Examples of Additional Advance Notice in a sentence
If an Additional Advance Notice shall fail to specify the applicable Interest Period for any Eurodollar Loan requested, such Loan will be made as a Eurodollar Loan with a one month Interest Period.
Notwithstanding the foregoing, in the case of the Additional Advance Notice delivered in connection with the IPO Closing Date Advance, the time of day by which such notice shall be delivered shall be prior to 12:00 noon (California time).
Each Additional Advance Notice shall be submitted to and received by the Administrative Agent prior to 9:00 a.m. (New York time) (A) at least three (3) Business Days prior to the specified borrowing date, in the case of Eurodollar Loans; and (B) at least two (2) Business Days prior to the specified borrowing date, in the case of Base Rate Loans.
Upon receipt of an Additional Advance Notice conforming with the terms of this Section 14, the Administrative Agent shall promptly notify each Lender thereof and of the amount of such Lender's IPO Closing Date Commitment Percentage of the Loan described therein.
Each Additional Advance Notice submitted by Borrower hereunder shall constitute a representation and warranty by Borrower hereunder, as of the date of such notice and as of the date of the making of the corresponding Additional Advance, that the conditions in this Section 14 have been satisfied.
No more than one (1) Additional Advance Notice on account of any Deferred Funding Advance may be given in any calendar month.
Upon receipt of an Additional Advance Notice conforming with the terms of this Section 14, the Administrative Agent shall promptly notify each Lender thereof and of the amount of such Lender's IPO Closing Date Commitment Percentage or Deferred Funding Commitment Percentage (as applicable) of the Loan described therein.
The Common Shares are quoted for trading on the Principal Market and all of the Shares issuable pursuant to such Advance Notice or Additional Advance Notice will be listed or quoted for trading on the Principal Market.
Subject to the prior or contemporaneous satisfaction of each condition precedent specified in Section 7.3 hereof during the Second Additional Advance Availability Period, Lender shall disburse the Second Additional Advance no later than the close of business on the Business Day immediately succeeding the Business Day on which Lender has received the Second Additional Advance Notice of Borrowing.
An irrevocable letter of credit from a bank, as defined in the Bank Act, may be renewed at the discretion of the Customer.