REQUEST FOR A LOAN Sample Clauses
The "Request for a Loan" clause outlines the process by which a borrower formally asks a lender for a loan under an agreement. Typically, it specifies the information the borrower must provide, such as the amount requested, the proposed date of borrowing, and any required supporting documentation. This clause ensures that both parties have a clear, standardized procedure for initiating loan disbursements, reducing misunderstandings and streamlining the lending process.
REQUEST FOR A LOAN. To request a Loan, the Customer shall notify the Lender of such request by delivery of a Notice of Borrowing, in substantially the form of Exhibit A or otherwise in a form reasonably acceptable to the Lender and signed by the Customer, not later than 10 Business Days before the date of the proposed Loan.
REQUEST FOR A LOAN. Borrower requests a Loan under the Note as follows:
REQUEST FOR A LOAN. Borrower requests a Loan under the Note as follows:
1.1 Interest Selection- State “LIBOR” or “Prime”: __________________________
1.2 Principal Amount of Loan: $__________________________ (If LIBOR Loan, minimum of $500,000.00)
1.3 LIBOR Loan- Effective Date of Interest Period: __________________________, 20_______
1.4 LIBOR Loan — Interest Period: _____________ month(s) (1, 2, 3, 6, 9 or 12 months only)
REQUEST FOR A LOAN. Borrower requests a Loan under the Note as follows:
1.1 Interest Selection- State “LIBOR” or “Prime”:
REQUEST FOR A LOAN. The Lead Borrower, on behalf of the Borrowers, requests a Loan bearing interest under the Agreement as follows: Principal Amount of Loan: $__________________ Interest Selection: Loan accruing interest based upon [Term SOFR][Prime Rate] Interest Period: [One][Three][Six] [Month[s]]5 Borrowing Date: ________________________, 20__] 2. [REQUEST FOR CONVERSION/CONTINUATION. The Lead Borrower, on behalf of the Borrowers, requests to [convert $__________________ of Prime Rate Loans into Term SOFR Loans] [convert $__________ of Term SOFR Loans into Prime Rate Loans] [continue as Term SOFR Loans in an amount of $_________]. [Such Term SOFR Loan will have an Interest Period of [1][3][6] month[s] commencing on ___________.]] [Signature Page to follow] 5 Applicable only for Term SOFR Borrowing. LOAN AGREEMENT Exhibit D US-DOCS\133490421.16 ▇▇▇ QUALITY FOODS, LLC, as Lead Borrower By: ________________________________ Name: Title: LOAN AGREEMENT Exhibit E US-DOCS\133490421.16 Effective Date: [ ], 20[ ] [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] [Signature Pages Follow] LOAN AGREEMENT Exhibit E [Signature Page to Assignment and Acceptance] The terms set forth in this Assignment and Acceptance are hereby agreed to by: ASSIGNOR [ ] By:______________________________ Name: Title: LOAN AGREEMENT Exhibit E [Signature Page to Assignment and Acceptance] ASSIGNEE [ ] By:______________________________ Name: Title: Address: [ ] LOAN AGREEMENT Exhibit E [Signature Page to Assignment and Acceptance] Accepted: CITY NATIONAL BANK, as Administrative Agent By: _________________________________ Name: Title: [▇▇▇ QUALITY FOODS, LLC, as Lead Borrower By: ________________________________ Name: Title:]