Certain Minimum Amounts Sample Clauses

Certain Minimum Amounts. Each partial reduction in the Commitments, and each borrowing or prepayment of principal of Committed Loans shall be in an amount equal to the relevant minimum amounts or corresponding larger whole multiples specified below: Minimum Amount Multiples of Reduction of Commitments $ 10,000,000 $ 1,000,000 Borrowing of: Base Rate Loans $ 10,000,000 $ 1,000,000 Eurodollar Loans $ 10,000,000 $ 1,000,000 Prepayment of: Base Rate Loans $ 10,000,000 $ 1,000,000 Eurodollar Loans $ 10,000,000 $ 1,000,000 Borrowings of Base Rate Loans may be in any amount if such borrowing exhausts the full remaining amount of the Commitments. Borrowings or prepayments of Loans of different types or, in the case of Eurodollar Loans, having different Interest Periods at the same time hereunder shall be deemed separate borrowings or prepayments for the purposes of the foregoing, one for each type or Interest Period. Anything in this Agreement to the contrary notwithstanding, the aggregate principal amount of Eurodollar Loans having the same Interest Period shall be at least equal to the minimum amount set forth above.
AutoNDA by SimpleDocs
Certain Minimum Amounts. Each partial reduction in the Commitments, each Borrowing or repayment of principal of Loans and each Drawing shall be in an amount equal to the relevant minimum amounts or corresponding larger whole multiples specified below: Minimum Amount Multiples of Reduction of Commitments $ 10,000,000 $ 1,000,000 Borrowing of Prime Rate Loans $ 10,000,000 $ 1,000,000 Repayment of Prime Rate Loans $ 10,000,000 $ 1,000,000 Drawings $ 10,000,000 $ 1,000,000 Borrowings of Prime Rate Loans may be in any amount if such borrowing exhausts the full remaining amount of the Commitments.
Certain Minimum Amounts. Each partial reduction in the Commitments, and each Borrowing or repayment of principal of Loans shall be in an amount equal to the relevant minimum amounts or corresponding larger whole multiples specified below: Minimum Amount Multiples of Reduction of Commitments of a Class $ 5,000,000 $ 1,000,000 Borrowing of Loans of a Class $ 5,000,000 $ 1,000,000 Repayment of Loans of a Class $ 5,000,000 $ 1,000,000 Borrowings of Loans of either Class may be in any amount if such borrowing exhausts the full remaining amount of the Commitments of such Class.
Certain Minimum Amounts. Each partial reduction in the Commitments, and each borrowing or prepayment of principal of Committed Loans shall be in an amount equal to the relevant minimum amounts or corresponding larger whole multiples specified below: Minimum Amount Multiples of Reduction of Commitments $ 10,000,000 $ 1,000,000 Borrowing of: Base Rate Loans $ 10,000,000 $ 1,000,000 Term SOFR Loans $ 10,000,000 $ 1,000,000 Prepayment of: Base Rate Loans $ 10,000,000 $ 1,000,000 Term SOFR Loans $ 10,000,000 $ 1,000,000 Borrowings of Base Rate Loans may be in any amount if such borrowing exhausts the full remaining amount of the Commitments. Borrowings or prepayments of Loans of different types or, in the case of Term SOFR Loans, having different Interest Periods at the same time hereunder shall be deemed separate borrowings or prepayments for the purposes of the foregoing, one for each type or Interest Period. Anything in this Agreement to the contrary notwithstanding, the aggregate principal amount of Term SOFR Loans having the same Interest Period shall be at least equal to the minimum amount set forth above.

Related to Certain Minimum Amounts

  • Minimum Amounts (A) in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitment and the Loans at the time owing to it or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and

  • Minimum Amounts; Limitation on Number of Borrowings At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $1,000,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the total Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.08(e). Borrowings of more than one Type may be outstanding at the same time, provided that there shall not at any time be more than a total of 8 Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.

  • Maximum Amount In consideration of the services to be performed by Contractor, the State agrees to pay Contractor, in accordance with the payment provisions specified in Attachment B, a sum not to exceed $250,000.00.

  • Minimum Liquidity The Borrower shall not permit Liquidity at any time to be less than $50,000,000.

Time is Money Join Law Insider Premium to draft better contracts faster.