Requisite Time definition

Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action:
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action (all times are local time (standard or daylight) as observed in the Governing State):
Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action on or prior to the date set forth below (all times are New York Time): Action Time Date Borrowing of or Conversion into, Base Rate Loans 11:00 a.m. Relevant date Prepayment of Base Rate Loans 1:00 p.m. Relevant date Borrowing of, Continuation of, prepayment of or Conversion into Dollar LIBOR Loans of 1, 2, 3 or 6 months 1:00 p.m. 3 Business Days prior to relevant date Borrowing of, Continuation of, prepayment of or Conversion into, Dollar LIBOR Loans of 9 or 12 months 1:00 p.m. 3 Business Days prior to relevant date Initial Borrowing of Foreign Currency Loans by a Foreign Borrower 1:00 p.m. 5 Business Days prior to Credit Date Other Borrowings, Continuations or prepayment of Foreign Currency Loans 1:00 p.m. 3 Business Days prior to relevant date Voluntary Reduction of Commitments 1:00 p.m. 3 Business Days prior to relevant date Funds made available by Lenders to Administrative Agent 1:00 p.m. Relevant Date Funds made available by applicable Credit Party to Administrative Agent 2:00 p.m. Relevant Date Termination of Commitment, replacement 1:00 p.m. 3 Business Days prior to date of termination or replacement

Examples of Requisite Time in a sentence

  • All payments received after such Requisite Time shall be deemed received on the next succeeding Business Day.

  • All payments received after such Requisite Time shall be deemed received on the next succeeding Business Day for purposes of the calculation of interest and fees, but not for purposes of determining whether a Default has occurred.

  • Upon Requisite Notice to Administrative Agent not later than the Requisite Time therefor, Borrower may at any time and from time to time, without premium or penalty, permanently and irrevocably reduce the Commitments in a Minimum Amount therefor to an amount not less than the Outstanding Obligations at such time or terminate the Commitments.

  • All payments received after the Requisite Time shall be deemed received on the next succeeding Business Day.

  • Borrower may irrevocably request a Letter of Credit Action in a Minimum Amount therefor by delivering a Letter of Credit Application therefor to Issuing Lender, with a copy to Administrative Agent (who shall notify Lenders), by Requisite Notice not later than the Requisite Time therefor.


More Definitions of Requisite Time

Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action (all times are California time):
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action: Type of Action
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action: Borrowing or prepayment of a Loan 8:00 a.m. PT Same date as such Borrowing or prepayment Payments by Borrower to Lender 11:00 a.m. PT On date payment is due Voluntary reduction in or termination of Commitment 10:00 a.m. PT Three Business Days prior to such reduction or termination
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action: Prepayment 8:00 a.m. PT Same date as such prepayment Payments by Borrowers to Lender 11:00 a.m. PT On date payment is due
Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action (all times are California time) on or prior to the date (the “relevant date”) of such action: Action Time Date Borrowing or prepayment of Base Rate Loans 9:00 a.m. Relevant date Borrowing of, continuation of, prepayment of or conversion into Eurodollar Rate Loans 10:00 a.m. 3 Business Days prior to relevant date Voluntary Reduction of Commitments 10:00 a.m. 2 Business Days prior to relevant date Letter of Credit action 10:00 a.m. 5 Business Days prior to relevant date Funds made available by Lenders or Borrowers to Administrative Agent 11:00 a.m. Relevant date
Requisite Time means, with respect to any of the actions listed below, -------------- the time and date set forth below opposite such action (all times are local time (standard or daylight) as observed in the Governing State): Type of Action Time Date of Action ------------------------------------------------------------------------------------------------------ Delivery of Request for Extension of Credit for, or notice for: . Borrowing of, prepayment of, or Conversion 9:30 a.m. Same date as such Borrowing, into, Base Rate Loans prepayment or Conversion . Borrowing of, prepayment of, Continuation 10:00 a.m. 3 Business Days prior to such of, or Conversion into, Offshore Rate Loans Borrowing, prepayment or Conversion . Letter of Credit action 10:00 a.m. 2 Business Days prior to such action . Voluntary reduction in or termination of 10:00 a.m. 2 Business Days prior to such Commitments reduction or termination . Payments by Lenders or Borrower to 12:00 p.m. On date payment is due Administrative Agent
Requisite Time. With respect to any of the actions listed below, the time and date set forth below opposite such action: