Minimum Borrowing Amount definition

Minimum Borrowing Amount means (i) for Revolving Loans, $5,000,000, and (ii) for Swingline Loans, $1,000,000.
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, 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.)

Examples of Minimum Borrowing Amount in a sentence

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


More Definitions of Minimum Borrowing Amount

Minimum Borrowing Amount means $1,000,000.
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 (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 $250,000.
Minimum Borrowing Amount means $5,000,000.
Minimum Borrowing Amount means $2,000,000.