Borrower Notice definition

Borrower Notice has the meaning specified in Section 7.12(b)(iv).

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Borrower Notice means a written notice, in the form of Exhibit A, to be used for each borrowing, repayment of each Advance or termination or reduction of the Facility Amount or Prepayments of Advances.

Borrower Notice shall have the meaning assigned to such term in Section 5.11(c).

Examples of Borrower Notice in a sentence

Each Borrower Notice shall specify the amount (subject to Section 2.1 hereof) of Advances to be borrowed or repaid and the Funding Date or repayment date (which, in all cases, shall be a Business Day) and whether such Advance is a Revolver Advance or a Swing Advance.
On each Funding Date, the Borrower shall be deemed to represent and warrant that any additional Loan referenced on the related Borrower Notice delivered pursuant to Sections 2.1 and 2.2 is an Eligible Loan.
As of the Restatement Date, (i) the Loan List and the information contained in the Borrower Notice delivered pursuant to Sections 2.1 and 2.2 is an accurate and complete listing in all material respects of all the Loans that are part of the Collateral as of the Restatement Date, and the information contained therein with respect to the identity of such Loans and the amounts owing thereunder is true and correct in all material respects as of such date and (ii) each such Loan is an Eligible Loan.
A Borrower Notice relating to any such prepayment shall be irrevocable when delivered.
If any Borrower Notice relating to any prepayment is given, the amount specified in such Borrower Notice shall be due and payable on the date specified therein, together with accrued Interest to the payment date on the amount prepaid and any Breakage Costs (including Hedge Breakage Costs) related thereto.

More Definitions of Borrower Notice

Borrower Notice has the meaning assigned to such term in the definition of “Real Estate Collateral Requirements”.

Borrower Notice has the meaning assigned to such term in the definition of “Collateral and Guarantee Requirement.”

Borrower Notice means a written notice (including a duly completed Borrowing Base Certificate, and in the case of any Funding Request, a duly completed Borrowing Base Certificate as of such proposed Funding Date and giving pro forma effect to the Advance requested and the use of proceeds thereof) in the form of Exhibit A, to be used for each borrowing or termination or reduction of the Facility Amount or prepayments of Advances.

Borrower Notice and “Borrower Order” mean, respectively, a written notice or order signed in the name of the Borrower by either its Governor, Chief Financial Officer, and by any Vice President of the Borrower, and delivered to the Collateral Agent and RUS.

Borrower Notice shall have the meaning given to that term in the Pledge Agreement.

Borrower Notice shall have the meaning assigned to such term in clause (e) of the definition of “Collateral and Guarantee Requirement”.

Borrower Notice has the meaning specified in the definition of “Collateral and Guaranty Requirements”.