Common use of BORROWING RESTRICTIONS Clause in Contracts

BORROWING RESTRICTIONS. Subject to the terms and conditions of this Agreement, during the Commitment Period each Lender may make (but is not obligated to make) a Money Market Rate Loan to the Company in such amount or amounts as the Company may from time to time request, provided that the sum of the total Loans outstanding under Sections 2.1A and 2.1B plus the aggregate principal amount of outstanding Competitive Loans at any time shall not exceed the Commitments which, as of the date hereof, total Two Hundred Ninety Million Dollars ($290,000,000) Subject to the provisions of this Agreement, the Company shall be entitled under this Paragraph B to borrow funds, repay the same in whole or in part and reborrow hereunder at any time and from time to time from any Lender making Money Market Rate Loans to the Company. The Administrative Agent shall not be involved, in its capacity as such agent, in any borrowing(s) by the Company under this Section 2.1B; provided, however, the Administrative Agent shall be advised by the Company of each such borrowing hereunder. The procedures for any such Loan shall be as agreed upon by the Company and each Lender making a Loan under this Paragraph B.

BORROWING RESTRICTIONS. Subject to the terms and conditions of this Agreement, during the Commitment Period each Lender may make (but is not obligated to make) a Money Market Rate Loan to the Company in such amount or amounts as the Company may from time to time request, provided that the sum of the total Loans outstanding under Sections 2.1A 2.1A, 2.1B and 2.1B 2.1C plus the aggregate principal amount of outstanding Competitive Loans at any time shall not exceed the Commitments which, as of on the date hereof, total Two One Billion One Hundred Ninety Sixty Million Dollars ($290,000,000) 1,160,000,000). Subject to the provisions of this Agreement, the Company shall be entitled under this Paragraph B to borrow funds, repay the same in whole or in part and reborrow hereunder at any time and from time to time from any Lender making Money Market Rate Loans to the Company. The Administrative Agent shall not be involved, in its capacity as such agent, in any borrowing(s) by the Company under this Section 2.1B; provided, however, the Administrative Agent shall be advised by the Company of each such borrowing hereunder. The procedures for any such Loan shall be as agreed upon by the Company and each Lender making a Loan under this Paragraph B.

BORROWING RESTRICTIONS. Subject to the terms and conditions of this Agreement, during the Commitment Period each Lender may make (but is not obligated to make) a Money Market Rate Loan to the Company in such amount or amounts as the Company may from time to time request, provided that the sum of the total Loans outstanding under Sections 2.1A and 2.1B plus the aggregate principal amount of outstanding Competitive Loans at any time shall not exceed the Commitments which, as of the date hereof, total Two One Hundred Ninety Thirty-Four Million Four Hundred Thousand Dollars ($290,000,000) 134,400,000). Subject to the provisions of this Agreement, the Company shall be entitled under this Paragraph B to borrow funds, repay the same in whole or in part and reborrow hereunder at any time and from time to time from any Lender making Money Market Rate Loans to the Company. The Administrative Agent shall not be involved, in its capacity as such agent, in any borrowing(s) by the Company under this Section 2.1B; provided, however, the Administrative Agent shall be advised by the Company of each such borrowing hereunder. The procedures for any such Loan shall be as agreed upon by the Company and each Lender making a Loan under this Paragraph B.