Common use of Minimum Advance and Type Limitation Clause in Contracts

Minimum Advance and Type Limitation. Each Revolving Credit Loan requested hereunder shall be in an amount equal to $500,000 or any whole multiple thereof in the case of a Base Rate Loan and $1,000,000 or any whole multiple thereof in the case of a LIBOR Loan, except that any Revolving Credit Loan may be in the aggregate amount of the Availability. At no single time during the Revolving Credit Period shall there be any more than five (5) LIBOR Loans outstanding under the Revolving Credit Facility.

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

AutoNDA by SimpleDocs

Minimum Advance and Type Limitation. Each Revolving Credit Loan requested hereunder shall be in an amount equal to $500,000 or any whole multiple thereof in the case of a Base Rate Loan and $1,000,000 or any whole multiple thereof in the case of a LIBOR Loanthereof, except that any Revolving Credit Loan may be in the aggregate amount of the Availability. At no single time during the Revolving Credit Period shall there be any more than five eight (5) 8) LIBOR Loans outstanding under the Revolving Credit Facility.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Hooper Holmes Inc)

Minimum Advance and Type Limitation. Each Revolving Credit Loan requested hereunder shall be in an amount equal to $500,000 or any whole multiple thereof in the case of a Base Rate Loan and $1,000,000 or any whole multiple thereof in the case of a LIBOR Loan, except EXCEPT that any Revolving Credit Loan may be in the aggregate amount of the Availability. At no single time during the Revolving Credit Period shall there be any more than five six (56) LIBOR Loans outstanding under the Revolving Credit Facility.

Appears in 1 contract

Samples: Revolving Credit Agreement (TRC Companies Inc /De/)

AutoNDA by SimpleDocs

Minimum Advance and Type Limitation. Each Revolving Credit Loan requested hereunder shall be in an amount equal to $500,000 or any whole multiple thereof in the case of a Base Rate Loan and $1,000,000 or any whole multiple thereof in the case of a LIBOR Loanthereof, except that any Revolving Credit Loan may be in the aggregate amount of the Availability. At no single time during the Revolving Credit Period shall there be any more than five (5) LIBOR Loans outstanding under the Revolving Credit Facility.

Appears in 1 contract

Samples: Credit Agreement (Hooper Holmes Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.