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Contract analysis / form-of-borrowing-request.docx
form-of-borrowing-request.docx
High · 0
Medium · 1
Standard · 2
Section 1. Introductory Paragraph
Section 1. Introductory Paragraph This Borrowing Request (this "Request") is being delivered by the Borrower to the Administrative Agent pursuant to Section 2.03 of the Credit Agreement. To: Ridgeline National Bank, National Association 600 Lexington Avenue, 22nd Floor New York, New York 10022 Attention: Syndicated Loan Operations — Credit Administration The undersigned, being a duly authorized Responsible Officer of
Section 2. Borrowing Details
Standard
⚑ Commercial term
Section 2. Borrowing Details The Borrower hereby requests that the following Revolving Loan be made available on the terms set forth below: 2.1 Aggregate Principal Amount of Requested Borrowing Requested Amount: $______ Instructional Note: The aggregate principal amount of the requested Borrowing must be in a minimum principal amount of $1,000,000 and in integral multiples of $500,000 in excess thereof (or, if less,
Section 3. Certifications and Representations
Medium
⚑ Liability cap to check against exposure
Section 3. Certifications and Representations In connection with this Request, the undersigned, acting in his or her capacity as a duly authorized Responsible Officer of the Borrower (and not in any individual capacity), hereby certifies and represents to the Administrative Agent and each Lender, on behalf of the Borrower, as follows: 3.1 Conditions Precedent Satisfied All conditions precedent to the making of the re
Section 4. Delivery Requirements and Notice Provisions
Standard
⚑ Commercial term
Section 4. Delivery Requirements and Notice Provisions The Borrower acknowledges and agrees that this Borrowing Request, once delivered to the Administrative Agent in accordance with the terms and provisions of the Credit Agreement, shall constitute an irrevocable request and commitment by the Borrower to borrow the Revolving Loan in the aggregate principal amount and on the terms specified herein. The Borrower shall
Section 5. Miscellaneous
Section 5. Miscellaneous This Request shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to conflicts of laws principles thereof (other than Sections 5-1401 and 5-1402 of the New York General Obligations Law). This Request may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but a