Common use of Committed Borrowing Clause in Contracts

Committed Borrowing. A borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.

Appears in 1 contract

Sources: Revolving Credit Agreement (Timberland Co)

Committed Borrowing. A borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section §2.

Appears in 1 contract

Sources: Revolving Credit Agreement (Timberland Co)