Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Commitments and of borrowings and optional prepayments of Loans shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 Borrowing of the Base Rate 1 Selection of a Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment same day Each such notice of termination or reduction shall specify the amount of the applicable Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice.
Appears in 2 contracts
Samples: Credit Agreement (Oceaneering International Inc), Credit Agreement (Oceaneering International Inc)
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 11:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 NUMBER OF BUSINESS DAYS PRIOR NOTICE Borrowing of at the Base Rate 1 Selection same day Repayment of a Base Rate Borrowing same day Borrowing at Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment Repayment of LIBOR Borrowing 3 prior to last day of the applicable 1 LIBOR Business Days Swing Line Borrowing and repayment same day Interest Period Letter of Credit issuance 3 Termination or Reduction of Revolving Loan Commitments 3 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in SECTION 3.3 hereof.
Appears in 2 contracts
Samples: Loan Agreement (Innovative Valve Technologies Inc), Loan Agreement (Innovative Valve Technologies Inc)
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 10:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Revolving Loan Commitments 3 5 Borrowings or prepayments of Swing Loans same day Revolving Loan repayment 1 Borrowing of at the Base Rate 1 Selection Letter of a Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment Credit issuance 5 Prepayments required pursuant to Section 3.2(b) same day Optional prepayment of Term Loan B 5 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 hereof.
Appears in 1 contract
Samples: Loan Agreement (Carrols Corp)
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 10:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice ------------ Termination or Reduction of Revolving Loan Commitments 3 5 Revolving Loan repayment 1 Borrowing of at the Base Rate 1 Selection Letter of a Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment Credit issuance 5 Prepayments required pursuant to Section 3.2(b) same day Optional prepayment of Term Loan 5 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 hereof.
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Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments or Advance Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 10:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Revolving Loan Commitments 3 and 5 Advance Loan Commitments Revolving Loan repayment 1 Borrowing of at the Base Rate 1 Selection Letter of a Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment Credit issuance 5 Prepayments required pursuant to Section 3.2(b) same day Optional prepayment of Advance Loan 5 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment or Advance Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 hereof.
Appears in 1 contract
Samples: Loan Agreement (Carrols Corp)
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Commitments and of borrowings and optional prepayments of Loans shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 Borrowing of the Base Rate 1 Selection of a Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment same day Each such notice of termination or reduction shall specify the amount of the applicable Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice.
Appears in 1 contract
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments or Advance Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 10:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Revolving Loan Commitments 3 and 5 Advance Loan Commitments Revolving Loan repayment 1 Borrowing of at the Base Rate 1 Selection Letter of a Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment Credit issuance 5 Prepayments required pursuant to Section 3.2(b) same day -------------- Optional prepayment of Advance Loan 5 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment or Advance Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 hereof.
Appears in 1 contract
Samples: Loan Agreement (Carrols Corp)
Certain Actions, Notices, Etc. Notices to the Agent of any termination or reduction of Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by the Agent not later than 12:00 noon central time 10:00 a.m. on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice NUMBER OF NOTICE BUSINESS DAYS PRIOR Termination or Reduction of Commitments 3 Loan repayment 1 5 Borrowing of at the Base Rate 1 Selection of a same day (as defined in the Interest Rate Annex) Borrowing at the Eurodollar Rate 3 LIBOR Eurodollar Business Days Prepayment (as Rate (as defined in the defined in the Interest Rate Interest Rate Annex) Annex) Letter of Base Rate Borrowing 1 Prepayment Credit issuance 5 Loan (other than a Dominion of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and Funds Loan) repayment same day Each such notice of termination or reduction shall specify the aggregate amount of the applicable Commitment Commitments to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). The Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate (as defined in the Interest Rate Annex) with respect to a Loan shall be subject to the advance notice requirements set forth in the Interest Rate Annex.
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Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 11:00 a.m. Charlotte time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Revolving Loan Commitments 3 5 Borrowings or prepayments of Swing Loans same day Revolving Loan repayment 1 Borrowing of at the Base Rate 1 Selection of a same day Borrowing at the Eurodollar Rate 3 LIBOR Business Days Prepayment Letter of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment Credit issuance 5 Prepayments required pursuant to Section 3.2(b) same day Optional prepayment of Term Loan 5 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the type (i.e., Revolving Loan, Term Loan or Swing Loan) of Loans to be borrowed or prepaid; in the case of any notice of borrowing, the Interest Option; in the case of any notice of a LIBOR Borrowing, the requested Interest Period; the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice.
Appears in 1 contract
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Commitments and of borrowings and optional prepayments of Loans shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 9:00 a.m., San Francisco, California time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 ----------------------- Borrowing of at the Base Rate 1 Selection Business Day Repayment of a Base Rate Borrowing 1 Business Day Borrowing at Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment Repayment of LIBOR Borrowing prior to last day of the applicable 3 LIBOR Business Days Swing Line Borrowing and repayment same day Interest Period Termination or Reduction of Commitments 2 Business Days (subject to any Funding Losses with respect to LIBOR Borrowings) 31 Each such notice of termination or reduction shall specify the amount of the applicable Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 hereof.
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Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 11:00 a.m., Houston, Texas time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 Borrowing of at the Base Rate 1 Selection Business Day Borrowings or prepayments of a same day Swing Loans Repayment of Base Rate Borrowing 1 Business Day Borrowing at Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment Repayment of LIBOR Borrowing prior to last day of the applicable 3 LIBOR Business Days Swing Line Borrowing and repayment same day Interest Period Letter of Credit issuance 5 Business Days Termination or Reduction of Commitments 2 Business Days (subject to any Funding Losses with respect to LIBOR Borrowings) Each such notice of termination or reduction shall specify the amount of the applicable Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 hereof.
Appears in 1 contract
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 11:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 NUMBER OF BUSINESS DAYS PRIOR NOTICE Borrowing of at the Base Rate 1 Selection same day Repayment of a Base Rate Borrowing same day Borrowing at Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment Repayment of LIBOR Borrowing 3 prior to last day of the applicable 1 LIBOR Business Days Swing Line Borrowing and repayment same day Interest Period Letter of Credit issuance 2 Termination or Reduction of Revolving Loan Commitments 3 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in SECTION 3.3 hereof.
Appears in 1 contract
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 11:00 a.m., Houston, Texas time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 Borrowing of at the Base Rate 1 Selection Business Day Borrowings or prepayments of a Swing Loans same day Repayment of Base Rate Borrowing 1 Business Day Borrowing at Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment Repayment of LIBOR Borrowing prior to last day of the applicable Interest Period 3 LIBOR Business Days Swing Line Borrowing and repayment same day Letter of Credit issuance 5 Business Days Termination or Reduction of Commitments 2 Business Days (subject to any Funding Losses with respect to LIBOR Borrowings Each such notice of termination or reduction shall specify the amount of the applicable Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 hereof.
Appears in 1 contract
Certain Actions, Notices, Etc. Notices to Agent of any termination ------------------------------ or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 10:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice ------------------------------------ Termination or Reduction of Revolving Loan Commitments 3 5 Borrowings or prepayments of same day Swing Loans Revolving Loan repayment 1 Borrowing of at the Base Rate 1 Selection Letter of a Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment Credit issuance 5 Prepayments required pursuant to Section 3.2(b) same day -------------- Optional prepayment of Term Loan 5 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 ----------- hereof.
Appears in 1 contract
Samples: Loan Agreement (Carrols Corp)
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 11:00 a.m., Houston, Texas time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 Borrowing of at the Base Rate 1 Selection Business Day Borrowings or prepayments of a same day Swing Loans Repayment of Base Rate Borrowing 1 Business Day Borrowing at Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment Repayment of LIBOR Borrowing prior to last day of the applicable 3 LIBOR Business Days Swing Line Borrowing and repayment same day Interest Period Letter of Credit issuance 5 Business Days Termination or Reduction of Commitments 2 Business Days (subject to any Funding Losses with respect to LIBOR Borrowings) Each such notice of termination or reduction shall specify the amount of the applicable Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in Section 3.3 hereof.
Appears in 1 contract
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 11:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice ----------------------- Termination or Reduction of Revolving Loan Commitments 3 5 Loan repayment 1 Same day Borrowing of at the Base Rate 1 Same day Letter of Credit issuance 2 Prepayments required pursuant to Section 3.2(b) Same day Selection of a Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment of LIBOR Borrowing 3 LIBOR Business Days Swing Line Borrowing and repayment same day Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice.
Appears in 1 contract
Samples: Loan Agreement (Hydril Co)
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans and requests for issuances of Letters of Credit shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 11:00 a.m. Houston time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 32 NUMBER OF BUSINESS DAYS PRIOR NOTICE ----------------------- Borrowing of at the Base Rate 1 Selection same day Repayment of a Base Rate Borrowing same day Borrowing at Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment Repayment of LIBOR Borrowing 3 prior to last day of the applicable Interest Period 1 LIBOR Business Days Swing Line Borrowing and repayment same day Letter of Credit issuance 3 Termination or Reduction of Revolving Loan Commitments 3 Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in SECTION 3.3 hereof.
Appears in 1 contract
Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Revolving Loan Commitments and of borrowings and optional prepayments of Loans shall be irrevocable and shall be effective only if received by Agent not later than 12:00 noon central 9:00 a.m., San Francisco, California time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or prepayment specified below: Number of Business Days Prior Notice Termination or Reduction of Commitments 3 Loan repayment 1 notice ------------ Borrowing of at the Base Rate 1 Selection same day Repayment of a Base Rate Borrowing same day Borrowing at Eurodollar Rate 3 LIBOR Business Days Prepayment of Base Rate Borrowing 1 Prepayment Repayment of LIBOR Borrowing 3 prior to last day of the applicable 1 LIBOR Business Days Swing Line Borrowing and repayment same day Interest Period Termination or Reduction of Revolving Loan Commitments 2 days Each such notice of termination or reduction shall specify the amount of the applicable Revolving Loan Commitment to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount of the Loans to be borrowed or prepaid and the date of borrowing or prepayment (which shall be a Business Day). Agent shall promptly notify the affected Lenders of the contents of each such notice. Any selection of a Eurodollar Rate with respect to a Loan shall be subject to the advance notice requirements set forth in SECTION 3.3 hereof.
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