Borrowing Mechanics for Loans. (i) To request a borrowing, Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than 1:00 p.m. (New York City time) three Business Days before the proposed Credit Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing. (ii) Each Lender shall make its Pro Rata Share of each Loan, if any, available to Administrative Agent not later than 2:00 p.m. (New York City time) on the Closing Date or such later date as specified in the Funding Notice, as applicable, by wire transfer of same day funds in Dollars, at the principal office designated by Administrative Agent. Upon satisfaction or waiver of the conditions precedent specified herein, Administrative Agent shall make the proceeds of the Loans, if any, available to Borrower on the Closing Date or such later date as specified in the Funding Notice, as applicable, by causing an amount of same day funds in Dollars equal to the proceeds of all such Loans received by Administrative Agent from Lenders to be credited to the account of Borrower at the Principal Office designated by Administrative Agent or to such other account as may be designated in writing to Administrative Agent by Borrower.
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Samples: Credit Agreement (Molycorp, Inc.), Credit Agreement (Molycorp, Inc.)
Borrowing Mechanics for Loans. (i) To request a borrowing, Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than 1:00 p.m. (New York City timex) one Business Day prior to the Closing Date with respect to Base Rate Loans or (y) three Business Days before prior to the proposed Credit DateClosing Date with respect to Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent). Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.
(ii) Each Lender shall make its Pro Rata Share of each Loan, if any, Initial Term Loan available to Administrative Agent not later than 2:00 p.m. 12:00 noon (New York City time) on the Closing Date or such later date as specified in the Funding Notice, as applicableDate, by wire transfer of same day funds in Dollars, at the principal office designated by Administrative Agent. Upon satisfaction or waiver of the conditions precedent specified herein, Administrative Agent shall make the proceeds of the Loans, if any, Initial Term Loans available to Borrower on the Closing Date or such later date as specified in the Funding Notice, as applicable, by causing an amount of same day funds in Dollars equal to the proceeds of all such Initial Term Loans received by Administrative Agent from Lenders to be credited to the account of Borrower at the Principal Office designated by Administrative Agent or to such other account as may be designated in writing to Administrative Agent by Borrower.
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Samples: Credit and Guaranty Agreement (Hamilton Lane INC), Credit and Guaranty Agreement (Hamilton Lane INC)
Borrowing Mechanics for Loans. (i) To request a borrowing, Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than 1:00 12:00 p.m. (New York City time) three on the Business Days Day before the proposed Credit Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.
(ii) Each Lender shall make its Pro Rata Share of each Loan, if any, Loan available to Administrative Agent not later than 2:00 12:00 p.m. (New York City time) on the Closing Date or such later date as specified in the Funding Notice, as applicableDate, by wire transfer of same day funds in Dollars, at the principal Principal office designated by Administrative Agent. Upon satisfaction or waiver of the conditions precedent specified herein, Administrative Agent shall make the proceeds of the Loans, if any, Loans available to Borrower on the Closing Date or such later date as specified in the Funding Notice, as applicable, by causing an amount of same day funds in Dollars equal to the proceeds of all such Loans received by Administrative Agent from Lenders to be credited to the account of Borrower at the Principal Office designated by Administrative Agent or to such other account as may be designated in writing to Administrative Agent by Borrower.
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Samples: Credit and Guaranty Agreement (Valeant Pharmaceuticals International)
Borrowing Mechanics for Loans. (i) To request a borrowing, Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than 1:00 p.m. (New York City time) at least three Business Days before in advance of the proposed Credit Closing Date, in the case of a Eurodollar Rate Loan, and at least one Business Day in advance of the Closing Date, in the case of a Base Rate Loan. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.
(ii) ; provided that Borrower shall have delivered to the Administrative Agent a funding indemnity letter reasonably satisfactory to the Administrative Agent concurrently with the Funding Notice. Each Lender shall make its Pro Rata Share of each Loan, if any, Loan available to Administrative Agent not later than 2:00 12:00 p.m. (New York City time) on the Closing Date or such later date as specified in the Funding Notice, as applicableDate, by wire transfer of same day funds in Dollars, at the principal office designated by Administrative Agent’s Principal Office. Upon satisfaction or waiver of the conditions precedent specified herein, Administrative Agent shall make the proceeds of the Loans, if any, Loans available to Borrower on the Closing Date or such later date as specified in the Funding Notice, as applicable, by causing an amount of same day funds in Dollars equal to the proceeds of all such Loans received by Administrative Agent from Lenders to be credited to the account of Borrower at the Administrative Agent’s Principal Office designated by Administrative Agent or to such other account as may be designated in writing to Administrative Agent by Borrower.
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Samples: Second Lien Credit and Guaranty Agreement (Paramount Acquisition Corp)
Borrowing Mechanics for Loans. (i) To request a borrowing, Borrower Company shall deliver to Administrative Agent a fully executed Funding Notice no later than 1:00 p.m. (New York City time) three Business Days before (or such shorter period as Administrative Agent may agree) prior to the proposed Credit Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.
(ii) Each Lender shall make its Pro Rata Share of each Loan, if any, Loan available to Administrative Agent not later than 2:00 12:00 p.m. (New York City time) on the Closing Date or such later date as specified in the Funding Notice, as applicableDate, by wire transfer of same day funds in Dollars, at the principal office Principal Office designated by Administrative Agent, or by such time and at such location as the Administrative Agent shall otherwise reasonably agree, including, without limitation, immediately prior to the Closing Date, to an escrow or restricted account subject to escrow, release and collateral documentation reasonably satisfactory to the Administrative Agent, in connection with the Tender Offer. Upon satisfaction or waiver of the conditions precedent specified herein, Administrative Agent shall make the proceeds of the Loans, if any, Loan available to Borrower Company on the Closing Date or such later date as specified in the Funding Notice, as applicable, by causing an amount of same day funds in Dollars equal to the proceeds of all such Loans received by Administrative Agent from Lenders to be credited to the account of Borrower Company at the Principal Office designated by Administrative Agent or to such other account as may be designated in writing to Administrative Agent by BorrowerCompany.
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Samples: Second Lien Credit and Guaranty Agreement (X Rite Inc)
Borrowing Mechanics for Loans. (i) To request a borrowing, Borrower shall deliver to Administrative Agent a fully executed Funding Notice no of Borrowing appropriately completed and signed by an Authorized Officer of the Borrower, such notice to be received not later than 1:00 p.m. (New York City time) three one Business Days Day before the proposed Credit DateClosing Date (or such shorter period as may be acceptable to the Administrative Agent in its discretion). Promptly upon receipt by Administrative Agent of such Funding NoticeNotice of Borrowing, Administrative Agent shall notify each Lender of the proposed borrowing.
(ii) Each Upon satisfaction or waiver of the applicable conditions set forth in Section 3.1 each Lender shall make the amount of its Pro Rata Share of each Loan, if any, Loan available to the Administrative Agent not later than 2:00 p.m. (New York City time) 9:30 a.m. on the Closing Date or such later date as specified in the Funding Notice, as applicableDate, by wire transfer of same day funds in Dollars, at the principal office Principal Office designated by the Administrative Agent. Upon satisfaction or waiver of such conditions precedent, the conditions precedent specified herein, Administrative Agent shall make the proceeds of the Loans, if any, Loans available to the Borrower on the Closing Date or such later date as specified in the Funding Notice, as applicable, by causing an amount of same day funds in Dollars equal to the proceeds of all such Loans received by the Administrative Agent from Lenders to be credited to the account of the Borrower at the Principal Office designated by the Administrative Agent or to such other account as may be designated in writing to the Administrative Agent by the Borrower.
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Borrowing Mechanics for Loans. (i) To request a borrowing, The Borrower shall deliver to Administrative Agent a fully executed Funding Notice (which may be given by electronic mail, including with electronic signature thereto) no later than 1:00 p.m. (New York City timei) three in the case of Base Rate Loans, 1 Business Days before Day and (ii) in the proposed Credit case of Eurodollar Rate Loans, 3 Business Days, in each case, prior to the Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowingBorrowing.
(ii) Each Person that is a Lender on the Closing Date shall make its Pro Rata Share of each Loan, if any, Initial Loan available to the Administrative Agent not later than 2:00 p.m. 11:00 a.m. (New York City time) on the Closing Date or such later date as specified in the Funding Notice, as applicableDate, by wire transfer of same day funds in Dollars, at the principal office Principal Office designated by the Administrative Agent. Upon satisfaction or waiver of the conditions precedent specified herein, the Administrative Agent shall make the proceeds of the Loans, if any, Initial Loans available to the Borrower on the Closing Date or such later date as specified in the Funding Notice, as applicable, by causing an amount of same day funds in Dollars equal to the proceeds of all such Initial Loans received by the Administrative Agent from the Lenders to be credited to the account of the Borrower at the Principal Office designated by Administrative Agent or to such other account as may be designated in writing to Administrative Agent by the Borrower.
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Samples: Senior Subordinated Bridge Loan Agreement (Source Interlink Companies Inc)