Notice of B Borrowing definition

Notice of B Borrowing has the meaning specified in Section 2.03(a).

Notice of B Borrowing has the meaning specified in Section 2.03(a)(i).

Notice of B Borrowing has the meaning specified in Section 2.19(a).

Examples of Notice of B Borrowing in a sentence

• Such fee shall be fully earned upon issuance of such Notice of B Borrowing, and shall be nonrefundable without regard to whether or not any B Advances are thereafter made in response to the solicitation of bids made in such Notice of B Borrowing.

• The Agent shall in turn promptly notify each Lender of each request for a B Borrowing received by it from the Borrower by sending such Lender a copy of the related Notice of B Borrowing.

• The Agent shall in turn promptly notify each Bank of each request for a B Borrowing received by it from the Borrower by sending such Bank a copy of the related Notice of B Borrowing.

• The Borrower agrees to pay to the Agent, for the account of the Agent, on the date of issuance of any Notice of B Borrowing, an auction fee in the amount of $3000.

• The Borrower shall not accept offers in an aggregate amount, in respect of any maturity, in excess of the maximum amount requested for such maturity by the Borrower in the applicable Notice of B Borrowing.

• The Borrower shall have no right to prepay any principal amount of any B Advance unless, and then only on the terms, specified by the Borrower for such B Advance in the related Notice of B Borrowing delivered pursuant to subsection (a)(i) above and set forth in the B Note evidencing such B Advance.

• Except as specified in Section 2.06(d) the Borrower shall have no right to prepay, in whole or in part, the principal amount of any B Advance unless, and then only on the terms, if any, specified by the Borrower for such B Advance in the related Notice of B Borrowing delivered pursuant to subsection (a)(i) above and set forth in the Series B Note evidencing such B Advance.

• The Borrower agrees to pay to the Agent, for the account of the Agent, on the date of issuance of any Notice of B Borrowing, an auction fee in the amount of $3500.

• With respect to any LIBOR Rate Advance comprising part of a B Borrowing, the provisions of subsections (b)(ii)(A), (C) and (D) of Section 2.05 shall apply to the selection of any Interest Period not specified in the related Notice of B Borrowing given pursuant to Section 2.03, and further, the provisos of such subsection (b)(ii)(A), and subsection (b)(ii)(F) in its entirety, shall apply to each such B Borrowing.

• The Borrower agrees (i) to repay the A Advances in full on the Termination Date and (ii) to repay each B Advance on the last day of the Interest Period with respect thereto specified by the Borrower in the related Notice of B Borrowing.

More Definitions of Notice of B Borrowing

Notice of B Borrowing means (i) in the case of a B Borrowing proposed to be made pursuant to SECTION 2.03(b), a written request for such B Borrowing substantially in the form of EXHIBIT B-2 hereto and (ii) in the case of a B Borrowing proposed to be made pursuant to SECTION 2.03(c), a written request for such B Borrowing substantially in the form of EXHIBIT B-3 hereto.

Notice of B Borrowing has the meaning assigned to that term in Section 2.03(a). "Notice of Conversion" has the meaning assigned to that term in Section 2.10. "OECD" means the Organization for Economic Cooperation and Development. "Other Credit Agreement" means the 3-Year Credit Agreement, dated as of October 20, 1997, among the Borrower, the lenders from time to time parties thereto and Citibank, N.A., as agent for such lenders. "Parent" means IES Industries Inc., an Iowa corporation, or any successor by merger thereto (including, upon consummation of the Merger, WPL) that succeeds to the obligations of IES Industries Inc. under, and in accordance with Section 2(e) of, the Support Agreement. "PBGC" means the Pension Benefit Guaranty Corporation (or any successor entity) established under ERISA. "Percentage" means, for any Lender on any date of determination, the percentage obtained by dividing such Lender's Commitment on such day by the total of the Commitments on such date, and multiplying the quotient so obtained by 100%. "Person" means an individual, partnership, corporation (including a business trust), limited liability company, joint stock company, trust, unincorporated association, joint venture or other entity, or a government or any political subdivision or agency thereof. "Plan" means a Single Employer Plan or a Multiple Employer Plan. "PUHCA" means the Public Utility Holding Company Act of 1935, as amended from time to time. "Reference Banks" means Citibank, N.A. and The First National Bank of Chicago, and any additional or substitute Lenders as may be selected from time to time to act as Reference Banks hereunder by the Agent, the Majority Lenders and the Borrower. "Reference Ratings" means the ratings assigned by S&P and Moody's to: (i) prior to the consummation of the Merger, the Reference Securities of IES Utilities and (ii) following the consummation of the Merger, the lower of the two most highly rated Reference Securities. For purposes of the foregoing clause (i) and clause (ii), if the ratings assigned to such Reference Security by S&P and Moody's, respectively are not comparable (i.e. a "split rating"), the lower of such two ratings shall control. "Reference Securities" means, for each of IES Utilities, Wisconsin Power and IPC, such Utility's first mortgage bonds or other most senior secured non-credit enhanced long-term debt. "Register" has the meaning assigned to that term in Section 8.07(c).

Notice of B Borrowing means (a) in the case of a B Borrowing proposed to be made pursuant to Section 2.06(b), a written request for such B Borrowing substantially in the form of Exhibit B-2 hereto (or such other form as may be approved by the Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Agent)) and (b) in the case of a B Borrowing proposed to be made pursuant to Section 2.06(c), a written request for such B Borrowing substantially in the form of Exhibit B-3 hereto (or such other form as may be approved by the Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Agent)) signed by a Responsible Officer of the Borrower.

Notice of B Borrowing has the meaning assigned to that term in Section 2.03(a). "Notice of Conversion" has the meaning assigned to that term in Section 2.10. "OECD" means the Organization for Economic Cooperation and Development. "Other Credit Agreement" means the 364-Day Credit Agreement, dated as of October 20, 1997, among the Borrower, the lenders from time to time parties thereto and Citibank, N.A., as agent for such lenders. "Parent" means IES Industries Inc., an Iowa corporation, or any successor by merger thereto (including, upon consummation of the Merger, WPL) that succeeds to the obligations of IES Industries Inc. under, and in accordance with Section 2(e) of, the Support Agreement.