Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative shall request each Revolving Loan by submitting such request by ABLSoft (or, if requested by Agent, by delivering, in writing or by an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “Notice of Borrowing”). Subject to the terms and conditions of this Agreement, Agent shall, except as provided in Section 2.2, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify at a bank acceptable to Agent (provided, that such account must be one identified on Section 3 of the Perfection Certificate and approved by Agent as an account to be used for funding of Loan proceeds) (any such account, a “Funding Account”) by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent on or before 10:00 a.m. Central Time on a Business Day or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent after 10:00 a.m. Central Time on a Business Day or on a day that is not a Business Day. Agent shall charge to the Revolving Loan Agent’s usual and customary fees for the wire transfer of each Loan.
Appears in 5 contracts
Samples: Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.), Loan and Security Agreement (Rubicon Technologies, Inc.)
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative shall request each Revolving Loan by submitting such request by ABLSoft (or, if requested by Agent, by delivering, in writing or by an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “Notice of Borrowing”). Subject to the terms and conditions of this Agreement, Agent shall, except as provided in Section 2.2, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower Borrowers as Borrower Representative may specify at a bank acceptable to Agent (provided, provided that such account must be one identified on Section 3 of the Perfection Certificate and approved by Agent as an account to be used for funding of Loan proceeds) (any such account, a “Funding Account”) by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent on or before 10:00 a.m. Central Time on a Business Day or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent after 10:00 a.m. Central Time on a Business Day or on a day that is not a Business Day. Agent shall charge to the Revolving Loan Agent’s usual and customary fees for the wire transfer of each Loan.
Appears in 4 contracts
Samples: Loan and Security Agreement (Kaspien Holdings Inc.), Loan and Security Agreement (Kaspien Holdings Inc.), Loan and Security Agreement (Trans World Entertainment Corp)
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative shall request each Revolving Loan by submitting such request by ABLSoft (or, if requested by Agent, by delivering, in writing or by an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “"Notice of Borrowing”"). Subject to the terms and conditions of this Agreement, Agent shall, except as provided in Section 2.2, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify at a bank acceptable to Agent (provided, that such account must be one identified on Section 3 of the Perfection Certificate and approved by Agent as an account to be used for funding of Loan proceeds) (any such account, a “"Funding Account”") by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent on or before 10:00 11:00 a.m. Central Time on a Business Day or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent after 10:00 11:00 a.m. Central Time on a Business Day or on a day that is not a Business Day. Agent shall charge to the Revolving Loan Agent’s 's usual and customary fees for the wire transfer of each Loan.
Appears in 3 contracts
Samples: Loan and Security Agreement (R F Industries LTD), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative Borrowing Agent shall request each Revolving Loan by an Authorized Officer submitting such request by ABLSoft via Passport 6.0 (or, if requested by AgentLender, by delivering, in writing or by via an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “Notice of Borrowing”). Subject to the terms and conditions of this Agreement, Agent including Sections 1.1 and 1.6, Lender shall, except as provided in Section 2.21.3, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify at a bank acceptable to in the United States of America as Borrowing Agent may specify (provided, provided that such account must be one identified on Section 3 of the Perfection Certificate Disclosure Schedule and approved by Agent Lender as an account to be used for funding of Loan loan proceeds) (any such account, a “Funding Account”) by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent Lender on or before 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent Lender after 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or is received by Lender on a any day that is not a Business Day. Agent Lender shall charge to the Revolving Loan AgentLender’s usual and customary fees for the wire transfer of each Loan.
Appears in 1 contract
Samples: Loan and Security Agreement
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative shall request each Revolving Loan by submitting such request by ABLSoft (or, if requested by Agent, by delivering, in writing or by an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “"Notice of Borrowing”"). Subject to the terms and conditions of this Agreement, Agent shall, except as provided in Section 2.2, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify at a bank acceptable to Agent (provided, that such account must be one identified on Section 3 of the Perfection Certificate and approved by Agent as an account to be used for funding of Loan proceeds) (any such account, a “"Funding Account”") by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent on or before 10:00 a.m. Central Time on a Business Day or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent after 10:00 a.m. Central Time on a Business Day or on a day that is not a Business Day. Agent shall charge to the Revolving Loan Agent’s 's usual and customary fees for the wire transfer of each Loan.
Appears in 1 contract
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative shall request each Revolving Loan by an Authorized Officer submitting such request by ABLSoft via Passport 6.0 (or, if requested by AgentLender, by delivering, in writing or by via an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “Notice of Borrowing”). Subject to the terms and conditions of this Agreement, Agent including Sections 1.1 and 1.6, Lender shall, except as provided in Section 2.21.3, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify at a bank acceptable to Agent in the United States of America as Borrower may specify (provided, provided that such account must be one identified on Section 3 of the Perfection Certificate Disclosure Schedule and approved by Agent Lender as an account to be used for funding of Loan loan proceeds) (any such account, a “Funding Account”) by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent Lender on or before 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent Lender after 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or is received by Lender on a any day that is not a Business Day. Agent Lender shall charge to the Revolving Loan AgentLender’s usual and customary fees for the wire transfer of each Loan.
Appears in 1 contract
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative shall request each Revolving Loan by an Authorized Officer submitting such request by ABLSoft via Passport 6.0 (or, if requested by AgentLender, by delivering, in writing or by via an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “Notice of Borrowing”). Subject to the terms and conditions of this Agreement, Agent including Sections 1.1 and 1.6, Lender shall, except as provided in Section 2.21.3, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify at a bank acceptable to Agent in the United States of America as Borrower may specify (provided, provided that such account must be one identified on Section 3 of the Perfection Certificate Disclosure Schedule and approved by Agent Lender as an account to be used for funding of Loan loan proceeds) (any such account, a “Funding Account”) by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent Lender on or before 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent Lender after 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or is received by Lender on a any day that is not a Business Day. Agent Lender shall charge to the Revolving Loan AgentLender’s usual and customary fees for the wire transfer of each Loan.Loan.1.5
Appears in 1 contract
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative Borrowing Agent shall request each Revolving Loan by an Authorized Officer submitting such request by ABLSoft via ABLServe (or, if requested by AgentXxxxxx, by delivering, in writing or by via an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “Notice of Borrowing”). Subject to the terms and conditions of this Agreement, Agent including Sections 1.1 and 1.6, Lender shall, except as provided in Section 2.21.3, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify Borrowers at a bank acceptable to in the United States of America as Borrowing Agent may specify (provided, provided that such account must be one identified on Section 3 39 of the Perfection Information Certificate and approved by Agent Lender as an account to be used for funding of Loan loan proceeds) (any such account, a “Funding Account”) by wire transfer of immediately available funds (ia) on the same day if the Notice of Borrowing is received by Agent Lender on or before 10:00 a.m. Central 12:00 p.m. Eastern Time on a Business Day Day, or (iib) on the immediately following Business Day if the Notice of Borrowing is received by Agent Lender after 10:00 a.m. Central 12:00 p.m. Eastern Time on a Business Day Day, or is received by Lender on a any day that is not a Business Day. Agent Lender shall charge to the Revolving Loan AgentLender’s usual and customary fees for the wire transfer of each Loan.
Appears in 1 contract
Samples: Loan and Security Agreement (Salem Media Group, Inc. /De/)
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative Borrowing Agent shall request each Revolving Loan by an Authorized Officer submitting such request by ABLSoft via Passport 6.0 (or, if requested by AgentLender, by delivering, in writing or by via an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “Notice of Borrowing”). Subject to the terms and conditions of this Agreement, Agent including Sections 1.1 and 1.6, Lender shall, except as provided in Section 2.21.3, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify Borrowers at a bank acceptable to in the United States of America as Borrowing Agent may specify (provided, provided that such account must be one identified on Section 3 of the Perfection Certificate Disclosure Schedule and approved by Agent Lender as an account to be used for funding of Loan loan proceeds) (any such account, a “Funding Account”) by wire transfer of immediately available funds (ia) on the same day if the Notice of Borrowing is received by Agent Lender on or before 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or (iib) on the immediately following Business Day if the Notice of Borrowing is received by Agent Lender after 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or is received by Lender on a any day that is not a Business Day. Agent Lender shall charge to the Revolving Loan AgentLender’s usual and customary fees for the wire transfer of each Loan.
Appears in 1 contract
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative Borrowing Agent shall request each Revolving Loan by an Authorized Officer submitting such request by ABLSoft via Passport 6.0 (or, if requested by AgentLender, by delivering, in writing or by via an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “Notice of Borrowing”). Subject to the terms and conditions of this Agreement, Agent including Sections 1.1 and 1.6, Lender shall, except as provided in Section 2.21.3, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify at a bank acceptable to in the United States of America as Borrowing Agent may specify (provided, provided that such account must be one identified on Section 3 of the Perfection Certificate Disclosure Schedule and approved by Agent Lender as an account to be used for funding of Loan loan proceeds) (any such account, a “Funding Account”) by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent Lender on or before 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent Lender after 10:00 11:00 a.m. Central Eastern Time on a Business Day Day, or is received by Lender on a any day that is not a Business Day. Agent Lender shall charge to the Revolving Loan AgentLender’s usual and customary fees for the wire transfer of each Loan.
Appears in 1 contract
Samples: Loan and Security Agreement (New Age Beverages Corp)
Notice of Borrowing; Manner of Revolving Loan Borrowing. (a) Borrower Representative shall request each Revolving Loan by submitting such request by ABLSoft (or, if requested by Agent, by delivering, in writing or by an Approved Electronic Communication, a Notice of Borrowing substantially in the form of Exhibit A hereto) (each such request a “"Notice of Borrowing”"). Subject to the terms and conditions of this Agreement, Agent shall, except as provided in Section 2.2, deliver the amount of the Revolving Loan requested in the Notice of Borrowing for credit to any account of Borrower as Borrower Representative may specify at a bank acceptable to Agent (provided, that such account must be one identified on Section 3 Schedule 5(a) of the Perfection Certificate and approved by Agent as an account to be used for funding of Loan proceeds) (any such account, a “"Funding Account”") by wire transfer of immediately available funds (i) on the same day if the Notice of Borrowing is received by Agent on or before 10:00 a.m. Central Time on a Business Day or (ii) on the immediately following Business Day if the Notice of Borrowing is received by Agent after 10:00 a.m. Central Time on a Business Day or on a day that is not a Business Day. Agent shall charge to the Revolving Loan Agent’s 's usual and customary fees for the wire transfer of each Loan.
Appears in 1 contract