Committed Borrowing Procedure Clause Samples

Committed Borrowing Procedure. In order to effect a Committed Borrowing, the Borrower shall hand deliver, telex, or telecopy to the Agent a duly completed request for Committed Borrowing, substantially in the form of Exhibit A-2 hereto (a "Notice of Committed Borrowing"), (i) in the case of Eurodollar Loans, not later than 11:00 a.m., Dallas, Texas time, two Business Days before the Borrowing Date specified for a proposed Committed Borrowing, and (ii) in the case of Base Loans, not later than 11:00 a.m., Dallas, Texas time, on the Business Day which is the Borrowing Date specified for a proposed Committed Borrowing. No Fixed Rate Loan shall be requested or made pursuant to a Notice of Committed Borrowing. Such notice shall be irrevocable and shall in each case refer to this Agreement and specify (x) whether the Loans then being requested are to be Eurodollar Loans or Base Loans, (y) the Borrowing Date of such Loans (which shall be a Business Day) and the aggregate amount thereof (which shall not be less than $500,000 and shall be an integral multiple of $100,000), and (z) the Interest Period with respect thereto (which shall not end later than the Termination Date). If no Interest Period with respect to any Eurodollar Loan is specified in any such Notice of Committed Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month's duration. Promptly, and in any event on the same day the Agent receives a Notice of Committed Borrowing pursuant to this Section 2.3, the Agent shall advise the other Banks of such Notice of Committed Borrowing and of each Bank's portion of the requested Committed Borrowing by telex or telecopier. Each Committed Borrowing shall consist of Loans of the same type made as of the same day and having the same Interest Period.

Committed Borrowing Procedure. In order to effect a Standby Borrowing or a Canadian Borrowing, the applicable Borrower shall give the U.S. Agent (in the case of a Standby Borrowing) or the Canadian Agent (in the case of a Canadian Borrowing) telephonic notice of the information requested by the form of Standby Borrowing Request attached as Exhibit B-2 hereto or the Canadian Borrowing Request attached as Exhibit B-3 hereto, as applicable, (i) in the case of Eurodollar Loans, not later than 12:00 noon, New York City time, three Business Days before a proposed Standby Borrowing or Canadian Borrowing, as the case may be, (ii) in the case of Alternate Base Loans, not later than 11:00 a.m., New York City time, on the Business Day of a proposed Standby Borrowing or Canadian Borrowing, as the case may be, and (iii) in the case of Canadian Prime Loans, not later than 11:00 a.m., Toronto time, on the Canadian Business Day of a proposed Canadian Borrowing (in the case of a proposed Canadian Borrowing that consists of Canadian Prime Loans in an aggregate principal amount that is less than Cdn.$25,000,000) and not later than 12:00 noon, Toronto time, one Canadian Business Day before a proposed Canadian Borrowing (in the case of a proposed Canadian Borrowing that consists of Canadian Prime Loans in an aggregate principal amount that is equal to or greater than Cdn.$25,000,000), confirmed in each case by written or telecopy notice substantially in the form of Exhibit B-2 (other than with respect to clause (iii)) or B-3 hereto. No Fixed Rate Loan shall be requested or made pursuant to a Standby Borrowing Request. Such notice shall be irrevocable and shall in each case refer to this Agreement and specify (x) whether the Loans then being requested are to be Eurodollar Loans, Alternate Base Loans or Canadian Prime Loans, (y) the date of such Loans (which shall be a Business Day), the currency in which the Loans are to be denominated (which shall be either U.S. Dollars or Canadian Dollars) and the aggregate amount thereof (which shall not be less than U.S.$5,000,000 or Cdn.$5,000,000, as applicable, and shall be an integral multiple of U.S.$1,000,000 or Cdn.$1,000,000, as applicable) and (z) the Interest Period with respect thereto (which shall not end later than the Termination Date). If no Interest Period with respect to any Eurodollar Loan is specified in any such notice, then the relevant Borrower shall be deemed to have selected an Interest Period of one month's duration. The applicable Agent shall pr...

Committed Borrowing Procedure. 20 2.5 Refinancings; Conversions............................ 20 2.6

Committed Borrowing Procedure. 19 2.3 Competitive Bid Procedure......................................... 20 2.4

Committed Borrowing Procedure. In order to effect a Committed Borrowing, a Borrower shall give written (or telephone notice promptly confirmed in writing) to the Administrative Agent, substantially in the form of Exhibit 2.04 (a "Committed Borrowing Request"), (a) in the case of a Eurodollar Committed Borrowing, not later than 11:00 a.m., Houston, Texas time, three Business Days before the Borrowing Date specified for such proposed Committed Borrowing, (b) in the case of a CD Borrowing, not later than 10:00 a.m., Houston, Texas time, two Business Days before such proposed Committed Borrowing, and (c) in the case of an ABR Borrowing, not later than 10:00 a.m., Houston, Texas time, on the Borrowing

Committed Borrowing Procedure. 15 2.4 Refinancings............................................. 15 2.5 Fees..................................................... 16 2.6 Termination and Reduction of Commitments................. 16 2.7 Loans.................................................... 17 2.8 Notes.................................................... 18 2.9