Procedure for Term Loan Borrowing. The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 6 contracts
Sources: Credit Agreement (Cinemark Holdings, Inc.), Credit Agreement (Cinemark Usa Inc /Tx), Credit Agreement (Cinemark Usa Inc /Tx)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to (a) 12:00 Noon, New York City time, three Business Days prior to the anticipated Closing Date, in the case of Eurocurrency Loans, or (b) 10:00 A.M., New York City time, at least one Business Day prior to on the day of the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 6 contracts
Sources: Credit Agreement (Avis Budget Group, Inc.), Credit Agreement (Avis Budget Group, Inc.), Credit Agreement (Avis Budget Group, Inc.)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent irrevocable notice in the form of a Borrowing Notice Request (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.1:00 P.M., New York City time, at least (a) three Business Days prior to the anticipated Closing Date, in the case of Eurodollar Loans, or (b) one Business Day prior to the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed under each tranche. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Term Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 3 contracts
Sources: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable written notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, one Business Day prior to the anticipated Closing Date or Amendment and Restatement Effective Date, as applicable) requesting that the applicable Term Lenders make the applicable Term Loans on the Restatement Closing Date or Amendment and Restatement Effective Date, as applicable, and specifying the amount to be borrowed and the requested Interest Period, if applicable. Upon receipt of such notice the Administrative Agent shall promptly notify each applicable Term Loan Lender thereof. Not later than 11:00 A.M., New York City time, on the Closing Date or Amendment and Restatement Effective Date, as applicable, each applicable Term Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such LenderLender on such date. The Administrative Agent shall promptly make available credit the account designated in writing by the Borrower to the Borrower Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 3 contracts
Sources: Credit Agreement (Booz Allen Hamilton Holding Corp), Credit Agreement (Booz Allen Hamilton Holding Corp), Credit Agreement (Booz Allen Hamilton Holding Corp)
Procedure for Term Loan Borrowing. (a) . The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon2:00 p.m., New York City time, on the Restatement anticipated Closing Date) requesting that the applicable Term Lenders make the Term Loans on the Closing Date each and specifying the amount to be borrowed. Prior to the earlier of (a) the Syndication Date and (b) the date that is 60 days after the Closing Date, any Term Loan that is a Eurodollar Loan shall have an Interest Period of one (1) month. Upon receipt of such notice the Administrative Agent shall promptly notify each applicable Term Lender thereof. Not later than 2:00 p.m., New York City time, on the Closing Date, each applicable Term Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make the proceeds of such Term Loan or Term Loans available to the Borrower the aggregate of the amounts made on such Borrowing Date by wire transfer in immediately available funds to the Administrative Agent a bank account designated in writing by the Term Loan Lenders, in like funds as received by Borrower to the Administrative Agent.
Appears in 2 contracts
Sources: Credit Agreement (INC Research Holdings, Inc.), Credit Agreement (INC Research Holdings, Inc.)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (including telephonic notice confirmed in writing) (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.(a) in the case of Eurodollar Loans, not later than 11:00 a.m., New York, New York City time, at least three Business Days before the date of the anticipated borrowing and (b) in the case of ABR Loans, not later than 12:00 noon, New York, New York time, one Business Day prior to the date of the anticipated Restatement Closing Dateborrowing) requesting that the Term Loan Lenders make the Term Loans on such borrowing date and specifying the amount to be made on the Restatement Closing Dateborrowed. The Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans or Eurodollar ABR Loans. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon11:00 a.m., New York, New York City time, on the Restatement Closing Date relevant borrowing date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office its office specified in Section 9.1 an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 2 contracts
Sources: Credit Agreement (Hicks Thomas O), Credit Agreement (Hicks Thomas O)
Procedure for Term Loan Borrowing. The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 (a) 12:00 Noon, New York City time, three Business Days prior to the requested Borrowing Date, in the case of Eurodollar Loans, or (b) 11:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing requested Borrowing Date, in the case of Base Rate Loans) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Effective Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Effective Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 2 contracts
Sources: Credit Agreement, Credit Agreement (National CineMedia, LLC)
Procedure for Term Loan Borrowing. The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 11:00 A.M., New York City time, at least one Business Day prior to on the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The No Term Loans made on Loan may be converted into or continued as a Eurodollar Loan having an Interest Period in excess of one month prior to the Restatement earlier of (i) the date which is 60 days after the Closing Date may be Base Rate Loans or Eurodollar Loansand (ii) the Syndication Date. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 2 contracts
Sources: Credit Agreement (National CineMedia, LLC), Credit Agreement (National CineMedia, Inc.)
Procedure for Term Loan Borrowing. The Borrower Borrowers shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to on the day of the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Dateborrowed. The Initial Term Loans made on the Restatement Closing Date may shall initially be Base Rate ABR Loans or Eurodollar Loansunless the initial Term Lenders and the Administrative Agent otherwise agree. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon3:00 P.M., New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available credit the account designated in writing by the Borrowers to the Borrower Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 2 contracts
Sources: Credit Agreement (Vince Holding Corp.), Credit Agreement (Apparel Holding Corp.)
Procedure for Term Loan Borrowing. The Initial Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to on the day of the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Dateborrowed. The Term Loans made on the Restatement Closing Date may shall initially be Base Rate ABR Loans or Eurodollar Loansunless the initial Term Lenders and the Administrative Agent otherwise agree. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon3:00 P.M., New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available credit the account designated in writing by the Initial Borrower to the Borrower Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 2 contracts
Sources: Credit Agreement (Yankee Finance, Inc.), Credit Agreement (Yankee Holding Corp.)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice substantially in the form of Exhibit J (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 11:00 A.M., New York City time, at least (a) three Business Days prior to the anticipated Closing Date, in the case of Eurodollar Loans, or (b) one Business Day prior to the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount and Type to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice from the Borrower, the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make the proceeds of such Borrowing available to the Borrower on the aggregate Closing Date by depositing such proceeds on the Closing Date in immediately available funds into the account of the amounts made available Borrower designated by the Borrower to the Administrative Agent by on or prior to the Term Loan Lenders, in like funds as received by the Administrative AgentClosing Date.
Appears in 2 contracts
Sources: Credit Agreement (InfraREIT, Inc.), Term Loan Credit Agreement (InfraREIT, Inc.)
Procedure for Term Loan Borrowing. The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans Loans, and no Term Loan may be converted into or continued as a Eurodollar LoansLoan having an Interest Period in excess of one month prior to the Syndication Date. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 2 contracts
Sources: Credit Agreement (Dobson Communications Corp), Credit Agreement (Dobson Communications Corp)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.1:00 P.M., New York City time, at least one Business Day prior to on the day of the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Dateborrowed. The Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans or Eurodollar Loansunless the Term Lenders and the Administrative Agent otherwise agree. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon3:00 P.M., New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available credit the account designated in writing by the Borrower to the Borrower Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 2 contracts
Sources: Credit Agreement (Allison Transmission Holdings Inc), Credit Agreement (Allison Transmission Holdings Inc)
Procedure for Term Loan Borrowing. The Term Loan Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one (a) three Business Day Days prior to the anticipated Restatement Closing Date, if all or any part of the requested Term Loans are to be initially Eurodollar Loans and (b) on the anticipated Closing Date otherwise) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice, the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Term Loan Borrower with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 2 contracts
Sources: Credit Agreement (Boston Scientific Corp), Credit Agreement (Boston Scientific Corp)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice, substantially in the form of Exhibit A-1 hereto, (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.not later than 3:00 P.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date or, in the case the Loans on the Closing Date shall be Eurodollar Loans, three Business Days prior to the anticipated Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying (i) the aggregate principal amount to be borrowed, (ii) the requested Borrowing Date and (iii) whether such Term Loans being incurred are to be made on as ABR Loans or, to the Restatement Closing Date. The Term extent permitted hereunder, Eurodollar Loans made on the Restatement Closing Date may be Base Rate Loans or and, if Eurodollar Loans, the initial Interest Period applicable thereto. Upon receipt of such Borrowing Notice borrowing notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon3:00 P.M., New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 2 contracts
Sources: First Lien Credit Agreement (PGA Holdings, Inc.), First Lien Credit Agreement (PGA Holdings, Inc.)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the --------------------------------- Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to on the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans Loans, and no Term Loan may be converted into or continued as a Eurodollar LoansLoan with an Interest Period longer than one week prior to the date which is 30 days after the Closing Date. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available transfer to the account of the Borrower specified by the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice, substantially in the form of Exhibit J (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 11:00 A.M., New York City time, at least one (a) three Business Day Days prior to the anticipated Restatement Closing Date, in the case of Eurodollar Loans, or (b) on the anticipated Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noonnoon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like immediately available funds or wire such funds as received directed by the Administrative AgentBorrower.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to (i)12:00 Noon, New York City time, three Business Days prior to the anticipated Closing Date, in the case of Eurocurrency Loans, or (ii) 10:00 A.M., New York City time, at least one Business Day prior to on the day of the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Original Term Loan Lenders make the Original Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Original Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date Date, each Original Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Original Term Loan or Original Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Original Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Sources: Incremental Tranche B Term Facility Agreement (Avis Budget Group, Inc.)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice by telecopy or telephone (promptly confirmed by telecopy) (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Dateborrowed. The Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans or Eurodollar ABR Loans. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Sources: Credit Agreement (Educate Inc)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent irrevocable notice in writing substantially in the form of Exhibit C (a Borrowing “Notice of Borrowing”) (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 11:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Dateborrowed. The Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans or Eurodollar ABR Loans. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon1:00 P.M., New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Sources: Second Lien Credit Agreement (SRAM International Corp)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice, substantially in the form of Exhibit L (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 11:00 A.M., New York City time, at least one (a) three Business Day Days prior to the anticipated Restatement Closing Date, in the case of Eurodollar Loans, or (b) on the anticipated Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noonnoon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like immediately available funds or wire such funds as received directed by the Administrative AgentBorrower.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.12:00 Noon, New York City time, at least one Business Day prior to on the anticipated Restatement Closing Date) requesting that the applicable Term Loan Lenders make the Term Loans to be made on the Restatement Closing DateDate and specifying the amount to be borrowed. The Term Loans made on Prior to the earlier of (a) the Syndication Date and (b) the date that is sixty (60) days after the Restatement Closing Date may be Base Rate Loans or Date, any Term Loan that is a Eurodollar LoansLoan shall have an Interest Period of one (1) month. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each applicable Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date Date, each applicable Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make the proceeds of such Term Loan or Term Loans available to the Borrower the aggregate of the amounts made on such Borrowing Date by wire transfer in immediately available funds to the Administrative Agent a bank account designated in writing by the Term Loan Lenders, in like funds as received by Borrower to the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Microsemi Corp)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice substantially in the form of Exhibit B hereto (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.12:00 Noon, New York City time, at least one time (a) three (3) Business Day Days prior to the anticipated Restatement Closing requested Borrowing Date, in the case of Eurodollar Loans or (b) on the requested Borrowing Date, in the case of Base Rate Loans) requesting that the Term Loan applicable Lenders make the applicable Term Loans on the Funding Date and specifying the amount to be made on the Restatement Closing Date. The borrowed for each such Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan applicable Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date Funding Date, each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make the proceeds of such Term Loan or Term Loans available to the Borrower on the aggregate of the amounts made Borrowing Date by wire transfer in immediately available funds to the Administrative Agent a bank account designated in writing by the Term Loan Lenders, in like funds as received by Borrower to the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Calpine Corp)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent an irrevocable Notice of Borrowing attaching a Borrowing Notice sources and uses and disbursement instructions (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least A.M. one (1) Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on borrowed. Unless otherwise agreed by the Restatement Closing Date. The Administrative Agent, the Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans or Eurodollar ABR Loans. Upon receipt of such Borrowing Notice of Borrowing, the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, P.M. on the Restatement Closing Date Date, each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to disburse the proceeds of the Term Loans in accordance with the Notice of Borrowing, including, if applicable, by crediting the account of the Borrower on the aggregate books of the amounts made available to such office of the Administrative Agent by with the amount of the Term Loan Lenders, in like funds as received by to be disbursed directly to the Administrative AgentBorrower.
Appears in 1 contract
Sources: Credit Agreement (TechTarget Inc)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to on the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on borrowed. No Term Loan may be converted into or continued as a Eurodollar Loan having an Interest Period in excess of one month prior to the Restatement date which is 60 days after the Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Sources: Credit Agreement (Conmed Corp)
Procedure for Term Loan Borrowing. The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be either Eurodollar Loans or Base Rate Loans or Eurodollar Loansas elected by Borrower in such Borrowing Notice. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to the Administrative Agent a Borrowing Notice an irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Third Amendment Effective Date) requesting that the Term Loan Lenders make the Term Loans on the Third Amendment Effective Date and specifying the amount to be made on the Restatement Closing Dateborrowed. The Term Loans made on the Restatement Closing Third Amendment Effective Date may shall initially be Base Rate Loans or and may be converted to Eurodollar LoansLoans pursuant to Section 2.10. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Third Amendment Effective Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Primary Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day (in the case of Base Rate Loans) or three Business Days (in the case of Eurodollar Loans) prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Dateborrowed. The Tranche B Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Primary Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (White Mountains Insurance Group LTD)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Effective Date) requesting that the Term Loan Lenders make the Term Loans to be made D on the Restatement Closing Date. The Term Loans made on Effective Date and specifying the Restatement Closing Date may amount to be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon1:00 P.M., New York City time, on the Restatement Closing Effective Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans D to be made by such Lender. , or provide the Administrative Agent with a Conversion Notice with respect to its Existing Term Loans in lieu of such funding requirement with respect to Term Loans D. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available (including by conversions) to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent irrevocable notice in the form of a borrowing notice (which notice shall be substantially in the form of a Borrowing Notice (for Revolving Credit Loans, mutatis mutandis, which Borrowing Notice must be shall have been received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement proposed borrowing date, which shall be a Business Day) requesting that the Term Lenders make Term Loans on the Closing Date and specifying the amount to be borrowed. Upon receipt of such notice the Administrative Agent shall promptly notify each Term Loan Lender shall thereof. Not later than 1:30 P.M., New York City time, on the Closing Date, each Term Lender shall, pursuant to the terms and subject to the conditions of this Agreement, make available to the Administrative Agent at the Funding Principal Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Sources: Credit Agreement (Autonation, Inc.)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.A.M, New York City time, at least (x) three Business Days prior to the anticipated Closing Date, in the case of Eurodollar Loans, or (y) one Business Day prior to the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon10:00 A.M, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Funding Date, in the case of Base Rate Loans, and three Business Days prior to the anticipated Funding Date, in the case of Eurodollar Loans) requesting that the Term Loan Lenders make the Term Loans on such Funding Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Funding Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such LenderLender on such Funding Date. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to (ai) 12:00 Noon, New York City time, three Business Days prior to the anticipated Closing Date, in the case of Eurocurrency Loans, or (bii) 10:00 A.M., New York City time, at least one Business Day prior to on the day of the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Original Term Loan Lenders make the Original Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Original Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date Date, each Original Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Original Term Loan or Original Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Original Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Sources: Incremental Facilities Agreement (Avis Budget Group, Inc.)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice substantially in the form of Exhibit B-1 (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.2:00 p.m., New York City time, at least (i) three (3) Business Days prior to the anticipated Closing Date, in the case of Eurodollar Loans, or (ii) one (1) Business Day prior to the anticipated Restatement Closing Date, in the case of Base Rate Loans) requesting that the applicable Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each applicable Term Loan Lender thereof. Not later than 12:00 Noonnoon, New York City time, on the Restatement Closing Date Date, each applicable Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make the proceeds of such Term Loan or Term Loans available to the Borrower on the aggregate of the amounts made Closing Date by wire transfer in immediately available funds to the Administrative Agent a bank account designated in writing by the Term Loan Lenders, in like funds as received by Borrower to the Administrative Agent.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Funding Date, if the Term Loans are to be initially ABR Loans, or three Business Days prior to the Funding Date, if the Term Loans are to be initially Eurodollar Loans, in whole or in part) requesting that the Term Loan Lenders make their portions of the Term Loans available to be made the Borrower on the Restatement Closing Funding Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loans. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon11:00 A.M., New York City time, on the Restatement Closing Funding Date each Term Loan Lender shall make available to the Administrative Agent at its office specified in subsection 11.2 the Funding Office an amount of its relevant portion of its Term Loans in immediately available funds equal to the Term Loan or Term Loans to be made by such Lenderfunds. The Administrative Agent shall promptly make available to on such date credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent for the Borrower by the Term Loan Lenders, Lenders and in like funds as received by the Administrative Agent.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to the Administrative Agent a Borrowing Notice (which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The No Term Loans made on the Restatement Closing Date Loan may be Base Rate Loans made as, converted into or continued as a Eurodollar LoansLoan having an Interest Period in excess of one month prior to the Syndication Date. Upon receipt of such Borrowing Notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, in like funds as received by the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Serologicals Corp)
Procedure for Term Loan Borrowing. The Borrower Company shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent (i) in the case of a Base Rate Loan, prior to 10:00 A.M., New York City time, at least one Business Day prior to the anticipated Restatement Closing Borrowing Date or (ii) in the case of a Eurocurrency Rate Loan, prior to 12:00 noon, New York City time, three Business Days prior to the anticipated Borrowing Date) requesting that the Term Loan Lenders make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on Borrowing Date and in the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansamount specified in such notice. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noonnoon, New York City time, on the Restatement Closing Date requested Borrowing Date, each Term Loan Lender shall make available to the Administrative Agent at the Funding Lending Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the Borrower account of the Company on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent irrevocable notice in the form of a Borrowing Notice Request (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.1:00 P.M., New York City time, at least (a) three Business Days prior to the anticipated Closing Date, in the case of Eurodollar Loans, or (b) one Business Day prior to the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Sources: Credit Agreement (Davita Inc)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.12:00 Noon, New York City time, at least one Business Day prior to on the anticipated Restatement Closing Date) requesting that the applicable Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on borrowed. Prior to the Restatement earlier of (a) the Syndication Date and (b) the date that is sixty (60) days after the Closing Date. The , any Term Loans made on the Restatement Closing Date may be Base Rate Loans or Loan that is a Eurodollar LoansLoan shall have an Interest Period of one (1) month. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each applicable Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date Date, each applicable Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make the proceeds of such Term Loan or Term Loans available to the Borrower the aggregate of the amounts made on such Borrowing Date by wire transfer in immediately available funds to the Administrative Agent a bank account designated in writing by the Term Loan Lenders, in like funds as received by Borrower to the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Microsemi Corp)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent irrevocable notice, substantially in the form of a Borrowing Notice (of Borrowing, which Borrowing Notice must be received by the Administrative Agent prior to 10:00 A.M.11:00 a.m., New York City Tulsa time, at least (a) two Business Days prior to the anticipated Closing Date, in the case of LIBOR Loans, or (b) one Business Day prior to the anticipated Restatement Closing Date) , in the case of ABR Loans, requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noonnoon, New York City Tulsa time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like immediately available funds or wire such funds as received directed by the Administrative AgentBorrower.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable written (or telephonic promptly confirmed in writing) notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.12:00 noon, New York City time, at least one Business Day prior to the anticipated Restatement Closing Date) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on borrowed. Such notice shall be given by the Restatement Closing Date. Borrower in the form of Exhibit G. The Term Loans made on the Restatement Closing Date may shall initially be Base Rate Loans or Eurodollar ABR Loans. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noonnoon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office its office specified in subsection 10.2 an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agent.
Appears in 1 contract
Sources: Credit Agreement (Omniamerica Inc)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.12:00 Noon, New York City time, at least one Business Day prior to the anticipated Restatement Closing DateEffective Date with respect to ABR Loans and three Business Days prior to the anticipated Restatement Effective Date with respect to Eurodollar Loans) requesting that the Term Loan Lenders (other than Term Lenders that are only converting Existing Term Loans) make the Term Loans to be made on the Restatement Closing Date. The Term Loans made on Effective Date and specifying the Restatement Closing Date may amount to be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Effective Date each relevant Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to the Borrower the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentfunds.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 A.M.1:00 p.m., New York City time, at least (a) one Business Day prior to the anticipated Restatement Closing DateDate in the case of Base Rate Loans and (b) three Business Days prior to the anticipated Closing Date in the case of Eurodollar Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon1:00 p.m., New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Procedure for Term Loan Borrowing. The Borrower Borrowers shall deliver to give the Administrative Agent irrevocable notice pursuant to a Notice of Borrowing Notice (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 11:00 A.M., New York City time, at least (a) three Business Days prior to the anticipated Closing Date, in the case of Eurodollar Loans, or (b) one Business Day prior to the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans Loan on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice, the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the Borrower account of the Borrowers on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like funds as received by the Administrative Agentimmediately available funds.
Appears in 1 contract
Sources: Credit Agreement (Amedisys Inc)
Procedure for Term Loan Borrowing. The Borrower shall deliver to give the Administrative Agent a Borrowing Notice irrevocable notice, substantially in the form of Exhibit L (which Borrowing Notice notice must be received by the Administrative Agent prior to 10:00 11:00 A.M., New York City time, at least (a) three Business Days prior to the anticipated Closing Date, in the case of Eurodollar Loans, or (b) one Business Day prior to the anticipated Restatement Closing Date, in the case of ABR Loans) requesting that the Term Loan Lenders make the Term Loans on the Closing Date and specifying the amount to be made on the Restatement Closing Date. The Term Loans made on the Restatement Closing Date may be Base Rate Loans or Eurodollar Loansborrowed. Upon receipt of such Borrowing Notice notice the Administrative Agent shall promptly notify each Term Loan Lender thereof. Not later than 12:00 Noon, New York City time, on the Restatement Closing Date each Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan or Term Loans to be made by such Lender. The Administrative Agent shall promptly make available to credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Term Loan Lenders, Lenders in like immediately available funds or wire such funds as received directed by the Administrative AgentBorrower.
Appears in 1 contract