Notice of Bid Borrowing definition

Notice of Bid Borrowing has the meaning specified in Section 2.5(b).
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Notice of Bid Borrowing has the meaning specified in Section 2.03(a).
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Notice of Bid Borrowing shall have the meaning provided in Section 1.04(a)(i).
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Examples of Notice of Bid Borrowing in a sentence

  • The Agent shall in turn promptly notify each Lender of each request for a Bid Borrowing by sending such Lender a copy of the related Notice of Bid Borrowing.

  • A Borrower requesting a Bid Borrowing shall deliver a Notice of Bid Borrowing to the Agent not later than 11:00 a.m. (New York City time) (A) at least one Business Day prior to the date of the proposed Bid Borrowing if the proposed Bid Borrowing is to be a Fixed Rate Borrowing, and (B) at least four Business Days prior to the date of the proposed Bid Borrowing, if the proposed Bid Borrowing is to be a Eurodollar Rate Bid Borrowing.

  • Every Notice of Bid Borrowing given by a Subsidiary Borrower must be countersigned by an authorized representative of TBC, in order to evidence the consent of TBC, in its sole discretion, to that proposed Bid Borrowing.

  • On the maturity date of each Bid Advance specified by the relevant Borrower for repayment of such Bid Advance in the related Notice of Bid Borrowing, the Borrower shall repay to the Agent for the account of the Lender which has made such Bid Advance the then unpaid principal amount of such Bid Advance.

  • If, by 10:00 a.m. (New York City time) on the date on which notice of a Lender’s election under this Section 2.5(c) is to be made, the Agent fails to receive, at its address specified in Section 8.2, a notice from a Lender provided for in this Section 2.5(c), the Agent may conclusively presume that such Lender has elected not to offer to make any Bid Advances to such Borrower with respect to the related Notice of Bid Borrowing.

  • If, by 10:00 a.m. (New York City time) on the date on which notice of a Lender’s election under this Section 2.6(c) is to be made, the Agent fails to receive, at its address specified in Section 8.2, a notice from a Lender provided for in this Section 2.6(c), the Agent may conclusively presume that such Lender has elected not to offer to make any Bid Advances to such Borrower with respect to the related Notice of Bid Borrowing.

  • On the maturity date of each Bid Advance specified by the relevant Borrower for repayment of such Bid Advance in the related Notice of Bid Borrowing, the applicable Borrower shall repay to the Agent for the account of the Lender which has made such Bid Advance the then unpaid principal amount of such Bid Advance.

  • The Administrative Agent shall in turn promptly notify each Bank of each request for a Bid Borrowing received by it from the Company by sending such Bank a copy of the related Notice of Bid Borrowing.

  • The Company may request Bid Borrowings for more than one maturity date in a single Notice of Bid Borrowing.

  • The Administrative Agent shall in turn promptly notify each Lender of each request for a Bid Borrowing received by it from the Borrower by sending such Lender a copy of the related Notice of Bid Borrowing.


More Definitions of Notice of Bid Borrowing

Notice of Bid Borrowing has the meaning specified in Section 2.03(a). 20 "NOTICE OF BORROWING" means a Notice of Committed Borrowing or a Notice of Bid Borrowing, as the case may be.
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Related to Notice of Bid Borrowing

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • Notice of Borrowing has the meaning specified in Section 2.02(a).

  • Competitive Bid Borrowing means a borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.03.

  • Notice of Committed Borrowing has the meaning set forth in Section 2.02.

  • Bid Borrowing means a borrowing consisting of simultaneous Bid Loans of the same Type from each of the Lenders whose offer to make one or more Bid Loans as part of such borrowing has been accepted under the auction bidding procedures described in Section 2.03.

  • Borrowing Notice is defined in Section 2.8.

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • Competitive Bid Request means a request by the Borrower for Competitive Bids in accordance with Section 2.04.

  • Competitive Borrowing means a Borrowing consisting of a Competitive Loan or concurrent Competitive Loans from the Lender or Lenders whose Competitive Bids for such Borrowing have been accepted under the bidding procedure described in Section 2.03.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit C.

  • Swingline Borrowing Request means a request by a Borrower substantially in the form of Exhibit C-2.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.

  • Competitive Bid Loan means a Competitive Bid LIBOR Loan or a Competitive Bid Absolute Rate Loan.

  • Request for Borrowing has the meaning provided in Section 2.3(a).

  • Competitive Bid Advance means an advance by a Lender to the Borrower as part of a Competitive Bid Borrowing resulting from the competitive bidding procedure described in Section 2.03 and refers to a Fixed Rate Advance or a LIBO Rate Advance.

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

  • Competitive Bid Quote Request means the notice, in substantially the form of Exhibit C hereto, to be delivered by the Company in accordance with Section 2.03 in requesting Competitive Bid Quotes.

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

  • Committed Borrowing means a borrowing consisting of simultaneous Committed Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01.

  • Borrowing Request means a request by the Borrower for a Borrowing in accordance with Section 2.03.

  • 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.