Examples of Notice of Tranche A Borrowing in a sentence
On and subject to the terms set forth herein, Lender shall, on the Tranche A Funding Date, credit, in same day funds, an amount equal to the Tranche A Commitment to the account of Borrower (which Borrower shall have designated for such purpose in the Notice of Tranche A Borrowing) less the initial expenses referred to in Section 5.01.
Each Notice of Tranche A Borrowing shall be delivered to the Agent before 11:00 a.m. (i) in the case of LIBOR Loans, on the date three Business Days prior to the proposed date of such borrowing and (ii) in the case of Base Rate Loans, on the date one Business Day prior to the proposed date of such borrowing.
No later than 1:00 p.m. on the date specified in the Notice of Tranche A Borrowing, each Lender will make available for the account of its applicable Lending Office to the Agent at the Principal Office, in immediately available funds, the proceeds of the Tranche A Loan to be made by such Lender.
Any such telephonic notice shall include all information to be specified in a written Notice of Tranche A Borrowing and shall be promptly confirmed in writing by the Borrower pursuant to a Notice of Tranche A Borrowing sent to the Agent by telecopy on the same day of the giving of such telephonic notice.
Each Notice of Tranche A Borrowing or telephonic notice of each borrowing shall be irrevocable once given and binding on the Borrower or the Florida Borrower, as applicable.
The Agent will transmit by telecopy the Notice of Tranche A Borrowing (or the information contained in such Notice of Tranche A Borrowing) to each Lender promptly upon receipt by the Agent.
The Borrower shall give the Agent notice pursuant to a Notice of Tranche A Borrowing or telephonic notice of each borrowing of Tranche A Loans, identifying the respective Tranche A Borrower that will borrow such Tranche A Loans.
If the applicable Tranche A Borrower elects to withdraw its Notice of Tranche A Borrowing, such Tranche A Borrower shall be liable to the Banks for any damages suffered on account thereof of a nature, other than loss of anticipated profits, described in the second sentence of subsection (e) below.
For the purposes of determining compliance with this Section 2.01, the Dollar Equivalent of all non-Dollar denominated Tranche A Loans outstanding at any time shall be determined, in accordance with Section 2.02, by the Tranche A European Sub-Agent immediately prior to the issuance by the Company (on behalf of itself or a European Borrower) of a Notice of Tranche A Borrowing.
Each Notice of Tranche A Borrowing submitted hereunder shall constitute a representation and warranty by the applicable Borrower hereunder, as of the date of each such notice and as of each Tranche A Borrowing Date, that the conditions in subsection 4.2(a) are satisfied.