Common use of Notice and Manner of Borrowing Clause in Contracts

Notice and Manner of Borrowing. The Borrower shall give the Bank notice of its intention to borrow under any Revolving Credit Loan at least one Business Day before the Business Day such Loan is to be disbursed to the Borrower, and shall specify: (1) the proposed funding date of such Loan; and (2) the amount of such Loan. All notices given under this Section by the Borrower shall be irrevocable and shall be given not later than 11:00 a.m. Kansas City time on the day which is not less than the number of Business Days specified above for such notice. For purposes of this Section, the Borrower agrees that the Bank may rely and act upon any request for a Loan from any individual who the Bank, absent gross negligence or willful misconduct, believes to be a representative of the Borrower.

Notice and Manner of Borrowing. The Borrower Borrowers shall give the Bank notice of its their intention to borrow under any Revolving Credit Loan at least one Business Day before the Business Day such Loan is to be disbursed to the BorrowerLoan, and shall specifyin each case specifying: (1) the proposed funding date of such Loan; and (2) the amount of such Loan; and (3) whether the principal amount of such Loan, together with the principal amount of all Revolving Credit Loans then outstanding, is within the Borrowing Base at such time. All notices given under this Section by the a Borrower shall be irrevocable and shall be given not later than 11:00 a.m. Kansas City time on the day on which such Loan is not less than the number of Business Days specified above for such noticeto be made. For purposes of this Section, the Borrower agrees Borrowers agree that the Bank may rely and act upon any request for a Loan from any individual who the Bank, absent gross negligence or willful misconduct, believes to be a representative of the a Borrower.