Common use of The B Advances Clause in Contracts

The B Advances. (a) Each Lender severally agrees that the Borrower may request B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 days prior to the Termination Date in the manner set forth below; provided that, following the making of each B Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:

Appears in 6 contracts

Samples: Year Credit Agreement (Becton Dickinson & Co), Year Credit Agreement (Becton Dickinson & Co), Credit Agreement (Becton Dickinson & Co)

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The B Advances. (a) Each Lender severally agrees that the Borrower may request B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 days prior to the Termination Date in the manner manner, and subject to the terms and conditions, set forth below; provided that, following . The rates of interest offered by the making of Lenders and accepted by the Borrower for each B Borrowing, the aggregate amount of the Advances then outstanding Borrowing shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:be fixed rates per annum or LIBOR based bids.

Appears in 3 contracts

Samples: Credit Agreement (Commonwealth Edison Co), Credit Agreement (Commonwealth Edison Co), Credit Agreement (Commonwealth Edison Co)

The B Advances. (a) Each Lender severally agrees that the Borrower may request may, in the manner set forth below, make B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof Closing Date until the date occurring 30 days thirtieth day prior to the Termination Date in the manner set forth belowDate; provided that, following the making of each B Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Carnival Corp), Revolving Credit Agreement (Carnival Corp), Revolving Credit Agreement (Carnival Corp)

The B Advances. (a) Each A Lender severally agrees that the -------------- Borrower may request make B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 7 days prior to the Revolver Termination Date in the manner set forth below; provided provided, that, following the making of each B Borrowing, the aggregate amount -------- ---- of the Advances then outstanding shall not exceed the aggregate amount of the A Commitments of the A Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 2 contracts

Samples: Credit Agreement (Gap Inc), Credit Agreement (Gap Inc)

The B Advances. (a) Each A Lender severally agrees that the Borrower may request make B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 7 days prior to the Revolver Termination Date in the manner set forth below; provided provided, that, following the making of each B Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the A Commitments of the A Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 2 contracts

Samples: Credit Agreement (Gap Inc), Credit Agreement (Gap Inc)

The B Advances. (a) Each Lender severally agrees that the Borrower or a Borrowing Subsidiary, as the case may be, may request B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 10 days prior to the Termination Date Date, in the manner set forth below; provided that, following the making of each B Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 2 contracts

Samples: Credit Agreement (Colgate Palmolive Co), Year Credit Agreement (Colgate Palmolive Co)

The B Advances. (aA) Each Lender severally agrees that the Borrower may request B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 days prior to the Termination Date in the manner manner, and subject to the terms and conditions, set forth below; provided that, following . The rates of interest offered by the making of Lenders and accepted by the Borrower for each B Borrowing, the aggregate amount of the Advances then outstanding Borrowing shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:be fixed rates per annum or LIBOR based bids.

Appears in 2 contracts

Samples: Credit Agreement (Commonwealth Edison Co), Credit Agreement (Commonwealth Edison Co)

The B Advances. (a) Each Lender Bank severally agrees that the Borrower may request make B Borrowings under this Section 2.03 2.16 from time to time on any Business Day during the period from the date hereof until the earlier of (I) the Termination Date or (II) the date occurring 30 days prior to the Termination Date in the manner set forth below; provided that, following the making of each B Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:Stated

Appears in 1 contract

Samples: Credit Agreement (Williams Holdings of Delaware Inc)

The B Advances. (a) Each Lender severally agrees that the Borrower may request B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 days prior to the Termination Date in the manner set forth below; provided that, following the making of each B Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 1 contract

Samples: Credit Agreement (Trinova Corp)

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The B Advances. (a) Each A Lender severally agrees -------------- that the Borrower may request make B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 7 days prior to the Revolver Termination Date in the manner set forth below; provided provided, that, following the making of each B Borrowing, the aggregate -------- ---- amount of the Advances then outstanding shall not exceed the aggregate amount of the A Commitments of the A Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

The B Advances. (a) Each Lender severally agrees that the Borrower may request make B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 15 days prior to the Termination Date in the manner set forth below; provided that, following the making of each B Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 1 contract

Samples: Credit Agreement (Supervalu Inc)

The B Advances. (a) Each Lender severally agrees that the Borrower may request B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 days prior to the Termination Date in the manner manner, and subject to the terms and conditions, set forth below; provided that, following . The rates of interest offered by the making of Lenders and accepted by the Borrower for each B Borrowing, the aggregate amount of the Advances then outstanding Borrowing shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:be fixed rates per annum.

Appears in 1 contract

Samples: Credit Agreement (Ies Utilities Inc)

The B Advances. (a) Each Lender severally agrees that the Borrower may request make B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 days prior to the Termination Date in the manner set forth below; provided that, following the making of each B Borrowing, the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 1 contract

Samples: Credit Agreement (Sun Microsystems Inc)

The B Advances. (a) Each Lender severally agrees that the any Borrower may request make B Borrowings under this Section 2.03 from time to time on any Business Day during the period from the date hereof until the date occurring 30 7 days prior to the Termination Date in the manner set forth below; provided that, following the making of each B Borrowing, Borrowing the aggregate amount of the Advances then outstanding shall not exceed the aggregate amount of the Commitments of the Lenders (computed without regard to any B Reduction). The following procedures shall apply:.

Appears in 1 contract

Samples: Philip Morris Companies Inc

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