Common use of Types of Borrowing Clause in Contracts

Types of Borrowing. The term “Borrowing” denotes (i) the aggregation of Loans made or to be made to the Borrower pursuant to Article 2 on the same day, all of which Loans are of the same Type (subject to Article 8) and, except in the case of Base Rate Loans, have the same initial Interest Period or (ii) if the context so requires, the borrowing of such Loans. Borrowings are classified for purposes of this Agreement either (i) by reference to the pricing of Loans comprising such Borrowing (e.g., a “Euro-Dollar Borrowing” is a Borrowing comprised of Euro-Dollar Loans) or (ii) by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “Committed Borrowing” is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “Competitive Bid Borrowing” is a Borrowing under Section 2.03 in which one or more Banks participate on the basis of their bids).

Types of Borrowing. The term “"Borrowing” " denotes (i) the aggregation of Loans made or to be made to the Borrower pursuant to Article 2 on the same day, all of which Loans are of the same Type type (subject to Article 8) and, except in the case of Base Rate Loans, have the same initial Interest Period or (ii) if the context so requires, the borrowing of such Loans. Borrowings are classified for purposes of this Agreement either (i) by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or (ii) by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “"Competitive Bid Borrowing” " is a Borrowing under Section 2.03 in which one or more Banks participate on the basis of their bids).

Types of Borrowing. The term “"Borrowing” " denotes (i) the aggregation of Loans made or to be made to the Borrower pursuant to Article 2 on the same day, all of which Loans are of the same Type (subject to Article 8) and, except in the case of Base Rate Loans, have the same initial Interest Period or (ii) if the context so requires, the borrowing of such Loans. Borrowings are classified for purposes of this Agreement either (i) by reference to the pricing of Loans comprising such Borrowing (e.g., a “"Euro-Dollar Borrowing” " is a Borrowing comprised of Euro-Dollar Loans) or (ii) by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a “"Competitive Bid Borrowing” " is a Borrowing under Section 2.03 in which one or more Banks participate on the basis of their bids). ARTICLE 2 THE CREDITS Section 2.01.

Types of Borrowing. The term “"Borrowing” " denotes (i) the aggregation of Loans made or to be made to the Borrower pursuant to Article 2 on the same day, all of which Loans are of the same Type (subject to Article 8) type and, except in the case of Base Rate Loans, have the same initial Interest Period or (ii) if the context so requires, the borrowing of such Loans. Borrowings are classified for purposes of this Agreement either (i) by reference to the pricing of Loans comprising such Borrowing (e.g., a “Euro-Dollar "Eurodollar Borrowing” " is a Borrowing comprised of Euro-Dollar Eurodollar Loans) or (ii) by reference to the provisions of Article 2 under which participation therein is determined (i.e., a “"Committed Borrowing” " is a Borrowing under Section 2.01 in which all Banks Lenders participate in proportion to their Commitments, while a “"Competitive Bid Borrowing” " is a Borrowing under Section 2.03 in which one or more Banks Lenders participate on the basis of their bids).