Common use of Borrowing Procedure for Revolving Loans Clause in Contracts

Borrowing Procedure for Revolving Loans. (a) The Company shall request Revolving Loans by submitting a Notice of Borrowing to the Agent. The Notice of Borrowing must be received by the Agent (i) in the case of LIBOR Rate Loans, not later than 11 a.m., Milwaukee, Wisconsin time, on the date which is three Business Days prior to the requested Borrowing Date (which must be a Business Day) and (ii) in the case of Base Rate Loans, not later than 11 a.m., Milwaukee, Wisconsin time, on the requested Borrowing Date (which must be a Business Day). Each Notice of Borrowing must specify the amount of the requested Revolving Loans, the Type of requested Revolving Loans and, if the Company requests LIBOR Rate Loans, the applicable Interest Period. The aggregate amount of Revolving Loans made on each Borrowing Date shall be in a minimum amount of $500,000 and in integral multiples of $100,000 above such minimum. Each Notice of Borrowing shall be irrevocable and shall constitute a certification by the Company that the borrowing conditions specified in sections 4.2(b) and 4.2(c) will be satisfied on the specified Borrowing Date. The Agent will promptly notify the Lenders of the requested Revolving Loans. On or before 2 p.m., Milwaukee, Wisconsin time, on the specified Borrowing Date each Lender shall deposit its Percentage of the requested Revolving Loans with the Agent in immediately available funds. The Agent shall, on or before 3 p.m., Milwaukee, Wisconsin time, notify the Company if the Agent has not received each Lender's deposit of its Percentage of the requested Revolving Loan. On or before 3 p.m., Milwaukee, Wisconsin time, provided the Agent has received each Lender's Percentage of the requested Revolving Loan and upon fulfillment of the applicable borrowing conditions, the Agent shall deposit the Revolving Loans in the Company's account maintained with the Agent.

Borrowing Procedure for Revolving Loans. (a) The Company shall request Revolving Loans by submitting a Notice of Borrowing to the Agent. The Notice of Borrowing must be received by the Agent (i) in the case of requested Revolving Loans comprised of LIBOR Rate Loans, not later than 11 a.m., Milwaukee, Wisconsin time, on the date a Business Day which is three Business Days prior to the requested Borrowing Date (which must be a Business Day) and (ii) in the case of requested Revolving Loans comprised of Base Rate Loans, not later than 11 a.m., Milwaukee, Wisconsin time, on the requested Borrowing Date (which must be a Business Day). Each Notice of Borrowing must specify the amount of the requested Revolving Loans, the Type of requested Revolving Loans and, if the Company requests LIBOR Rate Loans, the applicable Interest Period. The aggregate amount of each type of Revolving Loans made on each Borrowing Date shall be in a minimum amount of $500,000 1,000,000 and in integral multiples of $100,000 above such minimum. Each Notice of Borrowing shall be irrevocable and shall constitute a certification by the Company that the borrowing conditions specified in sections 4.2(b4.3(b) and 4.2(c4.3(c) will be satisfied on the specified Borrowing Date. The Agent will promptly notify the Lenders of the requested Revolving Loans. On or before 2 3 p.m., Milwaukee, Wisconsin time, on the specified Borrowing Date each Lender shall deposit its Percentage of the requested Revolving Loans with the Agent in immediately available funds. The Agent shall, on or before 3 p.m., Milwaukee, Wisconsin time, notify the Company if the Agent has not received each Lender's deposit of its Percentage of the requested Revolving Loan. On or before 3 p.m., Milwaukee, Wisconsin time, provided the Agent has received each Lender's Percentage of the requested Revolving Loan and upon Upon fulfillment of the applicable borrowing conditions, the Agent shall deposit the Revolving Loans in the Company's account maintained with the AgentAgent or as the Company may otherwise direct in writing.

Borrowing Procedure for Revolving Loans. (a) The Company shall request Revolving Loans by submitting a Notice of Borrowing to the Agent. The Notice of Borrowing must be received by the Agent (i) in the case of requested Revolving Loans comprised of LIBOR Rate Loans, not later than 11 a.m., Milwaukee, Wisconsin time, on the date a Business Day which is three Business Days prior to the requested Borrowing Date (which must be a Business Day) and (ii) in the case of requested Revolving Loans comprised of Base Rate Loans, not later than 11 a.m., Milwaukee, Wisconsin time, on the requested Borrowing Date (which must be a Business Day). Each Notice of Borrowing must specify the amount of the requested Revolving Loans, the Type of requested Revolving Loans and, if the Company requests LIBOR Rate Loans, the applicable Interest Period. The aggregate amount of Revolving Base Rate Loans made on each Borrowing Date shall be in a minimum amount of $500,000 250,000 and in integral multiples of $100,000 above such minimum. The aggregate amount of LIBOR Rate Loans made on each Borrowing Date shall be in a minimum amount of $1,000,000 and in integral multiples of $100,000 above such minimum. Each Notice of Borrowing shall be irrevocable and shall constitute a certification by the Company that the borrowing conditions specified in sections 4.2(b4.3(b) and 4.2(c4.3(c) will be satisfied on the specified Borrowing Date. The Agent will promptly notify the Lenders of the requested Revolving Loans. On or before 2 3 p.m., Milwaukee, Wisconsin time, on the specified Borrowing Date each Lender shall deposit its Percentage of the requested Revolving Loans with the Agent in immediately available funds. The Agent shall, on or before 3 p.m., Milwaukee, Wisconsin time, notify the Company if the Agent has not received each Lender's deposit of its Percentage of the requested Revolving Loan. On or before 3 p.m., Milwaukee, Wisconsin time, provided the Agent has received each Lender's Percentage of the requested Revolving Loan and upon Upon fulfillment of the applicable borrowing conditions, the Agent shall deposit the Revolving Loans in the Company's ’s account maintained with the AgentAgent or as the Company may otherwise direct in writing.

Borrowing Procedure for Revolving Loans. (a) The Company shall request Revolving Loans by submitting a Notice of Borrowing to the Agent. The Notice of Borrowing must be received by the Agent (i) in the case of LIBOR Rate Loans, not later than 11 a.m., Milwaukee, Wisconsin time, on the date a Business Day which is three Business Days prior to the requested Borrowing Date (which must be a Business Day) and (ii) in the case of Base Rate Loans, not later than 11 a.m., Milwaukee, Wisconsin time, on the requested Borrowing Date (which must be a Business Day). Each Notice of Borrowing must specify the amount of the requested Revolving Loans, the Type of requested Revolving Loans and, if the Company requests LIBOR Rate Loans, the applicable Interest Period. The aggregate amount of each type of Revolving Loans made on each Borrowing Date shall be in a minimum amount of $500,000 1,000,000 and in integral multiples of $100,000 above such minimum. Each Notice of Borrowing shall be irrevocable and shall constitute a certification by the Company that the borrowing conditions specified in sections 4.2(b4.3(b) and 4.2(c4.3(c) will be satisfied on the specified Borrowing Date. The Agent will promptly notify the Lenders of the requested Revolving Loans. On or before 2 3 p.m., Milwaukee, Wisconsin time, on the specified Borrowing Date each Lender shall deposit its Percentage of the requested Revolving Loans with the Agent in immediately available funds. The Agent shall, on or before 3 p.m., Milwaukee, Wisconsin time, notify the Company if the Agent has not received each Lender's deposit of its Percentage of the requested Revolving Loan. On or before 3 p.m., Milwaukee, Wisconsin time, provided the Agent has received each Lender's Percentage of the requested Revolving Loan and upon Upon fulfillment of the applicable borrowing conditions, the Agent shall deposit the Revolving Loans in the Company's account maintained with the AgentAgent or as the Company may otherwise direct in writing.