Extension of Credit Request definition

Extension of Credit Request a written request by the Borrower for an Extension of Credit, substantially in the form of Exhibit B-1, X-0 xx B-3 of the Project Loan Agreement.
Extension of Credit Request means a notice of (a) a Borrowing, (b) a conversion of Committed Loans from one Type of Loan to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.3, which, if in writing, shall be substantially in the form of Exhibit B.
Extension of Credit Request means any Extension of Credit Request substantially in the form of EXHIBIT B delivered pursuant to SECTION 3.1.

Examples of Extension of Credit Request in a sentence

  • The Administrative Agent shall have received, on or before the time required for its receipt pursuant to Section 3.2, an Extension of Credit Request with respect to such Bank L/C Loan or Bank Liquidity Loan, in substantially the form of Exhibit B-1.

  • The Construction VP Letter of Credit shall be irrevocable, shall be stated to expire on the Date Certain and shall be issued in an amount requested by the Borrower in the Extension of Credit Request given with respect thereto; provided that the stated amount of the VP Letter of Credit shall not exceed the Total VP Letter of Credit Commitment.

  • This is the second of three conversions of our investment administration to Citi.

  • Each telephonic notice by the Borrower pursuant to this Section 2.3(a) must be confirmed promptly by delivery to the Administrative Agent of a written Extension of Credit Request, appropriately completed and signed by a Responsible Officer of the Borrower.

  • Each Extension of Credit to the Borrower (other than an Extension of Credit Request requesting only a conversion of Committed Loans to the other Type of Loan, or a continuation of Eurodollar Rate Loans) shall be deemed to be a representation and warranty by the Borrower on the applicable Borrowing Date as to the matters specified in clauses (a) and (b) of this Section 11.1.

  • The Administrative Agent shall have received an Extension of Credit Request for such Loan or Letter of Credit.

  • The Administrative Agent shall have received an Extension of Credit Request with respect to the Construction VP Letter of Credit or the Term VP Letter of Credit, as the case may be, in substantially the form of Exhibit B-3.

  • The underlying facts occurred on July 19, 2004, at a roadway improvement project in Charles Town, West Virginia.

  • The Term VP Letter of Credit shall be irrevocable, shall be stated to expire on the seventh anniversary of the Closing Date and shall be issued in an amount requested by the Borrower in the Extension of Credit Request given with respect thereto; provided that the stated amount of the Term VP Letter of Credit shall not exceed the excess of (i) the Total VP Letter of Credit Commitment over (ii) the aggregate amount of the Construction VP Letter of Credit Disbursements, if any.

  • Subject to the terms and conditions of this Agreement, each Borrowing shall be made on the Business Day, and shall be comprised of the type of Loans, specified in the Extension of Credit Request therefor.


More Definitions of Extension of Credit Request

Extension of Credit Request means any Extension of Credit Request substantially in the form of Exhibit B delivered pursuant to Section 3.1.

Related to Extension of Credit Request

  • Extension of Credit means, as to any Lender, the making of a Loan by such Lender or the issuance of, or participation in, a Letter of Credit by such Lender.

  • Letter of Credit Request shall have the meaning provided in Section 2.03(a).

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Letter of Credit Advance means an advance made by any Issuing Bank or any Lender pursuant to Section 2.03(c).

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Request for Extension of Credit means a written request substantially in the form of Exhibit A duly completed and signed by a Responsible Officer, or a telephonic request followed by such a written request, in each case delivered to Administrative Agent by Requisite Notice. In the case of a request for a new or amended Letter of Credit, the written Letter of Credit Application shall be deemed to be the Request for Extension of Credit.

  • 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.

  • L/C Credit Extension means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof.

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Revolving Extensions of Credit as to any Revolving Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all Revolving Loans held by such Lender then outstanding, (b) such Lender’s Revolving Percentage of the L/C Obligations then outstanding and (c) such Lender’s Revolving Percentage of the aggregate principal amount of Swingline Loans then outstanding.

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

  • Borrowing means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect.

  • Letter of Credit Borrowing means any Credit Extension resulting from a drawing under any Letter of Credit that has not been reimbursed or refinanced as a Borrowing of Revolving Loans.

  • Letter of Credit Commitment means, with respect to any Issuing Bank at any time, the amount set forth opposite such Issuing Bank’s name on Schedule I hereto under the caption “Letter of Credit Commitment” or, if such Issuing Bank has entered into one or more Assignment and Acceptances, set forth for such Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Issuing Bank’s “Letter of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • 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.

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

  • 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.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

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

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

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

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).