Common use of Certain Actions, Notices, Etc Clause in Contracts

Certain Actions, Notices, Etc. Notices to Agent of any termination or reduction of Commitments, of borrowings and prepayments, conversions and continuations of Loans and of the duration of Interest Periods shall be irrevocable and shall be effective only if received by Agent not later than 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 repayment, conversion or continuance specified below: Number of Business Notice Days Prior Termination or Reduction of Commitments 2 Borrowing or prepayment of or conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of or conversion into or continuance of Eurodollar Loans 3 Each such notice of termination or reduction shall specify the amount of the Commitments to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount and Type of the Loans to be borrowed or prepaid (subject to Sections 3.2(a) and 5.4 hereof), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion of a Loan into a Loan of another Type shall identify such Loan (or portion thereof) being converted and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and the date for conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation of a Loan (or portion thereof) as the same Type of Loan shall identify such Loan (or portion thereof) being continued (subject to Section 5.4 hereof) and, unless such Loan is an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. Agent shall promptly notify the affected Banks of the contents of each such notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 hereof shall control the time periods applicable to Competitive Loans.

Certain Actions, Notices, Etc. Notices to Administrative Agent of any termination or reduction of Commitments, of borrowings and prepayments, conversions and continuations of Loans and of the duration of Interest Periods shall be irrevocable and shall be effective only if received by Administrative Agent not later than 11:00 a.m. a.m., Houston, Texas time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or repayment, conversion or continuance specified below: Notice Number of Business Notice Days Prior ------ ----------------------------- Termination or Reduction of 2 Commitments 2 Borrowing or prepayment of or same day conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of or 3 conversion into or continuance of Eurodollar Loans 3 =============================================== ========================================= Each such notice of termination or reduction shall specify the amount of the Commitments to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount and Type of the Loans to be borrowed or prepaid (subject to Sections 3.2(a) and 5.4 hereof), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion of a Loan into a Loan of another Type shall identify such Loan (or portion thereof) being converted and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and the date for conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation of a Loan (or portion thereof) as the same Type of Loan shall identify such Loan (or portion thereof) being continued (subject to Section 5.4 hereof) and, unless such Loan is an Alternate Base Rate Loan, and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. Administrative Agent shall promptly notify the affected Banks of the contents of each such notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 2.9 hereof shall control the time periods applicable to Competitive Loans.

Certain Actions, Notices, Etc. Notices to the Agent of any termination or reduction of Commitmentsthe Aggregate Commitment, of borrowings and prepayments, conversions and continuations prepayments of Loans and of the duration of Interest Periods Periods, each Request for Extension of Credit and each Rate Designation Notice shall be irrevocable and shall be effective only if received by the Agent not later than 11:00 a.m. Houston, Texas time 12:00 noon (1:00 p.m. in the case of a Request for Extension of Credit or Rate Designation Notice related to a Eurodollar Loan) on the day that is the applicable number of Business Days prior to the date of the relevant termination, reduction, issuance, borrowing and/or repayment, conversion or continuance prepayment specified below: Number of Business Notice Days Prior Notice ------------------ Termination or Reduction reduction of Commitments 2 Aggregate Commitment 5 Borrowing or prepayment of or conversion Conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of or conversion Conversion into or continuance Continuation of Eurodollar Loans 3 Issuance of Letter of Credit 3 Prepayments required pursuant to Section 3.2(b) 1 Each such notice of termination or reduction shall specify the amount of TO which the Commitments Aggregate Commitment is to be terminated or reduced. Each such notice of borrowing prepayment or prepayment Request for Extension of Credit shall specify the amount and Type of the such Loans to be borrowed or prepaid (subject to Sections 3.2(a) 3.2 and 5.4 hereof5.4), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion Rate Designation Notice with respect to a Conversion of a Loan into a Loan (or portion thereof) shall specify the amount and Type of another Type shall identify such the Loan (or portion thereof) being converted converted, the amount and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and 5.4), the date for conversion Conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation of a Loan (or portion thereof) as the same Type of Loan shall identify such Loan (or portion thereof) being continued (subject to Section 5.4 hereof) and, unless such Loan is an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. Agent shall promptly notify the affected Banks of the contents of each such notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 hereof shall control the time periods applicable to Competitive Loans.is

Certain Actions, Notices, Etc. Notices to Administrative Agent of any termination or reduction of Commitments, of borrowings and prepayments, conversions and continuations of Loans and of the duration of Interest Periods shall be irrevocable and shall be effective only if received by Administrative Agent not later than 11:00 a.m. Houstonnoon, Texas New York, New York time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or repaymentprepayment, conversion or continuance specified below: ================================================ ======================================= Notice Number of Business Notice Days Prior ------------------------------------------------ --------------------------------------- Termination or Reduction of Commitments 2 ------------------------------------------------ --------------------------------------- Borrowing or prepayment of or conversion into or continuance of same day Alternate Base Rate Loans same day ------------------------------------------------ --------------------------------------- Borrowing or prepayment of or conversion into 3 or continuance of Eurodollar Loans 3 ================================================ ======================================= Each such notice of termination or reduction shall specify the amount of the Commitments to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount and Type of the Loans to be borrowed or prepaid (subject to Sections 3.2(a) and 5.4 hereof), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion of a Loan into a Loan of another Type shall identify such Loan (or portion thereof) being converted and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and the date for conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation of a Loan (or portion thereof) as the same Type of Loan shall identify such Loan (or portion thereof) being continued (subject to Section 5.4 hereof) and, unless such Loan is an Alternate Base Rate Loan, and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. Administrative Agent shall promptly notify the affected Banks of the contents of each such notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 2.9 hereof shall control the time periods applicable to Competitive Loans.

Certain Actions, Notices, Etc. Notices to Administrative Agent of any termination or reduction of Commitments, of borrowings and prepayments, conversions and continuations of Loans and of the duration of Interest Periods shall be irrevocable and shall be effective only if received by Administrative Agent not later than 11:00 a.m. Houston, Texas time on the number of Business (27) Days prior to the date of the relevant termination, reduction, borrowing and/or repayment, conversion or continuance specified below: Number of Business Notice Days Prior Termination or Reduction of Commitments 2 Borrowing or prepayment of or conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of or conversion into or continuance of Eurodollar Loans 3 Each such notice of termination or reduction shall specify the amount of the Commitments to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount and Type of the Loans to be borrowed or prepaid (subject to Sections 3.2(a) and 5.4 hereof), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion of a Loan into a Loan of another Type shall identify such Loan (or portion thereof) being converted and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and the date for conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation of a Loan (or portion thereof) as the same Type of Loan shall identify such Loan (or portion thereof) being continued (subject to Section 5.4 hereof) and, unless such Loan is an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. Administrative Agent shall promptly notify the affected Banks of the contents of each such notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 2.9 hereof shall control the time periods applicable to Competitive Loans.

Certain Actions, Notices, Etc. Notices to Administrative Agent of any termination or reduction of Commitments, of borrowings and prepayments, conversions and continuations of Loans and of the duration of Interest Periods shall be irrevocable and shall be effective only if received by Administrative Agent not later than 11:00 a.m. a.m., Houston, Texas time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or repayment, conversion or continuance specified below: Notice Number of Business Notice Days Prior Termination or Reduction 2 of Commitments 2 Borrowing or prepayment of same day or conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of 3 or conversion into or continuance of Eurodollar Loans 3 Each such notice of termination or reduction shall specify the amount of the Commitments to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount and Type of the Loans to be borrowed or prepaid (subject to Sections 3.2(a) and 5.4 hereof), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion of a Loan into a Loan of another Type shall identify such Loan (or portion thereof) being converted and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and the date for conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation of a Loan (or portion thereof) as the same Type of Loan shall identify such Loan (or portion thereof) being continued (subject to Section 5.4 hereof) and, unless such Loan is an Alternate Base Rate Loan, and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. Administrative Agent shall promptly notify the affected Banks Lenders of the contents of each such notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 2.9 hereof shall control the time periods applicable to Competitive Loans.

Certain Actions, Notices, Etc. Notices to the Agent of any termination or reduction of Commitmentsthe Aggregate Commitment, of borrowings and prepayments, conversions and continuations prepayments of Loans and of the duration of Interest Periods Periods, each Request for Extension of Credit and each Rate Designation Notice shall be irrevocable and shall be effective only if received by the Agent not later than 11:00 a.m. Houston, Texas time 12:00 noon (1:00 p.m. in the case of a Request for Extension of Credit or Rate Designation Notice related to a Eurodollar Loan) on the day that is the applicable number of Business Days prior to the date of the relevant termination, reduction, issuance, borrowing and/or repayment, conversion or continuance prepayment specified below: Number of Business Notice Days Prior NUMBER OF BUSINESS DAYS PRIOR NOTICE ------------------ Termination or Reduction reduction of Commitments 2 Aggregate Commitment ........................... 5 Borrowing or prepayment of or conversion Conversion into or continuance of Alternate Base Rate Loans ......................... same day Borrowing or prepayment of or conversion Conversion into or continuance Continuation of Eurodollar ........................ Loans 3 Issuance of Letter of Credit ...................... 3 Prepayments required pursuant to SECTION 3.2(b) ........................ 1 Each such notice of termination or reduction shall specify the amount of to which the Commitments Aggregate Commitment is to be terminated or reduced. Each such notice of borrowing prepayment or prepayment Request for Extension of Credit shall specify the amount and Type of the such Loans to be borrowed or prepaid (subject to Sections 3.2(a) SECTIONS 3.2 and 5.4 hereof5.4), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion Rate Designation Notice with respect to a Conversion of a Loan into a Loan (or portion thereof) shall specify the amount and Type of another Type shall identify such the Loan (or portion thereof) being converted converted, the amount and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and SECTION 5.4), the date for conversion Conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversionConversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation Rate Designation Notice with respect to a Continuation of a Loan (or portion thereof) as the same Type of Loan shall identify specify the amount and Type of such Loan (or portion thereof) being continued (subject to Section 5.4 hereofSECTION 5.4) and, unless such Loan is an Alternate Base Rate Loan, and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. The Agent shall promptly notify the affected Banks of the contents of each such notice, Request for Extension of Credit, or Rate Designation Notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 hereof shall control the time periods applicable to Competitive Loans.

Certain Actions, Notices, Etc. Notices to Administrative Agent of any termination or reduction of Commitments, of borrowings and prepayments, conversions and continuations of Loans and of the duration of Interest Periods shall be irrevocable and shall be effective only if received by Administrative Agent not later than 11:00 a.m. a.m., Houston, Texas time on the number of Business Days prior to the date of the relevant termination, reduction, borrowing and/or repayment, conversion or continuance specified below: Notice Number of Business Notice Days Prior ------ ----------------------------- Termination or Reduction of 2 Commitments 2 Borrowing or prepayment of or same day conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of or 3 conversion into or continuance of Eurodollar Loans 3 =============================================== ========================================= Each such notice of termination or reduction shall specify the amount of the Commitments to be terminated or reduced. Each such notice of borrowing or prepayment shall specify the amount and Type of the Loans to be borrowed or prepaid (subject to Sections 3.2(a) and 5.4 hereof), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion of a Loan into a Loan of another Type shall identify such Loan (or portion thereof) being converted and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and the date for conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation of a Loan (or portion thereof) as the same Type of Loan shall identify such Loan (or portion thereof) being continued (subject to Section 5.4 hereof) and, unless such Loan is an Alternate Base Rate Loan, and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. Agent shall promptly notify the affected Banks of the contents of each such notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 hereof shall control the time periods applicable to Competitive Loans.current

Certain Actions, Notices, Etc. Notices to the Agent of any termination or reduction of Commitmentsthe Aggregate Commitment, of borrowings and prepayments, conversions and continuations prepayments of Loans and of the duration of Interest Periods Periods, each Request for Extension of Credit and each Rate Designation Notice shall be irrevocable and shall be effective only if received by the Agent not later than 11:00 a.m. Houston, Texas time 12:00 noon (1:00 p.m. in the case of a Request for Extension of Credit or Rate Designation Notice related to a Eurodollar Loan) on the day that is the applicable number of Business Days prior to the date of the relevant termination, reduction, issuance, borrowing and/or repayment, conversion or continuance prepayment specified below: Number of Business Notice Days Prior NUMBER OF BUSINESS DAYS PRIOR NOTICE ------------------ Termination or Reduction reduction of Commitments 2 Aggregate Commitment 3 Borrowing or prepayment of or conversion Conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of or conversion Conversion into or continuance Continuation of Eurodollar Loans 3 Each such notice of termination or reduction shall specify the amount of to which the Commitments Aggregate Commitment is to be terminated or reducedreduced and the resulting Commitment of each Bank. Each such notice of borrowing prepayment or prepayment Request for Extension of Credit shall specify the amount and Type of the such Loans to be borrowed or prepaid (subject to Sections 3.2(a) SECTIONS 3.2 and 5.4 hereof5.4), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion Rate Designation Notice with respect to a Conversion of a Loan into a Loan (or portion thereof) shall specify the amount and Type of another Type shall identify such the Loan (or portion thereof) being converted converted, the amount and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and SECTION 5.4), the date for conversion Conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversionConversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation Rate Designation Notice with respect to a Continuation of a Loan (or portion thereof) as the same Type of Loan shall identify specify the amount and Type of such Loan (or portion thereof) being continued (subject to Section 5.4 hereofSECTION 5.4) and, unless such Loan is an Alternate Base Rate Loan, and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. The Agent shall promptly notify the affected Banks of the contents of each such notice, Request for Extension of Credit, or Rate Designation Notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 hereof shall control the time periods applicable to Competitive Loans.

Certain Actions, Notices, Etc. Notices to the Agent of any termination or reduction of Commitmentsthe Aggregate Commitment, of borrowings and prepayments, conversions and continuations prepayments of Loans and of the duration of Interest Periods Periods, each Request for Extension of Credit and each Rate Designation Notice shall be irrevocable and shall be effective only if received by the Agent not later than 11:00 a.m. Houston, Texas time 12:00 noon (1:00 p.m. in the case of a Request for Extension of Credit or Rate Designation Notice related to a Eurodollar Loan) on the day that is the applicable number of Business Days prior to the date of the relevant termination, reduction, issuance, borrowing and/or repayment, conversion or continuance prepayment specified below: Number of Business Notice Days Prior Notice ------------------ Termination or Reduction reduction of Commitments 2 Aggregate Commitment 5 Borrowing or prepayment of or conversion Conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of or conversion Conversion into or continuance Continuation of Eurodollar Loans 3 Issuance of Letter of Credit 3 Prepayments required pursuant to SECTION 3.2(B) 1 Each such notice of termination or reduction shall specify the amount of TO which the Commitments Aggregate Commitment is to be terminated or reduced. Each such notice of borrowing prepayment or prepayment Request for Extension of Credit shall specify the amount and Type of the such Loans to be borrowed or prepaid (subject to Sections 3.2(a) SECTIONS 3.2 and 5.4 hereof5.4), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion Rate Designation Notice with respect to a Conversion of a Loan into a Loan (or portion thereof) shall specify the amount and Type of another Type shall identify such the Loan (or portion thereof) being converted converted, the amount and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and SECTION 5.4), the date for conversion Conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversionConversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation Rate Designation Notice with respect to a Continuation of a Loan (or portion thereof) as the same Type of Loan shall identify specify the amount and Type of such Loan (or portion thereof) being continued (subject to Section 5.4 hereofSECTION 5.4) and, unless such Loan is an Alternate Base Rate Loan, and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. The Agent shall promptly notify the affected Banks of the contents of each such notice, Request for Extension of Credit, or Rate Designation Notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 hereof shall control the time periods applicable to Competitive Loans.

Certain Actions, Notices, Etc. Notices to the Agent of any termination or reduction of Commitmentsthe Aggregate Commitment, of borrowings and prepayments, conversions and continuations prepayments of Loans and of the duration of Interest Periods Periods, each Request for Extension of Credit and each Rate Designation Notice shall be irrevocable and shall be effective only if received by the Agent not later than 11:00 a.m. Houston, Texas time 12:00 noon (1:00 p.m. in the case of a Request for Extension of Credit or Rate Designation Notice related to a Eurodollar Loan) on the day that is the applicable number of Business Days prior to the date of the relevant termination, reduction, issuance, borrowing and/or repayment, conversion or continuance prepayment specified below: Number of Business Notice Days Prior NUMBER OF BUSINESS DAYS PRIOR NOTICE ------------------ Termination or Reduction reduction of Commitments 2 Aggregate Commitment 3 Borrowing or prepayment of or conversion Conversion into or continuance of Alternate Base Rate Loans same day Borrowing or prepayment of or conversion Conversion into or continuance Continuation of Eurodollar Loans 3 Issuance of Letter of Credit 3 Each such notice of termination or reduction shall specify the amount of to which the Commitments Aggregate Commitment is to be terminated or reducedreduced and the resulting Commitment of each Bank. Each such notice of borrowing prepayment or prepayment Request for Extension of Credit shall specify the amount and Type of the such Loans to be borrowed or prepaid (subject to Sections 3.2(a) SECTIONS 3.2 and 5.4 hereof5.4), the date of borrowing or prepayment (which shall be a Business Day) and, in the case of Eurodollar Loans, the duration of the Interest Period therefor (subject to the definition of "Interest Period"). Each such notice of conversion Rate Designation Notice with respect to a Conversion of a Loan into a Loan (or portion thereof) shall specify the amount and Type of another Type shall identify such the Loan (or portion thereof) being converted converted, the amount and specify the Type of Loan into which such Loan is being converted (subject to Section 5.4 hereof) and SECTION 5.4), the date for conversion Conversion (which shall be a Business Day) and, unless such Loan is being converted into an Alternate Base Rate Loan, the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor (or the date of conversionConversion, if such Loan is being converted from an Alternate Base Rate Loan). Each such notice of continuation Rate Designation Notice with respect to a Continuation of a Loan (or portion thereof) as the same Type of Loan shall identify specify the amount and Type of such Loan (or portion thereof) being continued (subject to Section 5.4 hereofSECTION 5.4) and, unless such Loan is an Alternate Base Rate Loan, and the duration (subject to the definition of "Interest Period") of the Interest Period therefor which is to commence as of the last day of the then current Interest Period therefor. The Agent shall promptly notify the affected Banks of the contents of each such notice, Request for Extension of Credit, or Rate Designation Notice. Notice of any prepayment having been given, the principal amount specified in such notice, together with interest thereon to the date of prepayment, shall be due and payable on such prepayment date. Section 2.10 hereof shall control the time periods applicable to Competitive Loans.