Common use of Manner of Borrowing and Payment Clause in Contracts

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Revolving Commitment Percentages of Lenders. Each borrowing of Swing Loans shall be advanced by Swing Loan Lender alone.

Appears in 4 contracts

Samples: Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.), Credit and Security Agreement (ARKO Corp.)

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Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Ratable Shares of Revolving Commitment Percentages Lenders (subject to the express provisions of LendersSection 2.23). Each borrowing of a Swing Loans Loan shall be advanced by the Swing Loan Lender alone.

Appears in 2 contracts

Samples: Security Agreement (UniTek Global Services, Inc.), Security Agreement (UniTek Global Services, Inc.)

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