Common use of Method of Selecting Types and Interest Periods for Advances Clause in Contracts

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 1:00 p.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three Business Days before the Borrowing Date for each Eurodollar Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date).

Appears in 9 contracts

Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)

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Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a “Borrowing Notice”) not later than 1:00 p.m. 10:00 a.m. (New York Los Angeles time) (xa) on the Borrowing Date of each Floating Rate Advance and (yb) at least three Business Days before the Borrowing Date for of each Eurodollar Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance,; (ii) the aggregate amount of such Advance,; (iii) the Type of Advance selected, ; and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the scheduled Facility Termination Date).

Appears in 2 contracts

Samples: Credit Agreement (Puget Energy Inc /Wa), Credit Agreement (Puget Energy Inc /Wa)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 1:00 p.m. (New York time) 12:00 noon (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three Business Days before the Borrowing Date for each Eurodollar Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date).

Appears in 2 contracts

Samples: Credit Agreement (Madison Gas & Electric Co), Credit Agreement (Madison Gas & Electric Co)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice in substantially the form of Exhibit E hereto (a "Borrowing Notice") not later than 1:00 p.m. 11:30 a.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three (3) Business Days before the Borrowing Date for each Eurodollar Advance. A Each Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date)thereto.

Appears in 2 contracts

Samples: Credit Agreement (Portland General Electric Co /Or/), Credit Agreement (Portland General Electric Co /Or/)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Term Benchmark Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 1:00 p.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three Business Days before the Borrowing Date for each Eurodollar Term Benchmark Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Term Benchmark Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date).

Appears in 1 contract

Samples: Credit Agreement (Madison Gas & Electric Co)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 1:00 p.m. 11:30 a.m. (New York time) (x) on at least one Business Day before the Borrowing Date of each Floating Rate Advance and (y) at least three Business Days before the Borrowing Date for each Eurodollar Advance. A Each Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date)thereto.

Appears in 1 contract

Samples: Credit Agreement (Portland General Electric Co /Or/)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 1:00 p.m. 10:00 a.m. (New York Chicago time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three Business Days before the Borrowing Date for each Eurodollar Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date).

Appears in 1 contract

Samples: Credit Agreement (Madison Gas & Electric Co)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice in substantially the form of Exhibit E hereto (a "Borrowing Notice") not later than 1:00 p.m. 11:30 a.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three (3) Business Days before the Borrowing Date for each Eurodollar Advance. A Each Borrowing Notice shall specify: (i) : the Borrowing Date, which shall be a Business Day, of such Advance, (ii) , the aggregate amount of such Advance, (iii) , the Type of Advance selected, and (iv) and in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date)thereto.

Appears in 1 contract

Samples: Credit Agreement (Portland General Electric Co /Or/)

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Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Term Benchmark Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 1:00 p.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three Business Days before the Borrowing Date for each Eurodollar Term Benchmark Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, , (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Term Benchmark Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date).

Appears in 1 contract

Samples: Credit Agreement (Madison Gas & Electric Co)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 1:00 p.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three Business Days before the Borrowing Date for each Eurodollar Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, , (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the Facility Termination Date).

Appears in 1 contract

Samples: Credit Agreement (Madison Gas & Electric Co)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 1:00 p.m. 12:00 noon (New York Chicago time) (xa) on the Borrowing Date of each Floating Rate Advance and (yb) at least three Business Days before the Borrowing Date for of each Eurodollar Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance,; (ii) the aggregate amount of such Advance,; (iii) the Type of Advance selected, ; and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the scheduled Facility Termination Date).

Appears in 1 contract

Samples: Credit Agreement (Puget Sound Energy Inc)

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Eurodollar Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a “Borrowing Notice”) not later than 1:00 p.m. (New York time) (xa) on the Borrowing Date of each Floating Rate Advance and (yb) at least three Business Days before the Borrowing Date for of each Eurodollar Advance. A Borrowing Notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance,; (ii) the aggregate amount of such Advance,; (iii) the Type of Advance selected, ; and (iv) in the case of each Eurodollar Advance, the Interest Period applicable thereto (which may not end after the scheduled Facility Termination Date).

Appears in 1 contract

Samples: Credit Agreement (Puget Energy Inc /Wa)

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