Common use of Requests for Revolving Credit Loans Clause in Contracts

Requests for Revolving Credit Loans. The Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached hereto as EXHIBIT B-1 (a "NOTICE OF REVOLVING CREDIT BORROWING") not later than 11:00 a.m. (Charlotte time) (i) on the same Business Day as each Base Rate Loan and (ii) at least three (3) Business Days before each Offshore Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) whether such Revolving Credit Loan is to be made under the 364 Day Facility or the Five Year Facility, (C) the amount of such borrowing, which shall be in an amount equal to the unused amount of the 364 Day Facility Commitment or the Five Year Facility Commitment, as applicable, or if less, (x) with respect to Base Rate Loans, in an aggregate principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof, and (y) with respect to Offshore Rate Loans, in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (D) whether such Revolving Credit Loan is to be an Offshore Rate Loan or Base Rate Loan and (E) in the case of an Offshore Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 11:00 a.m. (Charlotte time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Revolving Credit Borrowing.

Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent irrevocable prior written notice in the form attached of Exhibit B hereto as EXHIBIT B-1 (or telephonic notice confirmed in a writing in the form of Exhibit B hereto) of its intention to borrow each Revolving Credit Loan requested hereunder (a "NOTICE OF REVOLVING CREDIT BORROWINGLoan Request") not ), no later than 11:00 a.m. (Charlotte Cleveland time) (i) on the same Business Day as date of each Base Rate Loan and (ii) at least three (3) Business Days before each Offshore LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) whether such Revolving Credit Loan is to be made under the 364 Day Facility or the Five Year Facility, (C) the amount of such borrowing, which shall be in an amount equal to the unused amount of the 364 Day Facility Aggregate Commitment or then available to the Five Year Facility Commitment, as applicableBorrower, or if less, (x) with respect to Base Rate Loans, in an aggregate principal amount of $1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof, and (y) with respect to Offshore LIBOR Rate Loans, in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof, (DC) whether such the Revolving Credit Loan is Loans are to be an Offshore LIBOR Rate Loan or Loans, Base Rate Loan Loans, or, if a combination thereof, the amount allocated to each and (ED) in the case of an Offshore a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 11:00 a.m. (Charlotte Cleveland time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Revolving Credit BorrowingLoan Request.

Requests for Revolving Credit Loans. The Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached hereto as EXHIBIT B-1 Exhibit A (a "NOTICE OF REVOLVING CREDIT BORROWINGNotice of Borrowing") not later than (i) 11:00 a.m. (Charlotte New York City time) (i) on the same Business Day as each Alternate Base Rate Loan and (ii) 12:00 noon (New York City time) at least three (3) Business Days before each Offshore Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) whether such Revolving Credit Loan is to be made under the 364 Day Facility or the Five Year Facility, (C) the amount of such borrowing, which shall be in an amount equal to the unused amount of the 364 Day Facility Commitment or the Five Year Facility Aggregate Commitment, as applicable, or if less, (x) with respect to Alternate Base Rate Loans, in an aggregate principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof, and (y) with respect to Offshore Rate Loans, in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (DC) whether such Revolving Credit Loan is to be an Offshore Rate Loan or Alternate Base Rate Loan and Loan, (ED) in the case of an Offshore Rate Loan, the duration of the Interest Period applicable thereto, and (E) the aggregate principal amount of all Competitive Bid Loans to the Borrower outstanding. Any Revolving Credit Loan borrowed pursuant to any Notice of Borrowing shall be applied between the Revolving A Commitment and the Revolving B Commitment in accordance with Section 4.4. Notices received after 11:00 a.m. (Charlotte New York City time) or 12:00 noon (New York City time), as applicable, shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Revolving Credit Borrowing.

Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent irrevocable prior written notice in the form attached of Exhibit B hereto as EXHIBIT B-1 (or telephonic notice promptly confirmed in a writing in the form of Exhibit B hereto) of its intention to borrow each Revolving Credit Loan requested hereunder (a "NOTICE OF REVOLVING CREDIT BORROWING") not “Loan Request”), no later than 11:00 a.m. (Charlotte New York time) (i) on the same Business Day as date of each Base Rate Loan request and (ii) at least three (3) Business Days before each Offshore LIBOR Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) whether such Revolving Credit Loan is to be made under the 364 Day Facility or the Five Year Facility, (C) the amount of such borrowing, which shall be in an amount equal to the unused amount of the 364 Day Facility Aggregate Commitment or then available to the Five Year Facility Commitment, as applicableBorrower, or if less, (x) with respect to Base Rate Loans, in an aggregate principal amount of $1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof, and (y) with respect to Offshore LIBOR Rate Loans, in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof, (DC) whether such the Revolving Credit Loan is Loans are to be an Offshore LIBOR Rate Loan or Loans, Base Rate Loan Loans, or, if a combination thereof, the amount allocated to each and (ED) in the case of an Offshore a LIBOR Rate Loan, the duration of the Interest Period applicable thereto. Notices received after 11:00 a.m. (Charlotte New York time) shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Revolving Credit BorrowingLoan Request.

Requests for Revolving Credit Loans. The Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached hereto as EXHIBIT B-1 Exhibit B (a "NOTICE OF REVOLVING CREDIT BORROWINGNotice of Revolving Credit Borrowing") not later than (i) 11:00 a.m. (Charlotte time) (i) on the same Business Day as each Base Rate Loan and (ii) 12:00 noon (Charlotte time) at least three (3) Business Days before each Offshore Rate Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) whether such Revolving Credit Loan is to be made under the 364 Day Facility or the Five Three Year Facility, (C) the amount of such borrowing, which shall be in an amount equal to the unused amount of the 364 Day Facility Commitment or the Five Three Year Facility Commitment, as applicable, or if less, (x) with respect to Base Rate Loans, in an aggregate principal amount of $1,000,000 or a whole multiple of $1,000,000 in excess thereof, and (y) with respect to Offshore Rate Loans, in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (D) whether such Revolving Credit Loan is to be an Offshore Rate Loan or Base Rate Loan and Loan, (E) in the case of an Offshore Rate Loan, the duration of the Interest Period applicable theretothereto and (F) the aggregate principal amount of all Competitive Bid Loans to the Borrower outstanding under the 364 Day Facility and the Three Year Facility. Notices received after 11:00 a.m. (Charlotte time) or 12:00 noon (Charlotte time), as applicable, shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the Lenders of each Notice of Revolving Credit Borrowing.