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

Minimum Amounts of Tranches; Maximum Number of Tranches. (a) 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 $1,000,000 or a whole multiple of $100,000 in excess thereof. (b) No more than fifteen (15) Tranches of Eurodollar Loans shall be outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Buckeye Partners, L.P.), Credit Agreement (Buckeye Partners L P)

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Minimum Amounts of Tranches; Maximum Number of Tranches. (a) 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 Eurodollar Tranche shall be at least equal to $1,000,000 or a whole multiple of $100,000 in excess thereof. (b) 1,000,000. No more than fifteen (15) five Eurodollar Tranches of Eurodollar Loans shall in the aggregate may be outstanding at any one timetime under this Agreement and the Notes.

Appears in 2 contracts

Samples: Construction Loan Agreement (Taubman Realty Group LTD Partnership), Construction Loan Agreement (Taubman Centers Inc)

Minimum Amounts of Tranches; Maximum Number of Tranches. (a) 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 Eurodollar Loans comprising each Tranche shall be equal to $1,000,000 or a whole multiple of $100,000 in excess thereof. (b) No more than fifteen (15) Tranches of Eurodollar Loans shall be outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Cypress Environmental Partners, L.P.), Credit Agreement (Cypress Environmental Partners, L.P.)

Minimum Amounts of Tranches; Maximum Number of Tranches. (a) 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 $1,000,000 or a whole multiple of $100,000 in excess thereof. (b) No more than fifteen ten (1510) Tranches of Eurodollar Loans shall be outstanding at any one time.

Appears in 1 contract

Samples: Credit Agreement (SemGroup Corp)

Minimum Amounts of Tranches; Maximum Number of Tranches. (a) All borrowings, Conversions conversions and Continuations continuation 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 of Eurodollar Loans shall be equal to $1,000,000 5,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof. (b) No more than fifteen (15) Tranches of Eurodollar Loans The Borrower shall be not have outstanding at any one timetime more than in the aggregate five Tranches of Eurodollar Loans.

Appears in 1 contract

Samples: Credit Agreement (Transaction Network Services Inc)

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Minimum Amounts of Tranches; Maximum Number of Tranches. (a) 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, thereto (a) the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $1,000,000 5,000,000 or a whole multiple of $100,000 1,000,000 in excess thereof. thereof and (b) No more than fifteen (15) Tranches of the Eurodollar Loans shall not be outstanding at any one timeas more than five Tranches.

Appears in 1 contract

Samples: Credit Agreement (Western Union CO)

Minimum Amounts of Tranches; Maximum Number of Tranches. (a) All borrowings, Conversions and Continuations of Eurodollar 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 Eurodollar Loans comprising each Tranche shall be equal to $1,000,000 or a whole multiple of $100,000 in excess thereof. (b) No more than fifteen (15) Tranches of Eurodollar Loans shall be outstanding at any one time.

Appears in 1 contract

Samples: Credit Agreement (Cheniere Energy Inc)

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