Common use of Minimum Amounts and Maximum Number of Tranches Clause in Contracts

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 or a higher integral multiple of $1,000,000. In no event shall there be more than ten (10) Tranches of Loans in the aggregate outstanding at any time.

Appears in 3 contracts

Samples: Credit Agreement (Affiliated Managers Group, Inc.), Credit Agreement (Affiliated Managers Group, Inc.), Credit Agreement (Affiliated Managers Group, Inc.)

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Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Revolving Credit Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Revolving Credit Loans comprising each Tranche shall be equal to $5,000,000 1,000,000 or a higher integral whole multiple of $1,000,000. In no event shall there be more than ten (10) Tranches of Loans 500,000 in the aggregate outstanding at any timeexcess thereof.

Appears in 3 contracts

Samples: Credit Agreement (Cogentrix Energy Inc), Credit Agreement (Cogentrix Delaware Holdings Inc), Credit Agreement (Cogentrix Energy Inc)

Minimum Amounts and Maximum Number of Tranches. All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each SOFR Tranche shall be equal to $5,000,000 10,000,000 or a higher integral whole multiple of $1,000,0001,000,000 in excess thereof. In no event shall there be more than ten (10) six SOFR Tranches of Loans in the aggregate outstanding at any time.

Appears in 3 contracts

Samples: Credit Agreement (SOUTHERN CALIFORNIA EDISON Co), Credit Agreement (SOUTHERN CALIFORNIA EDISON Co), Term Loan Credit Agreement (Edison International)

Minimum Amounts and Maximum Number of Tranches. All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Term Benchmark Tranche shall be equal to $5,000,000 10,000,000 or a higher integral whole multiple of $1,000,0001,000,000 in excess thereof. In no event shall there be more than ten (10) five Term Benchmark Tranches of Loans in the aggregate outstanding at any time.

Appears in 3 contracts

Samples: Credit Agreement (SOUTHERN CALIFORNIA EDISON Co), Credit Agreement, Credit Agreement

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions Conversions and continuations Continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 1,000,000 or a higher integral whole multiple of $1,000,000250,000 in excess thereof. In no event shall there be more than ten (10) four Tranches of Loans in the aggregate outstanding at any time.

Appears in 2 contracts

Samples: Credit Agreement (Rcpi Trust /De/), Credit Agreement (Rockefeller Center Properties Inc)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 3,000,000 or a higher integral whole multiple of $1,000,0001,000,000 in excess thereof. In no event shall there be more than ten (10) Tranches of Loans in the aggregate outstanding at any time.

Appears in 2 contracts

Samples: Credit Agreement (Westwood One Inc /De/), Credit Agreement (Westwood One Inc /De/)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 1,000,000 or a higher integral whole multiple of $1,000,000100,000 in excess thereof. In no event shall there be more than ten (10) seven Tranches of Loans in the aggregate outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Digital Television Services of Kansas LLC)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 2,500,000 or a higher integral whole multiple of $1,000,000100,000 in excess thereof. In no event shall there be more than ten (10) 5 Tranches of Loans in the aggregate outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Recoton Corp)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 or a higher integral whole multiple of $1,000,000100,000 in excess thereof. In no event shall there be more than ten (10) 5 Tranches of Loans in the aggregate outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Recoton Corp)

Minimum Amounts and Maximum Number of Tranches. All borrowings, ---------------------------------------------- conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 500,000 or a higher integral whole multiple of $1,000,000100,000 in excess thereof. In no event shall there be more than ten (10) five Tranches of Loans in the aggregate outstanding at any timetime with respect to the Term Loans or five Tranches outstanding at any time with respect to Revolving Credit Loans.

Appears in 1 contract

Samples: Credit Agreement (Pameco Corp)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 500,000 or a higher integral whole multiple of $1,000,000100,000 in excess thereof. In no event shall there be more than ten (10) 10 Tranches of Loans in the aggregate outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Actava Group Inc)

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Minimum Amounts and Maximum Number of Tranches. All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Term Benchmark Tranche shall be equal to $5,000,000 10,000,000 or a higher integral whole multiple of $1,000,0001,000,000 in excess thereof. In no event shall there be more than ten (10) five Term Benchmark Tranches of Loans in the aggregate outstanding at any time.. 28 ‌ ​

Appears in 1 contract

Samples: Credit Agreement (SOUTHERN CALIFORNIA EDISON Co)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 500,000 or a higher integral whole multiple of $1,000,000. In no event shall there be more than ten (10) Tranches of Loans 100,000 in the aggregate outstanding at any timeexcess thereof.

Appears in 1 contract

Samples: Credit Agreement (Diversified Food Group Inc)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions borrowings and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $£5,000,000 or a higher integral multiple of $£1,000,000. In no event shall there be more than ten (10) Tranches of Loans in the aggregate outstanding at any time.

Appears in 1 contract

Samples: Term Credit Agreement (Affiliated Managers Group, Inc.)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 or a higher integral whole multiple of $1,000,0001,000,000 in excess thereof. In no event shall there be more than ten (10) 7 Tranches of Loans in the aggregate outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Adelphia Communications Corp)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 or a higher integral multiple of $1,000,0001,000,000 in excess thereof. In The Borrower shall be entitled to maintain no event shall there be more than ten (10) Tranches of Loans in the aggregate outstanding at any one time.

Appears in 1 contract

Samples: Credit Agreement (Phelps Dodge Corp)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount Dollar Equivalent Amount of the Loans comprising each Tranche shall be equal to $5,000,000 or a higher integral whole multiple of $1,000,0001,000,000 in excess thereof. In no event shall there be more than ten (10a) 25 Tranches of Loans in the aggregate outstanding at any timetime or (b) 20 Tranches in respect of Revolving Credit Loans and 5 Tranches in respect of Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Hayes Lemmerz International Inc)

Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to $5,000,000 1,000,000 or a higher integral whole multiple of $1,000,000. In no event shall there be more than ten (10) Tranches of Loans 500,000 in the aggregate outstanding at any timeexcess thereof.

Appears in 1 contract

Samples: Credit Agreement (Cogentrix Energy Inc)

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