Common use of Additional Provisions for Requests for Revolver Loans Clause in Contracts

Additional Provisions for Requests for Revolver Loans. Bank, in its discretion, may require from Borrower a signed written request for a Revolver Loan in form of a Notice of Borrowing satisfactory to Bank, which request shall be irrevocable and shall be delivered to Bank no later than 11:00 a.m. (local time in Charlotte, North Carolina) on the date determined in accordance with Section 2.5.1, and shall set forth the calculation of the Borrowing Base and a reconciliation to the previous request or Borrowing Base Certificate, specify the information required by Section 2.5.1 for the proposed Revolver Loan and provide such other information as Bank may require.

Appears in 2 contracts

Samples: Loan and Security Agreement (Primo Water Corp), Loan and Security Agreement (Primo Water Corp)

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Additional Provisions for Requests for Revolver Loans. Bank, in its discretion, may require from Borrower a signed written request for a Revolver Loan in form of a Notice of Borrowing satisfactory to Bank, which request shall be irrevocable and shall be delivered to Bank no later than 11:00 a.m. (local time in Charlotte, North Carolina) on the date determined in accordance with Section 2.5.1, and shall set forth the calculation of the Borrowing Base and a reconciliation to the previous request or Borrowing Base Certificate, specify the information required by Section 2.5.1 for the proposed Revolver Loan and provide such other information as Bank may reasonably require.

Appears in 1 contract

Samples: Loan and Security Agreement (Vitacost.com, Inc.)

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Additional Provisions for Requests for Revolver Loans. Bank, in its discretionPermitted Discretion, may require from Borrower Borrowers a signed written request for a Revolver Loan in form of a Notice of Borrowing satisfactory to Bank, in the form of the Notice of Borrowing attached hereto as Exhibit β€œ2.5.2” which request shall be irrevocable and shall be delivered to Bank no later than 11:00 a.m. 12:00 p.m. (local time in Charlotte, North Carolina) on the date determined in accordance with Section 2.5.1, and shall set forth the calculation of the Borrowing Base and a reconciliation to the previous request or Borrowing Base Certificate, specify the information required by Section 2.5.1 for the proposed Revolver Loan and provide such other information as Bank may require.

Appears in 1 contract

Samples: Loan and Security Agreement (Adams Golf Inc)

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