Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 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 $250,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type or Class may be outstanding at the same time; provided that there shall not at any time be more than a total of fifteen (15) Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.
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Samples: Credit Agreement (EV Energy Partners, LP), Credit Agreement (EV Energy Partners, LP)
Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar LIBOR Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 and not less than $1,000,000. At the time that each any ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 and not less than $1,000,000250,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Aggregate Commitments less total Revolving Credit Exposure, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e2.07(d). At the commencement of each Interest Period for any EURIBOR Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of €500,000 and not less than €1,000,000. Borrowings of more than one Type or Class may be outstanding at the same time; provided that there shall not at any time be more than a total of fifteen twelve (1512) Eurodollar LIBOR Borrowings outstandingand EURIBOR Borrowings outstanding at any time. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.
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Samples: Credit Agreement (Exterran Corp), Credit Agreement (Exterran Holdings Inc.)
Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar LIBOR Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 and not less than $1,000,000. At the time that each any ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 and not less than $1,000,000250,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Aggregate Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e2.07(d). At the commencement of each Interest Period for any EURIBOR Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of €500,000 and not less than €1,000,000. Borrowings of more than one Type or and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of fifteen twelve (1512) Eurodollar LIBOR Borrowings outstandingand EURIBOR Borrowings outstanding at any time. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Revolving Borrowing if the Interest Period requested with respect thereto would end after the Revolving Maturity Date or any Term Loan Borrowing if the Interest Period requested with respect thereto would end after the Term Loan Maturity Date.
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Samples: Credit Agreement (Exterran Holdings Inc.), Credit Agreement (Exterran Corp)
Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Term Benchmark Borrowing, such Term Benchmark Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 and not less than $1,000,000500,000 and increments of $500,000 in excess thereof. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 and not less than $1,000,000500,000 and increments of $500,000 in excess thereof; provided that that, notwithstanding the foregoing, an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, under the applicable Facility or (B) amounts that is required to finance the reimbursement of an LC Disbursement a Reimbursement Obligation as contemplated by Section 2.08(e2.07(f)(iii). Borrowings of more than one Type or Class may be outstanding at the same time; , provided that (i) there shall not at any time be more than a total of fifteen six (156) Eurodollar Term Benchmark Borrowings outstandingoutstanding and (ii) there shall be no more than an aggregate of three (3) Classes of Term Loan Facilities under this Agreement. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Applicable Maturity Date.
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Samples: Credit Agreement (PDC Energy, Inc.)
Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 100,000 and not less than $1,000,000500,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 100,000 and not less than $1,000,000500,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type or Class may be outstanding at the same time; provided that (i) while the Borrowing Base is less than $25,000,000, there shall not at any time be more than a total of ten (10) Eurodollar Borrowings outstanding and (ii) while the Borrowing Base is equal to or greater than $25,000,000, there shall not at any time be more than a total of fifteen (15) Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.
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Minimum Amounts; Limitation on Number of Borrowings. (i) At the commencement of each Interest Period for any Eurodollar Term Benchmark Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 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 $250,000 and not less than $1,000,000500,000. At the time that each ABR Borrowing (or if then applicable, RFR Borrowing) is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $200,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). .
(ii) Borrowings of more than one Type or Class may be outstanding at the same time; , provided that (A) there shall not at any time be more than a total of fifteen ten (1510) Eurodollar Term Benchmark Borrowings outstandingor RFR Borrowings (if applicable) outstanding and (B) there shall be no more than an aggregate of three Classes of Term Loan Facilities under this Agreement. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing a Loan if the Interest Period requested with respect thereto would end after the Applicable Maturity Date.
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Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 100,000 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 $250,000 10,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e); and provided further that an ABR Borrowing may be in a lesser amount such that after giving effect to such Borrowing the Loan Parties shall not have any Excess Cash. Borrowings of more than one Type or Class may be outstanding at the same time; , provided that there shall not at any time be more than a total of fifteen (15) 6 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.
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Samples: Credit Agreement (Primeenergy Corp)
Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 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 $250,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type or Class may be outstanding at the same time; provided that there shall not at any time be more than a total of fifteen ten (1510) Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.
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Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 and not less than (i) $1,000,00050,000,000 for any Term Loan Borrowing and (ii) $2,000,000 for any other Borrowing. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 500,000 and not less than (i) $1,000,00050,000,000 for any Term Loan Borrowing and (ii) $1,000,000 for any other Borrowing; provided that that, an ABR Borrowing may be in an a lesser aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments or Term Loan Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposureas applicable, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type or Class may be outstanding at the same time; , provided that (i) there shall not at any time be more than a total of fifteen ten (1510) Eurodollar Borrowings outstandingoutstanding and (ii) the Borrower may not request more than a total of ten (10) Term Loan Borrowings during the period commencing on the Closing Date and ending on the Term Loan Maturity Date. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Termination Date.
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Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 100,000 and not less than $1,000,000500,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 100,000 and not less than $1,000,000500,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type or Class may be outstanding at the same time; provided that (i) while the Borrowing Base is less than $25,000,000, there shall not at any time be more than a total of ten (10) Eurodollar Borrowings outstanding and (ii) while the Borrowing Base is equal to or greater than $25,000,000, there shall not at any time be more than a total of fifteen (15) Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date or, with respect to any Tranche B Eurodollar Loan, the Tranche B Termination Date.
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Minimum Amounts; Limitation on Number of Borrowings. At the --------------------------------------------------- commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 and not less than $1,000,00020,000,000. At the time that each ABR Revolving Credit Borrowing or ABR Revolving Term Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 and not less than $1,000,00010,000,000; provided that an that, subject to the requirements of paragraph -------- (b) of this Section, any such ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Commitments of the applicable Class, and any ABR Revolving Credit Exposure, or (B) amounts Borrowing may be in an aggregate amount that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e2.05(e). Each Swingline Loan shall be in an amount that is not less than $100,000. Borrowings of more than one Type or and Class may be outstanding at the same time; provided that there shall not at any time be more -------- than a total of fifteen (15) 10 Eurodollar Borrowings outstanding. Notwithstanding any other provision outstanding for each Class of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity DateBorrowing.
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Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 100,000 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 $250,000 10,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e); and provided further that an ABR Borrowing may be in a lesser amount such that after giving effect to such Borrowing the Loan Parties shall not have any Excess Cash. Borrowings of more than one Type or Class may be outstanding at the same time; , provided that there shall not at any time be more than a total of fifteen (15) 6 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.
(e) Section 2.03(a)(vi) of the Original Credit Agreement shall be amended and restated to read in its entirety as follows:
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Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 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 $250,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Commitments less total Revolving Credit Exposure, or (B) amounts required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type or Class may be outstanding at the same time; provided that there shall not at any time be more than a total of fifteen ten (15) Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.10)
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Minimum Amounts; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar LIBOR Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $500,000 and not less than $1,000,000. At the time that each any ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $250,000 and not less than $1,000,000250,000; provided that an ABR Borrowing may be in an aggregate amount that does not exceed (i) with respect is equal to Working Capital Revolving Borrowings, the entire unused and available balance of the Working Capital Revolving Sub-Commitments, (ii) with respect to General Revolving Borrowings, (A) the total Aggregate Commitments less total Revolving Credit Exposure, or (B) amounts that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e2.07(d). At the commencement of each Interest Period for any EURIBOR Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of €500,000 and not less than €1,000,000. Borrowings of more than one Type or and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of fifteen twelve (1512) Eurodollar LIBOR Borrowings outstandingand EURIBOR Borrowings outstanding at any time. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Revolving Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.
Appears in 1 contract
Samples: Credit Agreement (Exterran Corp)