Notice of Competitive Borrowing definition

Notice of Competitive Borrowing has the meaning specified in Section 2.03(a).
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Notice of Competitive Borrowing has the meaning specified in SECTION 2.03(A).
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Notice of Competitive Borrowing see Section 1.03(c).
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Examples of Notice of Competitive Borrowing in a sentence

  • The Administrative Agent shall in turn promptly deliver (by cable or telecopy) to each Bank a notice of competitive bid request (a "Notice of Competitive Bid Request"), in substantially the form of Exhibit A-3, notifying the Banks of each request for a Competitive Borrowing received by it from the Borrower and of the terms contained in such Notice of Competitive Borrowing.

  • The Administrative Agent shall in turn promptly deliver (by cable or telecopy) to each Bank or Canadian Bank, as applicable, a notice of competitive bid request (a "Notice of Competitive Bid Request"), in substantially the form of Exhibit A-3, notifying the Banks or Canadian Banks, as applicable, of each request for a Competitive Borrowing received by it from the Company and of the terms contained in such Notice of Competitive Borrowing.

  • On the date of each Credit Event, Borrower shall have delivered to the Administrative Agent or the Swing Line Bank the appropriate Notice of Borrowing or Notice of Competitive Borrowing, as applicable, in accordance with the provisions hereof.

  • The Auction Administration Agent shall in turn promptly deliver (by cable or telecopy) to each Bank a notice of competitive bid request, in substantially the form of Exhibit A-3, notifying the Banks of each request for a Competitive Borrowing received by it from the Borrower and of the terms contained in such Notice of Competitive Borrowing.

  • If a Notice of Competitive Borrowing is received by the Administrative Agent and is not rejected as aforesaid, the Administrative Agent shall invite by telecopier (substantially in the form set forth in Exhibit 1.03(c)(i)B hereto) the Banks to bid (an "Invitation to Bid"), on the terms and conditions of this Agreement, to make Competitive Loans in response to such Notice of Competitive Borrowing.

  • The Borrower delivered a Notice of Competitive Borrowing requesting a Competitive Bid on , 19 pursuant to Section 2.03(a) of the Credit Agreement and in that connection you are invited to submit a Competitive Bid by [Date]/[Time]1.

Related to Notice of Competitive Borrowing

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

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

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

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

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

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

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

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

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

  • 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.

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

  • Borrowing Notice is defined in Section 2.8.

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

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

  • 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.

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

  • 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.

  • 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.

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

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

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

  • Competitive Bid Reduction has the meaning specified in Section 2.01.

  • Competitive Bid Rate means, with respect to any Competitive Bid, the Margin or the Fixed Rate, as applicable, offered by the Lender making such Competitive Bid.