Common use of Maximum Borrowings Clause in Contracts

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 by the Borrower that consist of LIBOR Rate Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than eight (8) Borrowings of LIBOR Rate Loans outstanding hereunder.

Appears in 1 contract

Samples: Credit Agreement (Kona Grill Inc)

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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 by the Borrower that consist of LIBOR Fixed Rate Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than eight (8) Borrowings of LIBOR Fixed Rate Loans outstanding hereunder.

Appears in 1 contract

Samples: Credit Agreement (Esco Technologies 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 by the Borrower that consist of LIBOR Rate Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than eight five (8) 5) Borrowings of LIBOR Rate Loans outstanding hereunder.

Appears in 1 contract

Samples: Credit Agreement (Kona Grill Inc)

Maximum Borrowings. More than one Borrowing borrowing of Loans may be incurred by the Borrower Borrowers on any day; provided, however, that (i) if there are two or more Borrowings such borrowings on a single day by the same Borrower that consist of LIBOR Fixed Rate Loans, each such Borrowing borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than eight (8) Borrowings of LIBOR 12 Fixed Rate Loans outstanding hereunder.

Appears in 1 contract

Samples: Credit Agreement (RPM International Inc/De/)

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Maximum Borrowings. More than one Borrowing may be incurred by the a 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 Term Loan Draw Date) by the a Borrower that consist of LIBOR Fixed Rate Loans, each such Borrowing shall have a different initial Interest Period, and (ii) at no time shall there be more than eight (8) 20 Borrowings of LIBOR Fixed Rate Loans outstanding hereunder.

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

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