Notice by Administrative Agent; Determination of Lender Ratable Shares Sample Clauses

Notice by Administrative Agent; Determination of Lender Ratable Shares. (i) Promptly following receipt of a Borrowing Request for a Borrowing under the Dollar Sub-Commitments by the Company or a Domestic Subsidiary Borrower, the Administrative Agent shall advise each Dollar Lender of the details thereof and of the amounts of such Lender’s Loan to be made as part of the requested Borrowing. (ii) Promptly following receipt of a Borrowing Request for a Borrowing under the Multicurrency Sub-Commitments, the Administrative Agent shall determine each relevant Multicurrency Lender’s availability under its Multicurrency Sub-Commitments (the “Unused Multicurrency Commitment Amount”) as of the date that the Administrative Agent received the relevant Borrowing Request which shall be (A) such Lender’s Multicurrency Sub-Commitment minus such Lender’s Multicurrency Loans denominated in Dollars and minus (B) such Lender’s Multicurrency LC Exposure and minus (C) the Dollar Amount of such Lender’s Multicurrency Loans and Competitive Loans denominated in an Agreed Foreign Currency, provided that: (A) In the case of a Borrowing Request for a Borrowing by the Company, a Domestic Subsidiary Borrower or an Initial Foreign Subsidiary Borrower, immediately upon determining the Unused Multicurrency Commitment Amount of each Multicurrency Lender, the Administrative Agent shall then determine each relevant Multicurrency Lender’s Loan to be made as part of the requested Borrowing. Notwithstanding Section 2.19(c), the Loans to be made as part of the requested Borrowing shall be made ratably in accordance with the Multicurrency Lenders’ respective Multicurrency Sub-Commitments; provided that (x) no Lender’s Multicurrency Loan to be made as part of the requested Borrowing shall be in an amount greater than such Lender’s Unused Multicurrency Commitment Amount and (y) to the extent that any Multicurrency Lender’s Unused Multicurrency Commitment Amount is less than such Lender’s ratable portion of the aggregate amount of such Borrowing (its “Ratable Portion”), the difference between its Ratable Portion and its Unused Multicurrency Commitment Amount shall be allocated ratably to the amount to be loaned by the other Multicurrency Lenders (to the extent that such other Lenders have the capacity to do so under their respective Unused Multicurrency Commitment Amounts) in accordance with their respective Multicurrency Sub-Commitments. Promptly upon determining each Multicurrency Lender’s Loan to be made as part of the requested Borrowing, the Administrative Agent sh...