Audiovox 2012 Annual Report Download - page 200

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(a) Multicurrency Revolving Commitment. During the Commitment Period, subject to the terms and conditions
hereof, each Multicurrency Revolving Lender severally, but not jointly, agrees to make revolving credit loans (“ Multicurrency
Revolving Loans”) in Dollars or Foreign Currencies to the Borrowers from time to time in an aggregate principal amount of up
to  (as such aggregate maximum amount may be reduced from time to time as
provided in Section 2.6, the “Multicurrency Revolving Committed Amount ”) for the purposes hereinafter set forth (such
facility, the “Multicurrency Revolving Facility”); provided, however, that after giving effect to such Multicurrency Revolving
Loans, (A) with regard to the Multicurrency Revolving Lenders collectively, the aggregate principal Dollar Amount
(determined as of the most recent Revaluation Date) of outstanding Multicurrency Revolving Loans shall not exceed the
Multicurrency Revolving Committed Amount, (B) with regard to each Multicurrency Revolving Lender individually, the
aggregate principal Dollar Amount (determined as of the most recent Revaluation Date) of such Multicurrency Revolving
Lender's Multicurrency Commitment Percentage of outstanding Multicurrency Revolving Loans shall not exceed such
Multicurrency Revolving Lender's Multicurrency Revolving Commitment and (C) the Dollar Equivalent of the aggregate
principal amount of outstanding Foreign Currency Revolving Loans made to any Borrower shall not exceed the Foreign
Currency Sublimit Allocation available to such Borrower. Multicurrency Revolving Loans may consist of Alternate Base Rate
Loans or LIBOR Rate Loans, or a combination thereof, as the Company may request; provided, however, that Foreign Currency
Revolving Loans may consist of only LIBOR Rate Loans. Multicurrency Revolving Loans made on the Closing Date or any of
the three (3) Business Days (or four (4) Business Days with respect to Foreign Currency Revolving Loans) following the
Closing Date, may only consist of Alternate Base Rate Loans unless the Borrowers deliver a funding indemnity letter,
substantially in the form of Exhibit 2.1(a), reasonably acceptable to the Administrative Agent not less than three (3) Business
Days (or four (4) Business Days with respect to Foreign Currency Revolving Loans) prior to the Closing Date. LIBOR Rate
Loans shall be made by each Multicurrency Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its
Domestic Lending Office.
(b) Revolving Loan Borrowings.
(i) Notice of Borrowing. The Company, for itself or another Borrower, shall request a Multicurrency
Revolving Loan borrowing by delivering a written Notice of Borrowing (or telephone notice promptly confirmed in
writing by delivery of a written Notice of Borrowing, which delivery may be by fax) to the Administrative Agent not
later than 11:00 A.M. (x) on the Business Day of the requested borrowing in the case of Alternate Base Rate Loans, (y)
on the third Business Day prior to the date of the requested borrowing in the case of LIBOR Rate Loans denominated in
Dollars and (z) on the fourth Business Day prior to the date of the requested borrowing in the case of a Foreign
Currency Revolving Loan. Each such Notice of Borrowing shall be irrevocable and shall specify (A) that a
Multicurrency Revolving Loan is requested, (B) the date of the requested borrowing (which shall be a Business Day),
(C) the aggregate principal amount to be borrowed, (D) whether the borrowing
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