Common use of Requesting Loans Clause in Contracts

Requesting Loans. The Borrowers shall give the Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Loans. Each Notice of Borrowing shall be delivered to the Agent before 11:00 a.m. (i) in the case of LIBOR Loans, on the date three Business Days prior to the proposed date of such borrowing and (ii) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, and shall be promptly confirmed in writing by the Borrowers pursuant to a Notice of Borrowing sent to the Agent by telecopy on the same day of the giving of such telephonic notice. The Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by the Agent. Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the Borrowers.

Appears in 4 contracts

Samples: And Consolidated Credit Agreement (Epr Properties), Credit Agreement (Epr Properties), Credit Agreement (Entertainment Properties Trust)

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Requesting Loans. The Borrowers Borrower shall give the Administrative Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Revolving Loans. Each Notice of Borrowing shall be delivered to the Administrative Agent before 11:00 a.m. 12:00 noon (i) in the case of LIBOR Eurodollar Loans, on the date three two Business Days prior to the proposed date of such borrowing and (ii) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, Borrowing and shall be promptly confirmed in writing by the Borrowers Borrower pursuant to a Notice of Borrowing sent to the Administrative Agent by telecopy on the same day of the giving of such telephonic notice. The Administrative Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by Administrative Agent (but in any event not later than 1:00 p.m. on the Agentdate of receipt thereof). Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersBorrower.

Appears in 3 contracts

Samples: Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)

Requesting Loans. The Borrowers Borrower shall give the Administrative Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Loans. Each Notice of Borrowing shall be delivered to the Administrative Agent before 11:00 a.m. 12:00 noon (ia) in the case of LIBOR Eurodollar Loans, on the date three two Business Days prior to the proposed date of such borrowing and (iib) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, Borrowing and shall be promptly confirmed in writing by the Borrowers Borrower pursuant to a Notice of Borrowing sent to the Administrative Agent by telecopy on the same day of the giving of such telephonic notice. The Administrative Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by Administrative Agent (but in any event not later than 1:00 p.m. on the Agentdate of receipt thereof). Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Requesting Loans. The Borrowers Company shall give the Disbursing Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Loans. Each Notice of Borrowing shall be delivered to the Disbursing Agent before 11:00 a.m. 12:00 noon (ia) in the case of LIBOR Loans, on the date three two Business Days prior to the proposed date of such borrowing and (iib) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, Borrowing and shall be promptly confirmed in writing by the Borrowers Company pursuant to a Notice of Borrowing sent to the Disbursing Agent by telecopy on the same day of the giving of such telephonic notice. The Disbursing Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by the AgentDisbursing Agent (but in any event not later than 1:00 p.m. on the date of receipt thereof). Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersCompany.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Requesting Loans. The Borrowers Borrower shall give the Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Revolving Loans. Each Notice of Borrowing shall be delivered to the Agent before (a) 11:00 a.m. (i) in the case of the borrowing of LIBOR Loans, on the date three Business Days prior to the proposed date of such borrowing and (iib) 11:00 a.m. in the case of the borrowing of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, Borrowing and shall be promptly confirmed in writing by the Borrowers Borrower pursuant to a Notice of Borrowing sent to the Agent by telecopy on the same day of the giving of such telephonic notice. The Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by the Agent. Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Physicians Specialty Corp)

Requesting Loans. The Borrowers Borrower shall give the Administrative Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Revolving Loans; provided that during the existence of a Default or Event of Default, no Loans may be requested as, Converted to, or Continued as Eurodollar Loans. Each Notice of Borrowing shall be delivered to the Administrative Agent before 11:00 a.m. 12:00 noon (i) in the case of LIBOR Eurodollar Loans, on the date three two Business Days prior to the proposed date of such borrowing and (ii) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, Borrowing and shall be promptly confirmed in writing by the Borrowers Borrower pursuant to a Notice of Borrowing sent to the Administrative Agent by telecopy on the same day of the giving of such telephonic notice. The Administrative Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by Administrative Agent (but in any event not later than 1:00 p.m. on the Agentdate of receipt thereof). Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Requesting Loans. The Borrowers Borrower shall give the Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Loans. Each Notice of Borrowing shall be delivered to the Agent before 11:00 a.m. (i) in the case of LIBOR Loans, Eurocurrency Loans on the date three Business Days prior to the proposed date of such borrowing and (ii) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, and shall be promptly confirmed in writing by the Borrowers Borrower pursuant to a Notice of Borrowing sent to the Agent by telecopy on the same day of the giving of such telephonic notice. The Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by the Agent. Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersBorrower.

Appears in 1 contract

Samples: And Consolidated Credit Agreement (Epr Properties)

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Requesting Loans. The Borrowers Borrower shall give the Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Loans. Each Notice of Borrowing shall be delivered to the Agent before 11:00 a.m. (i) in the case of LIBOR EurocurrencyRFR Loans (other than Daily Simple SOFR Loans), on the date three RFR Business Days prior to the proposed date of such borrowing and (ii) in the case of Base Rate Loans and Daily Simple SOFR Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, and shall be promptly confirmed in writing by the Borrowers Borrower pursuant to a Notice of Borrowing sent to the Agent by telecopy on the same day of the giving of such telephonic notice. The Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by the Agent. Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersBorrower.

Appears in 1 contract

Samples: And Consolidated Credit Agreement (Epr Properties)

Requesting Loans. The Borrowers MG Borrower shall give the Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Loans. Each Notice of Borrowing shall be delivered to the Agent before 11:00 a.m. (i) in the case of LIBOR Loans, on the date three Business Days prior to the proposed date of such borrowing and (ii) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, Borrowing and shall be promptly confirmed in writing by the Borrowers MG Borrower pursuant to a Notice of Borrowing sent to the Agent by telecopy on the same day of the giving of such telephonic notice. The Agent will transmit by telecopy provide notice of the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by the Agent. Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the Borrowers.

Appears in 1 contract

Samples: Security Agreement (Morgans Hotel Group Co.)

Requesting Loans. The Borrowers Borrower shall give the Administrative Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Revolving Loans. Each Notice of Borrowing shall be delivered to the Administrative Agent before 11:00 a.m. 12:00 noon (ia) in the case of LIBOR Eurodollar Loans, on the date three two Business Days prior to the proposed date of such borrowing and (iib) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, Borrowing and shall be promptly confirmed in writing by the Borrowers Borrower pursuant to a Notice of Borrowing sent to the Administrative Agent by telecopy on the same day of the giving of such telephonic notice. The Administrative Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by Administrative Agent (but in any event not later than 1:00 p.m. on the Agentdate of receipt thereof). Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Allied Capital Corp)

Requesting Loans. The Borrowers Borrower shall give the Agent notice pursuant to a Notice of Borrowing or telephonic notice of each borrowing of Loans. Each Notice of Borrowing shall be delivered to the Agent before 11:00 a.m. (i) in the case of LIBOR Loans (provided that all Alternative Currency Loans shall be LIBOR Loans), on the date three Business Days prior to the proposed date of such borrowing and (ii) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing. Any such telephonic notice shall include all information to be specified in a written Notice of Borrowing, including an updated Availability Certificate and Compliance Certificate, and shall be promptly confirmed in writing by the Borrowers Borrower pursuant to a Notice of Borrowing sent to the Agent by telecopy on the same day of the giving of such telephonic notice. The Agent will transmit by telecopy the Notice of Borrowing (or the information contained in such Notice of Borrowing) to each Lender promptly upon receipt by the Agent. Each Notice of Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the BorrowersBorrower.

Appears in 1 contract

Samples: And Consolidated Credit Agreement (Epr Properties)

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