Invitation for Competitive Bids Sample Clauses

Invitation for Competitive Bids. Promptly after its receipt of a Competitive Bid Request (but, in any event, no later than 3:00 P.M., New York City time, on the date of such receipt) conforming to the requirements of paragraph (b) above, the Administrative Agent shall send to each of the relevant Lenders an Invitation for Competitive Bids which shall constitute an invitation by the Borrower to each such Lender to bid, on the terms and conditions of this Agreement, to make Competitive Loans pursuant to the Competitive Bid Request.
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Invitation for Competitive Bids. Promptly after its receipt of a Competitive Bid Request (but, in any event, no later than 3:00 P.M., Dallas, Texas time, on the date of such receipt) conforming to the requirements of paragraph (b) above, the Administrative Agent shall send to each of the relevant Lenders an Invitation for Competitive Bids which shall constitute an invitation by Gannett to each such Lender to bid, on the terms and conditions of this Agreement, to make Competitive Loans pursuant to the Competitive Bid Request.
Invitation for Competitive Bids. Promptly upon receipt of a Competitive Bid Request, Agent shall send to the Banks by e-mail or facsimile transmission an Invitation for Competitive Bids, which shall constitute an invitation by ASI to each Bank to submit Competitive Bids offering to make the Competitive Bid Loans to which such Competitive Bid Request relates, in accordance with this Section 2.
Invitation for Competitive Bids. Subsequent to receipt of a bid request, the Agent shall send to the Banks by telex or telecopier an invitation for bids not later than 4:00 P.M. (Boston time) on the Business Day on which the Trust delivers its request in accordance with 3.1(b), substantially in the form of Exhibit D hereto, which shall constitute an invitation by the Trust requesting each Bank to submit bids offering to make Competitive Bid Advances in accordance with this 3. (d)
Invitation for Competitive Bids. Each Competitive Bid must comply with the requirements of this Section 2.1B and must be submitted to Agent, by facsimile transmission, at its offices specified on the signature page hereof or as otherwise directed by Agent not later than (i) 10:30 A.M. Cleveland, Ohio time) on the third Business Day prior to the proposed date of borrowing, in the case of a Competitive Bid Eurodollar Auction, or (ii) 10:30 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); provided that any Bank submitting a Competitive Bid (A) after 10:00 A.M. (Cleveland, Ohio time) on such third Business Day prior to the proposed date of borrowing, in the case of a Competitive Bid Eurodollar Auction, or (B) 10:00 A.M. (Cleveland, Ohio time) on the proposed date of borrowing, in the case of a Competitive Bid Absolute Rate Auction, shall confirm Agent's receipt of such Competitive Bid by telephone, and provided further that Competitive Bids submitted by Agent (or any affiliate of Agent) in the capacity of a Bank may be submitted, and may only be submitted, if Agent or such affiliate notifies Borrower of the terms of the offer or offers contained therein not later than fifteen (15) minutes prior to the respective deadline for the other Banks, in the case of either a Competitive Bid Eurodollar Auction or a Competitive Bid Absolute Rate Auction. Any Competitive Bid so made by any Bank under this Section 2.1B(d) shall be irrevocable except with the written consent of Agent. Each Competitive Bid shall be in substantially the form of Exhibit D-3 and shall in any case specify:
Invitation for Competitive Bids. Promptly upon receipt of a Competitive Bid Request, the Administrative Agent shall send to the Banks by facsimile transmission an Invitation for Competitive Bids substantially in the form of Exhibit D hereto, which shall constitute an invitation by the Borrower to each Bank to submit Competitive Bids offering to make the Competitive Bid Loans to which such Competitive Bid Request relates in accordance with this Section.
Invitation for Competitive Bids. Not later than 3:00 p.m., New York City time, on the Business Day on which the Administrative Agent receives a bid request from the Borrower in compliance with Section 2.21(b), the Administrative Agent shall send to the Lenders by facsimile an invitation for Competitive Bid Quotes, substantially in the form of Exhibit I hereto, which shall constitute an invitation by the Borrower to each Lender to submit bids offering to make Competitive Bid Loans in accordance with this Section 2.21 (each an "Invitation for Competitive Bids"). If, after receipt by the Administrative Agent of a bid request from the Borrower in accordance with subsection (b) of this Section 2.21, the Administrative Agent or any Lender shall be unable to complete any procedure of the auction process described in subsections (c) through (f) (inclusive) of this Section 2.21 due to the inability of such Person to transmit or receive communications through the means specified therein, such Person may rely on telephonic notice for the transmission or receipt of such communications. In any case where such Person shall rely on telephone transmission or receipt, any communication made by telephone shall, as soon as possible thereafter, be followed by written confirmation thereof.
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Invitation for Competitive Bids. Promptly upon receipt of a Competitive Bid Request, Agent shall send to the Banks by telex or facsimile transmission an Invitation for Competitive Bids substantially in the form of EXHIBIT C-2 hereto, which shall constitute an invitation by Borrower to each Bank to submit Competitive Bids offering to make the Competitive Bid Loans to which such Competitive Bid Request relate in accordance with this Section.
Invitation for Competitive Bids. Promptly after its receipt of a Competitive Bid Request (but, in any event, no later than 4:00 P.M., Boston time, on the date of such receipt) conforming to and received in compliance with the requirements of Subsection 2.03(b), the Administrative Agent shall send to each of the Lenders an Invitation for Competitive Bids which shall constitute an invitation by the Borrower to each such Lender to bid, on the terms and conditions of this Agreement, to make Competitive Loans pursuant to the Competitive Bid Request.
Invitation for Competitive Bids. Promptly after its receipt of a Competitive Bid Request (but, in any event, no later than 3:00 P.M. (New York City time), on the date of the Administrative Agent's receipt of such Competitive Bid Request, conforming to the requirements of SECTION 2.3(b) above, the Administrative Agent shall send to each of the Competitive Bid Lenders an Invitation for Competitive Bids which shall constitute an invitation by the Borrower to each such Lender to bid, on the terms and conditions of this Agreement to make Competitive Loans pursuant to the Competitive Bid Request; PROVIDED, HOWEVER, that unless such Competitive Bid Lender or any Affiliate of such Lender has Revolving Loans or a Revolving Commitment hereunder, such Competitive Bid Lender shall not be eligible to participate in competitive bidding hereunder.
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