Competitive Bid Request definition

Competitive Bid Request means a request by the Borrower for Competitive Bids in accordance with Section 2.04.

Competitive Bid Request means a request made pursuant to Section 2.03 in the form of Exhibit A-1.

Competitive Bid Request has the meaning specified in subsection 2.06(a).

Examples of Competitive Bid Request in a sentence

• Unless the Administrative Agent otherwise agrees in its sole discretion, the Borrower may not submit a Competitive Bid Request if it has submitted another Competitive Bid Request within the prior five Business Days.

• Each Competitive Bid Request shall specify (i) the requested date of the Competitive Borrowing (which shall be a Business Day), (ii) the aggregate principal amount of Competitive Loans requested (which must be $5,000,000 or a whole multiple of $1,000,000 in excess thereof), (iii) the Type of Competitive Loans requested, and (iv) the duration of the Interest Period with respect thereto, and shall be signed by a Responsible Officer of the Borrower.

• The Borrower may request the submission of Competitive Bids by delivering a Competitive Bid Request to the Administrative Agent not later than 11:00 a.m. (i) one Business Day prior to the requested date of any Competitive Borrowing that is to consist of Absolute Rate Loans or (ii) four Business Days prior to the requested date of any Competitive Borrowing that is to consist of Term SOFR Margin Bid Loans.

More Definitions of Competitive Bid Request

Competitive Bid Request a request by the Borrower, in the form of Exhibit F, for Competitive Bids.

Competitive Bid Request means a request made pursuant to Section 2.02(a) hereof substantially in the form of Exhibit B hereto.

Competitive Bid Request means a written request for one or more Competitive Loans substantially in the form of Exhibit B-1.

Competitive Bid Request means a request by the Borrower for Competitive Bids in accordance with Section 2.04. “Competitive Loan” means a Loan made pursuant to Section 2.04.

Competitive Bid Request means (a) a written request delivered to the Administrative Agent requesting Competitive Bids, substantially in the form of Exhibit D-l, duly completed and signed by a Responsible Officer, or (b) a telephonic request made by a Responsible Officer to the Administrative Agent requesting Competitive Bids including the substance of Exhibit D-1, promptly confirmed by a written Competitive Bid Request.

Competitive Bid Request means a request made by the Borrower pursuant to Section 2.03(a).

Competitive Bid Request means a request made pursuant to Section 2.03 in the form of Exhibit A-l hereto.