Common use of Minimum Advances Clause in Contracts

Minimum Advances. Each Prime Rate Advance (other than an Overdraft Advance) shall be in an aggregate amount of not less than Cdn.$1,000,000. Each Base Rate Advance (other than an Overdraft Advance) shall be in an aggregate amount of not less than US$1,000,000. Each Libor Advance shall be in an aggregate amount of not less than US$1,000,000 and in an integral multiple of US$100,000.

Appears in 4 contracts

Samples: Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/), Credit Agreement (Pope & Talbot Inc /De/)

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