Common use of Tranches of Loans Clause in Contracts

Tranches of Loans. Each Loan may be divided into Tranches from time to time, provided that (i) not more than eight different Groups of Eurodollar Tranches shall be outstanding at any one time and (ii) the aggregate principal amount of each Group of Eurodollar Tranches shall at all times (including after giving effect to any conversion or continuation) be at least U.S.$500,000.

Appears in 2 contracts

Samples: Term Loan Agreement, Term Loan Agreement (United Rentals Inc /De)

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Tranches of Loans. Each Loan may be divided into Tranches from time to ----------------- time, provided that (i) not more than eight different Groups of Eurodollar -------- Tranches shall be outstanding at any one time and (ii) the aggregate principal amount of each Group of Eurodollar Tranches shall at all times (including after giving effect to any conversion or continuation) be at least U.S.$500,000.

Appears in 1 contract

Samples: Intercreditor Agreement (United Rentals North America Inc)

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Tranches of Loans. Each Loan may be divided into Tranches from time ----------------- to time, provided that (i) not more than eight different Groups of Eurodollar -------- Tranches shall be outstanding at any one time and (ii) the aggregate principal amount of each Group of Eurodollar Tranches shall at all times (including after giving effect to any conversion or continuation) be at least U.S.$500,000.

Appears in 1 contract

Samples: Term Loan Agreement

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