$10,000,000.
(B)
EACH COMPETITIVE BORROWING SHALL BE COMPRISED ENTIRELY OF EURODOLLAR
COMPETITIVE LOANS OR FIXED RATE LOANS, AND EACH STANDBY BORROWING SHALL BE
COMPRISED ENTIRELY OF EURODOLLAR STANDBY LOANS OR ABR LOANS, AS THE BORROWER MAY
REQUEST PURSUANT TO SECTION 2.03 OR 2.04, AS APPLICABLE.
EACH LENDER MAY AT ITS
OPTION MAKE ANY EURODOLLAR LOAN BY CAUSING ANY DOMESTIC OR FOREIGN BRANCH OR
AFFILIATE OF SUCH LENDER 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 OF THIS AGREEMENT.
BORROWINGS OF MORE THAN ONE TYPE
MAY BE OUTSTANDING AT THE SAME TIME; PROVIDED THAT THE BORROWER SHALL NOT BE
ENTITLED TO REQUEST ANY BORROWING WHICH, IF MADE, WOULD RESULT IN AN AGGREGATE
OF MORE THAN 10 SEPARATE STANDBY LOANS OF ANY LENDER BEING OUTSTANDING HEREUNDER
AT ANY ONE TIME.
FOR PURPOSES OF THE FOREGOING, LOANS HAVING DIFFERENT INTEREST
PERIODS, REGARDLESS OF WHETHER THEY COMMENCE ON THE SAME DATE, SHALL BE
CONSIDERED SEPARATE LOANS.
(C)
EACH LENDER SHALL MAKE EACH LOAN TO BE MADE BY IT HEREUNDER ON THE PROPOSED
DATE THEREOF (I) IN THE CASE OF A EURODOLLAR LOAN, BY WIRE TRANSFER OF
IMMEDIATELY AVAILABLE FUNDS TO THE AGENT IN NEW YORK, NEW YORK, NOT LATER THAN
12:00 NOON, NEW YORK CITY TIME, ON SUCH DATE AND (II) IN THE CASE OF AN ABR LOAN
OR
31
A FIXED RATE LOAN, BY WIRE TRANSFER OF IMMEDIATELY AVAILABLE FUNDS TO THE AGENT
IN NEW YORK, NEW YORK, NOT LATER THAN 3:00 P.M., NEW YORK CITY TIME, ON SUCH
DATE, AND THE AGENT SHALL PROMPTLY CREDIT THE AMOUNTS SO RECEIVED TO THE GENERAL
DEPOSIT ACCOUNT OF THE BORROWER WITH THE AGENT. THE FAILURE OF ANY LENDER TO
MAKE ANY LOAN REQUIRED TO BE MADE BY IT SHALL NOT RELIEVE ANY OTHER LENDER OF
ITS OBLIGATIONS HEREUNDER; PROVIDED THAT THE COMMITMENTS AND COMPETITIVE BIDS OF
THE LENDERS ARE SEVERAL, AND NO LENDER SHALL BE RESPONSIBLE FOR ANY OTHER
LENDER'S FAILURE TO MAKE LOANS AS REQUIRED HEREBY.
UNLESS THE AGENT SHALL HAVE
RECEIVED NOTICE FROM A LENDER PRIOR TO THE DATE OF ANY BORROWING THAT SUCH
LENDER WILL NOT MAKE AVAILABLE TO THE AGENT SUCH LENDER'S PORTION OF SUCH
BORROWING, THE AGENT MAY ASSUME THAT SUCH LENDER HAS MADE SUCH PORTION AVAILABLE
TO THE AGENT ON THE DATE OF SUCH BORROWING IN ACCORDANCE WITH THIS
PARAGRAPH (C), AND THE AGENT MAY, IN RELIANCE UPON SUCH ASSUMPTION, MAKE
AVAILABLE TO THE BORROWER ON SUCH DATE A CORRESPONDING AMOUNT.
IF AND TO THE
EXTENT THAT SUCH LENDER SHALL NOT HAVE MADE SUCH PORTION AVAILABLE TO THE AGENT,
SUCH LENDER AND THE BORROWER SEVERALLY AGREE TO REPAY TO THE AGENT FORTHWITH ON
DEMAND SUCH CORRESPONDING AMOUNT TOGETHER WITH INTEREST THEREON, FOR EACH DAY
FROM THE DATE SUCH AMOUNT IS MADE AVAILABLE TO THE BORROWER UNTIL THE DATE SUCH
AMOUNT IS REPAID TO THE AGENT, AT (I) IN THE CASE OF THE BORROWER, THE INTEREST
RATE APPLICABLE AT