Common use of Borrowing Mechanics for Term Loans Clause in Contracts

Borrowing Mechanics for Term Loans. (i) U.S. Borrower and European Borrower shall each deliver to Administrative Agent a fully executed Funding Notice no later than two days prior to the Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.

Appears in 2 contracts

Samples: Counterpart Agreement (Arizona Chemical Ltd.), First Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.)

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Borrowing Mechanics for Term Loans. (i) U.S. Borrower and European Borrower shall each deliver to Administrative Agent a fully executed Funding Notice no later than two days prior to the Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.

Appears in 2 contracts

Samples: Counterpart Agreement (Arizona Chemical Ltd.), Second Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.)

Borrowing Mechanics for Term Loans. (i) The U.S. Borrower and European each Euro Borrower shall each deliver to the Administrative Agent a fully executed Funding Notice no later than two days one Business Day prior to the Closing Effective Date. Promptly upon receipt by the Administrative Agent of such Funding Notice, the Administrative Agent shall notify each Lender of the proposed borrowing.

Appears in 1 contract

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

Borrowing Mechanics for Term Loans. (i) U.S. Borrower and European Borrower The Company shall each deliver to Administrative Agent a fully executed Funding Notice no later than two days one (1) day prior to the Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Tranche B Term Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Easton-Bell Sports, Inc.)

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Borrowing Mechanics for Term Loans. (i) The U.S. Borrower and European each Euro Borrower shall each deliver to the Administrative Agent a fully executed Funding Notice no later than two days one Business Day prior to the Closing Effective Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Solera Holdings LLC)

Borrowing Mechanics for Term Loans. (i) U.S. Borrower and European Borrower Gathering shall each deliver to Administrative Agent a fully executed Funding Notice no later than two days one day prior to the Restatement Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing.

Appears in 1 contract

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

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