Common use of Borrowing/Conversion/Continuation Notice Clause in Contracts

Borrowing/Conversion/Continuation Notice. The Borrower shall deliver to the Agent and the Swing Line Bank a Borrowing/Conversion/Continuation Notice, signed by it, not later than 2:00 p.m. (Chicago time) on the Borrowing Date of each Swing Line Loan, specifying (i) the applicable Borrowing Date (which date shall be a Business Day and which may be the same date as the date the Borrowing/Conversion/Continuation Notice is given), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $200,000. The Swing Line Loans shall at all times be Floating Rate Loans.

Appears in 4 contracts

Samples: Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc)

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Borrowing/Conversion/Continuation Notice. The Borrower (on behalf of itself or any Subsidiary Borrower) shall deliver to the Agent and the Swing Line Bank a Borrowing/Conversion/Continuation Notice, signed by it, not later than 2:00 p.m. (Chicago time) on the Borrowing Date of each Swing Line Loan, specifying (i) the applicable Borrowing Date (which date shall be a Business Day and which may be the same date as the date the Borrowing/Conversion/Continuation Notice is given), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $200,000. The Swing Line Loans shall at all times be Floating Rate Loans.

Appears in 2 contracts

Samples: Credit Agreement (Schawk Inc), Credit Agreement (Schawk Inc)

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Borrowing/Conversion/Continuation Notice. The Borrower shall deliver to the Agent and the Swing Line Bank a Borrowing/Conversion/Continuation Notice, signed by it, not later than 2:00 p.m. (Chicago time) on the Borrowing Date of each Swing Line Loan, specifying (i) the applicable Borrowing Date (which date shall be a Business Day and which may be the same date as the date the Borrowing/Conversion/Continuation Notice is given), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $200,000100,000. The Swing Line Loans shall at all times be Floating Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Ifr Systems Inc)

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