Common use of Notification by Borrowers Clause in Contracts

Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan (or any portion thereof). After the Term Loan has been made, the provisions of ss.2.5 shall apply MUTATis MUTANDis with respect to all or any portion of the Term Loan so that the Borrowers may have the same Eurodollar interest rate options with respect to all or any portion of the Term Loan as they would be entitled to with respect to the Revolving Credit Loans, PROVIDED, HOWEVER, the Borrowers will have no more than twenty (20) different maturities of Eurodollar Loans (whether Revolving Credit Loans or a portion of the Term Loan) outstanding at any time. In the event that the Borrowers fail to give the Administrative Agent notice with respect to the continuation of any Eurodollar Loan hereunder within three (3) days prior to the expiration of the Interest Period relating thereto, then such Eurodollar Loan shall be converted to a Base Rate Loan.

Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan (or any portion thereof). After the Term Loan has been made, the provisions of ss.2.5 shall apply MUTATis MUTANDis MUTATIS MUTANDIS with respect to all or any portion of the Term Loan so that the Borrowers may have the same Eurodollar interest rate options with respect to all or any portion of the Term Loan as they would be entitled to with respect to the Revolving Credit Loans, PROVIDED, HOWEVER, the Borrowers will have no more than twenty (20) different maturities of Eurodollar Loans (whether Revolving Credit Loans or a portion of the Term Loan) outstanding at any time. In the event that the Borrowers fail to give the Administrative Agent notice with respect to the continuation of any Eurodollar Loan hereunder within three (3) days prior to the expiration of the Interest Period relating thereto, then such Eurodollar Loan shall be converted to a Base Rate Loan.

Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan (or any portion thereof). After ) if all or any portion of the Term Loan has been made, is to bear interest at the Eurodollar Rate. The provisions of ss.2.5 §5.11 and §5.12 shall apply MUTATis MUTANDis mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrowers may have the same Eurodollar interest rate options with respect to all or any portion of the Term Loan as they would be entitled to with respect to the Revolving Credit Loans, PROVIDEDprovided, HOWEVERhowever, the Borrowers will have no more than twenty ten (2010) different maturities of Eurodollar Rate Loans (whether Revolving Credit Loans or a portion of the Term LoanLoan or Revolving Credit Loans) outstanding at any time. In the event that the Borrowers fail to give the Administrative Agent notice with respect to the continuation of any Eurodollar Rate Loan hereunder within three (3) days prior to the expiration of the Interest Period relating thereto, then such Eurodollar Rate Loan shall be converted to a Base Rate Loan.

Notification by Borrowers. The Borrowers shall notify the Administrative Agent, such notice to be irrevocable, at least three (3) Eurodollar Business Days prior to the Drawdown Date of the Term Loan (or any portion thereof). After the Term Loan has been made, the provisions of ss.2.5 shall apply MUTATis MUTANDis mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrowers may have the same Eurodollar interest rate options with respect to all or any portion of the Term Loan as they would be entitled to with respect to the Revolving Credit Loans, PROVIDEDprovided, HOWEVERhowever, the Borrowers will have no more than twenty ten (2010) different maturities of Eurodollar Loans (whether Revolving Credit Loans or a portion of the Term Loan) outstanding at any time. In the event that the Borrowers fail to give the Administrative Agent notice with respect to the continuation of any Eurodollar Loan hereunder within three (3) days prior to the expiration of the Interest Period relating thereto, then such Eurodollar Loan shall be converted to a Base Rate LoanEurodollar Loan with an interest period of one (1) month at the end of the then expiring Interest Period relating thereto.