Funding Notice definition

Funding Notice means a notice substantially in the form of Exhibit A-1.

Funding Notice means a notice substantially in the form of Exhibit A.

Funding Notice has the meaning set forth in Section 2.4(a).

Examples of Funding Notice in a sentence

• If on any day a Loan is outstanding with respect to which a Funding Notice or Conversion/Continuation Notice has not been delivered to the Agents in accordance with the terms hereof specifying the applicable basis for determining the rate of interest, then for that day such Loan shall be a Base Rate Loan.

• In the event the Borrower fails to specify an Interest Period for any SOFR Loan in the applicable Funding Notice or Conversion/Continuation Notice, the Borrower shall be deemed to have selected an Interest Period of one (1) month.

• Promptly upon receipt by the Administrative Agent of such Funding Notice, the Administrative Agent shall notify each Lender of the proposed borrowing.

• In the event the Borrower fails to specify between a Base Rate Loan or a SOFR Loan in the applicable Funding Notice or Conversion/Continuation Notice, such Loan (if outstanding as a SOFR Loan) will be automatically converted into a Base Rate Loan on the last day of then-current Interest Period for such Loan (or if outstanding as a Base Rate Loan will remain as, or (if not then outstanding) will be made as, a Base Rate Loan).

• The Administrative Agent shall have received a fully executed and delivered Funding Notice as required pursuant to Section 2.1(c), which Funding Notice may be delivered on or prior to the Restatement Date; provided that all certifications made under such Funding Notice shall be made (or deemed made) as of the Restatement Date.

More Definitions of Funding Notice

Funding Notice. A notice in the form of Exhibit A-1 requesting an Advance, including the items required by Section 2.2.

Funding Notice. Has the meaning specified in the NPA.

Funding Notice has the meaning set forth in Section 1(b) of the Note Purchase Agreement.

Funding Notice has the meaning given to such term in Section 2.02.

Funding Notice shall have the meaning specified in Section 2.2(b)(i).

Funding Notice is defined in Section 3.4(a).

Funding Notice defined in Section 2.02.