Common use of Eurocurrency Rate Loans Clause in Contracts

Eurocurrency Rate Loans. Any conversion to or from Eurocurrency Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all Eurocurrency Rate Loans having the same Interest Period shall not be less than $500,000 or a whole multiple of $10,000 in excess thereof (or, in the case of Eurocurrency Rate Loans denominated in an Optional Currency, that whole number which is nearest to the Dollar equivalent of $500,000 or $10,000, as the case may be, rounded to the nearest one thousandth). In no event shall the Borrowers have more than ten (10) Eurocurrency Rate Loans outstanding at any one time.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc), Revolving Credit Agreement (Genrad Inc)

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Eurocurrency Rate Loans. Any conversion to or from Eurocurrency Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all Eurocurrency Rate Loans having the same Interest Period shall not be less than $500,000 5,000,000 or a whole multiple of $10,000 1,000,000 in excess thereof (or, in the case of Eurocurrency Rate Loans denominated in an Optional Currency, that whole number which is nearest to the Dollar equivalent of $500,000 5,000,000 or $10,0001,000,000, as the case may be, rounded to the nearest one thousandth). In no event shall the Foreign Borrowers have more than ten five (105) Eurocurrency Rate Loans outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Sensormatic Electronics Corp), Credit Agreement (Sensormatic Electronics Corp)

Eurocurrency Rate Loans. Any conversion to or from Eurocurrency Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all Eurocurrency Rate Loans having the same Interest Period shall not be less than $500,000 or a whole multiple of $10,000 100,000 in excess thereof (or, in the case of Eurocurrency Rate Loans denominated in an Optional Currency, that the whole number which is nearest to the Dollar equivalent Equivalent of $500,000 or $10,000100,000, as the case may be, be rounded to the nearest one thousandth). In no event shall the Borrowers have No more than ten five (105) Eurocurrency Rate Loans having different Interest Periods may be outstanding at any one time.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Digitas Inc), Revolving Credit Agreement (Digitas Inc)

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Eurocurrency Rate Loans. Any conversion to or from Eurocurrency Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all Eurocurrency Rate Loans having the same Interest Period shall not be less than $500,000 or a whole multiple of $10,000 100,000 in excess thereof (or, in the case of Eurocurrency Rate Loans denominated in an Optional Currency, that whole number which is nearest to the Dollar equivalent Equivalent of $500,000 or $10,000100,000, as the case may be, rounded to the nearest one thousandth). In no event shall the Revolver Borrowers have more than ten (10) Eurocurrency Rate Loans outstanding at any one time.

Appears in 1 contract

Samples: Security Agreement (Genrad Inc)

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