Common use of Borrowings and Conversions Clause in Contracts

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.

Appears in 1 contract

Samples: Credit Agreement (Entertainment Properties Trust)

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Borrowings and Conversions. Except as otherwise provided in Section 2.2.(eSections 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 1,000,000 and integral multiples of $100,000.000 500,000 in excess thereof. Each borrowing of, and each 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 1,000,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (Federal Realty Investment Trust)

Borrowings and Conversions. Except as otherwise provided in Section 2.2.(e2.4(e), each borrowing of Base Rate Loans and LIBOR Daily Loans shall be in an aggregate minimum amount of $1,000,000.00 1,000,000 and integral multiples of $100,000.000 500,000 in excess thereof. Each borrowing ofborrowing, Conversion to and Continuation of LIBOR Loans shall be in an aggregate minimum amount of $2,000,000 1,000,000 and integral multiples of $100,000.00 500,000 in excess of that amount.

Appears in 1 contract

Samples: Revolving Credit Agreement (Piedmont Office Realty Trust, Inc.)

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Borrowings and Conversions. Except as otherwise provided set forth in Section 2.2.(eSections 2.2(e), 2.3(d), and 2.3(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $1,000,000.00 500,000 and integral multiples of $100,000.000 50,000 in excess thereof. Each borrowing ofborrowing, Conversion to and Continuation of LIBOR Loans shall be in an aggregate minimum amount of $2,000,000 500,000 and integral multiples of $100,000.00 50,000 in excess of that amount.

Appears in 1 contract

Samples: Credit Agreement (HC Government Realty Trust, Inc.)

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