Reporting of Non-Rata Credit Extensions Sample Clauses

Reporting of Non-Rata Credit Extensions. Each Borrower agrees to provide the Administrative Agent with written notice of each Non-Rata Credit Extension concurrently with or promptly after the making of such Non-Rata Credit Extension, which notice shall set forth, among other things: (a) the date thereof; (b) the principal amount thereof stated in the relevant Available Currency (and, with respect to all Available Currencies other than the Dollar, the corresponding Dollar Amount thereof); (c) the Interest Period applicable thereto; (d) the aggregate Dollar Amount of such Lender's outstanding or undrawn Non-Rata Credit Extensions as of such date; and (e) the identity of the relevant Lender. Each Lender agrees to provide the Administrative Agent with written confirmation within five calendar days following the last day of each calendar month (from the date hereof until the Commitment Termination Date) of the Outstanding Credit Extensions comprised of Non-Rata Credit Extensions made by such Lender as of the end of such calendar month, which confirmation shall set forth, among other things: (a) the date of each such Non-Rata Credit Extension; (b) the principal amount or Stated Amount, as the case may be, of each such Non-Rata Credit Extension stated in the relevant Available Currency (and the corresponding Dollar Amount thereof), and the aggregate Dollar Amount of all such Non-Rata Credit Extensions; (c) the respective Interest Periods applicable thereto; and (d) the Identity of such Lender.
Sample 1Sample 2
AutoNDA by SimpleDocs
Reporting of Non-Rata Credit Extensions. (a) Each Borrower agrees to provide to (or cause to be provided to) the Administrative Agent notice of each Non-Rata Credit Extension made to or for it concurrently with or promptly after the making of such Non-Rata Credit Extension, which notice shall set forth (i) the date thereof, (ii) the principal amount thereof stated in the relevant Available Currency (and, with respect to all Available Currencies other than the Dollar, the corresponding Dollar Amount thereof as of such date), (iii) the Interest Period, if any, applicable thereto, (iv) the aggregate Dollar Amount of the relevant Lender's outstanding or undrawn Non-Rata Credit Extensions as of such date, and (v) the identity of the relevant Lender.
Sample 1

Related to Reporting of Non-Rata Credit Extensions

  • Each Credit Extension The Lenders shall not be required to make any Credit Extension unless on the applicable Credit Extension Date:

  • Credit Extension Request, etc Subject to Section 2.3.2, the Administrative Agent shall have received a Borrowing Request if Loans are being requested, or an Issuance Request if a Letter of Credit is being requested or extended. Each of the delivery of a Borrowing Request or Issuance Request and the acceptance by the Borrower of the proceeds of such Credit Extension shall constitute a representation and warranty by the Borrower that on the date of such Credit Extension (both immediately before and after giving effect to such Credit Extension and the application of the proceeds thereof) the statements made in Section 5.2.1 are true and correct in all material respects.

  • All Credit Extensions The obligation of each Lender and each Issuer to make any Credit Extension shall be subject to the satisfaction of each of the conditions precedent set forth below.

  • The Commitments and Credit Extensions 2.01 The Loans.

  • Commitments and Credit Extensions 2.01 Revolving and Term Loans

  • Each Extension of Credit The obligation of each Lender to make a Loan on the occasion of any Borrowing, and of the Issuing Lender to issue, amend, renew or extend any Letter of Credit, is subject to the satisfaction of the following conditions:

  • Request for Credit Extension The Administrative Agent and, if applicable, the L/C Issuer or the Swingline Lender shall have received a Request for Credit Extension in accordance with the requirements hereof. Each Request for Credit Extension (other than a Loan Notice requesting only a conversion of Loans to the other Type or a continuation of Eurodollar Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and (b) have been satisfied on and as of the date of the applicable Credit Extension.

  • Initial Credit Extension The Lenders shall not be required to make the initial Credit Extension hereunder unless each of the following conditions is satisfied:

  • Incremental Credit Extensions (a) The Borrowers may at any time or from time to time on one or more occasions after the Effective Date request (i) one or more additional Classes of term loans (each, an “Incremental Term Facility”), (ii) one or more additional term loans of the same Class of any existing Class of term loans (each, an “Incremental Term Increase”), (iii) one or more increases in the amount of the Revolving Commitments of any Class (each such increase, an “Incremental Revolving Commitment Increase”) and/or (iv) one or more additional Classes of Revolving Commitments (the “Additional/Replacement Revolving Commitments,” and, together with any Incremental Term Facility, Incremental Term Increase and the Incremental Revolving Commitment Increases, the “Incremental Facilities”); provided that (x) after giving effect to any Incremental Facility Amendment referred to below and at the time that any such Incremental Facility is made or effected, no Event of Default (or, in the case of the incurrence or provision of any Incremental Facility in connection with a Limited Condition Transaction, no Specified Event of Default) shall have occurred and be continuing and (y) in no event shall it be a condition to the effectiveness of, or borrowing under, any Incremental Facility that any representation or warranty of any Loan Party set forth herein be true and correct, except and solely to the extent required by the Additional Lenders providing such Incremental Facility. Notwithstanding anything to the contrary herein, the aggregate principal amount of the Incremental Facilities that can be incurred at any time shall not exceed the Incremental Cap at such time. Each Incremental Facility shall be in a minimum principal amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof (unless the Borrowers and the Administrative Agent otherwise agree); provided that such amount may be less than $5,000,000 if such amount represents all the remaining availability under the aggregate principal amount of Incremental Facilities set forth above.

  • Conditions to Credit Extensions SECTION 4.01. Conditions to Initial Credit Extension........................62 SECTION 4.02. Conditions to All Credit Extensions...........................67 ARTICLE V

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