Common use of Certain Minimum Amounts Clause in Contracts

Certain Minimum Amounts. Each partial reduction in the Commitments, and each borrowing or prepayment of principal of Committed Loans shall be in an amount equal to the relevant minimum amounts or corresponding larger whole multiples specified below: Minimum Amount Multiples of Reduction of Commitments $ 10,000,000 $ 1,000,000 Borrowing of: Base Rate Loans $ 10,000,000 $ 1,000,000 Eurodollar Loans $ 10,000,000 $ 1,000,000 Prepayment of: Base Rate Loans $ 10,000,000 $ 1,000,000 Eurodollar Loans $ 10,000,000 $ 1,000,000 Borrowings of Base Rate Loans may be in any amount if such borrowing exhausts the full remaining amount of the Commitments. Borrowings or prepayments of Loans of different types or, in the case of Eurodollar Loans, having different Interest Periods at the same time hereunder shall be deemed separate borrowings or prepayments for the purposes of the foregoing, one for each type or Interest Period. Anything in this Agreement to the contrary notwithstanding, the aggregate principal amount of Eurodollar Loans having the same Interest Period shall be at least equal to the minimum amount set forth above.

Appears in 11 contracts

Samples: Day Credit Agreement (American Honda Finance Corp), Credit Agreement (American Honda Finance Corp), Credit Agreement (American Honda Finance Corp)

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