Common use of Minimum Amount of Each Borrowing; Maximum Number of Borrowings Clause in Contracts

Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Revolving Credit Loans shall be in a multiple of $1,000,000 and Swingline Loans shall be in a multiple of $100,000 and, in each case, shall not be less than the Minimum Borrowing Amount with respect thereto (except that Mandatory Borrowings shall be made in the amounts required by Section 2.1(d)).

Appears in 2 contracts

Samples: Credit Agreement (Kinder Morgan Holdco LLC), Pledge Agreement (Kinder Morgan Inc)

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Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Revolving Credit Loans shall be in a multiple of $1,000,000 and Swingline Loans shall be in a multiple of $100,000 10,000 and, in each case, shall not be less than the Minimum Borrowing Amount with respect thereto (except that Mandatory Borrowings shall be made in the amounts required by Section 2.1(d)). More than one Borrowing may be incurred on any date, provided that at no time shall there be outstanding more than 20 Borrowings of LIBOR Loans under this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (PanAmSat Holding CORP), Credit Agreement (Panamsat Corp /New/)

Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Loans, Revolving Credit Loans shall be in a multiple of $1,000,000 and or Swingline Loans shall be in a multiple multiples of $100,000 and1,000,000. More than one Borrowing may be incurred on any date, in each case, provided that at no time shall not there be less outstanding more than the Minimum Borrowing Amount with respect thereto ten (except that Mandatory 10) Borrowings shall be made in the amounts required by Section 2.1(d))of LIBOR Loans.

Appears in 2 contracts

Samples: Security Agreement (Serena Software Inc), Credit Agreement (Serena Software Inc)

Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Loans, Revolving Credit Loans shall be in a multiple of $1,000,000 and or Swingline Loans shall be in a multiple of $100,000 and, in each case, and shall not be less than the Minimum Borrowing Amount with respect thereto (except that Mandatory Borrowings shall be made in the amounts required by Section 2.1(d2.1(f)). More than one Borrowing may be incurred on any date, provided that at no time shall there be outstanding more than 20 Borrowings of Eurodollar Loans under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Bristol West Holdings Inc)

Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Revolving Credit Loans shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $1,000,000 100,000 in excess thereof and Swingline Loans shall be in a multiple minimum amount of $100,000 and, and in each case, shall not be less than the Minimum Borrowing Amount with respect thereto (except that Mandatory Borrowings shall be made in the amounts required by Section 2.1(d)).a multiple of - 66- 727670773 12335469

Appears in 1 contract

Samples: Credit Agreement (EP Energy Corp)

Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Revolving Credit Loans shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $1,000,000 and Swingline Loans shall be in a multiple of $100,000 and, in each case, shall not be less than the Minimum Borrowing Amount with respect thereto excess thereof (except borrowings to reimburse Unpaid Drawings under Revolving Letters of Credit). More than one Borrowing may be incurred on any date; provided that Mandatory Borrowings at no time shall there be made in the amounts required by Section 2.1(d)).outstanding more than

Appears in 1 contract

Samples: Credit Agreement (Vistra Corp.)

Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Revolving Credit Loans shall be in a multiple of $1,000,000 and Swingline Loans shall be in a multiple of $100,000 10,000 and, in each case, shall not be less than the Minimum Borrowing Amount with respect thereto (except that Mandatory Borrowings shall be made in the amounts required by Section 2.1(d)). More than one Borrowing may be incurred on any date; provided that at no time shall there be outstanding more than twelve (12) Borrowings of LIBOR Loans under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Intelsat S.A.)

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Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing by Borrower hereunder shall be not less than (i) in the case of Term Loans or Revolving Credit Loans a Base Rate Loan, $5,000,000 and, if greater, shall be in a multiple integral multiples of $1,000,000 above such minimum (or, if less, the then Total Available Revolving Commitment) and Swingline Loans shall be (ii) in a multiple of $100,000 and, in each case, shall not be less than the Minimum Borrowing Amount with respect thereto (except that Mandatory Borrowings shall be made in the amounts required by Section 2.1(d)).the

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Loans, Revolving Credit Loans shall be in a multiple of $1,000,000 and or Swingline Loans shall be in a multiple of $100,000 and, in each case, and shall not be less than the Minimum Borrowing Amount with respect thereto (except that Mandatory Borrowings shall be made in the amounts required by Section 2.1(d)). More than one Borrowing may be incurred on any date, provided that at no time shall there be outstanding more than 20 Borrowings of Eurodollar Loans under this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Wki Holding Co Inc)

Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans or Revolving Credit Loans shall be in a multiple of $1,000,000 and Swingline Loans shall be in a multiple of $100,000 250,000 and, in each case, shall not be less than the Minimum Borrowing Amount with respect thereto (except that Mandatory Borrowings shall be made in the amounts required by Section 2.1(d)). More than one Borrowing may be incurred on any date, provided that at no time shall there be outstanding more than six (6) Borrowings of LIBOR Loans under this Agreement.

Appears in 1 contract

Samples: Revolving Loan Credit Agreement (McJunkin Red Man Holding Corp)

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