Common use of Committed Borrowing Procedure Clause in Contracts

Committed Borrowing Procedure. In order to effect a Committed Borrowing, the Borrower shall hand deliver, telex, or telecopy to the Agent a duly completed request for Committed Borrowing, substantially in the form of Exhibit A-2 hereto (a "Notice of Committed Borrowing"), (i) in the case of Eurodollar Loans, not later than 11:00 a.m., Dallas, Texas time, two Business Days before the Borrowing Date specified for a proposed Committed Borrowing, and (ii) in the case of Base Loans, not later than 11:00 a.m., Dallas, Texas time, on the Business Day which is the Borrowing Date specified for a proposed Committed Borrowing. No Fixed Rate Loan shall be requested or made pursuant to a Notice of Committed Borrowing. Such notice shall be irrevocable and shall in each case refer to this Agreement and specify (x) whether the Loans then being requested are to be Eurodollar Loans or Base Loans, (y) the Borrowing Date of such Loans (which shall be a Business Day) and the aggregate amount thereof (which shall not be less than $500,000 and shall be an integral multiple of $100,000), and (z) the Interest Period with respect thereto (which shall not end later than the Termination Date). If no Interest Period with respect to any Eurodollar Loan is specified in any such Notice of Committed Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month's duration. Promptly, and in any event on the same day the Agent receives a Notice of Committed Borrowing pursuant to this Section 2.3, the Agent shall advise the other Banks of such Notice of Committed Borrowing and of each Bank's portion of the requested Committed Borrowing by telex or telecopier. Each Committed Borrowing shall consist of Loans of the same type made as of the same day and having the same Interest Period.

Committed Borrowing Procedure. In order to effect a Committed Borrowing, the Borrower shall hand deliver, telex, deliver or telecopy to the Agent a duly completed request for Committed Borrowing, substantially in the form of Exhibit A-2 hereto (a "Notice of Committed Borrowing"), (i) in the case of Eurodollar Loans, not later than 11:00 a.m., Dallas, Texas time, two three Business Days before the Borrowing Date specified for a proposed Committed Borrowing, and (ii) in the case of Base Rate Loans, not later than 11:00 a.m., Dallas, Texas time, on the Business Day which is the Borrowing Date specified for a proposed Committed Borrowing. No Fixed Rate Loan shall be requested or made pursuant to a Notice of Committed Borrowing. Such notice shall be irrevocable and shall in each case refer to this Agreement and specify (w) whether the Loans then being requested are to be made as Facility A Committed Loans or Facility B Committed Loans, (x) whether the Loans then being requested are to be Eurodollar Loans Loans, or Base Rate Loans, (y) the Borrowing Date of such Loans (which shall be a Business Day) and the aggregate amount thereof (which shall not be less than $500,000 5,000,000 and shall be an integral multiple of $100,0001,000,000), and (z) in the case of a Eurodollar Loan, the Interest Period with respect thereto (which shall not end later than the Termination Date). If no Interest Period with respect to any Eurodollar Loan is specified in any such Notice of Committed Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month's duration. Promptly, and in any event on the same day the Agent receives a Notice of Committed Borrowing pursuant to this Section 2.32.4, if such notice is received by 10:00 a.m., Dallas, Texas time on a Business Day and otherwise on the next succeeding Business Day, the Agent shall advise the other Banks Lenders of such Notice of Committed Borrowing and of each BankLender's portion of the requested Facility A or Facility B Committed Borrowing by telex or telecopier. Each Committed Borrowing shall consist of Loans of the same type Type made as of on the same day and having the same Interest Period.

Committed Borrowing Procedure. In order to effect The Borrowers shall give the Administrative Agent notice of each requested Committed Advance, by means of a Committed BorrowingAdvance Request, before 10:00 a.m. Dallas, Texas time on the same Business Day as the requested date of each Floating Rate Advance and before 10:00 a.m. Dallas, Texas time at least three (3) Business Days before the requested date of each Eurodollar Advance, specifying: (i) the Borrower to whom such Advance is to be made, (ii) the requested date of such Advance (which shall hand deliver, telex, or telecopy to the Agent be a duly completed request for Committed Borrowing, substantially in the form of Exhibit A-2 hereto (a "Notice of Committed Borrowing"Business Day), (iiii) the amount of such Advance, (iv) the Type of the Advance, and (v) in the case of a Eurodollar LoansAdvance, not later than 11:00 a.m., Dallas, Texas time, two Business Days before the Borrowing Date specified duration of the Interest Period for a proposed Committed Borrowing, and (ii) in the case of Base Loans, not later than 11:00 a.m., Dallas, Texas time, on the Business Day which is the Borrowing Date specified for a proposed Committed Borrowingsuch Advance. No Fixed Rate Loan Advance shall be requested or made pursuant to a Notice Committed Advance Request. The Administrative Agent may accept telephonic requests for Committed Advances, provided that such acceptance shall not constitute a waiver of the Administrative Agent's right to delivery of a Committed BorrowingAdvance Request in connection with subsequent Committed Advances. Such Any telephonic request for a Committed Advance by the Borrowers shall be promptly confirmed by submission of a properly completed Committed Advance Request to the Administrative Agent. Each Floating Rate Advance shall be in a minimum principal amount of $5,000,000 or such greater amount which is an integral multiple thereof. Each Eurodollar Advance shall be in a minimum principal amount of $5,000,000 or such greater amount which is an integral multiple thereof. The aggregate principal amount of Eurodollar Advances having the same Interest Period shall be at least equal to $5,000,000. The Administrative Agent shall notify each Bank of the contents of each such notice on the day such notice is received by Administrative Agent if received by 10:00 a.m. Dallas, Texas time on a Business Day and otherwise on the next succeeding Business Day. Promptly on the date specified for each Committed Advance hereunder, each Bank will make available to the Administrative Agent at the Principal Office in immediately available funds, for the account of the specified Borrower, such Bank's pro rata share of each Committed Advance. After the Administrative Agent's receipt of such funds and subject to the terms and conditions of this Agreement, the Administrative Agent will make each Committed Advance available to the specified Borrower by depositing the same, in immediately available funds, in an account of the specified Borrower maintained with the Administrative Agent designated by the Borrowers or by wire transfer in accordance with written instructions from the Borrowers. All notices by the Borrowers to the Administrative Agent under this Section shall be irrevocable and shall in each case refer to this Agreement and specify (x) whether the Loans then being requested are to be Eurodollar Loans or Base Loans, (y) the Borrowing Date of such Loans (which shall be a Business Day) and the aggregate amount thereof (which shall given not be less than $500,000 and shall be an integral multiple of $100,000), and (z) the Interest Period with respect thereto (which shall not end later than the Termination Date). If no Interest Period with respect to any Eurodollar Loan is time specified in any above for such Notice of Committed Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month's duration. Promptly, and in any event notice on the same day which is not less than the Agent receives a Notice number of Committed Borrowing pursuant to this Section 2.3, the Agent shall advise the other Banks of Business Days specified above for such Notice of Committed Borrowing and of each Bank's portion of the requested Committed Borrowing by telex or telecopier. Each Committed Borrowing shall consist of Loans of the same type made as of the same day and having the same Interest Periodnotice.