Common use of Minimum Borrowing Amounts; Maximum Eurodollar Loans Clause in Contracts

Minimum Borrowing Amounts; Maximum Eurodollar Loans. Each Borrowing of Loans shall be in an amount not less than $5,000,000 or a whole multiple of $1,000,000 in excess thereof. Without the Administrative Agent’s consent, there shall not be more than eight (8) Borrowings of Eurodollar Loans outstanding hereunder at any one time.

Appears in 3 contracts

Samples: Amendment Agreement (Cliffs Natural Resources Inc.), Bridge Credit Agreement (Cliffs Natural Resources Inc.), Term Loan Agreement (Cliffs Natural Resources Inc.)

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Minimum Borrowing Amounts; Maximum Eurodollar Loans. Minimum Borrowing Amounts; Maximum Eurodollar Loans" \l 2 . Each Borrowing of Base Rate Loans shall be in an amount not less than $5,000,000 100,000. Each Borrowing of Eurodollar Loans advanced, continued or converted to a whole Eurodollar Loan shall be in an amount equal to $100,000 or such greater amount which is an integral multiple of $1,000,000 in excess thereof100,000. Without the Administrative Agent’s consent, there shall not be more than eight (8) Borrowings of Eurodollar Loans outstanding hereunder at any one timehereunder.

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

Minimum Borrowing Amounts; Maximum Eurodollar Loans. Each Borrowing of Base Rate Loans shall be in an amount not less than U.S. $5,000,000 or a whole multiple of $1,000,000 in excess thereof250,000. Without the Administrative Agent’s consent, there shall not be more than eight (8) Borrowings of Eurodollar Loans outstanding hereunder at any one time; provided that only one such Eurodollar Loan may have an Interest Period of seven (7) days at any one time.

Appears in 1 contract

Samples: Term Loan Agreement (Cliffs Natural Resources Inc.)

Minimum Borrowing Amounts; Maximum Eurodollar Loans. There shall be no minimum Borrowing amount for Base Rate Loans hereunder. Each Borrowing of Eurodollar Loans advanced, continued or converted shall be in an amount not less than equal to $5,000,000 1,000,000 or a whole such greater amount which is an integral multiple of $1,000,000 in excess thereof100,000. Without the Administrative Agent’s consent, there shall not be more than eight five (8) 5) Borrowings of Eurodollar Loans outstanding hereunder at any one time.

Appears in 1 contract

Samples: Credit Agreement (Cobra Electronics Corp)

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Minimum Borrowing Amounts; Maximum Eurodollar Loans. Minimum Borrowing Amounts; Maximum Eurodollar Loans" \l 2 . Each Borrowing of Base Rate Loans shall be in an amount not less than $5,000,000 100,000. Each Borrowing of Eurodollar Loans advanced, continued or converted to a whole Eurodollar Loan shall be in an amount equal to $100,000 or such greater amount which is an integral multiple of $1,000,000 in excess thereof100,000. Without the Administrative Agent’s consent, there shall not be more than eight (8) Borrowings of Eurodollar Loans outstanding hereunder at any one timehereunder.

Appears in 1 contract

Samples: Credit Agreement (Alpine Income Property Trust, Inc.)

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