Examples of Additional Advance Notice in a sentence
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.
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).
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.
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.
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.
The representations and warranties of the Company in this Agreement shall be true and correct in all material respects as of the Advance Notice Date or the Additional Advance Notice Date (other than representations and warranties which address matters only as of a certain date, which shall be true and correct as written as of such certain date).
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.
There shall be a sufficient number of authorized but unissued and otherwise unreserved Common Shares for the issuance of all of the Shares issuable pursuant to such Advance Notice or Additional Advance Notice.
The parties acknowledge that the Purchase Price is not known at the time the applicable Advance Notice or the Additional Advance Notice is delivered (at which time the Investor is irrevocably bound) but shall be determined on each Closing based on the daily prices of the Common Shares that are the inputs to the determination of the Purchase Price as set forth further below.