Common use of Borrowing Procedure Clause in Contracts

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 a.m., Chicago time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days’ notice in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunder. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago time) on such Business Day, each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 4 contracts

Sources: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)

Borrowing Procedure. By In the case of Loans (other than Swing Line Loans), by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago time, 10:00 a.m. on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing such Business Day in the case of Base Rate Loans and or on not less than three nor Business Days’ notice and not more than five Business Days’ notice notice, in the case of LIBO Rate Loans denominated in Dollars, that a Borrowing be made, in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,0001,000,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, Day specified in such Borrowing Request. On In the case of other than Swing Line Loans, on or before 1:00 p.m. (Chicago time) 12:00 noon on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 4 contracts

Sources: Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.), Credit Agreement (Hanesbrands Inc.)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 a.m., Chicago time12:00 noon (EST), on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days’ notice in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunder. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Revolving Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 2:00 p.m. (Chicago timeEST ) on such Business Day, each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s obligation to make any Revolving Loan shall be affected by any other Lender’s failure to make any Revolving Loan.

Appears in 3 contracts

Sources: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)

Borrowing Procedure. By delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m.a.m. (New York City, Chicago New York time, ) on a Business Day, the any Borrower may from time to time irrevocably request, , (a) on notice on the date of the requested Borrowing such Business Day (but in any event not more than five Business Days' notice) in the case of Base Rate Loans and ABR Loans, or (b) on not less than three nor (but in any event not more than five five) Business Days' notice in the case of LIBO Rate Eurodollar Loans, , (c) that a Borrowing be made made, in the case of ABR Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 1,000,000 and an integral multiple of $100,000, to in the extent such additional case of Eurodollar Loans, in a minimum amount is permitted to be borrowed hereunderof $5,000,000 and an integral multiple of $100,000 or, in either case, in the unused amount of the Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, Day specified in such Borrowing Request. On or before 1:00 p.m. (Chicago New York City, New York time) on such Business Day, each Lender shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the such Borrower by wire transfer to the accounts the such Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 3 contracts

Sources: Credit Agreement (Dollar Thrifty Automotive Group Inc), Credit Agreement (Dollar Thrifty Automotive Group Inc), Amendment Agreement (Dollar Thrifty Automotive Group Inc)

Borrowing Procedure. By The Borrower may from time to time irrevocably request that a Borrowing be made in (a) for Base Rate Loans, a minimum amount of $300,000 and integral multiple of $100,000, (b) for LIBO Rate Loans a minimum amount of $5,000,000 and an integral multiple of $1,000,000, or (c) in the case of Revolving Loans, in the unused amount of the Revolving Period Commitment Amount. Such request shall be made by delivering a Borrowing Request to the Agent on or before 11:00 a.m., Chicago a.m. U.S. Central time, on a Business Day, the Borrower may from time to time irrevocably request, on notice (x) on the date Business Day of the requested such Borrowing in the case of a Base Rate Loans Borrowing and (y) on a Business Day not less than three nor more than five Business Days’ notice Days in the case advance of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunderBorrowing. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 12:00 Noon (Chicago U.S. Central time) on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 3 contracts

Sources: Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Vintage Petroleum Inc)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 a.m.12:00 Noon, Chicago New York City time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date day of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days’ notice in the case of LIBO Rate LoansBorrowing, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to 100,000 or in the extent unused amount of the Commitments. The Agent shall promptly advise each Lender of such additional amount is permitted to be borrowed hereunderBorrowing Request. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago 2:00 p.m., New York City time) on such Business Day, each Lender shall deposit with the Agent same same-day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 2 contracts

Sources: Senior Secured Seasonal Line of Credit (Thorn Apple Valley Inc), Senior Secured Seasonal Line of Credit Agreement (Thorn Apple Valley Inc)

Borrowing Procedure. By In the case of Loans (other than Swing Line Loans), by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago time, 10:00 a.m. on a Business Day, the Borrower Borrowers may from time to time irrevocably request, on not less than one Business Day’s notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days’ notice in the case of LIBO Rate Loans, and in either case not more than five Business Days’ notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 1,000,000 and an integral multiple of $100,000500,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to of $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment; provided that, all of the Loans made on the Closing Date shall be borrowed hereundermade as Base Rate Loans. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of other than Swing Line Loans, on or before 1:00 p.m. (Chicago time) 11:00 a.m. on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower Borrowers by wire transfer to the accounts the Borrower Borrowers shall have specified in its Borrowing Request. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 2 contracts

Sources: Credit Agreement (Sabre Industries, Inc.), Credit Agreement (Sabre Industries, Inc.)

Borrowing Procedure. By In the case of Loans other than Swing Line Loans, by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago 12:00 noon (New York time, ) on a Business Day, a Borrower (or the Administrative Borrower on behalf of such Borrower) may from time to time irrevocably request, on notice on the date of same day as the requested proposed Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,0001,000,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $5,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of LIBO Rate Loans, on or before 1:00 11:00 a.m. (New York time), and in the case of Base Rate Loans other than Swing Line Loans, on or before 3:00 p.m. (Chicago New York time) ), on such specified Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the applicable Borrower by wire transfer to the accounts the such Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 2 contracts

Sources: Credit Agreement (Winn Dixie Stores Inc), Credit Agreement (Winn Dixie Stores Inc)

Borrowing Procedure. By In the case of Loans other than Swing Line Loans, by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago time, 12:00 noon on a Business Day, the each Borrower may from time to time irrevocably request, on not less than one Business Day's notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 2,000,000 and an integral multiple of $100,0001,000,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to of $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment; provided, however, that all of the initial Loans shall be borrowed hereundermade as Base Rate Loans. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of Loans other than Swing Line Loans, on or before 1:00 p.m. (Chicago time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the applicable Borrower by wire transfer to the accounts the such Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 2 contracts

Sources: Credit Agreement (World Almanac Education Group Inc), Credit Agreement (WRC Media Inc)

Borrowing Procedure. By delivering a Borrowing Request to the Administrative Agent on or before 11:00 10:00 a.m., Chicago New York time, on a Business Day, the Borrower may from time to time irrevocably request, on not less than one Business Day's notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is 2,000,000 and in integral multiple of $500,000, in the case of Base Rate Loans, in a LIBO Rate Loan or (ii) the lesser of the unused minimum amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 1,000,000 and an integral multiple of $100,000100,000 or, to in either case, in the extent such additional unused amount is permitted to be borrowed hereunderof the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 11:00 a.m. (Chicago New York time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 2 contracts

Sources: Credit Agreement (Stillwater Mining Co /De/), Credit Agreement (Stillwater Mining Co /De/)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 a.m.12:00, Chicago noon, New York time, on a Business DayDay prior to April 11, 1996, the Borrower may from time to time irrevocably request, on notice on the date of the requested request that a Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days’ notice in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,000, 1,000,000. By delivering a Borrowing Request to the extent such additional Agent on or before 10:30 a.m., New York time, on a Business Day prior to April 9, 1996, the Borrower may irrevocably request, on not less than three Business Days' notice, that a Borrowing of LIBO Rate Loans be made in a minimum amount is permitted to be borrowed hereunderof $5,000,000 and an integral multiple of $1,000,000. On the terms and subject to the conditions of this Agreement, each the Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago p.m., New York time) , in the case of Base Rate Loans, or 11:30 a.m., New York time, in the case of LIBO Rate Loans, on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 2 contracts

Sources: Quarterly Report, Credit Agreement (Price/Costco Inc)

Borrowing Procedure. By In the case of Loans other than Swing Line Loans, by delivering a Borrowing Request to the Agent on or before 11:00 a.m., Chicago 12:00 noon (New York time, ) on a Business Day, a Borrower (or the Administrative Borrower on behalf of such Borrower) may from time to time irrevocably request, on notice on the date of same day as the requested proposed Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five (3) Business Days’ notice in the case of LIBO Rate Loans, and in either case not more than five (5) Business Days’ notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,0001,000,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $5,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of LIBO Rate Loans, on or before 1:00 11:00 a.m. (New York time), and in the case of Base Rate Loans other than Swing Line Loans, on or before 3:00 p.m. (Chicago New York time) ), on such specified Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the applicable Borrower by wire transfer to the accounts the such Borrower shall have specified in its Borrowing Request. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 2 contracts

Sources: Credit Agreement (Winn Dixie Stores Inc), Credit Agreement (Winn Dixie Stores Inc)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 10:00 a.m., Chicago time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days' notice in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunder. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago time) on such Business Day, each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 2 contracts

Sources: Credit Agreement (Novamed Eyecare Inc), Credit Agreement (Novamed Eyecare Inc)

Borrowing Procedure. By In the case of other than Swing Line Loans, by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m.2:00 p.m., Chicago New York City time, on a Business Day, the Borrower may from time to time irrevocably request, on not less than one Business Day's notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,000500,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $5,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment, or, in the case of Refunded Swing Line Loans, the amount thereof. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of other than Swing Line Loans, on or before 1:00 p.m. 12:00 noon (Chicago New York City time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 2 contracts

Sources: Credit Agreement (KSL Recreation Group Inc), Credit Agreement (KSL Recreation Group Inc)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 10:00 a.m., Chicago New York City time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing not less than one (in the case of Base Rate Loans Loans) and on not less than three nor more than five Business Days’ notice (in the case of LIBO Rate Loans) nor more than ten (in the case of all Loans) Business Days' notice, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 1,000,000 and an integral multiple of $100,0001,000,000, to or in the extent such additional unused amount is permitted to be borrowed hereunderof the Commitments. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 11:00 a.m. (Chicago New York City time) on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing RequestRequest (and, if such an account is maintained at a bank located in the United States, the Agent will make such funds available by no later than 2:00 p.m. (New York City time) on the day so received). No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Kirkwood Acquisition Corp)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 10:00 a.m., Chicago New York City time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing not less than one (in the case of Base Rate Loans Loans) and on not less than three nor more than five Business Days’ notice (in the case of LIBO Rate Loans) nor more than ten (in the case of all Loans) Business Days' notice, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,0001,000,000, to or in the extent such additional unused amount is permitted to be borrowed hereunderof the Commitments. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type Type and Class of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 11:00 a.m. (Chicago New York City time) on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing RequestRequest (and, if such an account is maintained at a bank located in the United States, the Agent will make such funds available by no later than 2:00 p.m. (New York city time) on the day so received). No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Moore Corporation LTD)

Borrowing Procedure. By delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago 10:00 a.m. (New York City time, ) on a Business Day, the Borrower may from time to time irrevocably request, on not less than one Business Day's notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 1,000,000 and an integral multiple of $100,000500,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 11:00 a.m. (Chicago New York City time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Hecla Mining Co/De/)

Borrowing Procedure. By delivering a Borrowing Request to the ------------------- Agent on or before 11:00 10:00 a.m., Chicago time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days' notice in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunder. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago time) on such Business Day, each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Borrowing Procedure. By delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago time, 12:00 noon on a Business Day, the Borrower may from time to time irrevocably request, on not less than one Business Day's notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 1,000,000 and an integral multiple of $100,000500,000 in the unused amount of the applicable Commitment; provided, to however, that all of the extent such additional amount is permitted to initial Loans made on the Closing Date shall be borrowed hereundermade as Base Rate Loans. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago time) on such Business DayDay of the requested Borrowing, each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (CTC Communications Group Inc)

Borrowing Procedure. By delivering a Borrowing Request to the ------------------- Agent on or before 11:00 10:00 a.m., Chicago time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and (i) on not less than three nor more than five Business Days’ notice in the case of LIBO Rate Loans' notice, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) on not less than the lesser of the unused amount of the Revolving Commitments same day or $100,000more than five Business Days' notice, if such Loan is a Base Rate Loan Loan, in a minimum amount of $500,000 and an integral multiple of $100,000500,000, to or in the extent such additional unused amount is permitted to be borrowed hereunderof the applicable Commitment, if less. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, Day specified in such Borrowing Request. On or before 1:00 p.m. 11:00 a.m. (Chicago time) on such specified Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Markwest Hydrocarbon Inc)

Borrowing Procedure. By The Borrower may from time to time ------------------- irrevocably request that a Borrowing be made in (a) for Base Rate Loans, a minimum amount of $300,000 and integral multiple of $100,000, (b) for LIBO Rate Loans a minimum amount of $5,000,000 and an integral multiple of $1,000,000, or (c) in the case of Revolving Loans, in the unused amount of the Revolving Period Commitment Amount. Such request shall be made by delivering a Borrowing Request to the Agent on or before 11:00 a.m., Chicago a.m. U.S. Central time, on a Business Day, the Borrower may from time to time irrevocably request, on notice (x) on the date Business Day of the requested such Borrowing in the case of a Base Rate Loans Borrowing and (y) on a Business Day not less than three nor more than five Business Days’ notice Days in the case advance of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunderBorrowing. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 12:00 Noon (Chicago U.S. Central time) on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Vintage Petroleum Inc)

Borrowing Procedure. By delivering a Borrowing Request to ------------------- the Agent on or before 11:00 10:00 a.m., Chicago time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days' notice in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunder. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago time) on such Business Day, each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Borrowing Procedure. By In the case of Loans other than Swing Line Loans, by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago before12:00 noon (New York time, ) on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of same day as the requested proposed Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,0001,000,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $5,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of LIBO Rate Loans, on or before 1:00 11:00 a.m.(New York time), and in the case of Base Rate Loans other than Swing Line Loans, on or before 3:00 p.m. (Chicago New York time) ), on such specified Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan."

Appears in 1 contract

Sources: Credit Agreement (Winn Dixie Stores Inc)

Borrowing Procedure. By In the case of Loans other than Swing Line Loans, by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago a.m. (New York time, ) on a Business Day, the Borrower may from time to time irrevocably request, on not less than one Business Day's notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,0001,000,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $5,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of Loans other than Swing Line Loans, on or before 1:00 p.m. 11:00 a.m. (Chicago New York time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Winn Dixie Stores Inc)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 10:00 a.m., Chicago time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days’ notice in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunder. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago time) on such Business Day, each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Novamed Inc)

Borrowing Procedure. By delivering a Borrowing Request In the case of Loans other than Swing Line Loans, by telephonic notice to the Administrative Agent on or before 11:00 a.m., Chicago time, 12:00 noon on a Business Day (followed (within one Business Day) by the delivery of a confirming Borrowing Request, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing same Business Day in the case of Base Rate Loans and or on not less than three nor more than five Business Days’ notice in the case of LIBO Rate Loans, and in either case not more than five Business Days’ notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 2,000,000 and an integral multiple of $100,0001,000,000, to or in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of Loans other than Swing Line Loans, on or before 1:00 3:00 p.m. (Chicago time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Reddy Ice Holdings Inc)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 a.m.12:00 noon, Chicago New York, New York time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing (i) in the case of Base a Borrowing of LIBO Rate Loans and Loans, on not less than three nor more than five Business Days' notice and (ii) in the case of LIBO a Borrowing of Base Rate Loans, on the date for such Borrowing, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,0001,000,000, to or in the extent such additional unused amount is permitted to be borrowed hereunderof the Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 2:00 p.m. (Chicago New York, New York time) on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Northern Border Partners Lp)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 a.m., Chicago San Francisco time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days' notice in the case of LIBO Eurodollar Rate Loans, and on not less than one nor more than five Business Days' notice in the case of Base Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is 3,000,000 in the case of Eurodollar Rate Loans, and in a LIBO Rate Loan or (ii) the lesser of the unused minimum amount of $1,000,000 in the Revolving Commitments or $100,000, if such Loan is a case of Base Rate Loan Loans, and in both instances in an integral multiple of $100,000, to or in the extent such additional unused amount is permitted to be borrowed hereunderof the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. Each Borrowing Request must be signed by an Authorized Officer of the Borrower. On or before 1:00 p.m. (Chicago 12:00 noon, San Francisco time) , on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its the applicable Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan. Swing Loans shall not be subject to this SECTION 2.3.

Appears in 1 contract

Sources: Refunding Credit Agreement (Cornerstone Propane Partners Lp)

Borrowing Procedure. By delivering a Borrowing furnishing an Extension of Credit Request to the Administrative Agent on or before 11:00 a.m., Chicago New York time, on not less than three (or on the same day in the case of a Base Rate Loan) nor more than five Business DayDays’ notice before the date of any Borrowing requested in such Extension of Credit Request, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate request that Loans and on not less than three nor more than five Business Days’ notice in the case of LIBO Rate Loans, that constituting a Borrowing be made by all Lenders in the aggregate in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan 5,000,000 or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an any larger integral multiple of $100,000, 1,000,000. Subject to the extent such additional amount is permitted to be borrowed hereunder. On the terms and subject to the conditions of this Agreement, each Borrowing shall be made on the Business Day, and shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Requestthe Extension of Credit Request therefor. On or before 1:00 p.m. (Chicago time) on such Business DayDay and subject to such terms and conditions, each Lender shall deposit provide the Administrative Agent with funds, on or before 11:00 a.m. (or 12:00 noon in the Agent same day funds case of a Base Rate Loan), New York time, in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made Borrowing by transferring same day or immediately available funds to an such account which as the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, on or before 2:30 p.m., New York time, the Administrative Agent shall make such funds available to the Borrower proceeds of each Borrowing by wire transfer of such proceeds to such transferees, or to such accounts of the accounts Borrower, as the Borrower shall have specified in its Borrowing Requestthe Extension of Credit Request therefor. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Amc Entertainment Inc)

Borrowing Procedure. By delivering a Borrowing Request In the case of Loans other than Swing Line Loans, by telephonic notice to the Administrative Agent on or before 11:00 a.m., Chicago time, 12:00 noon on a Business Day (followed (within one Business Day) by the delivery of a confirming Borrowing Request), the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing same Business Day in the case of Base Rate Loans and or on not less than three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 2,000,000 and an integral multiple of $100,0001,000,000, to or in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of Loans other than Swing Line Loans, on or before 1:00 3:00 p.m. (Chicago time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Reddy Ice Holdings Inc)

Borrowing Procedure. By The Borrower may from time to time ------------------- irrevocably request that a Borrowing be made in (a) for Base Rate Loans, a minimum amount of $300,000 and integral multiple of $100,000, (b) for LIBO Rate Loans a minimum amount of $5,000,000 and an integral multiple of $1,000,000, or (c) in the case of Revolving Loans, in the unused amount of the Revolving Loan Commitment Amount. Such request shall be made by delivering a Borrowing Request to the Agent on or before 11:00 a.m., Chicago a.m. U.S. Central time, on a Business Day, the Borrower may from time to time irrevocably request, on notice (x) on the date Business Day of the requested such Borrowing in the case of a Base Rate Loans Borrowing and (y) on a Business Day not less than three nor more than five Business Days’ notice Days in the case advance of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to the extent such additional amount is permitted to be borrowed hereunderBorrowing. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 12:00 Noon (Chicago U.S. Central time) on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Vintage Petroleum Inc)

Borrowing Procedure. By delivering a Borrowing Request to ------------------- the Agent on or before 11:00 10:00 a.m., Chicago time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days' notice in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,00050,000, to the extent such additional amount is permitted to be borrowed hereunder. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 11:00 a.m. (Chicago time) on such Business Day, each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Novamed Eyecare Inc)

Borrowing Procedure. By In the case of Loans other than Swing Line Loans, by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago time, 12:00 noon on a Business Day, the each Borrower may from time to time irrevocably request, on not less than one Business Day's notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 2,000,000 and an integral multiple of $100,0001,000,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to of $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment; provided, however, that all of the initial Loans shall be borrowed hereundermade as Base Rate Loans. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of Loans other than Swing Line Loans, on or before 1:00 p.m. (Chicago time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's RL Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the applicable Borrower by wire transfer to the accounts the such Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (WRC Media Inc)

Borrowing Procedure. By delivering a Borrowing Request to ------------------- the Administrative Agent on or before 11:00 10:00 a.m., Chicago New York time, on a Business Day, the Borrower may from time to time irrevocably request, on not less than one Business Day's notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than Loans, or three nor more than five Business Days' notice in the case of LIBO Rate Loans, and in either case not more than five Business Days' notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is 2,000,000 and in integral multiple of $500,000, in the case of Base Rate Loans, in a LIBO Rate Loan or (ii) the lesser of the unused minimum amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 1,000,000 and an integral multiple of $100,000100,000 or, to in either case, in the extent such additional unused amount is permitted to be borrowed hereunderof the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. 11:00 a.m. (Chicago New York time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Stillwater Mining Co /De/)

Borrowing Procedure. By delivering a Borrowing Request In the case of Loans other than Swing Line Loans, by telephonic notice to the Administrative Agent on or before 11:00 a.m., Chicago time, 12:00 noon on a Business Day (followed (within one Business Day) by the delivery of a confirming Borrowing Request), the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing same Business Day in the case of Base Rate Loans and or on not less than three nor more than five Business Days’ notice in the case of LIBO Rate Loans, and in either case not more than five Business Days’ notice, that a Borrowing be made made, in the case of LIBO Rate Loans, in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 2,000,000 and an integral multiple of $100,0001,000,000, to or in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On In the case of Loans other than Swing Line Loans, on or before 1:00 3:00 p.m. (Chicago time) on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Reddy Ice Holdings Inc)

Borrowing Procedure. By In the case of Loans (other than Swing Line Loans), by delivering a Borrowing Request to the Administrative Agent on or before 11:00 a.m., Chicago time, 10:00 a.m. on a Business Day, the Parent Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing such Business Day in the case of Base Rate Loans and or on not less than three nor Business Days’ notice and not more than five Business Days’ notice notice, in the case of LIBO Rate Loans denominated in Dollars or EURIBOR Rate Loans, that a Borrowing be made, in the case of LIBO Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan 5,000,000 and an integral multiple of $100,0001,000,000, to in the extent such additional case of Base Rate Loans, in a minimum amount is permitted to be borrowed hereunderof $1,000,000 and an integral multiple of $500,000 or, in either case, in the unused amount of the applicable Commitment and, in the case of EURIBOR Rate Loans, in a minimum amount of €5,000,000 and an integral multiple of €1,000,000. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, Day specified in such Borrowing Request. On In the case of Loans other than Swing Line Loans, on or before 1:00 p.m. (Chicago time) 12:00 noon on such Business Day, Day each Lender that has a Commitment to make the Loans being requested shall deposit with the Administrative Agent same day funds in an amount equal to such Lender’s Percentage of the requested Borrowing. Such deposit will be made to an account which the Administrative Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Administrative Agent shall make such funds available to the Parent Borrower by wire transfer to the accounts the Parent Borrower shall have specified in its Borrowing Request. No Lender’s obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.

Appears in 1 contract

Sources: Credit Agreement (Hanesbrands Inc.)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 a.m.12:00 noon, Chicago Hartford, Connecticut time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base LIBO Rate Loans and Loans, on not less than three nor more than five Business Days’ notice ' notice, or, in the case of LIBO Base Rate Loans, on not less than one nor more than five Business Days' notice, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is a LIBO Rate Loan or (ii) the lesser of the unused amount of the Revolving Commitments or $100,000, if such Loan is a Base Rate Loan and an integral multiple of $100,000, to or in the extent such additional unused amount is permitted to be borrowed hereunderof the then applicable Commitment Amount. Upon receipt of a Borrowing Request, the Agent shall promptly notify the other Lenders on the same day of the Borrowing requested thereby. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. On or before 1:00 p.m. (Chicago 2:00 p.m., Hartford, Connecticut time) , on such Business Day, each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s failure to make any Loan.to

Appears in 1 contract

Sources: Credit Agreement (Cable Tv Fund 11-B LTD)

Borrowing Procedure. By delivering a Borrowing Request to the Agent on or before 11:00 a.m.1:00 p.m., Chicago time, on a Business Day, the Borrower may from time to time irrevocably request, on notice on the date of the requested Borrowing in the case of Base Rate Loans and on not less than three nor more than five Business Days' notice in the case of LIBO Eurodollar Rate Loans, and on not less than one nor more than five Business Days' notice in the case of Base Rate Loans, that a Borrowing be made in a minimum amount of (i) $500,000 if such Loan is 3,000,000 in the case of Eurodollar Rate Loans, and in a LIBO Rate Loan or (ii) the lesser of the unused minimum amount of $1,000,000 in the Revolving Commitments or $100,000, if such Loan is a case of Base Rate Loan Loans, and in both instances in an integral multiple of $100,000, to or in the extent such additional unused amount is permitted to be borrowed hereunderof the applicable Commitment. On the terms and subject to the conditions of this Agreement, each Borrowing shall be comprised of the type of Loans, and shall be made on the Business Day, specified in such Borrowing Request. Each Borrowing Request must be signed by an Authorized Officer of the Borrower. On or before 1:00 2:00 p.m. (Chicago time) on such Business Day, Day each Lender shall deposit with the Agent same day funds in an amount equal to such Lender’s 's Percentage of the requested Borrowing. Such deposit will be made to an account which the Agent shall specify from time to time by notice to the Lenders. To the extent funds are received from the Lenders, the Agent shall make such funds available to the Borrower by wire transfer to the accounts the Borrower shall have specified in its the applicable Borrowing Request. No Lender’s 's obligation to make any Loan shall be affected by any other Lender’s 's failure to make any Loan. Swing Loans shall not be subject to this SECTION 2.3.

Appears in 1 contract

Sources: Credit Agreement (Cornerstone Propane Partners Lp)