Common use of Notice of Borrowing and Disbursement Clause in Contracts

Notice of Borrowing and Disbursement. Upon receiving a Notice of Borrowing from the Company not later than 11:00 A.M. on any Business Day requesting a Swingline Loan, the Swingline Lender will make Swingline Loans available to the applicable Borrower on the same Business Day such request is received by the Administrative Agent. If the Company shall fail to specify in any such Notice of Borrowing the applicable Borrower for such Swingline Loan, then such notice shall be deemed to be a request for a Swingline Loan for the Company. Swingline Loan borrowings hereunder shall be made in minimum amounts of $100,000 and in integral amounts of $25,000 in excess thereof (or the remaining amount of the Swingline Committed Amount, if less).

Appears in 3 contracts

Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), First Lien Credit Agreement (GateHouse Media, Inc.), Credit Agreement (GateHouse Media, Inc.)

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Notice of Borrowing and Disbursement. Upon receiving a Notice of Borrowing from the Company Borrower not later than 11:00 A.M. 12:00 P.M. on any Business Day requesting that a Swingline LoanLoan be made, the Swingline Lender will make Swingline Loans available to the applicable Borrower on the same Business Day such request is received by the Administrative Agent. If the Company shall fail to specify in any such Notice of Borrowing the applicable Borrower for such Swingline Loan, then such notice shall be deemed to be a request for a Swingline Loan for the Company. Swingline Loan borrowings hereunder shall be made in minimum amounts of $100,000 (or the remaining available amount of the Swingline Committed Amount if less) and in integral amounts of $25,000 100,000 in excess thereof thereof; provided, however, that this (or the remaining amount of i) shall not apply if Swingline Loans are made automatically pursuant to a credit sweep in accordance with the Swingline Committed AmountLender’s treasury management system, if less)available.

Appears in 2 contracts

Samples: Credit Agreement (Enova International, Inc.), Credit Agreement (Cash America International Inc)

Notice of Borrowing and Disbursement. Upon receiving a Notice of Borrowing for a Swingline Loan (in the form attached hereto as Exhibit 5.2(a)) from the Company Borrowers not later than 11:00 A.M. 12:00 P.M. on any Business Day requesting that a Swingline LoanLoan be made, the Swingline Lender will make Swingline Loans available to the applicable Borrower on the same Business Day such request is received by the Administrative Agent. If the Company shall fail to specify in any such Notice of Borrowing the applicable Borrower for such Swingline Loan, then such notice shall be deemed to be a request for a Swingline Loan for the Company. Swingline Loan borrowings Borrowings hereunder shall be made in the minimum aggregate amounts of $100,000 75,000.00 (or the remaining available amount of the Swingline Committed Amount if less) and in integral amounts of $25,000 75,000.00 in excess thereof (thereof, and shall specify whether the Borrowing is a BWW Development Advance, a BD Development Advance or the remaining amount of the Swingline Committed Amount, if less)a Real Estate Advance.

Appears in 1 contract

Samples: Credit Agreement (Diversified Restaurant Holdings, Inc.)

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Notice of Borrowing and Disbursement. Upon receiving a Notice of Borrowing for a Swingline Loan (in the form attached hereto as Exhibit 5.2(a)) from the Company Borrowers not later than 11:00 A.M. 12:00 P.M. on any Business Day requesting that a Swingline LoanLoan be made, the Swingline Lender will make Swingline Loans available to the applicable Borrower on the same Business Day such request is received by the Administrative Agent. If the Company shall fail to specify in any such Notice of Borrowing the applicable Borrower for such Swingline Loan, then such notice shall be deemed to be a request for a Swingline Loan for the Company. Swingline Loan borrowings Borrowings hereunder shall be made in the minimum aggregate amounts of $100,000 75,000.00 (or the remaining available amount of the Swingline Committed Amount if less) and in integral amounts of $25,000 75,000.00 in excess thereof (or the remaining amount of the Swingline Committed Amount, if less)thereof.

Appears in 1 contract

Samples: Credit Agreement (Diversified Restaurant Holdings, Inc.)

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