CAF Advances. 35 4.2 Procedure for CAF Advance Borrowing............................. 35 4.3 CAF Advance Payments............................................ 38 4.4
CAF Advances. Subject to the terms and conditions of this Agreement, the Borrower may borrow CAF Advances from time to time on any Business Day during the CAF Advance Availability Period. CAF Advances may be borrowed in amounts such that the aggregate principal amount of all Loans outstanding at any time shall not exceed the aggregate amount of the Commitments at such time. Within the limits and on the conditions hereinafter set forth with respect to CAF Advances, the Borrower may from time to time borrow, repay and reborrow CAF Advances.
CAF Advances. Subject to the terms and conditions of this Agreement, the Borrower may borrow CAF Advances from time to time on any Business Day during the CAF Advance Availability Period. LIBO Rate CAF Advances may be denominated in Dollars or a lawful eurocurrency that is (x) readily available and freely transferable and convertible into dollars, (y) available in the London interbank deposit market and (z) agreed to by the Administrative Agent and the bidding Lender. CAF Advances may be borrowed in amounts such that the amount of Aggregate Total Outstandings of all Lenders at any time shall not exceed the Aggregate Revolving Credit Commitments at such time. Within the limits and on the conditions hereinafter set forth with respect to CAF Advances, the Borrower from time to time may borrow, repay and request new CAF Advances.
CAF Advances. Subject to the terms and conditions of this Agreement, the Borrowers or any one or more of them may borrow CAF Advances from time to time during the CAF Advance Availability Period on any Business Day. The Company shall, in consultation with the CAF Advance Agent, designate Lenders from time to time as CAF Advance Lenders by written notice to the CAF Advance Agent. The CAF Advance Agent shall transmit each such notice of designation promptly to each designated CAF Advance Lender. CAF Advances shall be borrowed in amounts such that the aggregate amount of Advances outstanding at any time shall not exceed the aggregate amount of the Commitments at such time. Any CAF Advance Lender may make CAF Advances in amounts which, individually and together with the aggregate amount of other Advances of such CAF Advance Lender, exceed such CAF Advance Lender's Commitment, and such CAF Advance Lender's CAF Advances shall not be deemed to utilize such CAF Advance Lender's Commitment. Within the limits and on the conditions hereinafter set forth with respect to CAF Advances, the Borrowers from time to time may borrow, repay and reborrow CAF Advances.
CAF Advances. Subject to the terms and conditions of this Agreement, the U.S. Borrower may borrow CAF Advances in U.S. Dollars from time to time on any Business Day during the CAF Advance Availability Period. CAF Advances may be borrowed in amounts such that the Aggregate Total Outstandings of all Lenders at any time shall not exceed the Aggregate U.S. Revolving Credit Commitments at such time. Within the limits and on the conditions hereinafter set forth with respect to CAF Advances, the U.S. Borrower from time to time may borrow, repay and reborrow CAF Advances.
CAF Advances. 20 SECTION 2.5 Procedure for CAF Advance Borrowings.............................................20 SECTION 2.6 CAF Advance Payments.............................................................24 SECTION 2.7 Evidence of Debt.................................................................24 SECTION 2.8 Fees.............................................................................25 SECTION 2.9 Reduction of the Commitments.....................................................25 SECTION 2.10 Repayment of Advances...........................................................26 SECTION 2.11 Interest on Revolving Credit Advances...........................................26 SECTION 2.12 Additional Interest on Eurodollar Rate Advances.................................26 SECTION 2.13 Interest Rate Determination.....................................................27 SECTION 2.14 Voluntary Conversion of Advances................................................28 SECTION 2.15
CAF Advances. 18 2.7 Procedure for CAF Advance Borrowing.............................18 2.8 Repayment of CAF Advances.......................................21 2.9 Certain Restrictions with Respect to CAF Advances...............21
CAF Advances. 21 SECTION 2.5 Procedure for CAF Advance Borrowings.................. 21 SECTION 2.6 CAF Advance Payments.................................. 25 SECTION 2.7 Evidence of Debt...................................... 26 SECTION 2.8 Fees.................................................. 26 SECTION 2.9 Reduction of the Commitments.......................... 27 SECTION 2.10
CAF Advances. 21 SECTION 2.5 Procedure for CAF Advance Borrowings . . . . . .
CAF Advances. (a) The Borrower may borrow CAF Advances from time to time on any Business Day during the period from the Closing Date until the date occurring 14 days prior to the Termination Date in the manner set forth in this subsection 2.4 and in amounts such that the aggregate amount of Revolving Credit Loans and CAF Advances outstanding at any time shall not exceed the aggregate amount of the Commitments at such time. Prior to the Closing Date, the Borrower will have borrowed existing CAF Advances as set forth on Schedule IV. As of the Closing Date, such existing CAF Advances shall be deemed to be CAF Advances under this Agreement.
(i) The Borrower shall request CAF Advances by delivering a CAF Advance Request to the Administrative Agent, not later than 12:00 Noon (New York City time) four Business Days prior to the proposed Borrowing Date (in the case of a LIBOR Rate CAF Advance Request), and not later than 10:00 A.M. (New York City time) one Business Day prior to the proposed Borrowing Date (in the case of a Fixed Rate CAF Advance Request). Each CAF Advance Request may solicit bids for CAF Advances in an aggregate principal amount of $5,000,000 or increments of $1,000,000 in excess thereof and for not more than three alternative maturity dates for such CAF Advances. The maturity date for each CAF Advance shall be not less than 7 days nor more than 360 days after the Borrowing Date therefor (and in any event not after the Termination Date). The Administrative Agent shall promptly notify each Lender by facsimile transmission of the contents of each CAF Advance Request received by it.
(ii) In the case of a LIBOR Rate CAF Advance Request, upon receipt of notice from the Administrative Agent of the contents of such CAF Advance Request, any Lender that elects, in its sole discretion, to do so, shall irrevocably offer to make one or more CAF Advances at the LIBOR Rate plus or minus a margin determined by such Lender in its sole discretion for each such CAF Advance. Any such irrevocable offer shall be made by delivering a CAF Advance Offer to the Administrative Agent, before 10:30 A.M. (New York City time) three Business Days before the proposed Borrowing Date, setting forth the maximum amount of CAF Advances for each maturity date, and the aggregate maximum amount for all maturity dates, which such Lender would be willing to make (which amounts may, subject to subsection 2.4(a), exceed such Lender's Commitment) and the margin above or below the LIBOR Rate at which such ...
