Minimum Borrowing Amount definition

Minimum Borrowing Amount means (i) for Revolving Loans $1,000,000 and (ii) for Swingline Loans, $100,000.
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 $1,000,000.

Examples of Minimum Borrowing Amount in a sentence

  • Such Loans made in respect of such Unpaid Drawing on such Reimbursement Date shall be made without regard to the Minimum Borrowing Amount and without regard to the satisfaction of the conditions set forth in Article 7.


More Definitions of Minimum Borrowing Amount

Minimum Borrowing Amount means (i) for Loans maintained as Base Rate Loans, $1,000,000, and (ii) for Loans maintained as Eurodollar Loans, $5,000,000.
Minimum Borrowing Amount means, with respect to (i) Base Rate Loans, $3,000,000, (ii) with respect to Eurocurrency Loans, $5,000,000, in the case of a Borrowing in Dollars, £2,000,000, in the case of a Borrowing in Sterling, and €5,000,000, in the case of a Borrowing in Euros and (iii) with respect to Swing Line Loans, $500,000 or the Dollar Equivalent thereof in an Alternative Currency (or such other amount as the Swing Line Lender may agree.)
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 (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 $250,000.
Minimum Borrowing Amount means $2,000,000.