Common use of Minimum Amount of Each Borrowing Clause in Contracts

Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing hereunder shall not be less than the Minimum Borrowing Amount and, if greater, shall be in integral multiples of (i) in the case of a Borrowing of Base Rate Loans, $100,000 and (ii) in the case of a Borrowing of Eurodollar Loans, $500,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than [twenty] Borrowings of Eurodollar Loans.

Appears in 2 contracts

Samples: Credit Agreement (Frontline Capital Group), Credit Agreement (Hq Global Holdings Inc)

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Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing hereunder shall be not be less than the Minimum Borrowing Amount and$10,000,000 or a larger whole multiple of $1,000,000 for each such Loan, if greaterexcept as required by Section 2.10(b). Borrowings of Loans of different Types or, shall be in integral multiples of (i) in the case of a Borrowing of Base Eurocurrency Rate Loans, $100,000 and (ii) in the case of a Borrowing of Eurodollar Loanshaving different Interest Periods, $500,000. More than one Borrowing may occur on at the same date, but at no time hereunder shall there be outstanding more than [twenty] Borrowings of Eurodollar Loansdeemed separate Borrowings.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Omnicom Group Inc), 364 Day Credit Agreement (Omnicom Group Inc)

Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing hereunder shall not be less than the Minimum Borrowing Amount and, if greater, shall be in integral multiples of (i) $500,000, except in the case of a Borrowing Borrowings of Base Rate Loans, Revolving Loans which shall be in integral multiples of $100,000 and (ii) in the case of a Borrowing of Eurodollar Loans, $500,000100,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than [twenty] five Borrowings of Eurodollar Loans.

Appears in 1 contract

Samples: Credit Agreement (Moovies Inc)

Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing hereunder of Loans shall be not be less than the Minimum Borrowing Amount and$2,000,000, provided that Borrowings of Loans constituting Base Rate Loans may be made in amounts not less than $1,000,000 (or, if greaterless, shall be in integral multiples the amount of (ithe Total Unutilized Commitment) in the case of a Borrowing of Base Rate Loans, $100,000 and (ii) in the case of a Borrowing of Eurodollar Loans, $500,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than [twenty] Borrowings of ten Eurodollar Loans.

Appears in 1 contract

Samples: Credit Agreement (Interlake Corp)

Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing hereunder shall not be less than the Minimum Borrowing Amount and, if greater, shall be in integral multiples of (i) in the case of a Borrowing of Base Rate Loans, $100,000 and (ii) in the case of a Borrowing of Eurodollar Loans, $500,0001,000,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than [twenty] five Borrowings of Eurodollar LoansLoans in the aggregate.

Appears in 1 contract

Samples: Credit Agreement (Magellan Health Inc)

Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing hereunder of Loans shall be not be less than the Minimum Borrowing Amount and$5,000,000, provided that Borrowings of Loans constituting Base Rate Loans may be made in amounts not less than $1,000,000 (or, if greaterless, shall be in integral multiples the amount of (ithe Total Unutilized Commitment) in the case of a Borrowing of Base Rate Loans, $100,000 and (ii) in the case of a Borrowing of Eurodollar Loans, $500,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than [twenty] Borrowings of ten Eurodollar Loans.

Appears in 1 contract

Samples: Credit Agreement (Interlake Corp)

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Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing hereunder (other than any continuation or conversion of Loans) shall not be less than the Minimum Borrowing Amount and, if greater, shall be in integral multiples of (i) in the case of a Borrowing of Base Rate Loans, $100,000 and (ii) in the case of a Borrowing of Eurodollar Loans, $500,00025,000,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than [twenty] ten Borrowings of Eurodollar LoansLoans in the aggregate.

Appears in 1 contract

Samples: Credit Agreement (Magellan Health Inc)

Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing hereunder shall not be less than the Minimum Borrowing Amount and, if greater, shall be in integral multiples of (i) $250,000 in the case of a Borrowing of Base Rate Loans, Loans and $100,000 and (ii) 500,000 in the case of a Borrowing of Eurodollar Loans, $500,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than [twenty] Borrowings of Eurodollar Loans.eight (8)

Appears in 1 contract

Samples: Credit Agreement (Golden Sky Systems Inc)

Minimum Amount of Each Borrowing. The aggregate principal amount of each Borrowing under the Facility hereunder shall not be less than the Minimum Borrowing Amount for the Facility and, if greater, shall be in integral multiples of (i) $250,000 in the case of a Borrowing of Base Rate all Loans, $100,000 and (ii) in the case of a Borrowing of Eurodollar Loans, $500,000. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than [twenty] six Borrowings of Eurodollar Loans.

Appears in 1 contract

Samples: Credit Agreement (Firstlink Communications Inc)

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