Common use of Method of Borrowing and Funding Swing Line Loans Clause in Contracts

Method of Borrowing and Funding Swing Line Loans. By no later than 1:00 p.m. on the date of the requested borrowing of Swing Line Loans, the Borrower shall provide telephone notice to the Swing Line Lender, followed promptly by a written Swing Line Loan Request in the form of Exhibit 2.4(b) (which may be submitted by telecopy) setting forth (i) the amount of the requested Swing Line Loan and (ii) the date of the requested Swing Line Loan and complying in all respects with Section 5.2. The Swing Line Lender shall initiate the transfer of funds representing the Swing Line Loan advance to the Borrower by 3:00 p.m. on the Business Day of the requested borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Quest Diagnostics Inc), Credit Agreement (Quest Diagnostics Inc)

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Method of Borrowing and Funding Swing Line Loans. By no later than 1:00 p.m. p.m., on the date of the requested borrowing of Swing Line Loans, the Borrower shall provide telephone notice the Swing Line Lender as well as submit a Swing Line Loan Request to the Swing Line Lender, followed promptly by a written Swing Line Loan Request Lender in the form of Exhibit 2.4(b) (which may be submitted by telecopy) setting forth (i) the amount of the requested Swing Line Loan and (ii) the date of the requested Swing Line Loan and complying in all respects with Section 5.2. The Swing Line Lender shall initiate the transfer of funds representing the Swing Line Loan advance to the Borrower by 3:00 p.m. on the Business Day of the requested borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Knoll Inc), Credit Agreement (Knoll Inc)

Method of Borrowing and Funding Swing Line Loans. By no later than 1:00 p.m. on the date of the requested borrowing of Swing Line Loans, the Borrower shall provide telephone notice to the Swing Line Lender, followed promptly by a written Swing Line Loan Request in the form of Exhibit 2.4(b2.3(b) (which may be submitted by telecopy) setting forth (i) the amount of the requested Swing Line Loan and (ii) the date of the requested Swing Line Loan and complying in all respects with Section 5.2. The Swing Line Lender shall initiate the transfer of funds representing the Swing Line Loan advance to the Borrower by 3:00 p.m. on the Business Day of the requested borrowing.Line

Appears in 1 contract

Samples: Credit Agreement (Quest Diagnostics Inc)

Method of Borrowing and Funding Swing Line Loans. By no later than 1:00 p.m. on the date of the requested borrowing of Swing Line Loans, the Borrower shall provide telephone notice the Swing Line Lender as well as submit a Swing Line Loan Request to the Swing Line Lender, followed promptly by a written Swing Line Loan Request Lender in the form of Exhibit 2.4(b) (which may be submitted by telecopy2.5(b) setting forth (i) the amount of the requested Swing Line Loan and (ii) the date of the requested Swing Line Loan and complying in all respects with Section 5.2. The Swing Line Lender shall initiate the transfer of funds representing the Swing Line Loan advance to the Borrower by 3:00 p.m. on the Business Day of the requested borrowing.

Appears in 1 contract

Samples: Credit Agreement (Us Can Corp)

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Method of Borrowing and Funding Swing Line Loans. By no later than 1:00 p.m. p.m., on the date of the requested borrowing of Swing Line Loans, the Borrower shall provide telephone notice the Swing Line Lender as well as submit a Swing Line Loan Request to the Swing Line Lender, followed promptly by a written Swing Line Loan Request Lender in the form of Exhibit 2.4(b) (which may be submitted by telecopyEXHIBIT 2.5(B) setting forth (i) the amount of the requested Swing Line Loan and (ii) the date of the requested Swing Line Loan and complying in all respects with Section 5.2. The Swing Line Lender shall initiate the transfer of funds representing the Swing Line Loan advance to the Borrower by 3:00 p.m. on the Business Day of the requested borrowing.

Appears in 1 contract

Samples: Credit Agreement (Medical Staffing Network Holdings Inc)

Method of Borrowing and Funding Swing Line Loans. By no later than 1:00 p.m. on the date of the requested borrowing of Swing Line Loans, the Borrower shall provide telephone notice to the Swing Line Lender, followed promptly by a written Swing Line Loan Request in the form of Exhibit 2.4(b2.3(b) (which may be submitted by telecopy) setting forth (i) the amount of the requested Swing Line Loan and (ii) the date of the requested Swing Line Loan and complying in all respects with Section 5.2. The Swing Line Lender shall initiate the transfer of funds representing the Swing Line Loan advance to the Borrower by 3:00 p.m. on the Business Day of the requested borrowing.

Appears in 1 contract

Samples: Credit Agreement (Quest Diagnostics Inc)

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