Common use of Procedure for Swingline Borrowing; Refunding of Swingline Loans Clause in Contracts

Procedure for Swingline Borrowing; Refunding of Swingline Loans. (a) In order to request a Borrowing of Swingline Loans, the Borrower shall give the Swingline Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender not later than 12:00 (noon), New York City time, on the day of the proposed Borrowing), specifying (i) the amount to be borrowed and (ii) the date of such Borrowing (which shall be a Business Day). The Swingline Loans comprising any Borrowing shall be in an aggregate principal amount that is (i) an integral multiple of $100,000 and not less than $500,000 or (ii) equal to the then remaining Swingline Commitment. The Swingline Lender shall make each Swingline Loan to be made by it hereunder on the proposed date of Borrowing thereof by wire transfer of immediately available funds to such account in New York City as the Administrative Agent may designate not later than 2:00 p.m., New York City time, and the Administrative Agent shall by 3:00 p.m., New York City time, credit the amounts so received to an account with the Administrative Agent designated by the Borrower, in the applicable Borrowing Request, or, if a Borrowing shall not occur on such date because any condition precedent herein specified shall not have been met, return the amounts so received to the Swingline Lender.

Procedure for Swingline Borrowing; Refunding of Swingline Loans. (a) In order to request a Borrowing of Whenever the U.S. Borrower desires that the Swingline Loans, the Borrower Lender make Swingline Loans it shall give the Swingline Lender and the Administrative Agent irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender and the Administrative Agent not later than 12:00 (noon)1:00 P.M., New York City time, on the day of the proposed BorrowingBorrowing Date), specifying (i) the amount to be borrowed and 509265-2072-11662-ACTIVE.44337519 borrowed, (ii) the date currency of such the Swingline Loan to be borrowed and (iii) the requested Borrowing Date (which shall be a Business DayDay during the Revolving Commitment Period). The Each borrowing under the Swingline Loans comprising any Borrowing Commitment shall be in an aggregate principal amount that is (i) an integral multiple of equal to $100,000 and not less or a whole multiple thereof. Not later than $500,000 or (ii) 3:00 P.M., New York City time, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall, in its sole discretion, make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the then remaining Swingline Commitment. The Swingline Lender shall make each Swingline Loan to be made by it hereunder on the proposed date of Borrowing thereof by wire transfer of immediately available funds to such account in New York City as the Administrative Agent may designate not later than 2:00 p.m., New York City time, and the Swingline Lender. The Administrative Agent shall make the proceeds of such Swingline Loans available to the U.S. Borrower on such Borrowing Date by 3:00 p.m., New York City time, credit depositing such proceeds in the amounts so received to an account of the U.S. Borrower with the Administrative Agent designated (or as otherwise directed in writing by the U.S. Borrower, in the applicable Borrowing Request, or, if a Borrowing shall not occur ) on such date because any condition precedent herein specified shall not have been met, return the amounts so received to the Swingline LenderBorrowing Date in immediately available funds.

Procedure for Swingline Borrowing; Refunding of Swingline Loans. (a) In order to request a Borrowing of Swingline Loans, the Borrower shall give the relevant Swingline Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender not later than 12:00 (noon), New York City time, on the day of the proposed Borrowing), specifying (i) the amount to be borrowed and (ii) the date of such Borrowing (which shall be a Business Day). The Swingline Loans comprising any Borrowing shall be in an aggregate principal amount that is (i) an integral multiple of $100,000 and not less than $500,000 or (ii) equal to the then remaining Swingline CommitmentCommitment available from such Swingline Lender. The Each Swingline Lender shall make each Swingline Loan to be made by it hereunder on the proposed date of Borrowing thereof by wire transfer of immediately available funds to such account in New York City as the Administrative Agent may designate not later than 2:00 p.m., New York City time, and the Administrative Agent shall by 3:00 p.m., New York City time, credit the amounts so received to an account with the Administrative Agent designated by the Borrower, in the applicable Borrowing Request, or, if a Borrowing shall not occur on such date because any condition precedent herein specified shall not have been met, return the amounts so received to the applicable Swingline Lender.

Procedure for Swingline Borrowing; Refunding of Swingline Loans. (a) In order to request a Borrowing of Swingline Loans, Whenever the Borrower desires that the Swingline Lender make Swingline Loans it shall give the Swingline Lender and the Administrative Agent irrevocable notice, which may be given by (A) telephone or (B) by a Swingline Loan Notice; provided that any telephonic notice must be confirmed promptly in writing by delivery to the Swingline Lender and the Administrative Agent of a Swingline Loan Notice (which telephonic notice must be received by the Swingline Lender not later than 12:00 (noon)Noon, New York City time, on the day of the proposed BorrowingBorrowing Date), specifying (i) the amount to be borrowed and (ii) the date of such requested Borrowing Date (which shall be a Business DayDay during the Revolving Availability Period). The Each borrowing under the Swingline Loans comprising any Borrowing Commitment shall be in an aggregate principal amount that is (i) an integral equal to $500,000 or a whole multiple of $100,000 and not less in excess thereof. Not later than $500,000 or (ii) equal to 3:00 P.M., New York City time, on the then remaining Borrowing Date specified in a notice in respect of Swingline Commitment. The Loans, the Swingline Lender shall make each Swingline Loan available to be made by it hereunder the Borrower on the proposed date of such Borrowing thereof Date by wire transfer of immediately available funds to such a bank account designated in New York City as writing by the Borrower to the Administrative Agent may designate not later than 2:00 p.m., New York City time, and the Administrative Agent shall by 3:00 p.m., New York City time, credit the amounts so received to an account with the Administrative Agent designated by the Borrower, in the applicable Borrowing Request, or, if a Borrowing shall not occur on such date because any condition precedent herein specified shall not have been met, return the amounts so received to the Swingline LenderAgent.