Common use of Notification by Borrower Clause in Contracts

Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, at least four (4) Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the LIBOR Rate. After the Term Loan has initially been made on the Closing Date, the provisions of §2.7 shall apply mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Term Loan as it would be entitled to with respect to the Revolving Loans.

Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, at least four three (43) LIBOR Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the LIBOR Rate. After the Term Loan has initially been made on the Closing Datemade, the provisions of §Section 2.7 shall apply mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Term Loan as it would be entitled to with respect to the Revolving Credit Loans.

Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, at least four three (43) LIBOR Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the LIBOR Rate. After the Term Loan has initially been made on the Closing Datemade, the provisions of §Section 2.7 shall apply mutatis mutandis with respect to all or any portion of the Term Loan so that the Borrower may have the same interest rate options with respect to all or any portion of the Term Loan as it would be entitled to with respect to the Revolving Credit Loans.

Notification by Borrower. The Borrower shall notify the Administrative Agent, such notice to be irrevocable, at least four three (43) LIBOR Business Days prior to the Drawdown Date of the Term Loan if all or any portion of the Term Loan is to bear interest at the LIBOR Rate. After the Term Loan has initially been made on the Closing Datemade, the provisions of §2.7 (S)2.3 shall apply mutatis ------- mutandis with respect to all or any portion of the Term Loan so that the -------- Borrower may have the same interest rate options with respect to all or any portion of the Term Loan as it would be entitled to with respect to the Revolving Credit Loans.