Common use of Quote Request Clause in Contracts

Quote Request. When a Borrower wishes to request offers to make Uncommitted Advances as part of an Uncommitted Borrowing, the Company (on its own behalf or on behalf of a Designated Borrower) shall transmit to the Administrative Agent, by telecopier, a quote request substantially in the form of Exhibit C hereto (a "Quote Request") so as to be received no earlier than 9:00 A.M. (New York City time) and (x) no later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of Borrowing proposed therein, in the case of a Fixed Rate Auction, or (y) no later than 11:00 A.M. (New York City time) on the Business Day immediately preceding the proposed date of Borrowing proposed therein, in the case of a Floating Rate Auction, specifying: (i) the proposed date of Borrowing, which shall be a Business Day; (ii) the proposed Currency of such Borrowing and the proposed aggregate amount of such Borrowing, which shall be $10,000,000 or a larger whole multiple of $1,000,000 (or, in the case of an Uncommitted Borrowing denominated in an Alternate Currency, the Foreign Currency Equivalent thereof in such Alternate Currency, rounded to the nearest 1,000,000 units of such Alternate Currency); and (iii) the duration of the proposed Interest Period applicable thereto subject to the provisions of the definition of Interest Period. The Administrative Agent shall in turn promptly notify each Lender of each request for an Uncommitted Borrowing received by it from the Company by sending such Lender a copy of the related Quote Request. A Borrower may request offers to make Uncommitted Advances for more than one Interest Period in a single Quote Request. No Quote Request shall be given within five Business Days of any other Quote Request.

Quote Request. When a Borrower wishes to request offers to make Uncommitted Advances as part of an Uncommitted Borrowing, the Company (on its own behalf or on behalf of a Designated Borrower) shall transmit to the Administrative Agent, by telecopier, a quote request substantially in the form of Exhibit C hereto (a "“Quote Request"”) so as to be received no earlier than 9:00 A.M. (New York City time) and (x) no later than 11:00 A.M. (New York City time) on the third Business Day prior to the date of Borrowing proposed therein, in the case of a Fixed Rate Auction, or (y) no later than 11:00 A.M. (New York City time) on the Business Day immediately preceding the proposed date of Borrowing proposed therein, in the case of a Floating Rate Auction, specifying: (i) the proposed date of Borrowing, which shall be a Business Day; (ii) the proposed Currency of such Borrowing and the proposed aggregate amount of such Borrowing, which shall be $10,000,000 or a larger whole multiple of $1,000,000 (or, in the case of an Uncommitted Borrowing denominated in an Alternate Currency, the Foreign Currency Equivalent thereof in such Alternate Currency, rounded to the nearest 1,000,000 units of such Alternate Currency); and (iii) the duration of the proposed Interest Period applicable thereto subject to the provisions of the definition of Interest Period. The Administrative Agent shall in turn promptly notify each Lender of each request for an Uncommitted Borrowing received by it from the Company by sending such Lender a copy of the related Quote Request. A Borrower may request offers to make Uncommitted Advances for more than one Interest Period in a single Quote Request. No Quote Request shall be given within five Business Days of any other Quote Request.