Mechanics for Requesting Advances Sample Clauses

Mechanics for Requesting Advances. Advance Notice) requires the Borrower to deliver an appropriately completed Advance Notice to DOE not less than twenty (20) Business Days prior to any Requested Advance Date, in the case of an Advance in an amount equal to or greater than $500,000,000 and less than $2,000,000,000, (ii) Section 4.2.2
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Mechanics for Requesting Advances. Advance Notice) and (ii) certification from the Borrower that the requested Advance conforms to the Advance Schedule.
Mechanics for Requesting Advances. Subject to the Funding Agreements, from time to time during the Availability Period, the Borrower may request Advances under the Funding Agreements by (i) not less than 18 Business Days prior to any Requested Advance Date and (ii) not more than 20 Business Days prior to any Requested Advance Date, delivering, by an Acceptable Delivery Method, to DOE, an appropriately completed request with respect to such Advance (a “Master Advance Notice”), which shall be in the form attached as Exhibit A (Form of Master Advance Notice) hereto (as such form may be amended, supplemented or modified from time to time by DOE, the “Form of Master Advance Notice”). The Borrower may request Advances no more frequently than once per Fiscal Quarter of the Borrower. The Borrower shall not request an Advance be made under (a) the Building Note for anything other than Costs of Improvement and (b) the DSRA Note unless the aggregate amount of all Advances made under the Building Note is, or simultaneously with the requested Advance under the DSRA Note will be, equal to the Building Loan Maximum Principal Amount.
Mechanics for Requesting Advances. The Borrower may request an Advance by delivering to DOE, with a copy to the Lender’s Engineer, an appropriately completed Advance Notice with respect to such Advance at any time not less than (i) eighteen (18) Business Days prior to the Requested Advance Date in the case of an Advance in an amount less than $500,000,000, (ii) twenty (20) Business Days prior to the Requested Advance Date in the case of an Advance in an amount equal to or greater than $500,000,000 and less than $2,000,000,000, and (iii) twenty-five (25) Business Days prior to the Requested Advance Date in the case of an Advance in an amount equal to or greater than $2,000,000,000. Without DOE’s written consent, the Borrower may not request an Advance more frequently than once per calendar quarter; provided that the Borrower may make the initial request for an Advance under the Additional FFB Credit Facility Documents concurrently with a request for an Advance of the remaining FFB Credit Facility Commitment under the Original FFB Credit Facility Documents and such requests shall be deemed to be one request.
Mechanics for Requesting Advances 

Related to Mechanics for Requesting Advances

  • Requests for Borrowings To request a Borrowing, the Borrower shall notify the Administrative Agent of such request either in a written Borrowing Request signed by the Borrower (delivered by hand or telecopy) or by telephone (in the case of a Borrowing denominated in dollars) or through any Electronic System, if arrangements for doing so have been approved by the Administrative Agent, (a) in the case of a Eurocurrency Borrowing, not later than 12:00 noon, Local Time, three (3) Business Days (in the case of a Eurocurrency Borrowing denominated in dollars) or four (4) Business Days (in the case of a Eurocurrency Borrowing denominated in a Foreign Currency other than Mexican Pesos) or five (5) Business Days (in the case of a Eurocurrency Borrowing denominated in Mexican Pesos), in each case before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 12:00 noon, New York City time, on the date of the proposed Borrowing; provided that any such notice of an ABR Revolving Borrowing to finance the reimbursement of an LC Disbursement as contemplated by Section 2.06(e) may be given not later than 9:00 a.m., New York City time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery, telecopy or a communication through any Electronic System to the Administrative Agent of a written Borrowing Request signed by the Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.01: (i) the Class of the Borrowing and the aggregate principal amount of the requested Borrowing; (ii) the date of such Borrowing, which shall be a Business Day; (iii) whether such Borrowing is to be an ABR Borrowing or a Eurocurrency Borrowing; (iv) in the case of a Eurocurrency Borrowing, the Agreed Currency and initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period”; and (v) the location and number of the Borrower’s account to which funds are to be disbursed, which shall comply with the requirements of Section 2.07, and a breakdown of the separate wires comprising such Borrowing. If no election as to the Agreed Currency of any Borrowing is specified, then the requested Borrowing shall be denominated in dollars. If no election as to the Type of Borrowing is specified, then, in the case of a Borrowing denominated in dollars, the requested Borrowing shall be an ABR Borrowing. If no Interest Period is specified with respect to any requested Eurocurrency Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. Promptly following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing.

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