Common use of Borrowings Conversions and Prepayments Clause in Contracts

Borrowings Conversions and Prepayments. 3.01. PROCEDURE FOR US$ LOAN BORROWING, US$-CANADIAN LOAN BORROWING, TERM LOAN BORROWING AND MULTI-CURRENCY BORROWING. (a) The Company shall give the Administrative Agent or the Multi-Currency Payment Agent notice of each US$ Loan, US$-Canadian Loan, Multi-Currency Loan and Term Loan to be made hereunder as provided in Section 5.05 hereof. (b) Not later than 12:00 p.m. New York time on the date specified for each borrowing in Dollars hereunder, each US$ Lender, US$-Canadian Lender, Multi-Currency Lender or Term Lender shall make available the amount of the US$ Loan, US$-Canadian Loan or Term Loan to be made by it on such date to the Administrative Agent, at an account in New York, New York specified by the Administrative Agent, in immediately available funds, for account of the Company. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the Company by depositing the same, in immediately available funds, in an account of the Company designated by the Company and maintained with the Administrative Agent. (c) Not later than 11:00 a.m. London time on the date specified for each such borrowing hereunder, each Multi-Currency Lender or, if a US$-Canadian Loan is being made in Canadian Dollars, each US$-Canadian Lender, shall make available the amount of the Multi-Currency Loan or US$-Canadian Loan, as the case may be, to be made by it on such date to the Multi-Currency Payment Agent, at an account in London specified by the Multi-Currency Payment Agent, in immediately available funds, for account of the Company. The amount so received by the Multi-Currency Payment Agent shall, subject to the terms and conditions of this Agreement, be made available to the Company by depositing the same, in immediately available funds, in an account of the Company designated by the Company with the Administrative Agent.

Borrowings Conversions and Prepayments. 3.01. 3.1 PROCEDURE FOR US$ LOAN BORROWING, US$-CANADIAN LOAN BORROWING, TRANCHE A TERM LOAN BORROWING, TRANCHE B TERM LOAN BORROWING AND MULTI-CURRENCY BORROWING. (a) The Company Each Borrower shall give the Administrative Agent or the Multi-Currency Payment Agent notice of each US$ Loan, US$-Canadian Loan, Multi-Currency Multicurrency Loan, Tranche A Term Loan and Tranche B Term Loan to be made hereunder as provided in Section 5.05 hereof. (b) Not later than 12:00 p.m. New York time on the date specified for each borrowing in Dollars hereunder, each US$ Lender, US$-Canadian Lender, Multi-Currency Multicurrency Lender, Tranche A Term Lender or Tranche B Term Lender shall make available the amount of the US$ Loan, US$-Canadian Loan, Tranche A Term Loan or Tranche B Term Loan to be made by it on such date to the Administrative Agent, at an account in New York, New York specified by the Administrative Agent, in immediately available funds, for account of the Companysuch Borrower. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the Company Borrower by depositing the same, in immediately available funds, in an account of the Company Borrower designated by the Company Borrower and maintained with the Administrative AgentChase in New York, New York. (c) Not later than 11:00 a.m. London time on the date specified for each such borrowing hereunder, each Multi-Currency Multicurrency Lender or, if a US$-Canadian Loan is being made in Canadian Dollars, each US$-Canadian Lender, shall make available the amount of the Multi-Currency Multicurrency Loan or US$-Canadian Loan, as the case may be, to be made by it on such date to the Multi-Currency Payment Agent, at an account in London specified by the Multi-Currency Payment Agent, in immediately available funds, for account of the Companysuch Borrower. The amount so received by the Multi-Currency Payment Agent shall, subject to the terms and conditions of this Agreement, be made available to the Company Borrower by depositing the same, in immediately available funds, in an account of the Company Borrower designated by the Company with the Administrative AgentBorrower.

Borrowings Conversions and Prepayments. 3.01. 3.1 PROCEDURE FOR US$ LOAN BORROWING, US$-CANADIAN LOAN BORROWING, TERM LOAN BORROWING AND MULTI-CURRENCY BORROWINGBorrowing. (a) The Company Each Borrower shall give the Administrative Agent or the Multi-Currency Payment Agent notice of each US$ Loan, US$-Canadian Loan, Multi-Currency Loan and Term Dollar-denominated Multicurrency Loan to be made hereunder as provided in Section 5.05 hereof. (b) . Not later than 12:00 p.m. New York time on the date specified for each such borrowing in Dollars hereunder, each US$ Lender, US$-Canadian Lender, Multi-Currency Lender or Term Multicurrency Lender shall make available the amount of the US$ Loan, US$-Canadian Loan or Term Dollar-denominated Multicurrency Loan to be made by it on such date to the Administrative Agent, at an account in New York, New York specified by the Administrative Agent, in immediately available funds, for account of the Companysuch Borrower. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the Company Borrower by depositing the same, in immediately available funds, in an account of the Company Borrower designated by the Company Borrower and maintained with the Administrative AgentChase in New York, New York. (cb) Each Borrower shall give the Administrative Agent and the Multi-Currency Payment Agent notice of each Multicurrency Loan denominated in a currency other than Dollars to be made hereunder as provided in Section 5.05 hereof. Not later than 11:00 a.m. London time on the date specified for each such borrowing hereunder, each Multi-Currency Multicurrency Lender or, if a US$-Canadian Loan is being made in Canadian Dollars, each US$-Canadian Lender, shall make available the amount of the Multi-Currency Multicurrency Loan or US$-Canadian Loan, as the case may be, to be made by it on such date to the Multi-Currency Payment Agent, at an account in London specified by the Multi-Currency Payment Agent, in immediately available funds, for account of the Companysuch Borrower. The amount so received by the Multi-Currency Payment Agent shall, subject to the terms and conditions of this Agreement, be made available to the Company Borrower by depositing the same, in immediately available funds, in an account of the Company Borrower designated by the Company Borrower and maintained with the Administrative AgentChase in London.