Common use of Requests and Confirmations Clause in Contracts

Requests and Confirmations. In order to request a Borrowing of Bid Loans (a "Bid Loan Request") Chemical shall give telephonic, telex or telecopy notice to the Administrative Agent by no later than 1:00 p.m. (Chicago time) on the date at least one Business Day in the case of Stated Rate Bid Loans, and three Business Days in the case of Eurodollar Bid Loans, before the date of the requested Bid Borrowing (the "Borrowing Date"). Each such request shall be followed on the same day by a duly completed Bid Loan Request Confirmation, delivered by telecopier or other means of facsimile communication, substantially in the form of Exhibit C hereto or otherwise containing the information required by this Section, to be received by the Administrative Agent no later than 1:30 p.m. (Chicago time). Bid Loan Request Confirmations that do not conform substantially to the format of Exhibit C may be rejected by the Administrative Agent, and the Administrative Agent shall give telephonic notice to Chemical of such rejection promptly after it determines that the Bid Loan Request Confirmation does not substantially conform to the format of Exhibit C. Bid Loan Requests shall in each case refer to this Agreement and specify (i) the proposed Borrowing Date (which must be a Business Day), (ii) the aggregate principal amount thereof (which shall not be less than $5,000,000 and thereafter in integral multiples of $1,000,000) and (iii) the proposed Interest Period thereof.

Requests and Confirmations. In order to request a Borrowing of Bid Loans (a "Bid Loan RequestBID LOAN REQUEST") Chemical ), the Borrower shall give telephonic, telex or telecopy telephonic notice to the Administrative Agent by no later than 1:00 p.m. (i) in the case of a request for one or more Eurodollar Bid Loans, 11:00 a.m. (Chicago time) on the date at least five (5) Business Days before the proposed date of such borrowing, which must be a Business Day (the "BORROWING DATE"), and (ii) in the case of a request for one or more Stated Rate Bid Loans, 11:00 a.m. (Chicago time) on the date at least one (1) Business Day in the case of Stated Rate Bid Loans, and three Business Days in the case of Eurodollar Bid Loans, before the date of the requested Bid Borrowing (the "proposed Borrowing Date"). Each such request shall be , in each case followed on the same day by a duly completed Bid Loan Request Confirmation, delivered by telecopier or other means of facsimile communication, substantially in the form of Exhibit C hereto or otherwise containing the information required by this SectionSection (a "BID LOAN REQUEST CONFIRMATION"), to be received by the Administrative Agent no later than 1:30 p.m. 11:30 a.m. (Chicago time)) on such day. Bid Loan Request Confirmations that do not conform substantially to the format of Exhibit C or otherwise contain the information required by this Section 2.2 may be rejected by the Administrative Agent, and the Administrative Agent shall give telephonic notice to Chemical the Borrower of such rejection promptly after it determines (which determination shall be conclusive) that the Bid Loan Request Confirmation does not substantially conform to the format of Exhibit C. Bid Loan Requests shall in each case refer to C or otherwise contain the information required by this Agreement and specify (i) the proposed Borrowing Date (which must be a Business Day), (ii) the aggregate principal amount thereof (which shall not be less than $5,000,000 and thereafter in integral multiples of $1,000,000) and (iii) the proposed Interest Period thereofSection 2.

Requests and Confirmations. In order to request a Borrowing of Bid Loans (a "Bid Loan Request") Chemical the Company shall give telephonic, telex or telecopy notice to the Administrative Agent by no later than 1:00 p.m. (Chicago time) on the date at least one Business Day in the case of Stated Rate Bid Loans, and three Business Days in the case of Eurodollar Bid Loans, before the date of the requested Bid Borrowing (the "Borrowing Date"). Each such request shall be followed on the same day by a duly completed Bid Loan Request Confirmation, delivered by telecopier or other means of facsimile communication, substantially in the form of Exhibit C B hereto or otherwise containing the information required by this Section, to be received by the Administrative Agent no later than 1:30 p.m. (Chicago time). Bid Loan Request Confirmations that do not conform substantially to the format of Exhibit C B may be rejected by the Administrative Agent, and the Administrative Agent shall give telephonic notice to Chemical the Company of such rejection promptly after it determines that the Bid Loan Request Confirmation does not substantially conform to the format of Exhibit C. B. Bid Loan Requests shall in each case refer to this Agreement and specify (i) the proposed Borrowing Date (which must be a Business Day), (ii) the aggregate principal amount thereof (which shall not be less than $5,000,000 and thereafter in integral multiples of $1,000,000) and (iii) the proposed Interest Period thereof.

Requests and Confirmations. In order to request a Borrowing of Bid Loans (a "Bid Loan Request") Chemical the Borrower shall give telephonic, telex or telecopy notice to the Administrative Agent by no later than 1:00 p.m. (Chicago time) on the date at least one Business Day in the case of Stated Rate Bid Loans, and three Business Days in the case of Eurodollar Bid Loans, before the date of the requested Bid Borrowing (the "Borrowing Date"). Each such request shall be followed on the same day by a duly completed Bid Loan Request Confirmation, delivered by telecopier or other means of facsimile communication, substantially in the form of Exhibit C hereto or otherwise containing the information required by this Section, to be received by the Administrative Agent no later than 1:30 p.m. (Chicago time). Bid Loan Request Confirmations that do not conform substantially to the format of Exhibit C may be rejected by the Administrative Agent, and the Administrative Agent shall give telephonic notice to Chemical the Borrower of such rejection promptly after it determines that the Bid Loan Request Confirmation does not substantially conform to the format of Exhibit C. Bid Loan Requests shall in each case refer to this Agreement and specify (i) the proposed Borrowing Date (which must be a Business Day), (ii) the aggregate principal amount thereof (which shall not be less than $5,000,000 and thereafter in integral multiples of $1,000,000) and (iii) the proposed Interest Period thereof.