Maximum Borrowings. More than one Borrowing may be incurred by the Borrower on any day; provided, however, that at no time shall there be more than ten (10) Borrowings of Term SOFR Loans outstanding under this Agreement.
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Samples: Abl Credit Agreement (Builders FirstSource, Inc.), Credit Agreement (Builders FirstSource, Inc.)
Maximum Borrowings. More than one Borrowing may be incurred by the Borrower on any day; provided, however, that (i) if there are two or more Borrowings on a single day (other than with respect to a Term Borrowing made on the Closing Date) by the Borrower that consist of Term SOFR Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than ten (10) five Borrowings of Term SOFR Loans outstanding under this Agreementhereunder. Funding Obligations; Disbursement of Funds.
Appears in 2 contracts
Samples: Credit Agreement (Purple Innovation, Inc.), Credit Agreement (Purple Innovation, Inc.)
Maximum Borrowings. More than one Borrowing may be incurred by the Borrower on any day; provided, however, that (i) if there are two or more Borrowings on a single day (other than with respect to a Term Borrowing made on the Closing Date) by the Borrower that consist of Fixed Rate Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than ten (10) 15 Borrowings of Term SOFR Fixed Rate Loans outstanding under this Agreementhereunder.
Appears in 2 contracts
Samples: Credit Agreement (Cooper Companies Inc), Credit Agreement (Cooper Companies Inc)
Maximum Borrowings. More than one Borrowing may be incurred by the Borrower on any day; provided, however, that (i) if there are two or more Borrowings on a single day (other than with respect to a Term Borrowing made on the Closing Date) by the Borrower that consist of SOFR Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than ten (10) five Borrowings of Term SOFR Loans outstanding under this Agreementhereunder.
Appears in 1 contract
Samples: Credit Agreement (Eastern Co)
Maximum Borrowings. More than one Borrowing may be incurred by the Borrower on any day; provided, however, that at no time shall there be (i) more than ten five (105) Borrowings of Term SOFR Loans outstanding under this Agreementhereunder or (ii) more than five (5) Borrowings of Foreign Currency Loans outstanding hereunder.
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Maximum Borrowings. More than one Borrowing may be incurred by the Borrower on any day; provided, however, that (i) if there are two or more Borrowings on a single day (other than with respect to a Term Borrowing made on the Closing Date) by the Borrower that consist of EurodollarTerm SOFR Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than ten (10) five Borrowings of Term EurodollarTerm SOFR Loans outstanding under this Agreementhereunder.
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