Common use of Making the Revolving Credit Loans Clause in Contracts

Making the Revolving Credit Loans. The Borrower shall give the Agent prior telephone notice (which notice, if requested by the Agent, must be promptly confirmed in writing in substantially the form of Exhibit E hereto (a “Notice of Borrowing”)) (i) for any Base Rate Loan not in excess of $30,000,000, not later than 12:00 noon (New York City time) one Business Days prior to such proposed borrowing or (ii) for any Loan other than a Base Rate Loan not in excess of $30,000,000, not later than 12:00 noon (New York City time) three Business Days prior to such proposed borrowing, and, in each case, the Agent shall promptly deliver such Notice of Borrowing to each Lender. Such Notice of Borrowing shall be irrevocable and shall specify the principal amount of the proposed borrowing (which, in the case of a Eurodollar Loan, must be in a minimum amount of $1,000,000 and in multiples of $500,000 in excess thereof), whether such Revolving Credit Loan is requested to be a Base Rate Loan or a Eurodollar Loan and, in the case of a Eurodollar Loan, the initial Interest Period for such Eurodollar Loan, the use of the proceeds of such proposed Revolving Credit Loan, and the proposed borrowing date, which must be a Business Day, and the Borrower shall be bound to make a borrowing in accordance therewith. The Agent may act without liability upon the basis of written, telecopy or telephone notice believed by the Agent in good faith to be from the Borrower (or from any officer thereof designated in writing to the Agent), and the Borrower hereby waives the right to dispute the Agent’s record of the terms of any such telephonic Notice of Borrowing.

Making the Revolving Credit Loans. The Administrative Borrower shall give the Agent prior telephone notice (which notice, if requested by the Agent, must be promptly confirmed in writing in substantially the form of Exhibit E hereto (a “Notice of Borrowing”)) (i) for any Base Rate Loan not in excess of $30,000,000, not later than 12:00 noon (New York City time) one Business Days prior to such proposed borrowing or (ii) for any Loan other than a Base Rate Loan not in excess of $30,000,000, not later than 12:00 noon (New York City time) three Business Days prior to such proposed borrowing, and, in each case, the Agent shall promptly deliver such Notice of Borrowing to each Lender. Such Notice of Borrowing shall be irrevocable and shall specify the principal amount of the proposed borrowing (which, in the case of a Eurodollar Loan, must be in a minimum amount of $1,000,000 and in multiples of $500,000 in excess thereof), whether such Revolving Credit Loan is requested to be a Base Rate Loan or a Eurodollar Loan and, in the case of a Eurodollar Loan, the initial Interest Period for such Eurodollar Loan, the use of the proceeds of such proposed Revolving Credit Loan, and the proposed borrowing date, which must be a Business Day, and the Borrower Borrowers shall be bound to make a borrowing in accordance therewith. The Agent may act without liability upon the basis of written, telecopy or telephone notice believed by the Agent in good faith to be from the Administrative Borrower (or from any officer thereof designated in writing purportedly from the Administrative Borrower to the Agent), and the each Borrower hereby waives the right to dispute the Agent’s record of the terms of any such telephonic Notice of Borrowing.

Making the Revolving Credit Loans. The Borrower shall give the Agent prior telephone notice (which notice, if requested by the Agent, must be promptly confirmed in writing in substantially the form of Exhibit E hereto (a “"Notice of Borrowing”")) (i) for any Base Rate Loan not in excess of $30,000,000, not later than 12:00 noon (New York City time) one Business Days prior to such proposed borrowing or (ii) for any Loan other than a Base Rate Loan not in excess of $30,000,000, not later than 12:00 noon (New York City time) three Business Days prior to such proposed borrowing, and, in each case, and the Agent shall promptly deliver such Notice of Borrowing to each Lender. Such Notice of Borrowing shall be irrevocable and shall specify the principal amount of the proposed borrowing (which, in the case of a Eurodollar Loan, must be in a minimum amount of $1,000,000 and in multiples of $500,000 in excess thereof), whether such Revolving Credit Loan is requested to be a Base Rate Loan or a Eurodollar Loan and, in the case of a Eurodollar Loan, the initial Interest Period for such Eurodollar Loan, the use of the proceeds of such proposed Revolving Credit Loan, and the proposed borrowing date, which must be a Business Day, and the Borrower shall be bound to make a borrowing in accordance therewith. The Agent may act without liability upon the basis of written, telecopy or telephone notice believed by the Agent in good faith to be from the Borrower (or from any officer thereof designated in writing to the Agent), and the Borrower hereby waives the right to dispute the Agent’s 's record of the terms of any such telephonic Notice of Borrowing.

Making the Revolving Credit Loans. The Administrative Borrower shall give the Agent prior telephone notice (which notice, if requested by the Agent, must be promptly confirmed in writing in substantially the form of Exhibit E C hereto (a “"Notice of Borrowing”")) (i) for i)for any Base Rate Loan not in excess of $30,000,000, not later than 12:00 noon (New York City time) one Business Days prior to such proposed borrowing or (ii) for any Loan other than a Base Rate Loan not in excess of $30,000,000, not later than 12:00 noon (New York City time) three Business Days prior to such proposed borrowing, and, in each case, the Agent shall promptly deliver such Notice of Borrowing to each Lender. Such Notice of Borrowing shall be irrevocable and shall specify the principal amount of the proposed borrowing (which, in the case of a Eurodollar Loan, must be in a minimum amount of $1,000,000 and in multiples of $500,000 in excess thereof), whether such Revolving Credit Loan is requested to be a Base Rate Loan or a Eurodollar Loan and, in the case of a Eurodollar Loan, the initial Interest Period for DOC ID - 18336046.11 such Eurodollar Loan, the use of the proceeds of such proposed Revolving Credit Loan, and the proposed borrowing date, which must be a Business Day, and the Borrower Borrowers shall be bound to make a borrowing in accordance therewith. The Agent may act without liability upon the basis of written, telecopy or telephone notice believed by the Agent in good faith to be from the Administrative Borrower (or from any officer thereof designated in writing purportedly from the Administrative Borrower to the Agent), and the each Borrower hereby waives the right to dispute the Agent’s 's record of the terms of any such telephonic Notice of Borrowing.