Common use of Minimum Amount of Each Borrowing Clause in Contracts

Minimum Amount of Each Borrowing. Each Eurocurrency Borrowing shall be in the minimum amount of $2,000,000 (and in multiples of $100,000 if in excess thereof), and each Adjusted Base Rate Borrowing shall be in the minimum amount of $1,000,000 (and in multiples of $100,000 if in excess thereof).

Appears in 7 contracts

Samples: Unsecured Term Loan Agreement (First Industrial Lp), Unsecured Term Loan Agreement (First Industrial Lp), Unsecured Term Loan Agreement (First Industrial Lp)

AutoNDA by SimpleDocs

Minimum Amount of Each Borrowing. Each Eurocurrency Borrowing shall be in the minimum amount of $2,000,000 (and in multiples of $100,000 if in excess thereof), and each Adjusted Base Rate Borrowing shall be in the minimum amount of $1,000,000 (and in multiples of $100,000 if in excess thereof), provided, however, that any Adjusted Base Rate Borrowing may be in the amount of the unused Aggregate Revolving Commitment.

Appears in 5 contracts

Samples: Unsecured Revolving Credit Agreement (First Industrial Lp), Unsecured Revolving Credit Agreement (First Industrial Lp), Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc)

Minimum Amount of Each Borrowing. Each Eurocurrency Borrowing shall be in the minimum amount of $2,000,000 (100,000 and in integral multiples of $100,000 if in excess thereof)100,000, and each Adjusted Base Rate Borrowing shall be in the minimum amount of $1,000,000 (100,000 and in integral multiples of $100,000 if 100,000, except that any Base Rate Borrowing may be in excess the amount of the Available Revolving Commitment. At no time may there be more than $65,000,000 Borrowings outstanding. Borrowings may be Base Rate Borrowings or Eurocurrency Borrowings, or a combination thereof), selected by the Borrower in accordance with Sections 2.7 and 2.8.

Appears in 1 contract

Samples: Credit Agreement (Piper Sandler Companies)

Minimum Amount of Each Borrowing. Each Eurocurrency Borrowing shall be in the minimum amount of $2,000,000 (100,000 and in integral multiples of $100,000 if in excess thereof)100,000, and each Adjusted Base Rate Borrowing shall be in the minimum amount of $1,000,000 (100,000 and in integral multiples of $100,000 if 100,000, except that any Base Rate Borrowing may be in excess the amount of the Available Revolving Commitment. At no time may there be more than $50,000,000 Borrowings outstanding. Borrowings may be Base Rate Borrowings or Eurocurrency Borrowings, or a combination thereof), selected by the Borrower in accordance with Sections 2.7 and 2.8.

Appears in 1 contract

Samples: Credit Agreement (Piper Jaffray Companies)

Minimum Amount of Each Borrowing. Each Eurocurrency Borrowing shall be in the minimum amount of $2,000,000 (and in multiples of $100,000 if in excess thereof), and each Adjusted Base Eurodollar Rate Borrowing shall be in the minimum amount of $1,000,000 (and in multiples of $100,000 if in excess thereof), and each Floating Rate Borrowing shall be in the minimum amount of $200,000 (and in multiples of $50,000 if in excess thereof), provided, however, that any Floating Rate Borrowing may be in the amount of the unused Aggregate Commitment. The aggregate number of Eurodollar Rate Borrowings outstanding at any one time under this Agreement may not exceed five.

Appears in 1 contract

Samples: Credit Agreement (Asset Acceptance Capital Corp)

AutoNDA by SimpleDocs

Minimum Amount of Each Borrowing. Each Eurocurrency Borrowing shall be in the minimum amount of $2,000,000 (and in multiples of $100,000 if in excess thereof), and each Adjusted Base Rate Borrowing shall be in the minimum amount of $1,000,000 (and in multiples of $100,000 if in excess thereof), provided, however, that any Adjusted Base Rate Borrowing may be in the amount of the unused Aggregate Commitment.

Appears in 1 contract

Samples: Unsecured Revolving Credit and Term Loan Agreement (First Industrial Realty Trust Inc)

Minimum Amount of Each Borrowing. Each Eurocurrency Borrowing shall be in the minimum amount of $2,000,000 (and in multiples of $100,000 if in excess thereof), and each Adjusted Base Prime Rate Borrowing shall be in the minimum amount of $1,000,000 (and in multiples of $100,000 if in excess thereof), provided, however, that any Adjusted Prime Rate Borrowing may be in the amount of the unused Aggregate Commitment.

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (First Industrial Realty Trust Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!