Common use of To request a Swingline Loan Clause in Contracts

To request a Swingline Loan. the Borrower shall notify the Administrative Agent of such request by telephone (confirmed by telecopy), not later than 4:00 p.m., New York City time, on the day of a proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day), and amount of the requested Swingline Loan. The Administrative Agent will promptly advise the Swingline Lender of any such notice received from the Borrower. The Swingline Lender shall make each Swingline Loan available to the Borrower by means of a wire transfer sent to an account specified by the Borrower by 5:00 p.m., New York City time, on the requested date of such Swingline Loan.

Appears in 3 contracts

Samples: Credit and Guarantee Agreement (H&r Block Inc), Credit Agreement (H&r Block Inc), 364 Day Credit and Guarantee Agreement (H&r Block Inc)

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To request a Swingline Loan. the Borrower shall notify the Administrative Agent of such request by telephone (confirmed by hand delivery or telecopy), not later than 4:00 p.m.12:00 noon, New York City time, on the day of a the proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day), ) and amount of the requested Swingline Loan. The Administrative Agent will promptly advise the Swingline Lender of any such notice received from the Borrower. The Swingline Lender shall make each Swingline Loan available to the Borrower by means of a wire transfer sent pursuant to an account specified by instructions previously agreed upon between the Swingline Lender and the Borrower by 5:00 2:00 p.m., New York City time, on the requested date of such Swingline Loan.

Appears in 1 contract

Samples: Credit Agreement (Healthsouth Corp)

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To request a Swingline Loan. the Borrower shall notify the Administrative Agent of such request by telephone (confirmed by telecopy), not later than 4:00 2:00 p.m., New York City time, on the day of a proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day), ) and amount of the requested Swingline Loan. The Administrative Agent will promptly advise the Swingline Lender of any such notice received from the Borrower. The Swingline Lender shall make each Swingline Loan available to the Borrower by means of a wire transfer sent credit to an the general deposit account specified by of the Borrower with the Swingline Lender by 5:00 3:00 p.m., New York City time, on the requested date of such Swingline Loan.

Appears in 1 contract

Samples: Credit Agreement (Aol Time Warner Inc)

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