Borrowing Confirmation definition

Borrowing Confirmation means a notice from the Borrower to UBS in substantially the form of Exhibit B-2 hereto, duly completed and executed.
Borrowing Confirmation means a Borrowing Application which is confirmed with the Member by Member Services in writing or by telephone or by such further or other means as the Responsible Entity determines;
Borrowing Confirmation has the meaning set forth in Section 2.4 hereof.

Examples of Borrowing Confirmation in a sentence

  • 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.

  • 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.

  • If, after receiving a Borrowing Proposal, the Borrower wishes to enter into a Credit Agreement and borrow the Loans in the amounts and having the terms set forth in such Borrowing Proposal, then the Borrower must deliver to UBS a Borrowing Confirmation by no later than the Borrowing Confirmation Deadline.

  • 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.

  • If such Borrowing Confirmation is not timely –3– delivered to UBS then such no Loans will be made pursuant to such Borrowing Proposal.

  • If such Borrowing Confirmation is not timely delivered to UBS then such no Loans will be made pursuant to such Borrowing Proposal.


More Definitions of Borrowing Confirmation

Borrowing Confirmation means, with respect to any Collateral Shortfall or Mandatory Prepayment Event, a written confirmation by a Fund Entity substantially in the form of Exhibit I, stating that such Fund Entity has submitted a borrowing request under a Subscription Facility in an amount at least equal to the applicable Cure Amount (in the case of a Collateral Shortfall) or the Total Accrued Loan Amount (in the case of a Mandatory Prepayment Event) and attaching such executed borrowing request thereto.

Related to Borrowing Confirmation