Common use of Procedures for Advances Clause in Contracts

Procedures for Advances. Agent shall give written notice to each Lender of each request for a Advance by facsimile transmission, hand delivery or overnight courier on the same Business Day as received from the Borrower pursuant to Section 2.2. Each such notice shall be accompanied by a written summary of the request for a Advance and shall specify (i) the date of the requested Advance, (ii) the aggregate amount of the requested Advance, and (iii) each Lender’s pro rata share of the requested Advance. Each Lender shall, before 11:00 a.m. (Boston time) on the date set forth in any such request for a Advance, make available to Agent, at an account to be designated by Agent at Bank of America, N.A. in Boston, Massachusetts, in same day funds, each Lender’s ratable portion of the requested Advance. After Agent’s receipt of such funds and upon Agent’s determination that the applicable conditions to making the requested Advance have been fulfilled, Agent shall make such funds available to the Borrower as provided for in this Agreement. Within a reasonable period of time following the making of each Advance, Agent shall deliver to each Lender a copy of the Borrower’s request for such Advance. Promptly after receipt by Agent of written request from any Lender, Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of the Borrower to Agent in support of the requested Advance.

Procedures for Advances. (a) The Agent shall give written notice to each Lender of each request for a an Advance by facsimile transmission, electronic mail or hand delivery or overnight courier on the same Business Day as received from the Borrower pursuant to Section 2.22.3.1. Each such notice shall be accompanied by a written summary of the request for a an Advance and shall specify (i) the date of the requested Advance, (ii) the aggregate amount of the requested Advance, and (iii) each Lender’s pro rata share of the requested Advance. Each Lender shall, before 11:00 a.m. (Boston time) on the date set forth in any such request for a an Advance, make available to the Agent, at an account to be designated by the Agent at Bank of America, N.A. in Boston, Massachusetts( or at such other financial institution as the Agent may designate from time to time), in same day funds, each Lender’s ratable portion of the requested Advance. After the Agent’s receipt of such funds and upon the Agent’s determination that the applicable conditions to making the requested Advance have been fulfilled, the Agent shall make such funds available to the Borrower as provided for in this Agreement. Within a reasonable period of time following the making of each Advance, the Agent shall deliver to each Lender a copy of the Borrower’s request for such Advance. Promptly after receipt by the Agent of written request from any Lender, the Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of the Borrower to the Agent in support of the requested Advance.

Procedures for Advances. Agent shall give written notice to each Lender of each request for a an Advance by facsimile transmission, electronic mail or hand delivery or overnight courier on the same Business Day as received from the Borrower Borrowers pursuant to Section 2.22.3.1. Each such notice shall be accompanied by a written summary of the request for a an Advance and shall specify (ia) the date of the requested Advance, (iib) the aggregate amount of the requested Advance, and (iiic) each Lender’s pro rata share of the requested Advance. Each Lender shall, before 11:00 a.m. (Boston Eastern time) on the date set forth in any such request for a an Advance, make available to Agent, at an account to be designated by Agent at Bank of America, N.A. in Boston, MassachusettsN.A., in same day funds, each Lender’s ratable portion of the requested Advance. After Agent’s receipt of such funds and upon Agent’s determination that the applicable conditions to making the requested Advance have been fulfilled, Agent shall make such funds available to the Borrower Borrowers as provided for in this Agreement. Within a reasonable period of time following the making of each Advance, Agent shall deliver to each Lender a copy of the Borrower’s Borrowers’ request for such Advance. Promptly after receipt by Agent of written request from any Lender, Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of the Borrower Borrowers to Agent in support of the requested Advance.

Procedures for Advances. (a) The Agent shall give written notice to each Lender of each request for a an Advance by facsimile transmission, electronic mail or hand delivery or overnight courier on the same Business Day as received from the Borrower Borrowers pursuant to Section 2.22.3.1. Each such notice shall be accompanied by a written summary of the request for a an Advance and shall specify (i) the date of the requested Advance, (ii) the aggregate amount of the requested Advance, and (iii) each Lender’s pro rata share of the requested Advance. Each Lender shall, before 11:00 a.m. (Boston Eastern time) on the date set forth in any such request for a an Advance, make available to the Agent, at an account to be designated by the Agent at Bank of America, N.A. in Boston, MassachusettsN.A., in same day funds, each Lender’s ratable portion of the requested Advance. After the Agent’s receipt of such funds and upon the Agent’s determination that the applicable conditions to making the requested Advance have been fulfilled, the Agent shall make such funds available to the Borrower Borrowers as provided for in this Agreement. Within a reasonable period of time following the making of each Advance, the Agent shall deliver to each Lender a copy of the Borrower’s Borrowers’ request for such Advance. Promptly after receipt by the Agent of written request from any Lender, the Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of the Borrower Borrowers to the Agent in support of the requested Advance.