Common use of Competitive Loans Clause in Contracts

Competitive Loans. In addition to Revolving Loans, the Company may from time to time during the Revolving Credit Period request the Lenders to make offers to make Competitive Loans to the Company as set forth in Section 3.03. The 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; provided that the aggregate principal amount of all Loans shall not at any time exceed the aggregate amount of the Commitments, as reduced from time to time pursuant to Section 2.02 hereof.