Requests for Revolving Advances. (a) Each Revolving Advance shall be made upon the irrevocable request of Borrower received by Agent by 12:00 p.m. noon, New York time, on the Borrowing Date therefor in the case of Reference Rate Advances and three (3) Banking Days prior to the Borrowing Date therefor in the case of Eurodollar Rate Advances, specifying: (i) the Borrowing Date for such Revolving Advance, which shall be a Banking Day; (ii) the amount of such Revolving Advance; (iii) whether the Revolving Advance is to be of Reference Rate Advances, Eurodollar Rate Advances or a combination thereof; (iv) if the Revolving Advance is to consist entirely or partly of Eurodollar Rate Advances, the amount of such Eurodollar Rate Advances and the length of the initial Interest Period therefor; and (v) the account of Borrower with Agent for the deposit of the proceeds of such Revolving Advance. Notwithstanding the foregoing, all Revolving Advances to be made on the Closing Date shall be Reference Rate Advances.
Appears in 1 contract
Samples: Credit Agreement (Bally Total Fitness Holding Corp)
Requests for Revolving Advances. (a) Each Revolving Advance shall be made upon the irrevocable request of the Borrower received by Agent by 12:00 p.m. noon, New York time, on the Borrowing Date therefor in the case of Reference Rate Advances and three (3) Banking Days prior to the Borrowing Date therefor in the case of Eurodollar Rate Advances, specifying: (i) the Borrowing Date for such Revolving Advance, which shall be a Banking Day; (ii) the amount of such Revolving Advance; (iii) whether the Revolving Advance is to be of Reference Rate Advances, Eurodollar Rate Advances or a combination thereof; (iv) if the Revolving Advance is to consist entirely or partly of Eurodollar Rate Advances, the amount of such Eurodollar Rate Advances and the length of the initial Interest Period therefor; and (v) the account of Borrower with Agent for the deposit of the proceeds of such Revolving Advance. Notwithstanding the foregoing, all Revolving Advances to be made on the Closing Date shall be Reference Rate Advances.
Appears in 1 contract
Samples: Credit Agreement (Bally Total Fitness Holding Corp)
Requests for Revolving Advances. (a) Each Revolving Advance shall be made upon the irrevocable request of the Borrower received by Agent by 12:00 p.m. noon, New York time, on the Borrowing Date therefor in the case of Reference Rate Advances and three (3) Banking Days prior to the Borrowing Date therefor in the case of Eurodollar Rate Advances, specifying: (i) the Borrowing Date for such Revolving Advance, which shall be a Banking Day; (ii) the amount of such Revolving Advance; (iii) whether the Revolving Advance is to be of Reference Rate Advances, Eurodollar Rate Advances or a combination thereof; (iv) if the Revolving Advance is to consist entirely or partly of Eurodollar Rate Advances, the amount of such Eurodollar Rate Advances and the length of the initial Interest Period therefor; and (v) the account of Borrower with Agent for the deposit of the proceeds of such Revolving Advance. Notwithstanding the foregoing, all Revolving Advances to be made on the Closing Date shall be Reference Rate Advances.. 29
Appears in 1 contract
Samples: Credit Agreement (Bally Total Fitness Holding Corp)
Requests for Revolving Advances. (a) Each Revolving Advance shall be made upon the irrevocable request of Borrower received by Agent by 12:00 p.m. noon, New York time, on the Borrowing Date therefor in the case of Reference Rate Advances and three (3) Banking Days prior to the Borrowing Date therefor in the case of Eurodollar Rate Advances, specifying: (i) the Borrowing Date for such Revolving Advance, which shall be a Banking Day; (ii) the amount of such Revolving Advance; (iii) whether the Revolving Advance is to be of Reference Rate Advances, Eurodollar Rate Advances or a combination thereof; (iv) if the Revolving Advance is to consist entirely or partly of Eurodollar Rate Advances, the amount of such Eurodollar Rate Advances and the length of the initial Interest Period therefor; and (v) the account of Borrower with Agent for the deposit of the proceeds of such Revolving Advance. Notwithstanding the foregoing, all Revolving Advances to be made on the Closing Date shall be Reference Rate Advances.
Appears in 1 contract
Samples: Credit Agreement (Bally Total Fitness Holding Corp)