(d). The Borrower shall be under no obligation to accept any Competitive Bid and may choose to reject all Competitive Bids. In the case of acceptance, such notice shall specify the aggregate principal amount of Competitive Bids for each Interest Period that is accepted. The Borrower may accept any Competitive Bid in whole or in part; provided that:
Appears in 13 contracts
Samples: Credit Agreement (Devon Energy Corp/De), Credit Agreement (Camden Property Trust), Credit and Term Loan Agreement (DCT Industrial Trust Inc.)
(d). The No Borrower shall be under no any obligation to accept any Competitive Bid and may choose to reject all Competitive Bids. In the case of acceptance, such notice shall specify the aggregate principal amount of Competitive Bids for each Interest Period that is accepted. The Borrower Borrowers may accept any Competitive Bid in whole or in part; provided that:
Appears in 2 contracts
Samples: Credit Agreement (Alexander & Baldwin, Inc.), Credit Agreement (Alexander & Baldwin, Inc.)