Borrower’s Notice. On each Funding Date and on the date of each Reinvestment of Principal Collections pursuant to Section 2.14(a)(i) or acquisition by the Borrower of Loans in connection with a Substitution pursuant to Section 2.14(b), the Borrower will provide the applicable Borrower’s Notice and a Borrowing Base Certificate, each updated as of such date, to the Administrative Agent (with a copy to the Collateral Agent).
Borrower’s Notice. On each Cut-Off Date, each Advance Date and on the date of each Reinvestment of Principal Collections pursuant to Section 2.14(a)(i), the Borrower will provide the applicable Borrower’s Notice and a Borrowing Base Certificate, each updated as of such date, to the Administrative Agent (with a copy to the Collateral Agent).
Borrower’s Notice. (i) On the date of each Advance, the Borrower (and the Collateral Manager on its behalf) will provide the Funding Notice and a Borrowing Base Certificate, each updated as of such date, to the Administrative Agent (with a copy to the Collateral Custodian) and (ii) on the date of each reinvestment of Principal Collections under Section 2.7(d), the Borrower (and the Collateral Manager on its behalf) will provide the Reinvestment Notice to the Administrative Agent (with a copy to the Collateral Custodian).
Borrower’s Notice. On the date of each Transaction, the Borrower (and the Collateral Manager on its behalf) will provide the applicable Borrower’s Notice and a Borrowing Base Certificate, each updated as of such date, to the Administrative Agent (with a copy to the Collateral Custodian).
Borrower’s Notice. Upon the occurrence of an Event of Loss, if the Project is to be restored or repaired in accordance with Section 6.26(b) or (c) of the Common Agreement, the Borrower shall, on the first Business Day of each month until such restoration and repair has been completed and the contractors performing such restoration or repair work have been paid in full, deliver to the Collateral Agent and the Loan Servicer the following:
(a) A detailed summary of the work performed in connection with any such restoration or repair during the preceding month and the itemized expenses that are then due and payable, together with copies of all invoices, conditional (upon payment only) lien waivers from the contractors performing such restoration or repair work and other information and documents reasonably requested by the Loan Servicer with respect to such work and expenses; and
(b) Proposed Transfer/Withdrawal Instructions directing the Collateral Agent to disburse to the contractors performing such restoration or repair work amounts constituting Loss Proceeds on deposit in the Loss Proceeds Account in the respective amounts then due and payable to such contractors.
Borrower’s Notice. Borrower agrees that the Agent and each Lender may rely on any telephonic or facsimile notice given by any Person it in good faith believes is an Authorized Officer of Borrower without the necessity of independent investigation and that, if any notice of a borrowing or a continuation or conversion of a borrowing is given by telephone it shall be promptly confirmed in writing pursuant to a Request for Advance and that if any such notice by telephone conflicts with any written confirmation, such telephonic notice shall govern if the Agent or any Lender has acted in reliance thereon. If Borrower fails to make timely any election pursuant to Section 2.4(e) prior to any Interest Adjustment Date, the Revolving Loans which are LIBOR Rate Loans subject to such Interest Adjustment Date shall automatically convert to Variable Rate Loans on such Interest Adjustment Date and Term Loan B subject to such Interest Adjustment Date shall automatically be continued for an Interest Period having a duration of one (1) month, or if Borrower fails to give timely notice pursuant to Section 2.4(b) of a borrowing of Revolving Loans to pay outstanding Reimbursement Obligations on the day such Reimbursement Obligation becomes due that it intends to repay such Reimbursement Obligation with funds not borrowed hereunder, Borrower shall be deemed to have requested the advance of a new borrowing of Revolving Loans which are Variable Rate Loans on such day in the amount of the Reimbursement Obligation then due, which borrowing shall be deemed to have been funded on such day to pay the Reimbursement Obligation then due, in each case so long as no Default or Event of Default shall have occurred and be continuing or would occur as a result of such Borrowing but otherwise disregarding the conditions to a Borrowing set forth in Article V.
Borrower’s Notice. OnWith respect to each Funding Date and on, the Borrower (or the Collateral Manager on its behalf) will provide the Funding Notice and a Borrowing Base Certificate, each updated as of such date, to the Administrative Agent (with a copy to the Collateral Custodian). On the date of each Reinvestment of Principal Collections pursuant to Section 2.14(a)(i) or acquisition by the Borrower of Loans in connection with a Substitution pursuant to Section 2.14(b), the Borrower (or the initial Collateral Manager on its behalf) will provide the applicable Borrower’s Notice and a Borrowing Base Certificate, each updated as of such date,Collateral Manager on its behalf) shall instruct the Collateral Custodian to disburse funds from the Principal Collection Account in connection with such Transaction, and on the Measurement Date related to such Transaction, will provide the Reinvestment Notice and a Borrowing Base Certificate, each updated as of such Measurement Date, to the Administrative Agent (with a copy to the Collateral Custodian).
Borrower’s Notice. Borrowers shall notify the Administrative Agent in writing of any election to terminate or reduce the Commitments under Section 2.07(b) at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice, the Administrative Agent shall advise the Lenders of the contents thereof. Each notice delivered by Borrowers pursuant to this Section shall be irrevocable. Any termination or reduction of the Commitments of any Class shall be permanent. Each reduction of the Commitments of any Class shall be made ratably among the Lenders in accordance with their respective Commitments of such Class.
