The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Competitive Bid Loans to the Company. The Banks may, but shall have no obligation to, make such offers and the Company may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 4 contracts
Sources: Credit Agreement (Rockwell Collins Inc), Credit Agreement (Rockwell Automation Inc), Credit Agreement (Rockwell Automation Inc)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company may, as set forth in this SectionSection 2.03, request the Banks during the Revolving Credit Period to make offers to make Competitive Bid Loans to the Company. The Banks may, but shall have no obligation to, make such offers and the Company may, but shall have no obligation to, accept any such offers in the manner set forth in this SectionSection 2.03.
Appears in 3 contracts
Sources: Credit Agreement (Rockwell Collins Inc), Credit Agreement (Rockwell Collins Inc), Credit Agreement (Rockwell Collins Inc)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company Borrower may, as set forth in this Section, request the Banks during prior to the Revolving Credit Period Termination Date to make offers to make Competitive Bid Loans to the CompanyBorrower. The Banks may, but shall have no obligation to, make such offers and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 3 contracts
Sources: Credit Agreement (Clorox Co /De/), Credit Agreement (Clorox Co /De/), Credit Agreement (Clorox Co /De/)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, 2.01 the Company Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period Lenders to make offers to make Competitive Bid Loans to the CompanyBorrower from time to time during the Revolving Credit Period. The Banks Lenders may, but shall have no obligation to, make such offers and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 3 contracts
Sources: Credit Agreement (Marathon Oil Corp), Credit Agreement (Marathon Oil Corp), Credit Agreement (Marathon Oil Corp)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.012.01(a), the Company each Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Competitive Bid Loans to such Borrower from time to time during the CompanyRevolving Credit Period. The Banks may, but shall have no obligation to, make such offers and the Company such Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 3 contracts
Sources: Credit Agreement (Consolidated Edison Inc), Credit Agreement (Consolidated Edison Inc), Credit Agreement (Consolidated Edison Inc)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Competitive Bid Loans to the CompanyBorrower from time to time during the Revolving Credit Period. The Banks may, but shall have no obligation to, make such offers and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 2 contracts
Sources: Credit Agreement (Textron Financial Corp), 364 Day Credit Agreement (Textron Financial Corp)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company Borrower may, as set forth in this Section, request the Banks during prior to the Revolving Credit Period latest Termination Date to make offers to make Competitive Bid Loans to the CompanyBorrower. The Banks may, but shall have no obligation to, make such offers and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 2 contracts
Sources: Credit Agreement (Clorox Co /De/), Credit Agreement (Clorox Co /De/)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company Borrower may, as set forth in this Section, request the Banks Revolving Lenders during the Revolving Credit Period to make offers to make Competitive Bid Loans to the CompanyBorrower. The Banks Revolving Lenders may, but shall have no obligation to, make such offers and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period Lenders to make offers to make Competitive Bid Loans in Dollars to the CompanyBorrower from time to time during the Revolving Credit Period. The Banks Lenders may, but shall have no obligation to, make such offers and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section Section 2.01, the Company may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Competitive Bid Loans to the Company. The Banks may, but shall have no obligation to, make such offers and the Company may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company may, as set forth in this Section, request the Banks during the Revolving Credit Period Lenders to make offers to make Competitive Bid Loans to any of the CompanyBorrowers. The Banks Lenders may, but shall have no obligation to, make such offers and the Company may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Sources: Credit Agreement (Allergan Inc)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company Borrower may, as set forth in this Section, request the Banks Lenders during the Revolving Credit Period to make offers to make Competitive Bid Loans in Dollars to the CompanyBorrower. The Banks Lenders may, but shall have no obligation to, make such offers and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Sources: 364 Day Credit Agreement (Estee Lauder Companies Inc)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Competitive Bid Loans to the CompanyBorrower from time to time prior to the Termination Date. The Banks may, but shall have no obligation to, make such offers and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Sources: Credit Agreement (Pacificorp /Or/)
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company may, as set forth in this SectionSection 2.03, request the Banks Lenders during the Revolving Credit Period to make offers to make Competitive Bid Loans to the Company. The Banks Lenders may, but shall have no obligation to, make such offers and the Company may, but shall have no obligation to, accept any such offers in the manner set forth in this SectionSection 2.03.
Appears in 1 contract
The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, the Company Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Competitive Bid Loans to the CompanyBorrower from time to time during the Revolving Credit Period. The Banks may, but shall have no obligation to, make such offers offers. and the Company Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Sources: Credit Agreement (Blyth Inc)