Common use of Minimum Amount of Advances Clause in Contracts

Minimum Amount of Advances. Each Advance shall be in the minimum amount of $10,000,000 (and in integral multiples of $1,000,000 if in excess thereof); provided that any Floating Rate Advance may be in the amount of the Available Aggregate Commitment (rounded down, if necessary, to an integral multiple of $1,000,000).

Appears in 19 contracts

Samples: Revolving Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co), Revolving Credit Agreement (Consumers Energy Co)

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Minimum Amount of Advances. Each Advance shall be in the minimum amount of $10,000,000 (and in integral multiples of $1,000,000 if in excess thereof); provided that any Floating Rate Advance may be in the amount of the Available Aggregate Commitment (rounded down, if necessary, to an integral multiple of $1,000,000).

Appears in 5 contracts

Samples: Term Loan Credit Agreement (CMS Energy Corp), Term Loan Credit Agreement (CMS Energy Corp), Term Loan Credit Agreement (CMS Energy Corp)

Minimum Amount of Advances. Each Advance shall be in the minimum amount of $10,000,000 (and in integral multiples of $1,000,000 if in excess thereof); , provided that any Floating Rate Advance may be in the amount of the Available Aggregate Commitment (rounded down, if necessary, to an integral multiple of $1,000,000).

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Consumers Energy Co), Credit Agreement (Panhandle Eastern Pipe Line Co), Credit Agreement (CMS Energy Corp)

Minimum Amount of Advances. Each Advance shall be in the minimum amount of $10,000,000 5,000,000 (and in or a higher integral multiples multiple of $1,000,000 if in excess thereof1,000,000); , provided that any Floating Rate Advance may be in the amount of the Available Aggregate Commitment (rounded down, if necessary, to an integral multiple of $1,000,000).

Appears in 1 contract

Samples: Pledge Agreement (Consumers Energy Co)

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Minimum Amount of Advances. Each Advance shall be in the minimum amount of $10,000,000 (and in integral multiples of $1,000,000 if in excess thereof); provided that any Floating Rate Advance may be in the amount of the Available unused Aggregate Commitment (rounded down, if necessary, to an integral multiple of $1,000,000).

Appears in 1 contract

Samples: Credit Agreement (Consumers Energy Co)

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