Dollar Amount definition
Examples of Dollar Amount in a sentence
Each other Borrowing of, conversion to or continuation of SOFR Loans or Alternative Currency Term Rate Loans shall be (i) in a principal amount of $500,000 (or the equivalent Dollar Amount) (or, solely in the case of the Delayed Draw Term Loans, $15,000,000 (or the equivalent Dollar Amount), or the remainder thereof, if less), or (ii) a whole multiple of $100,000 (or the equivalent Dollar Amount) in excess thereof, or the remainder thereof, if less.
If, for any reason, the Borrowers are prohibited by any Law from making any required payment hereunder in an Alternative Currency, the Borrowers shall make such payment in Dollars in the equivalent Dollar Amount.
The Borrowers shall pay directly to the applicable L/C Issuer for its own account to be agreed between the Borrowers and the applicable L/C Issuer (not to exceed 0.125% per annum) multiplied by the maximum daily amount then available to be drawn under such Letter of Credit on a quarterly basis in arrears and based on the Dollar Amount thereof.
Each Term Borrowing of, conversion to or continuation of SOFR Loans or Alternative Currency Loans shall be (i) in a principal amount of $1,000,000 (or the equivalent Dollar Amount) (or, solely in the case of the Delayed Draw Term Loans, $15,000,000 (or the equivalent Dollar Amount), or the remainder thereof, if less), or (ii) a whole multiple of $500,000 (or the equivalent Dollar Amount) in excess thereof, or the remainder thereof, if less.
Except as provided in Section 2.03(d), each Term Borrowing of, or conversion to, Base Rate Loans or Alternative Currency Daily Rate Loans shall be (i) in a principal amount of $1,000,000 (or the equivalent Dollar Amount) (or, solely in the case of the Delayed Draw Term Loans, $15,000,000 (or the equivalent Dollar Amount, or the remainder thereof, if less)), or (ii) a whole multiple of $500,000 (or the equivalent Dollar Amount) in excess thereof, or the remainder thereof, if less.