Competitive Advance Loan Request definition

Competitive Advance Loan Request with respect to any Competitive Advance Loan in any Currency, a request from the Specified Borrower in respect of such Loan, containing the information in respect of such Competitive Advance Loan and delivered to the Person, in the manner and by the time specified for a Competitive Advance Loan Request in respect of such Currency in the Administrative Schedule.
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Competitive Advance Loan Request means a telephonic request by a Borrower (confirmed in writing countersigned by a Responsible Officer of API by not later than 4:00 P.M., New York time, on the date of such telephonic notice) to borrow Competitive Advance Loans, which shall specify, with respect to such requested Competitive Advance Loans, (a) the proposed Borrowing Date therefor, (b) the aggregate amount of Competitive Advance Loans which such Borrower desires to borrow on such Borrowing Date, (c) the Maturity Date, (d) whether such Competitive Advance Loans are to bear interest as Competitive Eurodollar Loans or Competitive Absolute Rate Loans, (e) if such Competitive Advance Loans are Competitive Eurodollar Loans, the Interest Period therefor, (f) any other terms to be applicable to such proposed Competitive Advance Loans, and (g) confirming that such request has been approved by API.
Sample 1Sample 2Sample 3
Competitive Advance Loan Request means a telephonic request by a Borrower (confirmed in writing countersigned by a Responsible Officer of API by not later than 4:00 P.M., New York time, on the date of such telephonic notice) to borrow Competitive Advance Loans, which shall specify, with respect to such requested Competitive Advance Loans, (a) the proposed Borrowing Date therefor, (b) the aggregate amount of Competitive Advance Loans which such Borrower desires to borrow on such Borrowing Date, (c) the Maturity Date, (d) whether such Competitive Advance Loans are to bear interest as Competitive Index Rate Loans or Competitive Absolute Rate Loans, (e) if such Competitive Advance Loans are Competitive Eurocurrency Loans, the Interest Period therefor (f) whether such Loans are to be Euromarket Funded or Locally Funded, (g) the Alternate Currency (if any) in which such Loan is to be denominated, (h) any other terms to be applicable to such proposed Competitive Advance Loans, and (i) confirming that such request has been approved by API.
Sample 1

Examples of Competitive Advance Loan Request in a sentence

  • The Administrative Agent shall notify each Bank promptly by facsimile transmission of the contents of each Competitive Advance Loan Request received by the Administrative Agent.

  • The Administrative Agent shall promptly notify each Bank, by a letter in substantially the form of Exhibit C-3, of each Competitive Advance Loan Request received by it from a Borrower and of the terms contained therein.

  • New York City time on date set forth in Competitive Advance Loan Request.

  • The Competitive Advance Loan Request shall indicate whether the solicitation of Competitive Advance Bids shall be conducted by the Administrative Agent in New York or in London.

  • The Competitive Advance Loan Request shall indicate whether the solicitation of Competitive Advance 17 Bids shall be conducted by the Administrative Agent in New York or in London.

  • The Applicable Administrative Agent shall notify each Bank promptly by facsimile transmission of the contents of each Competitive Advance Loan Request received by the Applicable Administrative Agent.

  • Any Specified Borrower may request Competitive Advance Loans by delivering a Competitive Advance Loan Request.

Related to Competitive Advance Loan Request

  • Swingline Loan Request has the meaning set forth in Section 2.06(b).

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Competitive Borrowing means a Borrowing consisting of a Competitive Loan or concurrent Competitive Loans from the Lender or Lenders whose Competitive Bids for such Borrowing have been accepted under the bidding procedure described in Section 2.03.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • 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.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • 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.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Bid Loan has the meaning specified in Section 2.03(a).

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Borrower.

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

  • Bid Rate Loan means a loan made by a Lender under Section 2.2.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(S) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

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

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Competitive Bid Loan means a Competitive Bid LIBOR Loan or a Competitive Bid Absolute Rate Loan.

  • Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.