Common use of Borrowings and Conversions Clause in Contracts

Borrowings and Conversions. Except as provided in Section 2.3(e), each borrowing of LIBOR Daily Loans and Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $250,000 in excess thereof. Each borrowing and each Conversion of LIBOR Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess of that amount.

Appears in 1 contract

Samples: And Term Loan Agreement (Columbia Property Trust, Inc.)

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Borrowings and Conversions. Except as otherwise provided in Section 2.3(e2.4(e), each borrowing of Base Rate Loans and LIBOR Daily Loans and Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $250,000 500,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess of that amount.

Appears in 1 contract

Samples: Revolving Credit Agreement (Piedmont Office Realty Trust, Inc.)

Borrowings and Conversions. Except as provided in Section 2.3(e), Each borrowing and each borrowing Conversion of a LIBOR Daily Loans and Base Rate Loans Loan shall be in an aggregate minimum amount of $1,000,000 500,000 and integral multiples of $250,000 in excess thereof. Each borrowing and each Conversion of LIBOR Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 100,000 in excess of that amount.

Appears in 1 contract

Samples: Loan Agreement (Grubb & Ellis Healthcare REIT, Inc.)

Borrowings and Conversions. Except as otherwise provided in Section 2.3(e2.2.(e), each borrowing of LIBOR Daily Loans and Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $250,000 100,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 100,000 in excess of that amount.

Appears in 1 contract

Samples: Security Agreement (Morgans Hotel Group Co.)

Borrowings and Conversions. Except as otherwise provided in Section 2.3(e2.3.(e), each borrowing of LIBOR Daily Loans and Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $250,000 100,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Rate Loans shall be in an aggregate minimum amount of $1,000,000 2,000,000 and integral multiples of $500,000 in excess of that amount.

Appears in 1 contract

Samples: Pledge Agreement (Ashford Hospitality Trust Inc)

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Borrowings and Conversions. Except as provided set forth in Section Sections 2.2(e), 2.3(d), and 2.3(e), each borrowing of LIBOR Daily Loans and Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 500,000 and integral multiples of $250,000 50,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Rate Loans shall be in an aggregate minimum amount of $1,000,000 500,000 and integral multiples of $500,000 50,000 in excess of that amount.

Appears in 1 contract

Samples: Management Agreement (HC Government Realty Trust, Inc.)

Borrowings and Conversions. Except as otherwise provided in Section 2.3(e2.3.(e), each borrowing of LIBOR Daily Loans and Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $100,000 in excess thereof. Each borrowing, Conversion and Continuation of LIBOR Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $250,000 in excess thereof. Each borrowing and each Conversion of LIBOR Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess of that amount.

Appears in 1 contract

Samples: Security Agreement (Ashford Hospitality Trust Inc)

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