NEW BORROWINGS. The Borrower hereby gives you notice pursuant to Section 2.3 of the Credit Agreement that it requests a Borrowing under the Credit Agreement, and in that connection sets forth below the terms on which such Borrowing is requested to be made:
NEW BORROWINGS. The Company hereby gives you notice pursuant to Section 2.3 of the Credit Agreement that it requests a Borrowing under the Credit Agreement, and in that connection sets forth below the terms on which such Borrowing is requested to be made:
NEW BORROWINGS. The Post-Amendment Revolving Credit Banks hereby waive the requirements in Section 2.5 or otherwise under the Credit Agreement that the Borrower must deliver a Loan Request for Revolving Credit Loans under the Revolving Credit Euro-Rate Option to be made on the effective date of this Amendment three (3) Business Days before the Borrowing Date for such Loans; provided that the Borrower shall deliver a completed Loan Request for such Loans on or before 2:00 p.m. one (1) Business Day before the effective date of this Amendment. The Post-Amendment Revolving Credit Banks shall participate in Revolving Credit Loans made on and after the Borrowing Date according to their Ratable Shares (after giving effect to this Amendment), as more fully described in Section 2 of the Credit Agreement [Revolving Credit Facility].
NEW BORROWINGS. (a) Aggregate amount of Borrowing to be $-------------; (b) Requested funding date is -----------------, 199--; (c) Type of Borrowing: ------- Euro-Dollar ------- Base Rate (d) Length of Interest Period for Euro-Dollar Borrowings is: ---------------; / / 2. Continuation for Euro-Dollar Loans maturing on ------------; (a) Aggregate amount to be continued as Euro-Dollar Loans is $---------------; (b) Length of new Interest Period for Euro-Dollar Loans is----- ; / / 3. Conversion of outstanding Base Rate Loans to Euro-Dollar Loans: Convert $------------- of the outstanding Base Rate Loans to Euro-Dollar Loans on -------------- with an initial Interest Period of ---------------. / / 4. Conversion of outstanding Euro-Dollar Loans to Base Rate Loans: Convert $ ---------- of the outstanding Euro-Dollar Loans with an Interest Period ending on -------------, 199--, to Base Rate Loans. / / 5. Letter of Credit. A Letter of Credit in the amount of $[_______]. The Letter of Credit will be used for [______________________]. The Borrower requests that the original of the Letter of Credit be delivered to [________________________]. The undersigned is authorized to execute this request on behalf of the Borrower. The undersigned further certifies, represents and warrants on behalf of the Borrower that (a) the Borrower is entitled to receive the requested Borrowing, continuation, conversion or Letter of Credit under the terms and conditions of the Credit Agreement, (b) the representations and warranties of the Borrower contained in Article V of the Credit Agreement (i) were true and correct when made, and are true and correct at and as of the date hereof and (ii) will be deemed repeated at and as of the date of the Borrowing, continuation, conversion or issuance of Letter of Credit requested hereby, and (c) no Default exists as of the date hereof or will exist as of the date of the Borrowing, continuation, conversion or issuance of Letter of Credit requested hereby. TNP ENTERPRISES, INC. By:____________________________________ Name: [_____________________________] Title: [_____________________________] EXHIBIT 4.1(b) OPINION OF BORROWER'S COUNSEL November [___], 1998 To: The Lenders and the Agent Referred to Below c/o NationsBank, N.A., as Agent 000 Xxxx Xxxxxx, 00xx Xxxxx Xxxxxx, Xxxxx 00000 Attention: Xx. Xxxxxx X. Anderson Senior Vice President Utility Finance Group Dear Xx. Xxxxxxxx:
NEW BORROWINGS. When the Borrower makes a new loan (Including, but not limited to, borrowings from financial institutions, parent companies, subsidiaries and affiliates.), the Borrower shall report to all Lenders and Agents to that effect and the details thereof in advance.
