Common use of Competitive Revolving Loans Clause in Contracts

Competitive Revolving Loans. During the Commitment Period, any Borrower or Borrowers may request the Revolving Lenders to submit offers to make loans, issue letters of credit or bank guaranties, or make other financial accommodations (collectively, the “Competitive Revolving Loans”) in Dollars, Available Foreign Currencies or Alternative Foreign Currencies; provided that (i) the aggregate principal amount of Competitive Revolving Loans shall not exceed TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000) (as such amount may be decreased in accordance with the provisions hereof, the “Competitive Revolving Loan Maximum Amount”), (ii) with respect to each Borrower, the aggregate principal amount of Revolving Obligations owing by such Borrower shall not exceed its Designated Borrowing Limit, and (iii) with respect to the Revolving Lenders collectively, (A) the aggregate principal amount of Revolving Obligations shall not exceed the Aggregate Revolving Committed Amount and (B) the aggregate principal amount of Revolving Obligations in Foreign Currencies shall not exceed the Aggregate Foreign Revolving Committed Amount. Competitive Revolving Loans may be comprised of Eurocurrency Margin Bid Loans and Absolute Rate Loans, or a combination thereof, as the applicable Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. There shall not be more than twenty separate Competitive Revolving Loans outstanding at any time.

Competitive Revolving Loans. During the Commitment Period, any a Borrower or Borrowers may request the Revolving Lenders to submit offers to make loans, issue letters of credit or bank guaranties, or make other financial accommodations (collectively, the “"Competitive Revolving Loans”") in Dollars, Available Foreign Currencies or Alternative Foreign Currencies; provided that (i) the aggregate principal amount of Competitive Revolving Loans shall not exceed TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000) (as such amount may be decreased in accordance with the provisions hereof, the “"Competitive Revolving Loan Maximum Amount”"), (ii) with respect to each Borrower, the aggregate principal amount of Revolving Obligations owing by such Borrower shall not exceed its Designated Borrowing Limit, and (iii) with respect to the Revolving Lenders collectively, (A) the aggregate principal amount of Revolving Obligations shall not exceed the Aggregate Revolving Committed Amount and (B) the aggregate principal amount of Revolving Obligations in Foreign Currencies shall not exceed the Aggregate Foreign Revolving Committed Amount. Competitive Revolving Loans may be comprised of Eurocurrency Margin Bid Loans and Absolute Rate Loans, or a combination thereof, as the applicable Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. There shall not be more than twenty separate Competitive Revolving Loans outstanding at any time.

Competitive Revolving Loans. During the Commitment Period, any Borrower or Borrowers may request the Revolving Lenders to submit offers to make loans, issue letters of credit or bank guaranties, or make other financial accommodations (collectively, the “Competitive Revolving Loans”) in Dollars, Available Foreign Euros, Alternative Currencies or Alternative Foreign Currenciesother currencies; provided that (i) the aggregate principal amount of Competitive Revolving Loans shall not exceed TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000) (as such amount may be decreased in accordance with the provisions hereof, the “Competitive Revolving Loan Maximum Amount”), and (ii) with respect to each Borrower, the aggregate principal amount Outstanding Amount of Multi-Currency Revolving Loan Obligations owing by such Borrower shall not exceed its Designated Borrowing Limit, and (iii) with respect to plus the Outstanding Amount of Competitive Revolving Lenders collectively, (A) the aggregate principal amount of Revolving Obligations Loans shall not exceed the Aggregate Revolving Committed Amount and (B) the aggregate principal amount of Revolving Obligations in Foreign Currencies shall not exceed the Aggregate Foreign Multi-Currency Revolving Committed Amount. Competitive Revolving Loans may be comprised of Eurocurrency Fixed LIBOR Margin Bid Loans and Absolute Rate Loans, or a combination thereof, as the applicable Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. There shall not be more than twenty five separate Competitive Revolving Loans outstanding at any time.

Competitive Revolving Loans. During the Commitment Period, any Borrower or Borrowers may request the Revolving Lenders to submit offers to make loans, issue letters of credit or bank guaranties, or make other financial accommodations (collectively, the “Competitive Revolving Loans”) in Dollars, Available Foreign Euros, Alternative Currencies or Alternative Foreign Currenciesother currencies; provided that (i) the aggregate principal amount Outstanding Amount of Competitive Revolving Loans shall not exceed TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000200,000,000) (as such amount may be decreased in accordance with the provisions hereof, the “Competitive Revolving Loan Maximum Amount”), and (ii) with respect to each Borrower, the aggregate principal amount Outstanding Amount of USD Revolving Loan Obligations owing by such Borrower shall not exceed its Designated Borrowing Limit, and (iii) with respect to plus the Outstanding Amount of Competitive Revolving Lenders collectively, (A) the aggregate principal amount of Revolving Obligations Loans shall not exceed the Aggregate Revolving Committed Amount and (B) the aggregate principal amount of Revolving Obligations in Foreign Currencies shall not exceed the Aggregate Foreign USD Revolving Committed Amount. Competitive Revolving Loans may be comprised of Eurocurrency Fixed LIBOR Margin Bid Loans and Absolute Rate Loans, or a combination thereof, as the applicable Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. There shall not be more than twenty five separate Competitive Revolving Loans outstanding at any time.