Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II on the same date, all of which Loans are of the same type (subject to Article VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 7 contracts
Samples: Credit Agreement (At&t Capital Corp /De/), Medium Term Credit Agreement (Chubb Corp), Credit Agreement (At&t Capital Corp /De/)
Types of Borrowings. The term "“Borrowing" ” denotes the aggregation of Loans of one or more Banks to be made to the Borrower Company pursuant to Article II 2 on the same a single date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market “Competitive Bid Borrowing" ” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 6 contracts
Samples: Credit Agreement (Rockwell Collins Inc), Day Credit Agreement (Rockwell Collins Inc), Assignment and Assumption Agreement (Rockwell Collins Inc)
Types of Borrowings. The term "BorrowingBORROWING" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II 2 on the same date, all of which Loans are of the same type (subject to Article VIII) and, except in the case of Base Rate Loans, have the same Interest Period or a single date and for a single initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "EuroBASE RATE BORROWING" is a Borrowing comprised of Base Rate Loans and a "EURO-Dollar BorrowingDOLLAR BORROWING" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article II 2 under which participation therein is determined (i.e., a "Committed BorrowingCOMMITTED BORROWING" is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a "Money Market BorrowingMONEY MARKET BORROWING" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 5 contracts
Samples: Assignment and Assumption Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc)
Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the a single Borrower pursuant to Article II 2 on the same a single date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Domestic Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 3 contracts
Samples: Credit Agreement (U S West Inc /De/), Credit Agreement (Qwest Communications International Inc), Credit Agreement (U S West Communications Inc)
Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II 2 on the same a single date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Domestic Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 2 under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01 2.01(a) in which all Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 3 contracts
Samples: Credit Agreement (U S West Inc /De/), Credit Agreement (Usw-C Inc), Credit Agreement (Us West Inc)
Types of Borrowings. The term "“Borrowing" ” denotes the aggregation of Loans of one or more Banks made or to be made to the Borrower pursuant to Article II 2 on the same a single date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market “Competitive Bid Borrowing" ” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 2 contracts
Samples: Credit Agreement (Pacificorp /Or/), Credit Agreement (Pacificorp /Or/)
Types of Borrowings. The term "BorrowingBORROWING" denotes the aggregation of Loans of one or more Banks to be made to the Borrower Company pursuant to Article II 2 on the same a single date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a "EuroEURO-Dollar BorrowingDOLLAR BORROWING" is a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article II 2 under which participation therein is determined (i.e., a "Committed BorrowingCOMMITTED BORROWING" is a Borrowing under Section 2.01 in which all Banks participate in proportion to their Commitments, while a "Money Market BorrowingCOMPETITIVE BID BORROWING" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 2 contracts
Samples: Day Credit Agreement (New Rockwell Collins Inc), Credit Agreement (New Rockwell Collins Inc)
Types of Borrowings. The term "“Borrowing" ” denotes the aggregation of Loans of one or more Banks to be made to the same Borrower pursuant to Article II 2 on the same date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market “Competitive Bid Borrowing" ” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 2 contracts
Samples: Credit Agreement (Heinz H J Co), Assignment and Assumption Agreement (Heinz H J Co)
Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower Company pursuant to Article II 2 on the same a single date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Domestic Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 2 under which participation therein is determined (i.e., a "Committed Borrowing" is a Borrowing under Section 2.01 2.01(a) in which all Banks participate in proportion to their Commitments, while a "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 2 contracts
Samples: Credit Agreement (U S West Inc /De/), Credit Agreement (U S West Communications Inc)
Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II 2 on the same date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewithbids).
Appears in 1 contract
Samples: Credit Agreement (Venator Group Inc)
Types of Borrowings. The term "Borrowing" Borrowing denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II Section 2.01 or 2.03 on the same date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 1 contract
Types of Borrowings. The term "“Borrowing" ” denotes the aggregation of Loans of one or more Banks to be made to the Borrower Company pursuant to Article II 2 on the same a single date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market “Competitive Bid Borrowing" ” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).. 11
Appears in 1 contract
Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II 2 on the same date, all of which Loans are of the same type (subject to Article VIII) 8) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 1 contract
Types of Borrowings. The term "Borrowing" denotes the ------------------- aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II on the same date, a single date all of which Loans are of the same type (subject to Article VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 18 Commitments, while a "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewith).
Appears in 1 contract
Types of Borrowings. The term "“Borrowing" ” denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II on the same date, all of which Loans are of the same type (subject to Article VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "“Money Market Borrowing" ” is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewiththerewith and a “Swingline Borrowing” is a Borrowing of Swingline Loans).
Appears in 1 contract
Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II on the same date, all of which Loans are of the same type (subject to Article VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewithbids).
Appears in 1 contract
Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II on the same date, all of which Loans are of the same type (subject to Article VIII) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. Borrowings are classified for purposes of this Agreement either 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 by reference to the provisions of Article II 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 "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewiththerewith and a "Swingline Borrowing" is a Borrowing of Swingline Loans).
Appears in 1 contract
Samples: Credit Agreement (Chubb Corp)
Types of Borrowings. The term "Borrowing" denotes the aggregation of Loans of to be made by one or more Banks to be made to the Borrower pursuant to Article II 2 on the same dateday, all of which Loans are of the same type (subject to Article VIII10) and, except in the case of Base Rate Loans, have the same Interest Period or initial Interest Period. 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 II 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 "Money Market Borrowing" is a Borrowing under Section 2.03 in which the Bank participants are determined on the basis of their bids in accordance therewithbids).
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Ultramar Diamond Shamrock Corp)