Common use of LIBOR Borrowing Clause in Contracts

LIBOR Borrowing. (a) Each request by the Company for a LIBOR Borrowing shall be made pursuant to a Request for Borrowing received by the Agent, at the Agent's office, not later than 9:00 a.m., California time, at least two (2) LIBOR Banking Days (or three (3) if the LIBOR Borrowing is to be more than $15,000,000) before the first day of the applicable LIBOR Period. The Agent will notify each Bank of its receipt of a Request for Borrowing in accordance with Section 3.1(f). --------------

Appears in 3 contracts

Samples: Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Standard Pacific Corp /De/), Revolving Credit Agreement (Standard Pacific Corp /De/)

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LIBOR Borrowing. (a) Each request by the Company for a LIBOR Borrowing shall be made pursuant to a Request for Borrowing received by the Agent, at the Agent's office, not later than 9:00 a.m., California time, at least two three (23) LIBOR Banking Days (or three (3) if the LIBOR Borrowing is to be more than $15,000,000) before the first day of the applicable LIBOR Period. The Agent will notify each Bank of its receipt of a Request for Borrowing in accordance with Section 3.1(f). --------------

Appears in 1 contract

Samples: Revolving Credit Agreement (Standard Pacific Corp /De/)

LIBOR Borrowing. (a1) Each request by the Company for a LIBOR Borrowing shall be made pursuant to a Request for Borrowing received by the Agent, at the Agent's office, not later than 9:00 a.m., California time, at least two three (23) LIBOR Banking Days (or three (3) if the LIBOR Borrowing is to be more than $15,000,000) before the first day of the applicable LIBOR Period. The Agent will notify each Bank of its receipt of a Request for Borrowing in accordance with Section SECTION 3.1(f). --------------.

Appears in 1 contract

Samples: Revolving Credit Agreement (Castle & Cooke Inc/Hi/)

LIBOR Borrowing. (a) Each request by the Company for a LIBOR Borrowing shall be made pursuant to a Request for Borrowing Borrowing, executed by a Designated Responsible Official, received by the Agent, at the Agent's office, not later than 9:00 a.m., California time, at least two three (23) LIBOR Banking Days (or three (3) if the LIBOR Borrowing is to be more than $15,000,000) before the first day of the applicable LIBOR Period. The Agent will notify each Bank of its receipt of a Request for Borrowing in accordance with Section 3.1(f). --------------.

Appears in 1 contract

Samples: Credit Agreement (Pan Pacific Retail Properties Inc)

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LIBOR Borrowing. (a) Each request by the Company for a LIBOR Borrowing shall be made pursuant to a Request for Borrowing Borrowing, executed by a Designated Responsible Official, received by the Agent, at the Agent's office, not later than 9:00 a.m., California time, at least two three (23) LIBOR Banking Days (or three (3) if the LIBOR Borrowing is to be more than $15,000,000) before the first day of the applicable LIBOR Period. The Agent will notify each Bank of its receipt of a Request for Borrowing in accordance with Section SECTION 3.1(f). --------------.

Appears in 1 contract

Samples: Credit Agreement (Pan Pacific Retail Properties Inc)

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