The Discounted Notes. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to purchase Discounted Notes denominated in US Dollars from Holdings from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate Face Amount for each such Discounted Note not to exceed such Lender's Unused Commitment on such Business Day. Each Revolving Credit Borrowing comprised of Discounted Notes shall be in an aggregate Face Amount of not less than $10,000,000 and shall consist of Discounted Notes purchased on the same day by the Lenders according to their respective Pro Rata Shares of such Revolving Credit Borrowing. Within the limits of each Lender's Unused Commitment, Holdings may borrow under this Section 2.01(b), repurchase pursuant to Section 2.09 and reborrow under this Section 2.01(b).
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Samples: 364 Day Credit Agreement (Black & Decker Corp), Credit Agreement (Black & Decker Corp), 364 Day Credit Agreement (Black & Decker Corp)
The Discounted Notes. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to purchase Discounted Notes denominated in US Dollars from Holdings from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate Face Amount for each such Discounted Note not to exceed such Lender's Unused Commitment on such Business Day. Each Revolving Credit Borrowing comprised of Discounted Notes shall be in an aggregate Face Amount of not less than $10,000,000 and shall consist of Discounted Notes purchased on the same day by the Lenders according to their respective Pro Rata Shares of such Revolving Credit Borrowing. Within the limits of each Lender's Unused Commitment, Holdings may borrow under this Section 2.01(b), repurchase pursuant to Section 2.09 2.10 and reborrow under this Section 2.01(b).
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