Common use of Manner of Borrowing and Disbursement Clause in Contracts

Manner of Borrowing and Disbursement. (a) Choice of Interest Rate, Etc. Any Advance (i) under the Revolving ---------------------------- Commitment (except with respect to Advances in reimbursement of amounts advanced to beneficiaries under Letters of Credit, which Advances shall in all cases be Base Rate Advances initially) shall, at the option of the Borrower, be made as a Base Rate Advance or a Eurodollar Advance, (ii) under the Term A Commitment shall, at the option of the Borrower, be made as a Base Rate Advance or a Eurodollar Advance, and (iii) under the Term B Commitment shall, at the option of the Borrower, be made as a Base Rate Advance or a Eurodollar Advance; provided, however, that (i) if the Borrower fails to give the Administrative -------- ------- Agent written notice specifying whether a Eurodollar Advance is to be repaid, continued or converted on a Payment Date, such Eurodollar Advance shall be converted to a Base Rate Advance on such Payment Date, and (ii) the Borrower may not select a Eurodollar Advance if, at the time of such selection, a Default or Event of Default has occurred and is continuing. All Advances of the Loans made on the Agreement Date shall bear interest as Base Rate Advances. Any notice given to the Administrative Agent in connection with a requested Advance hereunder shall be given to the Administrative Agent prior to 11:00 a.m. (New York time) in order for such Business Day to count toward the minimum number of Business Days required.

Manner of Borrowing and Disbursement. (a) Choice of Interest RateCHOICE OF INTEREST RATE, EtcETC. Any Advance (i) under the Revolving ---------------------------- Loan Commitment (except with respect to Advances in reimbursement (A) the initial Advance of amounts advanced to beneficiaries under Letters of Creditthe Revolving Loans on the Agreement Date, which Advances Advance shall in all cases be made as a Base Rate Advances initiallyAdvance initially and (B) Swing Loans) shall, at the option of the Borrower, be made as a Base Rate Advance or a Eurodollar Advance, (ii) under the Term A Commitment shall, at the option of the BorrowerBorrowers, be made as a Base Rate Advance or a Eurodollar Advance, and (iiiii) under the Term B Loan Commitment (except with respect to the initial Advance of the Term B Loans on the Agreement Date, which Advance shall be made as a Base Rate Advance initially), shall, at the option of the BorrowerBorrowers, be made as a Base Rate Advance or a Eurodollar Advance; providedPROVIDED, howeverHOWEVER, that (iA) if the Borrower fails Borrowers fail to give the Administrative -------- ------- Agent written telephonic notice specifying whether a Eurodollar Advance is to be repaid, continued or converted on a Payment Date, such Eurodollar Advance shall be converted to a Base Rate Advance on such Payment Date, and (iiB) the Borrower Borrowers may not select a Eurodollar Advance if, at the time of such selection, a Default or Event of Default has occurred and is continuing. All Eurodollar Advances of the Loans made on the Agreement Date shall bear interest as Base Rate Advancesin all cases be subject to Article 11 hereof. Any notice given to the Administrative Agent in connection with a requested Advance hereunder shall be given to the Administrative Agent prior to 11:00 a.m. (New York time) in order for such Business Day to count toward the minimum number of Business Days required. (b) BASE RATE ADVANCES.

Manner of Borrowing and Disbursement. (a) Choice of Interest Rate, Etc. Any Advance (i) under the Revolving ---------------------------- Commitment (except with respect to Swing Loans and Advances in reimbursement of amounts advanced to beneficiaries under Letters of Credit, which Advances shall in all cases be Base Rate Advances initially) shall, at the option of the Borrower, be made as a Base Rate Advance or a Eurodollar Advance, (ii) under the Term Tranche A Commitment shall, at the option of the Borrower, be made as a Base Rate Advance or a Eurodollar Advance, and (iii) under the Term Tranche B Commitment shall, at the option of the Borrower, be made as a Base Rate Advance or a Eurodollar Advance; provided, however, that (iA) if the Borrower fails to give the Administrative -------- ------- Agent written notice specifying whether a Eurodollar Advance is to be repaid, continued or converted on a Payment Date, such Eurodollar Advance shall be converted to a Base Rate Advance on such Payment Date, and (iiB) the Borrower may not select a Eurodollar Advance if, at the time of such selection, a Default or Event of Default has occurred and is continuing. All Advances of the Loans made on the Agreement Date shall bear interest as Base Rate Advances. Any notice given to the Administrative Agent in connection with a requested Advance hereunder shall be given to the Administrative Agent prior to 11:00 10:00 a.m. (New York time) in order for such Business Day to count toward the minimum number of Business Days required.