CURRENCY EXCHANGE RATES ON SUCH DATE (OR IN THE
CASE OF ANY LC DISBURSEMENT MADE AFTER SUCH DATE, ON THE DATE SUCH LC
DISBURSEMENT IS MADE), OF SUCH AMOUNTS.
ON AND AFTER SUCH CONVERSION, ALL
AMOUNTS ACCRUING AND OWED TO THE ADMINISTRATIVE AGENT, ANY ISSUING BANK OR ANY
LENDER IN RESPECT OF THE OBLIGATIONS DESCRIBED IN THIS PARAGRAPH SHALL ACCRUE
AND BE PAYABLE IN DOLLARS AT THE RATES OTHERWISE APPLICABLE HEREUNDER.
(L)
ISSUING BANK AGREEMENTS.
EACH ISSUING BANK AGREES THAT, UNLESS OTHERWISE
REQUESTED BY THE ADMINISTRATIVE AGENT, SUCH ISSUING BANK SHALL REPORT IN WRITING
TO THE ADMINISTRATIVE AGENT (I) ON THE FIRST BUSINESS DAY OF EACH WEEK, THE
DAILY ACTIVITY (SET FORTH BY DAY) IN RESPECT OF LETTERS OF CREDIT DURING THE
IMMEDIATELY PRECEDING WEEK, INCLUDING ALL ISSUANCES, EXTENSIONS, AMENDMENTS AND
RENEWALS, ALL EXPIRATIONS AND CANCELLATIONS AND ALL DISBURSEMENTS AND
REIMBURSEMENTS, (II) ON OR PRIOR TO EACH BUSINESS DAY ON WHICH SUCH ISSUING BANK
EXPECTS TO ISSUE, AMEND, RENEW OR EXTEND ANY LETTER OF CREDIT, THE DATE OF SUCH
ISSUANCE, AMENDMENT, RENEWAL OR EXTENSION, AND THE AGGREGATE FACE AMOUNT OF THE
LETTERS
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OF CREDIT TO BE ISSUED, AMENDED, RENEWED OR EXTENDED BY IT AND OUTSTANDING AFTER
GIVING EFFECT TO SUCH ISSUANCE, AMENDMENT, RENEWAL OR EXTENSION OCCURRED (AND
WHETHER THE AMOUNT THEREOF CHANGED), IT BEING UNDERSTOOD THAT SUCH ISSUING BANK
SHALL NOT PERMIT ANY ISSUANCE, RENEWAL, EXTENSION OR AMENDMENT RESULTING IN AN
INCREASE IN THE AMOUNT OF ANY LETTER OF CREDIT TO OCCUR WITHOUT FIRST OBTAINING
WRITTEN CONFIRMATION FROM THE ADMINISTRATIVE AGENT THAT IT IS THEN PERMITTED
UNDER THIS AGREEMENT, (III) ON EACH BUSINESS DAY ON WHICH SUCH ISSUING BANK
MAKES ANY LC DISBURSEMENT, THE DATE OF SUCH LC DISBURSEMENT AND THE AMOUNT OF
SUCH LC DISBURSEMENT, (IV) ON ANY BUSINESS DAY ON WHICH THE COMPANY FAILS TO
REIMBURSE AN LC DISBURSEMENT REQUIRED TO BE REIMBURSED TO SUCH ISSUING BANK ON
SUCH DAY, THE DATE OF SUCH FAILURE AND THE AMOUNT AND CURRENCY OF SUCH LC
DISBURSEMENT AND (V) ON ANY OTHER BUSINESS DAY, SUCH OTHER INFORMATION AS THE
ADMINISTRATIVE AGENT SHALL REASONABLY REQUEST.
SECTION 2.07.
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 (I) IN THE CASE OF LOANS DENOMINATED IN DOLLARS TO
THE COMPANY, BY 1:00 PM, NEW YORK CITY TIME, TO THE ACCOUNT OF THE
ADMINISTRATIVE AGENT MOST RECENTLY DESIGNATED BY IT FOR SUCH PURPOSE BY NOTICE
TO THE LENDERS AND (II) IN THE CASE OF EACH LOAN DENOMINATED IN A FOREIGN
CURRENCY OR TO THE SWISS BORROWER, BY 12:00 NOON, LOCAL TIME, IN THE CITY OF THE
ADMINISTRATIVE AGENT'S EUROCURRENCY PAYMENT OFFICE FOR SUCH CURRENCY AND
BORROWER AND AT SUCH EUROCURRENCY PAYMENT OFFICE FOR SUCH CURRENCY AND BORROWER;
PROVIDED THAT SWINGLINE LOANS SHALL BE MADE AS PROVIDED IN SECTION 2.05.
THE
ADMINISTRATIVE AGENT WILL MAKE SUCH LOANS AVAILABLE TO THE RELEVANT BORROWER BY
PROMPTLY CREDITING THE AMOUNTS SO RECEIVED, IN LIKE FUNDS, TO (X) AN