Common use of Discretionary Amount Clause in Contracts

Discretionary Amount. As at any date of determination, an amount determined by the Agent in its sole and absolute discretion which shall not exceed $5,000,000 at any time and which amount shall not be more than $0.00 for more than any period of ten (10) consecutive days.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Brooks Automation Inc), Revolving Credit Agreement (Varian Semiconductor Equipment Associates Inc)

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Discretionary Amount. As at any date of determination, an amount determined by the Agent in its sole and absolute discretion which shall not exceed $5,000,000 10,000,000 at any time and which amount shall not be more than $0.00 for more than any period of ten (10) consecutive days.

Appears in 1 contract

Samples: Revolving Credit Agreement (Terex Corp)

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Discretionary Amount. As at any date of determination, an amount determined by the Agent in its sole and absolute discretion which shall not exceed $5,000,000 250,000 at any time and which amount shall not be more than $0.00 for more than any period of ten (10) consecutive daystime.

Appears in 1 contract

Samples: Revolving Credit Agreement (Outsource International Inc)

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