Notification by Administrative Agent. Upon receipt of the Borrowers’ Notice of Competitive Bid Borrowing in accordance with [Section 2.2(f)] hereof, the Administrative Agent shall, on the date such Notice of Competitive Bid Borrowing is received by the Administrative Agent, notify each Revolving Loan [[Organization A:Organization]] of the principal amount of the Competitive Bid Loan borrowing accepted by the Borrowers and of such [[Organization A:Organization]]’s share (if any) of such Competitive Bid Loan borrowing and such Notice of Competitive Bid Borrowing shall not thereafter be revocable by the Borrowers. A [[Organization A:Organization]] who is notified that it has been selected to make a Competitive Bid Loan may designate its
Notification byNotice to Borrowers. The Administrative Agent. Upon receiptAgent shall promptly notify the Borrowers of the Borrowers’ Noticeterms # of any Competitive Bid BorrowingQuote submitted by a [[Organization A:Organization]] that is in accordance with [Section 2.2(f)] hereof, the Administrative Agent shall, on the date such Noticesubsection # of this Section and # of any Competitive Bid BorrowingQuote that amends, modifies or is received by the Administrative Agent, notify each Revolving Loan [[Organization A:Organization]] of the principal amount of theotherwise inconsistent with a previous Competitive Bid Loan borrowing acceptedQuote submitted by the Borrowers and of such [[Organization A:Organization]]’s share (if any) of such with respect to the same Competitive Bid Loan borrowing andQuote Request. Any such Noticesubsequent Competitive Bid Quote shall be disregarded by the Administrative Agent unless such subsequent Competitive Bid Quote is submitted solely to correct a manifest error in such former Competitive Bid Quote. The Administrative Agent’s notice to the Borrowers shall specify # the aggregate principal amount of Competitive Bid Borrowing shall not thereafter be revocable byLoans for which offers have been received for each Interest Period specified in the Borrowers. A [[Organization A:Organization]] who is notified that it has been selected to make arelated Competitive Bid LoanQuote Request, # the principal amounts and Competitive Bid Margins so offered and # if applicable, limitations on the aggregate principal amount of Competitive Bid Loans for which offers in any single Competitive Bid Quote may designate itsbe accepted.
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