Notice of Syndicated Borrowings Sample Clauses

Notice of Syndicated Borrowings. The Borrower shall give ------------------------------- the Agent notice (a "Notice of Syndicated Borrowing") not later than 10:00 a.m., Chicago time, on (x) the Domestic Business Day next preceding each Base Rate Borrowing, (y) in the case of a Euro-Currency Borrowing to be made in Dollars, the third Euro-Currency Business Day before each such Euro-Currency Borrowing (or the fourth Euro-Currency Business Day before any such Euro-Currency Borrowing for which a 9 or 12 month Interest Period is requested) and (z) in the case of a Euro-Currency Borrowing to be made in an Agreed Currency other than Dollars, the fourth Euro-Currency Business Day before each such Euro-Currency Borrowing, specifying:
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Notice of Syndicated Borrowings. The Company shall give the Agent written notice in substantially the form attached hereto as Exhibit C (a "Notice of Syndicated Borrowing") (a) not later than 12:00 p.m. (Detroit time) on the Business Day of each Floating Rate Borrowing, and (b) not later than 11:00 a.m. (Detroit time) on (i) the second Business Day before each CD Rate Borrowing, and (ii) the third Business Day before each Eurodollar Rate Syndicated Borrowing, specifying: MASCOTECH, INC. CREDIT AGREEMENT
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Notice of Syndicated Borrowings. The Borrower shall give the Agent notice (a "Notice of Syndicated Borrowing") not later than (x) 12:00 Noon (New York City time) on the date of each Base Rate Borrowing and (y) 12:00 Noon (New York City time) on the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying:
Sample 1
Notice of Syndicated Borrowings. The applicable Borrower shall give the Administrative Agent or the applicable Alternate Currency Agent, as required, written notice in substantially the form attached hereto as Exhibit C-1 (a "Notice of Syndicated Borrowing") signed by an Authorized Officer or person designated by an Authorized Officer not later than 12:00 noon (Detroit time) on the Business Day of each Borrowing of a Floating Rate Revolving Loan, not later than 11:00 a.m. (Detroit time) on the third Business Day before each Borrowing of a Eurodollar Rate Syndicated Loan, and not later than 11:00 a.m. (Detroit time) on the fourth Business Day before each Borrowing of an Alternate Currency Syndicated Loan, or as specified in the applicable Alternate Currency Addendum, specifying: (i) the date of such Borrowing, which shall be a Business Day, (ii) whether such Borrowing is pursuant to a Term Loan, a Revolving Credit Syndicated Loan or an Alternate Currency Syndicated Loan, (iii) the aggregate amount of such Borrowing and, in the case of each Alternate Currency Syndicated Loan, the Dollar Equivalent of such Borrowing and the currency in which such Borrowing is denominated, (iv) whether the Loans comprising such Borrowing are to be, in the case of Term Loans or Revolving Loans, Floating Rate Loans or Eurodollar Rate Syndicated Loans or Alternate Currency Syndicated Loans and (v) in the case of each Eurodollar Rate Syndicated Borrowing or Alternate Currency Syndicated Loan, the duration of the Interest Period applicable thereto, which shall comply with the provisions of the definition of the applicable Interest Period.
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Notice of Syndicated Borrowings. 11 2.3. Money Market Borrowings..............................................11 2.4. Notice to Banks; Funding of Loans....................................14 2.5. Notes................................................................14 2.6.
Sample 1
Notice of Syndicated Borrowings. The Company shall give the ------------------------------- Agent notice (a "Notice of Syndicated Borrowing") not later than 10:00 A.M. (New York City time) on (a) the date of each Base Rate Borrowing, (b) the Domestic Business Day before the date of each CD Borrowing and (c) the third Euro-Dollar Business Day before the date of each Euro-Dollar Borrowing, specifying:
Sample 1
Notice of Syndicated Borrowings. Each Borrower shall give the Agent notice (a "Notice of Syndicated Borrowing") not later than (w) 12:00 noon, New York City time, on the Domestic Business Day of each Base Rate Borrowing, (x) 12:00 noon, New York City time, the next Domestic Business Day before each CD Borrowing (or the second Domestic Business Day before any CD Borrowing for which a 360 day Interest Period is requested), (y) 12:00 noon, New York City time, in the case of a Euro-Currency Borrowing to be made in Dollars, the third Euro-Currency Business Day before each such Euro-Currency Borrowing (or the fourth Euro-Currency Business Day before any such Euro-Currency Borrowing for which a 9 or 12 month Interest Period is requested) and (z) 12:00 noon, New York City time, in the case of a Euro-Currency Borrowing to be made in an Agreed Currency other than Dollars, the fourth Euro-Currency Business Day before each such Euro-Currency Borrowing, specifying:
Sample 1
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Notice of Syndicated Borrowings. Each Borrower shall give the Agent notice (a "Notice of Syndicated Borrowing") not later than (w) 12:00 noon, New York City time, on the Domestic Business Day of each Base Rate Borrowing, (x) 12:00 noon, New York City time, the next Domestic Business Day before each CD
Sample 1
Notice of Syndicated Borrowings. The Borrower shall give the Administrative Agent notice of its request for each Syndicated Borrowing (a “Notice of Syndicated Borrowing”) not later than 12:00 P.M. (Eastern time) in the case of U.S. Borrowings denominated in Dollars, 11:30 A.M. (London time) in the case of U.S. Borrowings denominated in an Alternative Currency and 11:00 A.M. (Eastern time) in the case of Canadian Borrowings on (x) the date of each Base Rate Borrowing or Canadian Prime Rate Borrowing, (y) the third Business Day before each Euro-Currency Borrowing, and (z) one Business Day before a Borrowing by way of Banker’s Acceptances, specifying:
Sample 1

Related to Notice of Syndicated Borrowings

  • Requests for Syndicated Borrowings To request a Syndicated Borrowing, the relevant Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Syndicated Eurodollar Borrowing, not later than 11:00 a.m., New York City time, three Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 11:00 a.m., New York City time, one Business Day before the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the relevant Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02:

  • Notice of Committed Borrowings The Borrower shall give the Agent notice (a "Notice of Committed Borrowing") not later than 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 (z) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying:

  • Notice of Committed Borrowing The Borrower shall give the Agent notice (a "Notice of Committed Borrowing") not later than 10:30 A.M. (New York City time) on (x) the date of each Domestic Borrowing, and (y) the third Euro-Dollar Business Day before each Euro-Dollar Borrowing, specifying:

  • Notice of Borrowings In order to request a Borrowing, a Borrower shall give written or telecopy notice (or telephone notice promptly confirmed in writing or by telecopy) (a) in the case of an ABR Borrowing, to the Administrative Agent not later than 12:00 noon, New York City time, on the Business Day of such proposed Borrowing, (b) in the case of a Eurodollar Borrowing, to the Administrative Agent not later than 10:00 a.m., New York City time, three Business Days before such proposed Borrowing. Such notice shall be irrevocable and shall in each case refer to this Agreement, identify the applicable Borrower and specify (i) whether such Borrowing is to be a Eurodollar Borrowing or an ABR Borrowing; (ii) the date of such Borrowing (which shall be a Business Day) and the amount thereof; and (iii) if such Borrowing is to be a Eurodollar Borrowing, the Interest Period with respect thereto. If no election as to the Type of Borrowing is specified in any such notice, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period with respect to any Eurodollar Borrowing is specified in any such notice, then the Borrower giving the notice of Borrowing shall be deemed to have selected an Interest Period of one month's duration. If a Borrower shall not have given notice in accordance with this Section 2.03 of its election to refinance a Borrowing prior to the end of the Interest Period in effect for such Borrowing, then the Borrower shall (unless such Borrowing is repaid at the end of such Interest Period) be deemed to have given notice of an election to refinance such Borrowing with an ABR Borrowing. 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.

  • Revolving Borrowings Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrower, in Dollars, from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Revolving Borrowing, (i) the Total Revolving Outstandings shall not exceed the Revolving Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such Revolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow Revolving Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Revolving Borrowing.

  • Borrowings, Conversions and Continuations of Committed Loans (a) Each Committed Borrowing, each conversion of Committed Loans from one Type to the other, and each continuation of Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by telephone. Each such notice must be received by the Administrative Agent not later than 1:00 p.m. (i) three Business Days prior to the requested date of any Borrowing of, conversion to or continuation of Eurodollar Rate Loans, and (ii) on the requested date of any Borrowing of or conversion to Base Rate Committed Loans. Each telephonic notice by the Borrower pursuant to this Section 2.02(a) must be confirmed promptly by delivery to the Administrative Agent of a written Committed Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Each Borrowing of, conversion to or continuation of Eurodollar Rate Loans shall be in a principal amount of $10,000,000 or a whole multiple of $1,000,000 in excess thereof. Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Committed Loans shall be in a principal amount of $10,000,000 or a whole multiple of $1,000,000 in excess thereof. Each Committed Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower is requesting a Committed Borrowing, a conversion of Committed Loans from one Type to the other, or a continuation of Eurodollar Rate Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of Committed Loans to be borrowed, converted or continued, (iv) the Type of Committed Loans to be borrowed or to which existing Committed Loans are to be converted, and (v) if applicable, the duration of the Interest Period with respect thereto. If the Borrower fails to specify a Type of Committed Loan in a Committed Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Committed Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurodollar Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of Eurodollar Rate Loans in any Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month.

  • Money Market Borrowings (a) In addition to Committed Borrowings pursuant to Section 2.01, the Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Money Market Loans to the Borrower. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.

  • Notice of Swingline Loans by the Borrower To request a Swingline Loan, the Borrower shall notify the Administrative Agent and each Swingline Lender of such request by telephone (confirmed by telecopy or electronic communication) not later than 2:00 p.m., New York City time, on the day of such proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the Swingline Lender from which such Swingline Loan shall be made, the requested date (which shall be a Business Day) and the amount of the requested Swingline Loan (which (x) in the case of any Swingline Lender that is a Dollar Lender, shall be made under the Dollar Commitments and (y) in the case of any Swingline Lender that is a Multicurrency Lender, shall be made under the Multicurrency Commitments). The Administrative Agent will promptly advise the applicable Swingline Lender of any such notice received from the Borrower. Each Swingline Lender shall make each applicable Swingline Loan available to the Borrower by means of a credit to the Borrower’s account specified in Section 2.03(b)(vii) (or, in the case of a Swingline Loan made to finance the reimbursement of an LC Disbursement as provided in Section 2.05(f), by remittance to the applicable Issuing Bank) by 3:00 p.m., New York City time, on the requested date of such Swingline Loan.

  • Requests for Revolving Borrowings To request a Revolving Borrowing, the Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Eurodollar Borrowing, not later than 11:00 a.m., New York City time, three (3) Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 11:00 a.m., New York City time, one (1) Business Day before the date of the proposed Borrowing; provided that any such notice of an ABR Revolving Borrowing to finance the reimbursement of an LC Disbursement as contemplated by Section 2.06(e) may be given not later than 10:00 a.m., New York City time, on the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02:

  • Procedure for Swingline Borrowing; Refunding of Swingline Loans (a) Whenever the Borrower desires that the Swingline Lender make Swingline Loans it shall give the Swingline Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender not later than 1:00 P.M., New York City time, on the proposed Borrowing Date), specifying (i) the amount to be borrowed and (ii) the requested Borrowing Date (which shall be a Business Day during the Revolving Commitment Period). Each borrowing under the Swingline Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 3:00 P.M., New York City time, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the amount of the Swingline Loan to be made by the Swingline Lender. The Administrative Agent shall make the proceeds of such Swingline Loan available to the Borrower on such Borrowing Date by depositing such proceeds in the account of the Borrower with the Administrative Agent on such Borrowing Date in immediately available funds.

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