Loan Administration. Borrowings under the Loan shall be as follows:
Loan Administration. Subject to the provisions of Section 16.10 hereof, to, on behalf of and for the ratable benefit of all Syndication Parties, in accordance with customary banking practices, exercise all rights, powers, privileges, and discretion to which the Administrative Agent is entitled to administer the Loans, including, without limitation: (a) monitor all borrowing activity, issuances of Letters of Credit, Individual Commitment balances, and maturity dates of all LIBO Rate Loans; (b) monitor and report Credit Agreement and covenant compliance, and coordinate required credit actions by the Syndication Parties (including Voting Participants where applicable); (c) manage the process for future waivers and amendments if modifications to the Credit Agreement are required; and (d) administer, record, and process all assignments to be made for the current and future Syndication Parties (including the preparation of a revised Schedule 1 to replace the previous Schedule 1).
Loan Administration. The Custodian will perform the following functions with respect to bank loans held by a Series:
Loan Administration. 3.1. Manner of Borrowing Revolving Credit Loans/LIBOR Option. Borrowings under the credit facility established pursuant to Section 1 hereof shall be as follows:
Loan Administration. Advances made under the Loans shall be as follows:
Loan Administration. Subject to the provisions of Section 14.7 hereof, to, on behalf of and for the ratable benefit of all Syndication Parties, in accordance with customary banking practices, exercise all rights, powers, privileges, and discretion to which the Administrative Agent is entitled to administer the Loans.
Loan Administration. (a) All advances and other extensions of credit to or for the benefit of Borrower shall constitute one general obligation of Borrower, and shall be secured by Lender’s Lien upon all of the Collateral.
Loan Administration. (1) The Board shall, within sixty (60) days, develop and implement a written program to improve the Bank's loan administration. The program shall include, but not be limited to:
Loan Administration. The Banks shall have no obligation to (i) advance or re-advance any sums or make any Loan, or (ii) issue any Standby L/C, pursuant to terms of this Agreement at any time when a Default or an Event of Default exists.
Loan Administration. The administration of this Agreement and each of the other Credit Documents and the transactions contemplated hereby and thereby.
