The Competitive Bid Option. In addition to the Five-Year Loans that may be made available pursuant to Section 2.1, the Borrower may, as set forth in this Section 2.3, request the Lenders to make offers to make Competitive Loans to the Borrower. The Lenders may, but shall have no obligation to, make such offers, and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.3.
Appears in 7 contracts
Samples: Competitive Advance and Revolving Credit Agreement (Tegna Inc), Competitive Advance and Revolving Credit Agreement (Tegna Inc), Competitive Advance and Revolving Credit Agreement (Tegna Inc)
The Competitive Bid Option. In addition to the Five-Year Loans that may be made available Committed Borrowings pursuant to Section 2.12.01, the Borrower may, as set forth in this Section 2.3Section, request the Lenders during the Revolving Credit Period to make offers to make Competitive Bid Loans to the Borrower. The Lenders may, but shall have no obligation to, make such offers, offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.3Section.
Appears in 4 contracts
Samples: Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc), Credit Agreement (Martin Marietta Materials Inc)
The Competitive Bid Option. In addition to the Five-Year Loans that may be made available Committed Borrowings pursuant to Section 2.12.01, the any Borrower may, as set forth in this Section 2.3Section, request the Lenders during the Revolving Credit Period to make offers to make Competitive Bid Loans to the such Borrower. The Lenders may, but shall have no obligation to, make such offers, offers and the a Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.3Section.
Appears in 3 contracts
Samples: Credit Agreement (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc), Credit Agreement (Estee Lauder Companies Inc)
The Competitive Bid Option. In addition to the Five-Year Revolving Credit Loans that which may be made available pursuant to Section subsection 2.1, the Borrower may, as set forth in this Section subsection 2.3, request the Lenders to make offers to make Competitive Loans to the BorrowerBorrower during the Commitment Period. The Lenders may, but shall have no obligation to, make such offers, and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section subsection 2.3.
Appears in 2 contracts
Samples: 364 Day Competitive Advance and Revolving Credit Facility (Delphi Automotive Systems Corp), Competitive Advance and Revolving Credit Facility (Delphi Automotive Systems Corp)
The Competitive Bid Option. In addition to the Five-Year Loans that may be made available Committed Borrowings pursuant to Section 2.12.01(a), the each Borrower may, as set forth in this Section 2.3Section, request the Lenders to make offers to make Competitive Bid Loans to such Borrower from time to time during the BorrowerRevolving Credit Period. The Lenders may, but shall have no obligation to, make such offers, offers and the such Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.3Section.
Appears in 1 contract
The Competitive Bid Option. In addition to the Five-Year Loans that may be made available Committed Borrowings pursuant to Section 2.12.01, the Borrower may, as set forth in this Section 2.3Section, request the Lenders to make offers to make Competitive Bid Loans to the BorrowerBorrower from time to time during the Revolving Credit Period. The Lenders may, but shall have no obligation to, make such offers, offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section 2.3Section.
Appears in 1 contract
