Common use of Maximum Number of Tranches Clause in Contracts

Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be made pursuant to such elections so that, after giving effect thereto, the aggregate number of Eurodollar Tranches outstanding at any time shall not exceed twelve.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Aftermarket Technology Corp), Credit Agreement (Aftermarket Technology Corp)

Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be made pursuant to such elections so that, after giving effect thereto, the aggregate number of Eurodollar Tranches outstanding at any time shall not exceed twelvetwenty.

Appears in 1 contract

Sources: Credit Agreement (Aftermarket Technology Corp)