Notices; Disbursement. Whenever the Borrowers desire a Swingline Loan advance hereunder AHL, on behalf of the Borrowers, shall give written notice (or telephone notice promptly confirmed in writing) to the Swingline Lender not later than 12:00 Noon (Charlotte time) on the Business Day of the requested Swingline Loan advance. Each such notice shall be irrevocable and shall specify (A) that a Swingline Loan advance is requested, (B) the date of the requested Swingline Loan advance (which shall be a Business Day) and (C) the principal amount of the Swingline Loan advance requested. Each Swingline Loan shall be made as a Base Rate Loan and shall mature as provided in subsection (b)(iii) below.
Appears in 2 contracts
Samples: Credit Agreement (Ahl Services Inc), Credit Agreement (Ahl Services Inc)
Notices; Disbursement. Whenever the Domestic Borrowers desire a Swingline Loan advance hereunder AHL, on behalf of the Domestic Borrowers, shall give written notice (or telephone notice promptly confirmed in writing) to the Swingline Lender not later than 12:00 Noon (Charlotte time) on the Business Day of the requested Swingline Loan advance. Each such notice shall be irrevocable and shall specify (A) that a Swingline Loan advance is requested, (B) the date of the requested Swingline Loan advance (which shall be a Business Day) and (C) the principal amount of the Swingline Loan advance requested. Each Swingline Loan shall be made as a Base Rate Loan and shall mature as provided in subsection (b)(iii) below.
Appears in 1 contract
Samples: Credit Agreement (Ahl Services Inc)
Notices; Disbursement. Whenever the Borrowers desire Borrower desires a Swingline Loan advance hereunder AHL, on behalf of the Borrowers, it shall give written notice (or telephone notice promptly confirmed in writing) to the Swingline Lender and to the Administrative Agent (not later than 12:00 Noon noon (Charlotte Charlotte, North Carolina time) on the Business Day of the requested Swingline Loan advance. Each such notice shall be irrevocable and shall specify (A) that a Swingline Loan advance is requested, (B) the date of the requested Swingline Loan advance (which shall be a Business Day) and ), (C) the aggregate principal amount of the Swingline Loan advance requested. Each requested and (D) whether the Swingline Loan shall be made as a consist of Base Rate Loan and shall mature as provided in subsection (b)(iii) belowLoans or Fed Funds Swingline Loans.
Appears in 1 contract
Samples: Credit Agreement (Tultex Corp)