Common use of NEGOTIATED LOANS Clause in Contracts

NEGOTIATED LOANS. From time to time, the Company may request, through an Authorized Person, and a Bank may, but shall not be obligated to, agree to make, a Loan in U.S. Dollars bearing interest at a rate per annum, and for a fixed period, agreed to by the Relevant Bank and the Company (each, a "Negotiated Loan" and collectively, the "Negotiated Loans").

Appears in 2 contracts

Samples: Multi Year Revolving Credit Agreement (TRW Inc), Multi Year Revolving Credit Agreement (Trans World Airlines Inc /New/)

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NEGOTIATED LOANS. From time to time, the Company may request, through an Authorized Person, and a Bank may, but shall not be obligated to, agree to make, a Loan in U.S. Dollars bearing interest at a rate per annum, and for a fixed period, agreed to by the Relevant Bank and the Company (each, a "Negotiated LoanNEGOTIATED LOAN" and collectively, the "Negotiated LoansNEGOTIATED LOANS").

Appears in 1 contract

Samples: Revolving Credit Agreement (TRW Inc)

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NEGOTIATED LOANS. From time to time, the Company may request, through an Authorized Person, and a Bank may, but shall not be obligated to, agree to make, a Loan in U.S. Dollars bearing interest at a rate per annum, and for a fixed period, agreed to by the Relevant Bank and the Company (each, a "Negotiated NEGOTIATED Loan" and collectively, the "Negotiated LoansNEGOTIATED LOANS").

Appears in 1 contract

Samples: Revolving Credit Agreement (TRW Inc)

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