Common use of Size and Term of Advances Clause in Contracts

Size and Term of Advances. (a) Each Base Rate Advance shall be in an aggregate minimum amount of US$5,000,000 and in a whole multiple of US$1,000,000. (b) Each SOFR Advance shall be in minimum amount of US$5,000,000 and a whole multiple of US$1,000,000. In its notice requesting a SOFR Advance, the Borrower shall select an Available Tenor of one, three or six months (subject to availability) to apply to such particular SOFR Advance. (c) Terms of Available Tenors of lengths other than those specified in Section 6.6(b) shall also be available at the discretion of the Lenders from time to time and the Agent may, in circumstances of market disruption or illiquidity, restrict the term or maturity dates of SOFR Advances. There shall not at any time be SOFR Advances outstanding with more than 12 different maturity dates. No Interest Period may end on a date that is not a Banking Day, after the Maturity Date, or after a date on which the Credit is required to be reduced if that would adversely affect the Borrower's ability to make the reduction. (d) Each L/C issued under this Agreement shall have a term that is not more than one year after its issuance date or renewal date (which may extend beyond the then- current Maturity Date), but may provide for automatic extension of its term for successive periods of up to one year each as long as the Issuing Banks have the right to avoid automatic extension by giving notice to the beneficiary of the L/C before the extension becomes effective. An L/C may otherwise be renewed by the Borrower subject to complying with the terms of this Agreement applicable to an Advance by way of L/C. On the Maturity Date or the cancellation of the Credit, the Borrower shall arrange for all outstanding L/Cs to be returned to the relevant Issuing Bank for cancellation or, with the consent of the relevant Issuing Bank, provide Cash Collateral to the relevant Issuing Bank in an amount sufficient (in the opinion of such Issuing Bank) to fully secure all outstanding L/Cs and all L/C Fees for the remainder of their respective terms, in which case the Cash Collateral shall be held by the relevant Issuing Bank in place of the Security.

Size and Term of Advances. (a) Each Prime Rate Advance or Base Rate Advance shall be in an aggregate minimum amount of C$5,000,000 or US$5,000,000, respectively and in a whole multiple of C$1,000,000 and US$1,000,000, respectively. (b) Each Advance of B/As or B/A Equivalent Loan shall be in an aggregate minimum amount of C$5,000,000 and in a whole multiple of US$C$1,000,000. In its notice requesting an Advance of B/As or B/A Equivalent Loan, the Borrower requesting such Advance shall select a term of one, two, three or six months to apply to such Advance. (bc) Each SOFR LIBOR Advance shall be in minimum amount of US$5,000,000 and a whole multiple of US$1,000,000. In its notice requesting a SOFR LIBOR Advance, the Borrower requesting such Advance shall select an Available Tenor a LIBOR Period of one, two, three or six months (subject to availability) to apply to such particular SOFR LIBOR Advance. (cd) Terms of Available Tenors B/As and LIBOR Periods of lengths other than those specified in Section Sections 6.6(b) and 6.6(c) shall also be available at the discretion of the Lenders from time to time and the Agent may, in circumstances of market disruption or illiquidity, restrict the term or maturity dates of SOFR B/As and/or LIBOR Advances. There shall not at any time be SOFR B/As and/or LIBOR Advances outstanding with more than 12 different maturity dates. No Interest B/A may mature and no LIBOR Period may end on a date that is not a Banking Day, after the Maturity Date, or after a date on which the Credit is required to be reduced if that would adversely affect the Borrower's Borrowers' ability to make the reduction. (de) Each L/C issued under this Agreement shall have a term that is not more than one year after its issuance date or renewal date (which may extend beyond the then- current Maturity Date), but may provide for automatic extension of its term for successive periods of up to one year each as long as the Issuing Banks have the right to avoid automatic extension by giving notice to the beneficiary of the L/C before the extension becomes effective. An L/C may otherwise be renewed by the Borrower on whose behalf it was issued subject to complying with the terms of this Agreement applicable to an Advance by way of L/C. On the Maturity Date or the cancellation of the Credit, the Borrower Borrowers shall arrange for all outstanding L/Cs to be returned to the relevant Issuing Bank for cancellation or, with the consent of the relevant Issuing Bank, provide Cash Collateral to the relevant Issuing Bank in an amount sufficient (in the opinion of such Issuing Bank) to fully secure all outstanding L/Cs and all L/C Fees for the remainder of their respective terms, in which case the Cash Collateral shall be held by the relevant Issuing Bank in place of the Security.

Size and Term of Advances. (a1) Each Prime Rate Advance or Base Rate Advance shall be in an aggregate minimum amount of US$5,000,000 $1,000,000 or US $1,000,000, respectively and in a whole multiple of US$1,000,000$100,000 or US $100,000, respectively. (b2) Each XXXXX Advance shall be in an aggregate minimum amount of $1,000,000 and in a whole multiple of $100,000. In its notice requesting a XXXXX Advance, the Borrower shall select an Interest Period of one or three months to apply to any particular XXXXX Advance. If no Interest Period is specified with respect to any requested XXXXX Advance, the Borrower shall be deemed to have selected an Interest Period of one month's duration. (3) Each SOFR Advance shall be in minimum amount of US$5,000,000 US $1,000,000 and a whole multiple of US$1,000,000US $100,000. In its notice requesting a SOFR Advance, the Borrower shall select an Available Tenor Interest Period of one, three or six months (subject to availability) to apply to such any particular SOFR Advance. If no Interest Period is specified with respect to any requested SOFR Advance, the Borrower shall be deemed to have selected an Interest Period of one month's duration. (c4) Terms of Available Tenors Interest Periods of lengths other than those specified in Section 6.6(bSections 5.6(2) and 5.6(3) shall also be available at the discretion of the Lenders from time to time and the Agent may, in circumstances of market disruption or illiquidity, restrict the term or maturity dates of XXXXX Advances and/or SOFR Advances. There shall not at any time be SOFR Advances outstanding with more than 12 different maturity dates. No Interest Period may end on a date that is not a Banking Business Day, after the Maturity Datematurity date of the Credit, or after a date on which the Credit is required to be reduced if that would adversely affect the Borrower's ability to make the reduction. (d5) Each L/C issued under this Agreement shall have a term that is not more than one year after its issuance date or renewal date (which may extend beyond the then- then-current Maturity Datematurity date of the Credit), but may provide for automatic extension of its term for successive periods of up to one year each as long as the Issuing Banks have Bank has the right to avoid automatic extension by giving notice to the beneficiary of the L/C before the extension becomes effective. An L/C may otherwise be renewed by the Borrower subject to complying with the terms of this Agreement applicable to an Advance by way of L/C. On the Maturity Date or the cancellation of the Credit, the Borrower shall arrange for all outstanding L/Cs to be returned to the relevant Issuing Bank for cancellation or, with the consent concurrence of the relevant Issuing Bank, provide Cash Collateral to the relevant Issuing Bank in an amount sufficient (in the opinion of such Issuing Bank) to fully secure all outstanding L/Cs and all L/C Fees for the remainder of their respective terms, in which case the Cash Collateral shall be held by the relevant Issuing Bank in place of the Security.

Size and Term of Advances. (a) Each Prime Rate Advance or Base Rate Advance shall be in an aggregate minimum amount of C$5,000,000 or US$5,000,000, respectively and in a whole multiple of C$1,000,000 and US$1,000,000, respectively. (b) Each Advance of B/As or B/A Equivalent Loan shall be in an aggregate minimum amount of C$5,000,000 and in a whole multiple of US$C$1,000,000. In its notice requesting an Advance of B/As or B/A Equivalent Loan, the Borrower requesting such Advance shall select a term of one, two, three or six months to apply to such Advance. (bc) Each SOFR LIBOR Advance shall be in minimum amount of US$5,000,000 and a whole multiple of US$1,000,000. In its notice requesting a SOFR LIBOR Advance, the Borrower requesting such Advance shall select an Available Tenor a LIBOR Period of one, two, three or six months (subject to availability) to apply to such particular SOFR LIBOR Advance. (cd) Terms of Available Tenors B/As and LIBOR Periods of lengths other than those specified in Section Sections 6.6(b) and 6.6(c) shall also be available at the discretion of the Lenders from time to time and the Agent may, in circumstances of market disruption or illiquidity, restrict the term or maturity dates of SOFR B/As and/or LIBOR Advances. There shall not at any time be SOFR B/As and/or LIBOR Advances outstanding with more than 12 different maturity dates. No Interest B/A may mature and no LIBOR Period may end on a date that is not a Banking Day, after the Maturity Date, or after a date on which the Credit is required to be reduced if that would adversely affect the Borrower's ability to make the reduction. (de) Each L/C issued under this Agreement shall have a term that is not more than one year after its issuance date or renewal date (which may extend beyond the then- current Maturity Date), but may provide for automatic extension of its term for successive periods of up to one year each as long as the Issuing Banks have the right to avoid automatic extension by giving notice to the beneficiary of the L/C before the extension becomes effective. An L/C may otherwise be renewed by the Borrower on whose behalf it was issued subject to complying with the terms of this Agreement applicable to an Advance by way of L/C. On the Maturity Date or the cancellation of the Credit, the Borrower shall arrange for all outstanding L/Cs to be returned to the relevant Issuing Bank for cancellation or, with the consent of the relevant Issuing Bank, provide Cash Collateral to the relevant Issuing Bank in an amount sufficient (in the opinion of such Issuing Bank) to fully secure all outstanding L/Cs and all L/C Fees for the remainder of their respective terms, in which case the Cash Collateral shall be held by the relevant Issuing Bank in place of the Security.