Common use of Funding of Negotiated Rate Loans in Alternative Currencies Clause in Contracts

Funding of Negotiated Rate Loans in Alternative Currencies. No later than (i) the Applicable Time on the applicable Negotiated Rate Funding Date, each applicable Revolving Lender will, at the option of the Borrower, make available directly to the Borrower such Negotiated Rate Loans in the applicable currency either by (A) crediting the account of the Borrower on the books of such Lender with the amount of such funds or (B) wire transfer of such funds to the account of the Borrower, in each case in accordance with instructions provided to (and reasonably acceptable to) such Lender by the Borrower and (ii) promptly following receipt thereof, the Borrower shall provide the Administrative Agent written notice of receipt of the proceeds of such Negotiated Rate Loan.

Funding of Negotiated Rate Loans in Alternative Currencies. No later than (i) the Applicable Time on the applicable Negotiated Rate Funding Date, each applicable Revolving Lender will, at the option of the Borrower, make available directly to the Borrower such Negotiated Rate Loans in the applicable currency either by (A) crediting the account of the Borrower on the books of such Lender with the amount of such funds or (B) wire transfer of such funds to the account of the Borrower, in each case in accordance with instructions provided to (and reasonably acceptable to) such Lender by the Borrower and (ii) promptly following receipt thereof, the Borrower shall provide the Administrative Agent written notice of receipt of the proceeds of such Negotiated Rate Loan.