Common use of Minimum Loan Amounts Clause in Contracts

Minimum Loan Amounts. Each SOFR Loan shall be in an aggregate amount that is an integral multiple of $50,000 and not less than $500,000 and each Reference Rate Loan shall be in an aggregate amount that is an integral multiple of $500,000 and not less than $25,000 for each Lender; provided that a Loan may be in an aggregate amount that is equal to the entire unused balance of the Available Commitment of the applicable Fund Group.

Appears in 5 contracts

Samples: Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (AB Private Credit Investors Corp), Revolving Credit Agreement (AB Private Credit Investors Corp)

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Minimum Loan Amounts. Each SOFR Rate Loan shall be in an aggregate amount that is an integral multiple of $50,000 100,000 and not less than $500,000 200,000 and each Reference Rate Loan shall be in an aggregate amount that is an integral multiple of $500,000 100,000 and not less than $25,000 500,000 for each Lender; provided that a Loan may be in an aggregate amount that is equal to the entire unused balance of the Available Commitment of the applicable Fund GroupCommitment.

Appears in 2 contracts

Samples: Revolving Credit Agreement (AB Commercial Real Estate Private Debt Fund, LLC), Revolving Credit Agreement (AB Commercial Real Estate Private Debt Fund, LLC)

Minimum Loan Amounts. Each SOFR Loan shall be in an aggregate amount that is an integral multiple of $50,000 and not less than $500,000 and each Reference Rate Loan shall be in an aggregate amount that is an integral multiple of $500,000 50,000 and not less than $25,000 for each Lender125,000; provided that a Reference Rate Loan may be in an aggregate amount that is equal to the entire unused balance of the Available Commitment or that is required to finance the reimbursement of the applicable Fund Groupa Letter of Credit under Section 2.9(c).

Appears in 1 contract

Samples: Revolving Credit Agreement (Oaktree Gardens OLP, LLC)

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Minimum Loan Amounts. Each Term SOFR Loan shall be in an aggregate amount that is an integral multiple of $50,000 100,000 and not less than $500,000 1,000,000 and each Reference Rate Loan and Daily Simple SOFR Loan shall be in an aggregate amount that is an integral multiple of $500,000 10,000 and not less than $25,000 for each Lender50,000; provided that a Reference Rate Loan or Daily Simple SOFR Loan may be in an aggregate amount that is equal to the entire unused balance of the Available Commitment of the applicable Fund GroupCommitment.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Stellus Private Credit BDC)

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