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, (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 ADollars, A$1,000,000.
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Examples of Minimum Borrowing Multiple in a sentence

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

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

  • The Tranche Amount of the Proposed Borrowing for Base Rate Tranches must be in an amount of at least the Minimum Borrowing Amount of $1,000,000 and in multiples of the Minimum Borrowing Multiple of $500,000.

  • 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.

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

  • 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).

  • 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 $500,000.
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Minimum Borrowing Multiple means $1,000,000.
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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 $100,000.
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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, €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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Related to Minimum Borrowing Multiple

  • 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).

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

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

  • 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.

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

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