Common use of Maturity of Competitive Loans Clause in Contracts

Maturity of Competitive Loans. Each Competitive Loan shall mature ----------------------------- and be due and payable in full on the last day of the Interest Period applicable thereto. Unless the Borrower shall give notice to the Administrative Agent otherwise, the Borrower shall be deemed to have requested a Revolving Loan borrowing in the amount of the maturing Competitive Loan, the proceeds of which will be used to repay such Competitive Loan.

Maturity of Competitive Loans. Each Competitive Loan shall mature ----------------------------- and be due and payable in full on the last day of the Interest Period applicable thereto. Unless the Borrower shall give notice to the Administrative Agent otherwise, the Borrower shall be deemed to have requested a Revolving Loan borrowing in the amount of the maturing Competitive Loan, the proceeds of which will be used to repay such Competitive Loan.

Maturity of Competitive Loans. Each Competitive Loan shall mature ----------------------------- and be due and payable in full on the last day of the Interest Period applicable thereto. Unless the Borrower shall give notice to the Administrative Agent otherwise, the Borrower shall be deemed to have requested a Revolving Base Rate Loan borrowing in the amount of the maturing Competitive Loan, the proceeds of which will be used to repay such Competitive Loan.

Maturity of Competitive Loans. Each Competitive Loan shall mature ----------------------------- and be due and payable in full on the last day of the Interest Period applicable thereto. Unless the Borrower Xxxx shall give notice to the Administrative Agent otherwise, the Borrower Xxxx shall be deemed to have requested a Revolving Loan borrowing in the amount of the maturing Competitive Loan, the proceeds of which will be used to repay such Competitive Loan.