TO THE ADMINISTRATIVE AGENT IN ACCORDANCE WITH SUBSECTIONS
2.2 AND 4.2, PROVIDED THAT NO REVOLVING CREDIT LOAN SHALL BE MADE AS A
EURODOLLAR LOAN AFTER THE DAY THAT IS ONE MONTH PRIOR TO THE REVOLVING CREDIT
TERMINATION DATE.
2.2.
PROCEDURE FOR REVOLVING CREDIT BORROWING. THE BORROWER MAY BORROW
UNDER THE REVOLVING CREDIT COMMITMENTS DURING THE REVOLVING CREDIT COMMITMENT
PERIOD ON ANY BUSINESS DAY, PROVIDED THAT THE BORROWER SHALL GIVE THE
ADMINISTRATIVE AGENT IRREVOCABLE NOTICE (WHICH NOTICE MUST BE RECEIVED BY THE
ADMINISTRATIVE AGENT PRIOR TO 11:00 A.M., (NEW YORK CITY TIME) AT LEAST (A)
THREE BUSINESS DAYS PRIOR TO THE REQUESTED BORROWING DATE, IF ALL OR ANY PART OF
THE REQUESTED REVOLVING CREDIT LOANS ARE TO BE INITIALLY EURODOLLAR LOANS, OR
(B) ONE BUSINESS DAY PRIOR TO THE REQUESTED BORROWING DATE, OTHERWISE),
SPECIFYING IN EACH CASE (I) THE AMOUNT TO BE BORROWED, (II) THE REQUESTED
BORROWING DATE, (III) WHETHER THE BORROWING IS TO BE OF EURODOLLAR LOANS, ABR
LOANS OR A COMBINATION THEREOF AND (IV) IF THE BORROWING IS TO BE ENTIRELY OR
PARTLY OF EURODOLLAR LOANS, THE AMOUNT OF SUCH TYPE OF LOAN AND THE LENGTH OF
THE INITIAL INTEREST PERIODS THEREFOR.
EACH BORROWING UNDER THE REVOLVING
CREDIT COMMITMENTS SHALL BE IN AN AMOUNT EQUAL TO (A) IN THE CASE OF ABR LOANS,
$1,000,000 OR A WHOLE MULTIPLE OF $1,000,000 IN EXCESS THEREOF (OR, IF THE THEN
AGGREGATE AVAILABLE REVOLVING CREDIT COMMITMENTS ARE LESS THAN $1,000,000, SUCH
LESSER AMOUNT) AND (B) IN THE CASE OF EURODOLLAR LOANS, $5,000,000 OR A WHOLE
MULTIPLE OF $5,000,000 IN EXCESS THEREOF.
UPON RECEIPT OF ANY SUCH NOTICE FROM
THE BORROWER, THE ADMINISTRATIVE AGENT SHALL PROMPTLY NOTIFY EACH LENDER THEREOF
NOT LATER THAN 9:00 A.M., NEW YORK CITY TIME, ON THE REQUESTED BORROWING DATE.
NOT LATER THAN 12:00 NOON, NEW YORK CITY TIME, ON EACH REQUESTED BORROWING DATE
EACH LENDER SHALL MAKE AN AMOUNT EQUAL TO ITS REVOLVING CREDIT COMMITMENT
PERCENTAGE OF THE PRINCIPAL AMOUNT OF THE REVOLVING CREDIT LOANS REQUESTED TO BE
MADE ON SUCH BORROWING DATE AVAILABLE TO THE ADMINISTRATIVE AGENT AT ITS OFFICE
SPECIFIED IN SUBSECTION 11.2 IN U.S. DOLLARS AND IN IMMEDIATELY AVAILABLE
FUNDS.
THE ADMINISTRATIVE AGENT SHALL ON SUCH DATE CREDIT THE ACCOUNT OF THE
BORROWER ON THE BOOKS OF SUCH OFFICE WITH THE AGGREGATE OF THE AMOUNTS MADE
AVAILABLE TO THE ADMINISTRATIVE AGENT BY THE LENDERS AND IN LIKE FUNDS AS
RECEIVED BY THE ADMINISTRATIVE AGENT.
2.3.
REPAYMENT OF REVOLVING CREDIT LOANS; EVIDENCE OF DEBT.
(A)
THE BORROWER HEREBY UNCONDITIONALLY PROMISES TO PAY TO THE
ADMINISTRATIVE AGENT FOR THE ACCOUNT OF EACH LENDER THE THEN UNPAID PRINCIPAL
AMOUNT OF EACH REVOLVING CREDIT LOAN OF SUCH LENDER (WHETHER MADE BEFORE OR
AFTER THE TERMINATION OR EXPIRATION OF THE REVOLVING CREDIT COMMITMENTS) ON THE
REVOLVING CREDIT TERMINATION DATE AND ON SUCH OTHER DATES AND IN SUCH OTHER
AMOUNTS AS MAY BE REQUIRED FROM TIME TO TIME PURSUANT TO THIS AGREEMENT.
THE
BORROWER HEREBY FURTHER AGREES TO PAY INTEREST ON THE UNPAID PRINCIPAL AMOUNT OF
THE
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REVOLVING CREDIT LOANS