Timing and Acceptance of Requests. Requests made under this Section 2.5 (whether telephonic or in writing) are irrevocable. Requests under this Section 2.5 which Lender receives after 11:00 a.m. (Birmingham, Alabama, time) shall be deemed received on the next Business Day. Lender’s acceptance of a request for the making of a new Loan under this Section 2.5 shall be indicated by its making the Loan requested. With respect to Revolving Loans which are to be LIR Loans or, if required or permitted under Section 2.3(g), Base Rate Loans, Lender shall make such Revolving Loans in immediately available funds on the same Business Day it receives or is deemed to have received the request therefor.
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Samples: Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Transcend Services Inc)
Timing and Acceptance of Requests. Requests made under this Section 2.5 (whether telephonic or in writing) are irrevocable. Requests under this Section 2.5 which Lender receives after 11:00 a.m. (Birmingham, Alabama, time) shall be deemed received on the next Business Day. Lender’s acceptance of a request for the making of a new Loan under this Section 2.5 shall be indicated by its making the Loan requested. With respect to Revolving Loans which are to be LIR Loans or, if required or permitted under Section 2.3(g), Base Rate Loans, Lender shall make such Revolving Loans in immediately available funds on the same Business Day it receives or is deemed to have received the a request thereforfor such borrowing in accordance herewith.
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