ABR Borrowing. 1. Amount of ABR Borrowing: $_____________
ABR Borrowing. 1. Amount of ABR Borrowing: $_____________ 2. Date of ABR Borrowing _____________ B. Eurodollar Borrowing:
ABR Borrowing. If the Borrower fails to make such payment when due, the Administrative Agent shall notify each Lender of the applicable LC Disbursement, the payment then due from the Borrower in respect thereof and such Lender's Applicable Percentage thereof. Promptly following receipt of such notice, each Lender shall pay to the Administrative Agent its Applicable Percentage of the payment then due from the Borrower, in the same manner as provided in Section 2.4 with respect to Loans made by such Lender (and Section 2.4 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the Issuing Bank the amounts so received by it from the Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrower pursuant to this paragraph, the Administrative Agent shall distribute such payment to the Issuing Bank or, to the extent that Lenders have made payments pursuant to this paragraph to reimburse the Issuing Bank, then to such Lenders and the Issuing Bank as their interests may appear. Any payment made by a Lender pursuant to this paragraph to reimburse the Issuing Bank for any LC Disbursement (other than the funding of ABR Loans as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such LC Disbursement.
ABR Borrowing. If the Borrower fails to make such payment when due, the Administrative Agent shall notify each Lender of the applicable LC Disbursement, the payment then due from the Borrower in respect thereof and such Lender's Applicable Percentage thereof.
ABR Borrowing. In the event of any such determination, the Lenders shall negotiate with the Borrower, at its request, as to the interest rate which the Loans comprising such an ABR Borrowing shall bear; provided that such Loans shall bear interest as provided in Section 2.09(b) pending the execution by the Borrower and the Lenders of a written agreement providing for a different interest rate. Each determination by the Agent hereunder shall be conclusive absent manifest error.
ABR Borrowing. If no Interest Period is specified with respect to any requested Eurodollar Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. Promptly following receipt of a Borrowing Request in accordance with this Section, the Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing.
ABR Borrowing. Such Revolving Loan shall have a borrowing date of __________, ___(which date shall be no later than (i) the date of this Borrowing Request or (ii) the last day of the preceding Interest Period if a Eurocurrency Borrowing being converted to an ABR Borrowing). OR 116
ABR Borrowing. 1. Amount
ABR Borrowing. (3) Which shall be subject to the definition of "Interest Period" and end not later than the applicable maturity date. 15 EXHIBIT I FORM OF APPLICATION FOR STANDBY LC THIS APPLICATION IS SUBJECT TO AND GOVERNED BY THE CONTINUING AGREEMENT FOR COMMERCIAL & STANDBY LETTERS OF CREDIT DATED SEPTEMBER , 2000, BETWEEN THE UNDERSIGNED AND THE CHASE MANHATTAN BANK (the "CONTINUING AGREEMENT").
ABR Borrowing. 5. The representations and warranties set forth in Article III of the Credit Agreement are true and correct as though made on and as of the date of the Borrowing.
