Common use of Minimum Amounts; Limitation on Number of Borrowings Clause in Contracts

Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 or a larger multiple of $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 or a larger multiple of $500,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments. Borrowings of more than one Type may be outstanding at the same time; provided that there shall not at any time be more than a total of five Eurodollar Borrowings outstanding.

Appears in 3 contracts

Samples: Credit Agreement (First American Corp), Credit Agreement (First American Corp), Credit Agreement (First American Corp)

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Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 10,000,000 or a larger multiple of $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 10,000,000 or a larger multiple of $500,0001,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments. Borrowings of more than one Type may be outstanding at the same time; provided that there shall not at any time be more than a total of five ten Eurodollar Borrowings outstanding.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (American International Group Inc), 364 Day Credit Agreement (American International Group Inc), Credit Agreement (American International Group Inc)

Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 2,500,000 or a larger multiple of $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 2,500,000 or a larger multiple of $500,0001,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments. Borrowings of more than one Type may be outstanding at the same time; provided that there shall not at any time be more than a total of five Eurodollar Borrowings outstanding.

Appears in 2 contracts

Samples: Credit Agreement (First American Financial Corp), Credit Agreement (First American Financial Corp)

Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the Interest Period for any Syndicated Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 10,000,000 or a larger multiple of $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 5,000,000 or a larger multiple of $500,0001,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments. Borrowings of more than one Type and Class and Tranche may be outstanding at the same time; provided that there shall not at any time be more than a total of five 10 Syndicated Eurodollar Borrowings outstanding.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Washington Mutual Inc), Credit Agreement (Washington Mutual Inc)

Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 3,000,000 or a larger multiple of $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 or a larger multiple of $500,0001,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments. Borrowings of more than one Type may be outstanding at the same time; provided that there shall not at any time be more than a total of five Eurodollar Borrowings outstanding.

Appears in 1 contract

Samples: Credit Agreement (Verio Inc)

Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 or a larger multiple of $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 5,000,000 or a larger multiple of $500,0001,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total CommitmentsCommitments of the applicable Class. Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of five seven Eurodollar Borrowings outstanding.

Appears in 1 contract

Samples: Credit Agreement (CCPR Services Inc)

Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the Interest Period for any Eurodollar Syndicated Borrowing, such Syndicated Borrowing shall be in an aggregate amount of $5,000,000 15,000,000 or a larger multiple of $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 or a larger multiple of $500,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments. Each Competitive Borrowing shall be in an aggregate amount equal to $5,000,000 or a larger multiple of $1,000,000. Borrowings of more than one Class, Currency and Type may be outstanding at the same time; provided that there shall not at any time be more than a total of five Eurodollar fifteen Syndicated Eurocurrency Borrowings outstanding.

Appears in 1 contract

Samples: 364 Day Credit Agreement (International Paper Co /New/)

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Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the Interest Period for any Syndicated Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 10,000,000 or a larger multiple of $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 5,000,000 or a larger multiple of $500,0001,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments. Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of five 10 Syndicated Eurodollar Borrowings outstanding.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Washington Mutual Inc)

Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 or a larger that is an integral multiple of $1,000,0001,000,000 and not less than $5,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount equal to $3,000,000 or a larger that is an integral multiple of $500,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to 500,000 and not less than $1,000,000 (or, if less, the entire unused balance remaining principal amount of outstanding Loans under the total Commitmentsapplicable Class). Borrowings of more than one Type and Class may be outstanding at the same time; provided that there shall not at any time be more than a total of five ten (10) Eurodollar Borrowings outstanding.

Appears in 1 contract

Samples: Credit Agreement (Frontier Communications Corp)

Minimum Amounts; Limitation on Number of Borrowings. At the commencement of the Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount of $5,000,000 1,000,000 or a larger multiple of $1,000,000500,000. At the time that each ABR Borrowing is made, such Borrowing shall (except in the case of a Borrowing that utilizes the full amount of the relevant Commitment) be in an aggregate amount equal to $3,000,000 500,000 or a larger multiple of $500,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments100,000. Borrowings of more than one Type may be outstanding at the same time; provided that there shall not at any time be more than a total of five six Eurodollar Borrowings outstanding.

Appears in 1 contract

Samples: Working Capital Agreement (Louisiana Generating LLC)

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