Common use of Borrowing Mechanics for Term Loans Clause in Contracts

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day prior to the Funding Date with respect to Base Rate Loans and (y) three days prior to the Funding 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 Term Loan Lender of the proposed borrowing.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Atlantic Power Corp), Operations and Maintenance Agreement (Atlantic Power Corp)

AutoNDA by SimpleDocs

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than three (x3) one day Business Days prior to the Funding Closing Date with respect to Base Rate Loans and (y) three days prior to the Funding Date with respect to Eurodollar Rate Term 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 Term Loan Lender of the proposed borrowing.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (fuboTV Inc. /FL), Credit and Guaranty Agreement (FaceBank Group, Inc.)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day prior to the Funding Closing Date with respect to Base Rate Loans and (y) three (3) days prior to the Funding Closing 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 Term Loan Lender of the proposed borrowing.

Appears in 2 contracts

Samples: Second Lien Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC), First Lien Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day Business Day prior to the Funding Date with respect to Base Rate Loans and (y) three days prior to the Funding Date with respect to Eurodollar LIBO 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 Term Loan Lender of the proposed borrowing.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Cheniere Energy Partners, L.P.), Credit and Guaranty Agreement

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (xi) one day prior to the Funding Closing Date with respect to for Base Rate Loans Loans, and (yii) three days prior to the Funding Closing Date with respect to for Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Loans. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 2 contracts

Samples: First Lien Credit and Guaranty Agreement (Movie Gallery Inc), Credit and Guaranty Agreement (Movie Gallery Inc)

Borrowing Mechanics for Term Loans. (i) Subject to Section 2.25, Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day prior to the Funding Date with respect to Base Rate Loans and (y) three days prior to the Funding Date with respect to Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing. Notwithstanding the foregoing, the Administrative Agent may agree to shorter time periods with respect to the Funding Notice to be delivered on the Closing Date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Digitalglobe, Inc.), Credit and Guaranty Agreement (Digitalglobe, Inc.)

Borrowing Mechanics for Term Loans. (i) Subject to Section 3.2(b), Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day prior to on the Funding Closing Date with respect to Base Rate Loans and (y) at least three days Business Days prior to the Funding Closing 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 Term Loan Lender of the proposed borrowing.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (TerraForm Power, Inc.), Credit and Guaranty Agreement

Borrowing Mechanics for Term Loans. (i) Borrower shall will deliver to Administrative Agent a fully executed Funding Borrowing Notice no later than (x) one day prior to the Funding Closing Date with respect to Base Rate Loans and (y) three days (3) Business Days prior to the Funding Closing Date with respect to Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent). Promptly upon receipt by When Administrative Agent of such Funding receives this Borrowing Notice, Administrative Agent shall will promptly notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Inovalon Holdings, Inc.)

Borrowing Mechanics for Term Loans. (ia) Borrower the Company shall deliver to the Administrative Agent a fully executed Funding Notice of Borrowing no later than (xi) three (3) days prior to the Closing Date with respect to Eurodollar Rate Loans to be made on the Closing Date or (ii) one (1) day prior to the Funding Closing Date with respect to Base Rate Loans and (y) three days prior to be made on the Funding Date with respect to Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Closing Date. Promptly upon receipt by the Administrative Agent of such Funding Notice, the Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit Agreement (Transportation Technologies Industries Inc)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (xA) one day Business Day prior to the Funding Closing Date with respect to in the case of Base Rate Loans Loans, and (yB) three days Business Days prior to the Funding Closing Date with respect to Eurodollar in the case of LIBOR Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Loans. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aurora Diagnostics Holdings LLC)

Borrowing Mechanics for Term Loans. (ia) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (xi) one day in the case of Base Rate Loans, 1 Business Day and (ii) in the case of Eurodollar Rate Loans, 3 Business Days, in each case, prior to the Funding Date with respect to Base Rate Loans and (y) three days prior to the Funding Date with respect to Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Fedders Corp /De)

Borrowing Mechanics for Term Loans. (i) The Borrower shall deliver to the Administrative Agent a fully executed Funding Notice no later than (x) one day Business Day prior to the Funding Closing Date with respect to Base Rate Loans and (y) three days prior to the Funding Closing Date with respect to Eurodollar Rate Loans (or such shorter period later time as may be acceptable to the Administrative Agent). Promptly upon receipt by the Administrative Agent of such Funding Notice, the Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit Agreement (Fortress Transportation & Infrastructure Investors LLC)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (xi) one day prior to the Funding Full Availability Closing Date with respect to for Base Rate Loans Loans, and (yii) three days prior to the Funding Full Availability Closing Date with respect to for Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Loans. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Movie Gallery Inc)

Borrowing Mechanics for Term Loans. (i) Borrower Company shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day three Business Days prior to the Funding Closing Date with respect to Base (in the case of Eurodollar Rate Loans Loans) and (y) three days one Business Day prior to the Funding Closing Date with respect to Eurodollar (in the case of Base Rate Loans (or such shorter period as may be acceptable to Administrative AgentLoans). Promptly upon receipt by Administrative Agent of such Funding NoticeCertificate, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Belden & Blake Corp /Oh/)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent Agents a fully executed Funding Notice no later than (xy) one day three Business Days prior to the Term Loan Funding Date with respect to Base in the case of Term Loans which are Eurodollar Rate Loans and (yz) three days one Business Day prior to the Term Loan Funding Date with respect to Eurodollar in the case of Term Loans which are Base Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Loans. Promptly upon receipt by Administrative Agent Agents of such Funding Noticenotice, Administrative Agent Agents shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: First Lien Credit and Guaranty Agreement (Gentek Inc)

Borrowing Mechanics for Term Loans. (i) Subject to Section 2.25, Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day prior to the Funding Date with respect to Base Rate Loans and (y) three days prior to the Funding Date with respect to Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Digitalglobe Inc)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day Business Day prior to the Funding Closing Date with respect to for Base Rate Loans Loans, and (y) three days Business Days prior to the Funding Closing Date with respect to for Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Loans. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit Agreement (Regal Entertainment Group)

AutoNDA by SimpleDocs

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day prior to the Funding Closing Date with respect to Base Rate Loans and (y) three days Business Days prior to the Funding Closing 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 Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (TerraForm Power, Inc.)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (xy) one day three Business Days prior to the Term Loan Funding Date with respect to Base in the case of Term Loans which are Eurodollar Rate Loans and (yz) three days one Business Day prior to the Term Loan Funding Date with respect to Eurodollar in the case of Term Loans which are Base Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Loans. Promptly upon receipt by Administrative Agent of such Funding Noticenotice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Gentek Inc)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day prior to the Funding Closing Date with respect to Base Rate Loans and (y) three days prior to the Funding Closing 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 Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Intercreditor Agreement (Alion Science & Technology Corp)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than one (x1) one day Business Day prior to the Funding Closing Date with respect to for Base Rate Loans and no later than three (y3) three days Business Days prior to the Funding Closing Date with respect to for Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Loans. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aeroflex Inc)

Borrowing Mechanics for Term Loans. (i) Borrower Company shall deliver to Administrative Agent a fully executed Funding Notice for the Term Loans no later than (x) one day three (3) Business Days prior to the Funding Closing Date with respect to Eurodollar Rate Loans to be made on the Closing Date or (y) one (1) Business Day prior to the Closing Date with respect to Base Rate Loans and (y) three days prior to be made on the Funding Date with respect to Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Services International LLC)

Borrowing Mechanics for Term Loans. (i) The Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day Business Day prior to the Funding Closing Date with respect to Base Rate Loans and (y) three days prior to the Funding Closing Date with respect to Eurodollar Rate Loans (in each case or such shorter period as may be acceptable to Administrative Agent). Promptly upon receipt by the Administrative Agent of such Funding Notice, the Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Solera Holdings, Inc)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed and delivered Funding Notice no later than (x) one day Business Day prior to the Funding Closing Date with respect to in the case of a Base Rate Loans Loan and (yii) three days Business Days prior to the Funding Closing Date with respect to in the case of a Eurodollar Rate Loans (or such shorter period as may be acceptable to Administrative Agent)Loan. Promptly upon receipt by Administrative Agent of such Funding Noticecertificate, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Stanadyne Corp)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully completed and executed Funding Notice no later than (x) one day prior to the Funding Date with respect to Base Rate Loans and (y) three days prior to the Funding Date with respect to Closing Date, in the case of a funding request that includes any Eurodollar Rate Loans (Borrowings, or such shorter period as may be acceptable one Business Day prior to Administrative Agent)the Closing Date, otherwise. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Griffon Corp)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than (x) one day Business Day prior to the Funding Closing Date with respect to Base Rate Loans and (y) three (3) days prior to the Funding Closing 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 Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC)

Borrowing Mechanics for Term Loans. (i) Borrower shall deliver to Administrative Agent a fully executed Funding Notice no later than one (x1) one day Business Day prior to the Funding Closing Date with respect to for Base Rate Loans and no later than three (y3) three days Business Days prior to the Funding Closing Date with respect to Eurodollar Rate Loans (or such shorter period as of time to which the Administrative Agent may be acceptable to Administrative Agent)agree) for Eurodollar Rate Loans. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Term Loan Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aeroflex Holding Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.