Recordation of Loans Sample Clauses

Recordation of Loans. Lender is hereby authorized to record the date and amount of the Loans it makes, the Prime Rate, and the date and amount of each payment of principal and interest thereon on a schedule annexed to or kept in respect of any Note. Any such recordation by Lender shall constitute prima facie evidence of the accuracy of the information so recorded; provided, however, that the failure to make any such recordation or any error in any such recordation shall not affect the obligations of Borrower hereunder or under any Note.
Sample 1Sample 2
AutoNDA by SimpleDocs
Recordation of Loans. Each Bank shall record in its records, or at its option on the schedule attached to its Revolving Note, the date and amount of each Revolving Loan made by such Bank, each repayment or Conversion thereof and, in the case of each Eurodollar Loan the dates on which each Interest Period for such Revolving Loan shall begin and end and, in the event that any Bank assigns or transfers its Revolving Note, such Bank shall record on the schedule attached to its Revolving Note, the aggregate unpaid principal amount of Revolving Loans of such Bank on the date of such assignment or transfer. The aggregate unpaid principal amount so recorded shall be rebuttable presumptive evidence of the principal amount owing and unpaid on such Revolving Note. The failure to so record any such amount or any error in so recording any such amount shall not, however, limit or otherwise affect the obligations of the Company hereunder or under any Revolving Note to repay the principal amount of the Revolving Loans evidenced by such Revolving Note together with all interest accruing thereon.
Sample 1Sample 2
Recordation of Loans. (i) Each Conventional Borrowing under this Section 2.01 shall be made on at least, (A) in the case of a Conventional Borrowing consisting of Alternate Base Rate Loans, prior oral or written notice from the Company to the Administrative Agent by 9:00 a.m., Dallas, Texas time on the same day as the requested borrowing (and the Administrative Agent shall prior to 12:00 noon (Dallas, Texas time) on the date such notice is received by the Administrative Agent) provide oral or written notice of the requested borrowing to the Banks, and each Reference Bank shall then provide to the Administrative Agent not later than 12:15 p.m. (Dallas, Texas time) oral or written notice of the rate on overnight Federal funds for such day offered at 12:00 noon (Dallas, Texas time) by such Reference Bank to the Company, and the Alternate Base Rate determined by the Administrative Agent shall be conveyed by the Administrative Agent by oral or written communication to all of the Banks by 1:00 p.m. (Dallas, Texas time) on the Borrowing Date, (B) in the case of a Conventional Borrowing consisting of CD Rate Loans, one Business Day's prior written or oral notice from the Company to the Administrative Agent by 9:00 a.m., Dallas, Texas time and (C) in the case of a Conventional Borrowing consisting of Eurodollar Loans, three Business Days' prior written or oral notice from the Company to the Administrative Agent by 9:00 a.m., Dallas, Texas time (and the Administrative Agent shall, in the case of (B) and (C) above, provide to each Bank prior oral or written notice of the requested borrowing by 11:30 a.m. (Dallas, Texas time) on the date such notice is received by the Administrative Agent) ("Notice of Conventional Borrowing"); provided, however, with respect to each oral Notice of Conventional Borrowing, the Company shall deliver promptly (and in any event, no later than two Business Days after the giving of such oral notice) to the Administrative Agent a confirmatory written Notice of Conventional Borrowing. Each Notice of Conventional Borrowing shall be irrevocable and shall specify: (w) the total principal amount of the proposed Conventional Borrowing, (x) whether the Conventional Borrowing will be comprised of CD Rate Loans, Alternate Base Rate Loans or Eurodollar Loans, (y) the applicable Interest Period for such Loans (which may not extend beyond the Maturity Date), and (z) the
Sample 1
Recordation of Loans. 15 Section 2.6
Sample 1
Recordation of Loans. Each Lender is hereby authorized to record the date and amount of the Loans it makes, the Base Rate, the Overnight Rate, the Applicable IBOR Rate, Applicable LIBOR Rate or Quoted Rate, as applicable, the Applicable Currency, and the date and amount of each payment of principal and interest thereon on a schedule annexed to or kept in respect of any Note. Any such recordation by Lender shall constitute prima facie evidence of the accuracy of the information so recorded; provided, however, that the failure to make any such recordation or any error in any such recordation shall not affect the obligations of Borrower hereunder or under any Note.
Sample 1
Recordation of Loans. (i) Each Conventional Borrowing under this Section 2.01 shall be made on at least, (A) in the case of a Conventional Borrowing consisting of Alternate Base Rate Loans, prior oral or written notice from the Company to the Administrative Agent by 9:00 a.m., Dallas, Texas time on the same day as the requested borrowing (and the Administrative Agent shall prior to 12:00 noon (Dallas, Texas time) on the date such notice is received by the Administrative Agent) provide oral or written notice of the requested borrowing to the Banks, and each Reference Bank shall then provide to the Administrative Agent not later than 12:15 p.m. (Dallas, Texas time) oral or written notice of the rate on overnight Federal funds for such day offered at 12:00 noon (Dallas, Texas time) by such Reference Bank to the Company, and the Alternate Base Rate determined by the Administrative Agent shall be conveyed by the Administrative Agent by oral or written communication to all of the Banks by 1:00 p.m. (Dallas, Texas time) on the Borrowing Date, (B) in the case of a Conventional Borrowing consisting of CD Rate Loans, one Business Day's prior written or oral notice from the Company to the Administrative Agent by 9:00 a.m., Dallas, Texas time and (C) in the case of a Conventional Borrowing consisting of Eurodollar Loans, three Business Days' prior written or oral notice from the Company to the Administrative Agent by 9:00 a.m., Dallas, Texas time (and the Administrative Agent shall, in the case of (B) and (C) above, provide to each Bank
Sample 1
Recordation of Loans. (i) Each Borrowing under this Section 2.01 shall be made on at least (A) in the case of a Borrowing consisting of Alternate Base Rate Loans, prior oral or written notice from the Company to the Administrative Agent by 9:00 a.m. (Dallas, Texas time) on the same day as the requested Borrowing (and the Administrative Agent shall prior to 12:00 noon (Dallas, Texas time) on the date such notice is received by the Administrative Agent provide oral or written notice of the requested Borrowing to the Banks, and each Reference Bank shall then provide to the Administrative Agent not later than 12:15 p.m. (Dallas, Texas time) oral or written notice of the rate on overnight Federal funds for such day offered at 12:00 noon (Dallas, Texas time) by such Reference Bank
Sample 1
AutoNDA by SimpleDocs

Related to Recordation of Loans

  • Evidence of Loans (a) Each Bank shall maintain in accordance with its usual practice an account or accounts evidencing indebtedness of the Borrower to such Bank resulting from each Loan made by such Bank from time to time, including the amounts of principal and interest payable and paid to such Bank from time to time under this Agreement.

  • Termination of Loans In addition to BTC’s authority to terminate a loan of Securities pursuant to the terms of the applicable Securities Lending Agreement as described in Section 2.4 above, BTC shall terminate any Securities loan to a Borrower in accordance with the applicable Securities Lending Agreement promptly:

  • Conversion of Loans Borrower may convert any Loan from one Type of Loan to another Type; provided, however, that (i) any conversion of LIBOR Loans into Base Rate Loans shall be made on, and only on, the first day after the last day of an Interest Period for such LIBOR Loans, and (ii) Loans shall be converted only in amounts of $10,000,000 and increments of $1,000,000 in excess thereof. Borrower shall request such a conversion by a written notice to Administrative Agent in the form of Exhibit C-2, appropriately completed (a “Notice of Conversion of Loan Type”), which specifies:

  • Classification of Loans and Borrowings For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a “Revolving Loan”) or by Type (e.g., a “Eurodollar Loan”) or by Class and Type (e.g., a “Eurodollar Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a “Revolving Borrowing”) or by Type (e.g., a “Eurodollar Borrowing”) or by Class and Type (e.g., a “Eurodollar Revolving Borrowing”).

  • Conversion and Continuation of Loans The Lead Borrower on behalf of the Borrowers shall have the right at any time,

  • Continuation and Conversion of Loans Subject to the terms and conditions of this Agreement, the Borrower may borrow the Loans as Base Rate Loans or Eurodollar Loans and, until the applicable Maturity Date, the Borrower may Continue Eurodollar Loans or Convert Loans of one Type into Loans of the other Type.

  • Application of Prepayments of Loans to Base Rate Loans and Eurodollar Rate Loans Considering each Class of Loans being prepaid separately, any prepayment thereof shall be applied first to Base Rate Loans to the full extent thereof before application to Eurodollar Rate Loans, in each case in a manner which minimizes the amount of any payments required to be made by Borrower pursuant to Section 2.18(c).

  • Making of Loans (i) In the event that Swing Lender is not obligated to make a Swing Loan, then promptly after receipt of a request for a Borrowing pursuant to Section 2.3(a), Agent shall notify the Lenders, not later than 1:00 p.m. (California time) on the Business Day immediately preceding the Funding Date applicable thereto, by telecopy, telephone, or other similar form of transmission, of the requested Borrowing. Each Lender shall make the amount of such Lender’s Pro Rata Share of the requested Borrowing available to Agent in immediately available funds, to Agent’s Account, not later than 10:00 a.m. (California time) on the Funding Date applicable thereto. After Agent’s receipt of the proceeds of such Advances, Agent shall make the proceeds thereof available to Administrative Borrower on the applicable Funding Date by transferring immediately available funds equal to such proceeds received by Agent to Administrative Borrower’s Designated Account; provided, however, that, subject to the provisions of Section 2.3(d)(ii), Agent shall not request any Lender to make, and no Lender shall have the obligation to make, any Advance if Agent shall have actual knowledge that (1) one or more of the applicable conditions precedent set forth in Section 3 will not be satisfied on the requested Funding Date for the applicable Borrowing unless such condition has been waived, or (2) the requested Borrowing would exceed the Availability on such Funding Date.

  • Domicile of Loans Each Lender may transfer and carry its Loans at, to or for the account of any office, Subsidiary or Affiliate of such Lender. Notwithstanding anything to the contrary contained herein, to the extent that a transfer of Loans pursuant to this Section 14.13 would, at the time of such transfer, result in increased costs under Section 2.09, 2.10, or 4.04 from those being charged by the respective Lender prior to such transfer, then the Borrower shall not be obligated to pay such increased costs (although the Borrower shall be obligated to pay any other increased costs of the type described above resulting from changes after the date of the respective transfer).

  • Reduction of Commitment Prepayment of Loans Section 2.05 of the Financing Agreement is hereby amended as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.