Common use of Making Advances Clause in Contracts

Making Advances. (a) Each Borrowing of Advances under the Loan prior to the Conversion Date shall be made upon the written notice of Company, received by Administrative Agent not later than (i) 12:00 noon three Business Days prior to the proposed date of the Borrowing, in the case of LIBOR Advances and (ii) not later than 10:00 a.m. on the date of such Borrowing, in the case of Base Rate Advances. Each such notice of a Borrowing (a "BORROWING NOTICE") shall be by telecopy, promptly confirmed by letter, in substantially the form of EXHIBIT E hereto specifying therein:

Appears in 2 contracts

Samples: Guaranty Agreement (Franchise Finance Corp of America), Credit Agreement (Franchise Finance Corp of America)

AutoNDA by SimpleDocs

Making Advances. (a) Each Borrowing of Advances under the Revolving Loan prior to the Conversion Date shall be made upon the written notice of Company, received by Administrative Agent not later than (i) 12:00 noon three Business Days prior to the proposed date of the Borrowing, in the case of LIBOR Advances and (ii) not later than 10:00 a.m. on the date of such Borrowing, in the case of Base Rate Advances. Each such notice of a Borrowing (a "BORROWING NOTICEBorrowing Notice") shall be by telecopy, promptly confirmed by letter, in substantially the form of EXHIBIT Exhibit E hereto specifying therein:

Appears in 2 contracts

Samples: Credit Agreement (Franchise Finance Corp of America), Credit Agreement (Franchise Finance Corp of America)

Making Advances. (a) Each Borrowing of Advances under the Revolving Loan prior to and the Conversion Date Term Loan shall be made upon the written notice of Company, received by Administrative Agent Lender not later than (i) 12:00 noon three Business Days prior to the proposed date of the Borrowing, in the case of LIBOR Advances and (ii) not later than 10:00 a.m. on the date of such Borrowing, in the case of Base Rate Advances. Each such notice of a Borrowing (a "BORROWING NOTICEBorrowing Notice") shall be by telecopy, promptly confirmed by letter, in substantially the form of EXHIBIT E Exhibit F hereto specifying therein:

Appears in 1 contract

Samples: Credit Agreement (Franchise Finance Corp of America)

Making Advances. (a) Each Borrowing of Advances under the Revolving Loan prior to and the Conversion Date Term Loan shall be made upon the written notice of Company, received by Administrative Agent not later than (i) 12:00 noon three Business Days prior to the proposed date of the Borrowing, in the case of LIBOR Advances and (ii) not later than 10:00 a.m. on the date of such Borrowing, in the case of Base Rate Advances. Each such notice of a Borrowing (a "BORROWING NOTICEBorrowing Notice") shall be by telecopy, promptly confirmed by letter, in substantially the form of EXHIBIT E Exhibit F hereto specifying therein:

Appears in 1 contract

Samples: Credit Agreement (Franchise Finance Corp of America)

AutoNDA by SimpleDocs

Making Advances. (a) Each Borrowing of Advances under the Revolving Loan prior to the Conversion Date shall be made upon the written notice of Company, received by Administrative Agent not later than (i) 12:00 noon three Business Days prior to the proposed date of the Borrowing, in the case of LIBOR Advances and (ii) not later than 10:00 a.m. on the date of such Borrowing, in the case of Base Rate Advances. Each such notice of a Borrowing (a "BORROWING NOTICE") shall be by telecopy, promptly confirmed by letter, in substantially the form of EXHIBIT E hereto specifying therein:

Appears in 1 contract

Samples: Credit Agreement (Franchise Finance Corp of America)

Time is Money Join Law Insider Premium to draft better contracts faster.