Common use of Notification of Loans, Interest Rates, Prepayments and Commitment Reductions; Availability of Loans Clause in Contracts

Notification of Loans, Interest Rates, Prepayments and Commitment Reductions; Availability of Loans. Promptly after receipt thereof, the Administrative Agent will notify each Lender of the contents of each Commitment reduction notice, Borrowing Notice, Swing Line Borrowing Notice, Conversion/Continuation Notice, notice of a reduction of the Swing Line Sublimit and prepayment notice received by it hereunder. The Administrative Agent will notify each Lender of the interest rate applicable to each Loan promptly upon determination of such interest rate and will give each such Lender and each Borrower prompt notice of each change in the Alternate Base Rate. Not later than 1:00 p.m. (New York time), in the case of any Loan denominated in Dollars (other than Swing Line Loans, which will instead be subject to Section 2.02(b)), and not later than the Applicable Time, in the case of any Loan denominated in a Foreign Currency, in each case, on each Borrowing Date, each Lender shall make available its Loan or Loans in funds immediately available to the Administrative Agent’s Office for the applicable currency; provided that if any Lender has not compiled with its funding obligation by such time, the Administrative Agent will promptly notify WBA of such Lender. The Administrative Agent will make the funds so received from the Lenders available to the applicable Borrower at the Administrative Agent’s aforesaid address no later than 2:00 p.m. on the Borrowing Date (including, for the avoidance of doubt, if a Lender has failed to meet its funding obligation, in which case the Administrative Agent will make the funds actually received so available to the applicable Borrower).

Notification of Loans, Interest Rates, Prepayments and Commitment Reductions; Availability of Loans. Promptly after receipt thereof, the Administrative Agent will notify each Lender of the contents of each Commitment reduction notice, Borrowing Notice, Swing Line Borrowing Notice, Conversion/Continuation Notice, notice of a reduction of the Swing Line Sublimit and prepayment notice received by it hereunder. The Administrative Agent will notify each Lender of the interest rate applicable to each Loan promptly upon determination of such interest rate and will give each such Lender and each Borrower prompt notice of each change in the Alternate Base Rate. Not later than 1:00 p.m. (New York time), in the case of any Loan denominated in Dollars (other than Swing Line Loans, which will instead be subject to Section 2.02(b)), and not later than the Applicable Time, in the case of any Loan denominated in a Foreign Currency, in each case, on each Borrowing Date, each Lender shall make available its Loan or Loans in funds immediately available to the Administrative Agent’s Office for the applicable currency; provided that if any Lender has not compiled complied with its funding obligation by such time, the Administrative Agent will promptly notify WBA of such LenderXxxxxx. The Administrative Agent will make the funds so received from the Lenders available to the applicable Borrower at the Administrative Agent’s aforesaid address no later than 2:00 p.m. on the Borrowing Date (including, for the avoidance of doubt, if a Lender has failed to meet its funding obligation, in which case the Administrative Agent will make the funds actually received so available to the applicable Borrower).

Notification of Loans, Interest Rates, Prepayments and Commitment Reductions; Availability of Loans. Promptly after receipt thereof, the Administrative Agent will notify each Lender of the applicable Tranche of the contents of each Commitment reduction notice, Revolving Loan Borrowing Notice, Swing Line Loan Borrowing Notice, Conversion/Continuation Notice, notice of a reduction of the Swing Line Sublimit and prepayment notice with respect to such Tranche received by it hereunder. The Administrative Agent will notify each Lender of the applicable Tranche of the interest rate applicable to each Loan promptly upon determination of such interest rate and will give each such Lender and each Borrower prompt notice of each change in the Alternate Base Rate. Not later than 1:00 p.m. (New York time), in the case of any Revolving Loan denominated in Dollars (other than Swing Line Loans, which will instead be subject to Section 2.02(b))Dollars, and not later than the Applicable Time, in the case of any Revolving Loan denominated in a Foreign Currency, in each case, on each Borrowing Date, each Lender under the applicable Tranche shall make available its Revolving Loan or Revolving Loans under the applicable Tranche in funds immediately available to the Administrative Agent’s Office for the applicable currency; provided that if any Lender has not compiled with its funding obligation by such time, the Administrative Agent will promptly notify WBA of such Lender. The Administrative Agent will make the funds so received from the Lenders available to the applicable Borrower at the Administrative Agent’s aforesaid address no later than 2:00 p.m. on the Borrowing Date (including, for the avoidance of doubt, if a Lender has failed to meet its funding obligation, in which case the Administrative Agent will make the funds actually received so available to the applicable Borrower)address.