Loan Operations Clause Samples

Loan Operations. 87 10.1 Interests in Loans/Commitments...................................................................... 87 10.2 Administrative Agent's Authority to Act............................................................. 87 10.3 Borrower to Pay Administrative Agent................................................................ 88 10.4 Bank Operations for Advances, Letters of Credit..................................................... 88 10.4.1 Advances.......................................................................................... 88 10.4.2 Letters of Credit................................................................................. 88 10.4.3 Administrative Agent to Allocate Payments......................................................... 89