Common use of The Money Market Option Clause in Contracts

The Money Market Option. In addition to Committed Borrowings pursuant to Section 2.1, the Borrower may, as set forth in this Section, request the Banks during the Revolving Credit Period to make offers to make Money Market Loans to the Borrower; provided, that the aggregate outstanding principal amount of Loans, plus the aggregate outstanding amount of L/C Obligations, shall not exceed at any time the aggregate amount of the Commitments. The Banks 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.

The Money Market Option. In addition to Committed Borrowings pursuant to Section 2.1, but within the limitations of the Commitments as contemplated by Section 3.2(b), the Borrower may, as set forth in this Section, request (but is not obligated to request) the Banks during Lenders from time to time prior to the Revolving Credit Period Termination Date to make offers to make Money Market Loans to the Borrower; provided, that the aggregate outstanding principal amount of Loans, plus the aggregate outstanding amount of L/C Obligations, shall not exceed at any time the aggregate amount of the Commitments. The Banks mayLenders may make, but shall have no obligation toto make, make such offers and the Borrower maymay accept, but shall have no obligation toto accept, accept any such offers in the manner set forth in this Section.

The Money Market Option. In addition to Committed Borrowings pursuant to Section 2.1, the Borrower may, as set forth in this Section, (on behalf of itself or the applicable Co-Borrower) request the Banks during the Revolving Credit Period to make offers to make Money Market Loans in Dollars or any Alternate Currency to the Borrower or the applicable Co-Borrower; provided, that the aggregate outstanding principal amount of Loans, plus the aggregate outstanding amount of L/C Obligations, shall not exceed at any time the aggregate amount of the Commitments. The Banks may, but shall have no obligation to, make such offers and the Borrower maymay (on behalf of itself or the applicable Co-Borrower), but shall have no obligation to, accept any such offers in the manner set forth in this Section.

The Money Market Option. In addition to Committed Syndicated Borrowings pursuant to Section 2.12.01 and, subject to subsection (b) below irrespective of the amount of a Bank's or any other Bank's Commitment, the Borrower may, as set forth in this SectionSection 2.03, request the Banks during the Revolving Credit Period to make offers to make Money Market Loans to the Borrower; provided, that Borrower from time to time during the aggregate outstanding principal amount of Loans, plus period from and including the aggregate outstanding amount of L/C Obligations, shall not exceed at any time Effective Date up to but excluding the aggregate amount of the CommitmentsTermination Date. The Banks may, but shall have no obligation to, make such offers and the Borrower may, but shall have no obligation to, accept any such offers offers, in each case in the manner set forth in this Section. 2.

The Money Market Option. In addition to Committed Borrowings pursuant to Section 2.1, the Borrower may, as set forth in this Section, request the Banks during prior to the Revolving Credit Period Termination Date to make offers to make Money Market Loans in United States Dollars to the Borrower; provided, provided that the aggregate outstanding principal amount of Loans, plus the aggregate all Committed Loans and Money Market Loans at any one time outstanding amount of L/C Obligations, shall not exceed at any time the aggregate amount Commitments of all the CommitmentsBanks at such time. The Banks 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.