Common use of Procedures for Loans Clause in Contracts

Procedures for Loans. Administrative Agent shall give written notice to each Lender of each request from Borrower for a Loan by facsimile transmission, hand delivery or overnight courier, not later than 11:00 a.m. (Boston time) two (2) Business Days prior to any Loan. Each such notice shall be accompanied by a written summary of the request for a Loan and shall specify a) the date of the requested Loan, (b) the aggregate amount of the requested Loan, (c) each Lender’s pro rata share of the requested Loan, and (d) the applicable interest rate selected by Borrower with respect to such Loan, or any portion thereof, together with the applicable Interest Period, if any, selected, or deemed selected, by Borrower. Each Lender shall, before 11:00 a.m. (Boston time) on the date set forth in any such request for a Loan, make available to Administrative Agent, at an account to be designated by Administrative Agent at KeyBank National Association in same day funds, each Lender’s ratable portion of the requested Loan. After Administrative Agent’s receipt of such funds and upon Administrative Agent’s determination that the applicable conditions to making the requested Loan have been fulfilled, Administrative Agent shall make such funds available to Borrower as provided for in this Agreement. Within a reasonable period of time following the making of each Loan, but in no event later than ten (10) Business Days following such Loan, Administrative Agent shall deliver to each Lender a copy of Borrower’s request for such Loan. Promptly after receipt by Administrative Agent of written request from any Lender, Administrative Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of Borrower to Administrative Agent in support of the requested Loan.

Procedures for Loans. Administrative Agent shall give written notice to each Lender of each request from Borrower for a Loan by facsimile transmission, hand delivery or overnight courier, not later than 11:00 a.m. (Boston time) two three (23) Business Days prior to any Loan. Each such notice shall be accompanied by a written summary of the request for a Loan and shall specify a) the date of the requested Loan, (b) the aggregate amount of the requested Loan, (c) each Lender’s pro rata share of the requested Loan, and (d) the applicable interest rate selected by Borrower with respect to such Loan, or any portion thereof, together with the applicable Interest Period, if any, selected, or deemed selected, by Borrower. Each Lender shall, before 11:00 a.m. (Boston time) on the date set forth in any such request for a Loan, make available to Administrative Agent, at an account to be designated by Administrative Agent at KeyBank National Association in same day funds, each Lender’s ratable portion of the requested Loan. After Administrative Agent’s receipt of such funds and upon Administrative Agent’s determination that the applicable conditions to making the requested Loan have been fulfilled, Administrative Agent shall make such funds available to Borrower as provided for in this Agreement. Within a reasonable period of time following the making of each Loan, but in no event later than ten (10) Business Days following such Loan, Administrative Agent shall deliver to each Lender a copy of Borrower’s request for such Loan. Promptly after receipt by Administrative Agent of written request from any Lender, Administrative Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of Borrower to Administrative Agent in support of the requested Loan.

Procedures for Loans. Administrative Agent shall give written notice to each Lender of Administrative Agent’s receipt of each request from Borrower for a Loan Warehousing Advance Request by facsimile transmission, hand delivery or overnight courier, not later than 11:00 a.m. (Boston time) two (2i) three (3) Business Days prior to any LoanWarehousing Advance. Each such notice shall be accompanied by a written summary of the request for a Loan and shall specify (a) the date of on which Borrower desires the requested LoanWarehousing Advance be funded, (b) the aggregate amount of the requested LoanWarehousing Advance, and (c) each Lender’s pro rata share Commitment Percentage of the requested LoanWarehousing Advance. To the extent each Lender has determined to make a requested Warehousing Advance in its discretion, and (d) the applicable interest rate selected by Borrower with respect to such Loanas noted in Section 2.2 of this Agreement, or any portion thereof, together with the applicable Interest Period, if any, selected, or deemed selected, by Borrower. Each each Lender shall, before 11:00 a.m. (Boston time) on the date set forth in any such request for a Loan, make available to Administrative Agent, at an account to be designated by Administrative Agent at KeyBank National Association Bank of America, N.A. in Boston, Massachusetts, in same day funds, each Lender’s ratable portion Commitment Percentage of the requested LoanWarehousing Advance. After Administrative Agent’s receipt of such funds and upon Administrative Agent’s determination that the applicable conditions to making the requested Loan Warehousing Advance have been fulfilled, Administrative Agent shall make such funds available to Borrower as provided for in this Agreement. Within a reasonable period of time following the making of each Loan, but in no event later than ten (10) Business Days following such Loan, Administrative Agent shall deliver to each Lender a copy of Borrower’s request for such Loan. Promptly after receipt by Administrative Agent of written request from any Lender, Administrative Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of Borrower to Administrative Agent in support of the requested Loan.

Procedures for Loans. Administrative Agent shall give written notice to each Lender of each request from Borrower for a Loan, or conversion of an existing Loan from a Variable Rate Advance to an Effective LIBO Rate Advance, by facsimile transmission, hand delivery or overnight courier, not later than 11:00 a.m. (Boston time) (i) two (2) Business Days prior to any LoanEffective LIBO Rate Advance or conversion to an Effective LIBO Rate Advance, or (ii) one (1) Business Day prior to any Variable Rate Advance. Each such notice shall be accompanied by a written summary of the request for a Loan and shall specify (a) the date of the requested Loan, (b) the aggregate amount of the requested Loan, (c) each Lender’s 's pro rata share of the requested Loan, and (d) the applicable interest rate selected by Borrower with respect to such Loan, or any portion thereof, together with the applicable Interest Period, if any, selected, or deemed selected, by Borrower. Each Lender shall, before 11:00 a.m. (Boston time) on the date set forth in any such request for a Loan, make available to Administrative Agent, at an account to be designated by Administrative Agent at KeyBank Fleet National Association Bank in Boston, Massachusetts, in same day funds, each Lender’s 's ratable portion of the requested Loan. After Administrative Agent’s 's receipt of such funds and upon Administrative Agent’s 's determination that the applicable conditions to making the requested Loan have been fulfilled, Administrative Agent shall make such funds available to Borrower as provided for in this Loan Agreement. Within a reasonable period of time following the making of each Loan, but in no event later than ten (10) Business Days following such Loan, Administrative Agent shall deliver to each Lender a copy of Borrower’s 's request for such Loan. Promptly after receipt by Administrative Agent of written request from any Lender, Administrative Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of Borrower to Administrative Agent in support of the requested Loan.

Procedures for Loans. The Administrative Agent shall give written notice to each Lender of each request from Borrower for a Loan Revolving Loan, or Conversion of an existing Loan, by facsimile transmission, hand delivery or overnight courier, not later than 11:00 a.m. 1:00 p.m. (Boston time) two (2i) three (3) Business Days prior to any the making of a Revolving Loan which is a Eurodollar Rate Loan or conversion of a Loan into a Eurodollar Rate Loan, or (ii) one (1) Business Day prior to the making of a Revolving Loan which is a Base Rate Loan or conversion of a Loan into a Base Rate Loan. Each such notice shall be accompanied by a written summary of the request for a Loan and shall specify (a) the date of the requested Loan, (b) the aggregate amount of the requested Loan, (c) each Lender’s 's pro rata share of the requested Loan, and (d) the applicable interest rate selected by Borrower the Borrowers with respect to such Loan, or any portion thereof, together with the applicable Interest Period, if any, selected, or deemed selected, by Borrowersuch Borrowers. Each Lender shall, before 11:00 a.m. 12:00 noon (Boston time) on the date set forth in any such request for a Loan, make available to the Administrative Agent, at an account to be designated by the Administrative Agent at KeyBank National Association Fleet in Boston, Massachusetts, in same day funds, each Lender’s 's ratable portion of the requested Loan. After the Administrative Agent’s 's receipt of such funds (or, if the Administrative Agent so elects at its discretion, as otherwise provided in "14.2(f) below) and upon the Administrative Agent’s 's determination that the applicable conditions to making the requested Loan have been fulfilled, the Administrative Agent shall make such funds available to Borrower the Borrowers as provided for in this Agreement. Within a reasonable period of time following the making of each Loan, but in no event later than ten (10) Business Days following such Loan, the Administrative Agent shall deliver to each Lender a copy of Borrower’s the Borrowers' request for such Loan. Promptly after receipt by the Administrative Agent of written request from any Lender, the Administrative Agent shall deliver to the requesting Lender the accompanying certifications and such other instruments, documents, certifications and approvals delivered by or on behalf of Borrower Borrowers to the Administrative Agent in support of the requested Loan." 2.7. AMENDMENT OF SECTION 14.2(c). Section 14.2(c) of the Credit Agreement is amended read in its entirety as follows: