Common use of Money Market Borrowings Clause in Contracts

Money Market Borrowings. (a) The Money Market Option. In addition to Borrowings pursuant to Section ----------------------- 2.01, the Borrower may, as set forth in this Section, request the Banks at any time prior to the Termination Date to make offers to make Money Market Loans to the Borrower. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.

Appears in 1 contract

Samples: Credit Agreement (Unumprovident Corp)

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Money Market Borrowings. (a) The Money Market Option. In addition to Committed Borrowings pursuant to Section ----------------------- 2.012.1, the any Borrower may, as set forth in this Section, request the Banks at any time prior to the Termination Date to make offers to make Money Market Loans in Dollars to such Borrower from time to time on and after the Effective Date and prior to the BorrowerTermination Date. The Banks may, but shall have no obligation to, make such offers and the such Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.

Appears in 1 contract

Samples: Credit Agreement (United States Surgical Corp)

Money Market Borrowings. (a) The Money Market Option. In addition to Committed Borrowings ----------------------- pursuant to Section ----------------------- 2.01, the either Borrower may, as set forth in this Section, request the Banks at any time prior to before the Termination Date to make offers to make Money Market Loans to the such Borrower. The Banks may, but shall have no obligation to, make such offers and the such Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.

Appears in 1 contract

Samples: Credit Agreement (Hancock John Financial Services Inc)

Money Market Borrowings. (a) The Money Market Option. In addition to Borrowings ------------------- requesting that Loans be made pursuant to Section ----------------------- 2.012.1, ----------- the Borrower may, as set forth in this Section, request the Banks at any time prior to the Termination Date Lenders to make offers to make Money Market Loans in any Offshore Currency to the Borrower. The Banks Lenders may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.

Appears in 1 contract

Samples: Credit Agreement (Edison Mission Energy)

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Money Market Borrowings. (a) The Money Market OptionTHE MONEY MARKET OPTION. In addition to Committed Borrowings pursuant to Section ----------------------- 2.01, the Borrower may, as set forth in this Section, request the Banks at any time prior to the Termination Date to make offers to make Money Market Loans to the BorrowerBorrower prior to their respective Termination Dates. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.

Appears in 1 contract

Samples: Credit Agreement (Keycorp /New/)

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