Common use of BORROWING RIGHTS AND RESTRICTIONS Clause in Contracts

BORROWING RIGHTS AND RESTRICTIONS. Subject to the terms and conditions of this Agreement, during the Commitment Period the Company may request Competitive Bids and may (but shall not have any obligation to) accept Competitive Bids and borrow Competitive Loans 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, on the date hereof, total One Hundred Thirty-Four Million Four Hundred Thousand Dollars ($134,400,000). Subject to the provisions of this Agreement, the Company may, if a Competitive Bid is submitted by a Lender, borrow funds under this Paragraph C, repay the same in whole or in part, and reborrow hereunder at any time and from time to time during the Commitment Period.

BORROWING RIGHTS AND RESTRICTIONS. Subject to the terms and conditions of this Agreement, during the Commitment Period the Company may request Competitive Bids and may (but shall not have any obligation to) accept Competitive Bids and borrow Competitive Loans 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, on the date hereof, total One Two Hundred Thirty-Four Ninety Million Four Hundred Thousand Dollars ($134,400,000290,000,000). Subject to the provisions of this Agreement, the Company may, if a Competitive Bid is submitted by a Lender, borrow funds under this Paragraph C, repay the same in whole or in part, and reborrow hereunder at any time and from time to time during the Commitment Period.

BORROWING RIGHTS AND RESTRICTIONS. Subject to the terms and conditions of this Agreement, during the Commitment Period the Company may request Competitive Bids and may (but shall not have any obligation to) accept Competitive Bids and borrow Competitive Loans 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, on the date hereof, total One Five Hundred ThirtyNinety-Four Eight Million Four Hundred Thousand Dollars ($134,400,000598,400,000). Subject to the provisions of this Agreement, the Company may, if a Competitive Bid is submitted by a Lender, borrow funds under this Paragraph CD, repay the same in whole or in part, and reborrow hereunder at any time and from time to time during the Commitment Period.

BORROWING RIGHTS AND RESTRICTIONS. Subject to the terms and conditions of this Agreement, during the Commitment Period the Company may request Competitive Bids and may (but shall not have any obligation to) accept Competitive Bids and borrow Competitive Loans 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, on the date hereof, total One Billion One Hundred Thirty-Four Sixty Million Four Hundred Thousand Dollars ($134,400,000)1,160,000,000) . Subject to the provisions of this Agreement, the Company may, if a Competitive Bid is submitted by a Lender, borrow funds under this Paragraph CD, repay the same in whole or in part, and reborrow hereunder at any time and from time to time during the Commitment Period.