Common use of Minimum Amount of Each Advance Clause in Contracts

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 if in excess thereof); provided that any Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstanding.

Appears in 4 contracts

Sources: Credit Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 10,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance provided, however, that in no event shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 if in excess thereof); provided that any Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate six (6) Eurodollar Advances would be outstandingpermitted to be outstanding at any time.

Appears in 4 contracts

Sources: Term Credit Agreement (Aon Corp), Term Credit Agreement (Aon Corp), Senior Bridge Term Loan Credit Agreement (Aon Corp)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 10,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (5,000,000 and in multiples of $1,000,000 if in excess thereof); provided , provided, however, that any Base Rate Advance may be in the amount of the unused Commitments. The Company Aggregate Commitment, and provided, further, however, that in no event shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 five (5) separate Eurodollar Advances would be outstandingoutstanding at any time.

Appears in 2 contracts

Sources: Credit Agreement (Houghton Mifflin Co), Credit Agreement (Houghton Mifflin Co)

Minimum Amount of Each Advance. Except as provided Each Eurodollar Advance shall be in Section 2.16(fthe minimum amount of $10,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Eurodollar Alternate Base Rate Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 500,000 if in excess thereof); provided provided, however, that (a) any Alternate Base Rate Advance may be in the amount of the unused Commitments. The Company Aggregate Commitment and (b) in no event shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate six (6) Eurodollar Advances would be outstandingpermitted to be outstanding at any time.

Appears in 2 contracts

Sources: Credit Agreement (Dexter Corp), Credit Agreement (Dexter Corp)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 if 100,000 in excess thereof); provided , and each Alternate Base Rate Advance shall be in the minimum amount of $100,000 (and in multiples of $10,000 in excess thereof), provided, however, that any Alternate Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingAggregate Commitment.

Appears in 2 contracts

Sources: Credit Agreement (Platinum Technology Inc), Credit Agreement (Platinum Technology International Inc)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Revolving Advance shall be in the minimum amount of $5,000,000 (2,500,000 and incremental amounts in integral multiples of $1,000,000 if in excess thereof)250,000, and each Base Rate Revolving Advance shall be in the minimum amount of $1,000,000 (and incremental amounts in integral multiples of $1,000,000 if in excess thereof); provided 100,000, provided, however, that any Base Rate Revolving Advance may be in the amount of the unused CommitmentsAvailable Aggregate Revolving Commitment. The Company Each Advance of Term Loans shall not request a Eurodollar Advance ifbe in minimum amounts as required pursuant to Section 2.1(b) or (c), after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingas applicable.

Appears in 2 contracts

Sources: Credit Agreement (Extra Space Storage Inc.), Credit Agreement (Extra Space Storage Inc.)

Minimum Amount of Each Advance. Except as provided Each Eurodollar Committed Advance shall be in Section 2.16(fthe minimum amount of $10,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Eurodollar Alternate Base Rate Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 if in excess thereof); provided provided, however, that any Alternate Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingAggregate Commitment.

Appears in 2 contracts

Sources: 364 Day Revolving Credit Agreement (Dynegy Inc), Credit Agreement (Dynegy Inc)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 500,000 if in excess thereof); provided provided, that any Base Rate Advance may be in the amount (even if less than the minimum amounts designated above) of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingAggregate Commitment.

Appears in 1 contract

Sources: Term Loan Agreement (Enable Midstream Partners, LP)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Alternate Base Rate Advance shall be in the minimum amount of $1,000,000 5,000,000 (and in multiples of $1,000,000 if in excess thereof); provided , provided, however, that any Alternate Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingAggregate Commitment.

Appears in 1 contract

Sources: Credit Agreement (Lafarge Corp)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (1,000,000 and in multiples of $1,000,000 100,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 if in excess thereof); provided that any Base Rate Advance may be in the amount of the unused Commitments. The Company Borrowers shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 six separate Eurodollar Advances would be outstanding.

Appears in 1 contract

Sources: Term Loan Agreement (Sun Communities Inc)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Alternate Base Rate Advance shall be in the minimum amount of $1,000,000 5,000,000 (and in multiples of $1,000,000 if in excess thereof); provided provided, however, that (a) any Alternate Base Rate Advance may be in the amount of the unused Commitments. The Company Aggregate Commitment and (b) in no event shall not request a more than twelve (12) Eurodollar Advance if, after giving effect Advances (or such greater number as shall be acceptable to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would Administrative Agent) be outstandingpermitted to be outstanding at any time.

Appears in 1 contract

Sources: Credit Agreement (Midas Inc)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 500,000 if in excess thereof); provided provided, that any Base Rate Advance may be in the amount (even if less than the minimum amounts designated above) of any remaining portion of the unused Commitments. The Company shall Loans not request a otherwise allocated to Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingAdvances.

Appears in 1 contract

Sources: Term Loan Agreement (Enable Midstream Partners, LP)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Alternate Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 100,000 if in excess thereof); provided provided, however, that (a) any Alternate Base Rate Advance may be in the amount of the unused Commitments. The Company Aggregate Commitment; and (b) in no event shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate ten (10) Eurodollar Advances would be outstandingpermitted to be outstanding at any time.

Appears in 1 contract

Sources: Credit Agreement (SPX Corp)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Eurodollar Each EurocurrencySOFR Advance shall be in the minimum amount of $5,000,000 (and incremental amounts in integral multiples of $1,000,000 if in excess thereof)1,000,000, and each Base Rate Advance shall be in the minimum amount of $1,000,000 (5,000,000 and incremental amounts in integral multiples of $1,000,000 if in excess thereof)1,000,000; provided provided, however, that any Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingAvailable Aggregate Commitment.

Appears in 1 contract

Sources: Credit Agreement (Radian Group Inc)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance (other than an Advance to repay Swing Line Loans) shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 500,000 if in excess thereof); provided provided, that any Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingAggregate Commitment.

Appears in 1 contract

Sources: Revolving Credit Agreement (Enable Midstream Partners, LP)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 if in excess thereof); provided , and each Alternate Base Rate Advance shall be in the minimum amount of $100,000 (and in multiples of $100,000 if in excess thereof), provided, however, that any Alternate Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingRevolving Commitment.

Appears in 1 contract

Sources: Credit Agreement (Helmerich & Payne Inc)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in ------------------------------ the minimum amount of $5,000,000 (and in multiples of $1,000,000 if in excess thereof), and each Alternate Base Rate Advance shall be in the minimum amount of $1,000,000 (and in multiples of $1,000,000 500,000 if in excess thereof); provided provided, -------- however, that (a) any Alternate Base Rate Advance may be in the amount of the ------- unused Commitments. The Company Aggregate Commitment and (b) in no event shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate six (6) Eurodollar Advances would be outstandingpermitted to be outstanding at any time.

Appears in 1 contract

Sources: Revolving Credit Agreement (Depuy Inc)

Minimum Amount of Each Advance. Except as provided in Section 2.16(f), each Each Eurodollar Advance shall be in the minimum amount of $5,000,000 100,000 (and in multiples of $1,000,000 50,000 if in excess thereof), and each Alternate Base Rate Advance shall be in the minimum amount of $1,000,000 50,000 (and in multiples of $1,000,000 50,000 if in excess thereof); provided , provided, however, that any Alternate Base Rate Advance may be in the amount of the unused Commitments. The Company shall not request a Eurodollar Advance if, after giving effect to the requested Eurodollar Advance, more than 10 separate Eurodollar Advances would be outstandingAggregate Available Commitment.

Appears in 1 contract

Sources: Credit Agreement (Administaff Inc \De\)