NOTICE; APPLICATION definition
NOTICE; APPLICATION. The notice given of any prepayment (a "Notice of Prepayment") shall specify the date and amount of the prepayment and whether the prepayment is of Base Rate Loans or Eurodollar Rate Loans or a combination thereof, and if of a combination thereof the amount of the prepayment allocable to each. If the Notice of Prepayment is given, the Borrower shall make such prepayment and the prepayment amount specified in such Notice shall
Examples of NOTICE; APPLICATION in a sentence
The obligation of each Lender to make an Advance (including its initial Advance) and the obligation of the Issuing Bank to issue a Letter of Credit (including the initial issuance thereof) or renew a Letter of Credit and the right of the Borrower to request the issuance or renewal of a Letter of Credit, shall each be subject to the further conditions precedent that on the date of each such Borrowing or issuance or renewal: 56 63 (a) NOTICE, APPLICATION; CONTINUATION OF REPRESENTATIONS AND WARRANTIES.