Any Funding Notice or Letter of Credit Application shall be executed by an Authorized Officer in a writing delivered to the Applicable Agent. In lieu of delivering a Funding Notice, the Applicable Lead Borrower may give the Applicable Agent telephonic notice by the required time of any proposed borrowing or conversion or continuation of any Advance; provided each such notice shall be promptly confirmed in writing by delivery of the applicable Funding Notice to the Applicable Agent on or before the applicable date of any such borrowing, conversion, continuation or issuance. Neither any Agent nor any Lender shall incur any liability to any Borrower in acting upon any telephonic notice referred to above that the Applicable Agent believes in good faith to have been given by an Authorized Officer of the Lead Borrower or European Lead Borrower or other person authorized on behalf of any Borrower or for otherwise acting in good faith.