Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon (Charlotte time) (i) at least one Business Day before each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $500,000 in excess thereof and with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy of each Notice of Borrowing.
Appears in 19 contracts
Samples: Credit Agreement (Cooper River Properties LLC), Credit Agreement (Broad River Properties L L C), Credit Agreement (Cooper River Properties LLC)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Revolving Credit Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be in an amount equal to the unused amount of the Revolving Credit Commitment, or if less, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 250,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are such Revolving Credit Loan is to be a LIBOR Rate Loans Loan or Base Rate Loans or a combination thereof andLoan, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Revolving Credit Borrowing.
Appears in 9 contracts
Samples: Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 11:00 a.m.
(i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Revolving Credit Lenders of each Notice of Borrowing.
Appears in 5 contracts
Samples: Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Federal Signal Corp /De/), Credit Agreement (Aci Worldwide, Inc.)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Revolving Credit Borrowing"”) not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be in an amount equal to the unused amount of the Revolving Credit Commitment, or if less, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 250,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are such Revolving Credit Loan is to be a LIBOR Rate Loans Loan or Base Rate Loans or a combination thereof andLoan, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Revolving Credit Borrowing.
Appears in 4 contracts
Samples: Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 1:00 p.m.
(i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 1:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Revolving Credit Lenders of each Notice of Borrowing.
Appears in 4 contracts
Samples: Credit Agreement (Amerigas Partners Lp), Credit Agreement (Amerigas Partners Lp), Credit Agreement (Amerigas Partners Lp)
Requests for Borrowing. The Original Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) p.m.
(i) at least one on the same Business Day before as each Base Rate Loan (including each Swingline Loan) and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 3 contracts
Samples: Credit Agreement (Bowater Inc), Credit Agreement (AbitibiBowater Inc.), Credit Agreement (Bowater Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 11:00 a.m.
(i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans (other than Swingline Loans) in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 3 contracts
Samples: Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc)
Requests for Borrowing. The Original Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "Notice of Borrowing") not later than 12:00 noon (Charlotte time) p.m.
(i) at least one on the same Business Day before as each Base Rate Loan (including each Swingline Loan) and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 3 contracts
Samples: Credit Agreement (Bowater Inc), Third Amendment and Waiver (AbitibiBowater Inc.), Eighth Amendment and Waiver (AbitibiBowater Inc.)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B B-1 (a "Notice of Revolving Credit Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be in an amount equal to the unused amount of the Revolving Credit Commitment, or if less, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 250,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are such Revolving Credit Loan is to be a LIBOR Rate Loans Loan or Base Rate Loans or a combination thereof andLoan, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Revolving Credit Borrowing.
Appears in 3 contracts
Samples: Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc)
Requests for Borrowing. The Administrative Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans (other than Swingline Loans), in an aggregate principal amount of $2,500,000 3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans Loans, in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans, in an aggregate principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan, whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 3 contracts
Samples: Credit Agreement (La-Z-Boy Inc), Credit Agreement (La-Z-Boy Inc), Credit Agreement (La-Z-Boy Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B C (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 10:00 a.m.
(i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (y) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and (z) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices If the Borrower fails to specify a type of Loan in a Notice of Borrowing, then the applicable Loans shall be made as Base Rate Loans. If the Borrower requests a Borrowing of LIBOR Rate Loans in any such Notice of Borrowing, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. A Notice of Borrowing received after 12:00 noon (Charlotte time) 10:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 3 contracts
Samples: Credit Agreement (Cirrus Logic Inc), Credit Agreement (Cirrus Logic Inc), Credit Agreement (Cirrus Logic Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $500,000 100,000 in excess thereof and (z) with respect to LIBOR Rate Swingline Loans in an aggregate principal amount of $5,000,000 50,000 or a whole multiple of $1,000,000 50,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of BorrowingBorrowing by telecopier (or by telephone promptly confirmed by telecopier).
Appears in 2 contracts
Samples: Credit Agreement (Paravant Inc), Credit Agreement (Paravant Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) p.m.
(i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan, and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying specifying:
(A) the date of such borrowing, which shall be a Business Day, ;
(B) whether such Revolving Credit Loan shall be a LIBOR Rate Loan or a Base Rate Loan;
(C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan;
(D) if such Loan is a LIBOR Rate Loan, the duration of the Interest Period applicable thereto; and
(E) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, thereof or (Cz) whether the with respect to Swingline Loans are to be LIBOR Rate Loans or Base Rate Loans in an aggregate principal amount of $500,000 or a combination thereof and, if a combination whole multiple of $100,000 in excess thereof, the amount allocable to each and (D) in the case . A Notice of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices Borrowing received after 12:00 noon (Charlotte time) p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (Apogee Enterprises, Inc.), Credit Agreement (Apogee Enterprises Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 1:00 p.m.
(i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 1:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Tuesday Morning Corp/De)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before for each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base each LIBOR Rate Loans Loan, in an aggregate a principal amount of $2,500,000 2,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR each Base Rate Loans Loan, in an aggregate a principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether the Loans are such Loan is to be a Working Capital Loan, Swingline Loan or Permitted Acquisition Loan, (D) in the case of a Working Capital Loan or Permitted Acquisition Loan, whether such Loan is to be a LIBOR Rate Loans Loan or Base Rate Loans or a combination thereof andLoan, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (Inergy L P), Credit Agreement (Inergy L P)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) p.m.
(i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)
Requests for Borrowing. The Administrative Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 11:00 a.m. (i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 50,000 or a whole multiple of $500,000 10,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $50,000 or a whole multiple of $10,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 2 contracts
Samples: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 2:00 p.m.
(i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 2:00 p.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower CT, on behalf of the Borrowers, shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be in an amount equal to the amount of the Aggregate Commitment then available to the Borrowers, or if less, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 250,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof, (C) whether the Revolving Credit Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit EXHIBIT B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one (1) Business Day before each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be in an amount equal to the amount of the Aggregate Commitment then available to the Borrower, or if less, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 250,000 or a whole multiple of $500,000 100,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 500,000 or a whole multiple of $1,000,000 500,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Hickory Tech Corp)
Requests for Borrowing. The Borrower Borrowers shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon 11:00 a.m. (Charlotte Cleveland time) (i) at least one on the same Business Day before as each Base Rate Loan and Swing Line Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount and currency of such borrowing, which shall be in an amount equal to the amount of the Aggregate Commitment then available to the Borrowers, or if less, (x) with respect to Base Rate Loans Loans, in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 100,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans Loans, in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof and (z) and with respect to Swing Line Loans, in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Loans, Base Rate Loans or a combination thereof andLoans, Swing Line Loans, or, if a combination thereof, the amount allocable allocated to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte Cleveland time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable ---------------------- prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of --------- Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (American Business Information Inc /De)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) (i) at least one 11:00 a.m. on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) 11:00 a.m. at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying specifying:
(A) the date of such borrowing, which shall be a Business Day, ;
(B) whether such Loan is to be a Revolving Credit Loan or a Swingline Loan;
(C) if such Loan is a Revolving Credit Loan, whether such Revolving Credit Loan shall be a LIBOR Rate Loan or a Base Rate Loan;
(D) the amount of such borrowing, which shall be in an amount equal to the amount of the Aggregate Commitment or the Swingline Commitment, as applicable, then available to the Borrower, or if less, (1) with respect to Base Rate Loans (other than Swingline Loans), in an aggregate principal amount of $2,500,000 or a whole multiple of $500,000 in excess thereof and with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof, (C2) whether the Loans are with respect to be LIBOR Rate Loans or Base Rate Loans Loans, in an aggregate principal amount of $3,000,000 or a combination thereof and, if a combination whole multiple of $1,000,000 in excess thereof, the amount allocable to each and (D3) with respect to Swingline Loans, in the case an aggregate principal amount of $100,000 or a LIBOR Rate Loanwhole multiple of $100,000 in excess thereof, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy of each Notice of Borrowing.and
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "Notice of Borrowing") not later than 12:00 noon (Charlotte time) 11:00 a.m.
(i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 500,000 or a whole multiple of $500,000 100,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Administrative Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B E (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 11:00 a.m.
(i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 50,000 or a whole multiple of $500,000 10,000 in excess thereof thereof, and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) that such Loan is to be a Revolving Credit Loan, (D) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") Revolving Credit Borrowing not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one (1) Business Day before each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 500,000 or a whole multiple of $500,000 100,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof, (C) whether the Revolving Credit Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Revolving Credit Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Kinder Morgan Bulk Terminals Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") Revolving Credit Borrowing not later than 12:00 noon 2:30 p.m. (Charlotte time) )
(i) at least one (1) Business Day before each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans Loans, other than borrowings pursuant to Section 3.5, in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereofthereof (except, in each case, the amount of such borrowing may be in the aggregate amount available to the Borrower), (C) whether the Revolving Credit Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 2:30 p.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Revolving Credit Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower ShoLodge, on behalf of the Borrowers, shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon (Charlotte time) (i) at least one on the same Business Day before as each Swingline Loan and each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be with respect to in an aggregate principal amount of $1,000,000 or an integral multiple of $100,000 in excess thereof for Base Rate Loans in Loans, an aggregate principal amount of $2,500,000 or a whole an integral multiple of $500,000 in excess thereof and with respect to for LIBOR Rate Loans in and an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof100,000 for Swingline Loans, (C) whether such Loan is to be a Revolving Credit Loan or a Swingline Loan, (D) in the case of a Revolving Credit Loan, whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy of each Notice of Borrowing.on
Appears in 1 contract
Samples: Credit Agreement (Sholodge Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 11:00 a.m.
(i) at least one (1) Business Day before each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 3,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, thereof (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit EXHIBIT B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one Business Day before each Base Rate Loan and (ii) at least three (3) Business Days before each requested borrowing date, in the case of a LIBOR Rate Loan, and at least one (1) Business Day before each requested borrowing date, in the case of its intention to borrowa Base Rate Loan, specifying (Ai) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $500,000 in excess thereof and with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (Cii) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, (iii) the amount allocable to each and (D) of such borrowing, which shall be in the case of a any Base Rate Loans an aggregate principal amount of $500,000 or any integral multiple of $500,000 in excess thereof and in the case of any LIBOR Rate Loan, Loans an aggregate principal amount of $1,000,000 or any integral multiple of $500,000 in excess thereof and (iv) the requested duration of the any Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower Guarantor, on behalf of all Borrowers, shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its the Borrowers' intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (X) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and (Y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereofthereof (except, in each case, the amount of such borrowing may be in the aggregate amount available to the Borrowers), (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 11:00 a.m.
(i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans), in an aggregate principal amount of $2,500,000 2,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 2,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan, whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Revolving Credit Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B F (a "Notice of Borrowing") ), not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one Business Day before each on the requested borrowing date in the event that the Revolving Credit Loans will initially be made as Base Rate Loan Loans, and (ii) at least three (3) Business Days before each prior to the requested borrowing date in the event that the Revolving Credit Loans will initially be made as LIBOR Rate LoanLoans, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 500,000 or a whole multiple of $500,000 100,000 in excess thereof thereof, and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof, (C) whether the Revolving Credit Loans are initially to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLIBOR Rate Loans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate LoanLoans, the duration of the initial Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of its receipt of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B B-1 (a "Notice of Borrowing") not later than 12:00 noon Noon (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $50,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon Noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Veridian Corp)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan or Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (1) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $500,000 in excess thereof and with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof, (2) with respect to LIBOR Loans in an aggregate principal amount of $10,000,000 or a whole multiple of $1,000,000 in excess thereof and (3) with respect to Swingline Loans in an aggregate principal amount of $300,000 or a whole multiple of $100,000 in excess thereof, (C) whether the Loans such loans are to be LIBOR Rate Revolving Credit Loans or Base Rate Loans or a combination thereof andSwingline Loans, if a combination thereof, the amount allocable to each and (D) in the case of a Revolving Credit Loan, whether the Loans are to be LIBOR Loans or Base Rate Loans and (E) in the case of a LIBOR Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative ---------------------- Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B --------- (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before for each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base each LIBOR Rate Loans Loan, in an aggregate a principal amount of $2,500,000 2,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR each Base Rate Loans Loan, in an aggregate a principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof, and (z) with respect to each Swingline Loan, in a principal amount of $250,000 or a whole multiple of $50,000 in excess thereof, (C) whether the Loans are such Loan is to be a Working Capital Loan, Swingline Loan, Permitted Acquisition Loan or IPC Acquisition Loan, (D) in the case of a Working Capital Loan, Permitted Acquisition Loan or IPC Acquisition Loan, whether such Loan is to be a LIBOR Rate Loans Loan or Base Rate Loans or a combination thereof andLoan, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Inergy L P)
Requests for Borrowing. The Borrower Borrowers shall give the ---------------------- Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. --------- (Charlotte Philadelphia time) (i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be in an amount equal to the amount of the Aggregate Revolving Commitment then available to the Borrowers, or if less, (x) with respect to Base Rate Loans Loans, in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 250,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans Loans, in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof, and (z) with respect to Swingline Loans, $1, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andor, if a combination thereof, the amount allocable allocated to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte Philadelphia time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing") not later than 12:00 noon (Charlotte time) of
(i) at least one (1) Business Day before the borrowing date of each Base Rate Loan and (ii) at least three two (32) Business Days before the borrowing date of each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (I) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 250,000 in excess thereof thereof, and (II) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 250,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 10:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) or telephonic notice (followed by prompt delivery of such Notice of Borrowing) not later than 12:00 noon (Charlotte time) 11:00 a.m. New York time (i) at least one on the same Business Day before as each Base Rate Loan including such Base Rate Loans borrowed to refinance Qualifying Commercial Paper and (ii) at least three on or prior to the third (33rd) Business Days Day before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) whether such Loan shall be a LIBOR Rate Loan or a Base Rate Loan, (C) the amount of such borrowing, which shall be with respect to Base Rate Loans in an aggregate principal amount equal to the amount of $2,500,000 the Aggregate Commitment, then available to the Borrower, or a whole multiple of $500,000 in excess thereof and with respect to LIBOR Rate Loans if less, in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) the time set forth above shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the applicable Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit of EXHIBIT B (a "Notice of Borrowing") not later than 12:00 noon (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 2,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereofthereof and (z) with respect to Swingline Loans in whole multiples of $100,000, (C) whether such Loans are to be Revolving Credit Loans or Swingline Loans, (D) in the case of Revolving Credit Loans whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate LoanLoans, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent Lender irrevocable prior written notice substantially in the form attached hereto as Exhibit EXHIBIT B (a "Notice of Borrowing") not later than 12:00 noon 2:00 p.m. (Charlotte time) (i) on the same Business Day as each Base Rate Loan, (ii) at least one two (2) Business Day Days before each Base CD Rate Loan and (iiiii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof thereof, (y) with respect to CD Rate Loans in an aggregate principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof, and (z) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Loans, Base Rate Loans Loans, or a combination thereof andCD Rate Loans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan or a CD Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 2:00 p.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy of each Notice of Borrowing.
Appears in 1 contract
Samples: Revolving Credit Loan Agreement (Marshall Industries)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 10:00 a.m.
(i) at least one (1) Business Day before the borrowing date of each Base Rate Loan and (ii) at least three two (32) Business Days before the borrowing date of each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (I) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 250,000 in excess thereof thereof, and (II) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 250,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 10:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B C (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 10:00 a.m.
(i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (y) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and (z) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 10:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Cirrus Logic Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Swingline Loan or Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (1) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 500,000 or a whole multiple of $500,000 100,000 in excess thereof and (2) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Loans, Base Rate Loans Loans, or a combination thereof andSwingline Loans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing. Notwithstanding the foregoing, Swingline Loans may be disbursed pursuant to the Controlled Cash Flow Plus Agreement without a Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower Guarantor, on behalf of all Borrowers, shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its the Borrowers' intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (X) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and (Y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereofthereof (except, in each case, the amount of such borrowing may be in the aggregate amount available to the Borrowers), (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Knology Inc)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing"Revolving Credit Borrowing (i) not later than 12:00 noon 1:30 p.m. (Charlotte time) on the same Business Day as each Swingline Loan, (iii) not later than 2:30 p.m. (Charlotte time) at least one (1) Business Day before each Base Rate Loan Loan, and (iiiii) not later than 2:30 p.m. (Charlotte time) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans Loans, other than borrowings pursuant to Section 3.5, in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereofthereof and (z) with respect to Swingline Loans in an aggregate principal amount of $300,000 or a whole multiple of $100,000 in excess thereof (except, in each case, the amount of such borrowing may be in the aggregate amount available to the Borrower), (C) whether the Revolving Credit Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 2:30 p.m. (Charlotte time) (or 1:30 p.m. in the case of Swingline Loans) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Revolving Credit Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Borrowing") not later than 12:00 noon 3:00 p.m. (Charlotte time) in the case of Swingline Loans and 11:00 a.m. (Charlotte time) in the case of Base Rate Loans and LIBOR Rate Loans (i) on the same Business Day as each Swingline Loan, (ii) at least one Business Day before each Base Rate Loan (other than Swingline Loans) and (iiiii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 or a whole multiple of $500,000 in excess thereof and with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 100,000 in excess thereofthereof with respect to LIBOR Rate Loans and $1,000,000 or a whole multiple of $100,000 in excess thereof with respect to Base Rate Loans, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 3:00 p.m. or 11:00 a.m. (Charlotte time) ), as applicable, shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "Notice of Borrowing") not later than 12:00 noon (Charlotte time) 11:00 a.m. (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 2,500,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Globalstar, Inc.)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 500,000 or a whole multiple of $500,000 100,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or Swingline Loan, (D) in the case of a Revolving Credit Loan whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Radyne Corp)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B F (a "“Notice of Borrowing") ”), not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one Business Day before each on the requested borrowing date in the event that the Revolving Credit Loans will initially be made as Base Rate Loan Loans, and (ii) at least three (3) Business Days before each prior to the requested borrowing date in the event that the Revolving Credit Loans will initially be made as LIBOR Rate LoanLoans, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 500,000 or a whole multiple of $500,000 100,000 in excess thereof thereof, and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof, (C) whether the Revolving Credit Loans are initially to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLIBOR Rate Loans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate LoanLoans, the duration of the initial Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of its receipt of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B B-1 (a "Notice of Borrowing") not later than 12:00 noon (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be with respect to Base LIBOR Rate Loans in an aggregate principal amount of $2,500,000 10,000,000 or a whole multiple of $500,000 5,000,000 in excess thereof and with respect to LIBOR Base Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the LIBOR Interest Period applicable thereto. Notices Any notices received after 12:00 noon 11:00 a.m. (Charlotte time) for Base Rate Loans or LIBOR Rate Loans shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of BorrowingBorrowing with Respect to a Revolving Credit Loan.
Appears in 1 contract
Samples: 364 Day Credit Agreement (Lci International Inc /Va/)
Requests for Borrowing. The Borrower Borrowers shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon 11:00 a.m. (Charlotte Cleveland time) (i) at least one on the same Business Day before as each Base Rate Loan and Swing Line Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be in an amount equal to the amount of the Aggregate Commitment then available to the Borrowers, or if less, (x) with respect to Base Rate Loans Loans, in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 100,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans Loans, in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof and (z) and with respect to Swing Line Loans, in an aggregate principal amount of $500,000 or a whole multiple of $100,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Loans, Base Rate Loans or a combination thereof andLoans, Swing Line Loans, or, if a combination thereof, the amount allocable allocated to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte Cleveland time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) 11:00 a.m.
(i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 500,000 or a whole multiple of $500,000 100,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof, (C) whether the Revolving Credit Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as of Exhibit B (a "“Notice of Borrowing"”) not later than 12:00 noon (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be be, (x) with respect to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $2,500,000 2,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and thereof, (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereofthereof and (z) with respect to Swingline Loans in whole multiples of $100,000, (C) whether such Loans are to be Revolving Credit Loans or Swingline Loans, (D) in the case of Revolving Credit Loans whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (DE) in the case of a LIBOR Rate LoanLoans, the duration of the Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative ---------------------- Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B --------- (a "Notice of Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof thereof, and (y) with respect to LIBOR Rate Loans Loans, in an aggregate principal amount of $5,000,000 2,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, (provided that LIBOR Rate Loans shall not be available until three (3) Business Days after the amount allocable to each Closing Date) and (D) in the case of a LIBOR Rate Loan, the duration of the initial Interest Period applicable thereto. Notices A Notice of Borrowing received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (Commonwealth Telephone Enterprises Inc /New/)
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of Revolving Credit Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) )
(i) at least one (1) Business Day before each Revolving Credit Loan which is initially to be a Base Rate Loan is to be made and (ii) at least three (3) Business Days before each Revolving Credit Loan which is initially to be a LIBOR Rate LoanLoan is to be made, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be in an amount equal to the amount of the Aggregate Revolving Credit Commitment then available to the Borrower, or if less, (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the such Revolving Credit Loans are initially to be LIBOR Rate Loans or Base Rate Loans or a combination thereof andLoans, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the initial Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of BorrowingRevolving Credit Borrowing received by the Administrative Agent.
Appears in 1 contract
Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form attached hereto as Exhibit B (a "Notice of --------- Borrowing") not later than 12:00 noon 11:00 a.m. (Charlotte time) (i) at least one on the same Business Day before as each Base Rate Loan and (ii) at least three (3) Business Days before each LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be (x) with respect to Base Rate Loans in an aggregate principal amount of $2,500,000 1,000,000 or a whole multiple of $500,000 in excess thereof and (y) with respect to LIBOR Rate Loans in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (C) whether the Loans are to be LIBOR Rate Loans or Base Rate Loans or a combination thereof and, if a combination thereof, the amount allocable to each and (D) in the case of a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 12:00 noon 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify and furnish each Lender with a copy the Lenders of each Notice of Borrowing.
Appears in 1 contract
Samples: Credit Agreement (American Business Information Inc /De)