Common use of Maximum Borrowings Clause in Contracts

Maximum Borrowings. More than one Borrowing may be incurred by the Borrowers on any day; provided, however, that (i) if there are two or more Borrowings on a single day by the Borrowers that consist of LIBOR Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than (A) three Borrowings of LIBOR Loans outstanding under the Dutch Credit Facility or (B) six Borrowings of LIBOR Loans outstanding under the U.S. Credit Facility.