Borrowing/Election Notice. In accordance with Section 2.13, the Borrower may telephonically request Advances hereunder, provided, however, that immediately following any telephonic request the Borrower shall deliver to the Administrative Agent a written confirmation of such telephonic request. If a telephonic request is not made with respect to any Advance in accordance with Section 2.13, then the Borrower shall deliver to the Administrative Agent a Borrowing/Election Notice, signed by it, in accordance with the terms of Section 2.7, in order to request such Advance. In either case, the Administrative Agent shall promptly notify each Lender of such request.
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. In accordance with Section 2.13, the Borrower may telephonically request Advances hereunder, provided, however, that immediately following any telephonic request the Borrower shall deliver to the Administrative Agent a written confirmation of such telephonic request. If a telephonic request is not made with respect to any Advance in accordance with Section 2.13, then the Borrower shall deliver to the Administrative Agent a Borrowing/Election Notice, signed by it, in accordance with the terms of Section 2.7, in order to request such Advance. In either case, the Administrative Agent shall promptly notify each Lender of such request.
Appears in 2 contracts
Samples: Credit Agreement (Woodward Governor Co), Credit Agreement (Quixote Corp)
Borrowing/Election Notice. In accordance with Section SECTION 2.13, the Borrower may telephonically request Advances hereunder, provided, however, that immediately following any telephonic request the Borrower shall deliver to the Administrative Agent a written confirmation of such telephonic request. If a telephonic request is not made with respect to any Advance in accordance with Section SECTION 2.13, then the Borrower shall deliver to the Administrative Agent a Borrowing/Election Notice, signed by it, in accordance with the terms of Section SECTION 2.7, in order to request such Advance. In either case, the Administrative Agent shall promptly notify each Lender of such request.
Appears in 1 contract
