Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of Revolving Loans shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount of the Revolving Loans comprising any Tranche shall not be less than $3,000,000 or a whole multiple of $1,000,000 in excess thereof.
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of Revolving Loans and the Term Loan shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount of the Revolving Loans and the Term Loan comprising any Tranche shall be (a) with respect to Alternate Base Rate Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof and (b) with respect to LIBOR Rate Loans, $2,000,000 or a whole multiple of $1,000,000 in excess thereof.
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of the Revolving Loans and Term Loans shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount of the Loans comprising any Tranche shall not be less than (i) with respect to LIBOR Rate Loans, $1,000,000 or a whole multiple of $250,000 in excess thereof and (ii) with respect to Base Rate Loans, $500,000 or a whole multiple of $100,000 in excess thereof.
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of Revolving Loans and Term Loans (other than mandatory prepayments) shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount thereof comprising any Tranche shall not be less than (a) with respect to Alternate Base Rate Loans, $1,000,000 or a whole multiple of $100,000 in excess thereof, and (ii) with respect to LIBOR Rate Loans, $2,500,000 or a whole multiple of $100,000 in excess thereof.
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of the Revolving Loans, the Tranche A Term Loan and the Tranche B Term Loan shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount of the Revolving Loans, the Tranche A Term Loan and the Tranche B Term Loan comprising any Tranche shall not be less than (i) with respect to LIBOR Rate Loans, $1,000,000 or a whole multiple of $250,000 in excess thereof and (ii) with respect to Base Rate Loans, $500,000 or a whole multiple of $100,000 in excess thereof.
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of Revolving Loans shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal Dollar Amount (determined as of the most recent Revaluation Date) of the Revolving Loans comprising any Tranche shall be (a) with respect to Alternate Base Rate Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof, and (ii) with respect to LIBOR Rate Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof. No more than fifteen (15) LIBOR Rate Loans may be in effect at any time. For purposes hereof, LIBOR Rate Loans with different Interest Periods shall be considered as separate LIBOR Rate Loans, even if they shall begin on the same date and have the same duration, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new LIBOR Rate Loan with a single Interest Period.
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of Revolving Loans shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal Dollar Amount of the Revolving Loans comprising any Tranche shall be (a) with respect to Alternate Base Rate Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof, and (ii) with respect to LIBOR Rate Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof. No more than fifteen (15) LIBOR Rate Loans may be in effect at any time. For purposes hereof, LIBOR Rate Loans with different Interest Periods shall be considered as separate LIBOR Rate Loans, even if they shall begin on the same date and have the same duration, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new LIBOR Rate Loan with a single Interest Period.
Minimum Principal Amount of Tranches. Lending --------------------------------------------- Offices. -------
(a) All borrowings, payments and prepayments in respect of Revolving Loans and the Term Loans shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount of the Revolving Loans and the Term Loans comprising any borrowing shall be (i) with respect to LIBOR Rate Loans, $2,000,000 or a whole multiple of $1,000,000 in excess thereof, and (ii) with respect to Alternate Base Rate Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof.
(b) LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of Revolving Loans (other than mandatory prepayments) shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount thereof comprising any Tranche shall not be less than $1,000,000 or a whole multiple of $100,000 in excess thereof, in the case of U.S. Revolving Loans, and shall not be less than C$500,000 or a whole multiple of C$100,000 in excess thereof, in the case of Canadian Revolving Loans.
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of U.S. Revolving Loans and Term Loans shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount of the U.S. Revolving Loans and Term Loans comprising any Tranche shall not be less than $3,000,000 or a whole multiple of $1,000,000 in excess thereof. All borrowings, payments and prepayments in respect of U.K. Revolving Loans shall be in such amounts and be made pursuant to such elections that after giving effect thereto the aggregate principal amount of the U.K. Revolving Loans comprising any Tranche shall not be less than $350,000 or a whole multiple of $200,000 in excess thereof.
