Common use of Limitation on LIBOR Loan Tranches Clause in Contracts

Limitation on LIBOR Loan Tranches. At no time shall the number of Revolving Credit Loans bearing interest as LIBOR Loans outstanding at any time outstanding exceed three (3).

Appears in 2 contracts

Samples: Loan Agreement (North Atlantic Trading Co Inc), Loan Agreement (North Atlantic Trading Co Inc)

AutoNDA by SimpleDocs

Limitation on LIBOR Loan Tranches. At no time shall the number --------------------------------- of Revolving Credit Loans bearing interest as LIBOR Loans outstanding at any time outstanding exceed three twelve (3)12) in the aggregate.

Appears in 1 contract

Samples: Loan Agreement (Sypris Solutions Inc)

AutoNDA by SimpleDocs

Limitation on LIBOR Loan Tranches. At no time shall the number of Revolving Credit Loans bearing interest as LIBOR Loans outstanding at any time outstanding exceed three ten (3)10) in the aggregate.

Appears in 1 contract

Samples: Loan Agreement (Group Technologies Corp)

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