Procedure for Supplemental Loan Borrowing Sample Clauses

Procedure for Supplemental Loan Borrowing. The Company shall give the Agent irrevocable notice (which notice must be received by the Agent prior to 11:00 A.M., New York City time, on the Supplemental Closing Date) requesting that the Supplemental Lenders make the Supplemental Loans on the Supplemental Closing Date. Upon receipt of any such notice of borrowing from the Company, the Agent shall promptly notify each Supplemental Lender of receipt of such notice of borrowing and of such Supplemental Lender's Facility Percentage of the Secured Supplemental Loans and Unsecured Supplemental Loans to be made pursuant thereto. Each Supplemental Lender will make the amount of its pro rata share of the borrowing of the Secured Supplemental Loans and/or Unsecured Supplemental Loans (as applicable) available to the Agent for the account of the Company at the office of the Agent specified in subsection 18.2 prior to 12:00 Noon, New York City time, on the Supplemental Closing Date in funds immediately available to the Agent. Such borrowing will then be made available to the Company by the Agent crediting the account of the Company on the books of such office with the aggregate of the amounts made available to the Agent by the Supplemental Lenders and in like funds as received by the Agent.