Common use of Ratable Loans; Types of Advances Clause in Contracts

Ratable Loans; Types of Advances. Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The Advances may be Floating Rate Advances or Eurodollar Advances, or a combination thereof, selected by the Borrower in accordance with Sections 2.8 and 2.

Appears in 2 contracts

Samples: Credit Agreement (FDX Corp), Credit Agreement (Lone Star Industries Inc)

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Ratable Loans; Types of Advances. Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The Advances may be Floating Alternate Base Rate Advances or Eurodollar Eurocurrency Advances, or a combination thereof, selected by the Borrower Borrowing Entities in accordance with Sections 2.8 2.3.5 and 22.3.6; PROVIDED, HOWEVER, that there shall not be more than 12 Eurocurrency Advances outstanding at any one time.

Appears in 1 contract

Samples: Credit Agreement (Interim Services Inc)

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Ratable Loans; Types of Advances. Each Advance hereunder shall consist of Loans made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The Advances Any Advance may be a Floating Rate Advances or Eurodollar Advances, Advance or a combination thereofEurodollar Advance, selected by as the Borrower shall select in accordance with Sections 2.8 SECTIONS 2.6 and 2.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Omnicare Inc)

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