Initial and Subsequent Borrowings Sample Clauses

Initial and Subsequent Borrowings. The Borrower shall give the Administrative Agent in the case of any Base Rate Borrowing irrevocable notice by telephone not later than 11:00 a.m. (Atlanta, Georgia, time) on the date of such Borrowing and shall promptly confirm any such telephone notice with a written Notice of Borrowing; provided, however, that the failure by the Borrower to confirm any notice by telephone with a written Notice of Borrowing shall not invalidate any notice so given. Except for deemed Borrowings made under Section 2.2(f), each Borrowing that is a Base Rate Borrowing shall be in a principal amount of no less than $500,000 and in an integral multiple of $100,000 in excess thereof (or, if less, then such Borrowing shall equal the entire unused balance of the Aggregate Revolving Commitment Amount).

Initial and Subsequent Borrowings. The Borrower Representative shall give the Administrative Agent in the case of any Base Rate Borrowing irrevocable notice by telephone not later than 12:00 noon (Atlanta, Georgia, time) one Business Day prior to the date of such Borrowing (other than with respect to any Base Rate Borrowing made on the Closing Date, which such irrevocable notice may be given not later than 12:00 noon (Atlanta, Georgia, time) on the Closing Date) and shall immediately confirm any such telephone notice with a written Notice of Borrowing; provided, however, that the failure by the Borrower Representative to confirm any notice by telephone with a written Notice of Borrowing shall not invalidate any notice so given. Except for deemed Borrowings made under Section 2.2(f), each Borrowing that is a Base Rate Borrowing shall be in a principal amount of no less than $250,000 and in an integral multiple of $50,000 in excess thereof.