Common use of Procedure for Swing Line Borrowing Clause in Contracts

Procedure for Swing Line Borrowing. Whenever the Borrower desires that the Swing Line Lender make Swing Line Loans it shall give the Swing Line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swing Line Lender not later than 1:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) on the proposed date of the Swing Line Borrowing), specifying (i) the amount to be borrowed and (ii) the requested date of the Swing Line Borrowing (which shall be a Business Day during the period from the date of this Agreement until the Revolving Loan Maturity Date). Each borrowing under the Swing Line Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 3:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) on the date requested for a Swing Line Borrowing specified in a notice in respect of Swing Line Loans, the Swing Line Lender shall make available to the Administrative Agent at the Applicable Lending Office an amount in immediately available funds equal to the amount of the Swing Line Loan to be made by the Swing Line Lender. The Administrative Agent shall make the proceeds of such Swing Line Loan available to the Borrower on such date in immediately available funds at any account of Borrower which is designated in writing by the Borrower to the Administrative Agent.

Procedure for Swing Line Borrowing. Whenever the Designated Borrower desires that the Swing Line Lender make Swing Line Loans under Section 2.25 it shall give the Swing Line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swing Line Lender not later than 1:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) P.M., New York City time, on the proposed date of the Swing Line BorrowingBorrowing Date), specifying (ia) the amount to be borrowed and borrowed, (iib) the requested date of the Swing Line Borrowing Date (which shall be a Business Day during the period from Revolving Credit Commitment Period) and (c) the date identity of this Agreement until the Revolving Loan Maturity Date)Borrower or Borrowers to which the proceeds of the Swing Line Loans should be made available. Each borrowing under the Swing Line Commitment shall be in an amount equal to $500,000 100,000 or a whole multiple of $100,000 in excess thereof. Not later than 3:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) P.M., New York City time, on the date requested for a Swing Line Borrowing Date specified in a the notice in respect of Swing Line Loans, the Swing Line Lender shall make available to the Administrative Agent at the Applicable Lending Office its office specified in Section 11.2 an amount in immediately available funds equal to the amount of the Swing Line Loan to be made by the Swing Line Lender. The Administrative Agent shall make the proceeds of such Swing Line Loan available to the appropriate Borrower on such date Borrowing Date in immediately available accordance with the instructions of the Designated Borrower in like funds at any account of Borrower which is designated in writing as received by the Borrower to the Administrative Agent.. 43 37

Procedure for Swing Line Borrowing. Whenever the a Borrower desires that the Swing Line Lender make Swing Line Loans under Section 2.13, the Borrower (or the applicable Registrant of which it is a series) shall give the Swing Line Lender irrevocable telephonic notice confirmed promptly in writing writing, by facsimile or other mutually acceptable electronic transmission medium, to the attention of Sxxxxxx Xxxxx at facsimile number: (000) 000-0000 or such other person or persons which may be designated by the Swing Line Lender from time to time (which telephonic notice must be received by the Swing Line Lender not later than 1:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) 4:00 P.M., New York City time, on the proposed date of Borrowing Date, and which written confirmation must be received by the Swing Line BorrowingLender on the proposed Borrowing Date in form and substance satisfactory to the Swing Line Lender), specifying (i) the amount to be borrowed and (ii) the of each requested date of the Swing Line Borrowing (which shall be a Business Day during the period from the date of this Agreement until the Revolving Loan Maturity Date)Loan. Each borrowing under the Swing Line Commitment shall be in an amount equal to $500,000 250,000 or a whole an integral multiple of $100,000 in excess thereof. Not later than 3:00 p.m. Upon receipt of any such notice from a Borrower (local time at or the Applicable Lending Office of the Administrative Agent) on the date requested for a Swing Line Borrowing specified in a notice in respect of Swing Line Loansapplicable Registrant), the Swing Line Lender shall promptly notify the Administrative Agent thereof. The Swing Line Lender shall make the amount of such borrowing available to the Administrative Agent at Borrower, on the Applicable Lending Office an Borrowing Date requested by such Borrower, by transferring such amount in immediately available funds equal by wire or book entry to the amount account of the Swing Line Loan to be made by the Swing Line Lender. The Administrative Agent shall make the proceeds of such Borrower such Swing Line Loan available to the Borrower on such date in immediately available funds at any account of Borrower which is designated in writing by the Borrower to the Administrative Agentfunds.

Procedure for Swing Line Borrowing. Whenever the Refunding of Swing line Loans. (a)Whenever a Borrower desires that the Swing Line line Lender make Swing Line line Loans it shall give the Swing Line line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swing Line line Lender not later than 1:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) P.M., New York City time, on the proposed date of the Swing Line BorrowingBorrowing Date), specifying (i) the amount to be borrowed and (ii) the requested date of the Swing Line Borrowing Date (which shall be a Business Day during the period from the date of this Agreement until the Revolving Loan Maturity DateCommitment Period). Each borrowing under the Swing Line line Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 3:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) P.M., New York City time, on the date requested for a Swing Line Borrowing Date specified in a notice in respect of Swing Line line Loans, the Swing Line line Lender shall make available to the Administrative Agent at the Applicable Lending Funding Office an amount in immediately available funds equal to the amount of the Swing Line line Loan to be made by the Swing Line line Lender. The Administrative Agent shall make the proceeds of such Swing Line line Loan available to the applicable Borrower on such date Borrowing Date by depositing such proceeds in the account of such Borrower with the Administrative Agent on such Borrowing Date in immediately available funds at any account of Borrower which is designated in writing by the Borrower to the Administrative Agentfunds.

Procedure for Swing Line Borrowing. Whenever the Designated Borrower desires that the Swing Line Lender make Swing Line Loans under Section 2.25 it shall give the Swing Line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swing Line Lender not later than 1:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) P.M., New York City time, on the proposed date of the Swing Line BorrowingBorrowing Date), specifying (ia) the amount to be borrowed and borrowed, (iib) the requested date of the Swing Line Borrowing Date (which shall be a Business Day during the period from Revolving Credit Commitment Period) and (c) the date identity of this Agreement until the Revolving Loan Maturity Date)Borrower or Borrowers to which the proceeds of the Swing Line Loans should be made available. Each borrowing under the Swing Line Commitment shall be in an amount equal to $500,000 100,000 or a whole multiple of $100,000 in excess thereof. Not later than 3:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) P.M., New York City time, on the date requested for a Swing Line Borrowing Date specified in a the notice in respect of Swing Line Loans, the Swing Line Lender shall make available to the Administrative Agent at the Applicable Lending Office its office specified in Section 11.2 an amount in immediately available funds equal to the amount of the Swing Line Loan to be made by the Swing Line Lender. The Administrative Agent shall make the proceeds of such Swing Line Loan available to the appropriate Borrower on such date Borrowing Date in immediately available accordance with the instructions of the Designated Borrower in like funds at any account of Borrower which is designated in writing as received by the Borrower to the Administrative Agent.

Procedure for Swing Line Borrowing. Refunding of Swing Line Loans. (a) Whenever the either Borrower desires that the Swing Line Lender make Swing Line Loans it shall give the Swing Line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swing Line Lender not later than 1:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) 2:00 P.M., New York City time, on the proposed date of the Swing Line BorrowingBorrowing Date), specifying (i) the amount to be borrowed and (ii) the requested date of the Swing Line Borrowing Date (which shall be a Business Day during the period from the date of this Agreement until the Revolving Loan Maturity DateCredit Commitment Period). Each borrowing under the Swing Line Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 3:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) 4:00 P.M., New York City time, on the date requested for a Swing Line Borrowing Date specified in a notice in respect of Swing Line Loans, the Swing Line Lender shall make available to the Administrative Agent at the Applicable Lending Office its office specified in Section 11.2 an amount in immediately available funds equal to the amount of the Swing Line Loan to be made by the Swing Line Lender. The Administrative Agent shall make the proceeds of such Swing Line Loan available to the relevant Borrower on such date Borrowing Date by depositing such proceeds in the account of such Borrower with the Administrative Agent on such Borrowing Date in immediately available funds at any account of Borrower which is designated in writing by the Borrower to the Administrative Agentfunds.