Term Loan Request Sample Clauses

Term Loan Request. Each Term Loan Request from the Borrower pursuant to this Section 2.09 shall set forth the requested amount and proposed terms of the relevant Term Loans. Any Lender who receives a Term Loan Request that has not communicated its desire to provide any such new Term Commitments in writing to the Administrative Agent and the Borrower within ten (10) Business Days following receipt of such Term Loan Request shall be deemed to have declined to participate in providing Term Commitments in respect of such Term Loan Request. It is understood that final allocations of the Term Commitments in respect of each Term Loan Request shall be made at the Borrower’s election in consultation with the Administrative Agent. Term Loans may be made only by one or more Lenders that are already Lenders hereunder at the time such Term Loan Request is made (but no existing Lender will have an obligation to make any Term Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Term Lender”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to the identity of the Lender or Additional Term Lender that is making such Term Loans or providing such Term Commitments to the extent such consent, if any, would be required under Section 12.04 for an assignment of Loans to such Lender or Additional Term Lender, (ii) any Additional Term Lender at the time such Term Loans are made or such Term Commitments are provided shall be a commercial bank that is then actively engaged in oil and gas reserve-based lending governed by a borrowing base, as a revolving lender, in the ordinary course of its business, and the applicable Term Loan Amendment shall contain a representation by such Additional Term Lender confirming the foregoing as set forth in this clause (ii), and (iii) no Additional Term Lender shall be the Borrower, an Affiliate of Borrower or a natural person.
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Term Loan Request. Until the Term Loan Draw Expiration Date, the Borrower may make one (1) request that the Lenders make Term Loans by delivering to the Administrative Agent, not later than 10:00 a.m., (i) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of Term Loans to which the LIBOR Rate Option applies, or (ii) on the Borrowing Date with respect to the making of Term Loans to which the Base Rate Option applies, a duly completed 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. The Loan Request shall be irrevocable and shall specify the aggregate amount of the proposed Term Loans and, if applicable, the Interest Period.
Term Loan Request. Each Term Loan Request from the Borrower pursuant to this Section 2.10 shall set forth the requested amount and proposed terms of the relevant Term Loans. Term Loans may be made by any existing Lender (but no existing Lender will have an obligation to make any Term Commitment, nor will the Borrower have any obligation to approach any existing Lenders to provide any Term Commitment) or by any other bank or other financial institution (any such other bank or other financial institution being called an “Additional Term Lender”); provided that (i) the Administrative Agent shall have consented (not to be unreasonably withheld or delayed) to the identity of the Lender or Additional Term Lender that is making such Term Loans or providing such Term Commitments (but not to the provision thereof or the terms thereof) to the extent such consent, if any, would be required under Section 12.02(b) for an assignment of Loans to such Lender or Additional Term Lender, (ii) any Additional Term Lender at the time such Term Loans are made or such Term Commitments are provided shall be a commercial bank that is engaged in oil and gas reserve-based lending governed by a borrowing base, as a revolving lender, in the ordinary course of its business and (iii) no Additional Term Lender shall be the Borrower, an Affiliate of the Borrower or a natural person.
Term Loan Request. The Company must request the Term Loan by delivering to Secured Party, in sufficient time such that it is received by Secured Party prior to June 30, 1994, a written extension request signed by the chief executive or chief financial officer of the Company in substantially the form attached hereto as Exhibit 6 (the "Term Loan Request"). The Term Loan shall be due in forty-eight (48) equal consecutive monthly installments of principal due on the first day of each month commencing on August 1, 1994. Each installment shall be rounded upwards to the next whole dollar except in the case of the final installment which shall be in an amount sufficient to pay in full the remaining unpaid principal amount of the Term Loan. Each principal installment shall be accompanied by a payment of interest accrued to the date of such installment.
Term Loan Request. See §2.11.
Term Loan Request. The Borrower shall request the Term Lenders to make the Term Loans by delivering to the Administrative Agent a duly completed Loan Request, not later than 11:00 a.m.,
Term Loan Request. The Borrower shall request the Term Lenders to make the Term Loans by delivering to the Administrative Agent, not later than 11:00 a.m., (i) three (3) Business Days prior to the expected Closing Date with respect to LIBOR Rate Loans; and (ii) one (1) Business Day prior to the expected Closing Date with respect to Base Rate Loans, a duly completed Loan Request. The Loan Request with respect to the Term Loan shall be subject to the occurrence of the Closing Date but otherwise shall be irrevocable, shall be in the amount of the Term Loan Commitment, and, if applicable, the applicable Interest Period.
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Term Loan Request. When Borrower desires to obtain a Term Loan B, Borrower shall notify Bank (which notice shall be irrevocable) by facsimile transmission to be received no later than 3:30 p.m. Eastern time on the day on which the Term Loan B is to be made. Such notice shall be substantially in the form of Exhibit C. The notice shall be signed by an Authorized Officer.
Term Loan Request. Except as otherwise provided herein and subject to the limitations of Section 2.5 [Making the Term Loan] hereof, the Borrower may on the Closing Date request the Lenders to make the Term Loan in an amount equal to the aggregate amount of all Commitments of the Lenders, by delivering to the Administrative Agent on the Closing Date, a request therefor substantially in the form of Exhibit 2.4 or a request by telephone immediately confirmed in writing by letter or facsimile in such form (the “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. The Loan Request shall be irrevocable and shall specify (i) the proposed Borrowing Date; and (ii) the aggregate dollar amount of the proposed advance comprising the borrowing, which shall not exceed the aggregate amount of all Commitments of the Lenders.
Term Loan Request. Except as otherwise provided herein, the Borrower may request at any time (but only one time) during the period from the Closing Date through that date which is thirty (30) days after the Closing Date that the Lenders make the Term Loans (in an aggregate amount up to but not exceeding the aggregate Term Loan Commitments) by delivering to the Agent, not later than 11:00 a.m., Pittsburgh time, at least one (1) Business Day prior to the Business Day during such period, on which the Borrower desires such Term Loans to be made, a duly completed Loan Request therefor. Any Loan Request shall be irrevocable and shall specify the Borrowing Date.
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