Common use of Borrowing Procedures for Revolving Credit Loans Clause in Contracts

Borrowing Procedures for Revolving Credit Loans. Borrower may request a borrowing under the Revolving Credit Commitment as provided in Section 4.01. Not later than 2:00 p.m. New York City time on the date of such borrowing as stated in the Notice of Borrowing, subject to the conditions of this Agreement, the Bank shall make available to Borrower, in immediately available funds, the amount of such Revolving Credit Loan by crediting a designated account of Borrower maintained with the Bank.

Appears in 3 contracts

Samples: Credit Agreement (Disc Graphics Inc /De/), Credit Agreement (Disc Graphics Inc /De/), Credit Agreement (Disc Graphics Inc /De/)

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Borrowing Procedures for Revolving Credit Loans. Borrower The Co-Borrowers may request a borrowing under the Revolving Credit Commitment Commitments hereunder as provided in Section 4.014.1. Not later than 2:00 1:00 p.m. New York City time on the date of such borrowing as stated in the Notice of Borrowingborrowing, each Bank shall, subject to the conditions of this Agreement, make the Bank shall make amount of the Revolving Credit Loan to be made by it on such day available to Borrowerthe Agent, at the Principal Office and in immediately available funds, funds for the amount of such Revolving Credit Loan by crediting a designated account of Borrower maintained with the Bank.Co-

Appears in 2 contracts

Samples: Security Agreement (Futurebiotics Inc), Security Agreement (PDK Labs Inc)

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Borrowing Procedures for Revolving Credit Loans. Borrower may request a borrowing under the Revolving Credit Commitment as provided in Section 4.01. Not later than 2:00 p.m. 11:00 a.m. New York City time on the date of such borrowing as stated in the a Notice of Borrowing, subject to the conditions of this Agreement, the Bank shall make available to Borrower, in immediately available funds, the amount of such Revolving Credit Loan by crediting a designated account of Borrower maintained with the Bank.

Appears in 1 contract

Samples: Credit Agreement (Vicon Industries Inc /Ny/)

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