Minimum Borrowing Amount definition

Minimum Borrowing Amount means (a) with respect to a Borrowing of Term Loans or Revolving Credit Loans, $1,000,000 and (b) with respect to a Borrowing of Swingline Loans, $100,000.
Minimum Borrowing Amount means (a) for Base Rate Loans, $1,000,000, with minimum increments thereafter of $500,000, and (b) for Eurodollar Loans, $5,000,000, with minimum increments thereafter of $500,000.
Minimum Borrowing Amount means $1,000,000.

Examples of Minimum Borrowing Amount in a sentence

  • The aggregate principal amount of each Borrowing of Revolving Credit Loans shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Revolving Credit Loans to reimburse such Letter of Credit Issuer with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable).

  • Such Revolving Credit Loans shall be made without regard to the Minimum Borrowing Amount.


More Definitions of Minimum Borrowing Amount

Minimum Borrowing Amount means (i) with respect to a Borrowing of LIBOR Loans, the Dollar Equivalent of $1,000,000 (or, if less, the entire remaining applicable Commitments at the time of such Borrowing) and (ii) with respect to a Borrowing of ABR Loans, the Dollar Equivalent of $1,000,000 (or, if less, the entire remaining applicable Commitments at the time of such Borrowing).
Minimum Borrowing Amount means $500,000.
Minimum Borrowing Amount means (i) for Swingline Loans, $250,000 and (ii) for all other Loans, $2,500,000.
Minimum Borrowing Amount means $250,000.
Minimum Borrowing Amount means, with respect to any Borrowing of Loans, $500,000 (or, if less, the entire remaining Commitments at the time of such Borrowing).
Minimum Borrowing Amount means
Minimum Borrowing Amount means (i) with respect to any Base Rate Loan, $1,000,000 (or the Dollar Equivalent thereof in any Designated Foreign Currency), with minimum increments thereafter of $100,000 (or the Dollar Equivalent thereof in any Designated Foreign Currency), (ii) with respect to any Eurodollar Loan or Foreign Currency Loan, $5,000,000 (or the Dollar Equivalent thereof in any Designated Foreign Currency), with minimum increments thereafter of $1,000,000 (or the Dollar Equivalent thereof in any Designated Foreign Currency), and (iii) with respect to Swing Loans, $100,000, with minimum increments thereafter of $50,000.