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Notice of Loans Sample Clauses

Notice of Loans. (a) The Borrower shall request a Loan by giving the Administrative Agent telephonic (promptly confirmed in writing), written, telecopy or telex notice in the form of Exhibit C with respect to each Loan (i) in the case of a LIBO Rate Loan, not later than 10:30 a.m., New York City time, three Business Days before a proposed borrowing, and (ii) in the case of a Reference Rate Loan, not later than 10:30 a.m., New York City time, on the date of a proposed borrowing. Such notice shall be irrevocable (except that in the case of a LIBO Rate Loan, the Borrower may, subject to Section 2.13, revoke such notice by giving written or telex notice thereof to the Administrative Agent not later than 10:30 a.m., New York City time, two Business Days before such proposed borrowing) and shall in each case refer to this Agreement and specify (1) whether the Loan then being requested is to be a Reference Rate Loan or LIBO Rate Loan, (2) the date of such Loan (which shall be a Business Day) and amount thereof, and (3) if such Loan is to be a LIBO Rate Loan, the Interest Period or Interest Periods (which shall not end after the Maturity Date) with respect thereto. If no election as to the type of Loan is specified in any such notice by the Borrower, such Loan shall be a Reference Rate Loan. If no Interest Period with respect to any LIBO Rate Loan is specified in any such notice by the Borrower, then the Borrower shall be deemed to have selected an Interest Period of one month's duration. (b) The Borrower may continue or convert all or any part of any Loan as or into a Loan of the same or a different type in accordance with Section 2.10 and subject to the limitations set forth herein. If the Borrower shall not have delivered a borrowing notice in accordance with this Section 2.03 prior to the end of the Interest Period then in effect for any Loan requesting that such Loan be converted or continued as permitted hereby, then the Borrower shall (unless the Borrower has notified the Administrative Agent, not less than three Business Days prior to the end of such Interest Period, that such Loan is to be repaid at the end of such Interest Period) be deemed to have delivered a borrowing notice pursuant to this Section 2.03 requesting that such Loan be converted into or continued as a Reference Rate Loan of equivalent amount. (c) Notwithstanding any provision to the contrary in this Agreement, the Borrower shall not in any borrowing notice under this Section 2.03 request any LIBO Rate Loa...
Notice of Loans. 27 SECTION 2.04. Notes; Repayment of Loans..............................27 SECTION 2.05.
Notice of Loans. Jitney Jungle shall, through a Responsible Officer, give the Agent irrevocable written, telex or facsimile notice (promptly confirmed in writing) of each borrowing (including, without limitation, a conversion as permitted by Section 2.02(e) hereof) (i) not later than 11:00 A.M., New York City time, three (3) Business Days before a proposed Eurodollar Loan borrowing or conversion and (ii) not later than 1:00 P.M., New York City time on the Business Day of the requested Base Rate Loan borrowing or conversion. Such notice shall specify (w) whether the Loans then being requested are to be Base Rate Loans or Eurodollar Loans, (x) the date of such borrowing (which shall be a Business Day) and amount thereof, (y) if such Loans are to be Eurodollar Loans, the Interest Period with respect thereto and (z) the Borrower for whose account such borrowing is being made. If no election as to the type of Loan is specified in any such notice, all such Loans shall be Base Rate Loans. If no Interest Period with respect to any Eurodollar Loan is specified in any such notice, then an Interest Period of one (1) month's duration shall be deemed to have been selected. The Agent shall promptly advise the Lenders of any notice given pursuant to this Section 2.03 and of each Lender's portion of the requested borrowing.
Notice of LoansThe Borrowers shall, through a Responsible Officer of any of the Borrowers, give the Administrative Agent irrevocable written, telex or facsimile notice (promptly confirmed in writing) of each borrowing (including, without limitation, a conversion as permitted by Section 2.02(e) hereof) not later than 11:00 A.M., Los Angeles, California time, (i) three (3) Business Days before a proposed Eurodollar Loan borrowing or conversion and (ii) one Business Day before an Alternate Base Loan borrowing or conversion (except that no such confirmation will be required, unless requested by the Administrative Agent, to the extent that the proceeds of such borrowing are requested to be disbursed to Borrowers' controlled disbursement account maintained with the Administrative Agent). Such notice shall specify (w) whether the Loans then being requested are to be Alternate Base Loans or Eurodollar Loans, it being agreed that all Loans made on the Closing Date shall be Alternate Base Loans, (x) the date of such borrowing (which shall be a Business Day) and amount thereof and (y) if such Loans are to be Eurodollar Loans, the Interest Period with respect thereto. If no election as to the type of Loan is specified in any such notice, all such Loans shall be Alternate Base Loans. If no Interest Period with respect to any Eurodollar Loan is specified in any such notice, then an Interest Period of one (1) month's duration shall be deemed to have been selected; provided, however, that no such Interest Period may be for more than one (1) month for the period commencing on the Closing Date and ending on the earlier to occur of (x) the 120th day following the Closing Date and (y) the completion to the satisfaction of the Syndication Agent of the syndication of the Total Revolving Credit Commitment and the Loans and other Credits thereunder. The Administrative Agent shall promptly advise the Lenders of any notice given pursuant to this Section 2.03 and of each Lender's portion of the requested borrowing.
Notice of Loans. 25 SECTION 2.04. Notes; Repayment of Loans ................................................................. 25 SECTION 2.05. Interest on Loans ......................................................................... 28 SECTION 2.06. Fees ....................................................................................
Notice of Loans. 25 SECTION 2.04. Notes; Repayment of Loans..............................25 SECTION 2.05. Interest on Loans......................................27 SECTION 2.06. Fees...................................................27 SECTION 2.07. Termination and Reduction of Revolving Credit Commitments............................................28 SECTION 2.08. Interest on Overdue Amounts; Alternate Rate of Interest............................................29 SECTION 2.09. Prepayment of Loans....................................30 SECTION 2.10. Reserve Requirements; Change in Circumstances..........34 SECTION 2.11. Change in Legality.....................................36 SECTION 2.12. Indemnity............................................
Notice of LoansThe Borrowers shall, through a Responsible Officer of any of the Borrowers, give the Agent irrevocable written, telex or facsimile notice (promptly confirmed in writing) of each borrowing (including, without limitation, a conversion as permitted by Section 2.02(e) hereof) not later than 11:00 a.m., New York City time, (i) three (3) Business Days before a proposed Eurodollar Loan borrowing or conversion and (ii) on the Business Day of an Alternate Base Loan borrowing or conversion (except that no such confirmation will be required, unless requested by the Agent, to the extent that the proceeds of such borrowing are requested to be disbursed to the Borrowers' controlled disbursement account(s) maintained with the Agent). Such notice shall specify (w) whether the Loans then being requested are to be Alternate Base Loans or Eurodollar Loans, (x) the date of such borrowing (which shall be a Business Day) and amount thereof and (y) if such Loans are to be Eurodollar Loans, the Interest Period with respect thereto. If no election as to the type of Loan is specified in any such notice, all such Loans shall be Alternate Base Loans. If no Interest Period with respect to any Eurodollar Loan is specified in any such notice, then an Interest Period of three (3) months' duration shall be deemed to have been selected; provided, however, that no such Interest Period may be for more than one month's duration for the period commencing on the Closing Date and ending on the earlier of (i) the 120th day following the Closing Date and (ii) the satisfactory completion by The Chase Manhattan Bank of the syndication of its Commitment and Loans (as determined by The Chase Manhattan Bank). The Agent shall promptly advise the Lenders of any notice given pursuant to this Section 2.03 and of each Lender's portion of the requested borrowing.
Notice of LoansThe Borrower shall, through a Responsible Officer of the Borrower, give the Lenders irrevocable written, telex or facsimile notice (promptly confirmed in writing) of each borrowing not later than 11:00 A.M., New York City time, two (2) Business Days before a proposed borrowing. Such notice shall specify the date of such borrowing (which shall be a Business Day) and the amount thereof.
Notice of Loans. If a Partner desires to make a Partner Loan, such Partner (the "Initiating Partner") shall give the other Partners (the "Non-Initiating Partners") Notice of the Initiating Partner's intent to fund a Partner Loan, which Notice shall state the following: (i) the total amount of the Partner Loan proposed to be funded; (ii) the purpose for the proposed Partner Loan; and (iii) the proposed funding date of such Partner Loan, which date (the "Funding Date") shall not be less than 10 days following the date of such Notice; provided that (A) the notice requirement shall be shortened to the extent necessary to permit a Partner to fund a Partner Loan for the purpose of curing or preventing the occurrence of a default under the Project Loans or under the Project Documents, or to pay Partnership expenses that AHF reasonably believes will not be paid timely by the Partnership, or (B) if the General Partner is in default of its obligations hereunder, AHF may fund a Partner Loan without prior Notice to the General Partner. The Non- Initiating Partner shall notify the Initiating Partner at least 5 days prior to the Funding Date whether and in what amount the Non-Initiating Partner intends to make a Partner Loan to the Partnership, which amount may be up to, but not in excess of, 50% of the total proposed Partner Loan. The Initiating Partner and the Non-Initiating Partner shall each fund the portion of the Partner Loan it agreed to make by the Funding Date. If a Partner fails to make such Partner Loan to the Partnership on or before the Funding Date, the Partner who makes such Partner's share of the Partner Loan may, at such Partner's option, advance to the Partnership the amount of the non-lending Partner's share of the Partner Loan. Without limiting the generality of the foregoing, AHF shall have the right to propose and fund a Partner Loan for the purpose of payment of any indebtedness owed to AHF or its Affiliates. No Partner has the right to propose and fund a Partner Loan to fund distributions and/or payments to be made pursuant to Sections 9.1, 9.2 and 9.3 of this Agreement.
Notice of LoansThe Administrative Borrower, through an Authorized Officer, shall provide to the Administrative Agent a Notice of Loan prior to (i) 11:00 A.M. (Eastern time) on the proposed date of borrowing of, or conversion of a Loan to, a Base Rate Loan, and (ii) 11:00 A.M. (Eastern time) three Business Days prior to the proposed date of borrowing of, continuation of, or conversion of a Loan to, a SOFR Loan. An Authorized Officer of the Administrative Borrower may verbally request a Loan, so long as a Notice of Loan is received by the end of the same Business Day, and, if the Administrative Agent or any Lender provides funds or initiates funding based upon such verbal request, the Borrowers shall bear the risk with respect to any information regarding such funding that is later determined to have been incorrect. The Borrowers shall comply with the notice provisions set forth in Section 2.2(b) hereof with respect to Letters of Credit.