Initial Advance Request Sample Clauses

Initial Advance Request. The Borrower shall have delivered the Initial Advance Request in accordance with Section 2.2(a);
Sample 1
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Initial Advance Request. A completed Advance Form ----------------------- pursuant to Paragraph 2.6 hereof.
Sample 1
Initial Advance Request. When Guarantor identifies a Target Acquisition Company, Borrower shall submit to Bank, not less than ten (10) Business Days prior to a requested Advance, the following: (A) an initial Advance request and (B) a copy of the Target Acquisition Company presentation to Guarantor’s investment committee (which shall include, without limitation, all material information, reports and analysis conducted by or on behalf of Guarantor or Borrower). Such initial Advance request may be by electronic mail, facsimile transmission or telephone no later than 12:00 noon Eastern Time. Upon Bxxxxxxx’s request, in connection with an initial Advance request following the date of this Agreement, Bank will issue a standalone non-binding term sheet under a then-current date, in favor of Borrower, by which Bank states the terms on which Bank would be willing to offer to Borrower a loan in the amount of such initial Advance request, without requirement of additional guarantor parties (including Guarantor) or collateral owned by other Persons, which Borrower may use for comparison purposes in evaluating whether to proceed with an Advance under the Revolving Line.
Sample 1

Related to Initial Advance Request

  • Initial Advance On or prior to the Closing Date, Borrower shall have delivered to Agent the following:

  • Advance Request To obtain a Term Loan Advance, Borrower shall complete, sign and deliver an Advance Request (at least one (1) Business Day before the Closing Date and at least five (5) Business Days before each Advance Date other than the Closing Date) to Agent. The Lenders shall fund the Term Loan Advance in the manner requested by the Advance Request provided that each of the conditions precedent to such Term Loan Advance is satisfied as of the requested Advance Date.

  • Advance Requests Borrower may request that Lender make an Advance by delivering to Lender an Advance Request therefor and Lender shall be entitled to rely on all the information provided by Borrower to Lender on or with the Advance Request. The Lender may honor Advance Requests, instructions or repayments given by the Borrower (if an individual) or by any Authorized Person.

  • Initial Advances The obligation of each Lender to make the initial Advance to be made by it or of the Administrative Agent to issue the initial Letters of Credit is subject to the following conditions precedent, each of which shall be satisfied prior to the making of the initial Advances (unless all of the Lenders, in their sole and absolute discretion, shall agree otherwise):

  • Draw Request A Draw Request complying with the provisions of Section 3.1 hereof.

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

  • Conditions Precedent to Initial Advance The obligation of Bank to make the initial Advance is subject to the condition precedent that Bank shall have received, in form and substance satisfactory to Bank, the following:

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

  • Conditions to Initial Advance Lenders will have no obligation to fund the initial Revolving Loan Advance or any subsequent Revolving Loan Advance unless:

  • Conditions Precedent to Initial Advances The obligation of each Bank to make its initial Advance on or after the Closing Date is subject to the conditions precedent that (i) all principal, accrued interest, fees, expenses, costs and other amounts outstanding under the terms of each of the Prior Agreements, accrued to the Closing Date, shall have been paid, and the commitments of the lenders thereunder to extend credit shall have terminated, (ii) the Agent shall have received, for the benefit of the Banks, the one time upfront fees due and payable on the Closing Date pursuant to the Joint Fee Letter and (iii) the Agent shall have received on or before the day of the initial Borrowing the following, each dated the Closing Date, in form and substance satisfactory to the Agent and in sufficient copies for each Bank:

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