Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six months, but must mature on a Business Day which is not later than the Facility Maturity Date; (b) Libor Loans must be in multiples of US$100,000 (or 100,000 Euros), with a minimum of (i) US$5,000,000 (or 5,000,000 Euros) under Tranche A or (ii) US$2,000,000 (or 2,000,000 Euros) under Tranche B and Tranche C; and (c) The Borrowers must ensure that no more than ten different Borrowings by way of Libor Loans be outstanding at any time under the Facility, provided that on an occasional basis the Administrative Agent may permit such limit to be exceeded.
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Samples: Credit Agreement (Cascades Inc), Credit Agreement (Cascades Inc)
Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six months, but must mature on a Business Day which is not later than the Facility Maturity Date;
(b) Libor Loans must be in multiples of US$US $100,000 (or 100,000 Euros, if applicable), with a minimum of (i) US$US $5,000,000 (or 5,000,000 Euros) per Borrowing under Tranche A or (ii) US$2,000,000 and US 1,000,000 (or 2,000,000 1,000,000 Euros, if applicable) per Borrowing under Tranche B and or Tranche C; and
(c) The Borrowers Borrower must ensure that no more than ten different Borrowings by way of Libor Loans be are outstanding at any time under the Facility, provided that on an occasional basis the Administrative Agent may permit such limit to be exceeded.
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Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six months, but must mature on a Business Day which is not later than the Facility Maturity Datematurity date of the applicable Facility;
(b) Libor Loans must be in multiples of US$US $100,000 (or 100,000 Euros), with a minimum of (i) US$US $5,000,000 (or 5,000,000 Euros) under each Facility (other than Tranche A B or Tranche C) or (ii) US$US $2,000,000 (or 2,000,000 Euros) under Tranche B and Tranche C; and
(c) The Borrowers Borrower must ensure that no more than ten different Borrowings by way of Libor Loans be are outstanding at any time under the FacilityFacilities, provided that on an occasional basis the Administrative Agent may permit such limit to be exceeded.
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Samples: Credit Agreement (Cascades Inc)
Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six months, but must mature on a Business Day which is not later than the Facility Maturity Date;
(b) Libor Loans must be in multiples of US$US $100,000 (or 100,000 Euros), with a minimum of (i) US$US $5,000,000 (or 5,000,000 Euros) per Borrowing under Tranche A or (ii) US$2,000,000 and US 1,000,000 (or 2,000,000 1,000,000 Euros) per Borrowing under Tranche B and or Tranche C; and
(c) The Borrowers Borrower must ensure that no more than ten different Borrowings by way of Libor Loans be are outstanding at any time under the Facility, provided that on an occasional basis the Administrative Agent may permit such limit to be exceeded.
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Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six monthsmonths (or such other periods agreed on by all Lenders), but must mature on a Business Day which is not later than the Facility Maturity Date;
(b) Libor Loans must be in multiples of US$100,000 (or 100,000 Euros), with a minimum of (i) US$5,000,000 (or 5,000,000 Euros) under Tranche A or A, and (ii) US$2,000,000 (or 2,000,000 Euros) 5,000,000 under Tranche B and Tranche CB; and
(c) The Borrowers must ensure that no more than ten different Borrowings by way of Libor Loans be outstanding at any time under the Facility, provided that on an occasional basis the Administrative Agent may permit such limit to be exceeded.
Appears in 1 contract
Samples: Credit Agreement (Cascades Inc)