Competitive Bid Request Sample Clauses

Competitive Bid Request. When the Borrower wishes to request offers to make Competitive Loans under this subsection 2.3, it shall transmit to the Administrative Agent a Competitive Bid Request to be received no later than 12:00 Noon (New York City time) on (x) the fourth Business Day prior to the date of Borrowing proposed therein, in the case of a Borrowing of Eurodollar Rate Competitive Loans or (y) the Business Day immediately preceding the date of Borrowing proposed therein, in the case of a Fixed Rate Borrowing, specifying: (i) the proposed date of Borrowing, which shall be a Business Day, (ii) the aggregate principal amount of such Borrowing, which shall be $5,000,000 or a multiple of $1,000,000 in excess thereof, (iii) the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period contained in subsection 1.1, and (iv) whether the Borrowing then being requested is to be of Eurodollar Rate Competitive Loans or Fixed Rate Loans. A Competitive Bid Request that does not conform substantially to the format of Exhibit A may be rejected by the Administrative Agent in its sole discretion, and the Administrative Agent shall promptly notify the Borrower of such rejection. The Borrower may request offers to make Competitive Loans for more than one Interest Period in a single Competitive Bid Request. No Competitive Bid Request shall be given within three Business Days of any other Competitive Bid Request pursuant to which the Borrower has made a Competitive Borrowing.

Competitive Bid Request. In order to request Competitive Bids, the Borrower shall deliver to the Agent a duly completed Competitive Bid Request in the form of Exhibit A-1 hereto (a “Competitive Bid Request”) to be received by the Agent not later than 12:00 p.m. (i) five (5) Business Days before each proposed Eurodollar Competitive Bid Loan and (ii) two (2) Business Days before each proposed Fixed Rate Loan; provided that, the Borrower may not submit more than two (2) Competitive Bid Requests during any period of five (5) consecutive Business Days. Notwithstanding the foregoing, the Borrower may not submit more than six (6) Competitive Bid Requests during any calendar month. No Eurocurrency Loan or ABR Loan shall be requested in, or made pursuant to, a Competitive Bid Request. A Competitive Bid Request that does not conform substantially to the form of Exhibit A-1 may be rejected in the Agent’s sole discretion, and the Agent shall promptly notify the Borrower of such rejection by telephone promptly confirmed by telecopy. Such request shall in each case refer to this Agreement and specify (i) whether the borrowing then being requested is to be a Eurodollar Competitive Bid Loan or a Fixed Rate Loan, (ii) the date of such borrowing (which shall be a Business Day), (iii) the aggregate principal amount of such borrowing which shall be in a minimum principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof, and (iv) the Competitive Bid Interest Periods with respect to each Eurodollar Competitive Bid Loan and each Fixed Rate Loan which Competitive Bid Interest Periods may not expire on a date later than the first Business Day prior to the Revolving Maturity Date; provided, that the Borrower may not request bids for more than three (3) different durations of Competitive Bid Interest Periods in the same Competitive Bid Request. Promptly after its receipt of a Competitive Bid Request that is not rejected as aforesaid, the Agent shall invite by facsimile (in the form set forth in Exhibit A-2 hereto) the Lenders to bid, on the terms and conditions of this Agreement, to make Competitive Bid Loans pursuant to the Competitive Bid Request.

Competitive Bid Request. When the Borrower wishes to request offers to make Competitive Bid Loans under this Section 2.21, it shall transmit to the Administrative Agent by facsimile a bid request substantially in the form of Exhibit H hereto to be received no later than 11:00 a.m., New York City time, at least one Business Day prior to the date of such proposed Competitive Bid Borrowing, specifying (i) the date such Competitive Bid Loan is requested to be made (which must be a Business Day), (ii) the amount of such Competitive Bid Loan, which must be a minimum of $1,000,000 or an integral multiple thereof, and a maximum of $50,000,000, (iii) the maturity date (the "Competitive Bid Loan Maturity Date") for repayment of each Competitive Bid Loan to be made as part of such Competitive Bid Borrowing (which maturity date may be between seven and 180 days, inclusive, after the date of such Competitive Bid Borrowing, provided that in no event shall the maturity date of any Competitive Bid Borrowing be later than the third day preceding the Termination Date), (iv) the interest payment date or dates relating thereto, and (v) any other terms to be applicable to such Competitive Bid Borrowing.

Competitive Bid Request. A request by Borrower to obtain Competitive Bid Loans shall be made by Borrower transmitting to Agent, by e-mail or facsimile transmission (in each case, such request shall not be effective unless Borrower receives telephonic, email or facsimile confirmation of receipt by Agent), a Competitive Bid Request so as to be received no later than 10:00 A.M. (Eastern time) on the Competitive Bid Auction Date, which Competitive Bid Request shall specify: (A) the proposed date of borrowing, which shall be a Business Day; (B) the principal amount of the Competitive Bid Loan requested; and (C) the duration of the Competitive Bid Loan (which shall not be less than one day or greater than one hundred eighty (180) days). Borrower may request offers to make a Competitive Bid Loan for up to three different durations in any Competitive Bid Request; provided, however, that no Competitive Bid Request shall be given within one Business Day of any other Competitive Bid request. Each request shall be in Dollars.

Competitive Bid Request. A. Deliver to: applicable Lender at its address specified on Schedule I hereto. B. Time: as determined by the Company and the applicable Lender. C. Information Required: see Exhibit D to this Agreement.

Competitive Bid Request. Deliver to: applicable Lender at its address specified on Schedule I hereto.

Competitive Bid Request. A request by ASI to obtain Competitive Bid Loans shall be made by ASI transmitting to Agent, by e-mail or facsimile transmission, a Competitive Bid Request so as to be received no later than 10:00 A.M. (Cleveland, Ohio time) on the Competitive Bid Auction Date, which Competitive Bid Request shall specify: (i) the proposed date of borrowing, which shall be a Business Day; (ii) the principal amount of the Competitive Bid Loan requested; and (iii) the duration of the Competitive Bid Loan (which shall not be greater than one hundred eighty (180) days). ASI may request offers to make a Competitive Bid Loan for up to three different durations in any Competitive Bid Request; provided, however, that no Competitive Bid Request shall be given within one Business Day of any other Competitive Bid request. Each request shall be in Dollars.

Competitive Bid Request. A request by Borrower to obtain Competitive Bid Loans ("Competitive Bid Request") shall be made by Borrower transmitting to Agent, by facsimile transmission, a Competitive Bid Request, substantially in the form of Exhibit D-1, so as to be received (i) no later than 9:00 A.M. (Cleveland, Ohio time) on the third Business Day immediately prior to the date of the proposed borrowing, in the case of a Competitive Bid Eurodollar Auction, or (ii) no later than 9:00 A.M. (Cleveland, Ohio time) on the proposed date of borrowing, in the case of a Competitive Bid Absolute Rate Auction (or, in either case, such other time or date as to which Borrower and Agent shall have mutually agreed and as to which Agent shall have notified the Banks not later than the date of the Competitive Bid Request for the first Competitive Bid Eurodollar Auction or Competitive Bid Absolute Rate Auction for which such change is to be effective) specifying: (A) the proposed date of borrowing, which shall be a Business Day; (B) the amount of the Competitive Bid Loan requested and that the Loan requested is a Competitive Bid Loan; (C) the duration of the Competitive Bid Interest Period applicable thereto, which shall not be later than the last day of the Commitment Period; and (D) whether the Competitive Bids requested are to set forth a Competitive Bid Eurodollar Rate or a Competitive Bid Absolute Rate. Borrower may request offers to make a Competitive Bid Loan for no more than three (3) Competitive Bid Interest Periods in any Competitive Bid Request under this Agreement.

Competitive Bid Request. When the Borrower wishes to request offers to make Competitive Loans under this subsection 2.3, it shall transmit to the Administrative Agent a Competitive Bid Request to be received no later than 12:00 Noon (New York City time) on (x) the fourth Business Day prior to the date of Borrowing proposed therein, in the case of a Borrowing of Eurodollar Competitive Loans or (y) the Business Day immediately preceding the date of Borrowing proposed therein, in the case of a Fixed Rate Borrowing, specifying:

Competitive Bid Request. When the Borrower wishes to request offers to make Competitive Bid Loans under this Section 2.8, it shall transmit to the Administrative Agent by telecopy or telex a bid request substantially in the form of Exhibit H hereto to be received no later than 10:00 a.m. (Boston time) on the Business Day preceding the day on which the requested Competitive Bid Loan is to be made specifying (i) the date such Competitive Bid Loan is requested to be made (which must be a Business Day), (ii) the amount of such Competitive Bid Loan, which must be a minimum of $1,000,000 or an integral multiple thereof, and (iii) the duration of the requested Interest Period applicable thereto (subject to the provisions of the definition of the term Interest Period). The Borrower may request offers to make Competitive Bid Loans for more than one Interest Period in a single bid request.