Method of Advancing. (i) Each Revolving Loan Borrowing shall be made pursuant to a Revolving Loan Borrowing Request given by the Borrower to the Agent in writing or by telecopy not later than the time required pursuant to Section 2.5(a)(i) to select the interest rate basis for the Revolving Loan Borrowing. Each Revolving Loan Borrowing Request shall be fully completed and shall specify the information required therein, and shall be irrevocable and binding on the Borrower. Upon receipt of the Revolving Loan Borrowing Request by the Agent, the Agent shall promptly forward notice of the Revolving Loan Borrowing to the Banks. Each Bank shall, before 1:00 p.m. (local time at the Applicable Lending Office of the Agent) on the date of the requested Revolving Loan Borrowing, make available from its Applicable Lending Office to the Agent at the Agent's Applicable Lending Office, in immediately available funds, such Bank's ratable share of such Revolving Loan Borrowing. Subject to the satisfaction of all applicable conditions precedent, after receipt by the Agent of such funds, the Agent shall, by 4:00 p.m. (local time at the Applicable Lending Office of the Agent), on the date requested for such Revolving Loan Borrowing make such Revolving Loan Borrowing available to the Borrower in immediately available funds at any account of Borrower which is designated in writing by the Borrower to the Agent.
Method of Advancing. (i) Each Revolving Loan Borrowing shall be made pursuant to a Revolving Loan Borrowing Request given by the Borrower to the Administrative Agent in writing or by telecopy not later than the time required pursuant to Section 2.6(a)(i) to select the interest rate basis for the Revolving Loan Borrowing. Each Revolving Loan Borrowing Request shall be fully completed and shall specify the information required therein, and shall be irrevocable and binding on the Borrower. Upon receipt of the Revolving Loan Borrowing Request by the Administrative Agent, the Administrative Agent shall promptly forward notice of the Revolving Loan Borrowing to the Banks. Each Bank shall, before 1:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) on the date of the requested Revolving Loan Borrowing, make available from its Applicable Lending Office to the Administrative Agent at the Administrative Agent's Applicable Lending Office, in immediately available funds, such Bank's ratable share of such Revolving Loan Borrowing. Subject to the satisfaction of all applicable conditions precedent, after receipt by the Administrative Agent of such funds, the Administrative Agent shall, by 4:00 p.m. (local time at the Applicable Lending Office of the
Method of Advancing. Each Revolving Credit Borrowing shall be made pursuant to a Borrowing Request given by the Borrower to the Agent in writing or by telecopy not later than the time required pursuant to Section 2.5(a) to select the interest rate basis for the Revolving Credit Borrowing. Each Borrowing Request shall be fully completed and shall specify the information required therein, and shall be irrevocable and binding on the Borrower.
Method of Advancing. 16 Section 2.03 Swing Line Facility..................................... 19 Section 2.04 Fees.................................................... 20 Section 2.05 Reduction of the Commitments............................ 21 Section 2.06 Repayment............................................... 21 Section 2.07 Interest................................................ 21 Section 2.08 Prepayments............................................. 23 Section 2.09 Breakage Costs.......................................... 24 Section 2.10
Method of Advancing. (a NOTICE. Each Borrowing shall be made pursuant to a Notice of Borrowing (or by telephone notice promptly confirmed in writing by a Notice of Borrowing), given not later than (i) 10:00 a.m. (Houston, Texas time) on the third Business Day before the date of the proposed Borrowing, in the case of a Eurodollar Rate Advance or (ii) 9:00 a.m. (Houston, Texas time) on the Business Day of the date of the proposed Borrowing, in the case of a Base Rate Advance, by the Borrower to the Agent, and, in the case of a Base Rate Advance, with a simultaneous provision of such notice to Provident, and the Agent shall give to each Lender prompt notice of such proposed Borrowing by telecopy or telex. In order to be an effective Notice of Borrowing, each Notice of a Borrowing shall be by telecopy or telex, followed immediately by delivery of the original executed Notice of Borrowing, specifying the requested (i) date of such Borrowing, (ii) Type of Advances comprising such Borrowing, (iii) aggregate amount of such Borrowing, and (iv) if such Borrowing is to be comprised of Eurodollar Rate Advances, the Interest Period for each such Advance. In the case of a proposed Borrowing comprised of Eurodollar Rate Advances, the Agent shall promptly notify each Lender of the applicable interest rate under Section 2.07(b). Each Lender shall, before 12:00 p.m. (Houston, Texas time) on the date of such Borrowing, in the case of a Eurodollar Rate Advance or before 2:00 p.m. (Houston, Texas time) on the date of such Borrowing, in the case of a Base Rate Advance, make available for the account of its Applicable Lending Office to the Agent at its address referred to in Section 9.02, or such other location as the Agent may specify by notice to the Lenders, in same day funds, such Lender's Pro Rata Share of such Borrowing. After the Agent's receipt of such funds and upon fulfillment of the applicable conditions set forth in Article III, the Agent will make such funds available to the Borrower at its account with the Agent.
Method of Advancing. (i) Each Borrowing shall be made pursuant to a Borrowing Request given by the Borrower to the Agent in writing or by telecopy not later than the time required pursuant to Section 2.4(a)(i) to select the interest rate basis for the Borrowing. Each Borrowing Request shall
Method of Advancing. (i) The Borrower may request a Competitive Borrowing by delivering to the Administrative Agent a Competitive Bid Request (A) in the case of a Competitive Borrowing consisting of Eurodollar Auction Advances not later than 11:00 a.m. (Dallas, Texas time) four Business Days before the proposed date of such Borrowing and (B) in the case of a Competitive Borrowing consisting of Fixed Rate Auction Advances, not later than 10:00 a.m. (Dallas, Texas time) one Business Day before the proposed day of such Borrowing. Without the prior approval of the Administrative Agent, no Competitive Borrowing may be requested within five Business Days after the delivery of any other Competitive Bid Request and no more than three Competitive Bid Requests may be delivered in any calendar month. A Competitive Bid Request that does not conform substantially to the form of Exhibit G-1 may be rejected by the Administrative Agent and the Administrative Agent shall promptly notify the Borrower of such rejection. Each Competitive Bid Request shall specify (1) whether the Borrowing being requested is to consist of Eurodollar Auction Advances or Fixed Rate Auction Advances; (2) the date of such Borrowing (which shall be a Business Day); (3) the aggregate principal amount of such Borrowing, which shall be a minimum of $5,000,000.00 and in integral multiples of $1,000,000.00; and (4) the Interest Period with respect thereto. Promptly after its receipt of a Competitive Bid Request that is not rejected, the Administrative Agent shall by telecopy in the form set forth in Exhibit G-2 invite the Banks to bid to make Competitive Advances pursuant to the Competitive Bid Request.
Method of Advancing. (i) In all circumstances where the Borrower desires an Acquisition Loan Borrowing, the Borrower shall provide the Agent and the Banks with information regarding the circumstances related to the proposed Acquisition Loan Borrowing and execute appropriate Acquisition Loan Notes meeting the requirements set forth in the form therefor attached hereto made payable to each of the Banks in connection with such proposed Acquisition Loan Borrowing. If appropriate Acquisition Loan Notes have been executed and delivered by the Borrower, the Acquisition Loan Borrowing shall be made pursuant to an Acquisition Loan Borrowing Request given by the Borrower to the Agent in writing or by telecopy not later than the time required pursuant to Section 2.6(a)(i) to select the interest rate basis for the Acquisition Loan Borrowing. Each Acquisition Loan Borrowing Request shall be fully completed and shall specify the information required therein, and shall be irrevocable and binding on the Borrower unless such Acquisition Loan Borrowing Request is rejected by the Agent as incomplete or improper. If the Acquisition Loan Borrowing Request is accepted by the Agent, the Agent shall promptly forward notice of the requested Acquisition Loan Borrowing to the Banks. Each Bank shall, before 2:00 p.m. (local time at the Applicable Payment Office) on the date of the requested Acquisition Loan Borrowing, make available from its Applicable Lending Office to the Agent at the Agent's Applicable Lending Office, in immediately available funds, such Bank's ratable share of such Acquisition Loan Borrowing. Subject to the satisfaction of all applicable conditions precedent, after receipt by the Agent of such funds, the Agent shall before close of business on the date requested for such Acquisition Loan Borrowing make such Acquisition Loan Borrowing available to the Borrower in immediately available funds at the Borrower Account.
Method of Advancing. (i) The Borrower may request an A Borrowing by delivering to the Agent, not later than 11:00 A.M. (Chicago time), a Request for A Borrowing, in the case of a proposed Borrowing comprised of LIBOR Rate Advances, at least three Business Days prior to the date of the proposed Borrowing, and in the case of a proposed Borrowing comprised of Base Rate Advances, on the Business Day of the proposed Borrowing. The Agent shall give to each Bank prompt notice thereof. Each A Borrowing comprised of Base Rate Advances shall be in Dollars and shall be in an aggregate principal amount of not less than $1,000,000 and be made in $100,000 multiples. Each A Borrowing comprised of LIBOR Rate Advances shall be in an aggregate Dollar Equivalent principal amount of not less than $5,000,000 and be made in 1,000,000 unit multiples of the Applicable Currency. In the case of a proposed A Borrowing comprised of LIBOR Rate Advances, the Agent shall promptly notify each Bank of the applicable interest rate under Section 2.4(a)(ii). At no time shall there be outstanding more than five A Borrowings comprised of LIBOR Rate Advances. Each Bank shall, before 11:00 A.M. (local time at the applicable Payment Office) on the date of such A Borrowing, make available for the account of its Applicable Lending Office to the Agent at its Payment Office, in same day funds, such Bank's ratable portion of such A Borrowing. Upon fulfillment of the applicable conditions set forth herein and, except as specified in paragraph (iv) below, after receipt by the Agent of such funds, the Agent shall make such funds available to the Borrower at the Agent's applicable Payment Office.
Method of Advancing. (i) The Borrower may request a B Borrowing by delivering to the Agent, not later than 9:00 A.M. (Chicago time), a Request for B Borrowing at least four Business Days prior to the date of the proposed B Borrowing, with respect to B Borrowings to be comprised of Alternate Currency B Advances or B Advances with interest rates to be determined based upon the LIBOR, and at least one Business Day prior to the date of the proposed B Borrowing, with respect to B Borrowings to be comprised of Dollar B Advances with interest rates to be based upon an absolute rate. Each proposed B Borrowing shall be in an aggregate Dollar Equivalent principal amount of not less than $2,000,000, be made Document #0021220 12 in 1,000,000 unit multiples of the Applicable Currency, and otherwise conform to the requirements specified in Exhibit B-2. Any Request for B Borrowing that does not substantially conform to the form of Exhibit B-2 and contain the information required therein may be rejected by the Agent by delivering prompt notice of the rejection to the Borrower. The Agent shall promptly notify the Banks of the Request for B Borrowing and the terms of the proposed B Borrowing. Without the prior approval of the Agent, no B Borrowing may be requested within five Business Days of the delivery of any other Request for B Borrowing and no more than three Requests for B Borrowings may be delivered in any month.
