Competitive Bid Request. When the Borrower wishes to request offers to make Competitive Bid Loans under this Section 2.21, it shall transmit to the Administrative Agent by facsimile a bid request substantially in the form of Exhibit H hereto to be received no later than 11:00 a.m., New York City time, at least one Business Day prior to the date of such proposed Competitive Bid Borrowing, specifying (i) the date such Competitive Bid Loan is requested to be made (which must be a Business Day), (ii) the amount of such Competitive Bid Loan, which must be a minimum of $1,000,000 or an integral multiple thereof, and a maximum of $50,000,000, (iii) the maturity date (the "Competitive Bid Loan Maturity Date") for repayment of each Competitive Bid Loan to be made as part of such Competitive Bid Borrowing (which maturity date may be between seven and 180 days, inclusive, after the date of such Competitive Bid Borrowing, provided that in no event shall the maturity date of any Competitive Bid Borrowing be later than the third day preceding the Termination Date), (iv) the interest payment date or dates relating thereto, and (v) any other terms to be applicable to such Competitive Bid Borrowing.
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