Type of Advances Sample Clauses
Type of Advances. Each Borrowing shall consist of Advances of the same Type made on the same day to the same Borrower by the Lenders ratably according to their respective Commitments.
Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. Each request for a LIBOR Advance shall be in multiples of $100,000, with a minimum request of at least $500,000. LIBOR Advances shall not be available during Default Periods.
Type of Advances. Each Advance shall be funded as a Floating Rate Advance.
Type of Advances. Each Borrowing shall consist of Advances of the same Type made on the same day by the Lenders ratably according to their respective Commitments. Within the limits of each Lender’s Commitment and subject to Section 2.1 and this Section 2.2, any Borrower may borrow under this Section 2.2, prepay pursuant to Section 2.10 or repay pursuant to Section 2.4 and reborrow under this Section 2.2.
Type of Advances. Each Syndicated Borrowing of a Class shall be denominated in a single Currency as the Borrower may request in accordance herewith.
Type of Advances. Advances shall be denominated in Dollars.
Type of Advances. Each Advance shall be funded as either a loating Rate Advance or a LIBO Rate Advance, as the Parent Borrower shall specify in the related notice of borrowing or notice of conversion pursuant to this Subsection (a) or Section 2.4(a), provided that during Default Periods, no LIBO Rate Advances shall be made. Floating Rate Advances and LIBO Rate Advances may be outstanding at the same time. Each request for a LIBO Rate Advance shall be in an amount equal to $500,000 or a higher integral multiple of $250,000.
Type of Advances. Advances hereunder are distinguished by "Type". The Type of an Advance refers to the determination whether such Advance is a LIBOR Rate Advance or an Alternate Base Rate Advance.
Type of Advances. Subject to Section 2.13, each Syndicated Borrowing shall be constituted entirely of Federal Funds Advances or of Eurocurrency Advances denominated in a single Currency as the Borrower may request in accordance herewith. Each Swingline Advance shall be a Federal Funds Advance. Each Federal Funds Advance (whether a Syndicated Advance or a Swingline Advance) shall be denominated in Dollars. Each Lender at its option may make any Eurocurrency Advance by causing any domestic or foreign branch or Affiliate of such Lender to make such Advance; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Advance in accordance with the terms of this Agreement.
Type of Advances. Each Advance shall be funded as either a Floating Rate Advance or a LIBOR Advance, as the Borrower shall specify in a request delivered to the Lender conforming to the requirements of Section 2.2(b); Floating Rate Advances and LIBOR Advances may be outstanding at the same time. The initial request for a LIBOR Advance shall be in an amount not less than $2,000,000. Each subsequent request for a LIBOR Advance shall be in multiples of $500,000, with a minimum request of at least $500,000; provided, however, the Borrower shall be permitted to request and have one, but not more than one, LIBOR Advance in an amount of not less than $200,000 outstanding at any time. LIBOR Advances shall not be available during Default Periods.