Minimum Amounts of Tranches. All borrowings, conversions and continuations of 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 Revolving Credit Loans comprising each Tranche shall be equal to $15,000,000 or a whole multiple of $1,000,000 in excess thereof.
Appears in 5 contracts
Samples: Credit Agreement (Franklin Resources Inc), Credit Agreement (Franklin Resources Inc), Credit Agreement (Franklin Resources Inc)
Minimum Amounts of Tranches. All borrowings, conversions and continuations of 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 Revolving Credit Loans comprising each Tranche (except Loans made pursuant to Section 2.3(c)) shall be equal to $15,000,000 1,000,000 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 3 contracts
Samples: Credit Agreement (Vdi Media), Credit Agreement (Black Creek Management LLC), Credit Agreement (Classic Communications Inc)
Minimum Amounts of Tranches. All borrowings, conversions and continuations of Revolving Credit the 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 Revolving Credit Loans comprising each such Tranche shall be equal to $15,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof, and, in any case, there shall not be more than ten Tranches.
Appears in 2 contracts
Samples: Term Loan Agreement (Phoenix International Life Sciences Inc), Revolving Credit Agreement (Phoenix International Life Sciences Inc)
