Common use of Procedures for Advances Clause in Contracts

Procedures for Advances. In the case of advances of Loans, Borrower shall submit to Administrative Agent a request for each advance, stating the amount requested and the expected purpose for which such advance is to be used, no later than 11:00 a.m. (New York time) on the date, in the case of advances of Base Rate Loans, which is the proposed date of such Base Rate Loan, and, in the case of advances of LIBOR Loans, which is three (3) Banking Days, prior to the date such advance is to be made. Administrative Agent, upon its receipt and approval of the request for advance, will so notify the Banks by facsimile. Not later than 11:30 a.m. (New York time) on the date of each advance (or 1:00 p.m. (New York time) in the case of a Base Rate Loan for which the Borrower has made a Loan request on such date), each Bank shall, through its Applicable Lending Office and subject to the conditions of this Agreement, make the amount to be advanced by it on such day available to Administrative Agent, at Administrative Agent’s Office and in immediately available funds for the account of Borrower. The amount so received by Administrative Agent shall, subject to the conditions of this Agreement, be made available to Borrower, in immediately available funds, by Administrative Agent’s to an account designated by Borrower.

Procedures for Advances. In the case of advances of Ratable Loans, Borrower shall submit to Administrative Agent a request for each advance, stating the amount requested and the expected purpose for which such advance is to be used, no later than 11:00 a.m. (New York time) on the date, in the case of advances of Base Rate Loans, which is the proposed date of such Base Rate Loanone (1) Banking Day, and, in the case of advances of LIBOR Loans, which is three (3) Banking Days, prior to the date such advance is to be made. In the case of advances of Bid Rate Loans, Borrower shall submit a Bid Rate Quote Request at the time specified in Section 2.02, accompanied by a statement of the expected purpose for which such advance is to be used. In the case of advances of Swingline Loans, Borrower shall submit a notice of borrowing at the time specified in Section 2.03, accompanied by a statement of the expected purpose for which such advance is to be used. Administrative Agent, upon its receipt and approval of the request for advance, will so notify the Banks by facsimile. Not later than 11:30 a.m. (New York time) on the date of each advance advance, each Bank (or 1:00 p.m. (New York time) in the case of a Base Ratable Loans) or the applicable Banks (in the case of Bid Rate Loan for which the Borrower has made a Loan request on such date), each Bank Loans) shall, through its Applicable Lending Office and subject to the conditions of this Agreement, make the amount to be advanced by it on such day available to Administrative Agent, at Administrative Agent’s Office and in immediately available funds for the account of Borrower. The amount so received by Administrative Agent shall, subject to the conditions of this Agreement, be made available to Borrower, in immediately available funds, by Administrative Agent’s to an account designated by Borrower.

Procedures for Advances. In the case of advances of Ratable Loans, Borrower shall submit to Administrative Agent a request for each advance, stating the amount requested and the expected purpose for which such advance is to be used, no later than 11:00 a.m. (New York time) on the date, in the case of advances of Base Rate Loans, which is the proposed date of such Base Rate Loanone (1) Banking Day, and, in the case of advances of LIBOR Loans, which is three (3) Banking Days, prior to the date such advance is to be made. In the case of advances of Bid Rate Loans, Borrower shall submit a Bid Rate Quote Request at the time specified in Section 2.02, accompanied by a statement of the expected purpose for which such advance is to be used. In the case of advances of Swingline Loans, Borrower shall submit a notice of borrowing at the time specified in Section 2.03, accompanied by a statement of the expected purpose for which such advance is to be used. Administrative Agent, upon its receipt and approval of the request for advance, will so notify the Banks by facsimile. Not later than 11:30 a.m. (New York time) on the date of each advance advance, each Bank (or 1:00 p.m. (New York time) in the case of a Base Ratable Loans) or the applicable Banks (in the case of Bid Rate Loan for which the Borrower has made a Loan request on such date), each Bank Loans) shall, through its Applicable Lending Office and subject to the conditions of this Agreement, make the amount to be advanced by it on such day available to Administrative Agent, at Administrative Agent’s 's Office and in immediately available funds for the account of Borrower. The amount so received by Administrative Agent shall, subject to the conditions of this Agreement, be made available to Borrower, in immediately available funds, by Administrative Agent’s 's to an account designated by Borrower.

Procedures for Advances. In the case of advances of Loans, Each Borrower requesting an advance shall submit to Administrative Agent a request for each advanceadvance hereunder, in the form of EXHIBIT G-1 for Dolphin LP, EXHIBIT G-2 for Fairlane LLC and EXHIBIT G-3 for TOLLC, stating the amount requested by such Borrower and certifying the expected purpose for which such advance is to be used, no later than 11:00 a.m. 12:00 Noon (New York time) on the date, date (x) in the case of advances of Base Rate Loans, which is the proposed date of such Base Rate Loan, and, in the case of advances of LIBOR Loans, which is three (3) Banking Days, and (y) in the case of Base Rate Loans, one (1) Banking Day prior to the date such the advance is to be made. Administrative Agent, upon its receipt and approval of the request requisite documents for the advance, will so notify the Banks either by telephone or by facsimile. Not later than 11:30 11:00 a.m. (New York time) on the date of each advance (or 1:00 p.m. (New York time) in the case of a Base Rate Loan for which the Borrower has made a Loan request on such date)advance, each Bank shall, through its Applicable Lending Office and subject to the conditions of this Agreement, make the amount to be advanced by it on such day available to Administrative Agent, at Administrative Agent’s Office and in immediately available funds for the account of the applicable Borrower. The amount so received by Administrative Agent shall, subject to the conditions of this Agreement, be made available to the applicable Borrower, in immediately available funds, by Administrative Agent’s to either, at the applicable Borrower’s option, crediting an account of the applicable Borrower designated by Borrowersuch Borrower and maintained with Administrative Agent at Administrative Agent’s Office or wiring said amount to another account of Borrower designated by it in its request for advance.

Procedures for Advances. In the case of advances of Loans, Each Borrower requesting an advance shall submit to Administrative Agent a request for each advanceadvance hereunder, in the form of EXHIBIT G-1 for Dolphin LLC, EXHIBIT G-2 for Fairlane LLC and EXHIBIT G-3 for TOLLC, stating the amount requested by such Borrower and certifying the expected purpose for which such advance is to be used, no later than 11:00 a.m. 12:00 Noon (New York time) on the date, date (x) in the case of advances of Base Rate Loans, which is the proposed date of such Base Rate Loan, and, in the case of advances of LIBOR Loans, which is three (3) Banking Days, and (y) in the case of Base Rate Loans, one (1) Banking Day prior to the date such the advance is to be made. Administrative Agent, upon its receipt and approval of the request requisite documents for the advance, will so notify the Banks either by telephone or by facsimile. Not later than 11:30 11:00 a.m. (New York time) on the date of each advance (or 1:00 p.m. (New York time) in the case of a Base Rate Loan for which the Borrower has made a Loan request on such date)advance, each Bank shall, through its Applicable Lending Office and subject to the conditions of this Agreement, make the amount to be advanced by it on such day available to Administrative Agent, at Administrative Agent’s Office and in immediately available funds for the account of the applicable Borrower. The amount so received by Administrative Agent shall, subject to the conditions of this Agreement, be made available to the applicable Borrower, in immediately available funds, by Administrative Agent’s to either, at the applicable Borrower’s option, crediting an account of the applicable Borrower designated by Borrowersuch Borrower and maintained with Administrative Agent at Administrative Agent’s Office or wiring said amount to another account of Borrower designated by it in its request for advance.