Minimum Borrowing Multiple definition

Minimum Borrowing Multiple means, (i) in the case of a Borrowing in Dollars, $1,000,000, (ii) in the case of a Borrowing in Euros, €1,000,000 and (iii) in the case of a Borrowing in Sterling £500,000.
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Minimum Borrowing Multiple means, (i) in the case of a Borrowing in Dollars, $1,000,000 ($500,000 for Swing Line Loans in Dollars), (ii) in the case of a Borrowing in Euros, €1,000,000 (€500,000 for Swing Line Loans in Euros), (iii) in the case of a Borrowing in Sterling £1,000,000 (£500,000 for Swing Line Loans in Sterling) and (iv) in the case of a Borrowing in Canadian Dollars, Cdn.$1,000,000.
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Minimum Borrowing Multiple means $500,000.
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Examples of Minimum Borrowing Multiple in a sentence

  • Before making their appointments, the Governor, Speaker, President, and minority leaders are all required to solicit recommendations, on the appointments they are to make, from the state's medical colleges and medical research institutions, the National Institutes of Health, and other sources familiar with experts in the field of biomedical research and in commercializing the results of such research.

  • Revolving Loan Borrowings must be made in an amount equal to or greater than the Minimum Borrowing Amount and be made in multiples of the Minimum Borrowing Multiple.

  • Prepayments of the Revolving B Loan shall be made in integral multiples of the Minimum Borrowing Multiple.

  • Prepayments of the Acquisition Loan shall be made in integral multiples of the Minimum Borrowing Multiple.

  • Prepayments of the Revolving A Loan shall be made in integral multiples of the Minimum Borrowing Multiple.

  • Mr. Moxam stated that he wants the Authority to seriously considered the disadvantage that his businesses are at due to their less than prominent locations.The Authority responded that it does not want the applicant to feel that he is being singled out.The Authority thanked the applicant for appearing.

  • Revolving B Loan Borrowings must be made in an amount equal to or greater than the Minimum Borrowing Amount and be made in multiples of the Minimum Borrowing Multiple.

  • The aggregate principal amount of each Borrowing by any Canadian Borrower hereunder shall be not less than the Minimum Borrowing Amount and, if greater, shall be in the Minimum Borrowing Multiple (or, if greater than the Minimum Borrowing Amount but less than the Minimum Borrowing Multiple, the then Total Available Canadian Revolving Commitment).

  • Prepayments of the Revolving Credit Loan shall be made in integral multiples of the Minimum Borrowing Multiple.

  • Except as provided in the prior sentence, Revolving Credit Borrowings must be made in an amount equal to or greater than the applicable Minimum Borrowing Amount and be made in multiples of the Minimum Borrowing Multiple.


More Definitions of Minimum Borrowing Multiple

Minimum Borrowing Multiple means $1,000,000.
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Minimum Borrowing Multiple means, (i) in the case of a Borrowing in Dollars, $1,000,000, (ii) in the case of a Borrowing in Euros,
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Minimum Borrowing Multiple means $250,000 for each Base Rate Tranche and $1,000,000 for each LIBOR Tranche.
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Minimum Borrowing Multiple means, (i) in the case of a Borrowing in Dollars, $1,000,000, (ii) in the case of a Borrowing in Euros, €1,000,000, (iii) in the case of a Borrowing in Sterling, £500,000, (iv) in the case of a Borrowing in any Agreed Alternative Currency, the Dollar Equivalent of $1,000,000, (v) in the case of a Borrowing of Standard Currency Swing Line Loans, with respect to Standard Currency Swing Line Loans, $500,000 Dollars, £300,000 Sterling, €500,000 or the Dollar Equivalent of $1,000,000 in any other Alternative Currency, (vi) in the case of a Borrowing of Canadian Swing Line Loans, Cdn. $500,000, and (vii) in the case of a Borrowing of Australian Swing Line Loans, A$50,000.
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Minimum Borrowing Multiple means $100,000. --------------------------
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Minimum Borrowing Multiple means $100,000.
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Related to Minimum Borrowing Multiple

  • Borrowing Multiple means (a) in the case of a Borrowing denominated in US Dollars, $1,000,000, (b) in the case of a Borrowing denominated in Canadian Dollars, Cdn.$1,000,000, (c) in the case of a Borrowing denominated in Sterling, £1,000,000 and (d) in the case of a Borrowing denominated in Euro, €1,000,000.

  • Borrowing Minimum means (a) in the case of a Borrowing denominated in US Dollars, $5,000,000, (b) in the case of a Borrowing denominated in Canadian Dollars, Cdn.$5,000,000, (c) in the case of a Borrowing denominated in Sterling, £5,000,000 and (d) in the case of a Borrowing denominated in Euro, €5,000,000.

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

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Revolving Multicurrency Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Multicurrency Commitments.

  • Euro-Dollar Borrowing has the meaning set forth in Section 1.3.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Eurodollar Rate Borrowing means a Borrowing comprised of Eurodollar Rate Loans.

  • Eurodollar Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Eurocurrency Tranche the collective reference to Eurocurrency Loans under a particular Facility the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Term Borrowing means a borrowing consisting of Term Loans of the same Type and the same Class and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders of the applicable Class under this Agreement.

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Initial Dollar Principal Amount means $1,000,000,000, or such higher amount as is specified in any Notice of Additional Issuance under Section 2.09 hereof.

  • Euro-Dollar Reserve Percentage has the meaning set forth in Section 2.06(c).

  • Eurodollar Reserve Percentage means, for any day during any Interest Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.

  • Applicable ECF Percentage means, for any fiscal year, (a) 50% if the Total Leverage Ratio as of the last day of such fiscal year is greater than or equal to 6.00 to 1.00, (b) 25% if the Total Leverage Ratio as of the last day of such fiscal year is less than 6.00 to 1.00 but greater than or equal to 5.00 to 1.00 and (c) 0% if the Total Leverage Ratio as of the last day of such fiscal year is less than 5.00 to 1.00.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • borrowing rate means the interest rate expressed as a fixed or variable percentage applied on an annual basis to the amount of credit drawn down;

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Interest Percentage With respect to any Class of Certificates and any Distribution Date, the ratio (expressed as a decimal carried to six places) of the Accrued Certificate Interest for such Class to the sum of the Accrued Certificate Interest for all Classes, in each case with respect to such Distribution Date, without regard to Relief Act Interest Shortfalls.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • Outstanding Dollar Principal Amount has the meaning specified in the Indenture.