Request for LIBOR Rate Loans. Borrower shall give the Bank its irrevocable Request for a LIBOR Rate Loan specifying: i) the Draw Date for the LIBOR Rate Loan, which shall be two (2) Business Days after the date of the Request; provided, however if a Request is received by the Bank after 2:00 p.m. (Eastern Time), the Request for the LIBOR Rate Loan shall be deemed to have been received on the next Business Day; ii) the aggregate amount of such LIBOR Rate Loan, which amount shall not be less than the Minimum Borrowing Amount; iii) the applicable Interest Period (i.e., 1, 2, 3 or 6 month Interest Period); and iv) whether Borrower is electing the Automatic Continuation Option for such LIBOR Rate Loan.
Appears in 1 contract
Samples: Term Loan Credit Agreement (Financial Institutions Inc)
Request for LIBOR Rate Loans. Borrower shall give the Bank its irrevocable Request for a LIBOR Rate Loan specifying:
i) i. the Draw Date for the LIBOR Rate Loan, which shall be a two (2) Business Days after from the date of the Request; : provided, however if a Request is received by the Bank after 2:00 p.m. (Eastern Standard Time), the Request for the LIBOR Rate Loan shall be deemed to have been received on the next Business Day;
ii) . the aggregate amount of such LIBOR Rate Loan, which amount shall not be less than the Minimum Borrowing Amount;; and
iii) . the applicable Interest Period (i.e., 1, 2, 3 or 6 month Interest Period); and.
iv) . whether Borrower is electing to have the Automatic Continuation Option for such LIBOR Rate Loan.
Appears in 1 contract
Samples: Loan Agreement (CVC Inc)
Request for LIBOR Rate Loans. Borrower shall give the Bank its irrevocable Request for a LIBOR Rate Loan specifying:
i) i. the Draw Date for the LIBOR Rate Loan, which shall be a two (2) Business Days after from the date of the Request; provided, however if a Request is received by the Bank after 2:00 p.m. (Eastern Standard Time), the Request for the LIBOR Rate Loan shall be deemed to have been received on the next Business Day;
ii) . the aggregate amount of such LIBOR Rate Loan, which amount shall not be less than the Minimum Borrowing Amount;
iii) . the applicable Interest Period (i.e., 1, 2, 2 or 3 or 6 month Interest Period); and
iv) . whether Borrower is electing to have the Automatic Continuation Option for such LIBOR Rate Loan.
Appears in 1 contract
Request for LIBOR Rate Loans. Borrower shall give the Bank its irrevocable Request for a LIBOR Rate Loan specifying:
i) i. the Draw Date for the LIBOR Rate Loan, which shall be two (2) Business Days after the date of the Request; provided, however if a Request is received by the Bank after 2:00 p.m. (Eastern Time), the Request for the LIBOR Rate Loan shall be deemed to have been received on the next Business Day;
ii) . the aggregate amount of such LIBOR Rate Loan, which amount shall not be less than the Minimum Borrowing Amount;
iii) . the applicable Interest Period (i.e., 1, 2, 3 or 6 month Interest Period); and
iv) . whether Borrower is electing the Automatic Continuation Option for such LIBOR Rate Loan.
Appears in 1 contract
Samples: Revolving Credit Agreement (Financial Institutions Inc)