Common use of Revolving Credit Loan Borrowing Procedure Clause in Contracts

Revolving Credit Loan Borrowing Procedure. The Borrower shall give the Agent notice by means of an Advance Request Form of each requested Revolving Credit Loan Advance at least one Business Day before the requested date of each Base Rate Advance, and at least three Business Days before the requested date of each Eurodollar Advance, specifying: (a) the requested date of such Revolving Credit Loan Advance (which shall be a Business Day), (b) the amount of such Revolving Credit Loan Advance, (c) the Type of Revolving Credit Loan Advance, and (d) in the case of a Eurodollar Advance, the duration of the Interest Period for such Revolving Credit Loan Advance. Each Eurodollar Advance under the Revolving Credit Loan shall be in a minimum principal amount of $1,000,000 or an integral multiple of $500,000. Each Base Rate Advance under the Revolving Credit Loan shall be in a minimum principal amount of $500,000 or in greater increments of $100,000. The Agent shall notify each Lender of the contents of each such notice promptly. Not later than 1:00 p.m. (Austin, Texas time) on the date specified for each Revolving Credit Loan Advance hereunder, each Lender will make available to the Agent at the Principal Office in immediately available funds, for the account of the Borrower, its pro rata share of each Revolving Credit Loan Advance. After the Agent's receipt of such funds and subject to the other terms and conditions of this Agreement, the Agent will make each Revolving Credit Loan Advance available to the Borrower by depositing the same, in immediately available funds, in an account of the Borrower (designated by the Borrower) maintained with the Agent at the Principal Office. All notices by the Borrower under this Section shall be irrevocable and shall be given not later than 11:00 a.m. (Austin, Texas time) on the day which is not less than the number of Business Days specified above for such notice.

Revolving Credit Loan Borrowing Procedure. The Borrower shall give the Agent notice by means of an Advance Request Form of each requested Revolving Credit Loan Advance at least one Business Day before the requested date of each Base Rate Advance, and at least three Business Days before the requested date of each Eurodollar Advance, specifying: (a) the requested date of such Revolving Credit Loan Advance (which shall be a Business Day), (b) the amount of such Revolving Credit Loan Advance, (c) the Type of Revolving Credit Loan Advance, and (d) in the case of a Eurodollar Advance, the duration of the Interest Period for such Revolving Credit Loan Advance. Each Eurodollar Advance under the Revolving Credit Loan shall be in a minimum principal amount of $1,000,000 or an integral a whole multiple of $500,000500,000 in excess thereof. Each Base Rate Advance under the Revolving Credit Loan shall be in a minimum principal amount of $500,000 or in greater increments a whole multiple of $100,000100,000 in excess thereof. The Agent shall notify each Lender of the contents of each such notice promptly. Not later than 1:00 p.m. (Austin, Texas time) on the date specified for each Revolving Credit Loan Advance hereunder, each Lender will make available to the Agent at the Principal Office in immediately available funds, for the account of the Borrower, its pro rata share of each Revolving Credit Loan Advance. After the Agent's ’s receipt of such funds and subject to the other terms and conditions of this Agreement, the Agent will make each Revolving Credit Loan Advance available to the Borrower by depositing the same, in immediately available funds, in an account of the Borrower (designated by the Borrower) maintained with the Agent at the Principal Office. All notices by the Borrower under this Section shall be irrevocable and shall be given not later than 11:00 a.m. (Austin, Texas time) on the day which is not less than the number of Business Days specified above for such notice.

Revolving Credit Loan Borrowing Procedure. The Borrower shall give provide to the Agent notice by means of an Advance Request Form a telephone request of each requested Revolving Credit Loan Advance not later than 11:00 A.M. San Francisco, California time on the Business Day that is at least one (1) Business Day before the requested date of each Base Rate Revolving Credit Loan Advance, and at least three Business Days before which telephone request shall be promptly confirmed by delivery of a written Advance Request Form via facsimile to the requested Agent not later than 1:00 P.M. on the same date of each Eurodollar Advancesuch telephone request, specifyingwhich Advance Request Form shall specify: (a) the requested date of such Revolving Credit Loan Advance (which shall be a Business Day), ) and (b) the amount of such Revolving Credit Loan Advance; provided, (c) however, with respect to the Type of initial requested Revolving Credit Loan AdvanceAdvance which will be the date of this Agreement, and (d) in Borrower shall give the case Agent such Advance Request Form on the requested date of a Eurodollar Advance, the duration of the Interest Period for such initial Revolving Credit Loan Advance. Each Eurodollar Advance under the Revolving Credit Loan Advance shall be in a minimum principal amount of $1,000,000 or an integral multiple of Five Hundred Thousand Dollars ($500,000. Each Base Rate Advance under the Revolving Credit Loan shall be in a minimum principal amount of $500,000 ) or in greater increments of One Hundred Thousand Dollars ($100,000). The Borrower shall not request, and the Lenders shall not be obligated to make, more than four (4) Revolving Credit Loan Advances each calendar month. The Agent shall notify each Lender of the contents of each such notice promptly. Not later than 1:00 p.m. (Austin11:00 A.M. San Francisco, Texas time) California time on the date specified for each Revolving Credit Loan Advance hereunder, each Lender will make available to the Agent at the Principal Office in immediately available funds, for the account of the Borrower, its pro rata share of each Revolving Credit Loan Advance. After the Agent's receipt of such funds and subject to the other terms and conditions of this Agreement, the Agent will make each Revolving Credit Loan Advance available to the Borrower by depositing the same, in immediately available funds, in an account of the Borrower (designated by the Borrower) maintained with the Agent at the Principal Office. All notices by the Borrower under this Section shall be irrevocable and shall be given not later than 11:00 a.m. (Austin9:00 A.M. San Francisco, Texas time) California time on the day which is not less than the number of Business Days specified above for such notice.