Common use of Amount of LIBOR Loans Clause in Contracts

Amount of LIBOR Loans. Each continuation of or conversion to LIBOR Term Loans, and each election of, continuation of or conversion to LIBOR Revolving Loans, shall be in a minimum amount of $5,000,000 and in integral multiples of $1,000,000 in excess of that amount.

Appears in 2 contracts

Samples: Loan and Security Agreement (KMC Telecom Holdings Inc), Loan and Security Agreement (KMC Telecom Holdings Inc)

AutoNDA by SimpleDocs

Amount of LIBOR Loans. Each continuation of or conversion to LIBOR Term Loans, and each election of, continuation of or conversion to LIBOR Revolving --------------------- Loans, shall be in a minimum amount of $5,000,000 and in integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Second Priority Loan and Guaranty Agreement (Northpoint Communications Group Inc)

Amount of LIBOR Loans. Each continuation of or conversion to LIBOR Term Loans, and each election of, continuation of or conversion to a LIBOR Revolving LoansLoan, shall be in a minimum amount of $5,000,000 and in integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Loan and Security Agreement (Roadmaster Industries Inc)

Amount of LIBOR Loans. Each continuation of or conversion to LIBOR Term Loans, and each election of, continuation of or conversion to LIBOR Revolving Loans, shall be in a minimum amount of $5,000,000 and in integral multiples of $1,000,000 5,000,000 in excess of that amount.

Appears in 1 contract

Samples: Loan and Security Agreement (Laclede Steel Co /De/)

Amount of LIBOR Loans. Each continuation of or conversion to LIBOR Term Loans, and each election of, continuation of or conversion to LIBOR Revolving Loans, Loans shall be in a minimum amount of $5,000,000 and in integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Loan and Security Agreement (KMC Telecom Holdings Inc)

AutoNDA by SimpleDocs

Amount of LIBOR Loans. Each continuation of or conversion to LIBOR --------------------- Term Loans, and each election of, continuation of or conversion to LIBOR Revolving Loans, shall be in a minimum amount of $5,000,000 and in integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Loan and Guaranty Agreement (Northpoint Communications Group Inc)

Amount of LIBOR Loans. Each continuation of or conversion to LIBOR Term Loans, and each election of, continuation of or conversion to LIBOR Revolving Loans, Loans shall be in a minimum amount of $5,000,000 1,000,000 and in integral multiples of $1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Loan and Security Agreement (Imation Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!