Syndicated Loans. Each Bank severally agrees, on the terms and conditions of this Agreement, to make loans to the Company in Dollars during the period from and including the date hereof to but not including the Commitment Termination Date in an aggregate principal amount at any one time outstanding up to but not exceeding the amount of the Commitment of such Bank as in effect from time to time, provided that the aggregate principal amount of all Syndicated Loans, together with the aggregate principal amount of all Money Market Loans, at one time outstanding shall not exceed the aggregate amount of the Commitments at such time. Subject to the terms and conditions of this Agreement, during such period the Company may borrow, repay and reborrow the amount of the Commitments by means of Alternate Base Rate Loans and Eurodollar Loans; provided that no more than three separate Interest Periods in respect of Eurodollar Loans from each Bank may be outstanding at any one time.
Appears in 4 contracts
Samples: Credit Agreement (Washington Mutual Inc), Credit Agreement (Washington Mutual Inc), Day Credit Agreement (Washington Mutual Inc)
