other than Canadian Loans), on a Business Day, a Borrower may from time to time irrevocably request, on not less than one Business Day's notice (in the case of Base Rate Loans) or three Business Days' notice (in the case of Fixed Rate Loans) nor more than five Business Days' notice (in the case of any Committed Loans), that a Committed Borrowing be made in a minimum amount of $500,000 (or, in the case of Foreign Currency Revolving Loans, the multiple of 100,000 units of the Currency of such Loans the U.S. Dollar Equivalent of which is nearest to $500,000) or any larger integral multiple of $100,000 (or, in the case of Foreign Currency Revolving Loans, the multiple of 50,000 units of the Currency of such Loans the U.S. Dollar Equivalent of which is nearest to $100,000) or in the unused amount of the applicable Commitment. No Committed Loan Borrowing Request shall be required, and the minimum aggregate amounts specified under this Section 2.3.1 shall not apply, in the case of U.S. Revolving Loans made under clause (b) of Section 2.3.2 to refund Refunded Swing Line Loans or Committed Revolving Loans deemed made under Section 2.8.2 in respect of unreimbursed Disbursements. On the terms and subject to the conditions of this Agreement, each Committed Borrowing shall be comprised of the type of Committed Loans, shall be made in the Currency and shall be made on the Business Day, specified in such Committed Loan Borrowing Request. On or before 11:00 a.m., New York time (11:00 a.m., London time, in the case of Foreign Currency Loans other than Canadian Loans), on such Business Day, each Lender shall deposit with the Administrative Agent same day funds in the applicable Currency in an amount equal to such Lender's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the applicable Borrower by wire transfer to the accounts such Borrower shall have specified in its Committed Loan Borrowing Request. No Lender's obligation to make any Committed Loan shall be affected by any other Lender's failure to make an...
Term Loans and Revolving Loans. By delivering a Borrowing Request to the Administrative Agent on or before 9:00 a.m., San Francisco time, on a Business Day, the Borrower may from time to time irrevocably request, on not less than one Business Day's notice (in the case of Base Rate Loans) or three Business Days' notice (in the case of LIBO Rate Loans) nor more than five Business Days' notice (in the case of any Loans) that a Borrowing be made in a minimum amount of $1,000,000 and an integral multiple of $500,000, or in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 11:00 a.m. (San Francisco time) on such Business Day each Lender shall deposit with the Administrative Agent same day funds in an amount equal to such Lender's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender's obligation to make any Loan shall be affected by any other Lender's failure to make any Loan.
Term Loans and Revolving Loans. Subject to the provisions of Section 2.2(e), Section 2.2(g) and Section 2.7, the Term Loans and Revolving Loans shall bear interest as follows: (x) if a Base Rate Loan, then at the sum of the Base Rate plus 5.00% per annum and (y) if a LIBOR Loan, then at the sum of Adjusted LIBOR plus 6.00% per annum, in each case payable in Dollars in same day funds.
Term Loans and Revolving Loans. Subject to the terms and conditions set forth herein, each Lender agrees to make a term loan (each, a “Term Loan”) to the Company on the Restatement Date in a principal amount in Dollars not exceeding its Term Loan Commitment. The Company may make only one borrowing under the Term Loan Commitments. Amounts borrowed under this Section 2.1.1(a) and subsequently repaid or prepaid may not be reborrowed. Notwithstanding the foregoing or anything else to the contrary contained in this Agreement, any Lender may (i) exchange, continue or rollover all or a portion of its “Term Loans” under and as defined in the Existing Credit Agreement in connection with this Agreement becoming effective pursuant to a cashless settlement mechanism approved by the Company, the Administrative Agent and such Lender or (ii) make all or a portion of its Term Loans pursuant to the reallocation mechanism set forth in Section 14.20.
Term Loans and Revolving Loans. 4. Subject to the terms and conditions set forth herein, each Lender agrees to make a term loan (each, a “Term Loan”) to the Company on the Closing Date in a principal amount in Dollars not exceeding its Term Loan Commitment. The Company may make only one borrowing under the Term Loan Commitments. Amounts borrowed under this Section 2.1.1(a) and subsequently repaid or prepaid may not be reborrowed.
Term Loans and Revolving Loans. (a) (i) Subject to the terms and conditions set forth herein, each Tranche B Term Lender severally agrees to make a single loan, or pursuant to a timely Conversion Notice delivered in accordance with clause (ii) below, elect to convert all or a portion of such Senior Lender's existing Advances under the Existing Credit Agreements into a loan under this Agreement (each such loan, a "Tranche B Term Loan") to each Applicable Borrower on the Closing Date and in an aggregate amount, together with the aggregate amount of all Tranche B Term Loans made by such Tranche B Term Lender to the other Applicable Borrowers on the Closing Date, not to exceed such Tranche B Term Lender's Tranche B Term Commitment on the Closing Date. Each Tranche B Term Borrowing by any Borrower made on the Closing Date shall consist of Tranche B Term Loans made to such Borrower simultaneously by the Tranche B Term Lenders ratably according to their Tranche B Term Commitments. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed.
