Common use of Designated Borrowers Clause in Contracts

Designated Borrowers. (a) Effective as of the date hereof, each Subsidiary that has executed this Agreement shall be a “Designated Borrower” hereunder and may receive New Vehicle Swing Line Loans for its account on the terms and conditions set forth in this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc)

AutoNDA by SimpleDocs

Designated Borrowers. (a) Effective as of the date hereof, each Subsidiary that has executed this Agreement shall be a "Designated Borrower" hereunder and may receive New Vehicle Swing Line Loans for its account on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Carmax Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.