Common use of Procedure for Committed Borrowing Clause in Contracts

Procedure for Committed Borrowing. 23 2.4 Conversion and Continuation Elections for Committed Borrowings................ 24 2.5 Utilization of Commitments in Offshore Currencies............................. 25 2.6 Bid Borrowings................................................................ 26 2.7 Procedure for Bid Borrowings.................................................. 27 2.8 Termination or Reduction of Commitments....................................... 29 2.8.1 Voluntary Termination or Reduction of Commitments....................... 29 2.8.2 Mandatory Reductions of Commitments..................................... 30 2.8.3 All Reductions of Commitments........................................... 30 2.

Procedure for Committed Borrowing. 23 24 2.4 Conversion and Continuation Elections for Committed Borrowings................ 24 .. 25 2.5 Utilization of Revolving Commitments in Offshore Currencies............................. 25 ..... 27 2.6 Bid Borrowings................................................................ 26 .................................................. 27 2.7 Procedure for Bid Borrowings.................................................. 27 .................................... 30 2.8 Termination or Reduction of Commitments....................................... 29 2.8.1 Voluntary Termination or Reduction ........................................ 32 2.9 Prepayments..................................................... 32 2.10 Currency Exchange Fluctuations................................. 33 2.11 Repayment...................................................... 33 2.12 Interest....................................................... 34 2.13 Fees........................................................... 35 2.14 Computation of Commitments....................... 29 2.8.2 Mandatory Reductions of Commitments..................................... 30 2.8.3 All Reductions of Commitments........................................... 30 2.Fees and Interest............................... 35 2.15 Payments by a Borrower.........................................