Common use of Types of Borrowings Clause in Contracts

Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article 2 on a single date, all of which Loans are of the same type (subject to Article 8) and, except in the case of Domestic Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) in which all Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under Section

Appears in 4 contracts

Samples: Credit Agreement (Us West Inc), Credit Agreement (Usw-C Inc), Credit Agreement (Us West Inc)

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Types of Borrowings. The term "Borrowing" denotes the ------------------- --------- aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Euro- ---- Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.1 in which all ---- Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under SectionSection 2.3).

Appears in 2 contracts

Samples: Revolving Credit Agreement (Kilroy Realty Corp), Revolving Credit Agreement (Kilroy Realty Corp)

Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower by one or more Banks pursuant to Article 2 on a single datethe same day, all of which Loans are of the same type (subject to Article 8) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement hereof either (i) by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or (ii) by reference to the provisions of Article 2 under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.1 in which all Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under SectionSection 2.3 in which one or more Banks participate on the basis of their bids).

Appears in 2 contracts

Samples: Agreement (Trigon Healthcare Inc), Agreement (Trigon Healthcare Inc)

Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower by one or more Banks pursuant to Article 2 on a single datethe same day, all of which Loans are of the same type (subject to - Article 8) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial - Interest Period. Borrowings are classified for purposes of this Agreement hereof either (i) by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or (ii) by reference to the provisions of Article 2 under which participation therein is - determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.01 in which all Banks participate in proportion to their Commitments, while a "Money Market Competitive Bid Borrowing" is a Borrowing under SectionSection 2.03 in which one or ---- more Banks participate on the basis of their bids).

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Trigon Healthcare Inc), Agreement (Trigon Healthcare Inc)

Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.1 in which all Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under SectionSection 2.3. 32 34

Appears in 1 contract

Samples: Revolving Credit Agreement (Trinet Corporate Realty Trust Inc)

Types of Borrowings. The term "Borrowing" denotes the ------------------- --------- aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Euro- ---- Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.1 in which all ---- Banks participate partici- xxxx in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under SectionSection 2.3).

Appears in 1 contract

Samples: Revolving Credit Agreement (Kilroy Realty Corp)

Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article 2 Section 2.01 or 2.03 on a single the same date, all of which Loans are of the same type (subject to Article 8) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.01 in which all Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under SectionSection 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith). ARTICLE 2 THE CREDITS SECTION 2.01.

Appears in 1 contract

Samples: 000 Credit Agreement (CNF Transportation Inc)

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Types of Borrowings. The term "Borrowing" denotes the ------------------- aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Euro- ---- Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.1 in which all ---- Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under SectionSection 2.3.

Appears in 1 contract

Samples: Revolving Credit Agreement (Trinet Corporate Realty Trust Inc)

Types of Borrowings. The term "Borrowing" denotes ------------------- --------- the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a --- "Euro-Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.1 in --- which all Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under SectionSection 2.3).

Appears in 1 contract

Samples: Revolving Credit Agreement (Kilroy Realty Corp)

Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Domestic Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "Euro-Dollar Borrowing" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01(a) 2.1 in which all Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under SectionSection 2.3).

Appears in 1 contract

Samples: Credit Agreement (Meditrust Corp)

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