Common use of Establishment of Portions Clause in Contracts

Establishment of Portions. For purposes of determining interest, Borrowers may designate and subdivide the outstanding balance under the Term Loan Facility (including any other amounts advanced to or on behalf of Borrowers under the Loan Documents) into a maximum of two (2) Portions at an Adjusted LIBO Rate and one (1) Portion at the Prime Rate. No Portion accruing interest based upon an Adjusted LIBO Rate may be less than $100,000, and all Portions under the Term Loan Facility collectively must total the outstanding balance under the Term Loan Facility.

Establishment of Portions. For purposes of determining interest, Borrowers may designate and subdivide the outstanding balance under the Term Loan Facility (including any other amounts advanced to or on behalf of Borrowers under the Loan Documents) into a maximum of two (2) Portions accruing interest at an Adjusted LIBO Rate and one (1) Portion accruing interest at the Prime Rate. No Portion accruing interest based upon at an Adjusted LIBO Rate may be less than $100,000, and all Portions under the Term Loan Facility collectively must total the outstanding balance under the Term Loan Facility.

Establishment of Portions. For purposes of determining interest, Borrowers may designate and subdivide the outstanding balance under the Term Loan Facility (including any other amounts advanced to or on behalf of Borrowers under the Loan Documents) into a maximum of two three (23) Portions at an Adjusted LIBO Rate and one (1) Portion at the Prime RatePortions. No Portion accruing interest based upon at an Adjusted LIBO Rate may be less than $100,000250,000, and all Portions under the Term Loan Facility collectively must total the outstanding balance under the Term Loan Facility.