Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C hereto (or telephonic notice confirmed in a writing in the form of Exhibit C hereto) of each Revolving Credit Loan requested hereunder (a “Loan Request”) no less than (a) two (2) Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four (4) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,000.
Appears in 4 contracts
Samples: Assignment and Assumption (CAI International, Inc.), Assignment and Assumption (CAI International, Inc.), Assignment and Assumption (CAI International, Inc.)
Requests for Revolving Credit Loans. The Each Borrower shall give to the Administrative Agent written notice in the form of Exhibit C hereto (or telephonic notice confirmed in a writing in the form of Exhibit C heretohereto or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower) of each Revolving Credit Loan requested hereunder (a “Loan Request”) not later than 2:00 p.m. (eastern time) no less than (a) two (2) Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four (4) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof. Each Loan Request shall be irrevocable and binding on the applicable Borrower and shall obligate the such Borrower to accept the Revolving Credit Loan requested from the Lenders on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,000.
Appears in 3 contracts
Samples: Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.), Revolving Credit Agreement (CAI International, Inc.)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice (which may be by facsimile) in the form of Exhibit C EXHIBIT B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C EXHIBIT B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) with respect to a Eurodollar Rate Loan, the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating (i) pertaining to a Base Eurodollar Rate Loan Loans shall be in a minimum aggregate amount of $500,000 1,000,000 or a whole multiple of $250,000 in excess thereof; and each Loan Request relating (ii) pertaining to a Eurodollar Base Rate Loan Loans shall be in a minimum aggregate amount of $1,000,000100,000 or a whole multiple of $50,000 in excess thereof.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Stage Stores Inc), Revolving Credit Agreement (Stage Stores Inc)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C hereto (or telephonic notice confirmed in a writing in the form of Exhibit C hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (ai) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (bii) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (iA) the principal amount of the Revolving Credit Loan requested, (iiB) the proposed Drawdown Date of such Revolving Credit Loan, (iiiC) the Interest Period for such Revolving Credit Loan and (ivD) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,0001,000,000 or an integral multiple thereof.
Appears in 2 contracts
Samples: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Marcam Corp)
Requests for Revolving Credit Loans. The US Borrower shall give to the Administrative Agent written notice in the form of Exhibit C C-1 hereto (or telephonic notice confirmed in a writing in the form of Exhibit C C-1 hereto) of each Revolving Credit Loan requested hereunder (a “"Revolving Credit Loan Request”") no less not later than (a) two one (21) US Business Days Day prior to the proposed any Drawdown Date of any Base Rate Loan and or (b) four three (43) Eurodollar LIBOR Business Days prior to the proposed any Drawdown Date of any Eurodollar LIBOR Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan Loan, and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof. Each Loan Request such notice shall be irrevocable and binding on the US Borrower and shall obligate the US Borrower to accept the requested Revolving Credit Loan requested from the Lenders on the proposed Drawdown DateDate thereof. Each Revolving Credit Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,000or an integral multiple thereof.
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc), Credit and Term Loan Agreement (Genesee & Wyoming Inc)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit EXHIBIT C hereto (or telephonic notice confirmed in a writing in the form of Exhibit EXHIBIT C hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (ai) two 12:00 noon (2Boston time) one (1) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (bii) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (iA) the principal amount of the Revolving Credit Loan requested, (iiB) the proposed Drawdown Date of such Revolving Credit Loan, (iiiC) the Interest Period for such Revolving Credit Loan and (ivD) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request such notice shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,000100,000 or an integral multiple thereof.
Appears in 2 contracts
Samples: Credit Agreement (HPSC Inc), Credit Agreement (HPSC Inc)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two (2) Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and Loan, provided, that with respect to Eurodollar Rate Loans, the Borrower may not specify an Interest Period which extends beyond the scheduled Revolving Credit Maturity Date, (iv) the Type of such Revolving Credit Loan. Promptly upon receipt , and (v) the purpose for which the proceeds of any such notice, the Administrative Agent Revolving Credit Loan shall notify each of the Lenders thereofbe used. Each Loan Request such notice shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders on the proposed Drawdown Date. Each such notice shall be deemed to be a representation and warranty of the Borrower to the Lenders that all of the conditions set forth in ss. 12 have been satisfied. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount 250,000 or an integral multiple of $1,000,00025,000 if in excess thereof.
Appears in 1 contract
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit EXHIBIT C hereto (or telephonic notice confirmed in a writing in the form of Exhibit EXHIBIT C hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less later than 11:00 a.m. (aBoston time) two (2) Business Days prior to on the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for Type of such Revolving Credit Loan and (iv) the Type of Interest Period for such Revolving Credit Loan if a Eurodollar Rate Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of (X) $500,000 or an integral multiple of $100,000 in excess thereof with respect to Base Rate Loans and each Loan Request relating (Y) $2,500,000 or an integral multiple of $500,000 in excess thereof with respect to a Eurodollar Rate Loan shall be in a minimum aggregate amount Loans and no more than five (5) Eurodollar Rate Loans Interest Periods may run concurrently at any time during the term of $1,000,000this Credit Agreement.
Appears in 1 contract
Samples: Revolving Credit Agreement (Republic Engineered Steels Inc)
Requests for Revolving Credit Loans. The Borrower Borrowers shall give to the Administrative Agent written notice in the form of Exhibit C EXHIBIT B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C EXHIBIT B hereto) of each Revolving Credit Loan requested hereunder (a “Loan Request”"LOAN REQUEST") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof. Each Loan Request shall be irrevocable and binding on the Borrower Borrowers and shall obligate the Borrower Borrowers to accept the Revolving Credit Loan requested from the Lenders on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount or an integral of $1,000,000100,000 in excess thereof.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Furrs Restaurant Group Inc)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Day prior to the proposed Drawdown Date of any Prime Rate Loan and (b) three (3) LIBOR Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four (4) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar LIBOR Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit any LIBOR Rate Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to 250,000 or a Eurodollar Rate Loan shall be in a minimum aggregate amount whole multiple of $1,000,000100,000 in excess thereof.
Appears in 1 contract
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C hereto (or telephonic notice confirmed in a writing in the form of Exhibit C hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less not later than (a) two 11:00 a.m. (2Boston time) Business Days prior to on the proposed Drawdown Date of any Base Rate Loan and (b) four 11:00 a.m. (4Boston time) two (2) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to shall for a Base Rate Loan shall be in a minimum aggregate amount of $500,000 1,000,000 or a larger integral multiple of $100,000 in excess thereof, and each Loan Request relating to for a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,0005,000,000 or a larger integral multiple of $1,000,000 in excess thereof.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Western Digital Corp)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C EXHIBIT B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C EXHIBIT B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar LIBOR Business Days prior to the proposed Drawdown Date of any Eurodollar LIBOR Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,000250,000 or an integral multiple thereof.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Stride & Associates Inc)
Requests for Revolving Credit Loans. The Borrower (a) Each Revolving Credit Loan shall give be made upon the applicable Borrower’s irrevocable notice to the Administrative Agent, which may be given by (A) telephone, or (B) a Loan Request; provided that any telephonic notice must be confirmed immediately by delivery to the Administrative Agent written notice in the form of Exhibit C hereto (or telephonic notice confirmed in a writing in the form of Exhibit C hereto) of each Revolving Credit Loan requested hereunder (a “Loan Request”) . Each such Loan Request must be received by the Administrative Agent no less later than (a) two (2) Business Days prior to 4:00 p.m. on the proposed Drawdown Date of any Base Federal Funds Rate Loan and (b) four (4) Eurodollar Business Days prior to the proposed Drawdown Date or of any Eurodollar Rate LIBOR Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for Loan Repayment Date of such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such noticeLoan Request, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower requesting such Loan and shall obligate the such Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be 10,000,000 or in a minimum aggregate amount an integral multiple of $1,000,0001,000,000 in excess thereof.
Appears in 1 contract
Samples: Revolving Credit Agreement (Alliancebernstein L.P.)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C EXHIBIT A hereto (or telephonic notice confirmed in a writing in the form of Exhibit C EXHIBIT A hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to for a Eurodollar Rate Loan shall be in a minimum aggregate amount of $3,000,000 or an integral multiple of $1,000,000 in excess thereof. Each Loan Request for a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be 1,000,000 or in a minimum aggregate amount of $1,000,000integral multiple thereof.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Dynatech Corp)
Requests for Revolving Credit Loans. The Each Borrower shall give to the Administrative Agent written notice in the form of Exhibit C ExhibitC hereto (or telephonic notice confirmed in a writing in the form of Exhibit C ExhibitC hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two (2) Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four (4) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof. Each Loan Request shall be irrevocable and binding on the applicable Borrower and shall obligate the such Borrower to accept the Revolving Credit Loan requested from the Lenders on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,000.
Appears in 1 contract
Samples: Revolving Credit Agreement (CAI International, Inc.)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (ai) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (bii) four three (43) Eurodollar LIBOR Business Days prior to the proposed Drawdown Date of any Eurodollar LIBOR Rate Loan. Each such notice shall specify (iA) the aggregate principal amount of the Revolving Credit Loan Loans requested, (iiB) the proposed Drawdown Date of such Revolving Credit LoanLoans, (iiiC) the Interest Period for such Revolving Credit Loan Loans, and (ivD) the Type of such Revolving Credit LoanLoans. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan Loans requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating with respect to a Base Rate Loan Loans shall be in a minimum aggregate amount of $500,000 or an integral multiple thereof and each Loan Request relating to a Eurodollar in respect of LIBOR Rate Loan Loans shall be in a minimum aggregate amount of $1,000,0001,000,000 or an integral multiple thereof.
Appears in 1 contract
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C hereto (or telephonic notice confirmed in a writing in the form of Exhibit C hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan (if comprising a Eurodollar Rate Loan) and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Revolving Credit Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to 5,000,000 or a Eurodollar Rate Loan shall be in a minimum aggregate amount whole multiple of $1,000,0001,000,000 in excess thereof.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Flextronics International LTD)
Requests for Revolving Credit Loans. The Borrower Borrowers shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower Borrowers and shall obligate the Borrower Borrowers to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to 200,000 or a Eurodollar Rate Loan shall be in a minimum aggregate amount multiple of $1,000,000100,000 in excess thereof.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Morgan Group Inc)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent telephonic notice (or, at the Borrower's election, written notice in the form of Exhibit C hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two 2:00 p.m. (2Boston time) Business Days prior to on the proposed Drawdown Date of any Base Rate Loan and (b) four two (42) Eurodollar LIBOR Business Days prior to the proposed Drawdown Date of any Eurodollar LIBOR Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to 100,000 or a Eurodollar Rate Loan shall be in a minimum aggregate amount whole multiple of $1,000,00050,000 in excess thereof, or if the availability of the Revolving Credit Loans is less than $100,000, such lesser amount.
Appears in 1 contract
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan (if comprising a Eurodollar Rate Loan) and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Revolving Credit Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to 1,000,000 or a Eurodollar Rate Loan shall be in a minimum aggregate amount whole multiple of $1,000,000500,000 in excess thereof.
Appears in 1 contract
Samples: Revolving Credit Agreement (Flextronics International LTD)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C hereto (or telephonic notice --------- confirmed in a writing in the form of Exhibit C hereto) of each Revolving Credit --------- Loan requested hereunder (a “"Loan Request”") no less than (ai) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (bii) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (iA) the principal amount of the Revolving Credit Loan requested, (iiB) the proposed Drawdown Date of such Revolving Credit Loan, (iiiC) the Interest Period for such Revolving Credit Loan and (ivD) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,0001,000,000 or an integral multiple thereof.
Appears in 1 contract
Samples: Revolving Credit (Mapics Inc)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent Agents written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less later than 2:00 p.m. (aNew York City time) two (2i) Business Days prior to on the proposed Drawdown Date of any Base Rate Loan and (bii) four three (43) Eurodollar LIBOR Business Days prior to the proposed Drawdown Date of any Eurodollar LIBOR Rate Loan. Each such notice shall specify (iA) the aggregate principal amount of the Revolving Credit Loan Loans requested, (iiB) the proposed Drawdown Date of such Revolving Credit LoanLoans, (iiiC) in the case of LIBOR Rate Loans, the Interest Period for such Revolving Credit Loan Loans, and (ivD) the Type of such Revolving Credit LoanLoans. Promptly upon receipt of any such notice, the Administrative Agent Agents shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan Loans requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,0001,000,000 or an integral multiple thereof. 2.7.
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Requests for Revolving Credit Loans. The Borrower shall give to the Administrative ----------------------------------- Agent written notice in the form of Exhibit C hereto (or telephonic notice ------- - confirmed in a writing in the form of Exhibit C hereto) of each Revolving Credit ------- - Loan requested hereunder (a “"Loan Request”") no less than (ai) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (bii) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (iA) the principal amount of the Revolving Credit Loan requested, (iiB) the proposed Drawdown Date of such Revolving Credit Loan, (iiiC) the Interest Period for such Revolving Credit Loan and (ivD) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,0001,000,000 or an integral multiple thereof.
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Samples: Revolving Credit and Term Loan Agreement (Mapics Inc)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C hereto (or telephonic notice confirmed in a writing in the form of Exhibit C hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two (2) Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount or an integral multiple of $1,000,000100,000 in excess thereof.
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Samples: Credit and Term Loan Agreement (Fargo Electronics Inc)
Requests for Revolving Credit Loans. The Borrower shall ----------------------------------- give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic --------- notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving --------- Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar LIBOR Business Days prior to the proposed Drawdown Date of any Eurodollar LIBOR Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to for a LIBOR Rate Loan shall be in a minimum aggregate amount of $5,000,000 or whole multiple of $1,000,000 in excess thereof and each Loan Request for a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,0001,000,000 or an integral multiple thereof.
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Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “Loan Request”) no less than (a) two no later than 10:00 a.m. on the proposed Drawdown Date of any Prime Rate Loan and (2b) three (3) Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four (4) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Eurocurrency Rate Loan; provided that any notice requesting an Optional Currency must comply with the requirements of this §2.6 and the requirements of an OC Notice pursuant to §2.9.1. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, stated in Dollars, or subject to §2.9, in an Optional Currency, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit any Eurocurrency Rate Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to or a Eurodollar Rate Loan shall be in a minimum aggregate amount whole multiple of $1,000,000100,000 in excess thereof.
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Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for Type of such Revolving Credit Loan and (iv) the Type of Interest Period for such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Revolving Credit Lenders thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Revolving Credit Lenders on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of (a) in the case of Base Rate Loans, $500,000 or in integral multiples of $100,000 in excess thereof and each Loan Request relating to a (b) in the case of Eurodollar Rate Loan shall be Loans, $1,000,000 or in a minimum aggregate amount integral multiples of $1,000,000100,000 in excess thereof; provided, that no more than twelve (12) Eurodollar Rate Loans having different Interest Periods may be outstanding at any time.
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Samples: Credit and Term Loan Agreement (Emmis Communications Corp)
Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit EXHIBIT C hereto (or telephonic notice confirmed in a writing in the form of Exhibit EXHIBIT C hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount 1,000,000 or an integral multiple of $1,000,000500,000 in excess thereof.
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Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit C B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (a) two one (21) Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four three (43) Eurodollar LIBOR Business Days prior to the proposed Drawdown Date of any Eurodollar LIBOR Rate Loan. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of $500,000 and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,000or an integral multiple thereof.
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Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C G hereto (or telephonic notice confirmed in a writing in the form of Exhibit C G hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less later than (a) two 11:00 a.m. (2Boston time) Business Days prior to on the proposed Drawdown Date of any Base Rate Loan and (b) four 12:00 noon (4Boston time) three (3) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Each such notice Loan Request shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such noticeLoan Request, the Administrative Agent shall notify each of the Lenders Banks thereof. Each such Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to for a Base Rate Loan shall be in a minimum aggregate amount of $500,000 or a larger integral multiple of $100,000, and each Loan Request relating to for a Eurodollar Rate Loan shall be in a minimum aggregate amount of $1,000,0001,000,000 or a larger integral multiple of $100,000.
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