Common use of Making of Loans Clause in Contracts

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent shall provide Standard Notice to the Agent setting forth the following information: (a) The date, which shall be a Business Day, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion; (c) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s Loan. Unless any applicable condition specified in Article V hereof has not been satisfied, on the date specified in such Standard Notice, each Lender shall make the proceeds of its Loan available to the Agent, no later than 2:00 p.m., Pittsburgh time, in funds immediately available at the Agent’s Office. The Agent will make the funds so received available to the Borrowers in funds immediately available at the Agent’s Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information: (a) The date, which shall be a Business Day, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Euro-Rate Portion; (c) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Euro-Rate Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Euro-Rate Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V hereof has not been satisfied, on the date specified in such Standard Notice, each Lender shall make the proceeds of its Loan available to the Agent, no later than 2:00 p.m., Pittsburgh time, in funds immediately available at the Agent’s 's Office. The Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s 's Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent (that is, at least one Business Day in advance in the case of the Prime Loans and at least three Business Days in advance in the case of the LIBOR Loans) setting forth the following information:information (a separate notice being required for each such Type of Loans): (a) The date, which shall be a Business Day, on which such proposed Loans are to be madeapplicable Borrowing Date; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 100,000.00 which is not less than $250,000 or such 1,000,000.00, provided, however, that any Prime Rate Advance may be in the amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion; (c) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, of such proposed Loansunused Aggregate Revolving Loan Commitment; and (dc) With respect to each such Funding Segment LIBOR Rate Advance of such proposed Loans, the LIBOR Funding Interest Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereofLIBOR Rate Advance. Standard Notice having been so provided, the Agent shall promptly notify each Lender no later than 1:00 o'clock p.m. (Indianapolis time) on the date so provided, of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Agent at the Agent's Office, no later than 2:00 p.m., Pittsburgh 3:00 o'clock p.m. (Indianapolis time), in funds immediately available at the Agent’s Office's address specified pursuant to Section 15.21. The Promptly after its receipt thereof, the Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s Office's aforesaid address.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information: (a) The date, which shall be a Business Day, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion; (c) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V hereof has not been satisfied, on the date specified in such Standard Notice, each Lender shall make the proceeds of its Loan available to the Agent, no later than 2:00 p.m., Pittsburgh time, in funds immediately available at the Agent’s 's Office. The Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s 's Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information: (a) The date, which shall be a Business Day, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 1,000,000 or such amount plus an integral multiple of $100,000 250,000 in excess thereof for the Funding Segment of the LIBOR Portion; (c) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s Loan. Unless any applicable condition specified in Article V hereof has not been satisfied, on the date specified in such Standard Notice, each Lender shall make the proceeds of its Loan available to the Agent, no later than 2:00 p.m., Pittsburgh time, in funds immediately available at the Agent’s Office. The Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans or Term Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information:information (a separate notice being required for each such type of Loans): (a) Whether the proposed Loans are Revolving Credit Loans or Term Loans; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (cd) of this Section 2.032.05, and which (in the case of proposed Revolving Credit Loans) shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 500,000 not less than $250,000 or such 1,000,000 and which (in the case of proposed Term Loans) shall be in the amount plus an integral multiple of $100,000 set forth in excess thereof for the Funding Segment of the LIBOR PortionSection 2.03(d) hereof; (cd) The interest rate Option or Options selected in accordance with Section 2.04(a2.06(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.06(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Euro-Rate Portion, as the case may be, of such proposed Loans; and (de) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c2.06(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender no later than 12:00 o'clock Noon, Pittsburgh time, of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Agent at the Agent's Office, no later than 2:00 p.m.o'clock P.M., Pittsburgh time, in funds immediately available at the Agent’s such Office. The Promptly after its receipt thereof, the Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s 's Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent (that is, at least one Business Day in advance in the case of the Prime Loans and at least three Business Days in advance in the case of the LIBOR Loans) setting forth the following information:information (a separate notice being required for each such Type of Loans): (a) The date, which shall be a Business Day, on which such proposed Loans are to be madeapplicable Borrowing Date; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 100,000.00 which is not less than $250,000 or such 1,000,000.00, provided, however, that any Prime Rate Advance may be in the amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion; (c) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, of such proposed Loansunused Aggregate Revolving Loan Commitment; and (dc) With respect to each such Funding Segment LIBOR Rate Advance of such proposed Loans, the LIBOR Funding Interest Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereofLIBOR Rate Advance. Standard Notice having been so provided, the Agent shall promptly notify each Lender no later than 12:00 o'clock Noon (Indianapolis time) on the date so provided, of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Agent at the Agent's Office, no later than 2:00 p.m., Pittsburgh 3:00 o'clock p.m. (Indianapolis time), in funds immediately available at the Agent’s Office's address specified pursuant to Section 15.21. The Promptly after its receipt thereof, the Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s Office's aforesaid address.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information: (a) The date, which shall be a Business Day, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (cd) of this Section 2.032.2, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 500,000 not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion3,000,000; (c) The interest rate Option or Options selected in accordance with Section 2.04(a2.3(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.3(e) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, Euro-Rate Portion of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof2.3(d). Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Revolving Credit Loan. Unless any applicable condition specified in Article V hereof IV has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Revolving Credit Loan available to the Agent at the Agent's Office, no later than 2:00 p.m.12:00 o'clock Noon, Pittsburgh time, in funds immediately available at the Agent’s such Office. The Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s 's Office.

Making of Loans. Whenever the a Borrower desires that the Lenders make Revolving Credit LoansLoans or the Swingline Lender make Swingline Advances, the Borrowers’ Agent Company (acting on behalf of the applicable Borrower) shall provide Standard Notice to the Administrative Agent setting forth the following information:information (a separate notice being required for each such type of Loans): (a) Whether the proposed Loans are Revolving Credit Loans or Swingline Advances; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The In the case of proposed Revolving Credit Loans, the aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (ce) of this Section 2.032.07, and and, except as provided in Section 2.06.03, which shall be an at least $5,000,000 and integral multiple multiples of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 1,000,000 in excess thereof for the Funding Segment of the LIBOR Portionthereof; (cd) The In the case of proposed Swingline Advances, the aggregate principal amount of such proposed Swingline Advances, which shall be at least $100,000 and integral multiples of $25,000 in excess thereof; (e) In the case of proposed Revolving Credit Loans, the interest rate Option or Options selected in accordance with Section 2.04(a2.08(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.08(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR CD Rate Portion and the Euro-Rate Portion, as the case may be, of such proposed Loans; and; (df) With In the case of proposed Revolving Credit Loans, with respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c2.08(c) hereof; and (g) the applicable Borrower if a Borrower other than itself. Standard Notice having been so provided, the Administrative Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Loan, calculated in accordance with Section 2.13. Unless any applicable condition specified in Article V IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Administrative Agent at the Administrative Agent's Office, no later than 2:00 p.m.11:00 a.m., Pittsburgh Los Angeles time, in funds immediately available at the Agent’s such Office. The Administrative Agent will make the funds so received available to the Borrowers applicable Borrower in funds immediately available at the Administrative Agent’s 's Office. If and to the extent that the Administrative Agent does not make such funds available to such Borrower on the date specified in such Standard Notice the Administrative Agent shall pay to each Lender interest on the amount made available by such Lender at the Federal Funds Effective Rate for each day until either (i) the date such funds are made available to such Borrower or (ii) the date such amounts are returned to such Lender.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit LoansLoans or Short-Term Advances, the Borrowers’ Agent Borrower shall provide Standard Notice to the Funding Agent setting forth the following information:information (a separate notice being required for each such type of Loans): (a) Whether the proposed Loans are Revolving Credit Loans or Short-Term Advances; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The In the case of proposed Revolving Credit Loans, the aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (ce) of this Section 2.032.06, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 1,000,000 not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion5,000,000; (cd) The In the case of proposed Short Term Advances, the aggregate principal amount of such proposed Short Term Advances, which shall be in any principal amount not exceeding $5,000,000; (e) In the case of proposed Revolving Credit Loans, the interest rate Option or Options selected in accordance with Section 2.04(a2.07(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.07(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR CD Rate Portion and the Euro-Rate Portion, as the case may be, of such proposed Loans; and (df) With In the case of proposed Revolving Credit Loans, with respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c2.07(c) hereof. Standard Notice having been so provided, the Funding Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Loan, calculated in accordance with Section 2.12. Unless any applicable condition specified in Article V IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Funding Agent at the Funding Agent's Office, no later than 2:00 p.m.12:00 o'clock Noon, Pittsburgh time, in funds immediately available at the Agent’s such Office. The Funding Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Funding Agent’s 's Office. If and to the extent that the Funding Agent does not make such funds available to the Borrower on the date specified in such Standard Notice the Funding Agent shall pay to each Lender interest on the amount made available by such Lender at the Federal Funds Effective Rate for each day until either (i) the date such funds are made available to the Borrower or (ii) the date such amounts are returned to such Lender.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit LoansLoans or the Swingline Lender make Swingline Advances, the Borrowers’ Agent Borrower shall provide Standard Notice to the Administrative Agent setting forth the following information:information (a separate notice being required for each such type of Loans): (a) Whether the proposed Loans are Revolving Credit Loans or Swingline Advances; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The In the case of proposed Revolving Credit Loans, the aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (ce) of this Section 2.032.07, and and, except as provided in Section 2.06.03, which shall be an at least $5,000,000 and integral multiple multiples of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 1,000,000 in excess thereof for the Funding Segment of the LIBOR Portionthereof; (cd) The In the case of proposed Swingline Advances, the aggregate principal amount of such proposed Swingline Advances, which shall be at least $100,000 and integral multiples of $25,000 in excess thereof; (e) In the case of proposed Revolving Credit Loans, the interest rate Option or Options selected in accordance with Section 2.04(a2.08(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.08(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR CD Rate Portion and the Euro-Rate Portion, as the case may be, of such proposed Loans; and (df) With In the case of proposed Revolving Credit Loans, with respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c2.08(c) hereof. Standard Notice having been so provided, the Administrative Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Loan, calculated in accordance with Section 2.13. Unless any applicable condition specified in Article V IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Administrative Agent at the Administrative Agent's Office, no later than 2:00 p.m.11:00 a.m., Pittsburgh Los Angeles time, in funds immediately available at the Agent’s such Office. The Administrative Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Administrative Agent’s 's Office. If and to the extent that the Administrative Agent does not make such funds available to the Borrower on the date specified in such Standard Notice the Administrative Agent shall pay to each Lender interest on the amount made available by such Lender at the Federal Funds Effective Rate for each day until either (i) the date such funds are made available to the Borrower or (ii) the date such amounts are returned to such Lender.

Making of Loans. Whenever Except as contemplated by Sections 2.06A and 2.11, Loans shall be either ABR Loans or Eurodollar Loans as the Borrower desires may request subject to and in accordance with this Section, provided that the Lenders make Revolving Credit Loans, the Borrowers’ Agent shall provide Standard Notice all Loans made pursuant to the same -------- Borrowing shall, unless otherwise specifically provided herein, be Loans of the same Type. Each Bank may fulfill its Commitment with respect to any Eurodollar Loan or ABR Loan by causing any lending office of such Bank to make such Loan; provided that any such use of a lending office shall not affect the obligation -------- of the Borrower to repay such Loan in accordance with the terms of this Agreement. Each Bank shall, subject to its overall policy considerations, use reasonable efforts (but shall not be obligated) to select a lending office which will not result in the payment of increased costs by the Borrower pursuant to Section 2.15. Subject to the other provisions of this Section and the provisions of Section 2.12, Borrowings of Loans of more than one Type may be incurred at the same time, provided that no more than five (5) Borrowings of Eurodollar -------- Loans may be outstanding at any time. The Borrower shall give the Agent setting forth prior notice of each Borrowing hereunder of at least three Business Days for Eurodollar Loans and one Business Day for ABR Loans; such notice shall be irrevocable and shall specify the following information: amount of the proposed Borrowing (awhich shall not be less than $5,000,000 (and integral multiples of $5,000,000) The date, in the case of Eurodollar Loans and $5,000,000 (and integral multiples of $5,000,000) in the case of ABR Loans) and the date thereof (which shall be a Business Day) and shall contain disbursement instructions. Such notice, to be effective, must be received by the Agent not later than 1:00 p.m., New York City time, on the third Business Day in the case of Eurodollar Loans and 12:00 noon, New York City time on the first Business Day in the case of ABR Loans, preceding the date on which such proposed Loans are Borrowing is to be made; (b) The aggregate principal amount of such proposed Loans, which shall be made except as provided in the sum of the principal amounts selected pursuant to clause (c) last sentence of this Section 2.032.06(b). Such notice shall specify whether the Borrowing then being requested is to be a Borrowing of ABR Loans or Eurodollar Loans. If no election is made as to the Type of Loan, and which such notice shall be an integral multiple deemed a request for Borrowing of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion; (c) ABR Loans. The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender Bank of the information contained therein and of the amount its proportionate share of such Lender’s LoanBorrowing, the date of such Borrowing, the Type of Borrowing or Loans being requested and the Interest Period or Interest Periods applicable thereto, as appropriate. Unless any applicable condition specified in Article V hereof has not been satisfied, on On the borrowing date specified in such Standard Noticenotice, each Lender Bank shall make its share of the proceeds Borrowing available at the office of its Loan available to the AgentAgent at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, no later than 2:00 p.m.12:00 noon, Pittsburgh New York City time, in funds immediately available at funds. Upon receipt of the Agent’s Office. The funds made available by the Banks to fund any borrowing hereunder, the Agent will shall disburse such funds in the manner specified in the notice of borrowing delivered by the Borrower and shall use reasonable efforts to make the funds so received from the Banks available to the Borrowers Borrower no later than 1:00 p.m. New York City time (other than as provided in funds immediately the following sentence). Notwithstanding the first sentence of this subsection (b), the Borrower shall be permitted to request same day borrowings of ABR Loans and the Banks shall make such Borrowings available at to the Agent’s OfficeBorrower by 4:00 p.m., New York City time, on the same Business Day that the Borrower gives notice to the Agent of such Borrowing by 10:30 a.m., New York City time.

Making of Loans. Whenever Subject to Section 3.09 hereof as to Swingline Loans, whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information:information (a separate notice being required for each such type of Loans): (a) The date, which shall be a Business Day, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.032.02, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion1,000,000; (c) The interest rate Option or Options selected in accordance with Section 2.04(a2.03(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.03(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, Euro-Rate Portion of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c2.03(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Agent at the Agent's Office, no later than 2:00 p.m.12:00 o'clock Noon, Pittsburgh time, in funds immediately available at the Agent’s such Office. The Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s 's Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information:information (a separate notice being required for each such type of Loans): (a) Whether the proposed Loans are Tranche 1 Loans, Tranche 2 Loans or Swingline Loans; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (cd) of this Section 2.032.05, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 500,000 not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion1,000,000; (cd) The interest rate Option or Options selected in accordance with Section 2.04(a2.06(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.06(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Euro-Rate Portion, as the case may be, of such proposed Loans; and (de) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c2.06(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender no later than 12:00 o'clock Noon, Pittsburgh time, of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V ARTICLE IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Agent at the Agent's Office, no later than 2:00 p.m.o'clock P.M., Pittsburgh time, in funds immediately available at the Agent’s such Office. The Promptly after its receipt thereof, the Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s 's Office.

Making of Loans. Whenever the Borrower desires that the Lenders --------------- make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information: (a) That the proposed Loans are Revolving Credit Loans; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (cd) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion2.3; (cd) The interest rate Option or Options selected in accordance with Section 2.04(a2.4(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.4(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Euro-Rate Portion, as the case may be, of such proposed Loans; and (de) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c2.4(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s ▇▇▇▇▇▇'s Loan. Unless any applicable condition specified in Article V hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Agent at the Agent's Office, no later than 2:00 1:00 p.m., Pittsburgh time, in funds immediately available at the Agent’s such Office. The Agent will promptly make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s 's Office.

Making of Loans. Whenever the a Borrower desires that the Lenders Banks make Revolving Credit Loans, the Borrowers’ Agent XL Capital shall provide Standard Notice to the Administrative Agent setting forth the following information:information (a separate notice being required for each such type of Loans): (a) Whether the proposed Loans are to be made to XL Insurance, to XL Capital or to XL Mid Ocean; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (cd) of this Section 2.032.06, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 1,000,000.00 not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion10,000,000.00; (cd) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Alternate Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, Euro-Rate Portion of such proposed Loans; and (de) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof. Standard Notice having been so provided, the Administrative Agent shall promptly notify each Lender Bank of the information contained therein and of the amount of such Lender’s Bank's Loan. Unless any applicable condition specified in Article V IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender Bank shall make the proceeds of its Loan available to the Administrative Agent at the Administrative Agent's Office, no later than 2:00 p.m.12:00 o'clock Noon, Pittsburgh time, in funds immediately available at the Agent’s such Office. The Administrative Agent will make the funds so received available to the Borrowers applicable Borrower in funds immediately available at the Administrative Agent’s 's Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans(i) Promptly after receipt of a Notice of Borrowing under Section 2.01(b) (or telephonic notice in lieu thereof), the Borrowers’ Agent Agent, at its option and in its sole discretion, shall provide Standard Notice to do either of the Agent setting forth the following informationfollowing: (aA) The dateAgent shall notify each Lender by telecopy, which or other similar form of transmission, of the proposed Borrowing. Subject to the fulfillment of the conditions precedent set forth in Section 6.01 or Section 6.02, as applicable, each Lender shall be a Business Day, on which such proposed Loans are deposit an amount equal to its Pro Rata Share of the amount requested by Distribution to be made; made as Loans with the Agent at its office in New York, New York, in immediately available funds, (bA) The aggregate principal amount on the Effective Date with respect to the Borrowing of Loans on such date specified in the initial Notice of Borrowing and (B) not later than 1:00 p.m. (New York time) on any other Funding Date for Loans and the Agent shall make the proceeds of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject received by it available to the Base Rate Borrowers at the Agent's office in New York, New York on such Funding Date (or on the date received if later than such Funding Date) and not less than $250,000 or shall disburse such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion; (c) The interest rate Option or Options selected proceeds in accordance with the disbursement instructions set forth in the applicable Notice of Borrowing. The failure of any Lender to deposit the amount described above with the Agent on the applicable Funding Date shall not relieve any other Lender of its obligations hereunder to make its Loan on such Funding Date. In the event the conditions precedent set forth in Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof 6.01 or 6.02, as applicable, are not fulfilled as of the Base Rate Portion and each ------------ ---- proposed Funding Segment of the LIBOR Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof. Standard Notice having been so providedDate for any Borrowing, the Agent shall promptly notify return, by wire transfer of immediately available funds, the amount deposited by each Lender to such Lender. or (B) Subject to the fulfillment of the information contained therein and conditions precedent set forth in Section 6.01 or Section 6.02, as applicable, the Agent shall, provided that the requested Borrowing is of an amount which is less than the amount of Citicorp's unused Commitment (after taking into account all other then outstanding Agent Advances) as of the Funding Date for such Borrowing, advance the amount of the proposed Borrowing (an "Agent Advance") to the Borrowers out of the Agent's own funds. The Lenders, upon notice (in the form provided for in clause (A) above) from the Agent as to the amount required to do so, shall remit to the Agent on a weekly or more frequent basis that amount which is necessary to conform each Lender’s Loan's Loans outstanding at such time to its Pro Rata Share thereof. Unless any applicable condition specified in Article V hereof has not been satisfied, on the date specified in such Standard Notice, each Each Lender shall make available the amount required from it as aforesaid to the Agent in Dollars and in immediately available funds not later than 1:00 p.m. (New York time) on the day such notice is given by the Agent. In the event of the making of any such Agent Advance, each Lender's share of the interest allocable thereto shall be adjusted as necessary to account for the period of time the same is outstanding from the Agent. Any payment by a Lender to the Agent pursuant to this clause (B) shall constitute a Loan to the Borrowers and an assignment by Citicorp of a portion of its Loans to such Lender equal to the amount of the payment received by the Agent from such Lender. (ii) In connection with the funding of Loans pursuant to Section 2.01(c)(i)(A), unless the Agent shall have been notified by any Lender on the Business Day immediately preceding the applicable Funding Date in respect of any Borrowing of Loans that such Lender does not intend to fund its Loan requested to be made on such Funding Date, the Agent may assume that such Lender has funded its Loan and is depositing the proceeds thereof with the Agent on the Funding Date therefor, and the Agent in its sole discretion may, but shall not be obligated to, disburse a corresponding amount to the Borrowers on the applicable Funding Date. If the Loan proceeds corresponding to that amount are advanced to the Borrowers by the Agent but are not in fact deposited with the Agent by such Lender on or prior to the applicable Funding Date or a Lender's Pro Rata Share of its Loan available an Agent Advance is not remitted to the Agent as and when required pursuant to Section 2.01(c)(i)(B), the Lender not making such deposit or remitting such amount agrees to pay, and in addition the Borrowers 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 disbursed to or for the benefit of the Borrowers until the date such amount is paid or repaid to the Agent, no later than 2:00 p.m.(A) in the case of the Borrowers, Pittsburgh time, in funds immediately available at the Agent’s Officeinterest rate applicable to such Borrowing and (B) in the case of such Lender, at the Federal Funds Rate for the first three (3) Business Days, and thereafter at the interest rate applicable to such Borrowing. The If such Lender shall pay to the Agent will make the funds corresponding amount, the amount so received available paid shall constitute such Lender's Loan, and if both such Lender and the Borrowers shall pay and repay such corresponding amount, the Agent shall promptly pay to the Borrowers in funds immediately available at the Agent’s Officesuch corresponding amount. This Section 2.01(c)(ii) does not relieve any Lender of its obligation to make its Loan on any applicable Funding Date as and when required under Section 2.01(c)(i)(A) or to remit its Pro Rata Share of any Agent Advance as and when required under Section 2.01(c)(i)(B).

Making of Loans. Whenever the any Borrower desires that the Lenders Banks make Revolving Credit Loans, the Borrowers’ Agent such Borrower shall provide Standard Notice to the Administrative Agent setting forth the following information: (a) The name of the Borrower to whom such proposed Loans are to be made; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The currency, which shall be Dollars, Pounds or Euros, in which such Loans are to be made; (d) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (ce) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion;2A.2; and (ce) The interest rate Option or Options selected in accordance with Section 2.04(a2A.3(a) hereof and the principal amounts amount selected in accordance with Section 2.04(d2A.3(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, Euro-Rate Portion of such proposed Loans; and Loans and (df) With with respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, Segment selected in accordance with Section 2.04(c2A.3(c) hereof. Standard Notice having been so provided, the The Administrative Agent shall promptly notify give notice to each Lender Bank of the information contained therein in such notice and of the amount of such Lender’s Bank's Loan. Unless any applicable condition specified in Article V IV hereof has not been satisfied, satisfied on the proposed borrowing date specified in such Standard Notice, each Lender Bank shall make the proceeds of its Loan available to the Agent, no later than 2:00 p.m., Pittsburgh time, in funds immediately available at the Agent’s Office. The Administrative Agent will make the funds so received available to the Borrowers in funds immediately available at the Agent’s Office.(a) with respect to

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information:information (a separate notice being required for each such type of Loans): (a) The date, which shall be a Business Day, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.032.05, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 1,000,000 not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion5,000,000; (c) The interest rate Option or Options selected in accordance with Section 2.04(a2.06(a) hereof and the principal amounts selected in accordance with Section 2.04(d2.06(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR CD Rate Portion and the Euro-Rate Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c2.06(c) hereof. Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V IV hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Agent at the Agent's Office, no later than 2:00 p.m.12:00 o'clock Noon, Pittsburgh time, in funds immediately available at the Agent’s Office. The Agent will make the funds so received available to the Borrowers in funds immediately available at the Agent’s such Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent Borrower shall provide Standard Notice to the Agent setting forth the following information: (a) The date, which shall be a Business Day, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which which, in the case of proposed Revolving Credit Loans, shall be an integral multiple of $100,000 for Loans subject to the Base Rate and 500,000 not less than $250,000 or 500,000; provided, that such amount plus requirement with respect to an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portionshall not apply to Revolving Credit Loans made pursuant to Section 3.01(d)(i); (c) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Euro-Rate Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof). Standard Notice having been so provided, the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s 's Loan. Unless any applicable condition specified in Article V hereof has not been satisfied, on the date specified in such Standard Notice, Notice each Lender shall make the proceeds of its Loan available to the Agent at the Agent's Office, no later than 2:00 p.m.11:00 a.m., Pittsburgh time, in funds immediately available at the Agent’s such Office. The Agent will make the funds so received available to the Borrowers Borrower in funds immediately available at the Agent’s 's Office.

Making of Loans. Whenever the Borrower desires that the Lenders make Revolving Credit Loans, the Borrowers’ Agent shall provide Standard Notice to the Agent setting forth the following information: (a) Except as contemplated by Section 2.11, Loans shall be either ABR Loans or Eurodollar Loans as the Borrower may request subject to and in accordance with this Section, PROVIDED that all Loans made pursuant to the same Borrowing shall, unless otherwise specifically provided herein, be Loans of the same Type. Each Bank may fulfill its Commitment with respect to any Eurodollar Loan or ABR Loan by causing any lending office of such Bank to make such Loan; PROVIDED that any such use of a lending office shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement. Each Bank shall, subject to its overall policy considerations, use reasonable efforts (but shall not be obligated) to select a lending office which will not result in the payment of increased costs by the Borrower pursuant to Section 2.15. Subject to the other provisions of this Section and the provisions of Section 2.12, Borrowings of Loans of more than one Type may be incurred at the same time, provided that no more than ten (10) Borrowings of Eurodollar Loans may be outstanding at any time. (b) The date, Borrower shall give the Agent prior notice of each Borrowing hereunder of at least three Business Days for Eurodollar Loans and one Business Day for ABR Loans; such notice shall be irrevocable and shall specify the amount of the proposed Borrowing (which shall not be less than $5,000,000 (and integral multiples of $1,000,000) in the case of Eurodollar Loans and $500,000 (and integral multiples of $100,000) in the case of ABR Loans) and the date thereof (which shall be a Business Day) and shall contain disbursement instructions. Such notice, on which such proposed Loans are to be made; (b) The aggregate principal amount of such proposed Loanseffective, which shall must be the sum of the principal amounts selected pursuant to clause (c) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion; (c) The interest rate Option or Options selected in accordance with Section 2.04(a) hereof and the principal amounts selected in accordance with Section 2.04(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, of such proposed Loans; and (d) With respect to each such Funding Segment of such proposed Loans, the LIBOR Funding Period to apply to such Funding Segment, selected in accordance with Section 2.04(c) hereof. Standard Notice having been so provided, received by the Agent shall promptly notify each Lender of the information contained therein and of the amount of such Lender’s Loan. Unless any applicable condition specified in Article V hereof has not been satisfiedlater than 1:00 p.m., New York City time, on the date specified in such Standard Notice, each Lender shall make the proceeds of its Loan available to the Agent, no later than 2:00 p.m., Pittsburgh time, in funds immediately available at the Agent’s Office. The Agent will make the funds so received available to the Borrowers in funds immediately available at the Agent’s Office.third Business

Making of Loans. Whenever the any Borrower desires that the Lenders Banks make Revolving Credit Loans, the Borrowers’ Agent such Borrower shall provide Standard Notice to the Administrative Agent setting forth the following information: (a) The name of the Borrower to whom such proposed Loans are to be made; (b) The date, which shall be a Business Day, on which such proposed Loans are to be made; (bc) The currency, which shall be Dollars, Pounds or Euros, in which such Loans are to be made; (d) The aggregate principal amount of such proposed Loans, which shall be the sum of the principal amounts selected pursuant to clause (ce) of this Section 2.03, and which shall be an integral multiple of $100,000 for Loans subject to the Base Rate and not less than $250,000 or such amount plus an integral multiple of $100,000 in excess thereof for the Funding Segment of the LIBOR Portion3.02; (ce) The interest rate Option or Options selected in accordance with Section 2.04(a3.03(a) hereof and the principal amounts amount selected in accordance with Section 2.04(d3.03(d) hereof of the Base Rate Portion and each Funding Segment of the LIBOR Portion, as the case may be, Euro-Rate Portion of such proposed Loans; and (df) With with respect to each such Funding Segment of such proposed Loans, the LIBOR Euro-Rate Funding Period to apply to such Funding Segment, Segment selected in accordance with Section 2.04(c3.03(c) hereof. Standard Notice having been so provided, the The Administrative Agent shall promptly notify give notice to each Lender Bank of the information contained therein in such notice and of the amount of such Lender’s Bank's Loan. Unless any applicable condition specified in Article V hereof has not been satisfied, satisfied on the proposed borrowing date specified in such Standard Notice, each Lender Bank shall make the proceeds of its Loan available to the Administrative Agent (a) with respect to Dollars, at the Administrative Agent's Domestic Office, no later than 2:00 p.m.12:00 o'clock Noon, Pittsburgh time, and (b) with respect to Pounds or Euros, at the Administrative Agent's London Office, no later than 12:00 o'clock Noon, London time, on the date specified in such notice, in funds immediately available at the Agent’s Officesuch office. The Administrative Agent will make the funds so received available to the Borrowers such Borrower in funds immediately available at the Administrative Agent’s 's Domestic Office or at the Administrative Agent's London Office, as the case may be.