Common use of Notice of Borrowings Clause in Contracts

Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, not later than 8:30 A.M. (California local time) on (x) the date of each Base Rate Borrowing and (y) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing; (b) the aggregate amount of such Borrowing; (c) whether the Loans comprising such Borrowing are to be Base Rate Loans or Euro-Dollar Loans; and (d) in the case of a Euro-Dollar Borrowing, the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Euro-Dollar Loans shall be in effect at any time.

Appears in 3 contracts

Samples: Short Term Credit Agreement (Hilton Hotels Corp), Short Term Credit Agreement (Hilton Hotels Corp), Short Term Credit Agreement (Hilton Hotels Corp)

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Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, not later than 8:30 A.M. (California local time) on (xy) the date of each Base Rate Borrowing Borrowing, and (yz) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing; (b) the aggregate amount of such Borrowing; (c) whether the Loans comprising such Borrowing are to be Base Rate Loans or Euro-Dollar Loans; and (d) in the case of a Euro-Dollar Borrowing, the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Euro-Dollar Loans shall be in effect at any time.

Appears in 1 contract

Samples: Credit Agreement (Hilton Hotels Corp)

Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, ”) not later than 8:30 11:00 A.M. (California local Eastern time) on (x) the date of each Base Rate Borrowing and (y) the third Euro-Dollar Euro‑Dollar Business Day before each Euro-Dollar Euro‑Dollar Borrowing, specifying: (a) the date of such the Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Euro‑Dollar Business Day in the case of a Euro-Dollar Euro‑Dollar Borrowing; (b) the aggregate amount of such Borrowingthe Borrowing which shall not exceed the aggregate amount of the Commitments on the date of the Borrowing specified; (c) whether the Loans comprising such the Borrowing are to be bear interest initially at the Base Rate Loans or a Euro-Dollar LoansRate; and (d) in the case of a Euro-Dollar Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Euro-Dollar Loans shall be in effect at any time.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Progress Energy Inc)

Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, not later than 8:30 A.M. (California local time) on (xy) the date of each Base Rate Borrowing and (yz) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing; (b) the aggregate amount of such Borrowing; (c) whether the Loans comprising such Borrowing are to be Base Rate Loans or Euro-Dollar Loans; and (d) in the case of a Euro-Dollar Borrowing, the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Committed Borrowings which are Euro-Dollar Loans Borrowings having different Interest Periods shall be in effect outstanding at any time.

Appears in 1 contract

Samples: Multi Year Credit Agreement (Park Place Entertainment Corp)

Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, ”) not later than 8:30 11:00 A.M. (California local Eastern time) on (x) the date of each Base Rate Borrowing and (y) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (a) the date of such the Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing; (b) the aggregate amount of such Borrowingthe Borrowing which shall not exceed the aggregate amount of the Commitments on the date of the Borrowing specified; (c) whether the Loans comprising such the Borrowing are to be bear interest initially at the Base Rate Loans or a Euro-Dollar LoansRate; and (d) in the case of a Euro-Dollar Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Euro-Dollar Loans shall be in effect at any time.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Piedmont Natural Gas Co Inc)

Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, not later than 8:30 A.M. (California local time) on (xy) the date of each Base Rate Borrowing and (yz) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing; (b) the aggregate amount of such Borrowing; (c) whether the Loans comprising such Borrowing are to be Base Rate Loans or Euro-Dollar Loans; and (d) in the case of a Euro-Dollar Borrowing, the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Borrowings which are Euro-Dollar Loans Borrowings having different Interest Periods shall be in effect outstanding at any time.

Appears in 1 contract

Samples: Short Term Credit Agreement (Park Place Entertainment Corp)

Notice of Borrowings. The Borrower shall give the -------------------- Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, ) not later than 8:30 10:00 A.M. ------------------- (California local Chicago time) on (x) the date of each Alternate Base Rate Borrowing and (y) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Domestic Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing;, (b) the aggregate amount of such Borrowing;, (c) whether the Loans comprising such Borrowing are to be bear interest initially at the Alternate Base Rate Loans or a Euro-Dollar Loans; Rate, (d) the Class of Loans comprising such Borrowing, and (de) in the case of a Euro-Dollar Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Euro-Dollar Loans shall be in effect at any time.

Appears in 1 contract

Samples: Credit Agreement (Duke Energy Corp)

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Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, not later than 8:30 9:00 A.M. (California local time) on (xy) the date of each Base Rate Borrowing and (yz) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing; (b) the aggregate amount of such Borrowing; (c) whether the Loans comprising such Borrowing are to be Base Rate Loans or Euro-Dollar Loans; and (d) in the case of a Euro-Dollar Borrowing, the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Committed Borrowings which are Euro-Dollar Loans Borrowings having different Interest Periods shall be in effect outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Caesars Entertainment Inc)

Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, not later than 8:30 A.M. (California local time) on (x) the date of each Base Rate Borrowing and (y) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Euro- Dollar Borrowing; (b) the aggregate amount of such Borrowing; (c) whether the Loans comprising such Borrowing are to be Base Rate Loans or Euro-Dollar Loans; and (d) in the case of a Euro-Dollar Borrowing, the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not more than twelve Interest Periods with respect to Euro-Dollar Loans shall be in effect at any time.

Appears in 1 contract

Samples: Short Term Credit Agreement (Hilton Hotels Corp)

Notice of Borrowings. The Borrower shall give the Administrative Agent notice (a "Notice of Borrowing"), substantially in the form of Exhibit D hereto, ”) not later than 8:30 11:00 A.M. (California local New York City time) on (x) the date of such Borrowing, in the case of each Base Rate Borrowing Borrowing, and (y) the third Euro-Dollar Business Day before such Borrowing, in the case of each Euro-Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing;, (b) the aggregate amount of such Borrowing;, (c) whether the Loans comprising such Borrowing are to be bear interest initially at the Base Rate Loans or a Euro-Dollar Loans; Rate, and (d) in the case of a Euro-Dollar Borrowing, the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period. Not Notwithstanding the foregoing, no more than twelve Interest Periods with respect to ten Euro-Dollar Loans shall be in effect outstanding at any one time, and any Borrowing which would exceed such limitation shall be made as a Base Rate Borrowing.

Appears in 1 contract

Samples: Term Loan Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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