Common use of BORROWING RIGHTS AND RESTRICTIONS Clause in Contracts

BORROWING RIGHTS AND RESTRICTIONS. Subject to the terms and conditions of this Agreement, during the Commitment Period each Lender will make a Loan or Loans to the Company, pursuant to this Section 2.1A, in such amount or amounts as the Company may request from time to time but not exceeding in aggregate principal amount, at any one time outstanding hereunder, the Commitment of such Lender. Subject to the provisions of this Agreement, the Company shall be entitled under this Paragraph A to borrow funds, repay the same in whole or in part, and reborrow hereunder at any time and from time to time during the Commitment Period. Each Loan made under this Paragraph A shall be made pro-rata according to the Lenders' respective Commitments.

Appears in 4 contracts

Samples: Day Revolving Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co)

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