Common use of Notification by Borrower Clause in Contracts

Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, by 11:00 a.m. on the date that is three (3) Eurodollar Business Days prior to the Drawdown Date of the Tranche B Term Loan if all or any portion of the Tranche B Term Loan is to bear interest at the Eurodollar Rate. After the Tranche B Term Loan has been made, the provisions of §2.7 shall apply mutatis mutandis with respect to all or any portion of the Tranche B Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Tranche B Term Loan as it would be entitled to with respect to the Revolving Credit Loans.

Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, by 11:00 a.m. on the date that is at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Tranche B Term Loan if all or any portion of the Tranche B Term Loan is to bear interest at the Eurodollar Rate. After the Tranche B Term Loan has been made, the provisions of §2.7 ss.2.7 shall apply mutatis mutandis with respect to all or any portion of the Tranche B Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Tranche B Term Loan as it would be entitled to with respect to the Revolving Credit Loans.

Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, by 11:00 a.m. on the date that is at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Tranche B A Term Loan if all or any portion of the Tranche B A Term Loan is to bear interest at the Eurodollar Rate. After the Tranche B A Term Loan has been made, the provisions of §2.7 ss.2.7 shall apply mutatis mutandis with respect to all or any portion of the Tranche B A Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Tranche B A Term Loan as it would be entitled to with respect to the Revolving Credit Loans.

Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, by 11:00 a.m. on the date that is three (3) Eurodollar Business Days prior to the Drawdown Date of the Original Tranche B Term Loan if all or any portion of the Original Tranche B Term Loan is to bear interest at the Eurodollar Rate. After the Original Tranche B Term Loan has been made, the provisions of §2.7 shall apply mutatis mutandis with respect to all or any portion of the Original Tranche B Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Original Tranche B Term Loan as it would be entitled to with respect to the Revolving Credit Loans.