Common use of Settlement Date Procedures Clause in Contracts

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks and the Agent, the Borrower may borrow, repay and reborrow Swing Loans, and PNC may make Swing Loans, as provided in Section 2.1(b) hereof during the period between Settlement Dates. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstanding, the Agent shall notify each Bank of its Ratable Share of the Revolving Credit Loans outstanding as of the close of business on the Business Day immediately preceding such Settlement Date. Prior to 3:00 p.m. Pittsburgh time on such Settlement Date, each Bank shall pay to the Agent the amount, if any, necessary to effectuate the settlement contemplated by this Section, and the Agent shall promptly pay to each Bank its Ratable Share of all payments, if any, made by the Borrower to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this Section. The Agent shall also effect settlement in accordance with this Section on the proposed Borrowing Dates for all Revolving Credit Loans and may at its option effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 shall relieve the Banks of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.9. PNC may at any time, at its option, for any reason whatsoever require each Bank to pay immediately to PNC such Bank's Ratable Share of the outstanding Swing Loans, and each Bank may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks Lenders and the Administrative Agent, the Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC the Swingline Lender may make Swing Loans, Loans as provided in Section 2.1(b) 2.1.2 [Swing Loans] hereof during the period between Settlement Dates. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstanding, the The Administrative Agent shall notify each Bank Lender of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a “Required Share”). Prior to 3:00 p.m. Pittsburgh time on On such Settlement Date, each Bank Lender shall pay to the Administrative Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Administrative Agent shall promptly pay to each Bank Lender its Ratable Share of all payments, if any, payments made by the Borrower to the Administrative Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Administrative Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans and on dates on which mandatory prepayments are due under Section 5.6.4 [Mandatory Prepayments] and may at its option effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 5.10 [Settlement Date Procedures] shall relieve the Banks Lenders of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.92.1.2 [Swing Loans]. PNC The Administrative Agent may at any time, time at its option, option for any reason whatsoever require each Bank Lender to pay immediately to PNC the Administrative Agent such Bank's ▇▇▇▇▇▇’s Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank Lender may at any time require the Administrative Agent to pay immediately to such Bank Lender its Ratable Share of all payments made by the Borrower to the Administrative Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks and the Agent, the Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC Bank may make Swing Loans, Loans as provided in Section 2.1(b) hereof during the period between Settlement Dates2.2.1 hereof. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the any Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstandingDay, the Agent shall may notify each Bank of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a "Required Share"). Prior to 3:00 2:30 p.m. (Pittsburgh time time) on the date of such Settlement Datenotice, each Bank shall pay to the Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Agent shall promptly pay to each Bank its Ratable Share of all payments, if any, payments made by the Borrower to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans Loans, on any date where payments of principal of any Loan is required to be paid by any Loan Party hereunder, and may at its option (and in consultation with the Borrower) effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 5.9 shall relieve the Banks of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.9. PNC The Agent may at any time, time at its option, option for any reason whatsoever require each Bank to pay immediately to PNC the Agent such Bank's Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks Lenders and the Agent, the Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC Bank may make Swing Loans, Loans as provided in Section 2.1(b) hereof during the period between Settlement Dates2.2.1 [Revolving Credit Loans] hereof. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the any Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstandingDay, the Agent shall may notify each Bank Lender of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a “Required Share”). Prior to 3:00 2:30 p.m. (Pittsburgh time time) on the date of such Settlement Datenotice, each Bank Lender shall pay to the Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Agent shall promptly pay to each Bank Lender its Ratable Share of all payments, if any, payments made by the Borrower to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans Loans, on any date where payments of principal of any Loan is required to be paid by any Loan Party hereunder, and may at its option (and in consultation with the Borrower) effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 5.10 shall relieve the Banks Lenders of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to this Section 2.92.10. PNC The Agent may at any time, time at its option, option for any reason whatsoever require each Bank Lender to pay immediately to PNC the Agent such Bank's Lender’s Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank Lender may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks and the Agent, the Borrower Co-Borrowers may borrow, repay and reborrow Swing Loans, and PNC may make Swing Loans, as provided in Section 2.1(b) hereof during the period between Settlement Dates. On Not later than noon, Cincinnati time, on each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstanding, the Agent shall notify each Bank of its Ratable Share of the Loans (including both the Swing Loans made by the Agent and the Revolving Credit Loans outstanding as of made by the close of business on the Business Day immediately preceding such Settlement DateBanks). Prior to 3:00 p.m. Pittsburgh time p.m., Cincinnati time, on such Settlement Date, each Bank shall pay to the Agent the amountamount equal to the positive difference, if any, necessary to effectuate between its Ratable Share of the settlement contemplated by this SectionRevolving Credit Loans and Swing Loans and its Revolving Credit Loans, and the Agent shall promptly pay to each Bank its Ratable Share of all payments, if any, payments made by the Borrower Co-Borrowers to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans and may at its option effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 shall relieve the Banks of their obligations obligation to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.92.7. PNC The Agent may at any time, time at its option, for any reason whatsoever whatsoever, require each Bank to pay immediately to PNC the Agent such Bank's Ratable Share of the outstanding Revolving Credit Loans and Swing LoansLoans (provided the principal amount of such Bank's Revolving Credit Loans shall not exceed its Revolving Credit Commitment), and each Bank may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower Co-Borrowers to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks Lenders and the Administrative Agent, the Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC may make Swing Loans, Loans as provided in Section 2.1(b) 2.1.2 [Swing Loan Commitments] hereof during the period between Settlement Dates. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstanding, the The Administrative Agent shall notify each Bank Lender of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a “Required Share”). Prior to 3:00 p.m. Pittsburgh time on On such Settlement Date, each Bank Lender shall pay to the Administrative Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Administrative Agent shall promptly pay to each Bank Lender its Ratable Share of all payments, if any, payments made by the Borrower to the Administrative Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Administrative Agent shall also effect settlement in accordance with this Section on the proposed Borrowing Dates for all Revolving Credit Loans and may at its option effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 5.12 shall relieve the Banks Lenders of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.92.1.2 [Swing Loan Commitment]. PNC The Administrative Agent may at any time, time at its option, option for any reason whatsoever require each Bank Lender to pay immediately to PNC the Administrative Agent such Bank's Lender’s Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank Lender may at any time require the Administrative Agent to pay immediately to such Bank Lender its Ratable Share of all payments made by the Borrower to the Administrative Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks Lenders and the Agent, the Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC Bank may make Swing Loans, Loans as provided in Section 2.1(b) hereof during the period between Settlement Dates2.1.1 [Revolving Credit Loans] hereof. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the any Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstandingDay, the Agent shall may notify each Bank Lender of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a “Required Share”). Prior to 3:00 2:30 p.m. (Pittsburgh time time) on the date of such Settlement Datenotice, each Bank Lender shall pay to the Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Agent shall promptly pay to each Bank Lender its Ratable Share of all payments, if any, payments made by the Borrower to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans Loans, on any date where payments of principal of any Loan is required to be paid by any Loan Party hereunder, and may at its option (and in consultation with the Borrower) effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 4.10 shall relieve the Banks Lenders of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.9Date. PNC The Agent may at any time, time at its option, option for any reason whatsoever require each Bank Lender to pay immediately to PNC the Agent such Bank's Lender’s Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank Lender may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks and the Agent, the Borrower may borrow, repay and reborrow Swing Loans, and PNC Mellon may make Swing Loans, as provided in Section 2.1(b) 2.1.2 hereof during the period between Settlement Dates. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC Mellon as Swing Loans) outstanding as of the close of business on the Business Day business day immediately preceding such Settlement Date. Not not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstanding, the Agent shall notify each Bank of its Ratable Share of the Revolving Credit Loans outstanding as of the close of business on the Business Day business day immediately preceding such Settlement Date. Prior to 3:00 p.m. Pittsburgh time on such Settlement Date, each Bank shall pay to the Agent the amount, if any, necessary to effectuate the settlement contemplated by this Section, and the Agent shall promptly pay to each Bank its Ratable Share of all payments, if any, made by the Borrower to the Agent with respect to the Revolving Credit Loans not theretofor paid and any payments due such Bank in settlement under this Section. The Agent shall also effect settlement in accordance with this Section 4.7 on the proposed Borrowing Dates for all Revolving Credit Loans and may at its option effect settlement on any other Business Day. If if an Event of Default shall occur and on the date of such occurrence the sum of PNCMellon's Revolving Credit Loans shall be less than PNCMellon's Ratable Share of all Revolving Credit Loans, PNC Mellon shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this SectionSection 4.7. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 4.7 shall relieve the Banks of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.92.7. PNC Mellon may at any time, at its option, for any reason whatsoever require each Bank to pay immediately to PNC Mellon such Bank's Ratable Share of the outstanding Swing Loans, and each Bank may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks Lenders and the Agent, the Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC Bank may make Swing Loans, Loans as provided in Section 2.1(b) hereof during the period between Settlement Dates2.2.1 [Revolving Credit Loans] hereof. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the any Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstandingDay, the Agent shall may notify each Bank Lender of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a “Required Share”). Prior to 3:00 2:30 p.m. (Pittsburgh time time) on the date of such Settlement Datenotice, each Bank Lender shall pay to the Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Agent shall promptly pay to each Bank Lender its Ratable Share of all payments, if any, payments made by the Borrower to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans Loans, on any date where payments of principal of any Loan is required to be paid by any Loan Party hereunder, and may at its option (and in consultation with the Borrower) effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 5.10 shall relieve the Banks Lenders of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.9Date. PNC The Agent may at any time, time at its option, option for any reason whatsoever require each Bank Lender to pay immediately to PNC the Agent such Bank's Lender’s Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank Lender may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks and the Administrative Agent, the Borrower Borrowers may borrow, repay and reborrow Swing Loans, Loans and PNC the Swing Loan Bank may make Swing Loans, Loans as provided in Section 2.1(b) 2.1.2 [Swing Loan Commitments] hereof during the period between Settlement Dates. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstanding, the The Administrative Agent shall notify each Bank of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a "Required Share"). Prior to 3:00 p.m. Pittsburgh time on On such Settlement Date, each Bank shall pay to the 219962390 Administrative Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Administrative Agent shall promptly pay to each Bank (that is not a Defaulting Bank) its Ratable Share of all payments, if any, payments made by the Borrower Borrowers to the Administrative Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Administrative Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans and on any mandatory prepayment date as provided for herein and may at its option effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 5.11 shall relieve the Banks of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.92.1.2 [Swing Loan Commitment]. PNC The Administrative Agent may at any time, time at its option, option for any reason whatsoever require each Bank to pay immediately to PNC the Administrative Agent such Bank's Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank may at any time require the Administrative Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower Borrowers to the Administrative Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks Lenders and the Agent, the any Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC Bank may make Swing Loans, Loans as provided in Section 2.1(b) 2.1.2 hereof during the period between Settlement Dates. On Not later than 11:00 a.m., Eastern time, on each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstanding, the Agent shall notify each Bank Lender of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a "Required Share"). Prior to 3:00 p.m. Pittsburgh time 2:00 p.m., Eastern time, on such Settlement Date, each Bank Lender shall pay to the Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Agent shall promptly pay to each Bank Lender its Ratable Share of all payments, if any, payments made by the such Borrower to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans and on Mandatory Prepayment Dates and may at its option effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 4.10 shall relieve the Banks Lenders of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.92.1.2. PNC The Agent may at any time, time at its option, option for any reason whatsoever require each Bank Lender to pay immediately to PNC the Agent such BankLender's Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank Lender may at any time require the Agent to pay immediately to such Bank Lender its Ratable Share of all payments made by the Borrower Borrowers to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks Lenders and the Agent, the Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC Bank may make Swing Loans, Loans as provided in Section 2.1(b) hereof during the period between Settlement Dates2.2.1 [Revolving Credit Loans] hereof. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the any Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstandingDay, the Agent shall may notify each Bank Lender of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a “Required Share”). Prior to 3:00 2:30 p.m. (Pittsburgh time time) on the date of such Settlement Datenotice, each Bank Lender shall pay to the Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Agent shall promptly pay to each Bank Lender its Ratable Share of all payments, if any, payments made by the Borrower to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans Loans, on any date where payments of principal of any Loan is required to be paid by any Loan Party hereunder, and may at its option (and in consultation with the Borrower) effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 4.10 shall relieve the Banks Lenders of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.9Date. PNC The Agent may at any time, time at its option, option for any reason whatsoever require each Bank Lender to pay immediately to PNC the Agent such Bank's Lender’s Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank Lender may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower to the Agent with respect to the Revolving Credit Loans.

Settlement Date Procedures. In order to minimize the transfer of funds between the Banks and the Agent, the The Borrower may borrow, repay and reborrow Swing Loans, Loans and PNC Bank may make Swing Loans, Loans as provided in Section 2.1(b) hereof during the period between Settlement Dates2.1.2 [Swing Loan Commitment] hereof. On each Settlement Date, the Banks agree among themselves to effect a settlement so that each Bank shall have its Ratable Share of all Revolving Credit Loans (including those Revolving Credit Loans designated by PNC as Swing Loans) outstanding as of the close of business on the any Business Day immediately preceding such Settlement Date. Not later than 10:00 a.m. on each Settlement Date when Swing Loans are outstandingDay, the Agent shall may notify each Bank of its Ratable Share of the total of the Revolving Credit Loans outstanding as of and the close of business on the Business Day immediately preceding such Settlement DateSwing Loans (each a "Required Share"). Prior to 3:00 p.m. Pittsburgh time 2:30 p.m., Eastern time, on the date following the date of such Settlement Datenotice, each Bank shall pay to the Agent the amount, if any, necessary amount equal to effectuate the settlement contemplated by this Sectiondifference between its Required Share and its Revolving Credit Loans, and the Agent shall promptly pay to each Bank its Ratable Share of all payments, if any, payments made by the Borrower to the Agent with respect to the Revolving Credit Loans and any payments due such Bank in settlement under this SectionLoans. The Agent shall also effect settlement in accordance with this Section the foregoing sentence on the proposed Borrowing Dates for all Revolving Credit Loans and on any date when payments of principal of any Loan is required to be paid by any Loan Party hereunder 43 and may at its option option, and in consultation with the Borrower, effect settlement on any other Business Day. If an Event of Default shall occur and on the date of such occurrence the sum of PNC's Revolving Credit Loans shall be less than PNC's Ratable Share of all Revolving Credit Loans, PNC shall pay to the Agent the amount, if any, necessary to effectuate the settlement between the Banks as contemplated by this Section. These settlement procedures are established solely as a matter of administrative convenience, and nothing contained in this Section 5.6 4.8 shall relieve the Banks of their obligations to fund Revolving Credit Loans on dates other than a Settlement Date pursuant to Section 2.92.8 [Borrowings to Repay Swing Loans]. PNC The Agent may at any time, time at its option, option for any reason whatsoever require each Bank to pay immediately to PNC the Agent such Bank's Ratable Share of the outstanding Swing Loans, Revolving Credit Loans and each Bank may at any time require the Agent to pay immediately to such Bank its Ratable Share of all payments made by the Borrower to the Agent with respect to the Revolving Credit Loans.