Common use of Procedure for Revolving Credit Borrowing Clause in Contracts

Procedure for Revolving Credit Borrowing. (a) Each Borrowing of a Revolving Loan shall be made upon the Borrower Representative’s irrevocable (subject to Section 10.5 hereof) written notice delivered to the Agent in the form of a Notice of Borrowing, which notice must be received by the Agent prior to 1:00 p.m. (New York time) on the requested Borrowing date in the case of each Base Rate Loan and (ii) on the day which is three (3) Business Days prior to the requested Borrowing date in the case of each LIBOR Rate Loan. Such Notice of Borrowing shall specify:

Appears in 4 contracts

Samples: Credit Agreement (Cryolife Inc), Credit Agreement (Cryolife Inc), Credit Agreement (Cryolife Inc)

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Procedure for Revolving Credit Borrowing. (a) Each Borrowing of a Revolving Loan shall be made upon the Borrower Representative’s irrevocable (subject to Section 10.5 hereof) written notice delivered to the Agent in the form of a Notice of Borrowing, which notice must be received by the Agent prior to 1:00 2:00 p.m. (New York time) on the requested Borrowing date in the case of each Base Rate Loan and (ii) on the day which is three (3) Business Days prior to the requested Borrowing date in the case of each LIBOR Rate Loan. Such Notice of Borrowing shall specify:

Appears in 3 contracts

Samples: Credit Agreement (International Textile Group Inc), Credit Agreement (International Textile Group Inc), Credit Agreement (International Textile Group Inc)

Procedure for Revolving Credit Borrowing. (a) Each Borrowing of a Revolving Loan shall be made upon the Borrower RepresentativeBorrower’s irrevocable (subject to Section 10.5 hereof9.5) written notice delivered to the Agent substantially in the form of a Notice of BorrowingBorrowing or in a writing in any other form acceptable to Agent, which notice must be received by the Agent prior to 1:00 2:00 p.m. (New York timei) on the requested Borrowing date in the case of each Base Rate Loan and (ii) on the day which is three (3) Business Days prior to the requested Borrowing date in the case of each LIBOR Rate Loan and (ii) on the same Business Day as the requested Borrowing date of each Base Rate Loan. Such Notice of Borrowing shall specify:

Appears in 2 contracts

Samples: Credit Agreement (Constellium N.V.), Credit Agreement (Constellium N.V.)

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Procedure for Revolving Credit Borrowing. (a) Each Borrowing of a Revolving Loan shall be made upon the Borrower RepresentativeBorrower’s irrevocable (subject to Section 10.5 hereof10.5) written notice delivered to the Agent substantially in the form of a Notice of BorrowingBorrowing or in a writing in any other form acceptable to Agent, which notice must be received by the Agent prior to 1:00 2:00 p.m. (New York time) (i) on the requested Borrowing date in the case of each Base Rate Loan and (ii) on the day which is three (3) Business Days prior to the requested Borrowing date in the case of each LIBOR Rate Loan. Such Notice of Borrowing shall specify:

Appears in 1 contract

Samples: Credit Agreement (WII Components, Inc.)

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