Certain Requests and Notices Sample Clauses

Certain Requests and Notices. Borrower will request borrowings and give notice to the Agent of all terminations or reductions of the Commitment or continuations and prepayments of Loans and duration of Interest Periods substantially in the form of Exhibits 4.8-A and 4.8-B hereto, as applicable (each a "Loan Request"). Each such notice shall be irrevocable and shall be effective only if received by the Agent not later than 11:00 a.m.
Sample 1
AutoNDA by SimpleDocs
Certain Requests and Notices. (a) The Borrowers or the Borrower Agent on behalf of the Borrowers will request borrowings and give notice to the Agent of all terminations or reductions of the Commitment or conversions, continuations and prepayments of Loans and duration of Interest Periods substantially in the form of Exhibits 4.8-A and 4.8-B hereto, as applicable (each a "Loan Request"). Each such notice shall be irrevocable and shall be effective only if received by the Agent not later than 11:00 a.m. Kansas City time (i) on the Business Day prior to the effective date of the requested termination or reduction of the Commitment, (ii) on the same day if it is a notice of a borrowing or prepayment of a Prime Rate Loan (except that if such date is not a Business Day, then on the next Business Day), or (ii) three (3) Business Days prior to the requested effective date for a borrowing or prepayment of, conversion into or continuation of a LIBOR Rate Loan or any selection of an Interest Period for a LIBOR Rate Loan. Any such Loan Request for a borrowing of, conversion into or continuation of a LIBOR Rate Loan shall specify, (i) the amount of principal which shall comprise the LIBOR Rate Loan, (ii) the date on which the rate is to become effective, and (iii) the Interest Period for such LIBOR Rate Loan. For purposes of calculating the number of Business Days, the date the notice is received shall be included if received not later than 11:00 a.m. Kansas City time and excluded if received after 11:00 a.m. Kansas City time.
Sample 1
Certain Requests and Notices. Borrower will request borrowings and give notice to the Bank of all terminations or reductions of Commitments, conversions, continuations and prepayments of Loans and the duration of Interest Periods, such requests and notices to be substantially in the form of Exhibits 5.8-A and 5.8-B hereto. Each such notice shall be irrevocable and shall be effective only if received by the Bank not later than 2:00 p.m. Kansas City time (i) on the Business Day prior to the effective date of the requested termination or reduction of a Commitment, (ii) on the same date if it is a notice of a borrowing or prepayment of a Base Rate Loan (except that if such date is not a Business Date, then on the next Business Day), or (iii) three (3) Business Days prior to the requested effective date for a borrowing or prepayment of, conversion into or continuation as a LIBOR Rate Loan or any selection of Interest Period for a LIBOR Rate Loan. For purposes of calculating the number of Business Days, the date the notice is received shall be included if received not later than 2:00 p.m. Kansas City time and excluded if received after 2:00 p.m. Kansas City time.
Sample 1
Certain Requests and Notices. (a) The Borrower or the Borrower Agent on behalf of the Borrower will request borrowings and give notice to the Agent of all terminations or reductions of the Commitment or conversions, continuations and prepayments of Loans and duration of Interest Periods substantially in the form of Exhibits 4.8-A and 4.8-B hereto, as applicable (each a “Loan Request”). Each such notice shall be irrevocable and shall be effective only if received by the Agent not later than 11:00 a.m. Mumbai time (i) on the Business Day prior to the effective date of the requested termination or reduction of the Commitment, (ii) on the same day if it is a notice of a borrowing or prepayment of a Prime Lending Rate Loan (except that if such date is not a Business Day, then on the next Business Day), or (ii) three (3) Business Days prior to the requested effective date for a borrowing or prepayment of, conversion into or continuation of a MIBOR Rate Loan or any selection of an Interest Period for a MIBOR Rate Loan. Any such Loan Request for a borrowing of, conversion into or continuation of a MIBOR Rate Loan shall specify, (i) the amount of principal which shall comprise the MIBOR Rate Loan, (ii) the date on which the rate is to become effective, and (iii) the Interest Period for such MIBOR Rate Loan. For purposes of calculating the number of Business Days, the date the notice is received shall be included if received not later than 11:00 a.m. Mumbai time and excluded if received after 11:00 a.m. Mumbai time.
Sample 1
Certain Requests and Notices. ARTICLE 5
Sample 1
Certain Requests and Notices. Borrower will request borrowings and give notice to the Bank of all terminations or reductions of Commitments, conversions, continuations and prepayments of Loans and the duration of Interest Periods, such requests and notices to be substantially in the form of Exhibits 4.8-A and 4.8-B hereto. Each such notice shall be irrevocable and shall be effective only if received by the Bank not later than
Sample 1
Certain Requests and Notices. 8 ARTICLE 5 GUARANTIES, FEES, COLLATERAL...................................................................9 5.1 Guaranties......................................................................................9 5.2 Unused Commitment and Letter of Credit Fees.....................................................9 5.3 Additional LIBOR and EURIBOR Rate Loan Costs...................................................10 5.4 Collateral.....................................................................................11 ARTICLE 6
Sample 1
AutoNDA by SimpleDocs
Certain Requests and Notices. Borrower will request borrowings and give notice to the Bank of all terminations or reductions of Commitments, conversions, continuations and prepayments of Loans and the duration of Interest Periods, such requests and notices to be substantially in the form of Exhibits 4.8-A and 4.8-B hereto. Each such notice shall be irrevocable and shall be effective only if received by the Bank not later than 1:00 p.m. Kansas City time (i) on the Business Day prior to the effective date of the requested termination or reduction of a Commitment, (ii) on the same date if it is a notice of a borrowing or prepayment of a Prime Rate Loan (except that if such date is not a Business Date, then on the next Business Day), or (iii) three (3) Business Days prior to the requested effective date for a borrowing or prepayment of or continuation as a LIBOR or EURIBOR Rate Loan or a conversion of a LIBOR Rate Loan or any selection of Interest Period for a LIBOR or EURIBOR Rate Loan. Except as otherwise specifically provided in this Agreement, a LIBOR Rate Loan may be converted to a Prime Rate Loan only on the last day of the Interest Period for such Loan. A LIBOR Rate Loan or an EURIBOR Rate Loan may be continued only on the last day of the Interest Period for such Loan. An EURIBOR Rate Loan may not be converted. If Borrower fails to specify a currency for a borrowing, then the Loan so requested shall be made in Dollars. If Borrower fails to specify a type (whether Prime Rate or LIBOR Rate) of Dollar-denominated Loan in a request for a borrowing or if Borrower fails to give a timely notice requesting a conversion or continuation of a Dollar-denominated Loan, then the applicable Loan shall be made or continued as, or converted to, a Prime Rate Loan. Any automatic conversion to a Prime Rate Loan shall be effective as of the last day of the Interest Period then in effect with respect to the applicable LIBOR Rate Loan. In the case of a failure to timely request a continuation of a Loan denominated in an Alternative Currency, such Loan shall be continued as a EURIBOR Rate Loan in its original currency with an Interest Period of one month. If Borrower requests a borrowing of or continuation of a LIBOR or EURIBOR Rate Loan or a conversion of a Prime Rate Loan to a LIBOR Rate Loan but fails to specify an Interest Period, Borrower will be deemed to have specified an Interest Period of one month. No Loan may be converted into or continued as a Loan denominated in a different currency but instea...
Sample 1

Related to Certain Requests and Notices

  • Certain Notices Notices by Borrower to Administrative Agent of terminations or reductions of the Commitments, of Borrowings, conversions, continuations and optional prepayments of Loans and of Classes of Loans, of Types of Loans and of the duration of Interest Periods shall be irrevocable and shall be effective only if received by Administrative Agent by telephone not later than 1:00 p.m., New York time (promptly followed by written notice via facsimile or electronic mail), on at least the number of Business Days prior to the date of the relevant termination, reduction, Borrowing, conversion, continuation or prepayment or the first day of such Interest Period specified in the table below (unless otherwise agreed to by Administrative Agent in its sole discretion), provided that Borrower may make any such notice conditional upon the occurrence of a Person’s acquisition or sale or any incurrence of indebtedness or issuance of Equity Interests. NOTICE PERIODS Notice Number of Business Days Prior Termination or reduction of Commitments 3 Optional prepayment of, or conversions into, ABR Loans 1 Borrowing or optional prepayment of, conversions into, continuations as, or duration of Interest Periods for, LIBOR Loans 3 Borrowing of ABR Loans same day Each such notice of termination or reduction shall specify the amount and the Class of the Commitments to be terminated or reduced. Each such Notice of Borrowing, conversion, continuation or prepayment shall specify the Class of Loans to be borrowed, converted, continued or prepaid and the amount (subject to Section 4.04) and Type of each Loan to be borrowed, converted, continued or prepaid and the date of borrowing, conversion, continuation or prepayment (which shall be a Business Day). Each such notice of the duration of an Interest Period shall specify the Loans to which such Interest Period is to relate. Administrative Agent shall promptly notify the Lenders of the contents of each such notice. In the event that Borrower fails to select the Type of Loan within the time period and otherwise as provided in this Section 4.05, such Loan (if outstanding as a LIBOR Loan) will be automatically converted into an ABR Loan on the last day of the then current Interest Period for such Loan or (if outstanding as an ABR Loan) will remain as, or (if not then outstanding) will be made as, an ABR Loan. In the event that Borrower has elected to borrow or convert Loans into LIBOR Loans but fails to select the duration of any Interest Period for any LIBOR Loans within the time period and otherwise as provided in this Section 4.05, such LIBOR Loan shall have an Interest Period of one month.

  • Notices of Certain Transactions In case:

  • Notices of Certain Events Each of the Company and Parent shall promptly notify the other of:

  • Reliance on Notices Agent shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance, Notice of Conversion/Continuation or similar notice believed by Agent to be genuine. Agent may assume that each Person executing and delivering any notice in accordance herewith was duly authorized, unless the responsible individual acting thereon for Agent has actual knowledge to the contrary.

  • Notice of Certain Events Affecting Registration; Suspension of Right to Make an Advance The Company will immediately notify the Investor upon its becoming aware of the occurrence of any of the following events in respect of a registration statement or related prospectus relating to an offering of Registrable Securities: (i) receipt of any request for additional information by the SEC or any other Federal or state governmental authority during the period of effectiveness of the Registration Statement for amendments or supplements to the registration statement or related prospectus; (ii) the issuance by the SEC or any other Federal or state governmental authority of any stop order suspending the effectiveness of the Registration Statement or the initiation of any proceedings for that purpose; (iii) receipt of any notification with respect to the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; (iv) the happening of any event that makes any statement made in the Registration Statement or related prospectus of any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires the making of any changes in the Registration Statement, related prospectus or documents so that, in the case of the Registration Statement, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading, and that in the case of the related prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; and (v) the Company's reasonable determination that a post-effective amendment to the Registration Statement would be appropriate; and the Company will promptly make available to the Investor any such supplement or amendment to the related prospectus. The Company shall not deliver to the Investor any Advance Notice during the continuation of any of the foregoing events.

  • Notices of Certain Changes Promptly, but in any event within five (5) Business Days after the execution thereof, copies of any amendment, modification or supplement to the certificate or articles of incorporation, by-laws, any preferred stock designation or any other organic document of the Borrower or any Subsidiary.

  • Notice of Certain Events Affecting Registration; Suspension of Right to Make an Advance. The Company will immediately notify the Investor upon its becoming aware of the occurrence of any of the following events in respect of a registration statement or related prospectus relating to an offering of Registrable Securities: (i) receipt of any request for additional information by the SEC or any other Federal or state governmental authority during the period of effectiveness of the Registration Statement for amendments or supplements to the registration statement or related prospectus; (ii) the issuance by the SEC or any other Federal or state governmental authority of any stop order suspending the effectiveness of the Registration Statement or the initiation of any proceedings for that purpose; (iii) receipt of any notification with respect to the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; (iv) the happening of any event that makes any statement made in the Registration Statement or related prospectus of any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires the making of any changes in the Registration Statement, related prospectus or documents so that, in the case of the Registration Statement, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein not misleading, and that in the case of the related prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; and (v) the Company's reasonable determination that a post-effective amendment to the Registration Statement would be appropriate; and the Company will promptly make available to the Investor any such supplement or amendment to the related prospectus. The Company shall not deliver to the Investor any Advance Notice during the continuation of any of the foregoing events.

  • Demands and Notices All demands and notices made by a party under this Annex will be made as specified in the Notices Section of this Agreement, except as otherwise provided in Paragraph 13.

  • Required Notices or Demands Any notice or communication by the Company, the Subsidiary Guarantors or the Trustee to the others is duly given if in writing and delivered in Person or mailed by registered or certified mail (return receipt requested), telecopier or overnight air courier guaranteeing next day delivery, to the other’s address: If to the Company or any Subsidiary Guarantor: Xxxx Centre 0000 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxxxxxxxx, XX 00000 Attention: Chief Financial Officer If to the Trustee: [ ] The Company, any Subsidiary Guarantor or the Trustee by notice to the others may designate additional or different addresses for subsequent notices or communications. All notices and communications shall be deemed to have been duly given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; on the first Business Day on or after being sent, if telecopied and the sender receives confirmation of successful transmission; and the next Business Day after timely delivery to the courier, if sent by overnight air courier guaranteeing next day delivery. Any notice required or permitted to a Holder by the Company, any Subsidiary Guarantor or the Trustee pursuant to the provisions of this Indenture shall be deemed to be properly mailed by being deposited postage prepaid in a post office letter box in the United States addressed to such Holder at the address of such Holder as shown on the Debt Security Register. Any report pursuant to Section 313 of the TIA shall be transmitted in compliance with subsection (c) therein. Notwithstanding the foregoing, any notice to Holders of Floating Rate Securities regarding the determination of a periodic rate of interest, if such notice is required pursuant to Section 2.03, shall be sufficiently given if given in the manner specified pursuant to Section 2.03. In the event of suspension of regular mail service or by reason of any other cause it shall be impracticable to give notice by mail, then such notification as shall be given with the approval of the Trustee shall constitute sufficient notice for every purpose hereunder. In the event it shall be impracticable to give notice by publication, then such notification as shall be given with the approval of the Trustee shall constitute sufficient notice for every purpose hereunder. Failure to mail a notice or communication to a Holder or any defect in it or any defect in any notice by publication as to a Holder shall not affect the sufficiency of such notice with respect to other Holders. If a notice or communication is mailed or published in the manner provided above, it is conclusively presumed duly given.

  • Notice of Certain Transactions In the event that:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!