Common use of Notice of Committed Borrowings Clause in Contracts

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWING") not later than 10:30 A.M. (New York City 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 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 bear interest initially at the Base Rate or a Euro-Dollar Rate, (d) the Class of Loans comprising such Borrowing, and (e) 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.

Appears in 2 contracts

Samples: Credit Agreement (Duke Energy Corp), Credit Agreement (Duke Capital Corp)

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Notice of Committed Borrowings. The Borrower shall give to the Administrative Agent a notice (a "NOTICE OF COMMITTED BORROWINGNotice of Committed Borrowing") not later than 10:30 A.M. 12:30 P.M. (New York City time) on (x) the date of each Base Rate Borrowing, (y) the second Domestic Business Day before each CD 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 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 bear interest initially at the Base Rate or at a CD Rate or a Euro-Dollar Rate, (d) the Class of Loans comprising such Borrowing, and (ed) in the case of a Euro-Dollar Fixed Rate Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Commercial Credit Co)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWINGNotice of Committed Borrowing") not later than 10:30 11:00 A.M. (New York City time) on (x) the date of each Base Rate Borrowing, (y) the second Domestic Business Day before each CD 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 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 bear interest initially at the be CD Loans, Base Rate Loans or a Euro-Dollar Rate, (d) the Class of Loans comprising such BorrowingLoans, and (ed) in the case of a Euro-Dollar Fixed Rate Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period.Period.2.2Money

Appears in 1 contract

Samples: Credit Agreement (Neiman Marcus Group Inc)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWINGNotice of Committed Borrowing") at its New York address not later than 10:30 10:00 A.M. (New York City time) on (x) the date of each Base Rate Borrowing Borrowing, and (y) the third Euro-Dollar Currency Business Day before each Euro-Dollar Currency Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Domestic Borrowing or a Euro-Dollar Euro- Currency Business Day in the case of a Euro-Dollar Currency Borrowing, (b) the aggregate amount of such Borrowing, (c) whether the Loans comprising such Borrowing are to bear interest initially at the be Base Rate Loans or a Euro-Dollar Rate, (d) the Class of Loans comprising such BorrowingCurrency Loans, and (ed) in the case of a Euro-Dollar Fixed Rate Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Ingersoll Rand Co)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWING") not later than 10:30 11:00 A.M. (New York City 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 Domestic 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 bear interest initially at the Base Rate or a Euro-Dollar Rate; and, (d) the Class of Loans comprising such Borrowing, and (e) 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.

Appears in 1 contract

Samples: Credit Agreement (Imc Global Inc)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWING") not later than 10:30 11:00 A.M. (New York City Boston, Massachusetts time) on (x) the date of each Base Rate Borrowing, (y) the second Domestic Business Day before each CD 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 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 bear interest initially at the be CD Loans, Base Rate Loans or a Euro-Dollar Rate, (d) the Class of Loans comprising such BorrowingLoans, and (ed) in the case of a Euro-Dollar Fixed Rate Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Harcourt General Inc)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWINGNotice of Committed Borrowing") not later than 10:30 A.M. (New York City 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 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 bear interest initially at the Base Rate or a Euro-Dollar Rate, (d) the Class of Loans comprising such Borrowing, and (e) 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.

Appears in 1 contract

Samples: By Laws (Duke Energy Corp)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWINGNotice of Committed Borrowing") not later than 10:30 A.M. 12:00 Noon (New York City time) on on: (x) the date of each Base Rate Borrowing Borrowing, (y) the Domestic Business Day next preceding the date of each CD 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 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 bear interest initially at the Base Rate, a CD Rate or a Euro-Dollar Rate, (d) the Class of Loans comprising such Borrowing, and (ed) in the case of a Euro-Dollar Fixed Rate Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Praxair Inc)

Notice of Committed Borrowings. The applicable Borrower shall give the Administrative Agent notice notice, substantially in the form of Exhibit B hereto (a "NOTICE OF COMMITTED BORROWING") ), not later than 10:30 11:30 A.M. (New York City time) on (x) the date of each Base Rate Borrowing and (y) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying: (ai) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Domestic Base Rate Borrowing or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing, (bii) the aggregate amount of such Borrowing, (ciii) whether the Loans comprising such Borrowing are to bear interest initially at the Base Rate or at a Euro-Dollar Rate, (d) the Class of Loans comprising such Borrowing, and (eiv) 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.

Appears in 1 contract

Samples: Credit Agreement (Timberland Co)

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Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWINGNotice of Committed Borrowing") not later than 10:30 A.M. (New York City time) on (x) the date of each Base Rate Borrowing, (y) the second Domestic Business Day before each CD 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 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 bear interest initially at the be CD Loans, Base Rate Loans or a Euro-Dollar Rate, (d) the Class of Loans comprising such BorrowingLoans, and (ed) in the case of a Euro-Dollar Fixed Rate Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Western Atlas Inc)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWING"“Notice of Committed Borrowing”) not later than 10:30 A.M. (New York City time) on (x) the date of each Base Rate Borrowing that is not a Swingline Loan and (y) the third Euro-Dollar Euro‑Dollar Business Day before each Euro-Dollar Euro‑Dollar Borrowing, specifying: (a) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Domestic Base Rate Borrowing or and a Euro-Dollar Euro‑Dollar Business Day in the case of a Euro-Dollar Euro‑Dollar Borrowing, (b) the aggregate amount of such Borrowing, (c) whether the Loans comprising such Borrowing are to bear interest initially at the be Base Rate Loans or a Euro-Dollar Rate, (d) the Class of Loans comprising such BorrowingEuro‑Dollar Loans, and (ed) 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.

Appears in 1 contract

Samples: Credit Agreement (Aetna Inc /Pa/)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWINGNotice of Committed Borrowing") not later than 10:30 11:00 A.M. (New York City 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 Domestic 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 bear interest initially at the Base Rate or a Euro-Dollar Rate; and, (d) the Class of Loans comprising such Borrowing, and (e) 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.

Appears in 1 contract

Samples: Credit Agreement (Imc Global Inc)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWINGNotice of Committed Borrowing") not later than 10:30 11:00 A.M. (New York City Boston, Massachusetts time) on (x) the date of each Base Rate Borrowing, (y) the second Domestic Business Day before each CD 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 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 bear interest initially at the be CD Loans, Base Rate Loans or a Euro-Dollar Rate, (d) the Class of Loans comprising such BorrowingLoans, and (ed) in the case of a Euro-Dollar Fixed Rate Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Nick Acquisition Corp)

Notice of Committed Borrowings. The Borrower shall give the Administrative Agent notice (a "NOTICE OF COMMITTED BORROWING") not later than 10:30 A.M. (New York City time) on (x) the date of each Base Rate Borrowing, (y) the second Domestic Business Day before each CD 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 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 bear interest initially at the Base Rate, a CD Rate or a Euro-Dollar Rate,; and (d) the Class of Loans comprising such Borrowing, and (e) in the case of a Euro-Dollar Fixed Rate Borrowing, the duration of the initial Interest Period applicable thereto, subject to the provisions of the definition of Interest Period.

Appears in 1 contract

Samples: Credit Agreement (Litton Industries Inc)

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