Allocation Memo definition
Examples of Allocation Memo in a sentence
On the next Business Day following receipt thereof, the Administrative Agent shall reduce or eliminate, as applicable, the Trade Allocation allocated to such Lender Hedge Agreement as requested in such Allocation Memo and such reduction or elimination shall become effective.
The Administrative Agent will give written notice thereof to the Borrowers and Guarantors following receipt of such Allocation Memo.
The Administrative Agent shall at all times post the most recent Borrowing Base Certificate and/or Allocation Memo delivered to it hereunder by a Fund Borrower or Requesting Hedge Bank, as applicable, on an electronic communication system reasonably selected by it to enable the Fund Borrowers and Lenders to view the then current Borrowing Base (including the outstanding Trade Allocations).
The Administrative Agent shall at all times post the most recent Borrowing Base Certificate and/or Allocation Memo delivered to it hereunder by a Borrower, Guarantor or Requesting Hedge Bank, as applicable, on an electronic communication system reasonably selected by it to enable the Borrowers, Guarantors and Lenders to view the then current Borrowing Base (including the outstanding Trade Allocations).