Operation of Loan Arrangement. (a) Except as otherwise provided in this Article, Revolving Credit Loans and requests for the issuance of L/Cs shall be requested solely by the Lead Borrower as agent for each Borrower.
Appears in 3 contracts
Samples: Loan Agreement (Dynamics Research Corp), Loan Agreement (Dynamics Research Corp), Loan Agreement (Dynamics Research Corp)
Operation of Loan Arrangement. (a) Except as otherwise provided in this Article, loans and advances under the Revolving Credit Loans and requests for the issuance of L/Cs shall be requested solely by the Lead Borrower as agent for each Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Dynamics Research Corp), Loan and Security Agreement (Dynamics Research Corp)
