Competitive Loan Requisite Time definition

Competitive Loan Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action on or prior to the date set forth below (all times are New York time):

Competitive Loan Requisite Time means, with respect to any of the actions listed below, the time and date set forth opposite such action: TYPE OF ACTION APPLICABLE TIME ABSOLUTE RATE BID OFFSHORE RATE BID -------------------------------------- ---------------- --------------------------- ----------------------------- Delivery of Competitive Bid Request 12:00 Noon 1 Business Day prior to 4 Business Days prior to Borrowing date Borrowing date Delivery of Competitive Bid 9:30 a.m. Borrowing date 3 Business Days prior to Borrowing date Administrative Agent notifying 10:00 a.m. Borrowing date 3 Business Days prior to Borrower of Competitive Bids Borrowing date received if SECTION 2.03(B) is applicable Borrower's acceptance of Competitive 10:30 a.m. Borrowing date 3 Business Days prior to Bids Borrowing date

Competitive Loan Requisite Time means, with respect to any of the actions listed below, the time and date set forth opposite such action (all times are local time (standard or daylight) as observed in the Governing State): ----------------------------------------------------------------------- TYPE OF ACTION TIME ----------------------------------------------------------------------- Delivery of Competitive Bid Request 9:00 a.m. 1 Business Day prior to Borrowing Date ----------------------------------------------------------------------- Delivery of Competitive Bid 7:30 a.m. on Borrowing Date ----------------------------------------------------------------------- Bid by Bank of America 7:15 a.m. on Borrowing Date ----------------------------------------------------------------------- Borrower's acceptance of 8:30 a.m. on Borrowing Date Competitive Bids -----------------------------------------------------------------------

Examples of Competitive Loan Requisite Time in a sentence

• Any Competitive Bid received after such Competitive Loan Requisite Time, that is in a form other than a duly completed Competitive Bid Request, or that is otherwise not responsive to the Competitive Bid Request shall be disregarded.

• A Lender may subsequently correct any Competitive Bid containing a manifest error if it does so by the Competitive Loan Requisite Time for delivering Competitive Bids.

• Waste materials will be monitored continuously as they are uncovered during the removal action.

• Each Lender may, in its sole and absolute discretion, bid or not bid on all or a portion of the Competitive Loans requested in such Competitive Bid Request by delivering by Requisite Notice an irrevocable, duly completed Competitive Bid to the Administrative Agent by the Competitive Loan Requisite Time for delivering Competitive Bids.

• Each Competitive Bid shall expire unless accepted by Borrower prior to the Competitive Loan Requisite Time for accepting Competitive Bids.

• Each Lender may, in its sole and absolute discretion, bid or not bid on all or a portion of the Competitive Loans requested in such Competitive Bid Request by delivering by Requisite Notice an irrevocable, Competitive Bid to Administrative Agent by the Competitive Loan Requisite Time for delivering Competitive Bids.

• The proposed amendment would amend Map 5 of the Downtown Area Plan in order to change the height designation of Assessor’s Block 811, Lots 10 and 12 from 96-X to 120-X (District 6).

• Any Competitive Bid received after such Competitive Loan Requisite Time, that is in a form other than a Competitive Bid, or that is otherwise not responsive to the Competitive Bid Request shall be disregarded.

• Pay or cause to be paid promptly when due all taxes, levies, assessments and governmental charges upon and relating to any of the Collateral or otherwise for which Debtor is or may be liable, except to the extent that the failure to pay any of such taxes, levies, assessments or charges is permitted by the Credit Agreement.

• A Lender may correct any Competitive Bid containing a manifest error if it does so by the Competitive Loan Requisite Time therefor.

More Definitions of Competitive Loan Requisite Time

Competitive Loan Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action (all times are California time):

Competitive Loan Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action on or prior to the date set forth below (all times are New York time): Competitive Bid Request 11:00 a.m. 1 Business Day prior to Credit Date 4 Business Days prior to Credit Date Competitive Bid by Lenders other than Administrative Agent 11:00 a.m. Credit Date 3 Business Days prior to Credit Date Competitive Bid by Administrative Agent as Lender under this Agreement 10:45 a.m. Credit Date 3 Business Days prior to Credit Date Company’s Acceptance 11:30 a.m. Credit Date 3 Business Days prior to Credit Date

Competitive Loan Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action (all times are California time): Date: Absolute Offshore Action Time Rate Rate ------ ---- --------- -------- Competitive Bid 9:00 a.m. 1 Business 4 Business Request Day prior to Days prior to Borrowing Borrowing Date Date Competitive Bid 7:30 a.m. Borrowing 3 Business Date Days prior to Borrowing Date (Bid by BofA) 7:15 a.m. Borrowing 3 Business Date Days prior to Borrowing Date Borrower's 8:30 a.m. Borrowing 3 Business Acceptance Date Days prior to Borrowing Date

Competitive Loan Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action (all times are California time): Date Action Time Absolute Rate Bid Offshore Rate Bid ------------------------------------ ----------- ----------------------- ------------------------- Delivery of Competitive Bid Request 9:00 a.m. 1 Business Day prior 4 Business Days prior to to Borrowing Date Borrowing Date Delivery of Competitive Bid 7:30 a.m. Borrowing Date 3 Business Days prior to Borrowing Date Bid by BofA 7:15 a.m. Borrowing Date 3 Business Days prior to Borrowing Date Borrower's acceptance of Competitive Bids 8:30 a.m. Borrowing Date 3 Business Days prior to Borrowing Date