Common use of Initial and Subsequent Advances Clause in Contracts

Initial and Subsequent Advances. A Borrower shall give the Administrative Agent in the case of Eurodollar Advances at least three (3) Business Days' irrevocable prior notice by telephone or telecopy and shall immediately confirm any such telephone notice with a written Request for Advance; provided, however, that the failure by a Borrower to confirm any notice by telephone or telecopy with a Request for Advance shall not invalidate any notice so given.

Appears in 4 contracts

Samples: Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp), Credit Agreement (Bull Run Corp)

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Initial and Subsequent Advances. A The Administrative Borrower shall give the Administrative Agent in the case of Eurodollar Advances at least three (3) Business Days' irrevocable prior notice by telephone or telecopy and shall immediately confirm any such telephone notice with a written Request for Advance; provided, however, that the failure by a the Administrative Borrower to confirm any notice by telephone or telecopy with a Request for Advance shall not invalidate any notice so given.

Appears in 2 contracts

Samples: Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc)

Initial and Subsequent Advances. A The Borrower shall give the Administrative Agent in the case of Eurodollar Advances at least three (3) Business Days' ’ irrevocable prior notice by telephone or telecopy and shall immediately confirm any such telephone notice with a written Request for Advance; provided, however, that the failure by a the Borrower to confirm any notice by telephone or telecopy with a written Request for Advance shall not invalidate any notice so given.

Appears in 2 contracts

Samples: Credit Agreement (Thomas & Betts Corp), Credit Agreement (Thomas & Betts Corp)

Initial and Subsequent Advances. A The Borrower shall give the Administrative Agent in the case of Eurodollar Advances at least three (3) Business Days' ’ irrevocable prior notice by telephone or telecopy and shall immediately confirm any such telephone notice with a written Request for Advance; provided, however, that the failure by a the Borrower to confirm any notice by telephone or telecopy with a Request for Advance shall not invalidate any notice so given.

Appears in 1 contract

Samples: Credit Agreement (El Pollo Loco, Inc.)

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Initial and Subsequent Advances. A The Borrower shall give the Administrative Agent in the case of Eurodollar Advances at least three (3) Business Days' irrevocable prior notice by telephone or telecopy and shall immediately confirm any such telephone notice with a written Request for Advance; provided, however, that the failure by a the Borrower to confirm any notice by telephone or telecopy with a written Request for Advance shall not invalidate any notice so given.

Appears in 1 contract

Samples: Credit Agreement (Thomas & Betts Corp)

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