Requested Loans. To request a Revolving Loan or a Swingline Loan on behalf of a Borrower, the Administrative Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form of Exhibit F hereto (a “Notice of Borrowing”) not later than 11:00 a.m. (i) on the same Business Day as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each Eurodollar Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof, (y) with respect to Eurodollar Rate Loans in an aggregate principal amount of $2,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Loan or Swingline Loan, (D) in the case of a Revolving Loan, whether the Loans are to be Eurodollar Rate Loans or Base Rate Loans, and (E) in the case of a Eurodollar Rate Loan, the duration of the Interest Period applicable thereto. A Notice of Borrowing received after 11:00 a.m. shall be deemed received on the next Business Day. Any Loan or any portion thereof as to which the Administrative Borrower has not duly specified an interest rate as provided herein shall be deemed a Base Rate Loan in the case of a Revolving Loan, and any Eurodollar Rate Loan for which the Administrative Borrower fails to specify an Interest Period shall be deemed to have an Interest Period of one (1) month. The Administrative Agent shall promptly notify the Lenders of each Notice of Borrowing.
Requested Loans. In addition to any Sweep Arrangement, the Borrower may request Revolving Credit Loans by giving the Lender irrevocable prior written notice substantially in the form of Exhibit B (a “Notice of Borrowing”) (or by electronic or telephonic notice as set forth below) not later than 11:00 a.m. (i) on the same Business Day as each Base Rate Loan and (ii) at least five (5) U.S. Government Securities Business Days before each Daily Simple SOFR Loan and (iii) at least three (3) U.S. Government Securities Business Days before each Term SOFR Loan, of its intention to borrow. The Borrower authorizes the Lender to disburse the proceeds of each Revolving Credit Loan by crediting or wiring such proceeds to the deposit account of the Borrower identified to Lender in writing from time to time.
Requested Loans. Subject to the terms and conditions set forth herein, the Banks shall, from time to time during the Availability Period at the request of the Borrower, make one or more Dollar denominated Loans to the Borrower in an aggregate principal amount that will not result in (i) the aggregate amount of the Total Exposures exceeding the aggregate amount of the Funding Amounts or (ii) the L/C Exposure exceeding the balance of the Credit-Linked Deposit Account (excluding any portion of the Credit-Linked Deposit Account attributable to interest). Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans. Loans shall constitute utilization of the Funding Amounts.
Requested Loans. In addition to any Sweep Arrangement, the Borrower may request Revolving Credit Loans by giving the Lender irrevocable prior written notice substantially in the form of Exhibit B (a “Notice of Borrowing”) (or by electronic or telephonic notice as set forth below) not later than 11:00 a.m. (i) on the same Business Day as each Base Rate Loan and LIBOR Market Index Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow. The Borrower authorizes the Lender to disburse the proceeds of each Revolving Credit Loan by crediting or wiring such proceeds to the deposit account of the Borrower identified to Lender in writing from time to time.
Requested Loans. The Borrower may request Revolving Credit Loans by giving the Lender irrevocable prior written notice substantially in the form of Exhibit B (a “Notice of Borrowing”) (or by electronic notice as set forth below) not later than 1:00 p.m. (New York City time) (i) three (3) Business Days prior to the date of the requested borrowing date (or such shorter period as may be agreed to by the Lender) in the case of a LIBOR Rate Loan or (ii) one (1) Business Day prior to the date of the requested borrowing date (or such shorter period as may be agreed to by the Lender) in the case of a Base Rate Loan. Each Revolving Credit Loan may only be requested in a minimum amount of $100,000.00. The Borrower authorizes the Lender to disburse the proceeds of each Revolving Credit Loan by crediting or wiring such proceeds to the deposit account of the Borrower identified to Lender in writing from time to time.
