Common use of Daily Notification Clause in Contracts

Daily Notification. Not later than 11:15 a.m. (Eastern Time) on each Business Day, the Designated Financial Officer of Cingular shall send an e-mail to the Designated Financial Officer of each Lender (the "Daily Notification") setting forth for such Business Day: (a) the amount of Available Cash, if any; and (b) if there is no Available Cash, the amount of cash, if any, (i) to be repaid from Cingular Advances made to the Lenders, or (ii) if no Cingular Advances are or will be outstanding, then to be borrowed hereunder from each Lender, which amount for each Lender shall be the product of (x) the aggregate amount to be borrowed as reflected in the Daily Notification and (y) that Lender's Percentage Interest (the "Revolving Loans").

Daily Notification. Not later than 11:15 a.m. (Eastern Time) on each Business Day, the Designated Financial Officer of Cingular shall send an e-mail to the Designated Financial Officer of each Lender (the "“Daily Notification"”) setting forth for such Business Day: (a) the amount of Available Cash, if any; and (b) if there is no Available Cash, the amount of cash, if any, , (i) to be repaid from Cingular Advances made to the Lenders, or or (ii) if no Cingular Advances are or will be outstanding, then to be borrowed hereunder from each Lender, which amount for each Lender shall be the product of (xi) the aggregate amount to be borrowed as reflected in the Daily Notification and (yii) that Lender's ’s Percentage Interest (the "“Revolving Loans"”).

Daily Notification. Not later than 11:15 a.m. (Eastern Time) on each Business Day, the Designated Financial Officer of Cingular shall send an e-mail to the Designated Financial Officer of each Lender (the "“Daily Notification"”) setting forth for such Business Day: (a) the amount of Available Cash, if any; and (b) if there is no Available Cash, the amount of cash, if any, (i) to be repaid from Cingular Advances made to the Lenders, or (ii) if no Cingular Advances are or will be outstanding, then to be borrowed hereunder from each Lender, which amount for each Lender shall be the product of (x) the aggregate amount to be borrowed as reflected in the Daily Notification and (y) that Lender's ’s Percentage Interest (the "“Revolving Loans"”).

Daily Notification. Not later than 11:15 a.m. (Eastern Time) on each Business Day, the Designated Financial Officer of Cingular shall send an e-mail to the Designated Financial Officer of each Lender (the "Daily Notification") setting forth for such Business Day: (a) the amount of Available Cash, if any; and (b) if there is no Available Cash, the amount of cash, if any, , (i) to be repaid from Cingular Advances made to the Lenders, or or (ii) if no Cingular Advances are or will be outstanding, then to be borrowed hereunder from each Lender, which amount for each Lender shall be the product of (xi) the aggregate amount to be borrowed as reflected in the Daily Notification and (yii) that Lender's Percentage Interest (the "Revolving Loans").