Common use of Notification Procedures Clause in Contracts

Notification Procedures. The Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor onto an internet or intranet site (including an IntraLinks, SyndTrak or other electronic workspace) in accordance with the Auction Manager’s standard dissemination practices by 4:00 p.m. New York time on the Business Day during which the Expiration Time occurs. The Auction Manager will insert the principal amount of Term Loans or Other Term Loans of the applicable Class to be assigned and the applicable settlement date into each applicable Auction Assignment and Assumption received in connection with a Qualifying Bid. Upon the request of the submitting Lender, the Auction Manager will promptly return any Auction Assignment and Assumption received in connection with a Return Bid that is not a Qualifying Bid.

Notification Procedures. The Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor onto an internet or intranet site (including an IntraLinks, SyndTrak or other electronic workspace) in accordance with the Auction Manager’s standard dissemination practices by 4:00 p.m. New York time on the Business Day during which the Expiration Time occurs. The Auction Manager will insert the principal amount of Term Loans or Other Term Loans of the applicable Class to be assigned and the applicable settlement date into each applicable Auction Assignment and Assumption received in connection with a Qualifying Bid. Upon the request of the submitting Lender, the Auction Manager will promptly return any Auction Assignment and Assumption received in connection with a Return Bid that is not a Qualifying Bid.

Notification Procedures. The applicable Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor onto an internet or intranet site (including an IntraLinks, SyndTrak IntraLinks or such other electronic workspaceworkspace reasonably acceptable to the Borrower) in accordance with the such Auction Manager’s standard dissemination practices by 4:00 p.m. New York time on the same Business Day during which as the Expiration Time occursdate the Return Bids were due. The applicable Auction Manager will insert the principal amount of Term Loans or Other Term Loans of the applicable Class to be assigned and the applicable settlement date into onto each applicable Auction Affiliate Purchaser Assignment and Assumption Agreement received in connection with a Qualifying Bid. Upon the request of the submitting Lender, the applicable Auction Manager will promptly return any Auction Affiliate Purchaser Assignment and Assumption Agreement received in connection with a Return Bid that is not a Qualifying Bid.

Notification Procedures. The Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor onto an internet or intranet site (including an IntraLinks, SyndTrak or other electronic workspace) in accordance with the Auction Manager’s standard dissemination practices by 4:00 p.m. New York City time on the Business Day during which the Expiration Time occurs. The Auction Manager will insert the principal amount of Term Loans or Other Term Loans of the applicable Class to be assigned and the applicable settlement date into each applicable Auction Affiliated Assignment and Assumption received in connection with a Qualifying Bid. Upon the request of the submitting Lender, the Auction Manager will promptly return any Auction Affiliated Assignment and Assumption received in connection with a Return Bid that is not a Qualifying Bid.

Notification Procedures. The Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor factor(s) onto an internet or intranet site (including an IntraLinks, SyndTrak or other electronic workspace) in accordance with the Auction Manager’s standard dissemination practices by [4:00 p.m. New York time time] on the same Business Day during which as the Expiration Time occursdate the Return Bids were due. The Auction Manager will insert the principal amount of Term Loans or Other Term Loans of the applicable Class to be assigned and the applicable settlement date into each applicable Auction Borrower Assignment and Assumption Acceptance received in connection with a Qualifying Bid. Upon the request of the submitting Lender, the Auction Manager will promptly return any Auction Borrower Assignment and Assumption Acceptance received in connection with a Return Bid that is not a Qualifying BidBid (as defined below).

Notification Procedures. The Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor onto an internet or intranet site (including an IntraLinks, SyndTrak or other electronic workspace) in accordance with the Auction Manager’s standard dissemination practices by 4:00 p.m. New York time on the Business Day during which the Expiration Time occurs. The Auction Manager will insert the principal amount of Term Loans or Other Term Loans of the applicable Class to be assigned and the applicable settlement date into each applicable Auction Assignment and Assumption received in connection with a Qualifying Bid. Upon the request of the submitting Lender, the Auction Manager will promptly return any Auction Assignment and Assumption received in connection with a Return Bid that is not a Qualifying Bid.

Notification Procedures. The Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor onto an internet or intranet site (including an IntraLinks, SyndTrak or other electronic workspace) in accordance with the Auction Manager’s standard dissemination practices by 4:00 p.m. p.m., New York time City time, on the same Business Day during which as the Expiration Time occursdate the Return Bids were due. The Auction Manager will insert the principal amount of Term Loans or Other Term Loans of the applicable Class to be assigned and the applicable settlement date into each applicable Auction Affiliated Lender Assignment and Assumption received in connection with a Qualifying Bid. Upon the request of the submitting Lender, the Auction Manager will promptly return any Auction Affiliated Lender Assignment and Assumption received in connection with a Return Bid that is not a Qualifying BidBid (as defined below).

Notification Procedures. The Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor onto an internet or intranet site (including an IntraLinks, SyndTrak or other electronic workspace) in accordance with the Auction Manager’s standard dissemination practices by 4:00 p.m. New York time on the same Business Day during which as the Expiration Time occursdate the Return Bids were due. The Auction Manager will insert the principal amount of Term Loans or Other New Term Loans of the applicable Class to be assigned and the applicable settlement date into each applicable Auction Affiliate Assignment and Assumption Agreement received in connection with a Qualifying Bid. Upon the request of the submitting Term Lender, the Auction Manager will promptly return any Auction Affiliate Assignment and Assumption Agreement received in connection with a Return Bid that is not a Qualifying Bid.