Examples of Notice of Committed Borrowing in a sentence
Each Notice of Committed Borrowing shall be irrevocable and binding.
Upon receipt of a Notice of Committed Borrowing, the Agent shall promptly give notice to each Lender thereof.
Every Notice of Committed 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 Committed Borrowing.
If no Interest Period with respect to any Eurodollar Loan is specified in any such Notice of Committed Borrowing, then the Company shall be deemed to have selected an Interest Period of one month’s duration.
Upon receipt of such notice, the Company may revoke any Notice of Committed Borrowing or Notice of Conversion/Continuation then submitted by it.