Manner of Borrowing Loans. Borrowings under the credit facility established pursuant to Section 1 hereof shall be as follows:
Manner of Borrowing Loans. The Borrower shall give the Agent prior written or telephonic notice no later than 1:00 p.m. (Atlanta time) on the date of the requested borrowing. Such notice shall be irrevocable and shall specify the aggregate amount of the proposed borrowing and the date thereof (which shall be a Banking Day). Such notice, to be effective, must be received by the Agent by the time specified in the first sentence of this subsection (c). Such notice shall specify the total amount of the Loan requested from the Lenders. On the borrowing date specified in such notice, NationsBank shall make such borrowing available to the Borrower in immediately available funds. On the last Banking Day of each week the Agent shall notify the Lenders of the amounts then outstanding under the Loans, at which time the Lenders will pay each other such amounts as are necessary to ensure that the amounts outstanding under the Loans are shared pro rata by the Lenders based upon their respective Commitments. The Borrower hereby agrees that such payments shall represent debits and credits to their loan accounts; provided, however, after the occurrence of an Event of Default hereunder, unless waived by all of the Lenders (i) the Agent shall promptly notify the Lenders that it has received notice from the Borrower of a proposed borrowing pursuant to this paragraph, (ii) on the borrowing date specified in such notice, each Lender shall make its ratable share of such borrowing available to the Borrower at the offices of the Agent in immediately available funds provided all of the Lenders have elected in their sole discretion to fund such borrowing, and (iii) the Agent shall pay to the Lenders their pro rata share of all amounts collected on the Loans promptly after the receipt thereof by the Agent; provided further, if the Lenders are prevented from funding any of the proposed borrowings on account of the institution of any bankruptcy proceeding by or against the Borrower, the Lenders agree to purchase participations in the Loans of the other Lenders to ensure that the amounts outstanding to the Lenders on account of the Loans are shared pro rata based upon their respective Commitment.
Manner of Borrowing Loans. 10 3.2 Payments.....................................................12 3.3
Manner of Borrowing Loans. 23 3.2 Payments. ............................................................. 31 3.4 Application of Payments and Collections. .............................. 41 3.5 All Loans to Constitute One Obligation. ............................... 44 3.6
Manner of Borrowing Loans. Borrowings under the Credit Facility established pursuant to Section 1 hereof shall be as follows:
Manner of Borrowing Loans. 16 SECTION 2.3
Manner of Borrowing Loans. Borrowings of the Loans shall be made as follows:
Manner of Borrowing Loans. In accordance with Section 4 of Part IV of the TM Services Agreement, Revolving Loan shall be advanced at any time that the daily balance in the Borrower’s demand deposit account number xxxx2372 (or such other demand deposit account specified by the Lender from time to time in writing) falls below Zero Dollars ($0.00) and the principal amount of such Revolving Loan shall be the amount necessary, rounded to the nearest Dollar, to bring the balance in such demand deposit account to an amount in excess of Zero Dollars ($0.00); provided, however that the principal amount of such Revolving Loan shall not be less than Five Thousand Dollars ($5,000).
Manner of Borrowing Loans. The following Section 2.1(D) is hereby added to the Agreement, as follows:
Manner of Borrowing Loans. Loan Requests........................................................................... 8 ------------- 3.
