Canadian Swing Line Borrowing Notice is defined in Section 2.5.1(b).
Canadian Swing Line Borrowing Notice not later than noon (Central Time) one Business Day before the Borrowing Date of each Canadian Swing Line Loan denominated in Dollars and four Business Days before the Borrowing Date for each Canadian Swing Line Loan denominated in Canadian Dollars, specifying (a) the applicable Borrowing Date (which date shall be a Business Day), (b) the aggregate amount of the requested Canadian Swing Line Loan which shall be an amount not less than $100,000, (c) whether such Canadian Swing Line Loan shall be denominated in Dollars or Canadian Dollars, (d) whether such Canadian Swing Line Loan shall bear interest at the Eurocurrency Rate or at the rate offered by the Canadian Swing Line Lender, upon request by the applicable Borrower, for Canadian Swing Line Loans, (e) in the case of a Canadian Swing Line Loan bearing interest at the Eurocurrency Rate, the Interest Period applicable thereto, if applicable, and (f) the applicable Canadian Borrower.
Canadian Swing Line Borrowing Notice not later than noon (Central Time) on the Borrowing Date of each Canadian Swing Line Loan denominated in Dollars and four Business Days before the Borrowing Date for each Canadian Swing Line Loan denominated in Canadian Dollars, specifying (a) the applicable Borrowing Date (which date shall be a Business Day), (b) the aggregate amount of the requested Canadian Swing Line Loan which shall be an amount not less than $100,000, (c) whether such Canadian Swing Line Loan shall be denominated in Dollars or Canadian Dollars, (d) the Interest Period applicable thereto, and (e) the applicable Canadian Borrower. The Canadian Swing Line Loans shall bear interest at the Eurocurrency Rate.
Examples of Canadian Swing Line Borrowing Notice in a sentence
Promptly after receipt by the Canadian Swing Line Lender of any telephonic Canadian Swing Line Borrowing Notice, the Canadian Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Canadian Swing Line Borrowing Notice and, if not, the Canadian Swing Line Lender will notify the Administrative Agent (by telephone or in writing) of the contents thereof.
Each such telephonic notice must be confirmed promptly by delivery to the Canadian Swing Line Lender and the Administrative Agent of a written Canadian Swing Line Borrowing Notice, appropriately completed and signed by a Responsible Officer of the applicable Canadian Borrower.
More Definitions of Canadian Swing Line Borrowing Notice
Canadian Swing Line Borrowing Notice means a notice of a Canadian Swing Line Borrowing pursuant to Section 3.05(b), which, if in writing, shall be substantially in the form of Exhibit C(C).