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 the Alternate Base Rate Portion of the Loans, or the aggregate principal amount of each Funding Segment of the Euro-Rate Portion of the Loans, shall be as set forth below: PORTION OR FUNDING SEGMENT ALLOWABLE AGGREGATE PRINCIPAL AMOUNTS -------------------------- ------------------------------------- Alternate Base Rate Portion and $10,000,000 plus an integral Each Funding Segment of the multiple of $1,000,000. Euro-Rate Portion
Appears in 2 contracts
Samples: Short Term Revolving Credit Agreement (Exel LTD), Revolving Credit Agreement (Exel LTD)
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 the Alternate Base Rate Portion of the Revolving Credit Loans, or the aggregate principal amount of each Funding Segment of the Euro-Rate Portion of the Revolving Credit Loans, shall be as set forth below: PORTION OR FUNDING SEGMENT ALLOWABLE AGGREGATE PRINCIPAL AMOUNTS Portion or Funding Segment Allowable Aggregate Principal Amounts -------------------------- ------------------------------------- Alternate Base Rate Portion and $10,000,000 plus an integral Any Each Funding Segment of the multiple of $1,000,000. Euro-Rate Portion$100,000 or an integral multiple of Portion $50,000 in excess thereof.
Appears in 1 contract