Procedure for Term Borrowings Clause Samples

Procedure for Term Borrowings. The Company shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 1:00 p.m., New York City time, (i) three Business Days prior to the requested date of any Term Borrowing in the case of a Eurocurrency Borrowing, and (ii) one Business Day prior to the requested date of any Term Borrowing in the case of an ABR Borrowing) requesting that the Term Lenders make the Term Loans on the Closing Date and setting forth the related information of the types set forth in clauses (ii) through (v) of Section 2.03(a); provided that, any notice of a Eurocurrency Borrowing on the Closing Date shall be accompanied by a funding indemnity letter satisfactory to the Administrative Agent in its reasonable discretion.

Procedure for Term Borrowings. The Company shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 1:00 p.m., New York City time, (i) three Business Days prior to the requested date of any Term Borrowing in the case of a Eurocurrency Borrowing, and (ii) one Business Day prior to the requested date of any Term Borrowing in the case of an ABR Borrowing) requesting that (x) the Closing Date Term Lenders make the Closing Date Term Loans on the Closing Date and (y) the 2016 Term Lenders make the 2016 Term Loans on the Business Day requested during the 2016 Term Availability Period, in each case, setting forth the related information of the types set forth in clauses (ii) through (v) of Section 2.03(a); provided that, any notice of a Eurocurrency Borrowing on the Closing Date shall be accompanied by a funding indemnity letter satisfactory to the Administrative Agent in its reasonable discretion.

Procedure for Term Borrowings. The Company shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 1:00 p.m., New York City time, (i) three Business Days prior to the requested date of any Term Borrowing in the case of a Eurocurrency Borrowing, and (ii) one Business Day prior to the requested date of any Term Borrowing in the case of an ABR Borrowing) requesting that (x) the Term A1 Lenders make the Term A1 Loans on the Closing Date and (y) the Term A2 Lenders make the Term A2 Loans on the Closing Date, in each case, setting forth the related information of the types set forth in clauses (ii) through (v) of Section 2.03(a); provided that any notice of a Eurocurrency Borrowing on the Closing Date shall be accompanied by a funding indemnity letter satisfactory to the Administrative Agent in its reasonable discretion.

Procedure for Term Borrowings. The Company shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 1:00 p.m., New York City time, (i) three Business Days prior to the requested date of any Term Borrowing in the case of a Eurocurrency Borrowing, and (ii) one Business Day prior to the requested date of any Term Borrowing in the case of an ABR Borrowing) requesting that (x) with respect to the Additional Term A1 Loans, the applicable Term A1 Lenders make the Additional Term A1 Loans on the First Amendment Effective Date and (y) with respect to any Incremental Term Loan, the applicable Term Lender make an Incremental Term Loan on the date set forth in the Incremental Agreement, in each case, setting forth the related information of the types set forth in clauses (ii) through (v) of Section 2.03(a); provided that any notice of a Eurocurrency Borrowing on the Closing Date shall be accompanied by a funding indemnity letter satisfactory to the Administrative Agent in its reasonable discretion.