Common use of Initial and Subsequent Advances Clause in Contracts

Initial and Subsequent Advances. A Borrower shall give the Administrative Agent, in the case of Base Rate Advances, not later than 11:00 a.m. (Eastern time) on the Business Day of a proposed Advance, irrevocable prior notice by telephone or telecopy and shall confirm any such telephone notice with a written Request for Advance; provided, however, that the failure by a Borrower to confirm any notice by telephone or telecopy with a Request for Advance shall not invalidate any notice so given.

Initial and Subsequent Advances. A The Borrower shall give the Administrative Agent, Agent in the case of Base Rate Advances, Advances irrevocable notice by telephone or telecopy not later than 11:00 a.m. (Eastern time) on the Business Day date of a proposed Advance, irrevocable prior notice by telephone or telecopy such Base Rate Advance and shall confirm any such telephone notice with a written Request for Advance; provided, however, that the failure by a the Borrower to confirm any notice by telephone or telecopy with a written Request for Advance shall not invalidate any notice so given.

Initial and Subsequent Advances. A The Borrower shall give the Administrative Agent, Agent in the case of Base Rate Advances, Advances irrevocable notice by telephone not later than 11:00 a.m. (Eastern time) on the Business Day requested funding date of a proposed Advance, irrevocable prior notice by telephone or telecopy such Advance and shall immediately confirm any such telephone notice with a written Request for Advance; provided, however, that the failure by a the Borrower to confirm any notice by telephone or telecopy with a written Request for Advance shall not invalidate any notice so given.

Initial and Subsequent Advances. A The Borrower requesting an Advance shall give the Administrative Agent, Agent in the case of Base Rate Advances, not later than 11:00 a.m. Advances at least one (Eastern time1) on Business Day's irrevocable prior written notice in the Business Day form of a proposed Request for Advance, irrevocable prior or telephonic notice followed immediately by telephone or telecopy and shall confirm any such telephone notice with a written Request for Advance; provided, however, that the such Borrower's failure by a Borrower to confirm any telephonic notice by telephone or telecopy with a Request for Advance shall not invalidate any notice so given.