Common use of Borrowing Mechanics for Term Loans Clause in Contracts

Borrowing Mechanics for Term Loans. (i) In the case of Term Loans (other than Additional Term Loans), Company shall deliver to Administrative Agent a fully executed and delivered Funding Notice no later than 10:00 a.m. (New York City time) at least (x) three (3) Business Days in advance of the Closing Date in the case of a Eurodollar Rate Loan to be made on the Closing Date or (y) one (1) Business Day in advance of the Closing Date in the case of a Base Rate Loan to be made on the Closing Date. Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing. In the case of Additional Term Loans, the borrowing procedures are set forth in the Term Loan Joinder Agreement.

Borrowing Mechanics for Term Loans. (i) In the case of Term Loans (other than Additional Term Loans), Company The Borrower shall deliver to the Administrative Agent a fully executed and delivered Funding Notice no later than (x) 10:00 a.m. (New York City time) at least (x) three (3) on a date that is one Business Days in advance of Day prior to the Closing Date in the case of with respect to Base Rate Loans and (y) 10:00 a.m. (New York City time) on a Eurodollar Rate Loan date that is three Business Days prior to be made on the Closing Date or with respect to Eurodollar Rate Loans (y) one (1) Business Day or, in advance of the Closing Date in the case of a Base Rate Loan either case, such shorter period as may be acceptable to be made on the Closing DateAdministrative Agent). Promptly upon receipt by the Administrative Agent of such Funding Notice, the Administrative Agent shall notify each Lender of the proposed borrowing. In the case of Additional Term Loans, the borrowing procedures are set forth in the Term Loan Joinder Agreement.

Borrowing Mechanics for Term Loans. (ia) In the case of Term Loans (other than Additional Term Loans), Company Borrowers shall deliver to Administrative Agent a fully executed and delivered Funding Notice no later than 10:00 a.m. (New York City timei) in the case of Initial Term Loans, one Business Day prior to the Closing Date or (ii) in the case of any borrowing of Delayed Draw Term Loans, at least (x) three (3) Business Days in advance of the Closing proposed Credit Date in the case of a Eurodollar Rate Loan to be made on the Closing Date or (y) Loan, and at least one (1) Business Day in advance of the Closing proposed Credit Date in the case of a Base Rate Loan to be made on the Closing DateLoan. Promptly upon receipt by Administrative Agent of any such Funding Notice, Administrative Agent shall notify each Lender of the proposed borrowing. In the case of Additional Term Loans, the borrowing procedures are set forth in the Term Loan Joinder Agreement.