Examples of Revolving Loan Notice of Borrowing in a sentence
In the event that written confirmation of a telephonic Revolving Loan Notice of Borrowing differs in any respect from the action taken by the Lender, the records of the Lender shall control absent manifest error.
At least three (3) Business Days before the end of each Interest Period, the Borrower shall give the Agent (who shall promptly notify the Banks) a Revolving Loan Notice of Borrowing with respect to the relevant Revolving Loan accruing interest based on the Eurodollar Rate specifying the new Interest Period or, in the event that the relevant Revolving Loan is to accrue interest at the Prime Rate, specifying the same.
The initial available Interest Period applicable to each Revolving Loan and each Construction Loan Advance, or any portion or portions thereof, which the applicable Obligor elects to bear interest with respect to the LIBOR Rate by its applicable Revolving Loan Notice of Borrowing or Construction Loan Notice of Borrowing given to Lender pursuant to Section 2.3(a) and Section 2.4(a) hereof, respectively shall be an Interest Period of one (1) month.
The Borrower shall elect the initial available Interest Period applicable to each Loan, or any portion or portions thereof, which it elects to bear interest with respect to the LIBOR Rate by its applicable Revolving Loan Notice of Borrowing or Line of Credit Notice of Borrowing given to the Lender pursuant to Sections 2.3(a) and 2.4(a) hereof.
In the event that written confirmation of a telephonic Revolving Loan Notice of Borrowing differs in any respect from the action taken by Lender, the records of Lender shall control absent manifest error.
MoŁiou vesisŁauce schemaŁic, Draw-bar pull (DBP) is the measured net tractive force the test vehicle can generate on a given surface condition.
The written form of the Revolving Loan Notice of Borrowing shall be accompanied by a Compliance Certificate (the "CERTIFICATE") in the form of Exhibit E --------- hereto.
If no election as to the Type of Revolving Loan is specified in any such Revolving Loan Notice of Borrowing, then Zygo shall be deemed to have requested such Revolving Loan to be a Prime Rate Loan.
DATE: _____________, This Revolving Loan Notice of Borrowing is being submitted pursuant to the terms of the Second Amended and Restated Secured Credit Agreement dated as of August 24, 2000 ("Credit Agreement"), as the same may be thereafter amended from time to time, among First Banks, Inc.
The Revolving Loans made on and after the Closing Date shall bear a variable rate of interest, as further described below, to be selected by the Companies in the Revolving Loan Notice of Borrowing effective upon receipt by CITBC, and given no later than 1:00 p.m. (New York time) on a) in the case of Chase Rate Loans, the date such borrowings are to be made and b) in the case of Libor Loans, the third (3rd) Business Day prior to the date such borrowings are to be made.