Common use of For Funding Clause in Contracts

For Funding. Whenever Borrower desires to convert all or a portion of an outstanding Borrowing of Competitive Bid Loans under its Line of Credit Commitments into a Borrowing of Syndicate Loans it shall comply with the provisions prescribed in Section 3.01(b)(i)

Appears in 2 contracts

Sources: Line of Credit Agreement (Hughes Supply Inc), Line of Credit Agreement (Hughes Supply Inc)