Notice of Borrowing and Disbursement. The Administrative Borrower shall request a Swingline Loan borrowing by delivering to the Administrative Agent a Notice of Borrowing (or telephone notice promptly confirmed in writing by delivering to the Administrative Agent a Notice of Borrowing, which delivery may be by fax) not later than 12:00 Noon (New York City time) on the date of the requested borrowing. Each such Notice of Borrowing shall be irrevocable and shall specify (A) that a Swingline Loan is requested, (B) the date of the requested borrowing (which shall be a Business Day), (C) the aggregate principal amount to be borrowed and (D) the Borrower requesting such borrowing. The Administrative Agent shall give notice to the Swingline Lender promptly upon receipt of each Notice of Borrowing and the contents thereof. Swingline Loan borrowings hereunder shall be made in minimum amounts of $100,000 and in integral amounts of $100,000 in excess thereof.
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Samples: Amendment and Restatement Agreement (Alliance One International, Inc.), Credit Agreement (Alliance One International, Inc.)
Notice of Borrowing and Disbursement. The Administrative Borrower shall request a Swingline Loan borrowing by delivering to the Administrative Agent a Notice of Borrowing (or telephone notice promptly confirmed in writing by delivering to the Administrative Agent a Notice of Borrowing, which delivery may be by fax) not later than 12:00 Noon (New York City Charlotte, North Carolina time) on the date of the requested borrowing. Each such Notice of Borrowing shall be irrevocable and shall specify (A) that a Swingline Loan is requested, (B) the date of the requested borrowing (which shall be a Business Day), (C) the aggregate principal amount to be borrowed and (D) the Borrower requesting such borrowing. The Administrative Agent shall give notice to the Swingline Lender promptly upon receipt of each Notice of Borrowing and the contents thereof. Swingline Loan borrowings hereunder shall be made in minimum amounts of $100,000 and in integral amounts of $100,000 in excess thereof.
Appears in 2 contracts
Samples: Credit Agreement (Alliance One International, Inc.), Credit Agreement (Alliance One International, Inc.)
Notice of Borrowing and Disbursement. The Administrative Borrower shall may request a Swingline Loan borrowing by delivering to the Administrative Agent a Notice of Borrowing written notice (or telephone notice promptly confirmed in writing by delivering to the Administrative Agent a Notice of Borrowing, which delivery confirmation may be by fax) to the Swingline Lender and a copy to the Agent not later than 12:00 Noon (New York City Charlotte, North Carolina time) on the date Business Day of the requested Swingline borrowing. Each such Notice of Borrowing notice shall be irrevocable and shall specify (A) that a Swingline Loan borrowing is requested, (B) the date of the requested Swingline Loan borrowing (which shall be a Business Day), ) and (C) the aggregate principal amount to be borrowed and (D) of the Borrower requesting such Swingline Loan borrowing. The Administrative Agent shall give notice to the Swingline Lender promptly upon receipt A form of each Notice of Borrowing and (a "Notice of Borrowing") is attached as Schedule 2.1(b)(i). Requests for Swingline Loans made in accordance with this Section 2.3 will be honored by the contents thereofend of the date of the requested borrowing specified in the Notice of Borrowing. Each Swingline Loan borrowings hereunder borrowing shall be made in a minimum amounts aggregate amount of $100,000 and in integral amounts multiples of $100,000 in excess thereofthereof (or the remaining amount of the Swingline Commitment, if less).
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