Swing Loan Requests. Except as otherwise provided herein, the Borrowing Agent, on behalf of the US Revolving Borrowers, may from time to time prior to the Maturity Date request the Swing Loan Lender to make Swing Loans by delivery to the Swing Loan Lender not later than 2:00 p.m. on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 hereto or a request by telephone immediately confirmed in writing by letter, facsimile, facsimile, or e-mail (in “pdf”, “tif” or similar format) (each, a “Swing Loan Request”), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than One Hundred Thousand and 00/100 Dollars ($100,000.00).
Appears in 5 contracts
Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.)
Swing Loan Requests. Except as otherwise provided herein, the Borrowing Agent, on behalf of the US Revolving Borrowers, Borrower may from time to time prior to the Maturity Expiration Date request the Swing Loan Lender to make Swing Loans by delivery to the Swing Loan Lender not later than 2:00 p.m. 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone immediately confirmed in writing by letter, facsimile, facsimile, facsimile or e-mail (in “pdf”, “tif” or similar format) (each, a “"Swing Loan Request”"), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than in integral multiples of One Hundred Thousand and 00/100 Dollars ($100,000.00) and not less than Five Hundred Thousand and 00/100 Dollars ($500,000.00).. 2.6
Appears in 1 contract
Samples: Credit Agreement (Black Box Corp)
Swing Loan Requests. Except as otherwise provided herein, the Borrowing Agent, on behalf of the US Revolving Borrowers, Borrowers may from time to time prior to the Maturity Expiration Date request the PNC, as a Swing Loan Lender, to make Swing Loans in Dollars, or request PNC or any other Swing Loan Lender to make Swing Loans in Optional Currencies, by delivery delivering to such Swing Loan Lender, with a copy to the Swing Loan Lender Administrative Agent, not later than 2:00 p.m. 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.3.2 hereto or a request by telephone immediately confirmed in writing by letter, facsimile, facsimile, facsimile or e-mail (in “pdf”, “tif” or similar format) telex (each, a “Swing Loan Request”), it being understood that the Administrative Agent and Swing Loan Lenders may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than One Hundred Thousand and 00/100 Dollars ($100,000.00)100,000.
Appears in 1 contract
Samples: Credit Agreement (Invacare Corp)
Swing Loan Requests. Except as otherwise provided herein, the Borrowing Agent, on behalf of the US Revolving Borrowers, Borrowers may from time to time prior to the Maturity Expiration Date request the PNC, as a Swing Loan Lender, to make Swing Loans in Dollars, or request PNC or any other Swing Loan Lender to make Swing Loans in Optional Currencies, by delivery delivering to such Swing Loan Lender, with a copy to the Swing Loan Lender Administrative Agent, not later than 2:00 p.m. 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.3.2 hereto or a request by telephone immediately confirmed in writing by letter, facsimile, facsimile, facsimile or e-mail (in “pdf”, “tif” or similar format) telex (each, a “"Swing Loan Request”"), it being understood that the Administrative Agent and Swing Loan Lenders may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than One Hundred Thousand and 00/100 Dollars ($100,000.00)100,000.
Appears in 1 contract
Samples: Credit Agreement (Invacare Corp)
Swing Loan Requests. Except as otherwise provided herein, the Borrowing Agent, on behalf of the US Revolving Borrowers, Borrower may from time to time prior to the Maturity Expiration Date request the Swing Loan Lender to make Swing Loans by delivery to the Swing Loan Lender not later than 2:00 p.m. 12:00 noon on the proposed Borrowing Date of a duly completed request therefor substantially in the form of Exhibit 2.4.2 2.5.2 hereto or a request by telephone immediately confirmed in writing by letter, facsimile, facsimile, facsimile or e-mail (in “pdf”, “tif” or similar format) (each, a “"Swing Loan Request”"), it being understood that the Administrative Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Swing Loan Request shall be irrevocable and shall specify the proposed Borrowing Date and the principal amount of such Swing Loan, which shall be not less than in integral multiples of One Hundred Thousand and 00/100 Dollars ($100,000.00) and not less than Five Hundred Thousand and 00/100 Dollars ($500,000.00).
Appears in 1 contract
Samples: Credit Agreement (Black Box Corp)