Common use of Requests for Revolving Credit Loans Clause in Contracts

Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C hereto of each Revolving Credit Loan requested hereunder (a “Loan Request”) no less than (a) two (2) Business Days prior to the proposed Drawdown Date of any Base Rate Loan and (b) four (4) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Any Loan Request received by the Administrative Agent after 10:00 a.m., Pacific time, on any day shall be deemed to have been delivered on the next succeeding Business Day. Each such notice shall specify (i) the principal amount of the Revolving Credit Loan requested, (ii) the proposed Drawdown Date of such Revolving Credit Loan, (iii) the Interest Period for such Revolving Credit Loan and (iv) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate Borrower to accept the Revolving Credit Loan requested from the Lenders on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of Five Hundred Thousand Dollars ($500,000) and each Loan Request relating to a Eurodollar Rate Loan shall be in a minimum aggregate amount of One Million Dollars ($1,000,000).

Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C B hereto (or telephonic notice confirmed in a writing in the form of Exhibit B hereto) of each Revolving Credit Loan requested hereunder (a “"Loan Request”") no less than (ai) two (2) 10:00 a.m. one Business Days Day prior to the proposed Drawdown Date of any Base Rate Loan (which must be a Business Day) and (bii) four three (43) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Any Loan Request received by the Administrative Agent after 10:00 a.m., Pacific time, on any day shall (which must be deemed to have been delivered on the next succeeding a Business Day). Each such notice shall specify (iA) the principal amount of the Revolving Credit Loan requested, (iiB) the proposed Drawdown Date of such Revolving Credit Loan, (iiiC) the Interest Period for such Revolving Credit Loan and (ivD) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of Five Hundred Thousand Dollars ($500,000) and each Loan Request relating to a Eurodollar Rate Loan shall be 5,000,000 or an integral multiple of $1,000,000 in a minimum aggregate amount of One Million Dollars ($1,000,000)excess thereof.

Requests for Revolving Credit Loans. The Borrower shall give to the Administrative Agent written notice in the form of Exhibit C EXHIBIT B hereto (or telephonic notice confirmed in a writing in the form of EXHIBIT B hereto) of each Revolving Credit Loan requested hereunder (a “"Revolving Credit Loan Request”") no less later than (a) two 12:00 noon (2Boston time) on the Business Days prior to Day of the proposed Drawdown Date of any Base Prime Rate Loan and (b) four 10:00 a.m. (4Boston time) on the date two (2) Eurodollar Business Days prior to the proposed Drawdown Date of any Eurodollar Rate Loan. Any Loan Request received by the Administrative Agent after 10:00 a.m., Pacific time, on any day shall be deemed to have been delivered on the next succeeding Business Day. Each such notice shall specify (iw) the principal amount of the Revolving Credit Loan requested, (iix) the proposed Drawdown Date of such Revolving Credit Loan, (iiiy) the Interest Period for such Revolving Credit Loan and (ivz) the Type of such Revolving Credit Loan. Promptly upon receipt of any such notice, the Administrative Agent shall notify each of the Lenders Banks thereof. Each Revolving Credit Loan Request shall be irrevocable and binding on the Borrower and shall obligate the Borrower to accept the Revolving Credit Loan requested from the Lenders Banks on the proposed Drawdown Date. Each Revolving Credit Loan Request relating to a Base Rate Loan shall be in a minimum aggregate amount of Five Hundred Thousand Dollars ($500,000) and each Loan Request relating to 200,000 or a Eurodollar Rate Loan shall be in a minimum aggregate amount larger integral multiple of One Million Dollars ($1,000,000)50,000.