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 $5,000,000 or a whole multiple of $1,000,000 in excess thereof.
Appears in 2 contracts
Samples: Day Credit Agreement (Graybar Electric Co Inc), Five Year Credit Agreement (Graybar Electric Co Inc)
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of 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 Revolving Loans and Term Loans comprising any Tranche shall not be less than $5,000,000 3,000,000 or a whole multiple of $1,000,000 in excess thereof.
Appears in 2 contracts
Samples: Credit Agreement (BGF Industries Inc), Credit Agreement (Dan River Inc /Ga/)
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of 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 Revolving Loans and Term Loans comprising any Tranche shall not be less than $5,000,000 or a whole multiple of $1,000,000 in excess thereof.
Appears in 2 contracts
Samples: Credit Agreement (Advanced Glassfiber Yarus LLC), Credit Agreement (Galey & Lord Inc)
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of Revolving Loans and 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 Term Loan comprising any Tranche shall not be less than $5,000,000 or a whole multiple of $1,000,000 in excess thereof.
Appears in 1 contract
Samples: Credit Agreement (Galey & Lord Inc)
Minimum Principal Amount of Tranches. All borrowings, payments and prepayments in respect of Revolving the 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 $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof.
Appears in 1 contract
Samples: Credit Agreement (Bassett Furniture Industries Inc)
