Request for Advances definition

Request for Advances means a written or telephonic request, or a written confirmation, made by Borrower which meets the requirements of Section 2.2.
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Request for Advances means a notice (together with the applicable Requisition) from Borrower to Lender specifying the amount to be advanced by Lender under the Loan.
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Request for Advances. TBA may request an Advance under the Line not later than 12:00 noon Dallas, Texas time (i) on the business day such Advance is requested to be made if the maturity date of such requested Advance is for no more than 29 days, or (ii) at least two (2) business days prior or to the business day such Advance is requested to be made if the maturity date of such requested Advance is for more than 29 days. The amount, interest rate and maturity date of each Advance will be agreed upon by Bank and TBA on or before such Advance is made (failing which such Advance will not be made), and such agreement shall be promptly confirmed in writing by Bank to TBA, which confirmation shall be conclusive in the Absence of manifest error. Availability Period: Advances may be requested from the date of acceptance of this Line Letter by TBA to the date either Bank or TBA, in their sole discretion, terminates the Line. In no event may Advances be made on or after May 14, 2001. Promissory Note: Advances will be evidenced by a master revolving promissory note (the "Note") in the form of Exhibit A attached hereto. The terms of each Advance will be recorded by Bank on the grid attached to the Note, but the inaccuracy or the failure of Bank to make any such recordation shall not affect the obligations of TBA under the Note.
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Examples of Request for Advances in a sentence

  • A Funding Request for Advances shall be irrevocable when delivered, except that to the extent a Funding Request relates to Advances which are designated in the related Funding Request to be applied to fund one or more Pre-Positioned Loans, such Funding Request may be amended or revoked by the Borrower by notice to the Documentation Agent not later than 3:00 p.m. (New York City time) on the Business Day immediately preceding the Funding Date.

  • Each Request for Advances shall be irrevocable and binding on Borrower.

  • Remarks on Signing the Mortgage Forgiveness Debt Relief Act of 2007December 20, 2007Thank you all for coming.

  • Such Request for Advances shall be irrevocable and binding on the Borrower.

  • The Agent shall promptly notify the Lenders of such Request for Advances and the information contained therein.

  • As Kohl [18] put it, building quality archetypes which are accepted among domain experts requires appropriate governed development processes [18].

  • All the Advances requested in a single Request for Advances or Interest Rate Election shall be subject to the same interest rate terms.

  • Each such written request or confirmation must be made in the form and substance of the "Request for Advances" attached hereto as Exhibit B, duly completed.

  • The aggregate amount of all Advances requested of all Lenders in any Request for Advances must be greater than or equal to $3,000,000 or must equal the unadvanced portion of the Available Borrowing Base.

  • Any such notice or communication shall be deemed to have been given (a) in the case of personal delivery or delivery service, as of the date of delivery at the address provided herein, (b) in the case of telecopy, upon receipt, or (c) in the case of registered or certified United States mail, three days after deposit in the mail; provided, however, that no Request for Advances or Rate Election shall become effective until actually received by Administrative Agent.

Related to Request for Advances

  • Request for Advance means a Request for Revolving Credit Advance or a Request for Swing Line Advance, as the context may indicate or otherwise require.

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

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Notice of Conversion or Continuation shall have the meaning provided in Section 2.6(a).

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

  • 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.