Minimum Amounts and Maximum Number of Tranches. All borrowings, prepayments, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than five Eurodollar Tranches outstanding at any time.
Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $5,000,000 or a whole multiple of $100,000 in excess thereof; provided that the Borrower may nevertheless borrow amounts in any Eurodollar Tranche below such minimum amounts solely for the purpose of (i) repaying Loans owing to any Nonconsenting Lenders on the Termination Date or (ii) permitting the addition of any New Lender or any increasing the Commitment of any existing Lender pursuant to subsection 2.1(a)(i). All Loans hereunder may be converted or continued into Base Rate Loans without reference to the minimum principal amount requirements for new Base Rate borrowings set forth in subsection 2.2 above. In no event shall the number of outstanding Eurodollar Tranches under this Agreement plus the number of outstanding Facility A Eurodollar Tranches and Facility B Eurodollar Tranches exceed 20 at any time.
Minimum Amounts and Maximum Number of Tranches. Notwithstanding anything to the contrary in this Agreement, all borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in minimum amounts of $5,000,000 and incremental amounts of $500,000 in excess thereof and shall be made pursuant to such elections so that, after giving effect thereto no more than ten Eurodollar Tranches shall be outstanding at any one time.
Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of US$ Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Tranche shall be equal to US$2,500,000 or a whole multiple of US$100,000 in excess thereof. In no event shall there be more than (a) 30 Tranches outstanding at any time or (b) 20 Tranches in respect of US Revolving Credit Loans, 15 Tranches in respect of US Term Loans or 10 Tranches in respect of Canadian Term Loans outstanding at any time. Notwithstanding the foregoing and regardless of the number of Tranches outstanding, all Term Loans shall be advanced only once, and all amounts repaid thereunder may not be reborrowed.
Minimum Amounts and Maximum Number of Tranches. With regard to the Total Loan as a whole, all elections, conversions and continuations of LIBOR Loans or Base Rate Loans shall be in a minimum amount of $250,000, except in the case of the last advance of the Loan. Borrower shall not have the right to have more than five (5) distinct Interest Periods, in the aggregate, in respect of LIBOR Loans in effect at any one time, whether or not there are any outstanding Base Rate Loans at the time.
Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal Dollar Equivalent Amount of the Loans comprising each Tranche shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than (a) 30 Tranches outstanding at any time or (b) 20 Tranches in respect of Revolving Credit Loans, 6 Tranches in respect of Tranche A-1 Term Loans, 6 Tranches in respect of the Tranche A-2 Term Loans, 6 Tranches in respect of Tranche B Term Loans or 6 Tranches in respect of Tranche C Term Loans outstanding at any time.
Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after
Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to $10,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall there be more than 15 Eurodollar Tranches outstanding at any time, more than one Eurodollar Tranche each outstanding at any time of Tranche A Term Loans, Tranche B Term Loans, Tranche C Term Loans or Tranche D Term Loans, or more than 3 Offshore Tranches in any single Eligible Offshore Currency at any time.
Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Eurodollar Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Eurodollar Loans comprising each Tranche shall be equal to $100,000 or a whole multiple in excess thereof. In no event shall there be more than ten (10) Tranches of Eurodollar Loans outstanding at any time. All borrowings and repayments of Prime Rate Loans hereunder shall be in such amounts so that, after giving effect thereto, the aggregate principal amount of the Prime Rate Loans shall be equal to $100,000 or a whole multiple in excess thereof, or if less, the remaining available Commitments hereunder. Interest Rates and Payment Dates. Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable Margin in effect for such day. Each Prime Rate Loan shall bear interest for each day at a rate per annum equal to the Prime Rate plus the Applicable Margin in effect for such day. If all or a portion of any principal of any Loan shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such principal amount of the Loan shall bear interest at a rate per annum which is the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this subsection 4.10(c) plus 2%. Interest on each Loan shall be payable in arrears on each Interest Payment Date provided that interest accruing pursuant to paragraph (c) of this subsection 4.10 shall be payable from time to time on demand. Notwithstanding anything to the contrary contained herein, in no event shall the Borrowers be obligated to pay interest in excess of the maximum amount which is chargeable under applicable law.
Minimum Amounts and Maximum Number of Tranches. All borrowings, conversions and continuations of Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto there shall be no more than seven (7) Eurodollar Tranches outstanding at any time.