Examples of Request for Revolving Loan in a sentence
Not later than 2:00 p.m., Central Time, on the Borrowing Date, the Agent shall make available to Borrower the aggregate amount of such requested Revolving Loan in the manner requested in the Request for Revolving Loan.
Forthwith upon receipt of such notice from the Agent, Borrower shall advise the Agent whether or not it intends to borrow under the Line of Credit to finance its obligations to reimburse the Agent, and if so, submit a Request for Revolving Loan as provided in Section 2.2.4. hereof.
Prior to award, provide list of individuals who have authority to bind the corporation.
Each such telephonic request shall be deemed a representation, warranty, acknowledgment and agreement by Borrower as to the matters which are required to be set out in such Request for Revolving Loan Advance.
Borrower may by written notice request a borrowing of Revolving Loan prior to 11:00 a.m. (New York time) on the date which is two (2) Business Days prior to the Business Day of the requested borrowing of a Revolving Loan by delivering to Administrative Agent a Request for Revolving Loan.
Each such written request or confirmation must be made in the form and substance of Exhibit C attached hereto, duly completed (herein called a "Request for Revolving Loan Advance").
The Agent and the Lenders shall not incur any liability to Borrower in acting upon any Request for Revolving Loan referred to above which the Agent and the Lenders believe in good faith to have been given by a duly authorized officer or other person authorized to borrow on behalf of Borrower or for otherwise acting in good faith under this Section 2.2.4. Each Request for Revolving Loan for a Revolving Loan must specify whether such Loan is a Eurodollar Loan or a Base Rate Loan.
Each Request for Revolving Loan Advance shall be irrevocable and binding on Borrower.
The form of Request for Revolving Loan is attached hereto as Exhibit “B”, and includes a designation by Borrower of the Borrowing Date.
The Agent and the Lenders shall not incur any liability to Borrower in acting upon any Request for Revolving Loan referred to above which the Agent and the Lenders believe in good faith to have been given by a duly authorized officer or other person authorized to borrow on behalf of Borrower or for otherwise acting in good faith under this Section 2.2.4. Each Request for a Revolving Loan must specify whether such Loan is a LIBOR Loan or a Base Rate Loan.