Minimum Amount of Each Borrowing; Limitation on Number of Borrowings. The aggregate principal amount of each Borrowing shall not be less than $2,500,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than eight Borrowings of Eurodollar Loans.
Appears in 2 contracts
Samples: Credit Agreement (Trico Marine Services Inc), Credit Agreement (Trico Marine Services Inc)
Minimum Amount of Each Borrowing; Limitation on Number of Borrowings. The aggregate principal amount of each Borrowing of Loans shall not be less than (i) with respect to Eurodollar Rate Loans, $2,500,0005,000,000 or an integral multiple of U.S. $1,000,000 in excess thereof and (ii) with respect to Base Rate Loans, $500,000 or an integral multiple of $100,000 in excess thereof . More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than eight ten (10) Borrowings of Eurodollar Loans.
Appears in 2 contracts
Samples: Credit Agreement (Pacific Drilling S.A.), Credit Agreement (Pacific Drilling S.A.)
