THE LENDERS TO ADMINISTRATIVE AGENT.
(A)
EXCEPT AS PROVIDED IN SECTION 4.9(B), ADMINISTRATIVE AGENT SHALL
GIVE TO EACH LENDER PROMPT NOTICE OF EACH NOTICE OF BORROWING BY TELECOPY OR
FACSIMILE TRANSMISSION.
NO LATER THAN 4:00 P.M. (NEW YORK CITY TIME) ON THE
DATE OF RECEIPT OF EACH NOTICE OF BORROWING
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(OR WITH RESPECT TO EURODOLLAR LOANS, ON THE DATE OF BORROWING SPECIFIED IN THE
NOTICE OF BORROWING) (UNLESS SUCH NOTICE OF BORROWING SPECIFIES THE CLOSING DATE
AS THE DATE OF BORROWING, IN WHICH CASE NO LATER THAN 11:00 A.M. ON THE CLOSING
DATE), EACH LENDER WILL MAKE AVAILABLE FOR THE ACCOUNT OF ITS LENDING OFFICE, TO
ADMINISTRATIVE AGENT AT THE ADDRESS OF ADMINISTRATIVE AGENT, IN IMMEDIATELY
AVAILABLE FUNDS, ITS PRO RATA SHARE OF SUCH BORROWING REQUESTED TO BE MADE.
UNLESS ADMINISTRATIVE AGENT SHALL HAVE BEEN NOTIFIED BY ANY LENDER PRIOR TO THE
DATE OF BORROWING THAT SUCH LENDER DOES NOT INTEND TO MAKE AVAILABLE TO
ADMINISTRATIVE AGENT ITS PORTION OF THE BORROWING TO BE MADE ON SUCH DATE,
ADMINISTRATIVE AGENT MAY ASSUME THAT SUCH LENDER WILL MAKE SUCH AMOUNT AVAILABLE
TO ADMINISTRATIVE AGENT ON THE SETTLEMENT DATE AND ADMINISTRATIVE AGENT, IN
RELIANCE UPON SUCH ASSUMPTION, MAY BUT SHALL NOT BE OBLIGATED TO MAKE AVAILABLE
THE AMOUNT OF THE BORROWING TO BE PROVIDED BY SUCH LENDER.
IF AND TO THE EXTENT
SUCH LENDER SHALL NOT HAVE SO MADE AVAILABLE TO ADMINISTRATIVE AGENT ITS PRO
RATA SHARE ON SUCH DATE AND ADMINISTRATIVE AGENT SHALL HAVE SO MADE AVAILABLE TO
THE BORROWERS A CORRESPONDING AMOUNT ON BEHALF OF SUCH LENDER, ADMINISTRATIVE
AGENT MAY RECOVER SUCH AMOUNT ON DEMAND FROM SUCH LENDER IN ACCORDANCE WITH
SECTION 13.5.
IF SUCH LENDER DOES NOT PAY SUCH CORRESPONDING AMOUNT PROMPTLY
UPON ADMINISTRATIVE AGENT'S DEMAND THEREFOR, ADMINISTRATIVE AGENT MAY PROMPTLY
NOTIFY THE FUNDS ADMINISTRATOR AND THE BORROWERS SHALL IMMEDIATELY REPAY SUCH
CORRESPONDING AMOUNT TO ADMINISTRATIVE AGENT TOGETHER WITH ACCRUED INTEREST
THEREON AT THE APPLICABLE RATE OR RATES PROVIDED IN SECTION 3.1 WITHOUT MAKING
OR BEING RESPONSIBLE FOR ANY PAYMENT UNDER SECTION 3.4.
(B)
SETTLEMENT OF ADVANCES.
UNLESS THE REQUIRED LENDERS HAVE
INSTRUCTED ADMINISTRATIVE AGENT TO THE CONTRARY, ADMINISTRATIVE AGENT ON BEHALF
OF LENDERS MAY, BUT SHALL NOT BE OBLIGATED TO, MAKE BASE RATE LOANS UNDER
SECTION 2.2 WITHOUT PRIOR NOTICE OF THE PROPOSED BORROWING TO THE LENDERS.
LOANS MADE PURSUANT TO THIS SECTION 4.9(B) SHALL BE SUBJECT TO THE FOLLOWING
SETTLEMENT ARRANGEMENTS:
(I)
THE AMOUNT OF EACH LENDER'S PRO RATA SHARE OF SUCH LOANS SHALL BE
COMPUTED WEEKLY (OR MORE FREQUENTLY IN ADMINISTRATIVE AGENT'S DISCRETION) AND
SHALL BE ADJUSTED UPWARD OR DOWNWARD ON THE BASIS OF THE AMOUNT OF OUTSTANDING
LOANS AS OF 5:00 P.M. (NEW YORK CITY TIME) ON THE LAST BUSINESS DAY OF THE
PERIOD SPECIFIED BY ADMINISTRATIVE AGENT (SUCH DATE, THE "SETTLEMENT DATE").
ADMINISTRATIVE AGENT SHALL DELIVER TO EACH OF THE LENDERS PROMPTLY AFTER THE
SETTLEMENT DATE A SUMMARY STATEMENT OF THE AMOUNT OF SUCH OUTSTANDING LOANS FOR
SUCH PERIOD.
THE LENDERS SHALL TRANSFER TO ADMINISTRATIVE AGENT SUCH AMOUNTS AS
ARE NECESSARY SO