Common use of Notices by Borrower Clause in Contracts

Notices by Borrower. or PR Borrower to Administrative Agent of terminations or reductions of the Commitments, of borrowings, Conversions, Continuations and optional prepayments of Loans and of Classes of Loans, of Types of Loans and of the duration of Interest Periods shall be irrevocable and shall be effective only if received by Administrative Agent by telephone not later than 11:00 a.

Appears in 2 contracts

Sources: Credit Agreement (Centennial Cellular Corp), Reaffirmation Agreement (Centennial Communications Corp /De)