Common use of Procedures for Advances Clause in Contracts

Procedures for Advances. In the case of advances of Ratable Loans, Borrower shall submit to the Administrative Agent a request for each advance, stating the amount requested, and certifying the purpose for which such advance is to be used, no later than 10:00 a.m. (New York time) on the date three (3) Banking Days prior to the date the 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 certification of the purpose for which such advance is to be used. The Administrative Agent, upon its receipt and approval of the requisite documents for the advance, will so notify the Banks either by telephone or by facsimile. Not later than 10:00 a.m. (New York time) on the date of each advance, each Bank (in the case of Ratable Loans) or the applicable Bank(s) (in the case of Bid Rate 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 the Administrative Agent, at the Administrative Agent's Office and in immediately available funds for the account of Borrower. The amount so received by the Administrative Agent shall, subject to the conditions of this Agreement, be made available to Borrower, in immediately available funds, by the Administrative Agent's crediting an account of Borrower designated by Borrower and maintained with the Administrative Agent at the Administrative Agent's Office.

Procedures for Advances. In the case of advances of Ratable Loans, Borrower shall submit to the Administrative Agent a request for each advance, stating the amount requested, requested and certifying the expected purpose for which such advance is to be used, no later than 10:00 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 Term Benchmark Loans, which is three (3) Banking Days Days, prior to the date the 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 certification of the purpose for which such advance is to be used. The Administrative Agent, upon its receipt and approval of the requisite documents request for the advance, will so notify the Banks either by telephone or by facsimileBanks. Not later than 10:00 11:30 a.m. (New York time) on the date of each advance, each Bank advance (or 1:00 p.m. (New York time) in the case of Ratable Loans) or a Base Rate Loan for which the applicable Bank(s) (in the case of Bid Rate Loans) 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 the Administrative Agent, at the Administrative Agent's ’s Office and in immediately available funds for the account of Borrower. The amount so received by the Administrative Agent shall, subject to the conditions of this Agreement, be made available to Borrower, in immediately available funds, by the Administrative Agent's crediting ’s to an account of Borrower designated by Borrower and maintained with the Administrative Agent at the Administrative Agent's OfficeBorrower.

Procedures for Advances. In the case of advances of Ratable Loans, Borrower shall submit to the Administrative Agent a request for each advance, stating the amount requested, requested and certifying the expected purpose for which such advance is to be used, no later than 10:00 a.m. (New York time) on the date which is three (3) Banking Days prior to the date the 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 certification statement of the expected purpose for which such advance is to be used. The Administrative Agent, upon its receipt and approval of the requisite documents request for the advance, will so notify the Banks either by telephone or by facsimile. Not later than 10:00 a.m. (New York time) on the date of each advance, each Bank (in the case of Ratable Loans) or the applicable Bank(s) (in the case of Bid Rate 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 the Administrative Agent, at the Administrative Agent's Office and in immediately available funds for the account of Borrower. The amount so received by the Administrative Agent shall, subject to the conditions of this Agreement, be made available to Borrower, Borrower by Administrative Agent by federal funds transfer to such account as Borrower may designate in immediately available funds, by the writing to Administrative Agent's crediting an account of Borrower designated by Borrower and maintained with the Administrative Agent at the Administrative Agent's Office.

Procedures for Advances. In the case of advances of Ratable Loans, Borrower Xxxxxxxx shall submit to the Administrative Agent a request for each advance, stating the amount requested, requested and certifying the expected purpose for which such advance is to be used, no later than 10:00 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 Term Benchmark Loans, which is three (3) Banking Days Days, prior to the date the 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 certification of the purpose for which such advance is to be used. The Administrative Agent, upon its receipt and approval of the requisite documents request for the advance, will so notify the Banks either by telephone or by facsimileBanks. Not later than 10:00 11:30 a.m. (New York time) on the date of each advance, each Bank advance (or 1:00 p.m. (New York time) in the case of Ratable Loans) or a Base Rate Loan for which the applicable Bank(s) (in the case of Bid Rate Loans) 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 the Administrative Agent, at the Administrative Agent's ’s Office and in immediately available funds for the account of Borrower. The amount so received by the Administrative Agent shall, subject to the conditions of this Agreement, be made available to Borrower, in immediately available funds, by the Administrative Agent's crediting ’s to an account of Borrower designated by Borrower and maintained with the Administrative Agent at the Administrative Agent's OfficeXxxxxxxx.

Procedures for Advances. In the case of advances of Ratable Loans, Borrower shall submit to the Administrative Agent a request for each advance, stating the amount requested, requested and certifying the expected purpose for which such advance is to be used, no later than 10:00 11:00 a.m. (New York time) on the date, in the case of advances of Base Rate Loans and RFR Loans, which is the proposed date of such Base Rate Loan or RFR Loan, and, in the case of advances of Term Benchmark Loans, which is three (3) Banking Days Days, prior to the date the 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 certification of the purpose for which such advance is to be used. The Administrative Agent, upon its receipt and approval of the requisite documents request for the advance, will so notify the Banks either by telephone or by facsimileBanks. Not later than 10:00 11:30 a.m. (New York time) on the date of each advance, each Bank advance (or 1:00 p.m. (New York time) in the case of Ratable Loans) a Base Rate Loan or a RFR Loan for which the applicable Bank(s) (in the case of Bid Rate Loans) 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 the Administrative Agent, at the Administrative Agent's ’s Office and in immediately available funds for the account of Borrower. The amount so received by the Administrative Agent shall, subject to the conditions of this Agreement, be made available to Borrower, in immediately available funds, by the Administrative Agent's crediting ’s to an account of Borrower designated by Borrower and maintained with the Administrative Agent at the Administrative Agent's OfficeBorrower.