Minimum Amounts of Tranches. Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions and continuations of LIBOR Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the LIBOR Loans comprising each Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof.
Appears in 6 contracts
Samples: Credit Agreement (Laidlaw Environmental Services Inc), Credit Agreement (Safety Kleen Corp/), Credit Agreement (Laidlaw Environmental Services Inc)
Minimum Amounts of Tranches. Notwithstanding anything to the contrary in this Agreement, all All borrowings, conversions and continuations of LIBOR Revolving Credit Loans and Term Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the LIBOR Revolving Credit Loans and Term Loans comprising each LIBOR Tranche shall be equal to $5,000,000 10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than five LIBOR Tranches outstanding at any time.
Appears in 4 contracts
Samples: Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc)
Minimum Amounts of Tranches. Notwithstanding anything to the contrary in this Agreement, all All borrowings, conversions and continuations of LIBOR Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the LIBOR Loans comprising each LIBOR Tranche shall be equal to a Dollar Amount (determined as of the most recent Revaluation Date) of at least $5,000,000 or and, solely with respect to Loans denominated in Dollars, in a whole multiple of $1,000,000 in excess thereof1,000,000.
Appears in 3 contracts
Samples: Credit Agreement (Western Union CO), Credit Agreement (Western Union CO), Credit Agreement (Western Union CO)
Minimum Amounts of Tranches. Notwithstanding anything to the contrary in this Agreement, all All borrowings, conversions and continuations of LIBOR Revolving Credit Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the LIBOR Revolving Credit Loans comprising each LIBOR Tranche shall be equal to $5,000,000 10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than ten LIBOR Tranches outstanding at any time.
Appears in 3 contracts
Samples: Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc), Credit Agreement (Mastercard Inc)
Minimum Amounts of Tranches. Notwithstanding anything to the contrary in this Agreement, all All borrowings, conversions and continuations of LIBOR Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the LIBOR Loans comprising each Tranche shall be equal to $5,000,000 3,000,000 or a whole multiple of $1,000,000 100,000 in excess thereofthereof and, in any case, there shall not be more than 8 Tranches.
Appears in 2 contracts
Samples: Credit and Term Loan Agreement (Quiksilver Inc), Credit and Term Loan Agreement (Quiksilver Inc)
Minimum Amounts of Tranches. Notwithstanding anything to the contrary in this Agreement, all All borrowings, conversions and continuations of LIBOR Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the LIBOR Loans comprising each LIBOR Tranche shall be equal to an amount of at least $5,000,000 or and in a whole multiple of $1,000,000 in excess thereof1,000,000.
Appears in 2 contracts
Samples: Term Loan Agreement (Western Union CO), Term Loan Agreement (Western Union CO)
Minimum Amounts of Tranches. Notwithstanding anything to the contrary in this Agreement, all All borrowings, conversions and continuations of LIBOR Revolving Credit Loans and Term Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the LIBOR Revolving Credit Loans and Term Loans comprising each LIBOR Tranche shall be equal to $5,000,000 10,000,000 or a whole multiple of CREDIT AGREEMENT $1,000,000 in excess thereof. In no event shall there be more than five LIBOR Tranches outstanding at any time.
Appears in 1 contract
Samples: Credit Agreement (Mastercard Inc)
Minimum Amounts of Tranches. Notwithstanding anything to the contrary in this Agreement, all All borrowings, conversions and continuations of LIBOR Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the LIBOR Loans comprising each Tranche shall be equal to $5,000,000 2,000,000 or a whole multiple of $1,000,000 100,000 in excess thereofthereof and, in any case, there shall not be more than 8 Tranches.
Appears in 1 contract
