Examples of Borrowing Confirmation in a sentence
If the Borrower has placed an order with UBS to borrow a Loan under this Agreement and UBS has responded to such order by providing a Borrowing Proposal that corresponds with such order, then the Borrower shall be deemed to have consented to such Borrowing and to have timely delivered its Borrowing Confirmation in respect of such Borrowing Proposal.
The Borrower may elect in such Borrowing Confirmation that the Loans to be made should be made as Fixed Rate Loans and bear interest at the Fixed Rate specified in the related Borrowing Proposal.
This effective date parallels that adopted for the EITF's consensus on Issue 06-04.
If such Borrowing Confirmation is not timely delivered to UBS then such no Loans will be made pursuant to such Borrowing Proposal.
STEP 3Complete federal loan processesFederal Direct Loan(s)If you’re accepting a Federal Direct Loan, you must completea Master Promissory Note/Loan Agreement, Informed Borrowing Confirmation and Entrance Loan Counseling through theU.S. Department of Education.
In addition, Parent shall send Agent a Borrowing Confirmation in the form of Exhibit 2.4 hereto within one Business Day after the date of each pricing.
The Technical Advisor has delivered a certificate in form attached as Schedule 6.11 (Form of Technical Advisor’s Borrowing Confirmation Certificate) not later than five Business Days prior to the proposed Borrowing.