Common use of Requests for Advances Clause in Contracts

Requests for Advances. To request an Advance of Loans, the Borrower shall deliver an Advance Request to GM no later than 11:00 a.m., New York City time, on the date that is three (3) Business Days before the date of the proposed Advance; provided, that in any event, the Borrower shall deliver an Advance Request to GM no later than 11:00 a.m., New York City time, on the date that is five (5) Business Days before the date of the initial proposed Advance hereunder. Such Advance Request shall be in a form reasonably acceptable to GM, signed by the Borrower and delivered in accordance with the notice provisions set forth in Section 8.01; provided, that, notwithstanding anything in Section 8.01 to the contrary, Advance Requests may be delivered in .pdf or similar format by electronic mail; provided, further, that there shall be no more than one (1) Advance in one (1) calendar week. Such Advance Request shall have attached thereto an Availability Certificate in compliance with Section 4.02(a) and shall specify the following information: (a) the aggregate amount of the requested Advance, which shall be in an aggregate amount that is in an integral multiple of $5,000,000 and not less than $10,000,000; (b) the date of such Advance, which shall be a Business Day on or after May 7, 2008; and (c) the initial Interest Period applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period.” If no Interest Period is specified with respect to any portion of the Loan, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

Requests for Advances. To request an Advance of Loans, the Borrower shall deliver an Advance Request to GM no later than 11:00 a.m., New York City time, on the date that is three (3) Business Days before the date of the proposed Advance; provided, provided that in any event, the Borrower shall deliver an Advance Request to GM no later than 11:00 a.m., New York City time, on the date that is five (5) Business Days before the date of the initial proposed Advance hereunder. Such Advance Request shall be in a form reasonably acceptable to GM, signed and certified by a Financial Officer of the Borrower and delivered in accordance with the notice provisions set forth in Section 8.01; provided, provided that, notwithstanding anything in Section 8.01 to the contrary, Advance Requests may be delivered in .pdf or similar format by electronic mail; provided, further, that there shall be no more than one (1) Advance in one (1) calendar week. Such Advance Request shall have attached thereto an Availability Certificate in compliance with Section 4.02(a) and shall specify the following information: (a) whether the requested Advance is a Tranche A Advance and/or Tranche B Advance; (b) the aggregate amount of the requested Tranche A Advance and/or Tranche B Advance, which shall be in an aggregate amount that is in an integral multiple of $5,000,000 and not less than $10,000,000; (bc) the amount of the Specified Availability as of the close of business on the Business Day immediately preceding the date of such request and the projected net use of cash through the date of the requested Advance and, in each case, reflecting the calculation thereof; (d) the date of such Advance, which which, with respect to Tranche A Loans shall be a Business Day on or after May 79, 2008 and with respect to Tranche B Loans shall be a Business Day on or after October 1, 2008; and (ce) the initial Interest Period applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period.” If no Interest Period is specified with respect to any portion of the Loan, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

Requests for Advances. To request an Advance of Loans, the Borrower shall deliver an Advance Request to GM no later than 11:00 a.m., New York City time, on the date that is three (3) Business Days before the date of the proposed Advance; provided, that in any event, the Borrower shall deliver an Advance Request to GM no later than 11:00 a.m., New York City time, on the date that is five (5) Business Days before the date of the initial proposed Advance hereunder. Such Advance Request shall be in a form reasonably acceptable to GM, signed and certified by a Financial Officer of the Borrower and delivered in accordance with the notice provisions set forth in Section 8.01; provided, that, notwithstanding anything in Section 8.01 to the contrary, Advance Requests may be delivered in .pdf or similar format by electronic mail; provided, further, that there shall be no more than one (1) Advance in one (1) calendar week. Such Advance Request shall have attached thereto an Availability Certificate in compliance with Section 4.02(a) and shall specify the following information: (a) the aggregate amount of the requested Advance, which shall be in an aggregate amount that is in an integral multiple of $5,000,000 and not less than $10,000,000; (b) the amount of the Specified Availability as of the close of business on the Business Day immediately preceding the date of such request and the projected net use of cash through the date of the requested Advance and, in each case, reflecting the calculation thereof; (c) the date of such Advance, which shall be a Business Day on or after May 79, 2008; and (cd) the initial Interest Period applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period.” ” (e) If no Interest Period is specified with respect to any portion of the Loan, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.