Common use of Minimum Borrowing Amounts, etc.; Pro Rata Borrowings Clause in Contracts

Minimum Borrowing Amounts, etc.; Pro Rata Borrowings. (a) The aggregate principal amount of each Borrowing by the Borrower shall not be less than the Minimum Borrowing Amount. More than one Borrowing may be incurred by the Borrower on any day, provided that: (i) if there are two or more Borrowings on a single day under the General Revolving Facility that consist of Eurodollar Loans, each such Borrowing shall have a different initial Interest Period; (ii) only one Borrowing under the Swing Line Revolving Facility may be made on any single day; and (iii) at no time shall there be more than an aggregate of 8 Borrowings under the General Revolving Facility and the Swing Line Revolving Facility.

Appears in 2 contracts

Samples: General Revolving Note (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)

AutoNDA by SimpleDocs

Minimum Borrowing Amounts, etc.; Pro Rata Borrowings. (a) The aggregate principal amount of each Borrowing by the Borrower shall not be less than the Minimum Borrowing Amount. More than one Borrowing may be incurred by the Borrower on any day, provided that: (i) if there are two or more Borrowings on a single day under the General Revolving same Facility that consist of Eurodollar Loans, each such Borrowing shall have a different initial Interest Period; (ii) only one Borrowing under the Swing Line Revolving Facility may be made on any single day; and (iii) at no time shall there be more than an aggregate of 8 eight Borrowings under the General Revolving Facility and the Swing Line Revolving Facilityof Eurodollar Loans outstanding hereunder.

Appears in 1 contract

Samples: Credit Agreement (Calgon Carbon Corporation)

AutoNDA by SimpleDocs

Minimum Borrowing Amounts, etc.; Pro Rata Borrowings. (a) The aggregate principal amount of each Borrowing by the Borrower shall not be less than the Minimum Borrowing Amount. More than one Borrowing may be incurred by the Borrower on any day, provided that: that (i) if there are two or more Borrowings on a single day under by the General Revolving Facility that Borrower which consist of Eurodollar Eurocurrency Loans, each such Borrowing shall have a different initial Interest Period; , (ii) only one Borrowing may be made under the Swing Line Revolving Facility may be made on any single day; , and (iii) at no time shall there be more than an aggregate of 8 Borrowings under the General Revolving Facility and the Swing Line Revolving Facilityof Eurocurrency Loans outstanding hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Memc Electronic Materials Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.