Minimum Amounts 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 $25,000,000 or a whole multiple of $5,000,000 in excess thereof.
Appears in 6 contracts
Samples: 364 Day Credit Agreement (Cit Group Inc), 364 Day Credit Agreement (Cit Group Inc), 364 Day Credit Agreement (Cit Group Inc)
Minimum Amounts 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, (a) the aggregate principal amount of the Loans comprising each Tranche shall be equal to $25,000,000 2,000,000 or a whole multiple of $5,000,000 100,000 in excess thereof, and (b) the number of Tranches then outstanding shall not exceed eight.
Appears in 4 contracts
Samples: Quarterly Report, Senior Secured Acquisition Term Loan Credit Agreement (El Paso Energy Partners Lp), Credit Agreement (Gulfterra Energy Partners L P)
Minimum Amounts 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 LIBOR Tranche shall be equal to an amount of at least $25,000,000 or 5,000,000 and in a whole multiple of $5,000,000 in excess thereof1,000,000.
Appears in 2 contracts
Samples: Term Loan Agreement (Western Union CO), Term Loan Agreement (Western Union CO)
Minimum Amounts 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 $25,000,000 10,000,000 or a whole multiple of $5,000,000 in excess thereof.
Appears in 2 contracts
Samples: 364 Day Credit Agreement (Anadarko Petroleum Corp), 364 Day Credit Agreement (Anadarko Petroleum Corp)
Minimum Amounts 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 (except Loans made pursuant to Section 2.3(c)) shall be equal to $25,000,000 1,000,000 or a whole multiple of $5,000,000 100,000 in excess thereofthereof and, in any case, there shall not be more than 12 Tranches.
Appears in 2 contracts
Samples: Credit Agreement (Entravision Communications Corp), Credit Agreement (Entravision Communications Corp)
Minimum Amounts 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 $25,000,000 1,000,000 or a whole multiple of $5,000,000 100,000 in excess thereofthereof and, in any case, there shall not be more than 12 Tranches.
Appears in 2 contracts
Samples: Term Loan Agreement (Entravision Communications Corp), Term Loan Agreement (Entravision Communications Corp)
Minimum Amounts 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, (a) the aggregate principal amount of the Loans comprising each Tranche shall be equal to $25,000,000 2,000,000 or a whole multiple of $5,000,000 500,000 in excess thereof, and (b) the number of Tranches then outstanding shall not exceed eight.
Appears in 2 contracts
Samples: Credit Agreement (El Paso Energy Partners Lp), Credit Agreement (El Paso Energy Partners Lp)
Minimum Amounts 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, thereto (a) the aggregate principal amount of the Loans comprising each Tranche shall be equal to $25,000,000 1,000,000 or a whole multiple of $5,000,000 100,000 in excess thereofthereof and (b) no more than seven separate Tranches shall be outstanding at any time.
Appears in 1 contract
Minimum Amounts 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 $25,000,000 1,000,000 or a whole multiple of $5,000,000 1,000,000 in excess thereofthereof and, in any case, there shall not be more than 12 Tranches.
Appears in 1 contract
Minimum Amounts 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 (except Loans made pursuant to Section 2.5(c)) shall be equal to $25,000,000 1,000,000 or a whole multiple of $5,000,000 100,000 in excess thereofthereof and, in any case, there shall not be more than 15 Tranches.
Appears in 1 contract
Samples: Credit Agreement (Friendship Cable of Arkansas Inc)
Minimum Amounts 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 $25,000,000 1,000,000 or a whole multiple of $5,000,000 1,000,000 in excess thereofthereof and, in any case, there shall not be more than 10 Tranches.
Appears in 1 contract
Minimum Amounts 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, (i) the aggregate principal amount of the SOFR Rate Loans comprising each Tranche shall be equal to $25,000,000 500,000 or a whole multiple of $5,000,000 100,000 in excess thereofthereof and (ii) there shall not be more than 5 Tranches at any one time outstanding.
Appears in 1 contract
Samples: Credit Agreement (Napco Security Technologies, Inc)
Minimum Amounts 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, thereto (a) the aggregate principal amount of the Loans comprising each Tranche shall be equal to not less than $25,000,000 or a whole multiple of $5,000,000 in excess thereof1,000,000 and (b) no more than twelve separate Tranches shall be outstanding at any time.
Appears in 1 contract
Minimum Amounts 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, thereto (a) the aggregate principal amount of the Loans comprising each Tranche shall be equal to $25,000,000 10,000,000 or a whole 28 33 multiple of $5,000,000 1,000,000 in excess thereofthereof and (b) there shall be no more than ten different Tranches outstanding at any one time.
Appears in 1 contract
Samples: Revolving Credit Agreement (Globalstar Telecommunications LTD)
Minimum Amounts 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 (except Loans made pursuant to Section 2.5(c)) shall be equal to $25,000,000 1,000,000 or a whole multiple of $5,000,000 100,000 in excess thereofthereof and, in any case, there shall not be more than 12 Tranches.
Appears in 1 contract
Minimum Amounts of Tranches. All borrowings, conversions selections 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 portion of the Term Loan comprising each Tranche shall be equal to at least $25,000,000 or a whole multiple of $5,000,000 102,500 and, in excess thereofany case, there shall not be more than 6 Tranches.
Appears in 1 contract
Samples: Term Loan Agreement (Quiksilver Inc)
Minimum Amounts 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, thereto (a) the aggregate principal amount of the Loans comprising each Tranche shall be equal to $25,000,000 500,000 or a whole multiple of $5,000,000 100,000 in excess thereofthereof and (b) no more than twelve separate Tranches shall be outstanding at any time, excluding Tranches required to comply with subsection 5.8.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (United States Marine Repair Inc)
