Borrowing Advice definition

Borrowing Advice. A written request made by the Borrower with respect to any Loan substantially in the form of Exhibit B specifying the information required in Section 2.4 hereof and executed by the Borrower from time to time.
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Examples of Borrowing Advice in a sentence

  • Upon receipt of such notice, the Borrower may revoke any Notice of Borrowing or Notice of Conversion/Continuation then submitted by it and, at its election, submit a Borrowing Advice or Notice of Conversion/Continuation selecting another Type of Loan.

  • The obligation of each Lender to make any Revolving Loan or Term Loan to be made by it (including its initial Revolving Loan), or to continue or convert any Loan under Section 2.5 is subject to the satisfaction of the following conditions precedent on the relevant Borrowing Date or Conversion/Continuation Date: The Agent shall have received a Borrowing Advice or a Notice of Conversion/Continuation, as applicable.

  • Each Borrowing Advice or Notice of Conversion/Continuation given by the Borrower shall be deemed to be a representation and warranty by the Borrower to each Lender, effective on and as of the date of such Notice and as of such Borrowing Date for a Revolving Loan or Term Loan covered thereby, that (i) the representations and warranties set forth in Section 5 hereof are true and correct as of such date, and (ii) no Default or Event of Default has occurred and is continuing.

  • Notice of each Borrowing Advice or Notice of Interest Period indicating the selection of an Interest Period and whether the interest calculation is to be based on the Eurodollar Rate, the CD Rate or the Reference Rate shall simultaneously be given to the Confirming Bank by the Borrower.

  • Each Borrowing Advice given by the Borrower shall be deemed to be a representation and warranty by the Borrower to the Bank, effective on and as of the date of the Advance or Term Loan covered thereby, that (i) the representations and warranties set forth in Article 5 hereof are true and correct as of such date, and (ii) no Event of Default, and no event which with the lapse of time or notice or both would become an Event of Default, has occurred and is continuing.

  • This Borrowing Advice is executed and delivered by The Xxxxxxx Xxxxxx Corporation (“Borrower”) to you pursuant to that certain Credit Agreement dated as of June 15, 2007 (the “Credit Agreement”), entered into by Borrower, Citicorp USA, Inc.

  • The Agent shall have received a Borrowing Advice or a Notice of Conversion/Continuation, as applicable.

  • This Borrowing Advice is executed on ______________ by the Borrower.

  • This Borrowing Advice is executed and delivered by The Xxxxxxx Xxxxxx Corporation (“Borrower”) to you pursuant to that certain Credit Agreement dated as of June 1, 2018 (the “Credit Agreement”), entered into by Borrower, Citibank, N.A. (“Citibank”) and certain other Lenders parties thereto, collectively with Citibank (the “Lenders”) and Citibank as Agent for the Lenders (herein “Agent”).

  • This Borrowing Advice is executed and delivered by The Cxxxxxx Sxxxxx Corporation ("Borrower") to you pursuant to that certain Credit Agreement dated as of June 7, 2013 (the "Credit Agreement"), entered into by Borrower, Citibank, N.A. ("Citibank") and certain other Lenders parties thereto, collectively with Citibank (the "Lenders") and Citibank as Agent for the Lenders (herein "Agent").

Related to Borrowing Advice

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Borrowing Agent means any of the following:

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Competitive Bid Borrowing means a borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.03.

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Alternate Base Rate Loans means Loans that bear interest at an interest rate based on the Alternate Base Rate.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.