Borrowings and Conversions. Each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $100,000 and integral multiples of $100,000 in excess thereof. Each borrowing and each Conversion of LIBOR Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess of that amount.
Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $1,000,000.00 and integral multiples of $100,000.00 in excess thereof. Each borrowing of, Conversion to and Continuation of LIBOR Loans shall be in an aggregate minimum amount of $1,000,000.00 and integral multiples of $100,000.00 in excess of that amount.
Borrowings and Conversions. Each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 in excess thereof. Each borrowing of Eurodollar Loans, and each Conversion of Loans to Eurodollar Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 in excess of that amount.
Borrowings and Conversions. Except as otherwise provided in Sections 2.3(d) and 2.4(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 in excess thereof. Each borrowing, Conversion and Continuation of SOFR Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 in excess of that amount.
Borrowings and Conversions. Except as otherwise provided in Section 2.2.(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $1,000,000.00 and integral multiples of $100,000.000 in excess thereof. Each borrowing of, Conversion to and Continuation of LIBOR Loans shall be in an aggregate minimum amount of $2,000,000 and integral multiples of $100,000.00 in excess of that amount.
Borrowings and Conversions. Except as otherwise provided in Section 2.2(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $1,000,000.00 and integral multiples of $100,000.00 in excess thereof. Each borrowing of, Conversion to and Continuation of RFR Loans shall be in an aggregate minimum amount of $2,000,000.00 and integral multiples of $100,000.00 (or, in the case of RFR Loans that are denominated in an Alternative Currency, an amount for which the Dollar Equivalent is not less than $2,000,000.00 or multiples of $100,000.00, respectively) in excess of that amount; provided that an RFR Loan denominated in an Alternative Currency may be continued for the same Interest Period or Converted to a different Interest Period in accordance with Section 2.8 in an amount equal to the same number of units of the relevant Currency for which such Loan was initially made regardless of whether the principal amount of such Loan as of such date of continuation or conversion is less than $2,000,000.00.
Borrowings and Conversions. Each borrowing Conversion and Continuation of LIBOR Loans shall be in an aggregate minimum amount of $500,000 and integral multiples of $500,000 in excess of that amount.
Borrowings and Conversions. Base Rate Loans and RFR Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess thereof. Each Borrowing, Conversion and Continuation of Term Benchmark Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 in excess of that amount.
Borrowings and Conversions. For the initial Loan in any Borrowing Base Property Sub-Facility, each such borrowing of LIBOR Loans shall be in an aggregate minimum amount of $500,000. Each Conversion of LIBOR Loans shall be in an aggregate minimum amount of $500,000.
Borrowings and Conversions. (a) Borrower shall have the option, subject to the other provisions of this Agreement, to request that a Loan be made to Borrower, by giving written notice to Bank prior to 12:00 noon (Chicago time) at least three (3) Business Days before the date on which any Loan is to be made hereunder, specifying: (i) the amount of the requested Loan; (ii) the Type of the requested Loan; (iii) the borrowing date for the requested Loan (which shall be a Business Day); and (iv) the Interest Period applicable to such Loan (in the case of each LIBOR Tranche), which shall not exceed the Expiry Date. In the event that Borrower shall fail to select an Interest Period for any LIBOR Tranche, Borrower shall be deemed to have selected an Interest Period of 30 days.
(b) Each Prime Rate Tranche shall continue as a Prime Rate Tranche unless and until such Prime Rate Tranche is converted into a LIBOR Tranche or is repaid in accordance with the terms and conditions of this Agreement. Each LIBOR Tranche shall continue as a LIBOR Tranche until the end of the then-applicable Interest Period therefor, at which time such LIBOR Tranche shall automatically convert into a Prime Rate Tranche unless: (i) such LIBOR Tranche is repaid in accordance with the terms of this Agreement; or (ii) Borrower shall have provided a conversion notice to Bank as set forth below requesting that, at the end of such Interest Period, such LIBOR Tranche continue as a LIBOR Tranche for the same or another Interest Period.
(c) Borrower shall have the option to convert, on any Business Day, all or a portion of the outstanding principal amount of the Tranches made pursuant to one or more Borrowings of one or more Types of Tranches into a Borrowing of another Type of Tranche, provided that LIBOR Tranches may be converted into Prime Rate Tranches only on the last day of the Interest Period applicable to the Tranches being converted. Each such conversion shall be effected by Borrower by giving notice to Bank prior to 12:00 noon (Chicago time) at least three (3) Business Days before the date on which any Loan is to be converted hereunder, specifying the Tranches to be so converted and, if to be converted into a LIBOR Tranche, the Interest Period to be initially applicable thereto. Upon any such conversion, the proceeds thereof will be applied directly on the day of such conversion to prepay the outstanding principal amount of the Tranches being converted.
