Borrowing Multiple means (a) in the case of a Borrowing denominated in US Dollars, US$1,000,000 and (b) in the case of a Borrowing denominated in any Alternative Currency, 1,000,000 units of such currency.
Borrowing Multiple means $1,000,000.
Borrowing Multiple means (a) in the case of Eurocurrency Loans, $500,000, (b) in the case of ABR Loans, $250,000 and (c) in the case of Swingline Loans, $100,000.
Examples of Borrowing Multiple in a sentence
At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum.
At the commencement of each Interest Period for any Term SOFR Borrowing, such Borrowing(c) shall be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum; provided that a Term SOFR Borrowing that results from a continuation of an outstanding Term SOFR Borrowing may be in an aggregate amount that is equal to such outstanding Borrowing.
More Definitions of Borrowing Multiple
Borrowing Multiple means $100,000.
Borrowing Multiple means, in respect of Advances denominated in Dollars, $1,000,000 in respect of Advances denominated in Sterling, £1,000,000 and, in respect of Advances denominated in Euro, €1,000,000.
Borrowing Multiple means (a) in the case of a Revolving Loan Borrowing, $1,000,000 and (b) in the case of a Swingline Loan, $100,000.
Borrowing Multiple means (a) in the case of a Eurodollar Revolving Borrowing, $500,000 and (b) in the case of an ABR Revolving Borrowing, $250,000.
Borrowing Multiple means $500,000.
Borrowing Multiple means $1.0 million, except in the case of Swingline Loans, $500,000.
Borrowing Multiple means (a) in the case of SOFR Loans, $500,000 and (b) in the case of ABR Loans, $250,000.