Application for Advance. Borrower shall deliver to Agent a Notice of Borrowing not later than 10:00 A.M. (Pacific Standard Time or Pacific Daylight Time, as applicable) at least one (1) Business Day prior to the date such Advance is to be made, in the case of a Base Rate Advance, and at least three (3) LIBOR Business Days prior to the date such Advance is to be made, in the case of a LIBOR Advance. Prior to delivering a Notice of Borrowing, Borrower may (without specifying whether the Advance shall be a Base Rate Advance or a LIBOR Advance) request that Agent provide Borrower with the most recent LIBOR Rate available to Agent. Agent shall endeavor to provide such quoted rate to Borrower and to Lenders on the date of such request.
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Sources: Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)
Application for Advance. Borrower shall deliver to Agent a Notice of Borrowing not later than 10:00 A.M. (Pacific Standard Time or Pacific Daylight Time, as applicable) at least one (1) Business Day prior to the date such Advance is to be made, in the case of a Base Rate Advance, and at least three (3) LIBOR Business Days prior to the date such Advance is to be made, in the case of a LIBOR Advance. Prior to delivering a Notice of Borrowing, Borrower 19 may (without specifying whether the Advance shall be a Base Rate Advance or a LIBOR Advance) request that Agent provide Borrower with the most recent LIBOR Rate available to Agent. Agent shall endeavor to provide such quoted rate to Borrower and to Lenders on the date of such request.
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