Common use of Borrowings of Syndicated Loans Clause in Contracts

Borrowings of Syndicated Loans. The applicable Borrower shall give the Administrative Agent notice of each borrowing of Syndicated Loans as provided in Section 4.05 hereof. Not later than 1:00 p.m. Local Time on the date specified for each borrowing of Syndicated Loans, each Lender shall make available the amount of the Syndicated Loan or Loans to be made by it on such date to the Administrative Agent, at the Administrative Agent’s Account for the Currency in which such Loan is denominated, in immediately available funds, for account of the applicable Borrower. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the applicable Borrower by depositing the same, in immediately available funds, in an account of the applicable Borrower designated by the applicable Borrower.

Borrowings of Syndicated Loans. The applicable relevant Borrower shall give the Administrative Agent notice of each borrowing of Syndicated Loans hereunder as provided in Section 4.05 hereof. Not later than 1:00 p.m. Local Time New York time on the date specified for each borrowing of Syndicated LoansLoans hereunder, each Lender Bank shall make available the amount of the Syndicated Loan or Loans to be made by it on such date to an account of the Administrative Agent, at Agent most recently designated by it for such purposes by notice to the Administrative Agent’s Account for the Currency in which such Loan is denominatedBanks, in immediately available funds, for account of the applicable relevant Borrower. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the applicable relevant Borrower by depositing the same, in immediately available funds, in an account of such Borrower maintained with the applicable Borrower Person serving as the Administrative Agent at the Principal Office designated by the applicable such Borrower.

Borrowings of Syndicated Loans. The applicable A Borrower shall give the Administrative Agent (which shall promptly notify the Banks) notice of each borrowing of Syndicated Loans hereunder to be made to such Borrower as provided in Section 4.05 hereof. Not later than 1:00 p.m. Local Time New York time on the date specified for each borrowing of Syndicated LoansLoans hereunder, each Lender Bank shall make available the amount of the Syndicated Loan or Loans to be made by it on such date to the Administrative Agent, at an account designated by the Administrative Agent’s Account for Agent to the Currency in which such Loan is denominatedBanks, in immediately available funds, for account of the applicable Borrower. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the applicable Borrower by depositing the samesuch Borrower, in immediately available funds, in an to such account of as it shall specify to the applicable Borrower designated by the applicable Borrower.Administrative Agent. Five-Year Credit Agreement

Borrowings of Syndicated Loans. The applicable Borrower shall give the Administrative Agent notice of each borrowing of Syndicated Loans hereunder as provided in Section 4.05 hereof. Not later than 1:00 p.m. Local Time New York time on the date specified for each borrowing of Syndicated LoansLoans hereunder, each Lender Bank shall make available the amount of the Syndicated Loan or Loans to be made by it on such date to an account of the Administrative Agent, at Agent most recently designated by it for such purposes by notice to the Administrative Agent’s Account for the Currency in which such Loan is denominatedBanks, in immediately available funds, for account of the applicable Borrower. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the applicable Borrower by depositing the same, in immediately available funds, in an account of the applicable Borrower maintained with the Person serving as the Administrative Agent at the Principal Office designated by the applicable Borrower.