Notice to Borrower of Competitive Bids. Not later than 12:00 p.m. on the requested date of any Bid Borrowing that is to consist of Absolute Rate Bid Loans, or three Business Days prior to the requested date of any Bid Borrowing that is to consist of LIBOR Margin Bid Loans, Administrative Agent shall notify Borrower of the identity of each Lender that has submitted a Competitive Bid that complies with Section 2.18.3 and of the terms of the offers contained in each such Competitive Bid.
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Samples: Revolving Credit Agreement (Essex Portfolio Lp), Revolving Credit Agreement (Essex Portfolio Lp), Revolving Credit Agreement (Essex Property Trust Inc)
Notice to Borrower of Competitive Bids. Not later than 12:00 p.m. 11:00 a.m. (i) on the requested date of any Bid Borrowing that is to consist of Absolute Rate Bid Loans, or (ii) three Business Days prior to the requested date of any Bid Borrowing that is to consist of LIBOR Margin Term SOFR Bid Loans, the Administrative Agent shall notify Borrower the Company of the identity of each Lender that has submitted a Competitive Bid that complies with Section 2.18.3 2.03(c) and of the terms of the offers contained in each such Competitive Bid.
Appears in 1 contract
Samples: Credit Agreement (Adobe Inc.)
Notice to Borrower of Competitive Bids. Not later than 12:00 p.m. 11:00 a.m. (a) on the requested date of any Bid Borrowing that is to consist of Absolute Rate Bid Loans, or (b) three Business Days prior to the requested date of any Bid Borrowing that is to consist of LIBOR Margin Bid Loans, Administrative Agent shall notify Borrower of the identity of each Lender that has submitted a Competitive Bid that complies with Section 2.18.3 2.4.3 and of the terms of the offers contained in each such Competitive Bid.
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