Common use of Borrowing Procedure for Loans Clause in Contracts

Borrowing Procedure for Loans. (a) In order to effect a Borrowing(s), the Borrower shall submit a Borrowing Request in writing or by telecopy (or telephone notice promptly confirmed in writing or by telecopy) to the Agent, (i) in the case of a Eurodollar Borrowing, not later than 12:00 noon, New York time, three (3) Business Days before the Borrowing Date specified in the Borrowing Request for such proposed Eurodollar Borrowing(s) and (ii) in the case of a Base Rate Borrowing, not later than 1:00 p.m., New York time, on the Borrowing Date specified in the Borrowing Request for such proposed Base Rate Borrowing. Such Borrowing Request shall be irrevocable and shall in each case refer to this Credit Agreement and specify (w) whether the Borrowing(s) then being requested are to be Eurodollar Borrowing(s), or Base Rate Borrowing(s), or a combination thereof, (x) the Borrowing Date of such Borrowing(s) (which shall be a Business Day), (y) the aggregate principal amount of such Borrowing(s) and (z) in the case of Eurodollar Borrowings, the Interest Periods with respect thereto. If no Interest Period with respect to any Eurodollar Borrowing(s) is specified in any such Borrowing Request, then the Borrower shall be deemed to have selected an Interest Period of one (1) month's duration. The Agent shall promptly advise the Banks of any Borrowing Request given pursuant to this SECTION 2.2 and of each Bank's Commitment Percentage of the requested Borrowing(s) by telecopy (or telephone notice promptly confirmed in writing or by telecopy).

Borrowing Procedure for Loans. (a) In order to effect a Borrowing(s), the Borrower shall submit a Borrowing Request in writing or by telecopy (or telephone notice promptly confirmed in writing or by telecopy) to the Agent, (i) in the case of a Eurodollar Borrowing, not later than 12:00 noon11:00 a.m., New York, New York time, three two (32) Business Days before the Borrowing Date specified in the Borrowing Request for such proposed Eurodollar Borrowing(s) and (ii) in the case of a Base Rate Borrowing, not later than 1:00 p.m.12:00 noon, New York, New York time, on the Borrowing Date specified in the Borrowing Request for such proposed Base Rate Borrowing. Such Borrowing Request shall be irrevocable and shall in each case refer to this Credit Agreement and specify (wi) whether the Borrowing(s) then being requested are to be Eurodollar Borrowing(s), or Base Rate Borrowing(s), or a combination thereof, (xii) the Borrowing Date of such Borrowing(s) (which shall be a Business Day), (yiii) the aggregate principal amount of such Borrowing(s) and (ziv) in the case of Eurodollar Borrowings, the Interest Periods with respect thereto. If no Interest Period with respect to any Eurodollar Borrowing(s) is specified in any such Borrowing Request, then the Borrower shall be deemed to have selected an a Interest Period of one (1) month's duration. The Agent shall promptly advise the Banks of any Borrowing Request given pursuant to this SECTION Section 2.2 and of each Bank's Commitment Percentage of the requested Borrowing(s) by telecopy (or telephone notice promptly confirmed in writing or by telecopy).

Borrowing Procedure for Loans. (a) In order to effect a ----------------------------- Borrowing(s), the Borrower shall submit a Borrowing Request in writing or by telecopy (or telephone notice promptly confirmed in writing or by telecopy) to the Agent, (i) in the case of a Eurodollar LIBOR Rate Borrowing, not later than 12:00 noon11:00 a.m., New York Houston, Texas time, three (3) Business Days before the Borrowing Date specified in the Borrowing Request for such proposed Eurodollar LIBOR Rate Borrowing(s) and (ii) in the case of a an Alternate Base Rate Borrowing, not later than 1:00 p.m.12:00 noon, New York Houston, Texas time, on the Borrowing Date specified in the Borrowing Request for such proposed Alternate Base Rate Borrowing. Such Borrowing Request shall be irrevocable and shall in each case refer to this Credit Agreement and specify (w) whether the Borrowing(s) then being requested are to be Eurodollar LIBOR Rate Borrowing(s), or Alternate Base Rate Borrowing(s), or a combination thereof, (x) the Borrowing Date of such Borrowing(s) (which shall be a Business Day), (y) the aggregate principal amount of such Borrowing(s) and (z) in the case of Eurodollar LIBOR Rate Borrowings, the Interest Periods with respect thereto. If no Interest Period with respect to any Eurodollar LIBOR Rate Borrowing(s) is specified in any such Borrowing Request, then the Borrower shall be deemed to have selected an a Interest Period of one (1) month's duration. The Agent shall promptly advise the Banks of any Borrowing Request given pursuant to this SECTION 2.2 Section 2.03 and of each Bank's ------------ Commitment Percentage of the requested Borrowing(s) by telecopy (or telephone notice promptly confirmed in writing or by telecopy).

Borrowing Procedure for Loans. (a) In order to effect a ----------------------------- Borrowing(s), the Borrower shall submit a Borrowing Request in writing or by telecopy (or telephone notice promptly confirmed in writing or by telecopy) to the Agent, (i) in the case of a Eurodollar LIBOR Borrowing, not later than 12:00 noon11:00 a.m., New York Houston, Texas time, three (3) Business Days before the Borrowing Date specified in the Borrowing Request for such proposed Eurodollar LIBOR Borrowing(s) and (ii) in the case of a an Alternate Base Rate Borrowing, not later than 1:00 p.m.12:00 noon, New York Houston, Texas time, on the Borrowing Date specified in the Borrowing Request for such proposed Alternate Base Rate Borrowing. Such Borrowing Request shall be irrevocable and shall in each case refer to this Credit Agreement and specify (w) whether the Borrowing(s) then being requested are to be Eurodollar LIBOR Borrowing(s), or Alternate Base Rate Borrowing(s), or a combination thereof, (x) the Borrowing Date of such Borrowing(s) (which shall be a Business Day), (y) the aggregate principal amount of such Borrowing(s) and (z) in the case of Eurodollar LIBOR Borrowings, the LIBOR Interest Periods with respect thereto. If no LIBOR Interest Period with respect to any Eurodollar LIBOR Borrowing(s) is specified in any such Borrowing Request, then the Borrower shall be deemed to have selected an a LIBOR Interest Period of one (1) month's duration. The Agent shall promptly advise the Banks of any Borrowing Request given pursuant to this SECTION 2.2 Section 2.03 and of each Bank's Commitment Percentage of ------------ the requested Borrowing(s) by telecopy (or telephone notice promptly confirmed in writing or by telecopy).