Common use of Borrowing/Election Notice Clause in Contracts

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

Appears in 14 contracts

Samples: Incremental Term Loan Amendment and Refinancing Amendment (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings, Inc.)

AutoNDA by SimpleDocs

Borrowing/Election Notice. The Borrower shall give the Administrative -------------------------- Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Energizer Holdings Inc), 364 Day Credit Agreement (Energizer Holdings Inc), Revolving Credit Agreement (Ralston Purina Co)

Borrowing/Election Notice. The Subject to clause (B) above, the Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Eurocurrency Rate Loan or continuation of a Eurodollar Eurocurrency Rate Loan not later than 11:00 a.m. 12:00 noon (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Eurocurrency Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Woodward, Inc.), Term Loan Credit Agreement (Woodward Governor Co), Term Loan Credit Agreement (Woodward Governor Co)

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable notice (a “Borrowing/Election Notice Notice”) of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. 12:00 noon (Chicago Chicago, Illinois time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i1) the requested date (which shall be a Business Day) of such conversion or continuation; (ii2) the amount and Type of the Loan to be converted or continued; and (iii3) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, continued and the duration of the Interest Period applicable thereto.

Appears in 3 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable notice (a "Borrowing/Election Notice Notice") of each conversion of a Floating Rate Loan into a Eurodollar Eurocurrency Rate Loan or continuation of a Eurodollar Eurocurrency Rate Loan not later than 11:00 a.m. (Chicago Miami time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i1) the requested date (which shall be a Business Day) of such conversion or continuation; (ii2) the amount and Type of the Loan to be converted or continued; and (iii3) the amount of Eurodollar Eurocurrency Rate Loan(s) ), if applicable, into which such Loan is to be converted or continued, continued and the duration of the Interest Period applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Steiner Leisure LTD), Credit Agreement (Steiner Leisure LTD)

Borrowing/Election Notice. The Borrower Company (on behalf of itself or any Subsidiary Borrower) shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Eurocurrency Rate Loan or continuation of a Eurodollar Eurocurrency Rate Loan not later than 11:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, with respect to any Loan to be converted or continued as a Eurocurrency Rate Loan, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Eurocurrency Rate Loan(s) into which such Loan is to be converted or continued, the Agreed Currency and the duration of the Interest Period applicable thereto.

Appears in 2 contracts

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

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable notice (a "Borrowing/Election Notice Notice") of each conversion of a Floating Rate Loan into a Eurodollar Eurocurrency Rate Loan or continuation of a Eurodollar Eurocurrency Rate Loan not later than 11:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i1) the requested date (which shall be a Business Day) of such conversion or continuation; (ii2) the amount and Type of the Loan to be converted or continued; and (iii3) the amount of Eurodollar Eurocurrency Rate Loan(s) ), if applicable, into which such Loan is to be converted or continued, the Agreed Currency and the duration of the Interest Period applicable thereto.. Conversion/

Appears in 2 contracts

Samples: Credit Agreement (Steiner Leisure LTD), Credit Agreement (Steiner Leisure LTD)

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable Borrowingnotice (a "BORROWING/Election Notice ELECTION NOTICE") of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. 12:00 noon (Chicago Chicago, Illinois time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: : (i1) the requested date (which shall be a Business Day) of such conversion or continuation; (ii2) the amount and Type of the Loan to be converted or continued; and (iii3) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, continued and the duration of the Interest Period applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate an ABR Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. (Chicago New York City time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

Appears in 2 contracts

Samples: Refinancing Amendment (Inovalon Holdings, Inc.), Credit Agreement (Inovalon Holdings, Inc.)

AutoNDA by SimpleDocs

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 10:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: : (i1) the requested date (which shall be a Business Day) of such conversion or continuation; (ii2) the amount and Type of the Loan to be converted or continued; and (iii3) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

Borrowing/Election Notice. The applicable Borrower shall give the Administrative Agent an irrevocable Borrowingnotice (a "BORROWING/Election Notice ELECTION NOTICE") of each conversion of a Floating Rate Loan into a Eurodollar Eurocurrency Rate Loan or continuation of a Eurodollar Eurocurrency Rate Loan not later than 11:00 a.m. 12:00 p.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: : (i1) the requested date (which shall be a Business Day) of such conversion or continuation; (ii2) the amount and Type of the Loan to be converted or continued; and (iii3) the amount of Eurodollar Eurocurrency Rate Loan(s) ), if applicable, into which such Loan is to be converted or continued, the Agreed Currency and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Sybron Dental Specialties Inc)

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 10:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: or (i1) the requested date (which shall be a Business Day) of such conversion or continuation; (ii2) the amount and Type of the Loan to be converted or continued; and (iii3) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Catalina Marketing Corp/De)

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable Borrowingnotice (a "BORROWING/Election Notice ELECTION NOTICE") of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 10:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: : (i1) the requested date (which shall be a Business Day) of such conversion or continuation; (ii2) the amount and Type of the Loan to be converted or continued; and (iii3) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Huttig Building Products Inc)

Borrowing/Election Notice. The Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. noon (Chicago New York time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Energizer Holdings Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!