Common use of Limitation on Types of Loans Clause in Contracts

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six (6) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 5 contracts

Samples: Credit Agreement (McMoran Exploration Co /De/), Credit Agreement (McMoran Oil & Gas Co /De/), Credit Agreement (Atp Oil & Gas Corp)

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Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Committed Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, with respect to Committed Loans, no more than six five (65) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 4 contracts

Samples: Joinder Agreement (Ashland Inc), Credit Agreement (Ashland Inc.), Revolving Credit Agreement (Ashland Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six ten (610) Eurodollar Loans may be outstanding at any time to any Lendertime.

Appears in 4 contracts

Samples: Credit Agreement (Castle Dental Centers Inc), Credit Agreement (Corrida Resources Inc), Credit Agreement (Queen Sand Resources Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six five (65) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 2 contracts

Samples: Senior Revolving Credit Agreement (Transcoastal Marine Services Inc), Credit Agreement (Transcoastal Marine Services Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate ABR Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six (6) Eurodollar Loans may be outstanding at any time to any Lendertime.

Appears in 2 contracts

Samples: Credit Agreement (Ocean Energy Inc), Credit Agreement (Flores & Rucks Inc /De/)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six eight (6) 8) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Black Stone Minerals, L.P.)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six (6) Eurodollar Loans may be outstanding at any time to from any Lender.

Appears in 2 contracts

Samples: Credit Agreement (Brigham Exploration Co), Credit Agreement (Brigham Exploration Co)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Revolving Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six eight (6) 8) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 2 contracts

Samples: Credit Agreement (Black Stone Minerals, L.P.), Credit Agreement (Black Stone Minerals, L.P.)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the BorrowerCompany, the Committed Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six seven (67) Eurodollar Loans which are Committed Loans to any or all Obligors by any Lender may be outstanding at any time to any Lendertime.

Appears in 2 contracts

Samples: Credit Agreement (Eex Corp), Credit Agreement (Enserch Exploration Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the BorrowerObligors, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six eight (6) 8) Eurodollar Loans may be outstanding at any time to any Lendertime.

Appears in 2 contracts

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

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six nine (69) Eurodollar Loans may be outstanding at any time to any Lender.time. 22

Appears in 1 contract

Samples: Revolving Credit Agreement (Rowan Companies Inc)

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Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six five (65) Revolving Credit Eurodollar Loans may be outstanding at any time to any Lender and no more than one (1) Term Eurodollar Loan may be outstanding at any time to any Lender.

Appears in 1 contract

Samples: Credit Agreement (Bargo Energy Co)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans (other than Swing Line Loans) may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six five (65) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 1 contract

Samples: Joinder Agreement (Ashland Inc)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the BorrowerCompany, the Committed Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six seven (67) Eurodollar Loans which are Committed Loans to any or all Obligors by any Lender may be outstanding at any time to any Lender.time. Section 2.02

Appears in 1 contract

Samples: Credit Agreement (Enserch Exploration Inc /Tx/)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided thatprovided, without the prior written consent of the Majority Lendershowever, no more than six (6) eight Eurodollar Loans may be outstanding at any time to any Lendertime.

Appears in 1 contract

Samples: Credit Agreement (Brown Tom Inc /De)

Limitation on Types of Loans. Subject to the other terms and provisions ---------------------------- of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six seven (67) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 1 contract

Samples: Credit Agreement (Mission Resources Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six seven (67) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 1 contract

Samples: Credit Agreement (Eex Corp)

Limitation on Types of Loans. Subject to the other terms and provisions of this Agreement, at the option of the Borrower, the Loans may be Base Rate ABR Loans or Eurodollar Loans; provided that, without the prior written consent of the Majority Lenders, no more than six (6) Eurodollar Loans may be outstanding at any time to any Lender.

Appears in 1 contract

Samples: Credit Agreement (Penn Virginia Corp)

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