Common use of Method of Selecting Types and Interest Periods for New Advances Clause in Contracts

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances and, in the case of each Eurocurrency Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Agent irrevocable notice (a "Borrowing Notice") not later than 10:00 a.m. (Detroit time) at least one Business Day before the Borrowing Date of each Alternative Base Rate Advance and three Business Days before the Borrowing Date for each Eurocurrency Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency Advance, the Interest Period and Permitted Currency applicable thereto. Agent shall deliver to each Bank a copy of the Borrowing Notice timely received by Agent from Borrower on the day received. Not later than noon (local time) on each Borrowing Date, each Bank shall make available its Loan or Loans in Same Day Funds at the principal office of Agent in the case of Advances denominated in Dollars and to the designated Applicable Lending Office of the Agent or at such other place specified by the Agent in the case of Advances denominated in any Optional Currency. The Agent will make the funds so received from the Banks available to the Borrower at the Agent's aforesaid location.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Term SOFR Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a "“Borrowing Notice"”) not later than 10:00 a.m. 12:00 p.m. (Detroit New York time) at least one Business Day before on the Borrowing Date requested date of each Alternative any Alternate Base Rate Advance and at least three (3) RFR Business Days before the Borrowing Date for each Eurocurrency requested date of any Term SOFR Advance, specifying: (ia) the Borrowing Daterequested date of such Advance, which shall be a Business Day, of such Advance,; (iib) the aggregate amount of such Advance,; (iiic) the Type of Advance selected, ; and (ivd) in the case of each Eurocurrency Term SOFR Advance, the Interest Period and Permitted Currency applicable thereto, which shall end on or prior to the latest Facility Termination Date. Agent shall deliver to each Bank a copy of the Borrowing Notice timely received by Agent from Borrower on the day received. Not later than noon Each Lender shall, before 2:00 p.m. (local New York time) on each Borrowing Datethe applicable date of such Advance, each Bank shall make available for the account of its Loan or Loans in Same Day Funds applicable Lending Installation to the Administrative Agent at the principal office applicable Administrative Agent’s Account, in same day funds, such Xxxxxx’s ratable portion of Agent in such Advance. After the case Administrative Agent’s receipt of Advances denominated in Dollars and to such funds, the designated Applicable Lending Office of the Agent or at such other place specified by the Agent in the case of Advances denominated in any Optional Currency. The Administrative Agent will make the such funds so received from the Banks available to the Borrower requesting the Advance at the Administrative Agent's aforesaid location’s address referred to in Article XIII.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a "“Borrowing Notice"”) not later than 10:00 a.m. (Detroit Chicago time) at least one Business Day before on the proposed Borrowing Date of each Alternative Base Floating Rate Advance and three Business Days before the Borrowing Date for each Eurocurrency Eurodollar Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto. Any notice received later than 10:00 a.m. (Chicago time) on any day shall be deemed to be received on the following Business Day. The Administrative Agent shall deliver to each Bank a copy notify the Lenders of the Borrower’s intent to borrow by 12:00 p.m. (Chicago time) on the date it receives a timely Borrowing Notice timely received by Agent from Borrower on the day receivedBorrower. Not later than noon 2:00 p.m. (local Chicago time) on each Borrowing Date, each Bank Lender shall make available its Loan or Loans in Same Day Funds at the principal office of Agent in the case of Advances denominated in Dollars and immediately available funds to the designated Applicable Lending Office of the Administrative Agent or at such other place its address specified by the Agent in the case of Advances denominated in any Optional Currencypursuant to Article XIV. The Administrative Agent will make the funds so received from the Banks Lenders available to the Borrower at the Administrative Agent's ’s aforesaid locationaddress.

Method of Selecting Types and Interest Periods for New Advances. The Whenever the Borrower desires to incur Revolving Loans hereunder, the Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto from time to time; provided that there shall be no more than eight (8) Interest Periods in effect with respect to all of the Loans at any time, unless such limit has been waived by the Agent in its sole discretion. The Borrower shall give the Agent irrevocable notice (a "“Borrowing Notice"”) not later than 10:00 a.m. 12:00 noon (Detroit Chicago time) at least one Business Day before on the Borrowing Date of each Alternative Base Floating Rate Advance (other than a Non-Ratable Loan) and three (3) Business Days before the Borrowing Date for each Eurocurrency Eurodollar Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto. Agent shall deliver to each Bank a copy of the Borrowing Notice timely received by Agent from Borrower on the day received. Not later than noon 2:00 p.m. (local Chicago time) on each Borrowing Date, each Bank Lender shall make available its Loan or Loans in Same Day Funds at Federal or other funds immediately available to the principal office account of Agent in the case of Advances denominated in Dollars and most recently designated by it for such purpose by notice to the designated Applicable Lending Office of the Agent or at such other place specified by the Agent in the case of Advances denominated in any Optional CurrencyLenders. The Agent will promptly make the funds so received from the Banks Lenders available to the Borrower at by crediting the amounts so received, in like funds, to an account of the Borrower maintained with the Agent's aforesaid location.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Term SOFR Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit C-1 (a "“Borrowing Notice"”) not later than 10:00 a.m. (Detroit Chicago time) at least one Business Day before on the Borrowing Date of each Alternative Base Rate Advance (other than a Swing Line Loan), and three two (2) Business Days before the Borrowing Date for each Eurocurrency Term SOFR Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency Term SOFR Advance, the Interest Period and Permitted Currency applicable thereto. Promptly following receipt of a Borrowing Notice, the Administrative Agent shall deliver to advise each Bank a copy Lender of the Borrowing Notice timely received by Agent from Borrower on the day receiveddetails thereof and such Xxxxxx’s Pro Rata Share of such Advance. Not later than 12:00 noon (local Chicago time) on each Borrowing DateDate (or, if a Lender receives such advice from the Administrative Agent after 10:00 a.m. (Chicago time) on such Business Day in the case of Base Rate Advances, within two hours after receiving such notice), each Bank Lender shall make available its Loan or Loans in Same Day Funds at the principal office of Agent in the case of Advances denominated in Dollars and funds immediately available to the designated Applicable Lending Office of the Administrative Agent or at such other place its address specified by the Agent in the case of Advances denominated in any Optional Currencypursuant to Article XIII. The Administrative Agent will promptly make the funds so received from the Banks Lenders available to the Borrower at the Administrative Agent's ’s aforesaid locationaddress.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice by an Authorized Officer (a "“Borrowing Notice"”) not later than 10:00 11:00 a.m. (Detroit Chicago time) at least one Business Day before on the Borrowing Date of each Alternative Base Floating Rate Advance and three not later than 11:00 a.m. (Chicago time) on the third Business Days before preceding the Borrowing Date for each Eurocurrency Eurodollar Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto. Agent shall deliver to each Bank a copy of the Borrowing Notice timely received by Agent from Borrower on the day received. Not later than noon (local Chicago time) on each Borrowing Date, each Bank Lender shall make available its Revolving Loan or Revolving Loans in Same Day Funds at the principal office of Agent funds immediately available in the case of Advances denominated in Dollars and Chicago to the designated Applicable Lending Office of the Administrative Agent or at such other place its address specified by the Agent in the case of Advances denominated in any Optional Currencypursuant to Article XIII. The Administrative Agent will make the funds so received from the Banks Lenders available to the Borrower at the Administrative Agent's aforesaid locationaddress.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a "“Borrowing Notice"”) not later than 10:00 11:00 a.m. (Detroit time) at least one Business Day before on the Borrowing Date of each Alternative Base Floating Rate Advance and three Business Days before the Borrowing Date for of each Eurocurrency Eurodollar Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency a Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto. Agent shall deliver to each Bank a copy of the Each Borrowing Notice timely received shall be in writing (or by Agent from Borrower on telephone promptly confirmed in writing) substantially in the day received. form of Exhibit A. Not later than noon (local time) 1:00 p.m. on each the Borrowing DateDate for an Advance, each Bank Lender shall make available its Loan or Loans Pro Rata Share of such Advance in Same Day Funds at the principal office of Agent funds immediately available in the case of Advances denominated in Dollars and New York City to the designated Applicable Lending Office of the Administrative Agent or at such other place its address specified by the Agent in the case of Advances denominated in any Optional Currencypursuant to Article XIII. The Administrative Agent will make the funds so received from the Banks Lenders available to the Borrower at the Administrative Agent's ’s aforesaid locationaddress.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit C-1 (a "“Borrowing Notice"”) not later than 10:00 a.m. (Detroit Chicago time) at least one Business Day before on the Borrowing Date of each Alternative Base Rate Advance (other than a Swing Line Loan), and three two (2) Business Days before the Borrowing Date for each Eurocurrency Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency Advance, the Interest Period and Permitted Currency applicable thereto. Promptly following receipt of a Borrowing Notice, the Administrative Agent shall deliver to advise each Bank a copy Lender of the Borrowing Notice timely received by Agent from Borrower on the day receiveddetails thereof and such Lender’s Pro Rata Share of such Advance. Not later than 12:00 noon (local Chicago time) on each Borrowing DateDate (or, if a Lender receives such advice from the Administrative Agent after 10:00 a.m. (Chicago time) on such Business Day in the case of Base Rate Advances, within two hours after receiving such notice), each Bank Lender shall make available its Loan or Loans in Same Day Funds at the principal office of Agent in the case of Advances denominated in Dollars and funds immediately available to the designated Applicable Lending Office of the Administrative Agent or at such other place its address specified by the Agent in the case of Advances denominated in any Optional Currencypursuant to Article XIII. The Administrative Agent will promptly make the funds so received from the Banks Lenders available to the Borrower at the Administrative Agent's ’s aforesaid locationaddress.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Agent irrevocable written notice (a "“Borrowing Notice"”) not later than 10:00 a.m. (Detroit time) at least one Business Day before on the Borrowing Closing Date in the case of each Alternative any Base Rate Advance requested on such date and three by 11:00 a.m. two (2) Business Days before the Borrowing Closing Date for (or such shorter period as may be agreed by the Agent and the Lenders) in the case of any requested Eurodollar Advance to be made on the Closing Date, in each Eurocurrency Advancecase, specifying: (ia) the Borrowing Dateproposed date of such Advance, which shall be a Business Day, of such Advance,; (iib) the aggregate amount of such Advance,; (iiic) the Type of Advance selected, ; and (ivd) in the case of each Eurocurrency a Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto. Agent shall deliver to each Bank a copy of On the Borrowing Notice timely received by Agent from Borrower on the day received. Not later than noon (local time) on each Borrowing Closing Date, each Bank Lender (subject to the satisfaction of the applicable conditions precedent set forth in Article IV) shall make available its Loan or Loans in Same Day Funds at the principal office of Agent in the case of Advances denominated in Dollars and funds immediately available to the designated Applicable Lending Office of the Agent or at such other place its address specified by the Agent in the case of Advances denominated in any Optional Currencypursuant to Section 9.20. The Agent will promptly make the funds so received from the Banks Lenders available to the Borrower at the Agent's ’s aforesaid locationaddress. If the Borrower requests a Eurodollar Advance but fails to specify an Interest Period therefor, such Eurodollar Advance will be deemed to have an Interest Period of one month.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice in the form of Exhibit B (a "“Borrowing Notice"”) not later than 10:00 a.m. (Detroit Chicago time) at least one Business Day before on the proposed Borrowing Date of each Alternative Base Floating Rate Advance and three Business Days before the Borrowing Date for each Eurocurrency Eurodollar Advance, specifying: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto. Any notice received later than 10:00 a.m. (Chicago time) on any day shall be deemed to be received on the following Business Day. The Administrative Agent shall deliver notify the Lenders of Borrower’s intent to each Bank borrow by 12:00 p.m. (Chicago time) on the date it receives a copy of the timely Borrowing Notice timely received by Agent from Borrower on the day receivedBorrower. Not later than noon 2:00 p.m. (local Chicago time) on each Borrowing Date, each Bank Lender shall make available its Loan or Loans in Same Day Funds at the principal office of Agent in the case of Advances denominated in Dollars and immediately available funds to the designated Applicable Lending Office of the Administrative Agent or at such other place its address specified by the Agent in the case of Advances denominated in any Optional Currencypursuant to Article XIV. The Administrative Agent will make the funds so received from the Banks Lenders available to the Borrower at the Administrative Agent's ’s aforesaid locationaddress.

Method of Selecting Types and Interest Periods for New Advances. The Borrower shall select the Type of Advances Advance and, in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto from time to time. The Borrower shall give the Administrative Agent irrevocable notice (a "“Borrowing Notice"”) not later than 10:00 11:00 a.m. (Detroit New York time) at least one Business Day before on the proposed Borrowing Date of each Alternative Base Floating Rate Advance (other than a Swing Line Loan) and not later than 11:00 a.m. (New York time) on the date three (3) Business Days before the Borrowing Date for each Eurocurrency Eurodollar Advance, specifyingprovided that any such notice of a Floating Rate Advance to refinance reimbursement of a Facility LC disbursement pursuant to Section 2.20.6 may be given not later than 11:00 a.m. (New York time) on the date of the proposed Advance. Each such notice shall specify: (i) the Borrowing Date, which shall be a Business Day, of such Advance, (ii) the aggregate amount of such Advance, (iii) the Type of Advance selected, and (iv) in the case of each Eurocurrency Eurodollar Advance, the Interest Period and Permitted Currency applicable thereto. Agent shall deliver to each Bank a copy of the Borrowing Notice timely received by Agent from Borrower on the day received. Not later than noon 1:00 p.m. (local New York time) on each Borrowing Date, each Bank Lender shall make available its Revolving Loan or Revolving Loans in Same Day Funds at the principal office of Agent funds immediately available in the case of Advances denominated in Dollars and New York to the designated Applicable Lending Office of the Administrative Agent or at such other place its address specified by the Agent in the case of Advances denominated in any Optional Currencypursuant to Article XIII. The Administrative Agent will make the funds so received from the Banks Lenders available to the Borrower at the Administrative Agent's ’s aforesaid locationaddress.