Notice of Borrowing Requirements. (a) Each Borrowing of a Prime Lending Rate Portion shall be made on a Business Day, and each Borrowing of a LIBOR Lending Rate Portion shall be made on a LIBOR Business Day.
(b) Each Borrowing shall be made upon telephonic notice given by a Responsible Officer of Borrowers, followed by a Notice of Borrowing, given by facsimile or personal service, delivered to Agent at the address set forth in the Notice of Borrowing. If for a Prime Lending Rate Portion, Agent shall be given such notice no later than 11:00 a.m., Pacific time, one (1) Business Day prior to the day on which such Borrowing is to be made, and, if for a LIBOR Lending Rate Portion, Agent shall be given notice no later than 9:00 a.m., Pacific time, three (3) LIBOR Business Days prior to the day on which such Borrowing is to be made, and such notice shall state the amount and purpose thereof (subject to the provisions of Section 2.1). Upon receipt of any Notice of Borrowing from Borrowers, (x) Agent shall promptly notify each Revolving Loan Lender or Equipment Loan Lender, as applicable, thereof, (y) each Revolving Loan Lender or Equipment Loan Lender, as applicable, will make the amount of its pro rata share of each Borrowing available to Agent for the account of Borrowers at Agent’s Lending Office for such Loans prior to 10:00 a.m., Pacific time, on the date requested by Borrowers in funds immediately available to Agent and (z) such Borrowing will then be made available to Borrowers by Agent crediting the account of Borrowers on the books of such Lending Office with the aggregate of the amounts made available to Agent by Revolving Loan Lenders and Equipment Loan Lenders, as applicable, and in like funds as received by the Agent.
(c) Neither Agent nor any Lender shall incur any liability to Borrowers in acting upon any telephonic notice which Agent believes in good faith to have been given by a Responsible Officer of Borrowers, or for otherwise acting in good faith under this Section 2.5, and in making any Loans pursuant to telephonic notice.
(d) So long as all of the conditions for a Borrowing of a Loan set forth herein have been satisfied, Agent shall make the proceeds of such Loan available to Borrowers on the applicable Borrowing date by transferring same day funds, equal to the amount of such Loan, in accordance with written disbursement instructions given by Borrowers to Agent, in form and substance satisfactory to Agent and otherwise consistent with Section 7.1
Notice of Borrowing Requirements. (a) Each Borrowing of a Base Lending Rate Portion shall be made on a Business Day and each Borrowing of a LIBOR Lending Rate Portion shall be made on a LIBOR Business Day.
(b) Each Borrowing shall be made upon telephonic notice given by a Responsible Officer of a Borrower, followed by a Notice of Borrowing, given by facsimile or personal service, delivered to Bank at the address set forth in the Notice of Borrowing. If for a Base Lending Rate Portion, Bank shall be given such notice no later than 11:00 a.m., Pacific time, one (1) Business Day prior to the day on which such Borrowing is to be made, and, if for a LIBOR Lending Rate Portion, Bank shall be given notice no later than 9:00 a.m., Pacific time, three (3) LIBOR Business Days prior to the day on which such Borrowing is to be made, and such notice shall state the amount and purpose thereof (subject to the provisions of Section 2.1).
(c) Bank shall not incur any liability to Borrowers in acting upon any telephonic notice which Bank believes in good faith to have been given by a Responsible Officer of any Borrower, or for otherwise acting in good faith under this Section 2.5, and in making any Loans pursuant to telephonic notice.
(d) So long as all of the conditions for a Borrowing of a Loan set forth herein have been satisfied, Bank shall credit the proceeds of such Loan on the applicable Borrowing date into Borrowers' general deposit account number 1891922658 maintained with Bank.
Notice of Borrowing Requirements. Section 2.5(b) of the Agreement is hereby amended in its entirety as follows:
Notice of Borrowing Requirements. (a) Each Borrowing shall be made on a Business Day.
(b) Each Borrowing shall be made upon email or fax notice given by an Authorized Officer of Borrowers. Bank shall be given such notice no later than 11:00 a.m., Pacific time, 1 Business Day prior to the day on which such Borrowing is to be made.
(c) So long as all of the conditions for a Borrowing of a Loan set forth herein have been satisfied, Bank shall credit the proceeds of such Loan on the applicable Borrowing date into Borrowers’ Account, or as otherwise directed in writing by an Authorized Officer.
Notice of Borrowing Requirements. (a) Each Borrowing shall be made on a Business Day.
(b) Each Borrowing shall be made upon telephonic notice given by a Responsible Officer of Borrower, followed by a Notice of Borrowing, given by facsimile or personal service, delivered to Lender at the address set forth in the Notice of Borrowing. Lender shall be given such notice no later than 11:00 a.m., New York, New York time, on the day on which such Borrowing is to be made, and such notice shall state the amount thereof (subject to the limitations set forth in Section 2.2). Any Notice of Borrowing (or telephonic notice in respect thereof) shall be irrevocable and Borrower shall be bound to borrow in accordance therewith.
(c) Lender shall not incur any liability to Borrower in acting upon any telephonic notice which Lender believes in good faith to have been given by a Responsible Officer of Borrower, or for otherwise acting in good faith under this Section 2.3, and in making any Revolving Loans pursuant to telephonic notice.
(d) So long as all of the conditions for a Borrowing set forth herein have been satisfied, Lender shall make the proceeds of such Borrowing available to Borrower on the applicable Borrowing date by transferring same day funds, equal to the amount of such Borrowing, in accordance with written disbursement instructions given by Borrower to Lender, in form and substance satisfactory to Lender and otherwise consistent with Section 6.1.
Notice of Borrowing Requirements. 1.6.1 Each Borrowing of a Base Lending Rate Portion shall be made on a Business Day and each Borrowing of a LIBOR Lending Rate Portion shall be made on a LIBOR Business Day.
1.6.2 Each Borrowing shall be made by a Notice of Borrowing, given by facsimile or personal service, delivered to Agent at the address set forth in Section 11.11 of this Agreement. If for a Base Lending Rate Portion, Agent shall be given such notice no later than
Notice of Borrowing Requirements a. Each Borrowing shall be made on a Business Day.
b. Each Borrowing shall be made upon a written Notice of Borrowing given by the Authorized Officer of Administrative Borrower, by facsimile or other electronic transmission, or personal service delivered to Bank at the address set forth in the Notice of Borrowing. Bank shall be given such notice no later than 11:00 a.m., Pacific time, on the Business Day prior to such proposed Borrowing. Such notice shall state the amount and purpose thereof (subject to the provisions of Section 1.1 and Section 1.2). Once given, a Notice of Borrowing shall be irrevocable and Borrowers shall be bound thereby.
c. So long as all of the conditions for a Borrowing of a Loan set forth herein have been satisfied, Bank shall credit the proceeds of such Loan on the applicable Borrowing date into Borrowers’ Account, or as otherwise directed in writing by the Authorized Officer of Administrative Borrower.
Notice of Borrowing Requirements. (a) Each Borrowing shall be made on a Business Day.
(b) Each Borrowing shall be made upon written notice, by way of a Notice of Borrowing, in the form of Exhibit B, attached hereto, given by telecopy, mail, or personal service, delivered to the Lender at its office at 0000 Xxxxxxxx Xxxx, Xxxxxxxxxxx, Xxxxxxxxx at least three Business Days prior to the day on which such Borrowing is to be made and such notice shall specify that a Borrowing is requested and state the amount thereof (subject to the provisions of this Article 2).
Notice of Borrowing Requirements. 23 2.6 Conversion or Continuation Requirements......................................24 2.7
Notice of Borrowing Requirements. Funding by Lenders; Payments by Borrowers; Presumptions by Agent 6
