Borrowing Notice definition

Borrowing Notice is defined in Section 2.8.

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

Borrowing Notice with respect to any request for borrowing of Loans hereunder, a notice from the Borrower, substantially in the form of, and containing the information prescribed by, Exhibit I, delivered to the Administrative Agent.

Examples of Borrowing Notice in a sentence

• The Funding Agent shall promptly provide each such Borrowing Notice to the Co-Agents.

• If a Conduit declines to make its Percentage of a proposed Advance, Borrower may cancel the Borrowing Notice as to all Lenders or, in the absence of such a cancellation, the Advance will be made by each Unaffiliated Committed Lender, each other Conduit and such Conduit’s Committed Lenders.

• Each Borrowing Notice shall be subject to Section 6.2 hereof and, except as set forth below, shall be irrevocable and shall specify the requested increase in Aggregate Principal (which shall not be less than $5,000,000 or a larger integral multiple of $100,000) and the Borrowing Date and the requested Interest Rate and Interest Period for any portion to be funded by any Committed Lender.

• Upon receipt of a Borrowing Notice, (a) each Unaffiliated Committed Lender severally agrees to fund a Loan in an amount equal to its Percentage of the requested Advance specified in such Borrowing Notice, and (b) each Co-Agent shall determine whether its Conduit will fund a Loan in an amount equal to its Conduit Group’s Percentage of the requested Advance specified in such Borrowing Notice.

• Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof.

More Definitions of Borrowing Notice

Borrowing Notice means a written notice substantially in the form of Exhibit B.

Borrowing Notice means a notice of (a) a Borrowing, (b) a conversion of Loans from one Type to the other, or (c) a continuation of Loans as the same Type, pursuant to Section 2.03(a), which, if in writing, shall be substantially in the form of Exhibit A-1 or A-2, as applicable.

Borrowing Notice means the notice delivered by an Authorized Representative in connection with an Advance under the Revolving Credit Facility, in the form of Exhibit D.

Borrowing Notice has the meaning specified in Section 3.02.

Borrowing Notice means a written or telephonic request, or a written confirmation, made by Borrower which meets the requirements of Section 2.2.

Borrowing Notice as defined in Section 2.4(a).

Borrowing Notice see Section 2.8.