Common use of Borrowing Mechanics for Loans Clause in Contracts

Borrowing Mechanics for Loans. (i) Loans (other than New Term Loans) shall be made in a minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof (when aggregated for all Lenders in connection with a single Credit Extension).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Focal Communications Corp), Credit and Guaranty Agreement (Focal Communications Corp)

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Borrowing Mechanics for Loans. (i) Loans (other than Tranche A Term Loans and New Term Loans) shall be made in a minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof (when aggregated for all Lenders in connection with a single Credit Extension)thereof.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Gabriel Communications Inc /De/)

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Borrowing Mechanics for Loans. (i1) Loans (other than New Term Loans) shall be made in a minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess thereof (when aggregated for all Lenders in connection with a single Credit Extension)thereof.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Allegiance Telecom Inc)

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