Minimum Loan Amount. Except for Loans which exhaust the full remaining amount of the Aggregate Loan Commitment and conversions which result in the conversion of all Loans subject to a particular interest rate option, each of which may be in lesser amounts, (i) each LIBO Rate Loan when made (and each conversion of Base Rate Loans into LIBO Rate Loans) shall be in an amount at least equal to $250,000, and (ii) each Base Rate Loan when made (and each conversion of LIBO Rate Loans into Base Rate Loans) shall be in an amount at least equal to $250,000.
Appears in 4 contracts
Samples: Credit Agreement (Eplus Inc), Credit Agreement (Eplus Inc), Credit Agreement (Eplus Inc)
Minimum Loan Amount. Except for Loans which exhaust the full remaining amount of the Aggregate Revolving Loan Commitment and conversions which result in the conversion of all Loans subject to a particular interest rate option, each of which may be in lesser amounts, (i) each LIBO Rate Loan when made (and each conversion of Base Rate Loans into LIBO Rate Loans) shall be in an amount at least equal to $250,0003,000,000 or, if greater, then in such minimum amount plus $100,000 multiples, and (ii) each Base Rate Loan when made (and each conversion of LIBO Rate Loans into Base Rate Loans) shall be in an amount at least equal to $250,000250,000 or, if greater, then in such minimum amount plus $25,000 multiples.
Appears in 2 contracts
Samples: Credit Agreement (Aerocentury Corp), Credit Agreement (Aerocentury Corp)
Minimum Loan Amount. Except for Loans which exhaust the full remaining amount of the Aggregate Loan Commitment and conversions which result in the conversion of all Loans subject to a particular interest rate option, each of which may be in lesser amounts, (i) each LIBO Rate Loan when made (and each conversion of Base Rate Loans into LIBO Rate Loans) shall be in an amount at least equal to $250,000500,000 or a whole multiple of $250,000 in excess thereof, and (ii) each Base Rate Loan when made (and each conversion of LIBO Rate Loans into Base Rate Loans) shall be in an amount at least equal to $250,000250,000 or a whole multiple of $250,000 in excess thereof.
Appears in 1 contract
Samples: Credit Agreement (Eplus Inc)
Minimum Loan Amount. Except for Revolving Loans which exhaust the full remaining amount of the Aggregate Revolving Loan Commitment and conversions which result in the conversion of all Loans subject to a particular interest rate option, each of which may be in lesser amounts, (i) each LIBO Rate Loan when made (and each conversion of Base Rate Loans into LIBO Rate Loans) shall be in an amount at least equal to $250,0003,000,000 or, if greater, then in such minimum amount plus $100,000 multiples, and (ii) each Base Rate Loan when made (and each conversion of LIBO Rate Loans into Base Rate Loans) shall be in an amount at least equal to $250,000150,000.
Appears in 1 contract
Minimum Loan Amount. Except for Loans which exhaust the full remaining amount of the Aggregate Loan Commitment and conversions which result in the conversion of all Loans subject to a particular interest rate option, each of which may be in lesser amountsamount, (i) each Term Loan when made shall be in an amount at least equal to $5,000,000 or, if greater, then in such minimum amount plus $100,000 multiples , (ii) each Revolving Credit Loan when made shall be in an amount at least equal to $150,000, (iii) each LIBO Rate Loan when made (and each conversion of Base Rate Loans into LIBO Rate Loans) shall be in an amount at least equal to $250,0001,000,000 or, if greater, then in such minimum amount plus $100,000 multiples, and (iiiv) each Base Rate Loan when made (and each conversion of LIBO Rate Loans into Base Rate Loans) shall be in an amount at least equal to $250,000150,000.
Appears in 1 contract
