Examples of Credit Extension Request in a sentence
Such Issuing Bank Agent shall forthwith advise its related Issuing Bank of its receipt of, and the contents of, each Letter of Credit Extension Request and the Agent shall promptly so advise each Bank.
Each such notice (a "Letter of Credit Extension Request") shall be in substantially the form of Exhibit C-2 hereto (or in such other form as may be mutually agreed as among the Borrower, the applicable Issuing Bank Agent and the Agent) and shall specify the Facility Letter of Credit which is being extended or renewed and the proposed new expiration date of such Facility Letter of Credit.
On the date the Revolving Credit Extension Request is given and on the Revolving Credit Termination Date (as determined without regard to such extension) there shall exist no Default or Event of Default.
Delivery of a Credit Extension Request and the acceptance by Micro or any other Borrower of the proceeds of any Credit Extension shall constitute a representation and warranty by each Obligor that, on the date of making such Credit Extension (both immediately before and after giving effect to the making of such Credit Extension and the application of the proceeds thereof), the statements made in Section 6.2.1 are true and correct.
In the case of any Credit Extension the Administrative Agent shall have received the relevant Credit Extension Request in a timely manner as herein provided for such Credit Extension.
No Credit Extension Request Form or other notice from the Borrower of any such Advance shall be required in connection with such deemed request, and the Lenders shall be obligated to make any such Advance regardless of whether the conditions in Section 3.2 are satisfied at the time of such deemed request or on the date of any such Advance.
Each such notification shall be made(i) by telephone or in-person followed by written confirmation from the Borrower within twenty-four (24) hours, (ii) by electronic mail, or (iii) by delivering to the Administrative Agent a Credit Extension Request Form in substantially the form of Exhibit B hereto.