Common use of Competitive Bid Quote Request Clause in Contracts

Competitive Bid Quote Request. When the Company wishes to request offers to make Competitive Bid Loans under this 2.5, it shall transmit to the Agent by telephone, telex, cable or facsimile (in each case confirmed in writing by the Company) a Competitive Bid Quote Request substantially in the form of Exhibit B-2 hereto (a "Competitive Bid Quote Request") so as to be received no later than 11:00 a.m. (Boston time) on the first Business Day prior to the requested Drawdown Date, specifying (i) the requested Drawdown Date (which must be a Business Day) and the amount of such Competitive Bid Loan (which must be a minimum of $5,000,000 or any greater integral multiple of $1,000,000 and may not exceed the lesser of (A) the Total Commitment and (B) the Maximum Availability in effect from time to time during the Interest Period of such Competitive Bid Loan), and (ii) the Interest Period of such Competitive Bid Loan, subject to the provisions of the definition of Interest Period, and be accompanied by a Competitive Bid fee of $750 payable to the Agent with respect to each Competitive Bid Quote Request. The Company may request offers to make Competitive Bid Loans for no more than one (1) amount and three (3) Interest Periods in a single Competitive Bid Quote Request. No new Competitive Bid Quote Request shall be given until the Company has notified the Agent of its acceptance or non-acceptance of the Competitive Bid Quotes relating to any outstanding Competitive Bid Quote Request.

Competitive Bid Quote Request. When the Company Borrower wishes to request offers to make Competitive Bid Loans under this 2.5§2.3, it shall transmit to the Administrative Agent by telephone, telex, cable or facsimile (in each case confirmed in writing by the Company) a Competitive Bid Quote Request substantially in the form of Exhibit B-2 B attached hereto (a "“Competitive Bid Quote Request"”) so as to be received received, in the case of a request for a Eurocurrency Rate Competitive Bid Loan, no later than 11:00 a.m. 1:00 p.m. (Boston New York time) on the first fourth Business Day prior to the requested Drawdown Date and, in the case of a request for an Absolute Rate Competitive Bid Loan, no later than 1:00 p.m. (New York time) on the second Business Day prior to the requested Drawdown Date, specifying (i) the requested Drawdown Date (which must be a Business Day), (ii) and the principal amount of such Competitive Bid Loan (which must be a minimum of $5,000,000 10,000,000 or any greater integral multiple of $1,000,000 5,000,000 and may not exceed the lesser of (A) the Total Commitment and (B) the Maximum Availability in effect from time to time during Competitive Bid Sublimit), (iii) the Interest Period Type of such Competitive Bid Loan), Loan and (iiiv) the Interest Period of such Competitive Bid Loan, subject to the provisions of the definition of Interest Period, and be accompanied by a . A Competitive Bid fee of $750 shall be payable by the Borrower to the Administrative Agent with respect to each Competitive Bid Quote RequestRequest on the last day of the calendar quarter in which such Competitive Bid Quote Request was made. The Company Borrower may request offers to make Competitive Bid Loans for no more than one (1) amount and Type and three (3) Interest Periods in a single Competitive Bid Quote Request. No new Competitive Bid Quote Request shall be given until the Company Borrower has notified the Administrative Agent of its acceptance or non-acceptance of the Competitive Bid Quotes relating to any outstanding Competitive Bid Quote Request.

Competitive Bid Quote Request. When the Company Borrower wishes to request offers to make Competitive Bid Loans under this 2.5Section 2.3, it shall transmit to the Agent by telephone, telex, cable telex or facsimile (in each case confirmed in writing by the Company) a Competitive Bid Quote Request substantially in the form of Exhibit B-2 EXHIBIT B attached hereto (a "Competitive Bid Quote RequestCOMPETITIVE BID QUOTE REQUEST") so as to be received no later than 11:00 a.m. 1:00 p.m. (Boston time) on the first second Business Day prior to the requested Drawdown Date, specifying (i) the requested Drawdown Date (which must be a Business Day), (ii) and the principal amount of such Competitive Bid Loan (which must be a minimum of $5,000,000 2,000,000 or any greater integral multiple of $1,000,000 and may not exceed the lesser of (A) the Total Commitment and (B) the Maximum Availability in effect from time to time during the Interest Period of such Competitive Bid LoanSublimit), and (iiiii) the Interest Period of such Competitive Bid Loan, subject to the provisions of the definition of Interest Period, and be accompanied by a . A Competitive Bid fee of $750 shall be payable by the Borrower to the Agent with respect to each Competitive Bid Quote RequestRequest on the last day of the calendar quarter in which such Competitive Bid Quote Request was made. The Company Borrower may request offers to make Competitive Bid Loans for no more than one (1) amount and three (3) Interest Periods in a single Competitive Bid Quote Request. No new Competitive Bid Quote Request shall be given until the Company Borrower has notified the Agent of its acceptance or non-acceptance of the Competitive Bid Quotes relating to any outstanding Competitive Bid Quote Request.