FORM OF NOTICE OF BORROWING Clause Samples

The "Form of Notice of Borrowing" clause defines the required format and content for a borrower to formally request a loan or drawdown under a credit agreement. Typically, this clause specifies the information that must be included in the notice, such as the amount to be borrowed, the proposed borrowing date, and any relevant account details, and may require the notice to be delivered within a certain timeframe before the borrowing date. Its core practical function is to ensure that all borrowing requests are made in a consistent and clear manner, reducing the risk of misunderstandings or administrative errors between the borrower and lender.
FORM OF NOTICE OF BORROWING. Exhibit F.........Form of Notice of Conversion/Continuation
FORM OF NOTICE OF BORROWING. Each Borrowing shall be made on notice given by the Borrower to the Lender not later than 1:00 P.M. (New York City time) four (4) Business Days prior to the date of the proposed Borrowing. Each such notice shall be in substantially the form of Exhibit B (Form of Notice of Borrowing) (a "Notice of Borrowing"), specifying therein (A) the date of such proposed Borrowing, (B) the aggregate amount of such proposed Borrowing and (C) the initial Interest Period or Periods. The Loans shall be made as Eurodollar Rate Loans unless the Scheduled Termination Date is within one month of the date of the proposed Borrowing, in which case the Borrower shall request the proposed Borrowing to be of Base Rate Loans. Each Borrowing of Eurodollar Rate Loans shall be in an aggregate amount of two Eurodollar Borrowing Units or an integral multiple of Eurodollar Borrowing Units in excess thereof; provided, however, that the aggregate amount of the Eurodollar Rate Loans for each Interest Period must be in an amount of two Eurodollar Borrowing Units or an integral multiple of Eurodollar Borrowing Units in excess thereof. The Borrower may not request more than five (5) Borrowings per month without the consent of the Lender.
FORM OF NOTICE OF BORROWING. October [__], 2010
FORM OF NOTICE OF BORROWING. Pursuant to subsection 6.2(a) of the Fifth Amended and Restated Revolving Credit Agreement, dated as of June 9, 2021 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”) among Dominion Energy, Inc., a Virginia corporation, Virginia Electric and Power Company, a Virginia corporation, Questar Gas Company, a Utah corporation, and Dominion Energy South Carolina, Inc., a South Carolina corporation (each of the above, individually, a “Borrower”, collectively, the “Borrowers”), the several banks and other financial institutions from time to time parties thereto (the “Lenders”), JPMorgan Chase Bank, N.A., as Administrative Agent, and the other agents party thereto, the undersigned hereby delivers this Notice of Borrowing. [Insert name of relevant Borrower] hereby requests that a [Term SOFR Revolving/ Base Rate] Loan be made in the aggregate principal amount of _____________ on _________ __, 20__ [with an Interest Period of ___ [days] [months]]. The undersigned hereby certifies as follows:
FORM OF NOTICE OF BORROWING. [Date] SunTrust Bank, as Administrative Agent for the Lenders referred to below ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇.▇. ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Ladies and Gentlemen: Reference is made to the Revolving Credit Agreement dated as of January 31, 2008 (as amended and in effect on the date hereof, the “Credit Agreement”), among the undersigned, as Borrower, the lenders from time to time party thereto, and SunTrust Bank, as Administrative Agent. Terms defined in the Credit Agreement are used herein with the same meanings. This notice constitutes a Notice of Borrowing, and the Borrower hereby requests a Borrowing under the Credit Agreement, and in that connection the Borrower specifies the following information with respect to the Borrowing requested hereby:
FORM OF NOTICE OF BORROWING. TO: JPMORGAN CHASE BANK, N.A., as Administrative Agent RE: Term Loan Agreement dated as of July 20, 2017 among Public Service Company of New Mexico (the “Borrower”), the Lenders identified therein and JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) (as the same may be amended, modified, extended or restated from time to time, the “Loan Agreement”). DATE: ________________, 201__
FORM OF NOTICE OF BORROWING. Date: [ ] To: Administrative Agent under the Credit Agreement, dated as of November 20, 2014 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among ▇▇▇▇ America, LLC (“Borrower”), the Guarantors from time to time party thereto, the Lenders from time to time party thereto, Deutsche Bank AG New York Branch, as Administrative Agent and as Collateral Agent, and the other parties party thereto.
FORM OF NOTICE OF BORROWING. NOTICE OF BORROWING
FORM OF NOTICE OF BORROWING. Please refer to the Amended and Restated Credit Agreement dated as of March 31, 2009 (as amended or otherwise modified from time to time, the “Credit Agreement”) between the undersigned (“Borrower”) and Compass Group Diversified Holdings LLC, as Lender. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Credit Agreement. This notice is given pursuant to Section 2.2.2 of the Credit Agreement. Borrower hereby requests a borrowing under the Credit Agreement as follows: The aggregate amount of the proposed borrowing is [$__________]. The requested borrowing date for the proposed borrowing (which is a Business Day) is [________, 200__]. The Revolving Loans comprising the proposed borrowing are [Base Rate][LIBOR] Loans. The duration of the Interest Period for each LIBOR Loan made as part of the proposed borrowing, if applicable, is [_____] months (which shall be 1, 2 or 3 months). Borrower has caused this Notice to be executed and delivered by its officer or designee thereunto duly authorized on [______, 200__]. CBS Personnel Holdings, Inc. By: Title: Please refer to the Amended and Restated Credit Agreement dated as of March 31, 2009 (as amended or otherwise modified from time to time, the “Credit Agreement”) between the undersigned (“Borrower”) and Compass Group Diversified Holdings LLC, as Lender. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Credit Agreement. This notice is given pursuant to Section 2.2.3 of the Credit Agreement. Borrower hereby requests a [conversion][continuation] of [Term A Loans][Term B Loans][Revolving Loans] as follows: The date of the proposed [conversion] [continuation] is [______, 200__] (which shall be a Business Day). The aggregate amount of the [Term [A][B] Loans] [Revolving Loans] proposed to be [converted] [continued] is $_____________. [Specify which part is to be converted and which part is to be continued, if appropriate.] The Loans to be [continued] [converted] are [Base Rate Loans] [LIBOR Loans] and the Loans resulting from the proposed [conversion] [continuation] will be [Base Rate Loans] [LIBOR Loans]. The duration of the requested Interest Period for each LIBOR Loan made as part of the proposed [conversion] [continuation] is [____] months (which shall be 1, 2 or 3 months). Borrower has caused this Notice to be executed and delivered by its officer thereunto duly authorized on [______, 200__]. CBS Personnel Hold...
FORM OF NOTICE OF BORROWING. TO: W▇▇▇▇ Fargo Bank, National Association, as Administrative Agent for the Lenders ("Administrative Agent") under the Amended and Restated Credit Agreement, dated as of April 28, 2015, by and among P▇▇▇▇▇▇ Industries, Inc., an Indiana corporation (the "Borrower"), the Lenders who are party to the Credit Agreement and the Lenders who may become a party to the Credit Agreement pursuant to the terms hereof and the Administrative Agent (as originally executed or from time to time amended, restated, supplemented or otherwise modified, the "Credit Agreement") The Borrower hereby gives to the Administrative Agent a Notice of Borrowing pursuant to Section 2.3 of the Credit Agreement, and the Borrower hereby requests to borrow on __________ ____, 20___: