Common use of Notice by the Borrower Clause in Contracts

Notice by the Borrower. To request a Revolving Credit Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone (i) in the case of a Eurodollar Borrowing, not later than 12:00 noon, New York City time, three Business Days before the date of the proposed Borrowing or (ii) in the case of an ABR Borrowing, not later than 12:00 noon, New York City time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any Borrowing Request for such Borrowing (x) shall be made not later than 10:00 A.M., New York City time, one Business Day before the date of the proposed Borrowing, and (y) may be revoked by the Borrower at any time prior to 2:00 P.M., New York City time, on the date identified in such Borrowing Request as the date of the proposed Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Cars.com Inc.), Credit Agreement (Cars.com Inc.)

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Notice by the Borrower. To request a Revolving Credit Syndicated Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone in writing (i) in the case of a Eurodollar SOFR Borrowing, not later than 12:00 noon, New York City time, three U.S. Government Securities Business Days before the date of the proposed Borrowing, (ii) in the case of a Eurocurrency Borrowing, not later than 12:00 noon, London time, three Business Days before the date of the proposed Borrowing or (iiiii) in the case of an a Syndicated ABR Borrowing, not later than 12:00 noon, New York City time, on the date of the proposed BorrowingBorrowing (or, in each case, such later date or time as the Administrative Agent may otherwise agree). Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly (w) irrevocable, (x) given by hand delivery delivery, telecopy or telecopy electronic mail to the Administrative Agent of a written Borrowing Request Agent, (y) in a form approved by the Administrative Agent and (z) signed by the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any ; provided that a Borrowing Request for may state that such Borrowing (x) shall be made not later than 10:00 A.M.notice is conditioned upon the effectiveness of any transaction, New York City time, one Business Day before the date of the proposed Borrowing, and (y) in which case such notice may be revoked or extended by the Borrower at any time prior (by notice to 2:00 P.M.the Administrative Agent no later than 12:00 noon, New York City time, on the date identified in specified effective date) if such Borrowing Request as the date of the proposed Borrowingcondition is not or will not be satisfied.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)

Notice by the Borrower. To request a Revolving Credit Syndicated Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone in writing (i) in the case of a Eurodollar SOFR Borrowing, not later than 12:00 noon, New York City time, three U.S. Government Securities Business Days before the date of the proposed Borrowing, (ii) in the case of a Eurocurrency Borrowing, not later than 12:00 noon, London time, three Business Days before the date of the proposed Borrowing or (iiiii) in the case of an a Syndicated ABR Borrowing, not later than 12:00 noon, New York City time, on the date of the proposed BorrowingBorrowing (or, in each case, such later date or time as the Administrative Agent may otherwise agree). Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly (w) irrevocable, (x) given by hand delivery delivery, telecopy or telecopy electronic mail to the Administrative Agent of a written Borrowing Request Agent, (y) in a form approved by the Administrative Agent and (z) signed by the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any .; provided that a Borrowing Request for may state that such Borrowing (x) shall be made not later than 10:00 A.M.notice is conditioned upon the effectiveness of any transaction, New York City time, one Business Day before the date of the proposed Borrowing, and (y) in which case such notice may be revoked or extended by the Borrower at any time prior (by notice to 2:00 P.M.the Administrative Agent no later than 12:00 noon, New York City time, on the date identified in specified effective date) if such Borrowing Request as the date of the proposed Borrowingcondition is not or will not be satisfied.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (BlackRock TCP Capital Corp.)

Notice by the Borrower. To request a Revolving Credit Borrowing, the Borrower shall notify the Administrative Agent of such request by delivery of a signed Borrowing Request or by telephone or e-mail (in each case, followed promptly by delivery of a signed Borrowing Request) (i) in the case of a Eurodollar EurocurrencySOFR Borrowing, not later than (x) if the then-current Benchmark is Adjusted Term SOFR, 12:00 noonp.m., New York City time, three (3) U.S. Government Securities Business Days before the date of the proposed Borrowing or (y) if the then-current Benchmark is Daily Compounded SOFR, 12:00 p.m., New York City time, five (5) U.S. Government Securities Business Days before the date of the proposed Borrowing or (ii) in the case of an ABR Borrowing, not later than 12:00 noonp.m., New York City time, on one Business Day before the date of the proposed Borrowing. Each such telephonic request for a Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any Borrowing Request for such Borrowing (x) shall be made not later than 10:00 A.M., New York City time, one Business Day before the date of the proposed Borrowing, and (y) may be revoked by the Borrower at any time prior to 2:00 P.M., New York City time, on the date identified in such Borrowing Request as the date of the proposed Borrowing.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Capital Southwest Corp)

Notice by the Borrower. To request a Revolving Credit Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone submitting a Borrowing Request (i) in the case of a Eurodollar Borrowing, not later than 12:00 noon, New York City time, three Business Days before the date of the proposed Borrowing or (ii) in the case of an ABR Borrowing, not later than 12:00 noon, New York City time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by a Responsible Officer of the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any Borrowing Request for such Borrowing (x) shall be made not later than 10:00 A.M., New York City time, one two Business Day Days before the date of the proposed Borrowing, and (y) may be revoked by the Borrower at any time prior to 2:00 P.M., New York City time, on the date identified in such Borrowing Request as the date of the proposed Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Eventbrite, Inc.)

Notice by the Borrower. To request a Revolving Credit Borrowing, the Borrower shall notify the Administrative Agent of such request by delivery of a signed Borrowing Request or by telephone or e-mail (in each case, followed promptly by delivery of a signed Borrowing Request) (i) in the case of a Eurodollar Term SOFR Borrowing, not later than 12:00 noon, New York City time, three (3) U.S. Government Securities Business Days before the date of the proposed Borrowing or Borrowing, (ii) in the case of (x) an ABR BorrowingBorrowing not in excess of $50,000,000, not later than 12:00 noon10:00 a.m., New York City time, on the date of the proposed Borrowing and (y) any other ABR Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any Borrowing Request for such Borrowing (x) shall be made not later than 10:00 A.M.12:00 p.m., New York City time, one Business Day before the date of the proposed Borrowing, and (yiii) may be revoked by in the Borrower at any time prior to 2:00 P.M.case of a Eurocurrency Borrowing, not later than 12:00 p.m., New York City time, on four Business Days before the date identified of the proposed Borrowing or (iv) in such Borrowing Request as the case of an RFR Borrowing, not later than 12:00 p.m., New York City time, five (5) Business Days before the date of the proposed Borrowing.. Each such request for a Borrowing shall be irrevocable and shall be confirmed promptly by hand delivery or by email to the Administrative Agent of a 59

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Barings BDC, Inc.)

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Notice by the Borrower. To request a Revolving Credit Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone telephonein writing (i) in the case of a Eurodollar EurodollarTerm Benchmark Borrowing, not later than 12:00 noon, New York City time, three U.S. Government Securities Business Days before the date of the proposed Borrowing or (ii) in the case of an ABR Borrowing, not later than 12:00 noon, New York City time, on the date of the proposed Borrowing. Each such telephonic telephonicwritten Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any Borrowing Request for such Borrowing (x) shall be made not later than 10:00 A.M., New York City time, one Business Day before the date of the proposed Borrowing, and (y) may be revoked by the Borrower at any time prior to 2:00 P.M., New York City time, on the date identified in such Borrowing Request as the date of the proposed Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Cars.com Inc.)

Notice by the Borrower. To request a Revolving Credit Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone in writing (i) in the case of a Eurodollar Term Benchmark Borrowing, not later than 12:00 noon, New York City time, three U.S. Government Securities Business Days before the date of the proposed Borrowing or (ii) in the case of an ABR Borrowing, not later than 12:00 noon, New York City time, on the date of the proposed Borrowing. Each such telephonic written Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any Borrowing Request for such Borrowing (x) shall be made not later than 10:00 A.M., New York City time, one Business Day before the date of the proposed Borrowing, and (y) may be revoked by the Borrower at any time prior to 2:00 P.M., New York City time, on the date identified in such Borrowing Request as the date of the proposed Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Cars.com Inc.)

Notice by the Borrower. To request a Revolving Credit Syndicated Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone (i) in the case of a Eurodollar BorrowingTerm Benchmark Borrowing denominated in Dollars, not later than 12:00 noon11:00 a.m., New York City time, three DOCVARIABLE #DNDocID \* MERGEFORMAT 748401849 51 Second Amended and Restated Revolving Credit Agreement two Business Days before the date of the proposed Borrowing, (ii) in the case of a Term Benchmark Borrowing denominated in a Foreign Currency, not later than 11:00 a.m., New York City time, four Business Days before the date of the proposed Borrowing, (iii) in the case of an RFR Borrowing, not later than 11:00 a.m., New York City time, four Business Days before the date of the proposed Borrowing or (iiiv) in the case of an a Syndicated ABR Borrowing, not later than 12:00 noon11:00 a.m., New York City time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Notwithstanding anything herein to the contrary, solely with respect to any Revolving Credit Borrowing to be made on the Closing Date, any Borrowing Request for such Borrowing (x) shall be made not later than 10:00 A.M., New York City time, one Business Day before the date of the proposed Borrowing, and (y) may be revoked by the Borrower at any time prior to 2:00 P.M., New York City time, on the date identified in such Borrowing Request as the date of the proposed Borrowing.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Pennantpark Investment Corp)

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