Common use of Availment Options Clause in Contracts

Availment Options. Subject to the restrictions contained in this Agreement (and in particular, Sections 5.02 and 5.03), the Borrower may receive Advances under Facility A by any one or more of the following Availment Options (or any combination thereof): (a) Prime-Based Loans; or (b) Bankers' Acceptances from BA Lenders with a maturity between 28 and 182 days (inclusive), subject to availability; or (c) BA Equivalent Loans from Non-BA Lenders with a maturity between 28 and 182 days (inclusive), subject to availability; or (d) CDOR Loans with a CDOR Period of one (1), three (3) or six (6) months, subject to availability; or (e) Letters of Credit, subject to Section 2.08. Bankers' Acceptances, BA Equivalent Loans and CDOR Loans will not be issued with a maturity date later than the Maturity Date. The Borrower may convert all or any portion of the Outstanding Principal Amount under Facility A in the form of any above Availment Option into another form of Availment Option, subject to and in accordance with the terms and conditions of this Agreement (but for greater certainty, Bankers’ Acceptances. BA Equivalent Loans and CDOR Loans may not be converted into another Availment Option prior to the maturity thereof).

Availment Options. Subject to the restrictions contained in this Agreement (and in particular, Sections 5.02 and 5.03), the Borrower may receive Advances under Facility A by any one or more of the following Availment Options (or any combination thereof): (a) Prime-Based Loans; or (b) Bankers' ’ Acceptances from BA Lenders with a maturity between 28 and 182 days (inclusive), subject to availability; or (c) BA Equivalent Loans from Non-BA Lenders with a maturity between 28 and 182 days (inclusive), subject to availability; or (d) CDOR Loans with a CDOR Period of one (1), three (3) or six (6) months, subject to availability; or (e) Letters of Credit, subject to Section 2.08. Bankers' ’ Acceptances, BA Equivalent Loans and CDOR Loans will not be issued with a maturity date later than the Maturity Date. The Borrower may convert all or any portion of the Outstanding Principal Amount under Facility A in the form of any above Availment Option into another form of Availment Option, subject to and in accordance with the terms and conditions of this Agreement (but for greater certainty, Bankers’ Acceptances. BA Equivalent Loans and CDOR Loans may not be converted into another Availment Option prior to the maturity thereof).

Availment Options. Subject to the restrictions contained in this Agreement (and in particular, Sections 5.02 and 5.03), the Borrower may receive Advances under each Non-Revolving Facility A by any one or more of the following Availment Options (or any combination thereof): (a) Prime-Based Loans; or (b) Bankers' ’ Acceptances from BA Lenders with a maturity between 28 and 182 days (inclusive), subject to availability; or (c) BA Equivalent Loans from Non-BA Lenders with a maturity between 28 and 182 days (inclusive), subject to availability; or (d) CDOR Loans with a CDOR Period of one (1), three (3) or six (6) months, subject to availability; or (e) Letters of Credit, subject to Section 2.08. Bankers' ’ Acceptances, BA Equivalent Loans and CDOR Loans will not be issued with a maturity date later than the Maturity Date. The Borrower may convert all or any portion of the Outstanding Principal Amount under any Non-Revolving Facility A in the form of any above Availment Option into another form of Availment Option, subject to and in accordance with the terms and conditions of this Agreement (but for greater certainty, Bankers’ Acceptances. BA Equivalent Loans and CDOR Loans may not be converted into another Availment Option prior to the maturity thereof).