FUNDING REQUEST IRREVOCABLE Sample Clauses

FUNDING REQUEST IRREVOCABLE. The notice of any proposed Funding shall be irrevocable and binding on the Borrower, and the Borrower shall indemnify the Secured Parties against any loss or expense incurred by the Secured Parties as provided in Section 7.6 hereof.
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FUNDING REQUEST IRREVOCABLE. The notice of the proposed Initial Funding and any Subsequent Funding shall be irrevocable and binding on the Issuer and the Issuer shall indemnify the Company and the Bank Investors against any loss or expense incurred by the Company or the Bank Investors, either directly or indirectly (including through the Liquidity Agreement) as a result of any failure by the Issuer to complete the requested Funding including, without limitation, any loss (including loss of anticipated profits) or expense incurred by the Company or the Bank Investors, either directly or indirectly (including pursuant to the Liquidity Agreement), by reason of the liquidation or reemployment of funds acquired by the Company (or the Liquidity Provider) (including, without limitation, funds obtained by issuing commercial paper or promissory notes or obtaining deposits or loans from third parties) for the Company or the Bank Investors to complete the requested Funding.
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FUNDING REQUEST IRREVOCABLE. Each Funding Request shall be irrevocable and binding on the Issuer and the Issuer shall indemnify the Note Investor, the Liquidity Banks, the Deal Agent and the Liquidity Agent against any loss or expense by any of them, either directly or indirectly (including through the Liquidity Agreement) as a result of a failure by the Issuer to complete a requested Funding, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by any of them, either directly or indirectly (including pursuant to the Liquidity Agreement), by reason of the liquidation or re-employment of funds acquired by any of them (including, without limitation, funds obtained by issuing commercial paper or promissory notes or obtaining deposits or loans from third parties) to complete the requested Funding.
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FUNDING REQUEST IRREVOCABLE. The notice of the proposed Initial Funding and any Subsequent Funding shall be irrevocable and binding on the Borrower, and the Borrower shall indemnify PARCO and the APA Banks against any loss or expense incurred by PARCO or the APA Banks as provided in Section 2.6 hereof.
Sample 1
FUNDING REQUEST IRREVOCABLE. The notice of the proposed Initial Funding and any Funding Request shall be irrevocable and binding on the Issuer and the Issuer shall indemnify the Company against any loss or expense incurred by the Company, either directly or indirectly (including through the Liquidity Provider Agreement) as a result of any failure by the Issuer to complete the requested Funding including, without limita- tion, any loss (including loss of anticipated profits) or expense incurred by the Company, either directly or indirectly (including pursuant to the Liquidity Provider Agreement), by reason of the liquidation or reemployment of funds acquired by the Company (or the Liquidity Provider) (including, without limitation, funds obtained by issuing commercial paper or promissory notes or obtaining deposits or loans from third parties) for the Company to complete the requested Funding.
Sample 1
FUNDING REQUEST IRREVOCABLE. Each Funding Request shall be irrevocable and binding on the Borrower and the Borrower shall indemnify the Lenders and the Administrative Agent against any loss or expense by any of them, either directly or indirectly as a result of a failure by the Borrower to complete a requested Advance, including, without limitation, any loss (including loss of anticipated profits) or expense incurred by any of them, either directly or indirectly, by reason of the liquidation or re-employment of funds acquired by any of them to complete the requested Advance.
Sample 1
FUNDING REQUEST IRREVOCABLE. The notice of the proposed Initial Funding and any Funding Request shall be irrevocable and binding on the Issuer and the Issuer shall indemnify the Company, the Liquidity Agent and the Investors against any loss or expense incurred by the Company, either directly or indirectly (including through the Liquidity Agreement) as a result of any failure by the Issuer to complete the requested Funding including, without limitation, any loss (including loss of anticipated profits) or expense incurred by the Company, the Liquidity Agent or any Investor, either directly or indirectly (including pursuant to the Liquidity Agreement), by reason of the liquidation or re-employment of funds acquired by the Company, the Liquidity Agent or any Investor (including, without limitation, funds obtained by issuing commercial paper or promissory notes or obtaining deposits or loans from third parties) for the Company, the Liquidity Agent or any Investor to complete the requested Funding.
Sample 1
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Related to FUNDING REQUEST IRREVOCABLE

  • Funding Request The Borrower hereby requests the Funding pursuant to Section 2.1 and Section 2.3 of the Loan Agreement.

  • Borrowing Requests Whenever the Borrower desires to make a ------------------ Borrowing hereunder, it shall give Advance Notice in the form of a Borrowing Request, specifying, subject to the provisions hereof, (i) the aggregate principal amount of the Loans to be made pursuant to such Borrowing, (ii) the date of Borrowing (which shall be a Business Day), (iii) whether the Loans being made pursuant to such Borrowing are to be ABR Loans or Eurodollar Loans, and (iv) in the case of Eurodollar Loans, the Interest Period to be applicable thereto.

  • Notice of Borrowing The Borrower shall request a Revolving Loan borrowing by written notice (or telephonic notice promptly confirmed in writing) to the Agent not later than 11:00 A.M. (Charlotte, North Carolina time) on the Business Day prior to the date of the requested borrowing in the case of Base Rate Loans, and on the third Business Day prior to the date of the requested borrowing in the case of Eurodollar Loans. Each such request for borrowing shall be irrevocable and shall specify (A) that a Revolving Loan is requested, (B) the date of the requested borrowing (which shall be a Business Day), (C) the aggregate principal amount to be borrowed, and (D) whether the borrowing shall be comprised of Base Rate Loans, Eurodollar Loans or a combination thereof, and if Eurodollar Loans are requested, the Interest Period(s) therefor. If the Borrower shall fail to specify in any such Notice of Borrowing (I) an applicable Interest Period in the case of a Eurodollar Loan, then such notice shall be deemed to be a request for an Interest Period of one month, or (II) the type of Revolving Loan requested, then such notice shall be deemed to be a request for a Base Rate Loan hereunder. The Agent shall give notice to each affected Lender promptly upon receipt of each Notice of Borrowing pursuant to this Section 2.1(b)(i), the contents thereof and each such Lender’s share of any borrowing to be made pursuant thereto.

  • Borrowing Request The Administrative Agent shall have received a Borrowing Request in accordance with Section 2.03.

  • Notice of Borrowing; Letter of Credit Request (a) Prior to the making of each Loan (other than a Swingline Loan or a Revolving Loan made pursuant to a Mandatory Borrowing), the Administrative Agent shall have received a Notice of Borrowing meeting the requirements of Section 2.03(a). Prior to the making of each Swingline Loan, the Swingline Lender shall have received the notice referred to in Section 2.03(b)(i).

  • Content of Borrowing Requests Each telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02:

  • Request for Advance Subject to the following conditions, the Borrower may request an Advance to be made by ensuring that the Lender receives a completed Drawdown Notice not later than 11.00 a.m. (London time) 3 Business Day prior to the intended Drawdown Date.

  • Borrowing Notice The Borrower shall deliver to the Agent and the Swing Line Lender irrevocable notice (a "Swing Line Borrowing Notice") not later than noon (Chicago time) on the Borrowing Date of each Swing Line Loan, specifying (i) the applicable Borrowing Date (which date shall be a Business Day), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $100,000. The Swing Line Loans shall bear interest at the Floating Rate.

  • Request for Borrowing The Administrative Agent shall have received a Request for Borrowing or Request for Letter of Credit, together with a Borrowing Base Certificate;

  • Borrowing/Election Notice The Borrower shall give the Administrative Agent an irrevocable Borrowing/Election Notice of each conversion of a Floating Rate Loan into a Eurodollar Rate Loan or continuation of a Eurodollar Rate Loan not later than 11:00 a.m. (Chicago time) three (3) Business Days prior to the date of the requested conversion or continuation, specifying: (i) the requested date (which shall be a Business Day) of such conversion or continuation; (ii) the amount and Type of the Loan to be converted or continued; and (iii) the amount of Eurodollar Rate Loan(s) into which such Loan is to be converted or continued, and the duration of the Interest Period applicable thereto.

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