Common use of Procedure for Borrowings Clause in Contracts

Procedure for Borrowings. (a) The Loans shall be deemed to have been made to each Borrower upon irrevocable written notice (or by telephone promptly confirmed in writing) of Conseco (on behalf of the Borrowers) delivered to the Administrative Agent in the form of a Notice of Borrowing (which notice must be received by the Administrative Agent prior to 11:00 A.M. (Chicago time) (i) three Business Days prior to the Closing Date, in the case of Offshore Rate Loans and (ii) on the Closing Date, in the case of Base Rate Loans, specifying:

Procedure for Borrowings. (a) The Loans Each Borrowing shall be deemed to have been made to each Borrower upon irrevocable written notice (or by telephone promptly confirmed in writing) of Conseco Guarantor (on behalf of the Borrowerssuch Borrower) delivered to the Administrative Agent in the form of a Notice of Borrowing (which notice must be received by the Administrative Agent prior to 11:00 A.M. (Chicago time) (i) three Business Days prior to the Closing requested Borrowing Date, in the case of Offshore Rate Loans and (ii) on the Closing requested Borrowing Date, in the case of Base Rate Loans, specifying:

Procedure for Borrowings. (a) The Loans shall be deemed to have been made to each Borrower upon irrevocable written notice (or by telephone promptly confirmed in writing) of Conseco (on behalf of the Borrowers) delivered to the Administrative Agent in the form of a Notice of Borrowing (which notice must be received by the Administrative Agent prior to 11:00 A.M. 12:00 Noon (Chicago New York City time) (i) three Business Days prior to the Closing Date, in the case of Offshore Rate Loans and (ii) on the Closing Date, in the case of Base Rate Loans, specifying: