Special Notice Requirements Clause Samples

Special Notice Requirements. Whenever Borrower desires to utilize the Commitment hereunder, a Responsible Officer of Borrower shall give written notice or telephonic notice promptly confirmed in writing (a "Borrowing Notice") to FNBB at 435 Tasso Street, Suite 2▇▇, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇: ▇▇▇▇▇▇▇▇ ▇▇▇llano or Sara▇▇▇▇▇ ▇▇▇▇▇▇▇▇ (phon▇: (▇▇▇) ▇▇▇-▇▇▇▇, fax: (415) ▇▇▇-▇▇▇▇), ▇nd whic▇ ▇▇▇▇▇▇ ▇▇▇▇▇ comply with the following requirements: (i) For Base Rate Loans, a Borrowing Notice specifying that a Base Rate Loan is requested, the amount thereof and the proposed Funding Date, must be received by FNBB no later than 9:00 a.m., California time, on the Funding Date for such Loan. (ii) For LIBOR Loans, a Borrowing Notice must be received by FNBB no later than 10:00 a.m., California time, three (3) Business Days preceding the Funding Date for such Loan, specifying that a LIBOR Loan is requested, the amount and Interest Period thereof and the proposed Funding Date. (iii) For all Loans, the Borrowing Notice may be accompanied by, at Borrower's election, an updated Borrowing Base Certificate. For purposes of this Section 2.1(f), notice received by FNBB from Borrower after 9:00 a.m. in the case of Base Rate Loans or 10 a.m. in the case of LIBOR Loans, California time, on any day shall be deemed to be received on the next succeeding Business Day. Provided that the applicable conditions precedent set forth in Section 2.8 have been satisfied, not later than 3:00 p.m. California time on such Funding Date, FNBB shall advance to the place indicated in the Borrowing Notice, the amount of the Loan request.