Common use of Transactional Amounts Clause in Contracts

Transactional Amounts. Every selection of, conversion from, conversion to or renewal of an interest rate Option and every payment or prepayment of any Loans shall be in a principal amount such that after giving effect thereto the aggregate principal amount of (i) the Base Rate Portion shall be for not less than the lesser of $100,000 or the maximum amount available for Loans to which the Basic Rate option applies and (ii) each Funding Segment of the LIBOR Portion of the Loans shall be $250,000 or an integral multiple of $100,000 in excess thereof.

Appears in 3 contracts

Samples: Credit Agreement (Norstan Inc), Credit Agreement (Black Box Corp), Credit Agreement (Black Box Corp)

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Transactional Amounts. Every selection of, conversion from, conversion to or renewal of an interest rate Option and every payment or prepayment of any Loans shall be in a principal amount such that after giving effect thereto the aggregate principal amount of (i) the Base Rate Portion shall be for not less than the lesser of $100,000 or the maximum amount available for Loans to which the Basic Rate option applies and (ii) each Funding Segment of the LIBOR Portion of the Loans shall be $250,000 1,000,000 or an integral multiple of $100,000 250,000 in excess thereof.

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Transactional Amounts. Every selection of, conversion from, conversion to or renewal of an interest rate Option and every payment or prepayment of any Loans shall be in a principal amount such that after giving effect thereto the aggregate principal amount of (i) the Base Rate Portion shall be for not less than the lesser of $100,000 or the maximum amount available for Loans to which the Basic Rate option Option applies and (ii) each Funding Segment of the LIBOR Euro-Rate Portion of the Loans shall be $250,000 or an integral multiple of $100,000 in excess thereof.

Appears in 1 contract

Samples: Term Credit Agreement (Black Box Corp)

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Transactional Amounts. Every selection of, conversion from, conversion to or renewal of an interest rate Option and every payment or prepayment of any Loans shall be in a principal amount such that after giving effect thereto the aggregate principal amount of (i) the Base Rate Portion shall be for not less than the lesser of $100,000 or the maximum amount available for Loans to which the Basic Rate option applies and (ii) each Funding Segment of the LIBOR Euro-Rate Portion of the Loans shall be $250,000 or an integral multiple of $100,000 in excess thereof.

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

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