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

Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower shall select the Type of Advance and, in the case of a Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 10:00 a.m. Local Time at least one Business Day before the Borrowing Date of each Floating Rate Advance, three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (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 a Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 5 contracts

Samples: Credit Agreement (Bemis Co Inc), Long Term Credit Agreement (Bemis Co Inc), 364 Day Credit Agreement (Bemis Co Inc)

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Method of Selecting Types and Interest Periods for New Advances. The applicable Other than with respect to Swing Line Loans (which shall be governed by Section 2.2), a Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Each Borrower shall give the Administrative Agent irrevocable written notice (a “Borrowing Notice”) not later (i) than 10:00 a.m. Local Time (Chicago time) at least one Business Day before the Borrowing Date of each Floating Rate Advance, Advance and three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and or (ii) not later than 11:00 a.m., London time at least four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (ia) the Borrowing Date, which shall be a Business Day, of such Advance;, (iib) the aggregate amount of such Advance;, (iiic) the Type of Advance selected, (d) the account to be used for funding such Advance; and (ive) in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Modine Manufacturing Co), Credit Agreement (Modine Manufacturing Co)

Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower shall select the Type of Advance and, in the case of a Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 10:00 a.m. Local Time at least one Business Day before the Borrowing Date of each Floating Rate AdvanceAdvance (other than a Swingline Loan), three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (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 a Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 2 contracts

Samples: Long Term Credit Agreement (Bemis Co Inc), Long Term Credit Agreement (Bemis Co Inc)

Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 10:00 11:00 a.m. Local Time at least one Business Day before (Chicago, Illinois time) on the Borrowing Date of each Floating Rate AdvanceAdvance (other than a Swing Line Loan), and not later than 10:00 a.m. (Chicago, Illinois time) at least three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days business days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (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 , and (iv) in the case of a each Eurocurrency Advance, the Interest Period and the Agreed Currency applicable thereto.

Appears in 2 contracts

Samples: Credit Agreement (Kimball International Inc), Credit Agreement (Kimball International Inc)

Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit C (a “Borrowing Notice”) not later than 10:00 11:00 a.m. Local Time at least one Business Day before (Minneapolis time) on the Borrowing Date of each Floating Base Rate AdvanceAdvance (other than a Swing Line Loan), three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency a currency other than Dollars, specifying: (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 a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Cabelas Inc)

Method of Selecting Types and Interest Periods for New Advances. The applicable A Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Such Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 10:00 a.m. Local Time at least one Business Day before (Central Time) on the Borrowing Date of each Floating Rate AdvanceAdvance (other than a Swing Line Loan), three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: specifying (ia) the Borrowing Date, which shall be a Business Day, of such Advance; , (iib) the aggregate amount of such Advance; , (iiic) the Type of Advance selected; and , (ivd) in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto, and (e) the applicable Borrower.

Appears in 1 contract

Samples: Credit Agreement (Cooper Cameron Corp)

Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 10:00 a.m. Local Time (Chicago time) at least one Business Day before the Borrowing Date of each Floating Rate Advance, three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (ia) the Borrowing Date, which shall be a Business Day, of such Advance;, (iib) the aggregate amount of such Advance;, (iiic) the Type of Advance selected; , and (ivd) in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc)

Method of Selecting Types and Interest Periods for New Advances. The applicable Other than with respect to Swing Line Loans (which shall be governed by Section 2.2), the Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 10:00 a.m. Local Time (Chicago time) at least one Business Day before the Borrowing Date of each Floating Rate Advance, three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (ia) the Borrowing Date, which shall be a Business Day, of such Advance;, (iib) the aggregate amount of such Advance;, (iiic) the Type of Advance selected; , and (ivd) in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Method of Selecting Types and Interest Periods for New Advances. The applicable Other than with respect to Swing Line Loans (which shall be governed by Section 2.2), the Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 10:00 a.m. Local Time (Chicago time) at least one Business Day before the Borrowing Date of each Floating Rate Advance, three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (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 a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower Subject to all of the terms and conditions of this Credit Agreement, Whirlpool shall select the Type of Advance and, in the case of a Eurocurrency each Eurodollar Rate Advance, the Interest Period and Agreed Currency applicable thereto thereto, for each Advance from time to timetime made to it. The applicable Borrower Whirlpool shall give the Administrative Agent an irrevocable notice substantially in the form of Exhibit E hereto (a “Borrowing Notice”) not later than 10:00 a.m. Local Time at least one 1:00 P.M. (New York City time) on the Business Day before immediately preceding the Borrowing Date of each Floating Rate Advance, Advance and three Business Days before the Borrowing Date for each Eurocurrency Advance denominated Eurodollar Rate Advance. A Borrowing Notice shall in Dollars accordance with all the terms and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifyingconditions of this Credit Agreement specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance; (ii) the Type of Advance selected; (iii) the aggregate amount of such Advance; (iii) the Type of Advance selected; and (iv) in the case of a Eurocurrency each Eurodollar Rate Advance, the Interest Period and Agreed Currency applicable thereto; and (v) the account information for the account of Whirlpool that shall be credited with the proceeds of such Advance.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Whirlpool Corp /De/)

Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower shall select the Type of each Advance and, in the case of a Eurocurrency each Eurodollar Advance, the Interest Period and Agreed Currency applicable thereto from time Period; provided that there shall be no more than two (2) Interest Periods in effect with respect to all of the Loans at any time, unless such limit has been waived by the Administrative Agent in its sole discretion. The applicable Borrower shall give the Administrative Agent irrevocable written notice (a “Borrowing Notice”) not later than 10:00 11:00 a.m. Local Time at least one Business Day before (New York City time) on the Borrowing Funding Date in the case of each Floating Rate Advance, Advance and not later than three (3) Business Days before the Borrowing Funding Date for in the case of each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than DollarsEurodollar Advance, specifying: (ia) the Borrowing Funding Date, which shall be a Business Day, of such Advance;, (iib) the aggregate amount of such Advance;, (iiic) the Type of Advance selected; and, (ivd) in the case of a Eurocurrency each Eurodollar Advance, the Interest Period and Agreed Currency applicable thereto, and (e) the payment instructions for the account of the Borrower to which such Advance shall be credited. The Borrower may not select an Interest Period that ends after the Maturity Date.

Appears in 1 contract

Samples: Loan Agreement (Patterson Companies, Inc.)

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Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 11:00 a.m. (Chicago, Illinois time) on the Borrowing Date of each ABR Advance (other than a Swing Line Loan), and not later than 10:00 a.m. Local Time (Chicago, Illinois time) at least one Business Day before the Borrowing Date of each Floating Rate Advance, three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days business days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (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 a each Eurocurrency Advance, the Interest Period and the Agreed Currency applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Kimball International Inc)

Method of Selecting Types and Interest Periods for New Advances. The applicable A Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable A Borrower shall give the Administrative Agent irrevocable notice (a "Borrowing Notice") not later than 10:00 a.m. Local Time at least one Business Day before (Columbus time) on the Borrowing Date of each Floating Rate Advance, three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (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 a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Keithley Instruments Inc)

Method of Selecting Types and Interest Periods for New Advances. The applicable Borrower shall select the Type of Advance and, in the case of a Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing NoticeBorrowingNotice”) not later than 10:00 a.m. Local Time at least one Business Day before the Borrowing Date of each Floating Rate AdvanceAdvance (other than a Swingline Loan), three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (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 a Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Bemis Co Inc)

Method of Selecting Types and Interest Periods for New Advances. The applicable Other than with respect to Swing Line Loans (which shall be governed by Section 2.2), a Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Each Borrower shall give the Administrative Agent irrevocable written notice (a “Borrowing Notice”) not later (i) than 10:00 a.m. Local Time (Chicago time) at least one Business Day before the Borrowing Date of each Floating Rate Advance, Advance and three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four or (ii) not later than 11:00 a.m., London time at least three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: (ia) the Borrowing Date, which shall be a Business Day, of such Advance;, (iib) the aggregate amount of such Advance;, (iiic) the Type of Advance selected, (d) the account to be used for funding such Advance; and (ive) in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Modine Manufacturing Co)

Method of Selecting Types and Interest Periods for New Advances. The applicable A Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Such Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 10:00 a.m. Local Time at least one Business Day before (Chicago time) on the Borrowing Date of each Floating Rate AdvanceAdvance (other than a Swing Line Loan), three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: specifying (ia) the Borrowing Date, which shall be a Business Day, of such Advance; , (iib) the aggregate amount of such Advance; , (iiic) the Type of Advance selected; and , (ivd) in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto, and (e) the applicable Borrower.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Cooper Cameron Corp)

Method of Selecting Types and Interest Periods for New Advances. The applicable A Borrower shall select the Type of Advance and, in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto from time to time. The applicable Such Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 10:00 a.m. Local Time at least one Business Day before (Central Time) on the Borrowing Date of each Floating Rate AdvanceAdvance (other than a Swing Line Loan), three Business Days before the Borrowing Date for each Eurocurrency Advance denominated in Dollars and four Business Days before the Borrowing Date for each Eurocurrency Advance denominated in an Agreed Currency other than Dollars, specifying: specifying (ia) the Borrowing Date, which shall be a Business Day, of such Advance; , (iib) the aggregate amount of such Advance; , (iiic) the Type of Advance selected; and , (ivd) in the case of a each Eurocurrency Advance, the Interest Period and Agreed Currency applicable thereto, and (e) the applicable Borrower.

Appears in 1 contract

Samples: Credit Agreement (Cooper Cameron Corp)

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