Common use of Borrowing Requests Clause in Contracts

Borrowing Requests. The Company may from time to time request ------------------ a loan under Section 2.1.1 by providing to the Agent a notice (which may be given by a telephone call received by a Lending Officer if promptly confirmed in writing). Such notice must be not later than noon (Boston time) on the first Banking Day (third Banking Day if any portion of such loan will be subject to a Eurodollar Pricing Option on the requested Closing Date) prior to the requested Closing Date for such loan. The notice must specify (a) the amount of the requested revolving loan (which shall be not less than $100,000 and an integral multiple of $10,000) and (b) the requested Closing Date therefor (which shall be a Banking Day). Upon receipt of such notice, the Agent will promptly inform each other Lender (by telephone or otherwise). Each such loan will be made at the Boston Office by depositing the amount thereof to the general account of the Company with the Agent. In connection with each such loan, the Company shall furnish to the Agent a certificate in substantially the form of Exhibit 5.2.1.

Appears in 2 contracts

Samples: Credit Agreement (Sba Communications Corp), Credit Agreement (Sba Communications Corp)

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Borrowing Requests. The Company may from time to time request ------------------ a loan under Section 2.1.1 by providing to the Agent a notice (which may be given by a telephone call received by a Lending Officer if promptly confirmed in writing). Such notice must be received by the Agent not later than noon 2:00 p.m. (Boston time) on the first same Banking Day as the requested Closing Date for such loan (third Banking Day prior to the requested Closing Date of such loan if any portion of such loan will be subject to a Eurodollar Pricing Option on the requested Closing Date) prior to the requested Closing Date for such loan). The notice must specify (a) the amount of the requested revolving loan (which shall be not less than $100,000 500,000 and an integral multiple of $10,000100,000) and (b) the requested Closing Date therefor (which shall be a Banking Day). Upon receipt of such notice, the Agent will promptly inform each other Lender (by telephone or otherwise). Each such loan will be made at the Boston Office by depositing the amount thereof to the general account of the Company with the Agent. In connection with each such loan, the Company shall furnish to the Agent a certificate in substantially the form of Exhibit 5.2.1.

Appears in 2 contracts

Samples: Credit Agreement (Transmontaigne Inc), Credit Agreement (Transmontaigne Inc)

Borrowing Requests. The Company may from time to time request ------------------ a loan under Section 2.1.1 by providing to the Agent a notice (which may be given by a telephone call received by a Lending Officer if promptly confirmed in writing). Such notice must be not later than noon 2:00 p.m. (Boston time) on the first Banking Day (third Banking Day if any portion of such loan will be subject to a Eurodollar Eurocurrency Pricing Option on the requested Closing Date) prior to the requested Closing Date for such loan. The notice must specify (a) the amount of the requested revolving loan (loan, which shall be not less than $100,000 500,000 and an integral multiple of $10,000) 100,000 and (b) the requested Closing Date therefor (therefor, which shall be a Banking Day). Upon receipt of such notice, the Agent will promptly inform each other Lender (by telephone or otherwise). Each such loan will be made at the Boston Office by depositing the amount thereof to the general account of the Company with the Agent. In connection with each such loan, the Company shall furnish to the Agent a certificate in substantially the form of Exhibit 5.2.1.

Appears in 1 contract

Samples: Credit Agreement (Marquee Group Inc)

Borrowing Requests. The Company may from time to time request ------------------ a loan under Section 2.1.1 2.2.1 by providing to the Agent a notice (which may be given by a telephone call received by a Lending Officer if promptly confirmed in writing). Such notice must be not later than noon (Boston time) on the first Banking Day (third Banking Day if any portion of such loan will be subject to a Eurodollar Pricing Option on the requested Closing Date) prior to the requested Closing Date for such loan. The notice must specify (a) the amount of the requested revolving term loan (which shall be not less than $100,000 500,000 and an integral multiple of $10,000) 100,000 and (b) the requested Closing Date therefor (which shall be a Banking Day). Upon receipt of such notice, the Agent will promptly inform each other Lender (by telephone or otherwise). Each such loan will be made at the Boston Office by depositing the amount thereof to the general account of the Company with the Agent. In connection with each such loan, the Company shall furnish to the Agent a certificate in substantially the form of Exhibit 5.2.1.

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

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Borrowing Requests. The Loans will be made to the Company may from time to time request ------------------ a loan by the Lenders under Section 2.1.1 by providing 2.1 on any Banking Day on or after the Effective Date and prior to the Agent a notice (which may be given by a telephone call received by a Lending Officer if promptly confirmed in writing)Final Maturity Date. Such notice must be not Not later than noon (Boston time) on the first Banking Day Closing Date for any such loan (or the third Banking Day prior to the requested Closing Date if any portion of such loan will be subject to a Eurodollar Pricing Option on Option), the requested Closing Date) prior to Company will give the requested Closing Date for such loan. The Agent notice must specify of its request (awhich may be given by a telephone call received by an Agent Officer and promptly confirmed in writing), specifying (i) the amount of the requested revolving loan (which shall be not less than $100,000 500,000 and an integral multiple of $10,000) 100,000), and (bii) the requested Closing Date therefor (which shall be a Banking Day). Upon receipt of such notice, the Agent will promptly inform each other Lender (by telephone or otherwise)therefor. Each such loan will be made at the Boston Office by depositing the amount thereof to the general account of the Company with the Agent. In connection with each such loan, the Company shall furnish to the Agent a certificate dated the applicable Closing Date in substantially the form of Exhibit 5.2.15.1, together with any other documents required by Section 5.

Appears in 1 contract

Samples: Credit Agreement (American Annuity Group Inc)

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