Minimum Currency Threshold means (i) in the case of Base Rate Loans, $2.0 million or an integral multiple of $1.0 million in excess thereof, (ii) in the case of Eurocurrency Rate Loans denominated in Dollars, $5.0 million or an integral multiple of $1.0 million in excess thereof, (iii) in the case of Loans denominated in Euro, €2.0 million or an integral multiple of €1.0 million in excess thereof, (iv) in the case of Loans denominated in Sterling, £1.0 million or an integral multiple of £500,000 in excess thereof, (v) in the case of Loans denominated in Canadian Dollars, C$1.0 million or an integral multiple of C$1.0 million in excess thereof and (vi) in the case of Loans denominated in Yen, ¥100.0 million or an integral multiple of ¥100.0 million in excess thereof.
Minimum Currency Threshold means (i) in the case of Base Rate Loans, $2.0 million or an integral multiple of $1.0 million in excess thereof, (ii) in the case of Eurocurrency Rate Loans denominated in Dollars, $5.0 million or an integral multiple of $1.0 million in excess thereof and (iii) in the case of Loans denominated in Sterling, £1.0 million or an integral multiple of £500,000 in excess thereof.
Minimum Currency Threshold means (w) with regard to Dollar Denominated Loans, (i) an integral multiple of $1,000,000 and not less than $5,000,000 for Base Rate Loans and (ii) an integral multiple of $1,000,000 and not less than $5,000,000 for Eurocurrency Loans, (x) with regard to Euro Denominated Loans, an integral multiple of €1,000,000 and not less than €5,000,000 and (y) with regard to GBP Denominated Loans, not less than GBP2,000,000 and, if greater, an integral multiple of GBP1,000,000.
Examples of Minimum Currency Threshold in a sentence
Each Borrowing shall be in an aggregate amount of not less than the Minimum Currency Threshold.
Each such Term Loan Borrowing shall be in an aggregate amount of not less than the Minimum Currency Threshold.
Administrative Borrower may elect different options with respect to different portions (not less than the Minimum Currency Threshold) of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Except for Swingline Loans, Protective Advances and Loans deemed made pursuant to Section 2.18, each Borrowing shall be in an aggregate principal amount that is not less than (and in integral amounts consistent with) the Minimum Currency Threshold or, if less, equal to the remaining available balance of the applicable Commitments.
Borrowers shall have the right at any time and from time to time to prepay any Borrowing, in whole or in part, subject to the requirements of this Section 2.10 and subject to the provisions of Section 9.01(e); provided that each partial prepayment shall be in a principal amount that is not less than (and in integral amounts consistent with) the Minimum Currency Threshold or, if less, the outstanding principal amount of such Borrowing.
More Definitions of Minimum Currency Threshold
Minimum Currency Threshold means (a) in the case of ABR Loans, $2,000,000 or an integral multiple of $1,000,000 in excess thereof, (b) in the case of Eurodollar Loans denominated in Dollars, $5,000,000 or an integral multiple of $1,000,000 in excess thereof, (c) in the case of Revolving Loans denominated in euro, €1,000,000 or an integral multiple of €1,000,000 in excess thereof, (d) in the case of Term Loans denominated in euro, €2,500,000 or an integral multiple of €500,000 in excess thereof, (e) in the case of Loans denominated in Sterling, £1,000,000 or an integral multiple of £500,000 in excess thereof, (f) in the case of Loans denominated in Canadian Dollars, C$1,000,000 or an integral multiple of C$1,000,000 in excess thereof and (g) in the case of Loans denominated in any other Alternative Currency, such Alternative Currency equivalent of $1,000,000 or an integral multiple of such Alternative Currency equivalent of $1,000,000 in excess thereof.
Minimum Currency Threshold means (i) in the case of Revolving Loans denominated in Dollars, $2,000,000 or a higher integral multiple of $1,000,000, (ii) in the case of Revolving Loans denominated in Euros, EUR2,000,000 or a higher integral multiple of EUR1,000,000, (iii) in the case of Revolving Loans denominated in Canadian Dollars, CA $2,000,000 or a higher integral multiple of CA $1,000,000 and (iv) in the case of Revolving Loans denominated in Sterling, £2,000,000 or a higher integral multiple of £1,000,000.
Minimum Currency Threshold means (i) in the case of Loans denominated in Dollars, $5,000,000 or an integral multiple of $1,000,000 in excess thereof, (ii) in the case of Canadian Dollar Loans, C$5,000,000 or an integral multiple of C$1,000,000 in excess thereof, (iii) in the case of Loans denominated in Euros, (Euro)5,000,000 or an integral multiple of (Euro)1,000,000 in excess thereof, (iv) in the case of Loans denominated in Sterling, (Pound Sterling)2,500,000 or an integral multiple of (Pound Sterling)500,000 in excess thereof and (v) in the case of Loans denominated in Francs, CHF5,000,000 or an integral multiple of CHF1,000,000 in excess thereof.
Minimum Currency Threshold means (i) in the case of Base Rate Loans, $2.0 million or an integral multiple of $1.0 million in excess thereof,
Minimum Currency Threshold means (i) in the case of Base Rate Loans, $2,000,000 or an integral multiple of $1,000,000 in excess thereof, (ii) in the case of Term SOFR Loans, $5,000,000 or an integral multiple of $1,000,000 in excess thereof, (iii) in the case of CDOR Loans and Canadian Prime Rate Loans, C$1,000,000 or an integral multiple of C$1,000,000 in excess thereof.
Minimum Currency Threshold means (v) with regard to Dollar Denominated Loans, (i) an integral multiple of $1.0 million and not less than $5.0 million for ABR Loans and (ii) an integral multiple of $1.0 million and not less than $5.0 million for Eurocurrency Loans, (w) with regard to Canadian Dollar Denominated Loans, (i) an integral multiple of Cdn.$1.0 million and not less than Cdn.$5.0 million for Canadian Base Rate Loans and (ii) an integral multiple of Cdn.$1.0 million and not less than Cdn.$5.0 million for BA Rate Loans, (x) with regard to Euro Denominated Loans, an integral multiple of €1.0 million and not less than €5.0 million and (y) with regard to GBP Denominated Loans, not less than GBP2.5 million and, if greater, an integral multiple of GBP1.0 million.
Minimum Currency Threshold means, in the case of (a) Revolving Credit Borrowings in Dollars of (i) Base Rate Loans, an aggregate amount of not less than $3,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) Eurocurrency Rate Loans, an aggregate amount of not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof, (b) Revolving Credit Borrowings in Euros, an aggregate amount of not less than (euro)500,000 or an integral multiple of (euro)100,000 in excess thereof, (c) Revolving Credit Borrowings in Sterling, an aggregate amount of not less than (pound)300,000 or an integral multiple of (pound)100,000 in excess thereof and (d) Revolving Credit Borrowings in Yen, an aggregate amount of not less than (Y)50,000,000 or an integral multiple of (Y)5,000,000 in excess thereof.