Common use of Borrowing Mechanics for Revolving Loans Clause in Contracts

Borrowing Mechanics for Revolving Loans. (i) Revolving Loans shall be made in an aggregate minimum amount of the Borrowing Minimum and integral multiples of the Borrowing Multiple in excess of that amount.

Appears in 5 contracts

Samples: Credit and Guaranty Agreement (Lannett Co Inc), Credit and Guaranty Agreement (Concordia International Corp.), Pledge and Security Agreement (Lannett Co Inc)

AutoNDA by SimpleDocs

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.4(d), Revolving Loans shall be made in an aggregate minimum principal amount of not less than the Borrowing Minimum and integral multiples of the Borrowing Multiple in excess of that amount.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (TerraForm Power, Inc.)

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