Common use of Notification of Advances, Interest Rates and Prepayments Clause in Contracts

Notification of Advances, Interest Rates and Prepayments. Promptly after receipt thereof, (i) the Administrative Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Aggregate Fronting Sublimit reduction notice, Committed Borrowing Notice, Dollar Continuation/Conversion Notice, Non-Dollar Continuation Conversion Notice, Competitive Bid Borrowing Notice, and repayment notice received by it hereunder and (ii) the Fronting Agent will notify each Fronting Lender of the contents of each Fronted Borrowing Notice and repayment notice received by it hereunder. In addition, (A) with respect to each Committed Borrowing Notice, the Administrative Agent shall notify each Lender of its pro rata share of the Advance to be made pursuant to such Committed Borrowing Notice and (B) with respect to each Fronted Borrowing Notice, the Fronting Agent shall notify each Fronting Lender of its pro rata share of the Advance to be made pursuant to such Fronted Borrowing Notice. The Administrative Agent will notify the applicable Borrower and each Lender of the interest rate applicable to each Fixed Rate Advance promptly upon determination of such interest rate and will give each Borrower and each Lender prompt notice of each change in the Alternate Base Rate; provided, however, that the Administrative Agent's failure to give any such notice will not affect any Borrower's obligation to pay interest to the Lenders at the applicable interest rate. The Fronting Agent will notify Whirlpool, Whirlpool Finance and each Fronting Lender of the interest rate applicable to each Fronted Advance promptly upon determination of such interest rate; provided, however, that the Fronting Agent's failure to give any such notice will not affect Whirlpool's or Whirlpool Finance's obligation to pay interest to the Fronting Lenders at the applicable interest rate.

Notification of Advances, Interest Rates and Prepayments. Promptly after receipt thereof, (i) the Administrative Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Aggregate Fronting Sublimit reduction notice, Committed Borrowing Notice, Dollar Continuation/Conversion Notice, Non-Dollar Continuation Conversion Notice, Competitive Bid Borrowing Notice, and repayment notice received by it hereunder and (ii) the Fronting Agent will notify each Fronting Lender of the contents of each Fronted Borrowing Notice and repayment notice received by it hereunder. In addition, (A) with respect to each Committed Borrowing Notice, the Administrative Agent shall notify each Lender of its pro rata share of the Advance to be made pursuant to such Committed Borrowing Notice and (B) with respect to each Fronted Borrowing Notice, the Fronting Agent shall notify each Fronting Lender of its pro rata share of the Advance to be made pursuant to such Fronted Borrowing Notice. The Administrative Agent will notify the applicable Borrower and each Lender of the interest rate applicable to each Fixed Eurocurrency Rate Advance promptly upon determination of such interest rate and will give each Borrower and each Lender prompt notice of each change in the Alternate Base Rate; provided, however, that the Administrative Agent's ’s failure to give any such notice will not affect any Borrower's ’s obligation to pay interest to the Lenders at the applicable interest rate. The Fronting Agent will notify Whirlpool, Whirlpool Finance and each Fronting Lender of the interest rate applicable to each Fronted Advance promptly upon determination of such interest rate; provided, however, that the Fronting Agent's ’s failure to give any such notice will not affect Whirlpool's ’s or Whirlpool Finance's ’s obligation to pay interest to the Fronting Lenders at the applicable interest rate.

Notification of Advances, Interest Rates and Prepayments. Promptly after receipt thereof, (i) the Administrative Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Aggregate Fronting Sublimit reduction notice, Committed Borrowing Notice, Dollar Continuation/Conversion Notice, Non-Dollar Continuation Conversion Notice, Competitive Bid Borrowing Notice, and repayment notice received by it hereunder and (ii) the Fronting Agent will notify each Fronting Lender of the contents of each Fronted Borrowing Notice and repayment notice received by it hereunder. In addition, (A) with respect to each Committed Borrowing Notice, the Administrative Agent shall notify each Lender of its pro rata share of the Advance to be made pursuant to such Committed Borrowing Notice and (B) with respect to each Fronted Borrowing Notice, the Fronting Agent shall notify each Fronting Lender of its pro rata share of the Advance to be made pursuant to such Fronted Borrowing Notice. The Administrative Agent will notify the applicable Borrower and each Lender of the interest rate applicable to each Fixed Eurocurrency Rate Advance promptly upon determination of such interest rate (it being understood that the Administrative Agent shall not be required to disclose to any party hereto any information regarding any Reference Bank or any rate provided by such Reference Bank in accordance with the definition of “Eurocurrency Base Rate”, including, without limitation, whether a Reference Bank has provided a rate or the rate provided by any individual Reference Bank) and will give each Borrower and each Lender prompt notice of each change in the Alternate Base Rate; provided, however, that the Administrative Agent's ’s failure to give any such notice will not affect any Borrower's ’s obligation to pay interest to the Lenders at the applicable interest rate. The Fronting Each Reference Bank agrees, if requested by the Administrative Agent, to furnish to the Administrative Agent will notify Whirlpool, Whirlpool Finance and timely information for the purpose of determining each Fronting Lender Eurocurrency Base Rate. If any one or more of the interest rate applicable Reference Banks shall not furnish such timely information to each Fronted Advance promptly upon determination the Administrative Agent for the purpose of determining any such interest rate; provided, however, the Administrative Agent shall determine such interest rate on the basis of timely information furnished by the remaining Reference Banks provided that the Fronting Agent's failure to give any no fewer than two Reference Banks shall have timely delivered such notice will not affect Whirlpool's or Whirlpool Finance's obligation to pay interest to the Fronting Lenders at the applicable interest rateinformation.

Notification of Advances, Interest Rates and Prepayments. Promptly after receipt thereof, (i) the Administrative Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Aggregate Fronting Sublimit reduction notice, Committed Borrowing Notice, Dollar Continuation/Conversion Notice, Non-Dollar Continuation Conversion Notice, Competitive Bid Borrowing Notice, and repayment notice received by it hereunder and (ii) the Fronting Agent will notify each Fronting Lender of the contents of each Fronted Borrowing Notice and repayment notice received by it hereunder. In addition, (A) with respect to each Committed Borrowing Notice, the Administrative Agent shall notify each Lender of its pro rata share of the Advance to be made pursuant to such Committed Borrowing Notice and (B) with respect to each Fronted Borrowing Notice, the Fronting Agent shall notify each Fronting Lender of its pro rata share of the Advance to be made pursuant to such Fronted Borrowing Notice. The Administrative Agent will notify the applicable Borrower and each Lender of the interest rate applicable to each Fixed Eurocurrency Rate Advance promptly upon determination of such interest rate (it being understood that the Administrative Agent shall not be required to disclose to any party hereto any information regarding any Reference Bank or any rate provided by such Reference Bank in accordance with the definition of “Eurocurrency Base Rate”, including, without limitation, whether a Reference Bank has provided a rate or the rate provided by any individual Reference Bank) and will give each Borrower and each Lender prompt notice of each change in the Alternate Base Rate; provided, however, that the Administrative Agent's ’s failure to give any such notice will not affect any Borrower's ’s obligation to pay interest to the Lenders at the applicable interest rate. The Fronting Agent will notify WhirlpoolEach Reference Bank agrees, Whirlpool Finance and if requested by the Administrative Agent, to furnish to the Administrative Agent, timely information for the purpose of determining each Fronting Lender Eurocurrency Base Rate. If any one or more of the interest rate applicable Reference Banks shall not furnish such timely information to each Fronted Advance promptly upon determination the Administrative Agent for the purpose of determining any such interest rate; provided, however, the Administrative Agent shall determine such interest rate on the basis of timely information furnished by the remaining Reference Banks provided that the Fronting Agent's failure to give any no fewer than two Reference Banks shall have timely delivered such notice will not affect Whirlpool's or Whirlpool Finance's obligation to pay interest to the Fronting Lenders at the applicable interest rateinformation.

Notification of Advances, Interest Rates and Prepayments. Promptly after receipt thereof, (i) the Administrative Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Aggregate Fronting Sublimit reduction notice, Committed Borrowing Notice, Dollar Continuation/Conversion Notice, Non-Dollar Continuation Conversion Notice, Competitive Bid Borrowing Notice, and repayment notice received by it hereunder and (ii) the Fronting Agent will notify each Fronting Lender of the contents of each Fronted Borrowing Notice and repayment notice received by it hereunder. In addition, (A) with respect to each Committed Borrowing Notice, the Administrative Agent shall notify each Lender of its pro rata share of the Advance to be made pursuant to such Committed Borrowing Notice and (B) with respect to each Fronted Borrowing Notice, the Fronting Agent shall notify each Fronting Lender of its pro rata share of the Advance to be made pursuant to such Fronted Borrowing Notice. The Administrative Agent will notify the applicable Borrower and each Lender of the interest rate applicable to each Fixed Rate Advance promptly upon determination of such interest rate and will give each Borrower and each Lender prompt notice of each change in the Alternate Base Rate; provided, however, that the Administrative Agent's ’s failure to give any such notice will not affect any Borrower's ’s obligation to pay interest to the Lenders at the applicable interest rate. The Fronting Agent will notify Whirlpool, Whirlpool Finance and each Fronting Lender of the interest rate applicable to each Fronted Advance promptly upon determination of such interest rate; provided, however, that the Fronting Agent's ’s failure to give any such notice will not affect Whirlpool's ’s or Whirlpool Finance's ’s obligation to pay interest to the Fronting Lenders at the applicable interest rate.

Notification of Advances, Interest Rates and Prepayments. Promptly after receipt thereof, (i) the Administrative Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Aggregate Fronting Sublimit reduction notice, Committed Borrowing Notice, Dollar Continuation/Conversion Notice, Non-Dollar Continuation Conversion Notice, Competitive Bid Borrowing Notice, and repayment notice received by it hereunder and (ii) the Fronting Agent will notify each Fronting Lender of the contents of each Fronted Borrowing Notice and repayment notice received by it hereunder. In addition, (A) with respect to each Committed Borrowing Notice, the Administrative Agent shall notify each Lender of its pro rata share of the Advance to be made pursuant to such Committed Borrowing Notice and (B) with respect to each Fronted Borrowing Notice, the Fronting Agent shall notify each Fronting Lender of its pro rata share of the Advance to be made pursuant to such Fronted Borrowing Notice. The Administrative Agent will notify the applicable Borrower and each Lender of the interest rate applicable to each Fixed Eurocurrency Rate Advance promptly upon determination of such interest rate (it being understood that the Administrative Agent shall not be required to disclose to any party hereto any information regarding any Reference Bank or any rate provided by such Reference Bank in accordance with the definition of “Eurocurrency Base 28 Rate”, including, without limitation, whether a Reference Bank has provided a rate or the rate provided by any individual Reference Bank) and will give each Borrower and each Lender prompt notice of each change in the Alternate Base Rate; provided, however, that the Administrative Agent's ’s failure to give any such notice will not affect any Borrower's ’s obligation to pay interest to the Lenders at the applicable interest rate. The Fronting Each Reference Bank agrees, if requested by the Administrative Agent, to furnish to the Administrative Agent will notify Whirlpool, Whirlpool Finance and timely information for the purpose of determining each Fronting Lender Eurocurrency Base Rate. If any one or more of the interest rate applicable Reference Banks shall not furnish such timely information to each Fronted Advance promptly upon determination the Administrative Agent for the purpose of determining any such interest rate; provided, however, the Administrative Agent shall determine such interest rate on the basis of timely information furnished by the remaining Reference Banks provided that the Fronting Agent's failure to give any no fewer than two Reference Banks shall have timely delivered such notice will not affect Whirlpool's or Whirlpool Finance's obligation to pay interest to the Fronting Lenders at the applicable interest rateinformation.