Common use of Procedure of Advances Clause in Contracts

Procedure of Advances. (a) Each Borrower’s Requisition shall be submitted to Administrative Agent at least ten (10) Business Days prior to the date of the requested Future Advance (the “Requested Advance Date”). The Lenders shall make the requested Future Advance on the Requested Advance Date so long as all conditions to such Future Advance are satisfied or waived; provided that Borrower may revoke such Borrower’s Requisition at any time prior to the Requested Advance Date upon prior notice to Administrative Agent (subject to payment of any Breakage Costs and any out-of-pocket costs or expenses incurred by Administrative Agent or Lenders in connection with such revocation). (b) In no event shall the Lenders be required to advance Future Advance funds in an amount less than the Minimum Advance Amount (except in respect of any final Future Advance).

Procedure of Advances. (a) Each Borrower’s Requisition shall be submitted to Administrative Agent at least ten (10) Business Days prior to the date of the requested Future Advance (the “Requested Advance Date”). The Lenders PBB shall make the requested Future Advance on the Requested Advance Date so long as all conditions to such Future Advance are satisfied or waived; provided that Borrower may revoke such Borrower’s Requisition at any time prior to the Requested Advance Date upon prior notice to Administrative Agent (subject to payment of any Breakage Costs and any out-of-of- pocket costs or expenses incurred by Administrative Agent or Lenders in connection with such revocation). . (b) In no event shall the Lenders PBB be required to advance Future Advance funds in an amount less than the Minimum Advance Amount (except in respect of any final Future Advance).. -66-