Common use of Year Commitment Clause in Contracts

Year Commitment. Borrower shall not be entitled to request a 5-Year Advance in an amount which, when added to the aggregate Individual Outstanding 5-Year Obligations of all Syndication Parties, would exceed the 5-Year Commitment.

Appears in 2 contracts

Sources: Credit Agreement (CHS Inc), Credit Agreement (CHS Inc)

Year Commitment. Borrower shall not be entitled to request a 53-Year Advance in an amount which, when added to the aggregate Individual Outstanding 53-Year Obligations of all Syndication Parties, would exceed the 53-Year Commitment.

Appears in 2 contracts

Sources: Credit Agreement (CHS Inc), Credit Agreement (Cenex Harvest States Cooperatives)