Whenever the. Domestic Borrower desires to make a Borrowing of Domestic Revolving Loans (other than one resulting from a conversion or continuation pursuant to Section 2.02(d)), the Borrower Representative shall give the Administrative Agent prior written notice (or telephonic notice promptly confirmed in writing) of such Borrowing (a "Domestic Revolving Notice of Borrowing" in the form of Exhibit J attached) at the Payment Office (x) prior to 11:30 a.m. (Atlanta, Georgia time) on the date of such requested Borrowing in the case of Base Rate Loans and (y) prior to 11:30 a.m. (Atlanta, Georgia time) three (3) Business Days prior to the requested date of such Borrowing in the case of LIBOR Loans. Notices received after the times set forth above shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify each Domestic Revolving Lender upon its receipt of a Domestic Revolving Notice of Borrowing. Each Domestic Revolving Notice of Borrowing shall be irrevocable and shall specify (i) the aggregate principal amount of such Borrowing, (ii) the date of such Borrowing (which shall be a Business Day), (iii) whether such Borrowing is to consist of Base Rate Loans or LIBOR Loans, and (iv) in the case of LIBOR Loans, the Interest Period to be applicable thereto.
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Sources: Revolving Credit and Term Loan Agreement (Catalina Lighting Inc), Revolving Credit and Term Loan Agreement (Catalina Lighting Inc)