PRIOR TO THE REQUESTED DATE OF ANY BORROWING OF LIBO
RATE LOANS, AND (II) ONE (1) BUSINESS DAY PRIOR TO THE REQUESTED DATE OF ANY
BORROWING OF PRIME RATE LOANS.
EACH TELEPHONIC NOTICE BY THE LEAD BORROWER
PURSUANT TO THIS SECTION 2.02(B) MUST BE CONFIRMED PROMPTLY BY DELIVERY TO THE
ADMINISTRATIVE AGENT OF A WRITTEN COMMITTED LOAN NOTICE, APPROPRIATELY COMPLETED
AND SIGNED BY A RESPONSIBLE OFFICER OF THE LEAD BORROWER.
EACH BORROWING OF
LIBO RATE LOANS SHALL BE IN A PRINCIPAL AMOUNT OF $5,000,000.00 OR A WHOLE
MULTIPLE OF $1,000,000.00 IN EXCESS THEREOF.
EXCEPT AS PROVIDED IN SECTIONS
2.03(C) AND 2.04(C), EACH BORROWING OF PRIME RATE LOANS SHALL BE IN A PRINCIPAL
AMOUNT OF NOT LESS THAN $100,000.00.
EACH COMMITTED LOAN NOTICE (WHETHER
TELEPHONIC OR WRITTEN) SHALL SPECIFY (I) THE REQUESTED DATE OF THE BORROWING
(WHICH SHALL BE A BUSINESS DAY), (II) THE PRINCIPAL AMOUNT OF COMMITTED LOANS TO
BE BORROWED, (III) THE TYPE OF COMMITTED LOANS TO BE BORROWED, AND (IV) IF
APPLICABLE, THE DURATION OF THE INTEREST PERIOD WITH RESPECT THERETO.
IF THE
LEAD BORROWER FAILS TO SPECIFY A TYPE OF COMMITTED LOAN IN A COMMITTED LOAN
NOTICE, THEN THE APPLICABLE COMMITTED LOANS SHALL BE MADE AS PRIME RATE LOANS.
IF THE LEAD BORROWER REQUESTS A BORROWING OF LIBO RATE LOANS IN ANY SUCH
COMMITTED LOAN NOTICE, BUT FAILS TO SPECIFY AN INTEREST PERIOD, IT WILL BE
DEEMED TO HAVE SPECIFIED AN INTEREST PERIOD OF ONE MONTH.
FOLLOWING RECEIPT OF
A COMMITTED LOAN NOTICE, THE ADMINISTRATIVE AGENT SHALL PROMPTLY NOTIFY EACH
LENDER OF THE AMOUNT OF ITS APPLICABLE PERCENTAGE OF THE APPLICABLE COMMITTED
LOANS, AND EACH LENDER SHALL MAKE THE AMOUNT OF ITS COMMITTED LOAN AVAILABLE TO
THE ADMINISTRATIVE AGENT IN IMMEDIATELY AVAILABLE FUNDS AT THE ADMINISTRATIVE
AGENT'S OFFICE NOT LATER THAN 1:00 P.M. ON THE BUSINESS DAY SPECIFIED IN THE
APPLICABLE COMMITTED LOAN NOTICE.
UPON SATISFACTION OF THE APPLICABLE
CONDITIONS SET FORTH IN SECTION 4.02 (AND, IF SUCH BORROWING IS THE INITIAL
CREDIT EXTENSION, SECTION 4.01), THE ADMINISTRATIVE AGENT SHALL USE REASONABLE
EFFORTS TO MAKE ALL FUNDS SO RECEIVED AVAILABLE TO THE BORROWERS IN LIKE FUNDS
BY NO LATER THAN 4:00 P.M. ON THE DAY OF RECEIPT BY THE ADMINISTRATIVE AGENT
EITHER BY (I) CREDITING THE ACCOUNT OF THE LEAD BORROWER ON THE BOOKS OF BANK OF
AMERICA WITH THE AMOUNT OF SUCH FUNDS OR (II) WIRE TRANSFER OF SUCH FUNDS, IN
EACH CASE IN ACCORDANCE WITH INSTRUCTIONS PROVIDED TO (AND REASONABLY ACCEPTABLE
TO) THE ADMINISTRATIVE AGENT BY THE LEAD BORROWER; PROVIDED, HOWEVER, THAT IF,
ON THE DATE THE COMMITTED LOAN NOTICE WITH RESPECT TO SUCH BORROWING IS GIVEN BY
THE LEAD BORROWER, THERE ARE L/C BORROWINGS OUTSTANDING, THEN THE PROCEEDS OF
SUCH BORROWING, FIRST, SHALL BE APPLIED TO THE PAYMENT IN FULL OF ANY SUCH L/C
BORROWINGS, AND SECOND, SHALL BE MADE AVAILABLE TO THE BORROWERS AS PROVIDED
ABOVE.
(C)
EACH CONVERSION OF COMMITTED LOANS FROM ONE
TYPE TO THE OTHER AND EACH CONTINUATION OF LIBO RATE LOANS SHALL BE MADE UPON
THE LEAD BORROWER'S