Type of Loan. (i) Each Advance by an Issuer shall initially be funded by the issuance of Commercial Paper Notes by such Issuer. (ii) Each Advance by a Bank shall be either a Base Rate Advance or a Eurodollar Advance, as determined pursuant to Section 2.15(b).
Appears in 3 contracts
Samples: Loan Agreement (Lennar Corp /New/), Loan Agreement (Pulte Homes Inc/Mi/), Loan Agreement (Pulte Homes Inc/Mi/)
Type of Loan. (i) Each Advance by an the Issuer shall initially be funded by the issuance of Commercial Paper Notes commercial paper by such the Issuer.
(ii) Each Advance by a Bank shall be either a Base Rate Advance or a Eurodollar Advance, as determined pursuant to Section 2.15(b).
Appears in 2 contracts
Samples: Loan Agreement (American Home Mortgage Investment Corp), Loan Agreement (Horton D R Inc /De/)
