Common use of BORROWER REQUESTS Clause in Contracts

BORROWER REQUESTS. Borrower may request subsequent Revolving Loan Advances at any time, but not more often than once each Business Day, by submitting a request therefor to Administrative Agent as provided in Section 7.10. Administrative Agent may treat every request for an Advance as a request for a Base Rate Advance if Borrower does not specify that such Advance is to be a Eurodollar Advance in Borrower's request for an Advance. Every request for a Revolving Loan Advance shall be irrevocable. A request for a Revolving Loan Advance received by Administrative Agent on a day that is not a Business Day or that is received by Administrative Agent after 11:00 a.m. (Local Time) on a Business Day shall be treated as having been received by Administrative Agent prior to 11:00 a.m. (Local Time) on the next Business Day.

Appears in 1 contract

Sources: Loan Agreement (Talx Corp)

BORROWER REQUESTS. From and after the Execution Date, Borrower may request subsequent Revolving Loan Advances at any from time to time, but not more often than once each Business Day, by submitting a request therefor to Administrative Agent as provided in Section 7.10. Administrative Agent may treat every request for an Advance as a request for a Base Rate Advance if Borrower does not specify that such Advance is to be a Eurodollar Advance in Borrower's request for an Advance. Every request for a Revolving Loan an Advance shall be irrevocable. A request for a Revolving Loan an Advance received by Administrative Agent on a day that is not a Business Day or that is received by Administrative Agent after 11:00 a.m. 12:00 noon (Local Time) on a Business Day shall be treated as having been received by Administrative Agent prior to 11:00 a.m. 12:00 noon (Local Time) on the next Business Day.

Appears in 1 contract

Sources: Loan Agreement (Talx Corp)

BORROWER REQUESTS. From and after the Effective Date, Borrower may request subsequent Revolving Loan Advances at any from time to time, but not more often than once each Business Day, by submitting a request therefor to Administrative Agent as provided in Section 7.10. Administrative Agent may treat every request for an Advance as a request for a Base Rate Advance if Borrower does not specify that such Advance is to be a Eurodollar Advance in Borrower's request for an Advance. Every request for a Revolving Loan an Advance shall be irrevocable. A request for a Revolving Loan an Advance received by Administrative Agent on a day that is not a Business Day or that is received by Administrative Agent after 11:00 a.m. 12:00 noon (Local Time) on a Business Day shall be treated as having been received by Administrative Agent prior to 11:00 a.m. 12:00 noon (Local Time) on the next Business Day.

Appears in 1 contract

Sources: Loan Agreement (Talx Corp)