Minimum Amount of Loans Sample Clauses

Minimum Amount of Loans. Base Rate Loans shall be in the minimum amount of $5,000,000, and in multiples of $1,000,000 if in excess thereof. LIBOR Rate Loans in Dollars shall be in the minimum amount of $5,000,000, and in multiples of $1,000,000 if in excess thereof. Foreign Currency Loans shall be in the minimum Dollar Equivalent amount of $3,000,000, and in multiples of $1,000,000 in excess thereof.
Sample 1
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Minimum Amount of Loans. Subject to the Maximum Availability, each Loan shall be made in a minimum aggregate amount of Five Hundred Thousand Dollars ($500,000).
Sample 1
Minimum Amount of Loans. Notwithstanding anything to the contrary contained in this Agreement, the Borrower shall borrow, prepay, convert and continue Loans in a manner such that there will not be outstanding at any time Loans of the same type and, in the case of LIBOR and Bid Loans, having the same Interest Period with an aggregate principal amount of less than $1,000,000.
Sample 1
Minimum Amount of Loans. Pursuant to the Memorandum, each Noteholder must execute and deliver to the Company a Subscription Agreement for at least 10 Notes (a total of $50,000 face principal amount) to be paid in full at the time of subscribing, unless the Company, in its sole discretion, accepts a Subscription Agreement from a Noteholder for a fewer number of Notes. Larger Subscriptions may be made in $5,000 increments, e.g., $55,000, $60,000, etc., assuming the Noteholder subscribed for 10 Notes.
Sample 1
Minimum Amount of Loans. An aggregate of $18,000,000 of Loans pursuant to this Agreement shall close simultaneously at the Closing; provided that this condition shall not excuse any Lender from tendering the amount of such Lender's loan set forth on Exhibit A.
Sample 1
Minimum Amount of Loans. Base Rate Loans and CD Rate Loans shall be in the minimum amount of $5,000,000, and in multiples of $1,000,000 if in excess thereof. LIBOR Rate Loans shall be in the minimum amount of $10,000,000, and in multiples of $1,000,000 if in excess thereof.
Sample 1

Related to Minimum Amount of Loans

  • Minimum Amount of Each Borrowing; Maximum Number of Borrowings The aggregate principal amount of each Borrowing of Loans shall be in a multiple of $100,000 and shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on any date; provided that at no time shall there be outstanding more than four (4) Borrowings of LIBOR Loans under this Agreement.

  • Minimum Amount of Each Borrowing The aggregate principal amount of each Borrowing of Loans shall not be less than the Minimum Borrowing Amount. More than one Borrowing may occur on the same date, but at no time shall there be outstanding more than 15 Borrowings of Euro Rate Loans.

  • Amount of Borrowing Tranche Each Borrowing Tranche of Loans under the LIBOR Rate Option shall be in integral multiples of $500,000 and not less than $1,000,000; and

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • Amount of Revolving Advances Subject to the terms and conditions set forth in this Agreement including Section 2.1(b), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such Lender’s Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit or (y) an amount equal to the sum of:

  • Amount of Borrowing At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is in an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire Unused Total Revolving Commitment or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.02(e). Borrowings of more than one Type may be outstanding at the same time.

  • Revolving Loan Prepayments (i) In the event of the termination of all the Revolving Commitments, Borrower shall, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit or cash collateralize all outstanding Letters of Credit in accordance with the procedures set forth in Section 2.18(i).

  • Minimum Amount of Each Advance Each Eurodollar Advance shall be in the minimum amount of $5,000,000 and in multiples of $1,000,000 if in excess thereof. Floating Rate Advances may be in any amount.

  • Reduction of Commitment Prepayment of Loans Section 2.05 of the Financing Agreement is hereby amended as follows:

  • Borrowing Mechanics for Revolving Loans (i) Except pursuant to Section 2.4(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount, Revolving Loans that are Eurodollar Rate Loans shall be in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount.

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