Examples of Global Borrowing Base Designation Notice in a sentence
Seller and Issuer are parties to that certain Pooling Agreement, dated as of September 1, 2006 (as amended, supplemented or otherwise modified through the date hereof, the "Agreement").
If the Combined Commitments are in effect and/or any Combined Obligations are outstanding, then upon receipt of such Global Borrowing Base Designation Notice, the Parent shall designate the Allocated U.S. Borrowing Base and the Allocated Canadian Borrowing Base to the Global Administrative Agent in accordance with Section 2.7(d).
Upon receipt of such Global Borrowing Base Designation Notice, Borrower shall designate the Allocated U.S. Borrowing Base and the Allocated Canadian Borrowing Base to the Global Administrative Agent in accordance with Section 2.7(d).
SECOND: The foregoing amendment was duly adopted in accordance with the provisions of Sections 242 and 228 of the General Corporation Law of the State of Delaware.
The Parent shall be deemed to have agreed to the Global Borrowing Base as set forth in such Global Borrowing Base Designation Notice unless it informs the Global Administrative Agent in writing of its objection thereto prior to the date it designates the Allocated U.S. Borrowing Base and Allocated Canadian Borrowing Base pursuant to Section 2.7(d) following its receipt of such Global Borrowing Base Designation Notice.
If the Combined Revolving Commitments are in effect and/or any Combined Revolving Obligation is outstanding, then upon receipt of such Global Borrowing Base Designation Notice, the Borrower shall designate the Allocated U.S. Borrowing Base and the Allocated Canadian Borrowing Base to the Global Administrative Agent in accordance with Section 2.7(d).
With respect to the Buyer-Entrepreneur, where it concerns the beginning of cooperation or irregular orders or repeatedly occurring delays in the payment of invoices, and with respect to the Buyer-Consumer, the payment in cash or in advance is required.
Upon approval or deemed approval by the Super Majority Lenders or the Majority Lenders, as applicable, of the Global Borrowing Base, the Global Administrative Agent upon notice thereof shall, by written notice to the Borrower, and the Combined Lenders, designate the new Global Borrowing Base available to the Borrower, the Canadian Revolving Borrowers and the Canadian Term Borrower (each such notice in this Section 2.7(b) below, herein a "Global Borrowing Base Designation Notice").
Upon approval or deemed approval by the Super Majority Lenders or the Majority Lenders, as applicable, of the Global Borrowing Base, the Global Administrative Agent upon notice thereof shall, by written notice to the Parent, and the Lenders, designate the new Global Borrowing Base available to the Borrower (each such notice in this Section 2.7(b) below, herein a "Global Borrowing Base Designation Notice").
If the Combined Commitments are in effect and/or any Combined Obligations are outstanding, then upon receipt of such Global Borrowing Base Designation Notice, the Borrower shall designate the Allocated U.S. Borrowing Base and the Allocated Canadian Borrowing Base to the Global Administrative Agent in accordance with Section 2.8(d).