Common use of Method of Selecting Types and Interest Periods for Advances Clause in Contracts

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Term Benchmark Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a “Borrowing Notice”) not later than 1:00 p.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three Business Days before the Borrowing Date for each Term Benchmark Advance. A Borrowing Notice shall specify:

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Term Benchmark SOFR Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice in substantially the form of Exhibit E hereto (a “Borrowing Notice”) not later than 1:00 p.m. 11:30 a.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) each Swing Line Loan and at least three (3) U.S. Government Securities Business Days before the Borrowing Date for each Term Benchmark SOFR Advance. A Each Borrowing Notice shall specify:

Method of Selecting Types and Interest Periods for Advances. The Borrower shall select the Type of Advance and, in the case of each Term Benchmark SOFR Advance, the Interest Period applicable thereto, from time to time. The Borrower shall give the Administrative Agent irrevocable notice in substantially the form of Exhibit E hereto (a “Borrowing Notice”) not later than 1:00 p.m. 11:30 a.m. (New York time) (x) on the Borrowing Date of each Floating Rate Advance and (y) at least three (3) U.S. Government Securities Business Days before the Borrowing Date for each Term Benchmark SOFR Advance. A Each Borrowing Notice shall specify: