Common use of Competitive Bid Option Clause in Contracts

Competitive Bid Option. In addition to Ratable Advances pursuant ------------------------ to Section 2.2, but subject to the terms and conditions of this Agreement ------------ (including, without limitation, the limitation set forth in Section 2.1.2 as ------------- as to the maximum aggregate principal amount of all outstanding Advances and Facility Letter of Credit Obligations hereunder), prior to the Facility Termination Date the Borrower may, as set forth in this Section 2.3, request the ----------- Lenders to make offers to make Competitive Bid Advances to the Borrower. Each Lender may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.

Competitive Bid Option. In addition to Ratable ---------------------- Advances pursuant ------------------------ to Section 2.2, but subject to the terms and conditions of ----------- this Agreement ------------ (including, without limitation, the limitation set forth in Section 2.1.2 as ------------- as to the maximum aggregate principal amount of all outstanding ------------- Advances and Facility Letter of Credit Obligations hereunder), prior to the Facility Termination Date the Borrower may, as set forth in this Section 2.3, ----------- request the ----------- Lenders to make offers to make Competitive Bid Advances to the Borrower. Each Lender may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.

Competitive Bid Option. In addition to Ratable Advances pursuant ------------------------ to Section 2.2, but subject to the terms and conditions of this Agreement ------------ (including, without limitation, the limitation set forth in Section 2.1.2 as ------------- as to the maximum aggregate principal amount of all outstanding Advances and Facility Letter hereunder, provided that a Lender may make Competitive Bid Advances in an amount in excess of Credit Obligations hereunderits Commitment), prior to the Facility Termination Date the Borrower may, as set forth in this Section 2.3, request the ----------- Lenders to make offers to make Competitive Bid Advances to the Borrower. Each Lender may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.

Competitive Bid Option. In addition to ---------------------- Ratable Advances pursuant ------------------------ to Section 2.2, but subject to the terms ----------- and conditions of this Agreement ------------ (including, without limitation, the limitation set forth in Section 2.1.2 as ------------- as to the maximum ------------- aggregate principal amount of all outstanding Advances and Facility Letter hereunder, provided that a Lender may make Competitive Bid Advances in an amount in excess of Credit Obligations hereunderits Commitment), prior to the Facility Termination Date the Borrower may, as set forth in this Section ------- 2.3, request the ----------- Lenders to make offers to make Competitive Bid --- Advances to the Borrower. Each Lender may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.