Time for Requests. The Borrower shall request each Advance so that it is received by Lender not later than the Cut-off Time on the Business Day on which the Advance is to be made. Each request that conforms to the terms of this Agreement shall be effective upon receipt by the Lender, shall be in writing or by telephone or telecopy transmission, and shall be confirmed in writing by the Borrower if so requested by the Lender, by (i) an Officer of the Borrower; or
Appears in 2 contracts
Samples: Credit and Security Agreement (Ronson Corp), Credit and Security Agreement (Seaway Valley Capital Corp)
Time for Requests. The Borrower shall request each Advance so that it is received by Lender not later than the Cut-off Time on the Business Day on which the Advance is to be made. Each request that conforms to the terms of this Agreement shall be effective upon receipt by the Lender, shall be in writing or by telephone or telecopy transmission, and shall be confirmed in writing by the Borrower if so requested by the Lender, by (i) an Officer of the Borrower; or
Appears in 1 contract
Samples: Credit and Security Agreement (Interpharm Holdings Inc)
Time for Requests. The Borrower shall request each Revolving Advance so that it is received by Lender not later than the Cut-off Time on the Business Day on which the Revolving Advance is to be made. Each request that conforms to the terms of this Agreement shall be effective upon receipt by the Lender, shall be in writing or by telephone or telecopy transmissiontelephone, and shall be confirmed in writing by the Borrower if so requested by the Lender, by (i) an Officer of the Borrower; or
Appears in 1 contract
Samples: Credit and Security Agreement (Tradestar Services, Inc.)
