AGENT PRIOR TO 12:00 NOON, NEW YORK CITY TIME ON
THE REQUESTED BORROWING DATE) OR (Y) IN THE CASE OF EURODOLLAR LOANS, BY
COMMITTED LOAN NOTICE (WHICH NOTICE MUST BE RECEIVED BY THE ADMINISTRATIVE AGENT
PRIOR TO 12:00 NOON, NEW YORK CITY TIME NOT LESS THAN THREE BUSINESS DAYS PRIOR
TO THE REQUESTED BORROWING DATE).
ANY COMMITTED LOAN NOTICE SHALL BE
IRREVOCABLE (BUT MAY BE CONDITIONED ON THE OCCURRENCE OF ANY EVENT IF THE
COMMITTED LOAN NOTICE INCLUDES A DESCRIPTION OF SUCH EVENT; PROVIDED THAT THE
RELEVANT LENDERS SHALL STILL BE ENTITLED TO THE BENEFITS OF SECTION 2.13) AND
ANY TELEPHONIC BORROWING REQUEST MUST BE CONFIRMED IMMEDIATELY BY DELIVERY TO
THE ADMINISTRATIVE AGENT OF A COMMITTED LOAN NOTICE.
EACH SUCH TELEPHONIC AND
WRITTEN COMMITTED LOAN NOTICE SHALL SPECIFY THE AMOUNT AND TYPE OF BORROWING TO
BE BORROWED, THE REQUESTED BORROWING DATE AND IF APPLICABLE, THE DURATION OF THE
INTEREST PERIOD WITH RESPECT THERETO.
UPON RECEIPT OF SUCH NOTICE, THE
ADMINISTRATIVE AGENT SHALL PROMPTLY NOTIFY EACH RELEVANT LENDER THEREOF.
FOR
THE AVOIDANCE OF DOUBT, SUBJECT TO SECTION 2.11, EACH BORROWING SHALL BE
COMPRISED ENTIRELY OF ABR LOANS OR EURODOLLAR LOANS AS THE BORROWER MAY REQUEST
IN ACCORDANCE HEREWITH.
(B)
IF NO ELECTION AS TO THE TYPE OF BORROWING IS SPECIFIED FOR
A BORROWING, THEN THE REQUESTED BORROWING SHALL BE AN ABR BORROWING.
IF NO
INTEREST PERIOD IS SPECIFIED WITH RESPECT TO ANY REQUESTED EURODOLLAR BORROWING,
THEN THE BORROWER SHALL BE DEEMED TO HAVE SELECTED AN INTEREST PERIOD OF ONE
MONTH'S DURATION.
SECTION 2.04
FUNDING OF BORROWINGS.
(A)
EACH LENDER SHALL MAKE EACH LOAN TO BE MADE BY IT HEREUNDER
ON THE PROPOSED DATE THEREOF BY WIRE TRANSFER OF IMMEDIATELY AVAILABLE FUNDS BY
2:00 P.M. NEW YORK CITY TIME TO THE ACCOUNT OF THE ADMINISTRATIVE AGENT MOST
RECENTLY DESIGNATED BY IT FOR SUCH PURPOSE BY NOTICE TO THE LENDERS.
THE
ADMINISTRATIVE AGENT WILL MAKE SUCH LOANS AVAILABLE TO THE BORROWER BY PROMPTLY
CREDITING THE AMOUNTS SO RECEIVED, IN LIKE FUNDS, TO AN ACCOUNT OF THE BORROWER
MAINTAINED WITH THE ADMINISTRATIVE AGENT IN NEW YORK CITY OR TO ANY OTHER
ACCOUNT AS SHALL HAVE BEEN DESIGNATED BY THE BORROWER IN WRITING TO THE
ADMINISTRATIVE AGENT IN THE APPLICABLE COMMITTED LOAN NOTICE.
EACH LENDER AT
ITS OPTION MAY MAKE ANY EURODOLLAR LOAN BY CAUSING ANY DOMESTIC OR FOREIGN
BRANCH OR AFFILIATE OF SUCH LENDER
SUPERPRIORITY SECURED DEBTOR-IN-POSSESSION CREDIT AGREEMENT
LSC COMMUNICATIONS, INC.
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TO MAKE SUCH LOAN; PROVIDED THAT ANY EXERCISE OF SUCH OPTION SHALL NOT AFFECT
THE OBLIGATION OF THE BORROWER TO REPAY SUCH LOAN IN ACCORDANCE WITH THE TERMS
HEREOF.
(B)
UNLESS THE ADMINISTRATIVE AGENT SHALL HAVE RECEIVED NOTICE
FROM A LENDER PRIOR TO THE PROPOSED TIME OF ANY BORROWING THAT SUCH LENDER WILL
NOT MAKE AVAILABLE TO THE ADMINISTRATIVE AGENT SUCH LENDER'S SHARE OF SUCH
BORROWING, THE ADMINISTRATIVE AGENT MAY ASSUME THAT SUCH LENDER HAS MADE SUCH
SHARE AVAILABLE ON SUCH DATE IN ACCORDANCE WITH PARAGRAPH (A) OF THIS SECTION
AND MAY, IN RELIANCE UPON SUCH ASSUMPTION,