Common use of Procedure for Borrowing Clause in Contracts

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, which notice must be received by the Administrative Agent (i) prior to Noon (New York City time) three Business Days prior to the requested Borrowing date, in the case of Offshore Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing date, in the case of Base Rate Loans, specifying in each case:

Appears in 10 contracts

Samples: Five Year Credit Agreement (General Mills Inc), Credit Agreement (General Mills Inc), Three Year Credit Agreement (General Mills Inc)

AutoNDA by SimpleDocs

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s 's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 11:00 a.m. (New York City Chicago time) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Rate Loans; Loans and (ii) prior to Noon 11:00 a.m. (New York City Chicago time) on one Business Day prior to the requested Borrowing dateDate, in the case of Base Rate Loans), specifying in each casespecifying:

Appears in 7 contracts

Samples: Credit Agreement (Del Monte Foods Co), Credit Agreement (Del Monte Foods Co), Credit Agreement (Del Monte Foods Co)

Procedure for Borrowing. (a1) Each Borrowing of Loans shall be made upon the CompanyBorrower’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a notice of borrowing (“Notice of Borrowing”) together with a Borrowing Base Certificate reflecting sufficient Availability, which notice must be received by the Administrative Agent (i) prior to Noon 12:00 noon (New York City time) (i) three Business Days prior to the requested Borrowing dateFunding Date, in the case of Offshore LIBOR Rate Loans; Loans and (ii) prior to Noon no later than 12:00 noon (New York City time) on the requested Borrowing dateFunding Date, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 7 contracts

Samples: Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 11:00 a.m. (New York City time) (i) three Business Days prior to the requested date of a proposed Borrowing datecomprised of LIBOR Loans, in the case of Offshore Rate Loans; and (ii) prior to Noon (New York City time) on the requested date of a proposed Borrowing date, in the case comprised of Base Rate Loans), specifying in each casespecifying:

Appears in 4 contracts

Samples: Loan Agreement (Gruma Sab De Cv), Loan Agreement (Gruma Sa De Cv), Loan Agreement (Gruma Sa De Cv)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing duly completed which notice must be received by the Administrative Agent prior to 12:00 p.m. (Chicago, Illinois time) (i) prior to Noon (New York City time) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore LIBO Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each case:.

Appears in 2 contracts

Samples: Credit Agreement (Venoco, Inc.), Credit Agreement (Venoco, Inc.)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the CompanyBorrower’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing which notice must be received by the Administrative Agent (i) prior to Noon 1:00 p.m. (New York City time) three (i) one Business Days Day prior to the requested Borrowing dateDate, in the case of Offshore Eurodollar Rate Loans; Loans and (ii) prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each caseand such notice shall specify:

Appears in 2 contracts

Samples: Credit Agreement (Ugi Corp /Pa/), Credit Agreement (Amerigas Partners Lp)

Procedure for Borrowing. (a) Each Borrowing of Loans (other than Swing Line Loans) shall be made upon the CompanyBorrower’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 1:00 p.m.) (New York City time) (i) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Eurodollar Rate Loans; and (ii) one Business Day prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 2 contracts

Samples: Credit Agreement (Ugi Corp /Pa/), Credit Agreement (Amerigas Partners Lp)

Procedure for Borrowing. (ai) Each Borrowing of Loans shall be made upon the Companya Borrower’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a notice of borrowing in the form attached hereto as Exhibit C (a “Notice of Borrowing”), which notice must be received by the Administrative Agent (i) prior to Noon 12:00 noon (New York, New York City time) (y) three (3) Business Days prior to the requested Borrowing dateFunding Date in the case of a LIBO Rate Revolving Loan and (z) on the requested Funding Date, in the case of Offshore Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing date, in the case of a Base Rate LoansRevolving Loan, specifying in each casespecifying:

Appears in 1 contract

Samples: Loan and Security Agreement (EveryWare Global, Inc.)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s 's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing duly completed which notice must be received by the Administrative Agent prior to 12:00 p.m. (Chicago, Illinois time) (i) prior to Noon (New York City time) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore LIBO Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each case:.

Appears in 1 contract

Samples: Credit Agreement (Venoco, Inc.)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s 's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 11:00 a.m. (New York City time) (i) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Eurodollar Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 1 contract

Samples: Credit Agreement (Hollywood Theaters Inc)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s Parent's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 11:00 a.m. (New York City time), (i) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Eurodollar Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s 's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 1:00 p.m. (New York City time) (i) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Eurodollar Rate Loans; , and (ii) prior to Noon (New York City time) on or before the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 1 contract

Samples: Credit Agreement (Western Multiplex Corp)

Procedure for Borrowing. (a) Each The Borrowing of Loans shall be made upon the Company’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing duly completed which notice must be received by the Administrative Agent prior to 1:00 p.m. (New York, NY time) (i) prior to Noon (New York City time) three Business Days prior to the requested Borrowing dateEffective Date, in the case of Offshore LIBO Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing dateEffective Date, in the case of Base Rate Loans, specifying in each case:.

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Venoco, Inc.)

AutoNDA by SimpleDocs

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the CompanyBorrower’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing which notice must be received by the Administrative Agent (i) prior to Noon (New York City time) three Business Days prior to the requested Borrowing date, in the case of Offshore Rate Loans; and (ii) prior to Noon 10:00 a.m. (New York City time) on or prior to the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each caseand such notice shall specify:

Appears in 1 contract

Samples: Credit Agreement (Amerigas Partners Lp)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s 's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 11:00 a.m. (New York City time) (i) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Rate LIBOR Loans; and (ii) one Business Day prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 1 contract

Samples: Credit Agreement (American Disposal Services Inc)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s applicable Borrower's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 11:00 a.m. (New York City time) (i) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Eurodollar Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing datedate of Borrowing, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s 's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 11:00 a.m. (New York City time) (i) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Eurodollar Rate Loans; and (ii) one Business Day prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing duly completed which notice must be received by the Administrative Agent prior to 1:00 p.m. (New York, NY time) (i) prior to Noon (New York City time) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore LIBO Rate Loans; and (ii) prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each case:.

Appears in 1 contract

Samples: Credit Agreement (Venoco, Inc.)

Procedure for Borrowing. (a) Each Borrowing of Loans shall be made upon the Company’s 's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, Borrowing (which notice must be received by the Administrative Agent (i) prior to Noon 11:00 a.m. (New York City time) (i) three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Rate Loans; Loans and (ii) one Business Day(s) prior to Noon (New York City time) on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each case) specifying:

Appears in 1 contract

Samples: Credit Agreement (Cd Radio Inc)

Procedure for Borrowing. (ai) Each Borrowing of Loans shall be made upon the Companya Borrower’s irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a notice of borrowing in the form attached hereto as Exhibit C (a “Notice of Borrowing”), which notice must be received by the Administrative Agent (i) prior to Noon 12:00 noon (New York, New York City time) (y) three (3) Business Days prior to the requested Borrowing date, Funding Date in the case of Offshore a LIBOR Rate Loans; Revolving Loan and (ii) prior to Noon (New York City timez) on the requested Borrowing date, Funding Date in the case of a Base Rate LoansRevolving Loan, specifying in each casespecifying:

Appears in 1 contract

Samples: Loan and Security Agreement (Metals USA Plates & Shapes Southcentral, Inc.)

Procedure for Borrowing. (a) a Each Borrowing of Loans shall be made upon the Company’s 's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Borrowing, which notice must be received by the Administrative Agent (i) prior to Noon (i 11:30 a.m. (New York City time) time three Business Days prior to the requested Borrowing dateDate, in the case of Offshore Rate Loans; , and (ii) prior to Noon ii 11:30 a.m. (New York City time) time on the requested Borrowing dateDate, in the case of Base Rate Loans, specifying in each casespecifying:

Appears in 1 contract

Samples: Term Credit Agreement (Tenneco Packaging Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!