Common use of Procedure for Bid Borrowings Clause in Contracts

Procedure for Bid Borrowings. (a) When the Company wishes to request the Lenders to submit offers to make Bid Loans hereunder, it shall transmit to the Agent by telephone call followed promptly by facsimile transmission a notice in substantially the form of Exhibit C (a "Competitive Bid Request") so as to be received no later than 9:00 a.m. (Chicago time) one Business Day prior to the date of such proposed Bid Borrowing, specifying:

Appears in 2 contracts

Samples: Credit Agreement (Smith a O Corp), Credit Agreement (Smith a O Corp)

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Procedure for Bid Borrowings. (a) When the Company wishes to request the Lenders Banks to submit offers to make Bid Loans hereunder, it shall transmit to the Agent by telephone call followed promptly by facsimile transmission a notice in substantially the form of Exhibit C I (a "Competitive Bid Request") so as to be received no later than 9:00 8:00 a.m. (Chicago San Francisco time) one Business Day prior to the date of such a proposed Bid Borrowing, specifying:

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Applied Power Inc), Multicurrency Credit Agreement (Applied Power Inc)

Procedure for Bid Borrowings. (a) When the Company wishes to request the Lenders Banks to submit offers to make Bid Loans hereunder, it shall transmit to the Administrative Agent by telephone call followed promptly by facsimile transmission a notice in substantially the form of Exhibit C I (a "Competitive Bid Request") so as to be --------- ----------------------- received no later than 9:00 8:00 a.m. (Chicago San Francisco time) one Business Day prior to the date of such a proposed Bid Borrowing, specifying:

Appears in 2 contracts

Samples: Multicurrency Credit Agreement (Applied Power Inc), Multicurrency Credit Agreement (Applied Power Inc)

Procedure for Bid Borrowings. (a) When the Company wishes Companies wish to request the Lenders Banks to submit offers to make Bid Loans hereunder, it they shall transmit to the Bid Agent by telephone call followed promptly by facsimile transmission a notice with a copy to the Agent in substantially the form of Exhibit C I (a "Competitive Bid Request") so as to be received no later than 9:00 11:00 a.m. (Chicago Charlotte time) one two Business Day Days prior to the date of such a proposed Bid Borrowing, specifying:

Appears in 1 contract

Samples: Credit Agreement (Danka Business Systems PLC)

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Procedure for Bid Borrowings. (a) (a) When the Company wishes to request the Lenders Bid Loan Banks to submit offers to make Bid Loans hereunder, it shall transmit to the Agent by telephone call followed promptly by facsimile transmission a notice in substantially the form of Exhibit C G (a "Competitive Bid Request") so as to be received no later than 9:00 8:00 a.m. (Chicago San Francisco time) one Business Day prior to the date of such a proposed Bid Borrowing, specifying:

Appears in 1 contract

Samples: Credit Agreement (Albertsons Inc /De/)

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