Term Loan Request. Except as otherwise provided herein, the Borrower may request the Lenders to make the Term Loan or renew or convert the Interest Rate Option applicable to the Term Loan pursuant to Section 4.2 [Interest Periods], by delivering to the Agent, not later than 10:00 a.m., New York time, (i) three (3) Business Days prior to the proposed Borrowing Date with respect to the making of the portion of the Term Loan to which the LIBOR Rate Option applies or the date of conversion to or the renewal of the LIBOR Rate Option for any such portion of the Term Loan; and (ii) one (1) Business Day prior to either the proposed Borrowing Date with respect to the making of the portion of the Term Loan to which the Base Rate Option applies or the last day of the preceding Interest Period with respect to the conversion to the Base Rate Option for any such portion of the Term Loan, of a Loan Request therefor duly completed by an Authorized Officer substantially in the form of Exhibit 2.4 or a Loan Request by telephone immediately confirmed in writing by letter, facsimile or telex in the form of such Exhibit, it being understood that the Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation, provided such individual purports to be an Authorized Officer. Each Loan Request shall be irrevocable and shall specify (i) the proposed Borrowing Date; (ii) the aggregate amount of the proposed portion of the Term Loan comprising each Borrowing Tranche, the amount of which shall be in integral multiples of $1,000,000 and not less than $3,000,000 for each Borrowing Tranche to which the LIBOR Rate Option applies and not less than the lesser of $1,000,000 and in integral multiples of $100,000 or the maximum amount available for Borrowing Tranches to which the Base Rate Option applies; (iii) whether the LIBOR Rate Option or Base Rate Option shall apply to the portion of the Term Loan comprising the applicable Borrowing Tranche; and (iv) in the case of a Borrowing Tranche to which the LIBOR Rate Option applies, an appropriate Interest Period for the portion of the Term Loan comprising such Borrowing Tranche.
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. The Borrower shall request the applicable Term Lenders to make the applicable Term Loans by delivering to the Administrative Agent a duly completed Loan Request, not later than 11:00 a.m.,
(i) three (3) Business Days prior to the Funding Date with respect to LIBOR Rate Loans, and
(ii) one (1) Business Day prior to the Funding Date with respect to Base Rate Loans. Such Loan Request with respect to the Term Loans shall be subject to the occurrence of the Funding Date but otherwise shall be irrevocable and shall specify the aggregate amount of the proposed Term Loans and, if applicable, the Interest Period, which amounts shall be in (x) integral multiples of $1,000,000 and not less than $2,000,000 for each Borrowing under the LIBOR Rate Option, and (y) integral multiples of $1,000,000 and not less than $2,000,000 for each Borrowing under the Base Rate Option.
Term Loan Request. See §2.5(a).”
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, 1998 a written extension request signed by an Approved Officer of the Company in substantially the form attached hereto as Exhibit C (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, 1998. 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. 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 Borrower shall request the Term Loan A‑1 Lenders or the Term Loan A‑2 Lenders to make the applicable Term Loans by delivering to the Administrative Agent, not later than 11:00 a.m., (i) three Business Days prior to the expected Closing Date or Delayed Draw Date, as applicable, with respect to LIBOR Rate Loans; and (ii) one Business Day prior to the expected Closing Date or Delayed Draw Date, as applicable, with respect to Base Rate Loans, a duly completed Loan Request. The Loan Request with respect to Term Loans to be drawn on the expected Closing Date shall be subject to the occurrence of the Closing Date but otherwise shall be irrevocable and shall specify the aggregate amount of the proposed Term Loans comprising each Borrowing, and, if applicable, the Interest Period, which amounts shall be in integral multiples of $1,000,000 and not less than $1,000,000 for each Borrowing. (For the avoidance of doubt, the revocation of a Loan Request with respect to LIBOR Rate Loans because of the failure of the Closing Date to occur shall not relieve the Borrower of its obligations under Section 3.5, Section 11.3 or otherwise.)
Term Loan Request. Borrower shall give Administrative Agent notice of its intention to borrow the Term Loans (such notice to be in the form of Exhibit 3.1.1 hereto), in which notice Borrower shall specify the amount of the proposed borrowing of Term Loans and the proposed borrowing date (which shall be the Closing Date), no later than 11:00 a.m. (New York City time) one Business Day prior to the Closing Date. All borrowings made on the Closing Date and during the period ending five (5) Business Days thereafter must be made as Base Rate Portions.
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. 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.
