Common use of Facility B – Minimum Amount Clause in Contracts

Facility B – Minimum Amount. Facility B, the amount of the proposed Loan must be an amount which is not more than the Available Facility and which is a minimum of US$1,000,000 or, if less, the Available Facility.

Appears in 3 contracts

Samples: Bpifae Facility Agreement (Globalstar, Inc.), Bpifae Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

AutoNDA by SimpleDocs

Facility B – Minimum Amount. Facility B, the amount of the proposed Loan must be an amount which is not more than the Available Facility and which is a minimum of one million Dollars (US$1,000,000 1,000,000) or, if less, the Available Facility.

Appears in 1 contract

Samples: Coface Facility Agreement (Globalstar, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!