Common use of Eurodollar Tranches Clause in Contracts

Eurodollar Tranches. All borrowings, conversions and continuations of 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, each Eurodollar Tranche shall be in an amount equal to One Million Dollars ($1,000,000) or a whole multiple of One Million Dollars ($1,000,000) in excess thereof and there shall be, in the aggregate, no more than 10 Eurodollar Tranches outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Midamerican Energy Holdings Co /New/), Credit Agreement (Midamerican Energy Holdings Co /New/)

AutoNDA by SimpleDocs

Eurodollar Tranches. All borrowings, conversions and continuations of 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, each Eurodollar Tranche shall be in an amount equal to One Million Dollars ($1,000,000) 10,000,000 or a whole multiple of One Million Dollars ($1,000,000) 1,000,000 in excess thereof and there shall be, in the aggregate, be no more than 10 12 Eurodollar Tranches outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Computer Associates International Inc), Credit Agreement (Computer Associates International Inc)

AutoNDA by SimpleDocs

Eurodollar Tranches. All borrowings, conversions and continuations of 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, each Eurodollar Tranche shall be in an amount equal to One Million Dollars ($1,000,000) or a whole multiple of One Million Dollars ($1,000,000) in excess thereof and there shall be, in the aggregate, no more than 10 ten (10) Eurodollar Tranches outstanding at any one time.

Appears in 2 contracts

Samples: Credit Agreement (Midamerican Energy Holdings Co /New/), Credit Agreement (Midamerican Energy Holdings Co /New/)

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