Notice of Syndicated Borrowing definition

Notice of Syndicated Borrowing has the meaning assigned to that term in Section 2.02.
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Notice of Syndicated Borrowing has the meaning assigned to that term in Section 2.01(b) hereof and shall be substantially in the form of Exhibit D-1 hereto.
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Notice of Syndicated Borrowing shall have the meaning ascribed thereto in Section 3.7(a).
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Examples of Notice of Syndicated Borrowing in a sentence

  • Promptly after receipt of a Notice of Syndicated Borrowing pursuant to Section 2.01(b) (or telephonic notice in lieu thereof) with respect to a Syndicated Loan, the Administrative Agent shall notify each Bank of the proposed borrowing.

  • Such Loans of a Bank shall be equal to such Bank's pro rata Share of the aggregate amount of all such Loans requested by the applicable Borrower pursuant to the applicable Notice of Syndicated Borrowing.

  • Except as provided in Sections 2.01(c) and 2.12(d), a Notice of Syndicated Borrowing for a Eurocurrency Rate Loan (or telephonic notice in lieu thereof) shall be irrevocable on and after the related Interest Rate Determination Date, and the applicable Borrower shall be bound to make a borrowing in accordance therewith.

  • If no election of a Type of Syndicated Borrowing is specified in any such Notice of Syndicated Borrowing, the Borrower shall be deemed to have requested a Syndicated Borrowing comprised of Base Rate Loans.

  • The Company shall give the Agent written notice in substantially the form attached hereto as Exhibit C (a "Notice of Syndicated Borrowing") (a) not later than 12:00 p.m. (Detroit time) on the Business Day of each Floating Rate Borrowing, and (b) not later than 11:00 a.m. (Detroit time) on (i) the second Business Day before each CD Rate Borrowing, and (ii) the third Business Day before each Eurodollar Rate Syndicated Borrowing, specifying: MASCOTECH, INC.

  • Each such Notice of Syndicated Borrowing shall specify (i) that the Syndicated Borrowing is being requested pursuant to this Agreement, (ii) the proposed Borrowing Date of such Syndicated Borrowing (which shall be a Business Day); (iii) the principal amount of such Syndicated Borrowing; (iv) the Type of Syndicated Borrowing; and (v) in the case of a Syndicated Borrowing comprised of LIBO Rate Loans, the initial Interest Period for such Syndicated Borrowing.

  • The Administrative Agent shall promptly advise the Lenders in writing of any Notice of Syndicated Borrowing given pursuant to this Section 2.5 and of each such Lender's portion of the requested Syndicated Borrowing.

  • Except as provided in Section 2.10(d), a Notice of Syndicated Borrowing for a Eurodollar Rate Loan (or telephonic notice in lieu thereof) shall be irrevocable on and after the related Interest Rate Determination Date, and the Company shall be bound to make a borrowing in accordance therewith.

  • In the case of any Eurocurrency Borrowing in a currency other than Dollars or an Agreed Alternative Currency, the fact that no Lender shall have notified the Administrative Agent (which shall promptly notify the Borrower and the other Lenders) within two Business Days of such Lender's receipt of the Notice of Syndicated Borrowing for such Eurocurrency Borrowing that deposits in the relevant currency are not available to such Lender in the applicable interbank market for the relevant Interest Period.

  • Promptly after receipt by Agent of such Borrower's Notice of Syndicated Borrowing, Agent shall deliver an Agent's Notice of Syndicated Borrowing to each Bank in writing or by telephone.


More Definitions of Notice of Syndicated Borrowing

Notice of Syndicated Borrowing shall have the meaning ascribed thereto in Section 3.2. MASCOTECH, INC. CREDIT AGREEMENT
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Notice of Syndicated Borrowing has the meaning set forth in Section 4.01
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Related to Notice of Syndicated Borrowing

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Notice of Swingline Borrowing means a notice substantially in the form of Exhibit G (or such other form reasonably acceptable to the Administrative Agent and containing the information required in such Exhibit) to be delivered to the Swingline Lender pursuant to Section 2.4.(b) evidencing the Borrower’s request for a Swingline Loan.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Mandatory Borrowing shall have the meaning provided in Section 2.1(d).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

  • Borrowing Notice is defined in Section 2.8.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit C.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Canadian Borrowing means a Borrowing of Canadian Loans.