Requirements for Every Advance Request Sample Clauses

Requirements for Every Advance Request. Only a Loan Request Certificate (which shall be in writing in the form attached hereto as Exhibit 7.10 and mailed, personally delivered or telecopied as provided in Section 21.1) from a Borrowing Officer to Administrative Agent that specifies the amount of the Advance to be made, the Advance Date for the requested Advance, the portion of the Advance which is requested to be a Eurodollar Advance and the portion of the Advance which is requested to be a Base Rate Advance, and the Interest Period to be applicable to the Eurodollar Loan that will result from a requested Eurodollar Advance, shall be treated as a request for an Advance. No Advance Date for any requested Advance may be other than a Business Day. A request for a Eurodollar Advance must be given prior to 11:00 a.m., Local Time, at least three (3) Business Days prior to the Advance Date for such Eurodollar Advance. A request for a Base Rate Advance must be given prior to 11:00 a.m., Local Time, on the Advance Date for such Base Rate Advance.
AutoNDA by SimpleDocs
Requirements for Every Advance Request. Subject to the terms of Section 10 and the other provisions of this Agreement, with regards to Swingline Loans and Revolving Loan Advances, only a request (which shall be in writing in the form of Exhibit 7.13 and mailed, personally delivered or delivered by facsimile as provided in Section 21.1) from an Authorized Employee to Administrative Agents, which Administrative Agents are entitled to rely on and assume for all purposes it is genuine and accurate in all respects) that specifies the amount of the Advance to be made, and the Advance Date for the requested Advance shall be treated as a request for an Advance. In addition, for purposes of this Section 7.13, Administrative Agents will accept an electronic transmission from an Authorized Employee if any such electronic transmission contains the text contained in Exhibit 7.13. Any such electronic transmission from an Authorized Employee shall be deemed to be signed and fully executed by an Authorized Employee and be treated as if it were personally delivered or delivered by facsimile to Administrative Agents. Administrative Agents shall have no liability for accepting any such electronic transmission, and Administrative Agents shall be entitled to rely upon and assume any such electronic transmission was duly and properly sent by such Authorized Employee. No Advance Date for any requested Advance may be other than a Business Day. With regards to Swingline Loans, a request for an Advance must be given prior to 9:30 a.m., Local Time, on the Advance Date for such Advance. With regards to a Revolving Loan, a request for an Advance must be given prior to 9:30 a.m., Local Time, on the Advance Date for such Advance. Subject to the terms of Section 10 and the other provisions of this Agreement, Floorplan Loan Advances and Interim Floorplan Loan Advances will be funded in accordance with CPC’s procedures.
Requirements for Every Advance Request. Subject to the terms of Section 10 and the other provisions of this Agreement, with regards to Swingline Loans, and Revolving Loan Advances, only a request (which shall be in writing in the form attached hereto as Exhibit 7.10 and mailed, personally delivered or telecopied as provided in Section 20.1) from a Borrowing Officer of Borrowing Agent to Administrative Agent that specifies the amount of the Advance to be made, the Advance Date for the requested Advance shall be treated as a request for an Advance. No Advance Date for any requested Advance may be other than a Business Day. With regards to Swingline Loans and Revolving Loan Advances, a request for an Advance must be given prior to 11:00 a.m., Local Time, on the Advance Date for such Advance. Subject to the terms of Section 10 and the other provisions of this Agreement, Floorplan Loan Advances and Interim Floorplan Loan Advances will be funded in accordance with Administrative Agent's procedures.
Requirements for Every Advance Request. Only a request (which shall be in writing, or oral and confirmed in writing within one Business Day, in the form attached hereto as Exhibit 7.10 and mailed, personally delivered or telecopied as provided in Section 19.1) from a Borrowing Officer to Administrative Agent that specifies the amount of the Advance to be made, the Advance Date for the requested Advance, the portion of the Advance which is requested to be a LIBOR Advance and the portion of the Advance which is requested to be a Base Rate Advance, and the Interest Period to be applicable to the LIBOR Loan that will result from a requested LIBOR Advance, shall be treated as a request for an Advance. No Advance Date for any requested Advance may be other than a Business Day. A request for a LIBOR Advance must be given prior to 12:00 noon, Local Time, at least three (3) Business Days prior to the Advance Date for such LIBOR Advance. A request for a Base Rate Advance must be given prior to 12:00 noon, Local Time, on the Advance Date for such Base Rate Advance.
Requirements for Every Advance Request. Only a written request (which shall be in the form attached hereto as Exhibit 7.13 and mailed, personally delivered or telecopied as provided in Section 20.1) or a telephonic request (promptly confirmed in writing in the form attached hereto as Exhibit 7.13 in the manner provided in Section 20.1) from a Borrowing Representative to Administrative Agent that specifies the amount of the Advance to be made, the Advance Date for the requested Advance, the portion of the Advance which is requested to be a Eurodollar Advance and the portion of the Advance which is requested to be a Base Rate Advance, and the Interest Period to be applicable to the Eurodollar Loan that will result from a requested Eurodollar Advance, shall be treated as a request for an Advance. No Advance Date for any requested Advance may be other than a Business Day. A request for a Eurodollar Advance must be given prior to 11:00 a.m. (Local Time) at least two Business Days prior to the Advance Date for such Eurodollar Advance. A request for a Base Rate Advance must be given prior to 11:00 a.m. (Local Time) on the Advance Date for such Base Rate Advance; provided, however, that with respect to any Advance to be made on the Effective Date, the request for such Advance shall be delivered to Administrative Agent prior to 11:00 a.m. (Local Time) on the Effective Date and such Advance must be a Base Rate Advance only.
Requirements for Every Advance Request. Only a request (which shall be in writing, or oral and confirmed in writing within one Business Day, in the form attached hereto as Exhibit
Requirements for Every Advance Request. In the case of a request for a Swingline Advance, only a request as required or permitted in Section 7.3 shall be treated as a request for a Swingline Advance. In the case of a request for a Revolving Advance, only a written request (which shall be in the form attached hereto as Exhibit 7.13 and mailed, personally delivered or telecopied as provided in Section 20.1) or a telephonic request (promptly confirmed in writing in the form attached hereto as Exhibit 7.13 in the manner provided in Section 20.1) from a Borrowing Representative to Administrative Agent that specifies the amount of the Revolving Advance to be made, the applicable currency for such Advance (if no currency is specified, such Advance shall be in Dollars), the Advance Date for the requested Revolving Advance, the portion of the Revolving Advance which is requested to be a Eurodollar Advance and the portion of the Revolving Advance which is requested to be a Base Rate Advance, and the Interest Period to be applicable to the Eurodollar Loan that will result from a requested Eurodollar Advance, shall be treated as a request for a Revolving Advance. No Advance Date for any requested Revolving Advance may be other than a Business Day. A request for a Eurodollar Advance denominated in Dollars must be given prior to 11:00 a.m. (Local Time) at least two Business Days prior to the Advance Date for such Eurodollar Advance. A request for a Eurodollar Advance denominated in Alternative Currency must be given prior to 11:00 a.m. (Local Time) at least five (5) Business Days prior to the Advance Date for such Eurodollar Advance. A request for a Base Rate Advance must be given prior to 11:00 a.m. (Local Time) on the Advance Date for such Base Rate Advance; provided, however, that with respect to any Advance to be made on the Effective Date, the request for such Advance shall be delivered to Administrative Agent prior to 11:00 a.m. (Local Time) on the Effective Date and such Advance must be a Base Rate Advance only.
AutoNDA by SimpleDocs
Requirements for Every Advance Request. Only a written request or oral request (which shall be promptly confirmed in writing) from a Borrowing Officer to Administrative Agent that specifies the amount and the Applicable Currency of the requested Advance, the Advance Date for the requested Advance, the portion of the Advance which is requested to be a Eurodollar Advance and the portion of the Advance which is requested to be a Base Rate Advance, and the Interest Period to be applicable to the Eurodollar Loan that will result from a requested Eurodollar Advance, will be treated by Administrative Agent as a request for an Advance.
Requirements for Every Advance Request. Only a request (which shall be in writing in the form attached hereto as Exhibit 8.10, and mailed, personally delivered or telecopied as provided in Section 22.1) from a Borrowing Officer to Administrative Agent that specifies the amount of the requested Advance, the Advance Date for the requested Advance, the portion of the Advance which is requested to be a Eurodollar Advance and the portion of the Advance which is requested to be an Alternate Base Rate Advance, and the Interest Period to be applicable to the Eurodollar Loan that will result from a requested Eurodollar Advance, will be treated by Administrative Agent as a request for an Advance.
Requirements for Every Advance Request. Subject to the terms of Section 0 and the other provisions of this Agreement, with regards to Swingline Loans, and Revolving Loan Advances, only a request (which shall be in writing in the form of Exhibit 0 and mailed, personally delivered or telecopied as provided in Section 0) from a Borrowing Officer to Administrative Agent that specifies the amount of the Advance to be made, the Advance Date for the requested Advance shall be treated as a request for an Advance. No Advance Date for any requested Advance may be other than a Business Day. With regards to Swingline Loans, a request for an Advance must be given prior to 11:00 a.m., Local Time, on the Advance Date for such Advance. With regards to a Revolving Loan, a request for an Advance must be given prior to 10:00 a.m., Local Time, on the Advance Date for such Advance, or if the Settlement Date occurs more often than once a week, then prior to 11:00 a.m. Local Time on the Advance Date for such Advance. Subject to the terms of Section 0 and the other provisions of this Agreement, Floorplan Loan Advances and Interim Floorplan Loan Advances will be funded in accordance with Administrative Agent's procedures.
Time is Money Join Law Insider Premium to draft better contracts faster.