Telephonic Notice definition
Examples of Telephonic Notice in a sentence
Promptly after receipt of a Notice of Borrowing (or Telephonic Notice in lieu thereof), the Administrative Agent shall notify each Lender of the proposed Borrowing in writing, or by telephone promptly confirmed in writing.
Telephonic Notice, if any, under 4C, to be made to ▇▇▇▇▇ ▇▇▇▇▇▇, at (▇▇▇) ▇▇▇-▇▇▇▇ (or to such other person at such other telephone number designated in writing by the holder to the Company) in person and not by voice mail.
In lieu of delivering a Notice of Borrowing, the Borrower may give the Administrative Agent Telephonic Notice by the required time of notice of any proposed Borrowing under this Section 2.2.4; provided, however, that such notice shall be promptly confirmed in writing by delivery of a Notice of Borrowing to the Administrative Agent on or prior to the Funding Date of the requested Revolving Loans.
A Notice of Borrowing for LIBOR Loans (or a 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.
Industry Appellate Committee (IAC) 41 (a) Number of IAC Members 41 (b) Co-Chairmen 41 (c) Telephonic Notice 41 (d) Quorum.
In lieu of delivering a Notice of Conversion/Continuation, the Borrower may give the Administrative Agent Telephonic Notice by the required time of any proposed conversion/continuation under this Section 2.8; provided, however, that such notice shall be promptly confirmed in writing by a Notice of Conversion/Continuation delivered to the Administrative Agent on or before the proposed conversion/continuation date.
Promptly after receipt of a Notice of Conversion/Continuation (or Telephonic Notice in lieu thereof), the Administrative Agent shall notify each Lender of the proposed conversion or continuation.
Except to the extent that funding of Swingline Loans is being administered through an automated cash management system mutually approved in writing by the Borrower and the Swingline Lender, the Borrower shall give to the Swingline Lender written notice (or Telephonic Notice to be confirmed promptly in writing) of a proposed Borrowing consisting of a Swingline Loan, specifying the amount of the requested Swingline Loan, not later than 11:00 a.m., Eastern time, on the Business Day of the proposed Borrowing.
Neither the Administrative Agent nor any Lender shall incur any liability to the Borrower in acting upon any Telephonic Notice given pursuant to this Section 2.2.4 that the Administrative Agent believes in good faith to have been properly given or for otherwise acting in good faith under this Section 2.2.4 and, upon the funding of Revolving Loans by the Lenders in accordance with this Agreement pursuant to any Telephonic Notice, the Borrower shall have effected a Borrowing of Revolving Loans hereunder.
Neither the Administrative Agent nor the Lender shall incur any liability to the Borrower in acting upon any Telephonic Notice referred to above that the Administrative Agent believes in good faith to have been properly given or for otherwise acting in good faith under this Section 2.8 and, upon conversion/continuation by the Administrative Agent in accordance with this Agreement pursuant to any Telephonic Notice, the Borrower shall have effected a conversion/continuation of Loans hereunder.