Common use of Procedure for Borrowing of Revolving Loans Clause in Contracts

Procedure for Borrowing of Revolving Loans. The Borrowers may borrow under the Revolving Commitments during the Revolving Commitment Period on any Business Day, provided that (x) any such borrowings on the Closing Date shall not in the aggregate exceed the sum of (i) $20,000,000 (exclusive of any Letters of Credit issued on the Closing Date), (ii) an amount necessary to fund any working capital needs of the Borrowers and their Subsidiaries on the Closing Date and (iii) at the Borrower Representative’s election, an amount to fund upfront or similar fees or original issue discount payable by the Borrowers or any of the Restricted Subsidiaries to the Lenders providing Commitments in the initial primary syndication thereof, resulting from the exercise of “market flex” as provided in the Fee Letter and (y) the Borrower Representative (on behalf of the Borrowers) shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to (a) 11:00 a.m. (New York City time), three (3) Business Days prior to the requested Borrowing Date, in the case of EurocurrencyTerm Benchmark Loans or (b) 11:00 a.m.. (New York City time), on the requested date of such Borrowing, in the case of ABR Loans (in each case or such shorter period as the Administrative Agent acting reasonably shall agree) and which notice shall be by written notice), specifying (i) the amount and Type of Revolving Loans to be borrowed, (ii) the requested Borrowing Date, (iii) in the case of EurocurrencyTerm Benchmark Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor and (iv) instructions for remittance of the applicable Loans to be borrowed; provided, however, that if the Borrower Representative (on behalf of the Borrowers) wishes to request Eurocurrency Loans having an Interest Period other than one, two, three or six months in duration as provided in the definition of “Interest Period,” the applicable notice must be received by the Administrative Agent not later than 11:00 a.m. (New York City time) four (4) Business Days (or such shorter period as the Administrative Agent acting reasonably shall agree) prior to the requested date of such Borrowing, whereupon the Administrative Agent shall give prompt notice to the Lenders of such request and determine whether the requested Interest Period is acceptable to all of them. Not later than 11:00 a.m. (New York City Time) three (3) Business Days before the requested date of such Borrowing, the Administrative Agent shall notify the Borrower Representative (on behalf of the Borrowers) whether or not the requested Interest Period has been consented to by all the Lenders. Notwithstanding the foregoing, such notices may be conditioned on the occurrence of the Closing Date, or with respect to Revolving Loans made pursuant to Revolving Commitments that become effective after the Closing Date, may be conditioned on the occurrence of any transaction utilizing the applicable Revolving Loans. Each borrowing under the Revolving Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof and (y) in the case of EurocurrencyTerm Benchmark Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof; provided that the Swingline Lender may request, on behalf of the Borrowers, borrowings under the Revolving Commitments that are ABR Loans in other amounts pursuant to Section 2.7. Upon receipt of any such notice from the Borrower Representative, the Administrative Agent shall promptly notify each Revolving Lender thereof. Each Revolving Lender will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower designated in the applicable notice of Borrowing prior to 1:00 p.m. (New York City time) on the Borrowing Date requested by the applicable Borrower in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the applicable Borrower by the Administrative Agent crediting such account or by wire transfer as is designated in writing to the Administrative Agent by the Borrower Representative (on behalf of the applicable Borrower), with the aggregate of the amounts made available to the Administrative Agent by the Revolving Lenders and in like funds as received by the Administrative Agent.

Procedure for Borrowing of Revolving Loans. The Borrowers Borrower may borrow under the Revolving Commitments during the Revolving Commitment Period on any Business Banking Day, provided that (x) any such borrowings on the Closing Date shall not in the aggregate exceed the sum of (i) $20,000,000 (exclusive of any Letters of Credit issued on the Closing Date), (ii) an amount necessary to fund any working capital needs of the Borrowers and their Subsidiaries on the Closing Date and (iii) at the Borrower Representative’s election, an amount to fund upfront or similar fees or original issue discount payable by the Borrowers or any of the Restricted Subsidiaries to the Lenders providing Commitments in the initial primary syndication thereof, resulting from the exercise of “market flex” as provided in the Fee Letter and (y) the Borrower Representative (on behalf of the Borrowers) shall give the Administrative Agent irrevocable notice of such borrowing (which notice must be received by the Administrative Agent prior to (a) 11:00 a.m. (12:00 Noon, New York City time), (a) three (3) Business Banking Days prior to the requested Borrowing Date, in the case of EurocurrencyTerm Benchmark Loans Eurodollar Rate Loans, or (b) 11:00 a.m.. (New York City time), on one Banking Day prior to the requested date of such BorrowingBorrowing Date, in the case of ABR Loans (in each case or such shorter period as the Administrative Agent acting reasonably shall agree) and which Base Rate Loans. Such notice shall be in the form of a Notice of Borrowing, substantially in the form of Exhibit C-1 hereto, which has been duly completed and executed by written notice), specifying the Borrower and shall specify (i) the amount and Type of Revolving Loans to be borrowed, (ii) the requested Borrowing Date, (iii) in the case of EurocurrencyTerm Benchmark Eurodollar Rate Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor and (iv) instructions for unless the Administrative Agent previously has been notified in writing thereof, the Xxxxxxxx's remittance of instructions. Any Revolving Loans made prior to the applicable date which is 30 days after the Closing Date shall be made as Base Rate Loans to be borrowed; provided, however, that if the Borrower Representative (on behalf of the Borrowers) wishes to request Eurocurrency or Eurodollar Rate Loans having an Interest Period other than oneof one month and, two, three or six months in duration as provided in the definition of “Interest Period,” the applicable notice must be received unless otherwise agreed by the Administrative Agent not later than 11:00 a.m. (New York City time) four (4) Business Days (in its sole discretion, no Revolving Loan may be converted into or such shorter period continued as the Administrative Agent acting reasonably shall agree) a Eurodollar Rate Loan having an Interest Period in excess of one month prior to the requested date of such Borrowing, whereupon the Administrative Agent shall give prompt notice to the Lenders of such request and determine whether the requested Interest Period that is acceptable to all of them. Not later than 11:00 a.m. (New York City Time) three (3) Business Days before the requested date of such Borrowing, the Administrative Agent shall notify the Borrower Representative (on behalf of the Borrowers) whether or not the requested Interest Period has been consented to by all the Lenders. Notwithstanding the foregoing, such notices may be conditioned on the occurrence of the Closing Date, or with respect to Revolving Loans made pursuant to Revolving Commitments that become effective 30 days after the Closing Date, may be conditioned on the occurrence of any transaction utilizing the applicable Revolving Loans. Each borrowing under the Revolving Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 10,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and (y) in the case of EurocurrencyTerm Benchmark Loansor, if then aggregate Available Revolving Commitments are less than $1,000,000 or a whole multiple of $500,000 in excess thereof10,000,000, such lesser amount; provided that such lesser amount must be borrowed as a Base Rate Loan); provided, that the Swingline Lender Bank may request, on behalf of the BorrowersBorrower, borrowings under the Revolving Commitments that are ABR Base Rate Loans in other amounts pursuant to Section 2.73.2(b). Upon receipt of any such notice from the Borrower RepresentativeBorrower, the Administrative Agent shall promptly notify each Revolving Lender Bank thereof. Each Revolving Lender Bank will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower designated in at the applicable notice of Borrowing Funding Office prior to 1:00 p.m. (12:00 Noon, New York City time) , on the Borrowing Date requested by the applicable Borrower in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the applicable Borrower by the Administrative Agent crediting such the account or by wire transfer as is designated in writing to the Administrative Agent by of the Borrower Representative (on behalf the books of the applicable Borrower), such office with the aggregate of the amounts made available to the Administrative Agent by the Revolving Lenders Banks and in like funds as received by the Administrative Agent.

Procedure for Borrowing of Revolving Loans. The Borrowers Borrower may borrow under the Revolving Commitments during the Revolving Commitment Period on any Business Day, provided that (x) any such borrowings on the Closing Date shall not in the aggregate exceed the sum of (i) $20,000,000 10,000,000 (exclusive of any Letters of Credit issued on the Closing Date), ) and (ii) an amount necessary to fund any working capital needs of the Borrowers and their Subsidiaries on the Closing Date and (iii) at the Borrower RepresentativeBorrower’s election, an amount sufficient to fund all upfront or similar fees or original issue discount payable by the Borrowers Borrower or any of the Restricted Subsidiaries Subsidiary to the Lenders providing Commitments in the initial primary syndication thereof, resulting from thereof or to the exercise providers of “market flex” as provided in any other financing (including the Fee Letter Senior Notes) for the Transactions and/or to fund working capital and (y) the Borrower Representative (on behalf of the Borrowers) shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to (a) 11:00 a.m. (2:00 P.M., New York City time), three (3) Business Days prior to the requested Borrowing Date, in the case of EurocurrencyTerm Benchmark Loans Eurodollar Loans, or (b) 11:00 a.m.. (12:00 Noon, New York City time), on the requested date of such BorrowingBorrowing Date, in the case of ABR Loans (in each case or such shorter period as the Administrative Agent acting reasonably shall agree) and which notice shall be by written noticeLoans), specifying (i) the amount and Type of Revolving Loans to be borrowed, (ii) the requested Borrowing Date, (iii) in the case of EurocurrencyTerm Benchmark Eurodollar Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor and (iv) instructions for remittance of the applicable Loans to be borrowed; provided. Unless otherwise agreed by the Administrative Agent in its sole discretion, howeverno Revolving Loan may be made as, that if the Borrower Representative (on behalf of the Borrowers) wishes to request Eurocurrency Loans converted into or continued as a Eurodollar Loan having an Interest Period other than one, two, three or six months in duration as provided in the definition excess of “Interest Period,” the applicable notice must be received by the Administrative Agent not later than 11:00 a.m. (New York City time) four (4) Business Days (or such shorter period as the Administrative Agent acting reasonably shall agree) one month prior to the requested date of such Borrowing, whereupon the Administrative Agent shall give prompt notice to the Lenders of such request and determine whether the requested Interest Period that is acceptable to all of them. Not later than 11:00 a.m. (New York City Time) three (3) Business Days before the requested date of such Borrowing, the Administrative Agent shall notify the Borrower Representative (on behalf of the Borrowers) whether or not the requested Interest Period has been consented to by all the Lenders. Notwithstanding the foregoing, such notices may be conditioned on the occurrence of the Closing Date, or with respect to Revolving Loans made pursuant to Revolving Commitments that become effective 30 days after the Closing Date, may be conditioned on the occurrence of any transaction utilizing the applicable Revolving Loans. Each borrowing under the Revolving Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 500,000 or a whole multiple of $500,000 250,000 in excess thereof (or, if the then aggregate Available Revolving Commitments of the Lenders are less than $500,000, such lesser amount) and (y) in the case of EurocurrencyTerm Benchmark Eurodollar Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof; provided that the Swingline Lender may request, on behalf of the BorrowersBorrower, borrowings under the Revolving Commitments that are ABR Loans in other amounts pursuant to Section 2.7. Upon receipt of any such notice from the Borrower RepresentativeBorrower, the Administrative Agent shall promptly notify each Revolving Lender thereof. Each Revolving Lender will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower designated in at the applicable notice of Borrowing Funding Office prior to 1:00 p.m. (12:00 Noon, New York City time) , on the Borrowing Date requested by the applicable Borrower in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the applicable Borrower by the Administrative Agent crediting such account or by wire transfer as is designated in writing to the Administrative Agent by the Borrower Representative (on behalf of the applicable Borrower), with the aggregate of the amounts made available to the Administrative Agent by the Revolving Lenders and in like funds as received by the Administrative Agent.

Procedure for Borrowing of Revolving Loans. The Borrowers Borrower may borrow under the Revolving Commitments during the Revolving Commitment Period on any Business Banking Day, provided that (x) any such borrowings on the Closing Date shall not in the aggregate exceed the sum of (i) $20,000,000 (exclusive of any Letters of Credit issued on the Closing Date), (ii) an amount necessary to fund any working capital needs of the Borrowers and their Subsidiaries on the Closing Date and (iii) at the Borrower Representative’s election, an amount to fund upfront or similar fees or original issue discount payable by the Borrowers or any of the Restricted Subsidiaries to the Lenders providing Commitments in the initial primary syndication thereof, resulting from the exercise of “market flex” as provided in the Fee Letter and (y) the Borrower Representative (on behalf of the Borrowers) shall give the Administrative Agent irrevocable notice of such borrowing (which notice must be received by the Administrative Agent prior to (a) 11:00 a.m. (12:00 Noon, New York City time), (a) three (3) Business Banking Days prior to the requested Borrowing Date, in the case of EurocurrencyTerm Benchmark Loans Eurodollar Rate Loans, or (b) 11:00 a.m.. (New York City time), on one Banking Day prior to the requested date of such BorrowingBorrowing Date, in the case of ABR Loans (in each case or such shorter period as the Administrative Agent acting reasonably shall agree) and which Base Rate Loans. Such notice shall be in the form of a Notice of Borrowing, substantially in the form of Exhibit C-1 hereto, which has been duly completed and executed by written notice), specifying the Borrower and shall specify (i) the amount and Type of Revolving Loans to be borrowed, (ii) the requested Borrowing Date, (iii) in the case of EurocurrencyTerm Benchmark Eurodollar Rate Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor and (iv) instructions for remittance of the applicable Loans to be borrowed; provided, however, that if the Borrower Representative (on behalf of the Borrowers) wishes to request Eurocurrency Loans having an Interest Period other than one, two, three or six months in duration as provided in the definition of “Interest Period,” the applicable notice must be received by unless the Administrative Agent not later than 11:00 a.m. (New York City time) four (4) Business Days (or such shorter period as the Administrative Agent acting reasonably shall agree) prior to the requested date of such Borrowing, whereupon the Administrative Agent shall give prompt notice to the Lenders of such request and determine whether the requested Interest Period is acceptable to all of them. Not later than 11:00 a.m. (New York City Time) three (3) Business Days before the requested date of such Borrowingpreviously has been notified in writing thereof, the Administrative Agent shall notify the Borrower Representative (on behalf of the Borrowers) whether or not the requested Interest Period has been consented to by all the Lenders. Notwithstanding the foregoing, such notices may be conditioned on the occurrence of the Closing Date, or with respect to Revolving Loans made pursuant to Revolving Commitments that become effective after the Closing Date, may be conditioned on the occurrence of any transaction utilizing the applicable Revolving LoansBorrower's remittance instructions. Each borrowing under the Revolving Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 10,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and (y) in the case of EurocurrencyTerm Benchmark Loansor, if then aggregate Available Revolving Commitments are less than $1,000,000 or a whole multiple of $500,000 in excess thereof10,000,000, such lesser amount; provided that such lesser amount must be borrowed as a Base Rate Loan); provided, that the Swingline Lender Bank may request, on behalf of the BorrowersBorrower, borrowings under the Revolving Commitments that are ABR Base Rate Loans in other amounts pursuant to Section 2.73.2(b). Upon receipt of any such notice from the Borrower RepresentativeBorrower, the Administrative Agent shall promptly notify each Revolving Lender Bank thereof. Each Revolving Lender Bank will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower designated in at the applicable notice of Borrowing Funding Office prior to 1:00 p.m. (12:00 Noon, New York City time) , on the Borrowing Date requested by the applicable Borrower in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the applicable Borrower by the Administrative Agent crediting such the account or by wire transfer as is designated in writing to the Administrative Agent by of the Borrower Representative (on behalf the books of the applicable Borrower), such office with the aggregate of the amounts made available to the Administrative Agent by the Revolving Lenders Banks and in like funds as received by the Administrative Agent.

Procedure for Borrowing of Revolving Loans. The Borrowers may borrow under the Revolving Commitments during the Revolving Commitment Period on any Business Day, provided that (x) any such borrowings on the Closing Date shall not in the aggregate exceed the sum of (i) $20,000,000 (exclusive of any Letters of Credit issued on the Closing Date), (ii) an amount necessary to fund any working capital needs of the Borrowers and their Subsidiaries on the Closing Date and (iii) at the Borrower Representative’s election, an amount to fund upfront or similar fees or original issue discount payable by the Borrowers or any of the Restricted Subsidiaries to the Lenders providing Commitments in the initial primary syndication thereof, resulting from the exercise of “market flex” as provided in the Fee Letter and (y) the Borrower Representative (on behalf of the Borrowers) shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to (a) 11:00 a.m. (New York City time), three (3) Business Days prior to the requested Borrowing Date, in the case of EurocurrencyTerm Term Benchmark Loans or (b) 11:00 a.m.. (New York City time), on the requested date of such Borrowing, in the case of ABR Loans (in each case or such shorter period as the Administrative Agent acting reasonably shall agree) and which notice shall be by written notice), specifying (i) the amount and Type of Revolving Loans to be borrowed, (ii) the requested Borrowing Date, (iii) in the case of EurocurrencyTerm Term Benchmark Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor and (iv) instructions for remittance of the applicable Loans to be borrowed; provided, however, that if the Borrower Representative (on behalf of the Borrowers) wishes to request Eurocurrency Loans having an Interest Period other than one, two, three or six months in duration as provided in the definition of “Interest Period,” the applicable notice must be received by the Administrative Agent not later than 11:00 a.m. (New York City time) four (4) Business Days (or such shorter period as the Administrative Agent acting reasonably shall agree) prior to the requested date of such Borrowing, whereupon the Administrative Agent shall give prompt notice to the Lenders of such request and determine whether the requested Interest Period is acceptable to all of them. Not later than 11:00 a.m. (New York City Time) three (3) Business Days before the requested date of such Borrowing, the Administrative Agent shall notify the Borrower Representative (on behalf of the Borrowers) whether or not the requested Interest Period has been consented to by all the Lenders. Notwithstanding the foregoing, such notices may be conditioned on the occurrence of the Closing Date or the Amendment No. 6 Effective Date, as applicable, or with respect to Revolving Loans made pursuant to Revolving Commitments that become effective after the Closing Date, may be conditioned on the occurrence of any transaction utilizing the applicable Revolving Loans. Each borrowing under the Revolving Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof and (y) in the case of EurocurrencyTerm Term Benchmark Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof; provided that the Swingline Lender may request, on behalf of the Borrowers, borrowings under the Revolving Commitments that are ABR Loans in other amounts pursuant to Section 2.7. Upon receipt of any such notice from the Borrower Representative, the Administrative Agent shall promptly notify each Revolving Lender thereof. Each Revolving Lender will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower designated in the applicable notice of Borrowing prior to 1:00 p.m. (New York City time) on the Borrowing Date requested by the applicable Borrower in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the applicable Borrower by the Administrative Agent crediting such account or by wire transfer as is designated in writing to the Administrative Agent by the Borrower Representative (on behalf of the applicable Borrower), with the aggregate of the amounts made available to the Administrative Agent by the Revolving Lenders and in like funds as received by the Administrative Agent.

Procedure for Borrowing of Revolving Loans. The Borrowers Borrower may borrow under the Revolving Commitments during the Revolving Commitment Period on any Business Banking Day, provided that (x) any such borrowings on the Closing Date shall not in the aggregate exceed the sum of (i) $20,000,000 (exclusive of any Letters of Credit issued on the Closing Date), (ii) an amount necessary to fund any working capital needs of the Borrowers and their Subsidiaries on the Closing Date and (iii) at the Borrower Representative’s election, an amount to fund upfront or similar fees or original issue discount payable by the Borrowers or any of the Restricted Subsidiaries to the Lenders providing Commitments in the initial primary syndication thereof, resulting from the exercise of “market flex” as provided in the Fee Letter and (y) the Borrower Representative (on behalf of the Borrowers) shall give the Administrative Agent irrevocable notice of such borrowing (which notice must be received by the Administrative Agent prior to (a) 11:00 a.m. (12:00 Noon, New York City time), (a) three (3) Business Banking Days prior to the requested Borrowing Date, in the case of EurocurrencyTerm Benchmark Loans Eurodollar Rate Loans, or (b) 11:00 a.m.. (New York City time), on one Banking Day prior to the requested date of such BorrowingBorrowing Date, in the case of ABR Loans (in each case or such shorter period as the Administrative Agent acting reasonably shall agree) and which Base Rate Loans. Such notice shall be in the form of a Notice of Borrowing, substantially in the form of Exhibit C-1 hereto, which has been duly completed and executed by written notice), specifying the Borrower and shall specify (i) the amount and Type of Revolving Loans to be borrowed, (ii) the requested Borrowing Date, (iii) in the case of EurocurrencyTerm Benchmark Eurodollar Rate Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor and (iv) instructions for unless the Administrative Agent previously has been notified in writing thereof, the Xxxxxxxx's remittance of instructions. Any Revolving Loans made prior to the applicable date which is 30 days after the Closing Date shall be made as Base Rate Loans to be borrowed; provided, however, that if the Borrower Representative (on behalf of the Borrowers) wishes to request Eurocurrency or Eurodollar Rate Loans having an Interest Period other than oneof one month and, two, three or six months in duration as provided in the definition of “Interest Period,” the applicable notice must be received unless otherwise agreed by the Administrative Agent not later than 11:00 a.m. (New York City time) four (4) Business Days (in its sole discretion, no Revolving Loan may be converted into or such shorter period continued as the Administrative Agent acting reasonably shall agree) a Eurodollar Rate Loan having an Interest Period in excess of one month prior to the requested date of such Borrowing, whereupon the Administrative Agent shall give prompt notice to the Lenders of such request and determine whether the requested Interest Period that is acceptable to all of them. Not later than 11:00 a.m. (New York City Time) three (3) Business Days before the requested date of such Borrowing, the Administrative Agent shall notify the Borrower Representative (on behalf of the Borrowers) whether or not the requested Interest Period has been consented to by all the Lenders. Notwithstanding the foregoing, such notices may be conditioned on the occurrence of the Closing Date, or with respect to Revolving Loans made pursuant to Revolving Commitments that become effective 30 days after the Closing Date, may be conditioned on the occurrence of any transaction utilizing the applicable Revolving Loans. Each borrowing under the Revolving Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 10,000,000 or a whole multiple of $500,000 1,000,000 in excess thereof and (y) in the case of EurocurrencyTerm Benchmark Loansor, if then aggregate Available Revolving Commitments are less than $1,000,000 or a whole multiple of $500,000 in excess thereof10,000,000, such lesser amount; provided that such lesser amount must be borrowed as a Base Rate Loan); provided, that the Swingline Lender Bank may request, on behalf of the BorrowersBorrower, borrowings under the Revolving Commitments that are ABR Base Rate Loans in other amounts pursuant to Section 2.74.2(b). Upon receipt of any such notice from the Borrower RepresentativeBorrower, the Administrative Agent shall promptly notify each Revolving Lender Bank thereof. Each Revolving Lender Bank will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower designated in at the applicable notice of Borrowing Funding Office prior to 1:00 p.m. (12:00 Noon, New York City time) , on the Borrowing Date requested by the applicable Borrower in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the applicable Borrower by the Administrative Agent crediting such the account or by wire transfer as is designated in writing to the Administrative Agent by of the Borrower Representative (on behalf the books of the applicable Borrower), such office with the aggregate of the amounts made available to the Administrative Agent by the Revolving Lenders Banks and in like funds as received by the Administrative Agent.