Common use of Notices of Borrowing; Minimum Amounts Clause in Contracts

Notices of Borrowing; Minimum Amounts. A Notice of Borrowing for (i) Bank Advances of Prime Rate Loans shall be given not later than 1:00 p.m. (New York City time), on the Business Day prior to the proposed Borrowing and (ii) Agent Advances of Prime Rate Loans shall be given not later than 1:00 p.m. (New York City time), on the Business Day prior to the proposed Borrowing. A Notice of Borrowing for Eurodollar Rate Loans shall be given not later than 5:00 p.m. (New York City time), on the third Business Day prior to the proposed Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Premcor Inc), Credit Agreement (Premcor Refining Group Inc)

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Notices of Borrowing; Minimum Amounts. A Notice of Borrowing for (i) Bank Lender Advances of Prime Rate Loans shall be given not later than 1:00 p.m. (P.M. New York City time), time on the same Business Day prior to of the proposed Borrowing and (ii) Agent Advances of Prime Rate Loans shall be given not later than 1:00 p.m. (3:00 P.M. New York City time), time on the same Business Day prior to of the proposed Borrowing. A Notice of Borrowing for Eurodollar Rate Loans shall be given not later than 5:00 p.m. (New York City time), P.M. on the third Business Day prior to the proposed Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Wickes Lumber Co /De/), Credit Agreement (Riverside Group Inc/Fl)

Notices of Borrowing; Minimum Amounts. A Notice of Borrowing for (i) Bank Advances of Prime Rate Loans shall be given not later than 1:00 p.m. (P.M., New York City time), on the Business Day prior to the proposed Borrowing and (ii) Agent Advances of Prime Rate Loans shall be given not later than 1:00 p.m. (P.M., New York City time), on the Business Day prior to the proposed Borrowing. A Notice of Borrowing for Eurodollar Rate Loans shall be given not later than 5:00 p.m. (P.M., New York City time), on the third Business Day prior to the proposed Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Clark Refining & Marketing Inc)

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Notices of Borrowing; Minimum Amounts. A Notice of Borrowing ------------------------------------- for (i) Bank Advances of Prime Rate Loans shall be given not later than 1:00 p.m. (P.M., New York City time), on the same Business Day prior to of the proposed Borrowing and (ii) Agent Advances of Prime Rate Loans shall be given not later than 1:00 p.m. (3:00 P.M., New York City time), on the same Business Day prior to of the proposed Borrowing. A Notice of Borrowing for Eurodollar Rate Loans shall be given not later than 5:00 p.m. (P.M., New York City time), on the third Business Day prior to the proposed Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Clark Refining & Marketing Inc)

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