Common use of Borrowing Mechanics for Revolving Loans Clause in Contracts

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.), Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)

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Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d2.4(d), Revolving Loans that are Base Index Rate Loans shall be made in an aggregate minimum amount of $500,000 100,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $100,000 in excess of that amount.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Amscan Holdings Inc), Credit and Guaranty Agreement (Amscan Holdings Inc)

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $100,000 500,000 in excess of that amount, amount and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $100,000 1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Navisite Inc)

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Proliance International, Inc.)

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d2.4(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum principal amount of $500,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum principal amount of $500,000 and integral multiples of $100,000 in excess of that amount.

Appears in 1 contract

Samples: Lease Agreement (GPB Holdings II, LP)

Borrowing Mechanics for Revolving Loans. (i) Except i)Except pursuant to Section 2.3(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $500,000 100,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR LIBO Rate Loans shall be in an aggregate minimum amount of $500,000 100,000 and integral multiples of $100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (ONE Group Hospitality, Inc.)

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $500,000 100,000 and integral multiples of $100,000 50,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 100,000 and integral multiples of $100,000 50,000 in excess of that amount.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Madison Square Garden Co)

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d2.4(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amountamount (or such other amount if it constitutes the remaining unused Revolving Commitments).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aurora Diagnostics Holdings LLC)

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Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d2.22(d), Revolving Loans that are Base Index Rate Loans shall be made in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Ipc Acquisition Corp)

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $100,000 500,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $100,000 500,000 in excess of that amount.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Syntax-Brillian Corp)

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d2.3(3), Revolving Loans that are Base Rate Loans or LIBO Rate Loans shall be made in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 1,000,000 and integral multiples of $100,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Technical Olympic Usa Inc)

Borrowing Mechanics for Revolving Loans. (i) Except pursuant to Section 2.3(d2.3(e), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $500,000 100,000 and integral multiples of $100,000 in excess of that amount, and Revolving Loans that are LIBOR Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess of that amount.

Appears in 1 contract

Samples: Financing Agreement (Metalico Inc)

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