Common use of Limitations on Eurocurrency Tranches Clause in Contracts

Limitations on Eurocurrency Tranches. Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurocurrency Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurocurrency Loans comprising each Eurocurrency Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (b) no more than 15 Eurocurrency Tranches shall be outstanding at any one time, and (c) no more than the Dollar Equivalent of $100,000,000 of the Revolving Credit Loans, in the aggregate, shall be available for borrowing as Optional Currency Revolving Credit Loans.

Appears in 3 contracts

Samples: Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp)

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Limitations on Eurocurrency Tranches. Notwithstanding anything to ------------------------------------ the contrary in this Agreement, all borrowings, conversions, conversions and continuations and optional prepayments of Eurocurrency Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurocurrency Loans comprising each Eurocurrency Tranche shall be equal to $5,000,000 2,000,000 or a whole multiple of $1,000,000 in excess thereof, (b) no more than 15 ten Eurocurrency Tranches shall be outstanding at any one time, and (c) no more than the Dollar Equivalent equivalent of $100,000,000 30,000,000 of the Revolving Credit LoansFacility, in the aggregate, shall be available for borrowing as Optional Currency Revolving Credit Loans.

Appears in 1 contract

Samples: Credit Agreement (Aeroflex Inc)

Limitations on Eurocurrency Tranches. Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurocurrency Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurocurrency Loans comprising each Eurocurrency Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof, (b) no more than 15 ten Eurocurrency Tranches shall be outstanding at any one time, and (c) no more than the Dollar Equivalent of $100,000,000 25,000,000 of the Revolving Credit Loans, in the aggregate, shall be available for borrowing as Optional Currency Revolving Credit Loans.

Appears in 1 contract

Samples: Credit Agreement (Conmed Corp)

Limitations on Eurocurrency Tranches. Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurocurrency Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate principal amount of the Eurocurrency Loans comprising each Eurocurrency Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereofthereof (or, in the case of Permitted Foreign Currency Loans, approximately in such amount) and (b) no more than 15 fifteen Eurocurrency Tranches shall be outstanding at any one time, and (c) no more than the Dollar Equivalent of $100,000,000 of the Revolving Credit Loans, in the aggregate, shall be available for borrowing as Optional Currency Revolving Credit Loans.

Appears in 1 contract

Samples: Credit Agreement (Hilfiger Tommy Corp)

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Limitations on Eurocurrency Tranches. Notwithstanding anything ------------------------------------ to the contrary in this Agreement, all borrowings, conversions, conversions and continuations and optional prepayments of Eurocurrency Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate Dollar Equivalent of the principal amount of the Eurocurrency Loans comprising each in any Eurocurrency Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof, thereof and (b) there shall be no more than 15 10 Eurocurrency Tranches shall be outstanding at any one time, and (c) no more than the Dollar Equivalent of $100,000,000 of the Revolving Credit Loans, in the aggregate, shall be available for borrowing as Optional Currency Revolving Credit Loans.

Appears in 1 contract

Samples: Credit Agreement (Ifco Systems Nv)

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