Making the Revolving Loans. Borrower may borrow under the Commitment on any Business Day if the Revolving Loan is to be a Prime Rate Loan and on any Eurodollar Business Day if the Revolving Loan is to be a Eurodollar Rate Loan, provided Borrower shall give Bank irrevocable notice in the form of Exhibit A (which notice -10- 14 must be received by Bank prior to 9:00 A.M., San Francisco time) (i) three Eurodollar Business Days prior to the requested borrowing date in the case of a Eurodollar Rate Loan, and (ii) on the Business Day of the requested borrowing in the case of a Prime Rate Loan, specifying (A) the amount of the proposed Revolving Loan, (B) the requested date of the Revolving Loan, (C) whether the Revolving Loan is to consist of a Prime Rate Loan or a Eurodollar Rate Loan, and (D) if the Revolving Loan is to be a Eurodollar Rate Loan, the length of the Interest Period therefor. Upon satisfaction of the applicable conditions set forth in this Section and in Article IV, the proceeds of such Revolving Loan will then be made available to Borrower by Bank by crediting the account of Borrower on the books of Bank, or as otherwise directed by Borrower. The notice of Revolving Loan may be given orally (including telephonically) or in writing (including telex or facsimile transmission) and any conflict regarding a notice or between an oral notice and a written notice applicable to the same Revolving Loan shall be conclusively determined by Bank's books and records. Bank shall not incur any liability to Borrower in acting upon any notice of Revolving Loan which Bank believes in good faith to have been given by a Person duly authorized to give such notice on behalf of Borrower.
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Samples: Credit Agreement (Komag Inc /De/)
Making the Revolving Loans. Borrower may borrow under the Commitment on any Business Day if the Revolving Loan is to be a Prime Rate Loan and on any Eurodollar Business Day if the Revolving Loan is to be a Eurodollar Rate Loan, provided (a) The Borrower shall give Bank irrevocable the Administrative Agent prior written notice in substantially the form of Exhibit A C hereto (a “Notice of Borrowing”), not later than 10:00 a.m., with notice of such Notice of Borrowing to be provided by the Administrative Agent to the Lenders no later than the close of business on the Business Day received, (x) in the case of a borrowing consisting of a Reference Rate Loan, on the date which notice -10- 14 must be received by Bank is one (1) Business Day prior to 9:00 A.M.the date of the proposed Revolving Loan and (y) in the case of a borrowing consisting of a LIBOR Rate Loan, San Francisco timeon the date which is three (3) (i) three Eurodollar Business Days prior to the requested borrowing date in the case of a Eurodollar Rate Loan, and (ii) on the Business Day of the requested borrowing in the case proposed Revolving Loan. Such Notice of a Prime Rate Loan, specifying Borrowing shall be irrevocable and shall specify (Ai) the principal amount of the proposed Revolving Loan, (B) the requested date of the Revolving Loan, (Cii) whether the such Revolving Loan is requested to consist of be a Prime Reference Rate Loan or a Eurodollar LIBOR Rate LoanLoan and, and (D) if in the Revolving Loan is to be case of a Eurodollar LIBOR Rate Loan, the length of the initial Interest Period therefor. Upon satisfaction of with respect thereto, and (iii) the applicable conditions set forth in this Section and in Article IVproposed borrowing date, the proceeds of such Revolving Loan will then which must be made available to Borrower by Bank by crediting the account of Borrower on the books of Bank, or as otherwise directed by Borrowera Business Day. The Agents and the Lenders may act without liability upon the basis of written, telecopied or telephonic notice of Revolving Loan may be given orally (including telephonically) or in writing (including telex or facsimile transmission) and any conflict regarding a notice or between an oral notice and a written notice applicable to believed by the same Revolving Loan shall be conclusively determined by Bank's books and records. Bank shall not incur any liability to Borrower in acting upon any notice of Revolving Loan which Bank believes Agents in good faith to have been given by be from the Borrower (or from any Responsible Officer thereof designated in writing purportedly from the Borrower to the Agents). Each Agent and each Lender shall be entitled to rely conclusively on any Responsible Officer’s authority to request a Person duly authorized to give such notice Revolving Loan on behalf of Borrowerthe Borrower until the Agents receives written notice to the contrary. The Agents and the Lenders shall have no duty to verify the authenticity of the signature appearing on any written Notice of Borrowing.
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Making the Revolving Loans. Borrower may borrow under the Commitment on any Business Day if the Revolving Loan is to be a Prime Rate Loan and on any Eurodollar Business Day if the Revolving Loan is to be a Eurodollar Rate Loan, provided (a) The Borrower shall give Bank irrevocable the Administrative Agent prior written notice in substantially the form of Exhibit A D hereto (a “Notice of Borrowing”), not later than 10:00 a.m., with notice of such Notice of Borrowing to be provided by the Administrative Agent to the Lenders no later than the close of business on the Business Day received, (x) in the case of a borrowing consisting of a Reference Rate Loan, on the date which notice -10- 14 must be received by Bank is one Business Day prior to 9:00 A.M.the date of the proposed Revolving Loan and (y) in the case of a borrowing consisting of a LIBOR Rate Loan, San Francisco time) (i) on the date which is three Eurodollar Business Days prior to the requested borrowing date in the case of a Eurodollar Rate Loan, and (ii) on the Business Day of the requested borrowing in the case proposed Revolving Loan. Such Notice of a Prime Rate Loan, specifying Borrowing shall be irrevocable and shall specify (Ai) the principal amount of the proposed Revolving Loan, (B) the requested date of the Revolving Loan, (Cii) whether the such Revolving Loan is requested to consist of be a Prime Reference Rate Loan or a Eurodollar LIBOR Rate LoanLoan and, and (D) if in the Revolving Loan is to be case of a Eurodollar LIBOR Rate Loan, the length of the initial Interest Period therefor. Upon satisfaction of with respect thereto, and (iii) the applicable conditions set forth in this Section and in Article IVproposed borrowing date, the proceeds of such Revolving Loan will then which must be made available to Borrower by Bank by crediting the account of Borrower on the books of Bank, or as otherwise directed by Borrowera Business Day. The Agents and the Lenders may act without liability upon the basis of written, telecopied or telephonic notice of Revolving Loan may be given orally (including telephonically) or in writing (including telex or facsimile transmission) and any conflict regarding a notice or between an oral notice and a written notice applicable to believed by the same Revolving Loan shall be conclusively determined by Bank's books and records. Bank shall not incur any liability to Borrower in acting upon any notice of Revolving Loan which Bank believes Agents in good faith to have been given by be from the Borrower (or from any Authorized Officer thereof designated in writing purportedly from the Borrower to the Agents). Each Agent and each Lender shall be entitled to rely conclusively on any Authorized Officer’s authority to request a Person duly authorized to give such notice Revolving Loan on behalf of Borrowerthe Borrower until the Agents receives written notice to the contrary. The Agents and the Lenders shall have no duty to verify the authenticity of the signature appearing on any written Notice of Borrowing.
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Making the Revolving Loans. Borrower may borrow under the Commitment on any Business Day if the Revolving Loan is to be a Prime Rate Loan and on any Eurodollar Business Day if the Revolving Loan is to be a Eurodollar Rate Loan, provided (a) The Borrower shall give Bank irrevocable the Administrative Agent prior written notice in substantially the form of Exhibit A D hereto (a “Notice of Borrowing”), not later than 12:00 noon (Chicago, Illinois time), with notice of such Notice of Borrowing to be provided by the Administrative Agent to the Lenders no later than the close of business (Chicago, Illinois time) on the Business Day received, (x) in the case of a borrowing consisting of a Reference Rate Loan, on the date which notice -10- 14 must be received by Bank is one Business Day prior to 9:00 A.M.the date of the proposed Revolving Loan and (y) in the case of a borrowing consisting of a LIBOR Rate Loan, San Francisco time) (i) on the date which is three Eurodollar Business Days prior to the requested borrowing date in the case of a Eurodollar Rate Loan, and (ii) on the Business Day of the requested borrowing in the case proposed Revolving Loan. Such Notice of a Prime Rate Loan, specifying Borrowing shall be irrevocable and shall specify (Ai) the principal amount of the proposed Revolving Loan, (B) the requested date of the Revolving Loan, (Cii) whether the such Revolving Loan is requested to consist of be a Prime Reference Rate Loan or a Eurodollar LIBOR Rate LoanLoan and, and (D) if in the Revolving Loan is to be case of a Eurodollar LIBOR Rate Loan, the length of the initial Interest Period therefor. Upon satisfaction of with respect thereto, and (iii) the applicable conditions set forth in this Section and in Article IVproposed borrowing date, the proceeds of such Revolving Loan will then which must be made available to Borrower by Bank by crediting the account of Borrower on the books of Bank, or as otherwise directed by Borrowera Business Day. The Agents and the Lenders may act without liability upon the basis of written, telecopied or telephonic notice of Revolving Loan may be given orally (including telephonically) or in writing (including telex or facsimile transmission) and any conflict regarding a notice or between an oral notice and a written notice applicable to believed by the same Revolving Loan shall be conclusively determined by Bank's books and records. Bank shall not incur any liability to Borrower in acting upon any notice of Revolving Loan which Bank believes Agents in good faith to have been given by be from the Borrower (or from any Authorized Officer thereof designated in writing purportedly from the Borrower to the Agents). Each Agent and each Lender shall be entitled to rely conclusively on any Authorized Officer’s authority to request a Person duly authorized to give such notice Revolving Loan on behalf of Borrowerthe Borrower until the Agents receives written notice to the contrary. The Agents and the Lenders shall have no duty to verify the authenticity of the signature appearing on any written Notice of Borrowing.
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