Common use of Minimum Advances Clause in Contracts

Minimum Advances. Each Advance by way of Prime Loan shall be in a minimum aggregate amount of Cdn$1,000,000. Each Advance by way of Bankers' Acceptance shall be in a minimum aggregate face amount of Cdn$2,000,000 and larger whole multiples of Cdn$100,000.

Minimum Advances. Each Advance by way of Prime Loan shall be in a minimum aggregate amount of Cdn$1,000,000. Each Advance by way of Bankers' ’ Acceptance shall be in a minimum aggregate face amount of Cdn$2,000,000 and larger whole multiples of Cdn$100,000.