Types of Borrowings. The term “Borrowing” denotes the aggregation of Loans of one or more Banks to be made to the Company pursuant to Article 2 on a single date, all of which Loans are of the same type (subject to Article 8) and, except in the case of Base Rate Loans, have the same initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “Euro-Dollar Borrowing” is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “Committed Borrowing” is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid Borrowing” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 7 contracts
Sources: Credit Agreement (Rockwell Collins Inc), Credit Agreement (Rockwell Collins Inc), Credit Agreement (Rockwell Collins Inc)
Types of Borrowings. The term “"Borrowing” " denotes the aggregation of Loans of one or more Banks to be made to the Company Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid "Money Market Borrowing” " is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 7 contracts
Sources: Medium Term Credit Agreement (Chubb Corp), 364 Day Credit Agreement (American Stores Co /New/), Credit Agreement (At&t Capital Corp /De/)
Types of Borrowings. The term “"Borrowing” " denotes the aggregation of Loans of one or more Banks to be made to the Company a single Borrower pursuant to Article 2 on a single date, all of which Loans are of the same type (subject to Article 8) and, except in the case of Base Rate Domestic Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid "Money Market Borrowing” " is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 3 contracts
Sources: Credit Agreement (U S West Inc /De/), Credit Agreement (Qwest Communications International Inc), Credit Agreement (U S West Communications Inc)
Types of Borrowings. The term “Borrowing” denotes the aggregation of Loans of one or more Banks to be made to the Company same Borrower pursuant to Article 2 on a single the same date, all of which Loans are of the same type (subject to Article 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “Euro-Dollar Borrowing” is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “Committed Borrowing” is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid Borrowing” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 2 contracts
Sources: Credit Agreement (Heinz H J Co), Credit Agreement (Heinz H J Co)
Types of Borrowings. The term “"Borrowing” " denotes the aggregation of Loans of one or more Banks to be made to the Company Borrower pursuant to Article 2 on a single the same date, all of which Loans are of the same type (subject to Article 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid "Money Market Borrowing” " is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewithbids).
Appears in 1 contract
Sources: Credit Agreement (Venator Group Inc)
Types of Borrowings. The term “"Borrowing” " denotes the aggregation of Loans of to be made by one or more Banks to be made to the Company Borrower pursuant to Article 2 on a single datethe same day, all of which Loans are of the same type (subject to Article 8) 10) and, except in the case of Base Rate Loans, have the same initial Interest Period. Borrowings are classified for purposes of this Agreement either (i) by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or (ii) by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid "Money Market Borrowing” " is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewithbids).
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Types of Borrowings. The term “Borrowing” denotes the aggregation of Loans of one or more Banks to be made to the Company Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “Euro-Dollar Borrowing” is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a “Committed Borrowing” is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid Money Market Borrowing” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewiththerewith and a “Swingline Borrowing” is a Borrowing of Swingline Loans).
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Types of Borrowings. The term “"Borrowing” " denotes the ------------------- aggregation of Loans of one or more Banks to be made to the Company Borrower pursuant to Article 2 II on a single date, date all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Base Rate Loans, have the same initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “---- "Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in ---- which all Banks participate in proportion to their 18 Commitments, while a “Competitive Bid "Money Market Borrowing” " is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 1 contract
Types of Borrowings. The term “"Borrowing” " denotes the aggregation of Loans of one or more Banks to be made to the Company Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid "Money Market Borrowing” " is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewithbids).
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Types of Borrowings. The term “"Borrowing” " denotes the aggregation of Loans of one or more Banks to be made to the Company Borrower pursuant to Article 2 II on a single the same date, all of which Loans are of the same type (subject to Article 8) VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 II under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid "Money Market Borrowing” " is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewiththerewith and a "Swingline Borrowing" is a Borrowing of Swingline Loans).
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Types of Borrowings. The term “Borrowing” "Borrowing denotes the aggregation of Loans of one or more Banks to be made to the Company Borrower pursuant to Article 2 Section 2.01 or 2.03 on a single the same date, all of which Loans are of the same type (subject to Article 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid "Money Market Borrowing” " is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
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