Borrowing Notice definition
Examples of Borrowing Notice in a sentence
The Administrative Agent and each Lender shall have received an executed Borrowing Notice in accordance with Section 2.02.
Each Borrowing Notice shall specify the requested date of the Borrowing (which shall be the Funding Date), the amount of such Borrowing and the Borrower’s wire instructions, which shall be included in a funds flow.
Each Borrowing Notice shall be for the full amount of the Commitments and no Borrowing Notice for less than such full amount shall be permitted.
Upon receipt of all requested funds the Administrative Agent will make such Loans available to the Borrower promptly by wire transfer of the amounts so received, in like funds, to an account designated by the Borrower in the applicable Borrowing Notice.
Each Notice of Borrowing, Notice of Conversion/Continuation, and L/C Application or L/C Amendment Application submitted by Borrower Representative hereunder shall constitute a representation and warranty by Borrowers hereunder, as of the date of each such notice and as of each Borrowing Date, Conversion/Continuation Date or Issuance Date, as applicable, that the conditions in this Section 5.02 are satisfied.