Common use of Notice of Revolving Loan Borrowing Clause in Contracts

Notice of Revolving Loan Borrowing. Borrower shall request each Revolving Loan Borrowing by delivering to Administrative Agent an irrevocable written notice in the form of Exhibit A, appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan"); (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period selected by Borrower for such Revolving Loans in accordance with Subparagraph 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. Borrower shall give each Notice of Revolving Loan Borrowing to Administrative Agent at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail or facsimile to Administrative Agent at the office or facsimile number and during the hours specified in Paragraph 8.01; provided, however, that Borrower shall promptly deliver to Administrative Agent the original of any Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall notify each Bank no later than 5:00 p.m. California time on the date of receipt of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each Revolving Loan to be made by such Bank as part of the requested Revolving Loan Borrowing.

Appears in 3 contracts

Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)

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Notice of Revolving Loan Borrowing. Borrower shall request each Revolving Loan Borrowing by delivering to Administrative Agent an irrevocable written notice in the form of Exhibit AB, appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan"); (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period selected by Borrower for such Revolving Loans in accordance with Subparagraph 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day; (ii) The principal amount of the requested Revolving Loan Borrowing, which shall be in the amount of (A) $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of a Borrowing consisting of Base Rate Loans; or (B) $1,000,000 or an integral multiple of $500,000 in excess thereof in the case of a Borrowing consisting of LIBOR Loans; (iii) Whether the requested Revolving Loan Borrowing is to consist of Base Rate Loans or LIBOR Loans; (iv) If the requested Revolving Loan Borrowing is to consist of LIBOR Loans, the initial Interest Period selected by Borrower for such LIBOR Loans in accordance with Subsection 2.3(b); and (v) If the requested Revolving Loan Borrowing is to consist of LIBOR Loans, whether the initial LIBOR Rate is to be based upon the Telerate Page Rate or the Reference Bank Rate; provided, however, that all Revolving Loan Borrowings made during the period commencing on the date of this Agreement and ending three (3) Business Days thereafter shall consist solely of Base Rate Loans. Borrower shall give each Notice of Revolving Loan Borrowing to Administrative Agent at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail or facsimile to Administrative Agent at the office or facsimile number and during the hours specified in Paragraph 8.01Section 8.1; provided, however, that (A) Borrower shall promptly deliver to Administrative Agent the original of any Notice of Revolving Loan Borrowing initially delivered by facsimile. Each facsimile and (B) in the case of any outstanding Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be which is being rolled over in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall notify each Bank no later than 5:00 p.m. California time on the date of receipt of each same principal amount, Borrower may deliver such Notice of Revolving Loan Borrowing electronically, with a digital signature, to the email address of Administrative Agent. Administrative Agent shall promptly notify each Lender of the contents thereof and of the amount and Type of each Revolving Loan to be made by such Bank as part Notice of the requested Revolving Loan Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Veritas Software Corp /De/), Credit Agreement (Veritas Software Corp /De/)

Notice of Revolving Loan Borrowing. Borrower The Borrowers shall request each Revolving Loan Borrowing by delivering to the Administrative Agent an irrevocable written notice (which may be delivered by facsimile) substantially in the form of Exhibit A, appropriately completed A (a "Notice of Revolving Loan Borrowing"), duly executed by a Responsible Officer of such Borrowing Agent and appropriately completed, which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the amount of (A) $100,000 or an integral multiple of $100,000 in excess thereof in the case of a Borrowing consisting of Base Rate Loans; or (B) $500,000 or an integral multiple of $100,000 in excess thereof in the case of a Borrowing consisting of LIBOR Loans; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period Periods selected by Borrower such Borrowing Agent for such Revolving LIBOR Loans in accordance with Subparagraph Section 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. Borrower The Borrowers shall give each Notice of Revolving Loan Borrowing to the Administrative Agent not later than 9:00 a.m. at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and not later than 9:00 a.m. at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be duly executed by a Responsible Officer of the Borrowing Agent and delivered by first-class mail or facsimile to the Administrative Agent at the office or facsimile number and during the hours specified in Paragraph Section 8.01; provided, however, that Borrower . The Administrative Agent shall promptly deliver to Administrative Agent notify each Lender of the original contents of any each Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall notify each Bank no later than 5:00 p.m. California time on the date of receipt of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each (and, if applicable, the Interest Period for) the Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Sands Regent), Credit Agreement (Sands Regent)

Notice of Revolving Loan Borrowing. The Borrower shall request each Revolving Loan Borrowing by delivering to the Administrative Agent an irrevocable written notice in the form of Exhibit A, duly executed by a Responsible Officer of the Borrower and appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the amount of (A) $500,000 or an integral multiple of $100,000 in excess thereof in the case of a Revolving Loan Borrowing consisting of Base Rate Loans; or (B) $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of a Revolving Loan Borrowing consisting of LIBOR Loans; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period Periods selected by the Borrower for such Revolving LIBOR Loans in accordance with Subparagraph Section 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. The Borrower shall give each Notice of Revolving Loan Borrowing to the Administrative Agent not later than 10:00 a.m. at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and not later than 10:00 a.m. at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail or facsimile to the Administrative Agent at the office or facsimile number and during the hours specified in Paragraph Section 8.01. The Borrower may provide the Administrative Agent with telephonic notice of its intention to submit a Notice of Revolving Loan Borrowing; provided, however, that Borrower shall promptly deliver to Administrative Agent the original of any no Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be deemed effective until received by first-class mail or facsimile in accordance with the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereofimmediately preceding sentence. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. The Administrative Agent shall promptly notify each Bank no later than 5:00 p.m. California time on Lender of the date of receipt contents of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each (and, if applicable, the Interest Period for) the Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Wild Oats Markets Inc)

Notice of Revolving Loan Borrowing. Borrower shall request each Revolving Loan Borrowing by delivering to Administrative Agent an irrevocable written notice in the form of Exhibit EXHIBIT A, appropriately completed (a "Notice of Revolving Loan BorrowingNOTICE OF REVOLVING LOAN BORROWING"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Loans which bear interest as provided in clause IN CLAUSE (i) of Subparagraph OF SUBPARAGRAPH 2.01(c) (individually, a "Revolving Prime Rate LoanREVOLVING BASE RATE LOAN") ), or (B) Revolving Loans which bear interest as provided in clause CLAUSE (ii) of Subparagraph OF SUBPARAGRAPH 2.01(c) (individually, a "Revolving REVOLVING LIBOR LoanLOAN"); (iii) The date of the requested Revolving Loan Borrowing, which shall be a Business Day; and (iv) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period Periods selected by Borrower for such Revolving Loans in accordance with Subparagraph SUBPARAGRAPH 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. Borrower shall give each Notice of Revolving Loan Borrowing to Administrative Agent at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and at least one (1) Business Day on or before 9:00 a.m. on the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail telephone and confirmed on the same day by facsimile (which in the case of a Revolving Base Rate Loan shall be received on or facsimile before 9:00 a.m. on the date of the requested Revolving Loan Borrowing) to Administrative Agent at the office or facsimile telephone number and during the hours specified in Paragraph PARAGRAPH 8.01; providedPROVIDED, howeverHOWEVER, that Borrower shall promptly deliver to Administrative Agent the an original written notice of any Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans which written notice shall be in mailed on the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereofsame day. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall promptly notify each Bank no later than 5:00 p.m. California time on of the date of receipt contents of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each Revolving Loan to be made by such Bank as part of the requested Revolving Loan Borrowing. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in a minimum amount of $3,000,000 or an integral multiple of $10,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving Base Rate Loans shall be in a minimum amount of $150,000 or an integral multiple of $10,000 in excess thereof. No more than five (5) Revolving Loan Borrowings consisting of Revolving LIBOR Loans may be outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Building Materials Holding Corp), Credit Agreement (BMC West Corp)

Notice of Revolving Loan Borrowing. The Borrower shall request each Revolving Loan Borrowing by delivering to the Administrative Agent an irrevocable written notice in the form of Exhibit A, duly executed by a Responsible Officer of the Borrower and appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the amount of $500,000 or an integral multiple of $100,000 in excess thereof; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period Periods selected by the Borrower for such Revolving LIBOR Loans in accordance with Subparagraph Section 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day; provided, however, that all Revolving Loan Borrowings made during the period commencing on the date of this Agreement and ending three (3) Business Days thereafter shall consist solely of Base Rate Loans. The Borrower shall give each Notice of Revolving Loan Borrowing to the Administrative Agent not later than 10:00 a.m. at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and not later than 10:00 a.m. at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be duly executed by a Responsible Officer of the Borrower and delivered by first-class mail or facsimile to the Administrative Agent at to the office or facsimile number and during the hours specified in Paragraph Section 8.01; provided, however, that Borrower . The Administrative Agent shall promptly deliver to Administrative Agent notify each Revolving Lender of the original contents of any each Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall notify each Bank no later than 5:00 p.m. California time on the date of receipt of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each (and, if applicable, the Interest Period for) the Revolving Loan to be made by such Bank Revolving Lender as part of the requested Revolving Loan Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Varsity Brands Inc)

Notice of Revolving Loan Borrowing. The Borrower shall request each Revolving Loan Borrowing by delivering to the Administrative Agent an irrevocable written notice in the form of Exhibit AA hereto, duly executed by an Officer of the Borrower and appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the amount of (A) $1,000,000 or an integral multiple of $500,000 in excess thereof in the case of a Borrowing consisting of Base Rate Loans; or (B) $3,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of a Borrowing consisting of LIBOR Loans; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period Periods selected by the Borrower for such Revolving LIBOR Loans in accordance with Subparagraph Section 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. The Borrower shall give each Notice of Revolving Loan Borrowing to the Administrative Agent not later than 9:00 a.m. at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and not later than 9:00 a.m. at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail mail, or facsimile or e-mail transmission to the Administrative Agent at the office or facsimile number number, e-mail address, and/or address specified on Schedule VII and during the hours specified in Paragraph Section 8.01; provided, however, that the Borrower shall promptly shall, if requested by the Administrative Agent, deliver to the Administrative Agent by first-class mail the original of any Notice of Revolving Loan Borrowing initially delivered by facsimilefacsimile or e-mail transmission. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. The Administrative Agent shall promptly notify each Bank no later than 5:00 p.m. California time on Lender of the date of receipt contents of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each (and, if applicable, the Interest Period for) the Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Chiquita Brands International Inc)

Notice of Revolving Loan Borrowing. The Borrower shall request each Revolving Loan Borrowing by delivering to the Administrative Agent an irrevocable written notice in the form of Exhibit A, appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the amount of (A) $1,000,000 or an integral multiple of $500,000 in excess thereof in the case of a Borrowing consisting of Base Rate Loans; or (B) $3,000,000 or an integral multiple of $500,000 in excess thereof in the case of a Borrowing consisting of LIBOR Loans; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period Periods selected by the Borrower for such Revolving LIBOR Loans in accordance with Subparagraph Section 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day; provided, however, that all Revolving Loan Borrowings made during the period commencing on the date of this Agreement and ending three (3) Business Days thereafter shall consist solely of Base Rate Loans. The Borrower shall give each Notice of Revolving Loan Borrowing to the Administrative Agent not later than 9:00 a.m. at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and not later than 9:00 a.m. at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail facsimile or facsimile by email by a Responsible Officer of the Borrower to the Administrative Agent at to the office or facsimile number or email address and during the hours specified in Paragraph Section 8.01; provided, however, that in the case of delivery by email, the Borrower shall promptly promptly, and in any event within twenty-four hours after such email delivery, deliver to the Administrative Agent the original a facsimile of any Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall notify each Bank no later than 5:00 p.m. California time on the date of receipt of each such Notice of Revolving Loan Borrowing executed by the Responsible Officer of the Borrower who sent the email Notice of Revolving Loan Borrowing. The Administrative Agent shall promptly notify each Lender of the contents thereof of each Notice of Revolving Loan Borrowing and of the amount and Type of each (and, if applicable, the Interest Period for) the Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Coldwater Creek Inc)

Notice of Revolving Loan Borrowing. Borrower The Borrowers shall request each Revolving Loan Borrowing by delivering to the Administrative Agent an irrevocable written notice in the form of Exhibit A, appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the amount of (A) $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of a Borrowing consisting of Base Rate Loans; or (B) $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of a Borrowing consisting of LIBOR Loans; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period Periods selected by Borrower the Borrowers for such Revolving LIBOR Loans in accordance with Subparagraph Section 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which date shall be a Business Day; provided, however, that all Revolving Loan Borrowings made during the period commencing on the date of this Agreement and ending three (3) Business Days thereafter shall consist solely of Base Rate Loans. Borrower The Borrowers shall give each Notice of Revolving Loan Borrowing to the Administrative Agent not later than 11:00 a.m. at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and not later than 11:00 a.m. at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail or facsimile to the Administrative Agent at the office or facsimile number and during the hours specified in Paragraph Section 8.01; provided, however, that Borrower . The Administrative Agent shall promptly deliver to Administrative Agent notify each Lender of the original contents of any each Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall notify each Bank no later than 5:00 p.m. California time on the date of receipt of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each (and, if applicable, the Interest Period for) the Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Argosy Gaming Co)

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Notice of Revolving Loan Borrowing. Borrower shall request each Revolving Loan Borrowing by delivering to Administrative Agent an irrevocable written notice in the form of Exhibit A, appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: : (i) The principal amount of the requested Revolving Loan Borrowing; , which shall be in the amount of (A) $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of a Borrowing consisting of Base Rate Loans; or (B) $2,500,000 or an integral multiple of $500,000 in excess thereof in the case of a Borrowing consisting of LIBOR Loans; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan"); Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period selected by Borrower for such Revolving LIBOR Loans in accordance with Subparagraph 2.01(e2.04(b); and (iv) If the requested Revolving Loan Borrowing is to consist of LIBOR Loans, whether the initial LIBO Rate is to be based upon the Telerate Page Rate or the Reference Bank Rate; and (v) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. ; Borrower shall give each Notice of Revolving Loan Borrowing to Administrative Agent at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail or facsimile to Administrative Agent at the office or facsimile number and during the hours specified in Paragraph 8.01; provided, however, that Borrower shall promptly deliver to Administrative Agent the original of any Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall notify each Bank no later than 5:00 p.m. California time on the date of receipt of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each Revolving Loan to be made by such Bank as part of the requested Revolving Loan Borrowing.of

Appears in 1 contract

Samples: Credit Agreement (Adobe Systems Inc)

Notice of Revolving Loan Borrowing. Borrower shall request each Revolving Loan Borrowing by delivering to Administrative Agent an irrevocable written notice in the form of Exhibit A, appropriately completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan"); (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period selected by Borrower for such Revolving Loans in accordance with Subparagraph 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. Borrower shall give each Notice of Revolving Loan Borrowing to Administrative Agent at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail or facsimile to Administrative Agent at the office or facsimile number and during the hours specified in Paragraph 8.01; provided, however, that Borrower shall promptly deliver to Administrative Agent the original of any Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall notify each Bank Lender no later than 5:00 p.m. California time on the date of receipt of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

Notice of Revolving Loan Borrowing. Borrower The Borrowers shall request each Revolving Loan Borrowing by delivering to the Administrative Agent an irrevocable written notice in the form of Exhibit EXHIBIT A, appropriately completed (a "Notice of Revolving Loan BorrowingNOTICE OF REVOLVING LOAN BORROWING"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the amount of (A) $1,000,000 or an integral multiple of $100,000 in excess thereof in the case of a Borrowing consisting of Base Rate Loans; or (B) $5,000,000 or an integral multiple of $1,000,000 in excess thereof in the case of a Borrowing consisting of LIBOR Loans; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period Periods selected by Borrower the Borrowers for such Revolving LIBOR Loans in accordance with Subparagraph SECTION 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which date shall be a Business Day; PROVIDED, HOWEVER, that all Revolving Loan Borrowings made during the period commencing on the date of this Agreement and ending three (3) Business Days thereafter shall consist solely of Base Rate Loans. Borrower The Borrowers shall give each Notice of Revolving Loan Borrowing to the Administrative Agent not later than 11:00 a.m. at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and not later than 11:00 a.m. at least one (1) Business Day before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail or facsimile to the Administrative Agent at the office or facsimile number and during the hours specified in Paragraph SECTION 8.01; providedPROVIDED, howeverHOWEVER, that Borrower the Borrowers shall promptly deliver to the Administrative Agent the original of any Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall be in the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereof. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. The Administrative Agent shall promptly notify each Bank no later than 5:00 p.m. California time on Lender of the date of receipt contents of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of each (and, if applicable, the Interest Period for) the Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Argosy Gaming Co)

Notice of Revolving Loan Borrowing. Borrower shall request each Revolving Loan Borrowing by delivering to Administrative Agent an irrevocable written notice in the form of Exhibit A, appropriately completed by the Authorized Representative (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the minimum amount of $500,000.00 or an integral multiple of $100,000.00 in excess thereof; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period selected by Borrower for such Revolving Loans in accordance with Subparagraph 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. Borrower shall give each Notice of Revolving Loan Borrowing to Administrative Agent at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and at least one two (12) Business Day Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail or facsimile to Administrative Agent at the office or to the facsimile number and during the hours specified in Paragraph 8.01; provided, however, that Borrower shall promptly deliver to Administrative Agent the original of any Notice of Revolving Loan Borrowing initially delivered by facsimile. Each Borrower may request that one or more Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall Borrowings be in made on the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereofsame day. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall promptly notify each Bank no later than 5:00 p.m. California time on Lender of the date of receipt contents of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of (and, if applicable, the Interest Period for) each Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Par Petroleum Corp/Co)

Notice of Revolving Loan Borrowing. Borrower shall request each Revolving Loan Borrowing by delivering to Administrative Agent an irrevocable written notice in the form of Exhibit A, appropriately appropriate completed (a "Notice of Revolving Loan Borrowing"), which specifies, among other things: (i) The principal amount of the requested Revolving Loan Borrowing, which shall be in the minimum amount of $500,000 or an integral multiple of $500,000 in excess thereof; (ii) Whether the requested Revolving Loan Borrowing is to consist of (A) Revolving Base Rate Loans which bear interest as provided in clause (i) of Subparagraph 2.01(c) (individually, a "Revolving Prime Rate Loan") or (B) Revolving Loans which bear interest as provided in clause (ii) of Subparagraph 2.01(c) (individually, a "Revolving LIBOR Loan")Loans; (iii) If the requested Revolving Loan Borrowing is to consist of Revolving LIBOR Loans, the initial Interest Period selected by Borrower for such Revolving Loans in accordance with Subparagraph 2.01(e); and (iv) The date of the requested Revolving Loan Borrowing, which shall be a Business Day. Borrower shall give each Notice of Revolving Loan Borrowing to Administrative Agent at least three (3) Business Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving LIBOR Loans and at least one two (12) Business Day Days before the date of the requested Revolving Loan Borrowing in the case of a Revolving Loan Borrowing consisting of Revolving Prime Base Rate Loans. Each Notice of Revolving Loan Borrowing shall be delivered by first-class mail, facsimile or electronic mail or facsimile to Administrative Agent at the office or office, facsimile number or email address and during the hours specified in Paragraph 8.01; provided, however, that Borrower shall promptly deliver to Administrative Agent the original of any Notice of Revolving Loan Borrowing initially delivered by facsimilefacsimile or electronic mail. Each Borrower may request that one or more Revolving Loan Borrowing consisting of Revolving Prime Rate Loans shall Borrowings be in made on the minimum amount of $100,000 or an integral multiple of $100,000 in excess thereofsame day. Each Revolving Loan Borrowing consisting of Revolving LIBOR Loans shall be in the minimum amount of $500,000 or an integral multiple of $100,000 in excess thereof. Administrative Agent shall promptly notify each Bank no later than 5:00 p.m. California time on Lender of the date of receipt contents of each such Notice of Revolving Loan Borrowing of the contents thereof and of the amount and Type of (and, if applicable, the Interest Period for) each Revolving Loan to be made by such Bank Lender as part of the requested Revolving Loan Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Par Petroleum Corp/Co)

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