Requisite Time definition

Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action:
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action (all times are local time (standard or daylight) as observed in the Governing State):
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action (all times are local time (standard or daylight) as observed in the State of California):

Examples of Requisite Time in a sentence

  • All payments received by the Administrative Agent after such Requisite Time shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue.

  • Except as otherwise expressly provided herein, all payments by Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in Same Day Funds not later than the Requisite Time on the date specified herein.

  • In the case of a Borrowing each Lender shall make its Loan available to Administrative Agent in Same Day Funds at Administrative Agent’s Office not later than the Requisite Time therefor on the Business Day specified in such Request for Extension of Credit.


More Definitions of Requisite Time

Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action on or prior to the date set forth below (all times are New York Time): Borrowing of or Conversion into, Base Rate Loans 11:00 a.m. Relevant date Prepayment of Base Rate Loans 1:00 p.m. Relevant date Borrowing of, Continuation of, prepayment of or Conversion into Dollar LIBOR Loans of 1, 2, 3 or 6 months 1:00 p.m. 3 Business Days prior to relevant date Borrowing of, Continuation of, prepayment of or Conversion into, Dollar LIBOR Loans of 9 or 12 months 1:00 p.m. 3 Business Days prior to relevant date Initial Borrowing of Foreign Currency Loans by a Foreign Borrower 1:00 p.m. 5 Business Days prior to Credit Date Other Borrowings, Continuations or prepayment of Foreign Currency Loans 1:00 p.m. 3 Business Days prior to relevant date Voluntary Reduction of Commitments 1:00 p.m. 3 Business Days prior to relevant date Funds made available by Lenders to Administrative Agent 1:00 p.m. Relevant Date Funds made available by applicable Credit Party to Administrative Agent 2:00 p.m. Relevant Date Termination of Commitment, replacement 1:00 p.m. 3 Business Days prior to date of termination or replacement
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action: Borrowing or prepayment of a Loan 8:00 a.m. PT Same date as such Borrowing or prepayment Payments by Borrower to Lender 11:00 a.m. PT On date payment is due Voluntary reduction in or termination of Commitment 10:00 a.m. PT Three Business Days prior to such reduction or termination
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action: Prepayment 8:00 a.m. PT Same date as such prepayment Payments by Borrowers to Lender 11:00 a.m. PT On date payment is due
Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action (all times are California time) on or prior to the date (the “relevant date”) of such action: Action Time Date Borrowing or prepayment of Base Rate Loans 9:00 a.m. Relevant date Borrowing of, continuation of, prepayment of or conversion into Eurodollar Rate Loans 10:00 a.m. 3 Business Days prior to relevant date Voluntary Reduction of Commitments 10:00 a.m. 2 Business Days prior to relevant date Letter of Credit action 10:00 a.m. 5 Business Days prior to relevant date Funds made available by Lenders or Borrowers to Administrative Agent 11:00 a.m. Relevant date
Requisite Time means, with respect to any of the actions listed below, the time and date set forth below opposite such action (all times are local time (standard or daylight) as observed in the state where Administrative Agent's Office is located): Type of Action Time Date of Action ------------------------------------------------------------------------------------------- Delivery of Request for Extension of Credit for, or notice for: - Borrowing of, prepayment of, or 8:30 a.m. Same date as such Borrowing, Conversion into, Base Rate Loans prepayment or Conversion - Borrowing of, prepayment of, 10:00 a.m. 3 Business Days prior to such Continuation of, or Conversion into, Borrowing, prepayment Continuation Offshore Rate Loans or Conversion - Borrowing of, or prepayment of, 1:00 p.m. Same date as such Borrowing or Swing Line Loans prepayment - Letter of Credit Action 10:00 a.m. 2 Business Days prior to such action (or such lesser time which is acceptable to Letter of Credit Issuer) - Voluntary reduction in or 10:00 a.m. 2 Business Days prior to such termination of Commitments reduction or termination Payments by Lenders or Borrower to 11:00 a.m. On date payment is due Administrative Agent
Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action on or prior to the date (the "relevant date") set forth below (all times are California time) :
Requisite Time means, with respect to any of the actions listed below, the time set forth opposite such action (all times are California time) on or prior to the date (the “relevant date”) of such action: Borrowing or prepayment of Base Rate Loans 9:00 a.m. Relevant date Borrowing of, Continuation of, prepayment of, or Conversion into Eurocurrency Rate Loans denominated in Dollars 10:00 a.m. 3 Business Days prior to relevant date Borrowing of, Continuation of or prepayment of Eurocurrency Rate Loans denominated in Alternative Currencies 10:00 a.m. 4 Business Days prior to relevant date Borrowing of, Continuation of or prepayment of Eurocurrency Rate Loans denominated in Special Notice Currencies 10:00 a.m. 5 Business Days prior to relevant date Voluntary Reduction or Termination of Revolving Credit (USD) Commitments or Revolving Credit (MC) Commitments 10:00 a.m. 2 Business Days prior to relevant date Letter of Credit action 10:00 a.m. 5 Business Days prior to relevant date Funds (including scheduled or required repayments and payments of principal and interest) made available by Lenders or Borrower to Administrative Agent 11:00 a.m. Relevant date