Examples of Notice of Revolver Borrowing in a sentence
Subject to Section 2.01(a), whenever the Borrower desires to borrow Revolving Loans under this Section 2.01, it shall deliver to the Agent at its Notice Office a Notice of Revolver Borrowing no later than 12:00 Noon (New York time) one Business Day in advance of the proposed Funding Date (in the case of a requested Base Rate Loan) and three Business Days in advance of the proposed Funding Date (in the case of a requested Eurodollar Rate Loan).
The Administrative Agent shall promptly give each RL Lender, notice of such proposed borrowing, of such RL Lender’s proportionate share thereof and of the other matters required by the immediately preceding sentence to be specified in the Notice of Revolver Borrowing.
Promptly after receipt of a Notice of Revolver Borrowing or a Notice of Term Borrowing (or telephonic notice thereof) pursuant to Section 2.01(b) or 2.03(b), but no later than 4:00 p.m. (New York time) on the date of such receipt, the Agent shall notify each Bank of the proposed borrowing.
In lieu of delivering the above-described Notice of Revolver Borrowing, the Borrower may give the Agent telephonic notice by the required time of any proposed borrowing of Revolving Loans under this Section 2.01; provided that such notice shall be promptly confirmed in writing by delivery of a Notice of Revolver Borrowing to the Agent on or prior to the Funding Date of the requested Revolving Loans.
Prior to the making of such Revolving Loans, the Administrative Agent shall have received a Notice of Revolver Borrowing meeting the requirements of Section 2.02(d).
The applicable basis for determining the rate of interest for Revolving Loans and Term Loans shall be selected by the Borrower initially at the time a Notice of Revolver Borrowing or Notice of Term Borrowing is given with respect thereto pursuant to Section 2.01(b) or Section 2.03(b), as the case may be.
The Company shall immediately confirm each Notice of Revolver Borrowing in a writing to the Bank in the form appended hereto as Exhibit A.
Promptly after receipt of a Notice of Revolver Borrowing (or telephonic notice thereof) pursuant to Section 2.01(b), but no later than 4:00 p.m. (New York time) on the date of such receipt, the Agent shall notify each Bank of the proposed borrowing.
Except as provided in Section 2.09(d), a Notice of Revolver Borrowing for a Eurodollar Rate Loan (or telephonic notice in lieu thereof) shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower shall be bound to make a borrowing in accordance therewith.
The submission by the Company to the Bank of each Notice of Revolver Borrowing shall be deemed to be a representation and warranty by the Company as of the date of each such notice as to the matters set forth in this Subsection 2.02(c).