Common use of Type and Number of Advances Clause in Contracts

Type and Number of Advances. Any Advance, other than a Swing Line Advance, shall, at the option of the Borrower as provided in Section 2.2 hereof (and, in the case of LIBOR Advances, subject to the provisions of Article 9 hereof), be made as a Base Rate Advance or a LIBOR Advance; provided that there shall not be outstanding, at any one time, more than ten Interest Periods for LIBOR Advances.

Type and Number of Advances. Any Advance, other than a Swing Line Advance, shall, at the option of the Borrower as provided in Section 2.2 hereof (and, in the case of LIBOR Advances, subject to availability and to the provisions of Article 9 hereof), be made as a Base Rate Advance or a LIBOR Advance; provided that there shall not be outstandingoutstanding to any Lender, at any one time, more than ten Interest Periods for LIBOR Advances.