Common use of Amount and Term Clause in Contracts

Amount and Term. Each Advance shall be: (a) of a Guilder Amount which is a minimum of NLG 10,000,000 and, in the case of Advances to be made in Guilders, an integral multiple of NLG 5,000,000, or the balance of the Commitments; (b) denominated in one currency only; and (c) borrowed for a Term of one, two, three or six months (or, with the prior agreement of all of the Banks, such other period as the Parent may select) ending on or before the Termination Date.

Appears in 3 contracts

Sources: Loan Agreement (United International Holdings Inc), Loan Agreement (United Pan Europe Communications Nv), Loan Agreement (United Pan Europe Communications Nv)