Common use of Minimum Loan Amounts Clause in Contracts

Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 and not less than $1,000,000, and each Borrowing of, conversion to or continuation of Base Rate Loans shall be in an amount that is an integral multiple of $100,000 and not less than $500,000; provided, however, that a Base Rate Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or in an aggregate amount that is required for the reimbursement of a Letter of Credit under Section 2.08(c).

Appears in 9 contracts

Samples: Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending VII LLC)

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Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 and not less than $1,000,000, and each Borrowing of, conversion to or continuation of Base Rate Loans shall be in an amount that is an integral multiple of $100,000 and not less than $500,000; provided, however, that a Base Rate Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or in an aggregate amount that is required for the reimbursement of a Letter of Credit under Section 2.08(c)Commitments.

Appears in 2 contracts

Samples: Credit Agreement (TCW Direct Lending LLC), Revolving Credit Agreement (TCW Direct Lending LLC)

Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 and not less than $1,000,000, and each Borrowing of, conversion to or continuation of Base Rate Loans shall be in an amount that is an integral multiple of $100,000 and not less than $500,000; provided, however, that a Base Rate Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or in an aggregate amount that is required for the reimbursement of a Letter of Credit under Section 2.08(c)Commitments.

Appears in 2 contracts

Samples: Revolving Credit Agreement (SLR Private Credit BDC II LLC), Escrow Agreement (SLR Hc BDC LLC)

Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 and not less than $1,000,000, and each Borrowing of, conversion to or continuation of Daily SOFR Loans or Base Rate Loans Loans, shall be in an amount that is an integral multiple of $100,000 and not less than $500,000; provided, however, that a Daily SOFR Loan or Base Rate Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or in an aggregate amount that is required for the reimbursement of a Letter of Credit under Section 2.08(c).

Appears in 1 contract

Samples: Revolving Credit Agreement (TCW Direct Lending VIII LLC)

Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Term Rate Loans shall be in a principal amount that is an integral multiple of $100,000 and not less than $1,000,000, and each Borrowing of, conversion to or continuation of Base Reference Rate Loans shall be in an amount that is an integral multiple of $100,000 and not less than $500,000; provided, however, that a Base Reference Rate Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or in an aggregate amount that is required for the reimbursement of a Letter of Credit under Section 2.08(c2.07(c).

Appears in 1 contract

Samples: Revolving Credit Agreement (Invesco Commercial Real Estate Finance Trust, Inc.)

Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 50,000 and not less than $1,000,000250,000, and each Borrowing ofeither individually or, conversion to if multiple Borrowings, conversions or continuation of Base Rate Loans shall be continuations are made simultaneously, in an amount that is an integral multiple of $100,000 and not less than $500,000the aggregate; provided, however, that a Base Rate Loan or Daily SXXXX Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that, in an aggregate amount that the case of a Base Rate Loan, is required for the reimbursement of a Letter of Credit under Section 2.08(c2.07(e).

Appears in 1 contract

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 50,000 and not less than $1,000,000250,000, and each Borrowing ofeither individually or, conversion to if multiple Borrowings, conversions or continuation of Base Rate Loans shall be continuations are made simultaneously, in an amount that is an integral multiple of $100,000 and not less than $500,000the aggregate; provided, however, that a Base Rate Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or in an aggregate amount that is required for the reimbursement of a Letter of Credit under Section 2.08(c2.07(e).

Appears in 1 contract

Samples: Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

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Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 50,000 and not less than $1,000,000250,000, and each Borrowing ofeither individually or, conversion to if multiple Borrowings, conversions or continuation of Base Rate Loans shall be continuations are made simultaneously, in an amount that is an integral multiple of $100,000 and not less than $500,000the aggregate; provided, however, that a Base Rate Loan or Daily XXXXX Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that, in an aggregate amount that the case of a Base Rate Loan, is required for the reimbursement of a Letter of Credit under Section 2.08(c2.07(e).

Appears in 1 contract

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 and not less than $1,000,000, and each Borrowing of, conversion to or continuation of Base Rate Loans shall be in an amount that is an integral multiple of $100,000 and not less than $500,000; provided, however, that a Base Rate Loan may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or in an aggregate amount that is required for the reimbursement Commitments. Table of a Letter of Credit under Section 2.08(c).Contents

Appears in 1 contract

Samples: Credit Agreement (TCW Direct Lending LLC)

Minimum Loan Amounts. Each Borrowing of, conversion to or continuation of Syndicated Loans shall be in a principal amount that is an integral multiple of $100,000 50,000 and not less than $1,000,000250,000, and each Borrowing ofeither individually or, conversion to if multiple Borrowings, conversions or continuation of Base Rate Loans shall be continuations are made simultaneously, in an amount that is an integral multiple of $100,000 and not less than $500,000the aggregate; provided, however, that a Base Rate Loan or Daily XXXXX Loan may be in an aggregate amount 49 that is equal to the entire unused balance of the total Commitments or that, in an aggregate amount that the case of a Base Rate Loan, is required for the reimbursement of a Letter of Credit under Section 2.08(c2.07(e).

Appears in 1 contract

Samples: Revolving Credit Agreement (Goldman Sachs Private Middle Market Credit II LLC)

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