Common use of Invitation for Money Market Quotes Clause in Contracts

Invitation for Money Market Quotes. Promptly upon receipt of a Money Market Quote Request, but no later than 1:00 p.m. (New York City time) on (i) the fourth Euro-Dollar Business Day prior to the proposed date of Borrowing, or (ii) the Domestic Business next preceding the date of the proposed Borrowing, the Lead Agent shall send to the Banks by telex or facsimile transmission an Invitation for Money Market Quotes substantially in the form of Exhibit E hereto (an "Invitation for Money Market Quotes"), which shall constitute an invitation by the applicable Borrower or CarrAmerica LP, as the case may be, to each Bank to submit Money Market Quotes offering to make the Money Market Loans to which such Money Market Quote Request relates in accordance with this Section.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Carramerica Realty Corp), Revolving Credit Agreement (Carramerica Realty Corp), Revolving Credit Agreement (Carramerica Realty Corp)

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Invitation for Money Market Quotes. Promptly upon receipt of a Money Market Quote Request, but no later than 1:00 p.m. (New York City time) on (i) the fourth Euro-Dollar Business Day prior to the proposed date of Borrowing, or (ii) the Domestic Business next preceding the date of the proposed Borrowing, the Lead Administrative Agent shall send to the Banks by telex or facsimile transmission an Invitation for Money Market Quotes substantially in the form of Exhibit E hereto (an "β€œInvitation for Money Market Quotes"”), which shall constitute an invitation by the applicable Borrower or CarrAmerica LP, as the case may be, to each Bank to submit Money Market Quotes offering to make the Money Market Loans to which such Money Market Quote Request relates in accordance with this Section.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Carramerica Realty Corp), Revolving Credit Agreement (Carramerica Realty Corp)

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Invitation for Money Market Quotes. Promptly upon receipt of a Money Market Quote Request, but no later than 1:00 p.m. (New York City time) on (i) the fourth Euro-Dollar Business Day prior to the proposed date of Borrowing, in the case of a LIBOR Auction, or (ii) the Domestic Business Day next preceding the date of the proposed Borrowing, in the case of an Absolute Rate Auction, the Lead Agent shall send to the Banks by telex or facsimile transmission an Invitation for Money Market Quotes substantially in the form of Exhibit E D hereto (an "Invitation for Money Market Quotes"), which shall constitute an invitation by the applicable Borrower or CarrAmerica LP, as the case may be, to each Bank to submit Money Market Quotes offering to make the Money Market Loans to which such Money Market Quote Request relates in accordance with this Section.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cabot Industrial Properties Lp)

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