Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Period. (b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier). (c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty Eurodollar Rate Loans shall be outstanding at any one time. (d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default. (e) No Lender shall be required to obtain the funds necessary to fund its Eurodollar Rate Advances in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal source.
Appears in 4 contracts
Samples: 364 Day Loan Agreement (Harrahs Entertainment Inc), 364 Day Loan Agreement (Harrahs Entertainment Inc), 364 Day Loan Agreement (Harrahs Entertainment Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's ’s Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty four (4) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 3 contracts
Samples: Revolving Loan Agreement (Viasat Inc), Revolving Loan Agreement (Viasat Inc), Revolving Loan Agreement (Viasat Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty three (3) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Viasat Inc), Revolving/Term Loan Agreement (Viasat Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders Banks by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders Banks otherwise consent, no more than twenty ten Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Lender Nothing contained herein shall be required to obtain the funds necessary require any Bank to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 2 contracts
Samples: Loan Agreement (Circus Circus Enterprises Inc), Loan Agreement (Circus Circus Enterprises Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty ten Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Mandalay Resort Group), Loan Agreement (Mandalay Resort Group)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's ’s Office, not later than 9:00 10:00 a.m., California Las Vegas local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Interest Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Interest Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers and the applicable Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Lender shall be required to obtain the funds necessary to fund its Eurodollar Rate Advances in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal source.
Appears in 2 contracts
Samples: Credit Agreement (Harrahs Entertainment Inc), Credit Agreement (Harrahs Entertainment Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty seven Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 2 contracts
Samples: Loan Agreement (MGM Mirage), Loan Agreement (MGM Grand Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty three Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 2 contracts
Samples: Capital Markets Term Loan Agreement (Mandalay Resort Group), Term Loan Agreement (Mandalay Resort Group)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty ten (10) Eurodollar Rate Loans shall be outstanding out standing at any one time, not more than three (3) of which shall have a Eurodollar Period of shorter than one (1) month.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty 10 Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Samples: Reducing Revolving Loan Agreement (Station Casinos Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty ten (10) Eurodollar Rate Loans shall be outstanding at any one time, not more than three (3) of which shall have a Eurodollar Period of shorter than one (1) month.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty four (4) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower Representative for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's ’s Office, not later than 9:00 10:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower Representative and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty five (5) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) ------ received by the Administrative Managing Agent, at the Administrative Managing Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Managing Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders Banks by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Managing Agent and the Requisite Lenders Banks otherwise consent, no more than twenty twelve (12) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Lender Nothing contained herein shall be required to obtain the funds necessary require any Bank to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Interest Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Interest Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers and the applicable Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Lender shall be required to obtain the funds necessary to fund its Eurodollar Rate Advances in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal source.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) ------ received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty six (6) Eurodollar Rate Loans shall be outstanding out standing at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Samples: Revolving/Term Loan Agreement (Data Processing Resources Corp)
Eurodollar Rate Loans. (a) Each request by a Borrower Borrowers for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(d), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty fifteen (15) Eurodollar Rate Loans (whether under the Line A Commitment, Line B Commitment or Line C Commitment) shall be outstanding at any one time.
(d) No Eurodollar Rate Loan under the Line A Commitment or the Line B Commitment may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Samples: Reducing Revolving and Term Loan Agreement (Station Casinos Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower Borrowers for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty ten (10) Eurodollar Rate Loans (whether under the Line A Commitment or Line B Commitment) shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Samples: Reducing Revolving Loan Agreement (Station Casinos Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's ’s Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier facsimile (and if by telephone, promptly confirmed by telecopierfacsimile).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty six (6) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's ’s Office, not later than 9:00 10:00 a.m., California Las Vegas local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Interest Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Interest Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers and the applicable Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Lender shall be required to obtain the funds necessary to fund its Eurodollar Rate Advances in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal source.
Appears in 1 contract
Samples: Additional Credit Agreement (Harrahs Entertainment Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty ten Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Samples: Loan Agreement (Anchor Gaming)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty five (5) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Samples: Reducing Revolving Loan Agreement (American Coin Merchandising Trust Iv)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone telephone, telecopier or telecopier electronic mail (and if by telephone, promptly confirmed by telecopiertelecopier or electronic mail).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty five (5) Eurodollar Rate Loans shall be outstanding out standing at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower Borrowers for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty ten (10) Eurodollar Rate Loans shall be outstanding at any one time, not more than three (3) of which shall have a Eurodollar Period of shorter than one (1) month.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Samples: Loan Agreement (Safeskin Corp)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 11:00 a.m., California local Los Angeles time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders Banks by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders Banks otherwise consent, no more than twenty ten (10) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Lender Nothing contained herein shall be required to obtain the funds necessary require any Bank to fund its any Eurodollar Rate Advances Advance from deposits obtained in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 10:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders Banks by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders Banks otherwise consent, no more than twenty ten (10) Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Lender Nothing contained herein shall be required to obtain the funds necessary require any Bank to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceEuro- dollar Market.
Appears in 1 contract
Samples: Loan Agreement (Mirage Resorts Inc)
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan referred to in the second sentence of Section 2.1(b2.1(c), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three Eurodollar Business Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two Eurodollar Business Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers and the applicable Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty Eurodollar Rate Loans shall be outstanding at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence of a Default or Event of Default.
(e) No Lender shall be required to obtain the funds necessary to fund its Eurodollar Rate Advances in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal source.
Appears in 1 contract
Eurodollar Rate Loans. (a) Each request by a Borrower for a Eurodollar Rate Loan shall be made pursuant to a Request for Loan (or telephonic or other request for loan Loan referred to in the second sentence of Section 2.1(b), if applicable) received by the Administrative Agent, at the Administrative Agent's Office, not later than 9:00 a.m., California local time, at least three (3) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period.
(b) On the date which is two (2) Eurodollar Business Banking Days before the first day of the applicable Eurodollar Period, the Administrative Agent shall confirm its determination of the applicable Eurodollar Rate (which determination shall be conclusive in the absence of manifest error) and promptly shall give notice of the same to Borrowers Borrower and the Lenders by telephone or telecopier (and if by telephone, promptly confirmed by telecopier).
(c) Unless the Administrative Agent and the Requisite Lenders otherwise consent, no more than twenty ten (10) Interest Periods with respect to Eurodollar Rate Loans shall be outstanding in effect at any one time.
(d) No Eurodollar Rate Loan may be requested during the existence continuation of a Default or Event of Default.
(e) No Nothing contained herein shall require any Lender shall be required to obtain the funds necessary to fund its any Eurodollar Rate Advances Advance in the Designated Eurodollar Market or from any other particular source of funds, rather each Lender shall be free to obtain such funds from any legal sourceMarket.
Appears in 1 contract