COMMITTED ADVANCE.
42
(B)
THE BORROWER MAY, UPON NOTICE GIVEN TO THE AGENT NOT LATER THAN 11:00 A.M.
(NEW YORK CITY TIME) ON A BUSINESS DAY AT LEAST THREE BUSINESS DAYS PRIOR TO THE
DATE OF THE PROPOSED REDENOMINATION, AND SUBJECT TO THE PROVISIONS OF
SECTION 2.09 AND 2.13 AND THE PROVISOS IN THIS SECTION 2.10(B), REQUEST THAT ALL
OR ANY PART OF THE ADVANCES COMPRISING THE SAME A BORROWING BE REDENOMINATED
FROM DOLLARS INTO AN ALTERNATIVE CURRENCY, FROM AN ALTERNATIVE CURRENCY INTO
DOLLARS OR ANOTHER ALTERNATIVE CURRENCY, OR CONTINUED IN THE SAME ALTERNATIVE
CURRENCY; PROVIDED, HOWEVER, THAT ANY REDENOMINATION SHALL BE MADE ON, AND ONLY
ON, THE LAST DAY OF AN INTEREST PERIOD FOR SUCH ADVANCES; PROVIDED FURTHER, THAT
ANY SUCH REDENOMINATION OF A ADVANCES SHALL BE IN THE MINIMUM AMOUNTS AND
INCREMENTS SPECIFIED IN SECTION 2.01(B); AND PROVIDED FURTHER, THAT NO ADVANCE
MAY BE REDENOMINATED AT ANY TIME THAT A DEFAULT OR EVENT OF DEFAULT HAS OCCURRED
AND IS CONTINUING. EACH SUCH NOTICE OF REQUEST OF A REDENOMINATION (A "NOTICE OF
REDENOMINATION") SHALL BE DELIVERED IN A MANNER SPECIFIED IN SECTION 9.02,
SPECIFYING (I) THE ADVANCES COMPRISING THE A BORROWING TO BE REDENOMINATED,
(II) THE DATE OF THE PROPOSED REDENOMINATION, (III) THE CURRENCY INTO WHICH SUCH
ADVANCES ARE TO BE REDENOMINATED, AND (IV) THE DURATION OF THE INTEREST PERIOD
FOR SUCH ADVANCES UPON BEING SO REDENOMINATED. SUBJECT TO THE PROVISIONS OF
SECTIONS 2.09 AND 2.13 AND OF THE SECOND PROVISO IN SECTION 2.10(B), EACH
ADVANCE SO REQUESTED TO BE REDENOMINATED WILL BE REDENOMINATED, ON THE DATE
SPECIFIED THEREFOR IN SUCH NOTICE OF REDENOMINATION, INTO AN EQUIVALENT AMOUNT
THEREOF IN THE CURRENCY REQUESTED IN SUCH NOTICE OF REDENOMINATION, SUCH
EQUIVALENT AMOUNT TO BE DETERMINED ON SUCH DATE IN ACCORDANCE WITH SECTION 2.16,
AND, UPON BEING SO REDENOMINATED, WILL HAVE AN INITIAL INTEREST PERIOD AS
REQUESTED IN SUCH NOTICE OF REDENOMINATION.
SECTION 2.11. PREPAYMENTS.
(A)
SUBJECT TO SECTION 9.04(B) HEREOF, AND TO THE TERMS OF THE APPLICABLE LOCAL
CURRENCY ADDENDUM, IF APPLICABLE, A BORROWER MAY (I) FOLLOWING NOTICE GIVEN TO
THE AGENT BY THE COMPANY (ON BEHALF OF SUCH BORROWER) NOT LATER THAN 11:00 A.M.
(NEW YORK CITY TIME OR LOCAL TIME, AS APPLICABLE) ON THE PROPOSED DATE OF
PREPAYMENT (OR TWO BUSINESS DAYS PRIOR TO SUCH PREPAYMENT IN THE CASE OF A
DESIGNATED PREPAYMENT), SUCH NOTICE SPECIFYING THE APPLICABLE BORROWER, THE
PROPOSED DATE AND AGGREGATE PRINCIPAL AMOUNT OF THE PREPAYMENT, AND IF SUCH
NOTICE IS GIVEN, SUCH BORROWER SHALL PREPAY THE OUTSTANDING PRINCIPAL AMOUNTS OF
THE BASE RATE ADVANCES COMPRISING PART OF THE SAME A BORROWING OR FLOATING RATE
ADVANCES COMPRISING THE SAME LOCAL CURRENCY BORROWING IN WHOLE OR RATABLY IN
PART, TOGETHER WITH ACCRUED INTEREST TO THE DATE OF SUCH PREPAYMENT ON THE
PRINCIPAL AMOUNT PREPAID AND (II) FOLLOWING NOTICE GIVEN TO THE AGENT (OR, IN
THE CASE OF FIXED RATE ADVANCES DENOMINATED IN ANY ALTERNATIVE CURRENCY, THE
EURO-AGENT OR THE APPLICABLE LOCAL CURRENCY AGENT, AS APPLICABLE) BY THE COMPANY
(ON BEHALF OF SUCH BORROWER) NOT LATER