Requests for Revolving Credit Borrowings. The Borrower may request a Revolving Credit Borrowing, a refund of any Revolving Credit Borrowing in the same Type of Borrowing or to convert any Revolving Credit Borrowing to any other Type of Revolving Credit Borrowing only by delivery to the Administrative Agent of a Revolving Credit Borrowing Request executed by a Responsible Officer of the Borrower, subject to the following:
Requests for Revolving Credit Borrowings. The Borrower may request a Revolving Credit Borrowing, a continuation of any Revolving Credit Borrowing in the same Type of Borrowing or to convert any Revolving Credit Borrowing to any other Type of Revolving Credit Borrowing only by delivery to the Administrative Agent of a Revolving Credit Borrowing Request executed by a Responsible Officer of the Borrower, subject to the following: (a) each such Revolving Credit Borrowing Request shall set forth the information required on the Revolving Credit Borrowing Request, including without limitation: (i) the proposed date of such Revolving Credit Borrowing (or the continuation or conversion of an outstanding Revolving Credit Borrowing), which must be a Business Day; (ii) whether such Borrowing is a new Revolving Credit Borrowing or a continuation or conversion of an outstanding Revolving Credit Borrowing; and (iii) whether such Revolving Credit Borrowing is to be an ABR Borrowing, a Term Benchmark Borrowing and the first Interest Period applicable thereto, or, if applicable, an RFR Borrowing. (b) each (i) Term Benchmark Revolving Credit Borrowing Request shall be delivered to the Administrative Agent by 12:00 p.m. (New York time) three (3) Business Days prior to the proposed date of the Term Benchmark Revolving Credit Borrowing, (ii) ABR Revolving Credit Borrowing Request shall be delivered to the Administrative Agent by 12:00 p.m. (New York time) on the proposed date for such ABR Revolving Credit Borrowing; provided that any such notice of an ABR Borrowing to finance the reimbursement of a Letter of Credit Payment as contemplated by Section 2.07(f) may be given not later than 11:00 a.m. (New York time) on the date of the proposed Borrowing and (iii) request for an RFR Borrowing shall be delivered to the Administrative Agent by 11:00 a.m. (New York time) five (5) Business Days prior to the proposed date of the RFR Borrowing; (c) on the proposed date of such Revolving Credit Borrowing, the sum of (x) the aggregate principal amount of all Revolving Credit Exposures outstanding on such date (including, without duplication, the Loans that are deemed to be disbursed by Administrative Agent under Section 2.07(f)(iii) hereof in respect of Xxxxxxxx’s Reimbursement Obligations hereunder), after giving effect to all outstanding requests for Revolving Credit Borrowings and for the issuance of any Letters of Credit, shall not exceed the least of (i) the Aggregate Maximum Credit Amount, (ii) the then applicable Available Bo...
Requests for Revolving Credit Borrowings. Revolving Credit Loans comprising a Revolving Credit Borrowing shall be made upon request of a Borrower in accordance with clause (a) below or upon a request deemed to be made by a Borrower pursuant to clause (b) below.
Requests for Revolving Credit Borrowings
