Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any 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. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 4 contracts
Samples: Credit Agreement (Gillette Co), Credit Agreement (Gillette Co), Credit Agreement (Gillette Co)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the 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 the Borrower. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 2 contracts
Samples: Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Dean Foods Co)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any Borrower 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 such Borrowerany of the Borrowers. The Banks may, but shall have no obligation to, make such offers and the Borrower Company may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 2 contracts
Samples: Credit Agreement (Allergan Inc), Credit Agreement (Allergan Inc)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any Borrower 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 such Borrowerthe Company. The Banks may, but shall have no obligation to, make such offers and the Borrower Company may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 2 contracts
Samples: Day Credit Agreement (New Rockwell Collins Inc), Credit Agreement (New Rockwell Collins Inc)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any 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 to such Borrower. The Banks Lenders may, but shall have no obligation to, make such offers and the a Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 2 contracts
Samples: Credit Agreement (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the 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 such Borrowerthe Borrower from time to time during the Revolving Credit Period. The Banks Lenders may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 2 contracts
Samples: Credit Agreement (United States Steel Corp), Credit Agreement (Neiman Marcus Group Inc)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings Loans pursuant to Section 2.01, any a Borrower may, as set forth in this Section, request the Banks during from time to time prior to the Revolving Credit Period Termination Date to make offers to make Competitive Bid Loans to such Borrower. The Banks may, but shall have no obligation to, make such offers and the relevant Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 2 contracts
Samples: Credit Agreement (Heinz H J Co), Assignment and Assumption Agreement (Heinz H J Co)
Competitive Bid Borrowings. (a) a The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the 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 Borrowerthe Borrower from time to time during the Revolving Credit Period. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Samples: Agreement (Trigon Healthcare Inc)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any Borrower 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 such Borrowerthe Company. The Banks may, but shall have no obligation to, make such offers and the Borrower Company may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.. (b)
Appears in 1 contract
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the 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 such the Borrower. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.. (b)
Appears in 1 contract
Samples: Credit Agreement (Clorox Co /De/)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the 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 or in Canadian Dollars to such Borrowerthe Borrower from time to time during the Revolving Credit Period. The Banks Lenders may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Samples: Credit Agreement (Praxair Inc)
Competitive Bid Borrowings. (a) a The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the 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 the Borrower. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the 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 Borrowerthe Borrower from time to time prior to the Termination Date. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Samples: Credit Agreement (Pacificorp /Or/)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any a Borrower may, as set forth in this Section, request the Banks during from time to time prior to the Revolving Credit Period Termination Date to make offers to make Competitive Bid Loans to such Borrower. The Banks may, but shall have no obligation to, make such offers and the relevant Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Samples: Credit Agreement (Heinz H J Co)
Competitive Bid Borrowings. (a) The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Competitive Bid Loans in Dollars to such Borrowerthe Borrower from time to time during the Revolving Credit Period. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.
Appears in 1 contract
Competitive Bid Borrowings. (a) a The Competitive Bid Option. In addition to Committed Borrowings pursuant to Section 2.01, any the 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. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section.from time to time during the
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Trigon Healthcare Inc)
