Common use of Non-Rata Revolving Loans Clause in Contracts

Non-Rata Revolving Loans. Any Borrower may from time to time, on any Business Day prior to the Commitment Termination Date, request that any Lender make a Loan (relative to such Lender, a "Non-Rata Revolving Loan") denominated in any Available Currency. The Borrower shall make such request to the applicable office of such Lender set forth on Schedule II or to such other office as a Lender may notify the Borrowers pursuant to Section 11.2. Such Lender may in its sole and absolute discretion agree to make or not make such Non-Rata Revolving Loan, it being understood and agreed that the Lenders' Commitments only require the making by them of Pro-Rata Revolving Loans and participation in or issuance of Pro-Rata Letters of Credit (subject to the terms and conditions contained herein). Except as otherwise provided herein and subject in each case to the satisfaction of the applicable conditions precedent set forth in Sections 6.1 and 6.2 hereof, each Non-Rata Revolving Loan shall be made on the terms and conditions agreed to between the relevant Borrower and the relevant Lender; provided, however, that the Obligations of Micro with respect to each Pro-Rata Credit Extension shall rank pari passu with the Obligations of each Borrower with respect to each Non-Rata Revolving Loan.

Non-Rata Revolving Loans. Any Borrower may from time to time, on any Business Day prior to the Commitment Termination Date, request that any Lender make a Loan under this Agreement (relative to such Lender, a "NonNON-Rata Revolving LoanRATA REVOLVING LOAN") denominated in any Available CurrencyDollars or Canadian Dollars. The Borrower shall make such request to the applicable office of such Lender set forth on Schedule II that Lender's signature page to this Agreement or to such other office as a Lender may notify the Borrowers pursuant to Section SECTION 11.2. Such Lender may in its sole and absolute discretion agree to make or not make such Non-Rata Revolving Loan, it being understood and agreed that the Lenders' Commitments only require the making by them of Pro-Rata Revolving Loans and Loans, participation in or issuance of Pro-Rata Letters of Credit Credit, and create Bankers' Acceptance (subject to the terms and conditions contained herein). Except as otherwise provided herein and subject in each case to the satisfaction of the applicable conditions precedent set forth in Sections SECTIONS 6.1 and 6.2 hereof, each Non-Rata Revolving Loan shall be made on the terms and conditions agreed to between the relevant Borrower and the relevant Lender; provided, however, provided that the direct and contingent Obligations of Micro each Borrower with respect to each Pro-Rata Credit Extension shall rank pari passu with the direct and contingent Obligations of each Borrower with respect to each Non-Rata Revolving Loan.

Non-Rata Revolving Loans. Any Borrower may from time to time, on any Business Day prior to the Commitment Termination Date, request that any Lender make a Loan under this Agreement (relative to such Lender, a "NonNON-Rata Revolving LoanRATA REVOLVING LOAN") denominated in any Available Currency. The Borrower shall make such request to the applicable office of such Lender set forth on Schedule II that Lender's signature page to this Agreement or to such other office as a Lender may notify the Borrowers pursuant to Section SECTION 11.2. Such Lender may in its sole and absolute discretion agree to make or not make such Non-Rata Revolving Loan, it being understood and agreed that the Lenders' Commitments only require the making by them of Pro-Rata Revolving Loans and participation in or issuance of Pro-Rata Letters of Credit (subject to the terms and conditions contained herein). Except as otherwise provided herein and subject in each case to the satisfaction of the applicable conditions precedent set forth in Sections SECTIONS 6.1 and 6.2 hereof, each Non-Rata Revolving Loan shall be made on the terms and conditions agreed to between the relevant Borrower and the relevant Lender; provided, however, provided that the direct and contingent Obligations of Micro each Primary Borrower with respect to each Pro-Rata Credit Extension shall rank pari passu with the that Primary Borrower's direct and contingent Obligations of each Borrower with respect to each Non-Rata Revolving LoanLoan to each Borrower.