Common use of The Revolving Credit Facility Clause in Contracts

The Revolving Credit Facility. 27 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 2.2. Commitment Fee....................................................29 2.3. Reduction of Total Commitment.....................................29 2.4. The Revolving Credit Notes........................................30 2.5. Interest on Revolving Credit Loans................................30 2.6. Requests for Revolving Credit Loans...............................30 2.7. Conversion Options................................................31 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 2.7.2. Continuation of Type of Revolving Credit Loan.............32 2.7.3. Eurodollar Rate Loans.....................................32 2.8. Funds for Revolving Credit Loan...................................32 2.8.1. Funding Procedures........................................32 2.8.2. Advances by Agent.........................................33 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 3.1. Maturity..........................................................33 3.2. Mandatory Repayments of Revolving Credit Loans....................33 3.3. Optional Repayments of Revolving Credit Loans.....................34 4.

The Revolving Credit Facility. 27 21 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ..........................................21 2.2. Commitment Fee....................................................29 . ..............................................21 2.3. Reduction of Total Commitment.....................................29 . ...............................21 2.4. The Revolving Credit Notes........................................30 . ..................................22 2.5. Interest on Revolving Credit Loans................................30 . ..........................22 2.6. Requests for Revolving Credit Loans...............................30 . .........................22 2.7. Conversion Options................................................31 . ..........................................23 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 . .................................................23 2.7.2. Continuation of Type of Revolving Credit Loan.............32 . ........23 2.7.3. Eurodollar Eurocurrency Rate Loans.....................................32 . ..............................24 2.8. Funds for Revolving Credit Loan...................................32 . .............................24 2.8.1. Funding Procedures........................................32 . ...................................24 2.8.2. Advances by Agent.........................................33 . ....................................25 2.9. Optional Currency. ...........................................25 2.9.1. Request for Optional Currency. ........................25 2.9.2. Exchange Rate. ........................................26 2.9.3. Denominations. ........................................26 2.9.4. Repayment. ............................................26 2.9.5. Funding. ..............................................27 2.10. Settlements. .................................................27 2.10.1. General. .............................................27 2.10.2. Failure to Make Funds Available. .....................28 2.10.3. No Effect on Other Banks. ............................28 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 . .................................28 3.1. Maturity..........................................................33 . ....................................................28 3.2. Mandatory Repayments of Revolving Credit Loans....................33 . ..............29 3.3. Optional Repayments of Revolving Credit Loans.....................34 . ...............29 4.

The Revolving Credit Facility. 27 16 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2.................................................................16 2.2. Increase The Swing Line........................................................................16 2.2.1. The Swing Line Loans. ....................................................16 2.2.2. Notice. ..................................................................17 2.2.3. Irrevocable Notice. ......................................................18 2.2.4. Purchase of the Commitments...............................28 2.2Swing Line Loan. .............................................18 2.3. Commitment Fee....................................................29 2.3. .....................................................................18 2.4. Reduction of Total Commitment.....................................29 2.4. ......................................................18 2.5. The Revolving Credit Notes........................................30 2.5. .........................................................19 2.6. Interest on Revolving Credit Loans................................30 2.6. .................................................19 2.7. Requests for Revolving Credit Loans...............................30 2.7. ................................................19 2.8. Conversion Options................................................31 2.7.1. .................................................................20 2.8.1. Conversion to Different Type of Revolving Credit Loan.....31 2.7.2. ...................20 2.8.2. Continuation of Type of Revolving Credit Loan.............32 2.7.3. ...........................20 2.8.3. Eurodollar Rate Loans.....................................32 2.8. ...................................................21 2.9. Funds for Revolving Credit Loan...................................32 2.8.1. ....................................................21 2.9.1. Funding Procedures........................................32 2.8.2. ......................................................21 2.9.2. Advances by Agent.........................................33 . .......................................................21 2.10. Pro Rata Treatment. ................................................................22 3. REPAYMENT OF THE REVOLVING CREDIT LOANS AND SWING LINE LOANS. ..................................33 22 3.1. Maturity..........................................................33 . ...........................................................................22 3.1.1. Revolving Credit Loans. ..................................................22 3.1.2. Swing Line Loans. ........................................................22 3.2. Mandatory Repayments of Revolving Credit Loans....................33 . .....................................22 3.3. Optional Repayments of Revolving Credit Loans and Swing Line Loans.....................34 . .................23 4.

The Revolving Credit Facility. 27 24 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ...................................................................24 2.2. Commitment Fee....................................................29 .......................................................................24 2.3. Reduction of Total Commitment.....................................29 ........................................................25 2.4. The Revolving Credit Notes........................................30 ...........................................................25 2.5. Interest on Revolving Credit Loans................................30 ...................................................25 2.6. Requests for Revolving Credit Loans...............................30 ..................................................26 2.7. Conversion Options................................................31 ...................................................................26 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 .....................26 2.7.2. Continuation of Type of Revolving Credit Loan.............32 .............................27 2.7.3. Eurodollar Rate Loans.....................................32 .....................................................27 2.8. Funds for Revolving Credit Loan...................................32 Loans.....................................................27 2.8.1. Funding Procedures........................................32 ........................................................27 2.8.2. Advances by Agent.........................................33 .........................................................28 2.9. Change in Borrowing Base.............................................................28 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 .........................................................29 3.1. Maturity..........................................................33 .............................................................................29 3.2. Mandatory Repayments of Revolving Credit Loans....................33 .......................................29 3.3. Optional Repayments Prepayments of Revolving Credit Loans.....................34 .......................................29 4.

The Revolving Credit Facility. 27 21 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ...................................................................21 2.2. Commitment Fee....................................................29 .......................................................................21 2.3. Reduction of Total Revolving Credit Commitment.....................................29 .......................................21 2.4. The Revolving Credit Notes........................................30 ...........................................................22 2.5. Interest on Revolving Credit Loans................................30 ...................................................22 2.6. Requests for Revolving Credit Loans...............................30 ..................................................23 2.7. Conversion Options................................................31 ...................................................................23 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 .....................23 2.7.2. Continuation of Type of Revolving Credit Loan.............32 .............................23 2.7.3. Eurodollar Rate Loans.....................................32 .....................................................24 2.8. Funds for Revolving Credit Loan...................................32 Loans.....................................................24 2.8.1. Funding Procedures........................................32 ........................................................24 2.8.2. Advances by Agent.........................................33 .........................................................24 2.9. Requests for Loans, Conversions, etc.................................................25 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 .........................................................25 3.1. Maturity..........................................................33 .............................................................................25 3.2. Mandatory Repayments of Revolving Credit Loans....................33 .......................................25 3.3. Optional Repayments of Revolving Credit Loans.....................34 ........................................25 4.

The Revolving Credit Facility. 27 24 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ................................................................... 24 2.2. Commitment Fee....................................................29 ....................................................................... 25 2.3. Reduction of Total Commitment.....................................29 ........................................................ 25 2.4. The Revolving Credit Notes........................................30 ........................................................... 25 2.5. Interest on Revolving Credit Loans................................30 ................................................... 26 2.6. Requests for Revolving Credit Loans...............................30 .................................................. 26 2.6.1. General..................................................................... 26 2.6.2. Swing Line.................................................................. 27 2.6.3. Temporary Suspension of Eurodollar Rate Options............................. 27 2.7. Conversion Options................................................31 ................................................................... 28 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 ....................... 28 2.7.2. Continuation of Type of Revolving Credit Loan.............32 ............................... 29 2.7.3. Eurodollar Rate Loans.....................................32 ....................................................... 29 2.8. Funds for Revolving Credit Loan...................................32 ...................................................... 29 2.8.1. Funding Procedures........................................32 .......................................................... 29 2.8.2. Advances by the Loan and Collateral Agent.........................................33 ................................... 30 2.9. Change in Borrowing Base............................................................. 30 2.10. Settlements......................................................................... 31 2.10.1. General.................................................................... 31 2.10.2. Failure to Make Funds Available............................................ 32 2.10.3. No Effect on Other Banks................................................... 32 3. REPAYMENT OF THE REVOLVING CREDIT LOANS....................................................................................... 33 3.1. Maturity....................................................................................................................................... 33 3.2. Mandatory Repayments of Revolving Credit Loans........................................................... 33 3.3. Optional Repayments of Revolving Credit Loans.....................34 ........................................ 33 4.

The Revolving Credit Facility. 27 28 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments..............................................................................28 2.2. Commitment Fee....................................................29 ...................................................28 2.3. Reduction of Total Commitment.....................................29 ....................................28 2.4. The Revolving Credit Notes........................................30 .......................................29 2.5. Interest on Revolving Credit Loans................................30 ...............................29 2.6. Requests for Revolving Credit Loans...............................30 ..............................29 2.7. Conversion Options................................................31 ...............................................30 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 ............................................30 2.7.2. Continuation of Type of Revolving Credit Loan.............32 ..........30 2.7.3. Eurodollar Rate Loans.....................................32 ..................................31 2.8. Funds for Revolving Credit Loan...................................32 Loans.................................31 2.8.1. Funding Procedures........................................32 .....................................31 2.8.2. Advances by Agent.........................................33 ......................................31 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 32 3.1. Maturity..........................................................33 .........................................................32 3.2. Mandatory Repayments of Revolving Credit Loans....................33 ...................32 3.3. Optional Repayments of Revolving Credit Loans.....................34 ....................32 4.

The Revolving Credit Facility. 27 20 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ...........................................20 2.2. Commitment Fee....................................................29 . ...............................................21 2.3. Reduction of Total Commitment.....................................29 . ................................21 2.3.1. Optional Reduction. ..................................21 2.3.2. Mandatory Reduction. .................................21 2.4. The Revolving Credit Notes........................................30 . ...................................22 2.5. Interest on Revolving Credit Loans................................30 . ...........................22 2.6. Requests for Revolving Credit Loans...............................30 . ..........................22 2.7. Conversion Options................................................31 . ...........................................23 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 ..23 2.7.2. Continuation of Type of Revolving Credit Loan.............32 . .......23 2.7.3. Eurodollar Rate Loans.....................................32 . ...............................24 2.8. Funds for Revolving Credit Loan...................................32 . ..............................24 2.8.1. Funding Procedures........................................32 . ..................................24 2.8.2. Advances by Agent.........................................33 . ...................................24 2.9. Change in Borrowing Base. .....................................25 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 . ................................25 3.1. Maturity..........................................................33 . .....................................................25 3.2. Mandatory Repayments of Revolving Credit Loans....................33 . ...............25 3.3. Optional Repayments of Revolving Credit Loans.....................34 . ................25 4.

The Revolving Credit Facility. 27 18 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ............................................. 18 2.2. Commitment Fee....................................................29 . ................................................. 18 2.3. Reduction of Total Commitment.....................................29 . .................................. 18 2.3.1. Mandatory Reduction. ................................... 18 2.3.2. Optional Reduction. .................................... 19 2.4. The Revolving Credit Notes........................................30 . ..................................... 19 2.5. Interest on Revolving Credit Loans................................30 . ............................. 19 2.6. Requests for Revolving Credit Loans...............................30 . ............................ 20 2.7. Conversion Options................................................31 . ............................................. 20 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 . .................................................. 20 2.7.2. Continuation of Type of Revolving Credit Loan.............32 . ......... 21 2.7.3. Eurodollar Rate Loans.....................................32 . ................................. 21 2.8. Funds for Revolving Credit Loan...................................32 Loans. ............................... 21 2.8.1. Funding Procedures........................................32 . .................................... 21 2.8.2. Advances by Agent.........................................33 . ..................................... 22 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 . .................................. 22 3.1. Maturity..........................................................33 . ....................................................... 22 3.2. Mandatory Repayments of Revolving Credit Loans....................33 . ................. 23 3.3. Optional Repayments of Revolving Credit Loans.....................34 . .................. 23 4.

The Revolving Credit Facility. 27 24 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ............................................24 2.2. Unused Revolving Credit Commitment Fee....................................................29 ........................24 2.3. Reduction of Total Revolving Credit Commitment.....................................29 ................24 2.4. The Revolving Credit Notes........................................30 ....................................25 2.5. Interest on Revolving Credit Loans................................30 ............................25 2.6. Requests for Revolving Credit Loans...............................30 ...........................25 2.6.1. General............................................25 2.6.2. Swing Line.........................................26 2.7. Conversion Options................................................31 ............................................26 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 ...............................................26 2.7.2. Continuation of Type of Revolving Credit Loan.............32 ......26 2.7.3. Eurodollar Rate Loans.....................................32 ..............................27 2.8. Funds for Revolving Credit Loan...................................32 ...............................27 2.8.1. Funding Procedures........................................32 .................................27 2.8.2. Advances by Agent.........................................33 3..................................27 2.9. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 3.1Change in Borrowing Base......................................27 2.10. Maturity..........................................................33 3.2Settlements...................................................28 2.10.1. Mandatory General...........................................28 2.10.2. Failure to Make Funds Available...................28 2.10.3. No Effect on Other Lenders........................29 2.11. Repayments of Revolving Credit Loans....................33 3.3Loans Prior to Event of Default.......................................................29 2.11.1. Optional Credit for Funds Received in Concentration Account.....................................................29 2.11.2. Application of Payments Prior to Event of Default.....................................................29 2.12. Repayments of Revolving Credit Loans.....................34 4Loans After Event of Default...30 3.

The Revolving Credit Facility. 27 30 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ...........................................30 2.2. Commitment Fee....................................................29 2.3. Reduction of Total Commitment.....................................29 2.4. ................................31 2.3. The Revolving Credit Notes........................................30 2.5. ...................................32 2.4. Interest on Revolving Credit Loans................................30 2.6. ...........................32 2.5. Requests for Revolving Credit Loans...............................30 2.7. ..........................33 2.6. Conversion Options................................................31 2.7.1. ...........................................33 2.6.1. Conversion to Different Type of Revolving Credit Loan.....31 2.7.2Loan.33 2.6.2. Continuation of Type of Revolving Credit Loan.............32 2.7.3. ......34 2.6.3. Eurodollar Rate Loans.....................................32 2.8. ..............................34 2.7. Funds for Revolving Credit Loan...................................32 2.8.1. ..............................35 2.7.1. Funding Procedures........................................32 2.8.2. .................................35 2.7.2. Advances by Agent.........................................33 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 3.135 2.8. Maturity..........................................................33 3.2Change in Borrowing Base. Mandatory .....................................36 2.9. Settlements. ..................................................36 2.9.1. General. ............................................36 2.9.2. Failure to Make Funds Available.......................37 2.9.3. No Effect on Other Banks. ...........................38 2.10. Repayments of Revolving Credit Loans....................33 3.3Loans Prior to Event of Default..38 2.10.1. Optional Credit for Funds Received in Concentration Account...38 2.10.2. Application of Payments Prior to Event of Default....39 2.11. Repayments of Revolving Credit Loans.....................34 4Loans After Event of Default....40 3.

The Revolving Credit Facility. 27 47 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ......................................................................... 47 2.2. The Swing Line............................................................................. 47 2.2.1. The Swing Line Loans.............................................................. 47 2.2.2. Notice............................................................................ 48 2.2.3. Irrevocable Notice................................................................ 50 2.2.4. Purchase of Swing Line Loan....................................................... 50 2.3. Revolving Commitment Fee....................................................29 2.3................................................................... 50 2.4. Reduction and Reallocation of Total Revolving Commitment................................... 50 2.4.1. Optional Reduction of Total Revolving Commitment.....................................29 2.4.................................. 50 2.4.2. The Reallocation of Total Revolving Commitment........................................ 51 2.5. Revolving Credit Notes........................................30 2.5..................................................................... 52 2.6. Interest on Revolving Credit Loans and Swing Line Loans................................30 2.6.................................... 52 2.7. Requests for Revolving Credit Loans...............................30 2.7........................................................ 53 2.8. Conversion Options................................................31 2.7.1......................................................................... 53 2.8.1. Conversion to Different Type of Revolving Credit Loan.....31 2.7.2............................. 53 2.8.2. Continuation of Type of Revolving Credit Loan.............32 2.7.3..................................... 54 2.8.3. Eurodollar Rate Loans.....................................32 2.8............................................................. 55 2.9. Funds for Revolving Credit Loan...................................32 2.8.1Loans........................................................... 55 2.9.1. Funding Procedures........................................32 2.8.2................................................................ 55 2.9.2. Advances by Administrative Agent.........................................33 3.................................................. 56 2.10. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 3.1Pro Rata Treatment......................................................................... 56 2.11. Intentionally Deleted...................................................................... 56 2.12. Repayment of the Revolving Credit Loans and Swing Line Loans............................... 56 2.12.1. Maturity..........................................................33 3.2.......................................................................... 56 2.12.2. Mandatory Repayments of Revolving Credit Loans....................33 3.3.................................... 56 2.12.3. Optional Repayments of Revolving Credit Loans and Swing Line Loans.....................34 4................. 57 2.12.4. Intentionally Deleted............................................................. 58 2.12.5. Intentionally Deleted............................................................. 58

The Revolving Credit Facility. 27 23 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ..............................................................23 2.2. Revolving Credit Commitment Fee....................................................29 . ...............................................24 2.3. Reduction of Total Revolving Credit Commitment.....................................29 ..................................24 2.4. The Revolving Credit Notes........................................30 ......................................................24 2.5. Interest on Revolving Credit Loans................................30 ..............................................25 2.6. Requests for Revolving Credit Loans...............................30 .............................................25 2.7. Conversion Options................................................31 ..............................................................26 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 . .............26 2.7.2. Continuation of Type of Revolving Credit Loan.............32 . .....................26 2.7.3. Eurodollar Eurocurrency Rate Loans.....................................32 2.8. ..............................................27 2.8 Funds for Revolving Credit Loan...................................32 2.8.1Loans.................................................27 2.9. Funding Procedures........................................32 2.8.2. Advances by Agent.........................................33 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 3.1. Maturity..........................................................33 3.2Maturity of Revolving Credit Loans..............................................27 2.10. Mandatory Repayments of Revolving Credit Loans....................33 3.3.................................27 2.11. Optional Repayments of Revolving Credit Loans.....................34 4..................................27 3.

The Revolving Credit Facility. 27 16 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ..................................................... 16 2.2. Commitment Fee....................................................29 ......................................................... 17 2.3. Reduction of Total Revolving Credit Commitment.....................................29 ......................... 17 2.4. The Revolving Credit Notes........................................30 ............................................. 17 2.5. Interest on Revolving Credit Loans................................30 ..................................... 18 2.6. Requests for Revolving Credit Loans...............................30 .................................... 18 2.6.1. General................................................. 18 2.6.2. Swing Line.............................................. 18 2.7. Conversion Options................................................31 ..................................................... 19 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 ... 19 2.7.2. Continuation of Type of Revolving Credit Loan.............32 ........... 19 2.7.3. Eurodollar Rate Loans.....................................32 ................................... 20 2.8. Funds for Revolving Credit Loan...................................32 ....................................... 20 2.8.1. Funding Procedures........................................32 ...................................... 20 2.8.2. Advances by Agent.........................................33 ....................................... 20 2.9. Settlements........................................................... 21 2.9.1. General................................................. 21 2.9.2. Failure to Make Funds Available......................... 21 2.9.3. No Effect on Other Banks................................ 22 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 ............................................ 22 3.1. Maturity..........................................................33 ............................................................... 22 3.2. Mandatory Repayments of Revolving Credit Loans....................33 ......................... 22 3.3. Optional Repayments of Revolving Credit Loans.....................34 .......................... 22 4.

The Revolving Credit Facility. 27 31 2.1. Commitment to Lend................................................27 2.1.1. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 ............................................31 2.2. Commitment Fee....................................................29 2.3. Reduction of Total Commitment.....................................29 2.4. .................................31 2.3. The Revolving Credit Notes........................................30 2.5. ....................................31 2.4. Interest on Revolving Credit Loans................................30 2.6. ............................32 2.5. Requests for Revolving Credit Loans...............................30 2.7. ...........................32 2.6. Conversion Options................................................31 2.7.1. ............................................33 2.6.1. Conversion to Different Type of Revolving Credit Loan.....31 2.7.2..33 2.6.2. Continuation of Type of Revolving Credit Loan.............32 2.7.3. .......33 2.6.3. Eurodollar Rate Loans.....................................32 2.8. ...............................34 2.7. Funds for Revolving Credit Loan...................................32 2.8.1. ...............................34 2.7.1. Funding Procedures........................................32 2.8.2. ..................................34 2.7.2. Advances by Agent.........................................33 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 3.1...................................35 2.8. Maturity..........................................................33 3.2Change in Borrowing Base. Mandatory ......................................35 2.9. Settlements. ...................................................36 2.9.1. General. .............................................36 2.9.2. Failure to Make Funds Available. .....................36 2.9.3. No Effect on Other Banks. ............................37 2.10. Repayments of Revolving Credit Loans....................33 3.3Loans Prior to Event of Default..37 2.10.1. Optional Credit for Funds Received in Concentration Account....37 2.10.2. Application of Payments Prior to Event of Default.....38 2.11. Repayments of Revolving Credit Loans.....................34 4Loans After Event of Default.....39 3.

The Revolving Credit Facility. 27 24 2.1. Commitment to Lend................................................27 2.1.1Commitment. Commitment to Lend........................................27 2.1.2. Increase of the Commitments...............................28 .................................................... 24 2.2. Commitment Fee....................................................29 . ................................................ 25 2.3. Reduction of Total Commitment.....................................29 . ................................. 25 2.3.1. Optional Reduction. ..................................... 25 2.3.2. Mandatory Reduction. .................................... 25 2.4. The Revolving Credit Notes........................................30 . .................................... 26 2.5. Interest on Revolving Credit Loans................................30 . ............................ 26 2.6. Requests for Revolving Credit Loans...............................30 ; Request for Foreign Loans. ................................................. 27 2.6.1. Request for Revolving Credit Loan. ...................... 27 2.6.2. Request for Foreign Loan. ............................... 27 2.7. Conversion Options................................................31 . ............................................ 28 2.7.1. Conversion to Different Type of Revolving Credit Loan.....31 . ............................................ 28 2.7.2. Continuation of Type of Revolving Credit Loan.............32 . .......... 28 2.7.3. Eurodollar Eurocurrency Rate Loans.....................................32 . ................................ 29 2.8. Funds for Revolving Credit Loan...................................32 . ............................... 29 2.8.1. Funding Procedures........................................32 Procedures for Revolving Credit Loans Denominated in Dollars. ................................. 29 2.8.2. Advances by Agent.........................................33 3. REPAYMENT OF THE REVOLVING CREDIT LOANS..................................33 3.1...................................... 29 2.8.3. Maturity..........................................................33 3.2Funding Procedures for Multicurrency Loans and Foreign Loans. Mandatory Repayments of Revolving Credit .......................................... 30 2.8.4. Advances by Agent for Multicurrency Loans....................33 3.3. Optional Repayments of Revolving Credit .............. 31 2.8.5. Advances by Agent for Foreign Loans.....................34 4. .................... 31 2.9.