PROMPTLY NOTIFY EACH LENDER OF ITS PRO RATA SHARE OF THE APPLICABLE
COMMITTED LOANS, AND IF NO TIMELY NOTICE OF A CONVERSION OR CONTINUATION IS
PROVIDED BY THE COMPANY, THE ADMINISTRATIVE AGENT SHALL NOTIFY EACH LENDER OF
THE DETAILS OF ANY AUTOMATIC CONVERSION TO BASE RATE LOANS OR CONTINUATION OF
COMMITTED LOANS DENOMINATED IN A CURRENCY OTHER THAN DOLLARS, IN EACH CASE AS
DESCRIBED IN THE PRECEDING SUBSECTION.
IN THE CASE OF A COMMITTED BORROWING,
EACH LENDER SHALL MAKE THE AMOUNT OF ITS COMMITTED LOAN AVAILABLE TO THE
ADMINISTRATIVE AGENT IN IMMEDIATELY AVAILABLE FUNDS AT THE ADMINISTRATIVE
AGENT'S OFFICE FOR THE APPLICABLE CURRENCY NOT LATER THAN 1:00 P.M., CHICAGO
TIME, ON THE BUSINESS DAY SPECIFIED IN THE APPLICABLE COMMITTED LOAN NOTICE.
UPON SATISFACTION OF THE APPLICABLE CONDITIONS SET FORTH IN SECTION 4.3 (AND, IF
SUCH BORROWING IS THE INITIAL CREDIT EXTENSION, SECTION 4.1), THE ADMINISTRATIVE
AGENT SHALL MAKE ALL FUNDS SO RECEIVED AVAILABLE TO THE APPLICABLE BORROWER IN
LIKE FUNDS AS RECEIVED BY THE ADMINISTRATIVE AGENT EITHER BY (I) CREDITING THE
ACCOUNT OF THE APPLICABLE BORROWER ON THE BOOKS OF BANK OF AMERICA WITH THE
AMOUNT OF SUCH FUNDS OR (II) WIRE TRANSFER OF SUCH FUNDS, IN EACH CASE IN
ACCORDANCE WITH INSTRUCTIONS PROVIDED TO THE ADMINISTRATIVE AGENT BY THE
COMPANY; PROVIDED, HOWEVER, THAT IF, ON THE DATE OF THE COMMITTED BORROWING
THERE ARE SWING LINE LOANS AND/OR L/C BORROWINGS OUTSTANDING, THEN THE PROCEEDS
OF SUCH BORROWING SHALL BE APPLIED, FIRST, TO THE PAYMENT IN FULL OF ANY
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SUCH L/C BORROWINGS, SECOND, TO THE PAYMENT IN FULL OF ANY SUCH SWING LINE
LOANS, AND THIRD, TO THE APPLICABLE BORROWER AS PROVIDED ABOVE, AND PROVIDED,
FURTHER, THAT IF SUCH COMMITTED BORROWING IS DENOMINATED IN A COMMITTED
ALTERNATIVE CURRENCY, THEN A PORTION THEREOF EQUAL TO THE ALTERNATIVE CURRENCY
EQUIVALENT OF THE THEN OUTSTANDING SWING LINE LOANS AND L/C BORROWINGS SHALL BE
REDENOMINATED INTO DOLLAR LOANS TO PERMIT THE APPLICATION SPECIFIED IN THE
PRECEDING PROVISO.
(C)
EXCEPT AS OTHERWISE PROVIDED HEREIN, A EUROCURRENCY RATE COMMITTED
LOAN MAY BE CONTINUED OR CONVERTED ONLY ON THE LAST DAY OF THE INTEREST PERIOD
FOR SUCH EUROCURRENCY RATE COMMITTED LOAN.
DURING THE EXISTENCE OF A DEFAULT OR
EVENT OF DEFAULT, NO COMMITTED LOANS MAY BE REQUESTED AS, CONVERTED TO OR
CONTINUED AS EUROCURRENCY RATE COMMITTED LOANS WITHOUT THE CONSENT OF THE
REQUIRED LENDERS, AND THE REQUIRED LENDERS MAY DEMAND THAT ANY OR ALL OF THE
THEN OUTSTANDING EUROCURRENCY RATE COMMITTED LOANS BE CONVERTED IMMEDIATELY TO
BASE RATE COMMITTED LOANS.
ON THE DATE OF ANY SUCH CONVERSION, ANY SUCH
EUROCURRENCY RATE COMMITTED LOAN THAT IS AN ALTERNATIVE CURRENCY LOAN SHALL BE
REDENOMINATED INTO A DOLLAR LOAN IN A PRINCIPAL AMOUNT EQUAL TO THE DOLLAR
EQUIVALENT OF THE AMOUNT OF SUCH ALTERNATIVE CURRENCY LOAN.
(D)
THE ADMINISTRATIVE AGENT SHALL PROMPTLY NOTIFY THE COMPANY AND THE
LENDERS OF THE INTEREST RATE APPLICABLE TO ANY EUROCURRENCY RATE COMMITTED LOAN
UPON DETERMINATION OF SUCH INTEREST RATE.
THE DETERMINATION OF THE EUROCURRENCY
RATE BY THE ADMINISTRATIVE AGENT SHALL BE CONCLUSIVE IN