Common use of The Competitive Loans Clause in Contracts

The Competitive Loans. Subject to the terms and conditions of this Agreement, the Borrower may borrow Competitive Loans in Dollars from time to time on any Business Day during the period from the date hereof through the date 14 days prior to the Termination Date; provided, that in no event may Competitive Loans be borrowed hereunder if, after giving effect thereto the aggregate principal amount of Loans then outstanding would exceed the aggregate Commitments then in effect. Within the limits and on the conditions herein set forth with respect to Competitive Loans, the Borrower from time to time may borrow, repay and reborrow Competitive Loans.

The Competitive Loans. Subject to the terms and conditions of this Agreement, the each Borrower may borrow Competitive Loans in Dollars from time to time during the Competitive Loan Borrowing Period on any Business Day during the period from the date hereof through the date 14 days prior to the Termination Date; Day, provided, that in no event may Competitive Loans be borrowed hereunder if, after giving effect thereto thereto, the aggregate principal amount of Loans then outstanding would exceed the aggregate amount of the Revolving Credit Commitments then in effectat such time. Within the limits and on the conditions herein hereinafter set forth with respect to Competitive Loans, the each Borrower from time to time may borrow, repay and reborrow Competitive Loans.