Common use of Procedure for Term Loan Borrowings Clause in Contracts

Procedure for Term Loan Borrowings. The Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 11:00 A.M., Charlotte time, (a) not less than three Business Days prior to the Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the requested Borrowing Date), in the case of Eurodollar Loans, or (b) one Business Day prior to the Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the requested Borrowing Date), in the case of ABR Loans), requesting that the relevant Term Lenders make the relevant Term Loans on such date and specifying (i) the amount and Type of Term Loans to be borrowed and (ii) in the case of Eurodollar Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor. Upon receipt of such notice the Administrative Agent shall promptly notify each Term Lender thereof. Each relevant Term Lender will make the amount of its Term Loan available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 12:00 Noon, Charlotte time, on the relevant Borrowing Date in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the Borrower by the Administrative Agent crediting the account of the Borrower on the books of such office with the aggregate of the amounts made available to the Administrative Agent by such Term Lenders and in like funds as received by the Administrative Agent.

Procedure for Term Loan Borrowings. The Subject to the terms and conditions of this Agreement, the Borrower may borrow (i) under the Initial Term A Loan Commitments on the Effective Date (ii) under the Additional Term A Loan Commitments on any Business Day from the Effective Date until the termination of the Additional Term A Loan Commitments, (iii) under the Term B Commitments on the Effective Date, and (iv) under any Incremental Facility consisting of Incremental Term Commitments on the effective date of the relevant Incremental Loan Amendment therefor; provided in each case that the Borrower shall give the Administrative Agent an irrevocable notice (Notice of Borrowing, which notice Notice of Borrowing must be received by the Administrative Agent prior to 11:00 A.M., Charlotte Dallas, Texas time, (ai) not less than three Business Days prior to the Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the requested Borrowing Date), in if all or any part of the case of Borrowings are to be initially Eurodollar Loans, or (bii) one Business Day prior to the Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the requested Borrowing Date), in the case of ABR Loans)Date otherwise, requesting that the relevant Term Lenders Banks participating in such Borrowing make the relevant Term Loans on such the Effective Date or the effective date of the relevant Incremental Loan Amendment, as applicable, and specifying (iA) the aggregate amount and of the Borrowing, (B) the Class of Loans comprising such Borrowing, (C) the Type or Types of Term Loans comprising such Borrowing, and (D) if the Borrowing is to be borrowed and (ii) in the case of entirely or partly Eurodollar Loans, the respective amounts of each such Type Tranche (which shall be $1,000,000 or a whole multiple of Loan $500,000 in excess thereof) and the respective lengths of the initial Interest Period thereforPeriods therefor (subject to the provisions of the definition of Interest Period). Upon receipt of such notice a Notice of Borrowing with respect to a Borrowing under this Section 2.03(b), the Administrative Agent shall promptly notify each Term Lender thereof. Each relevant Term Lender will make the amount Bank of its Term Loan available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 12:00 Noon, Charlotte time, on the relevant Borrowing Date in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the Borrower by the Administrative Agent crediting the account of the Borrower on the books of such office with the aggregate of the amounts made available to the Administrative Agent by such Term Lenders and in like funds as received by the Administrative Agent.such

Procedure for Term Loan Borrowings. The Borrower shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 11:00 A.M., Charlotte time, (a) not less than three Business Days prior to the [Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the ]requested Borrowing Date[)], in the case of Eurodollar Loans, or (b) one Business Day prior to the [Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the ]requested Borrowing Date[)], in the case of ABR Loans), requesting that the relevant Term Lenders make the relevant Term Loans on such date and specifying (i) the amount and Type of Term Loans to be borrowed and (ii) in the case of Eurodollar Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor. Upon receipt of such notice the Administrative Agent shall promptly notify each Term Lender thereof. Each relevant Term Lender will make the amount of its Term Loan available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 12:00 Noon, Charlotte time, on the relevant Borrowing Date in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the Borrower by the Administrative Agent crediting the account of the Borrower on the books of such office with the aggregate of the amounts made available to the Administrative Agent by such Term Lenders and in like funds as received by the Administrative Agent.

Procedure for Term Loan Borrowings. The Subject to the terms ---------------------------------- and conditions of this Agreement, the Borrower may borrow under the Term Commitments on the Initial Borrowing Date and the Borrower may borrow under any Incremental Facility consisting of Incremental Term Commitments on the effective date of the relevant Incremental Loan Amendment therefor; provided that the Borrower shall give the Administrative Agent an -------- irrevocable notice (Notice of Borrowing, which notice Notice of Borrowing must be received by the Administrative Agent prior to 11:00 A.M., Charlotte Dallas, Texas time, (ai) not less than three Business Days prior to the Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the requested Borrowing Date), in if all or any part of the case of Borrowings are to be initially Eurodollar Loans, or (bii) one Business Day prior to the Amendment Effective Date (or, in the case of any Term Loan to be made after the Amendment Effective Date pursuant to Section 2.1(b), the requested Borrowing Date), in the case of ABR Loans)Date otherwise, requesting that the relevant Term Lenders Banks participating in such Borrowing make the relevant Term Loans on such the Initial Borrowing Date or the effective date of the relevant Incremental Loan Amendment, as applicable, and specifying (iA) the aggregate amount and of the Borrowing, (B) the Class of Loans comprising such Borrowing, (C) the Type or Types of Term Loans comprising such Borrowing, and (D) if the Borrowing is to be borrowed and (ii) in the case of entirely or partly Eurodollar Loans, the respective amounts of each such Type Tranche (which shall be $1,000,000 or a whole multiple of Loan $500,000 in excess thereof) and the respective lengths of the initial Interest Period thereforPeriods therefor (subject to the provisions of the definition of Interest Period). Upon receipt of such notice a Notice of Borrowing with respect to a Borrowing under this Section 2.03(b), the Administrative Agent shall promptly notify each Term Lender thereof--------------- relevant Bank of such Borrowing. Each relevant Term Lender Bank will make the amount of its pro rata share of each requested Borrowing made under the Term Loan Commitments and each relevant Incremental Term Bank will make its pro rata share of each requested Borrowing made under the applicable Incremental Facility, as applicable, available to the Administrative Agent for the account of the Borrower at the Funding Administrative Agent's Payment Office prior to 12:00 Noon1:00 P.M., Charlotte Dallas, Texas time, on the relevant requested Borrowing Date Date, in funds immediately available to the Administrative Agent. Such borrowing Unless any applicable condition of Article V has not been satisfied, the proceeds of such Borrowing or --------- Borrowings will then be made available to the Borrower by the Administrative Agent crediting by wire transfer in accordance with written instructions provided to the account of Administrative Agent by the Borrower on the books of such office with the aggregate of the amounts made available to the Administrative Agent by such the Term Lenders Banks and/or the relevant Incremental Term Banks, as applicable, and in like funds as received by the Administrative Agent.