Minimum Amounts; Maximum Sets. 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 Eurodollar Loans comprising each Set shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof (provided that, notwithstanding the foregoing (x) any Loan may be borrowed in an amount equal to the aggregate amount of the Commitments in respect of such Loan and (y) any Loan may be converted or continued in its entirety), and so that there shall not be more than 20 Sets at any one time outstanding.
Appears in 3 contracts
Sources: Credit Agreement (Core & Main, Inc.), Credit Agreement (Core & Main, Inc.), Term Loan Credit Agreement (Core & Main, Inc.)
Minimum Amounts; Maximum Sets. 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 Eurodollar Loans or EURIBOR Loans, as applicable, comprising each Set shall be equal to $5,000,000 1,000,000 or a whole multiple of $1,000,000 250,000 in excess thereof (or, in the case of Loans denominated in Euros, €1,000,000 or an integral multiple of €250,000 in excess thereof) (provided that, that notwithstanding the foregoing (x) any Loan may be borrowed in an amount equal to the aggregate amount of the Commitments in respect of such Loan and (y) foregoing, any Loan may be converted or continued in its entirety), ) and so that there shall not be more than 20 Sets at any one time outstanding.
Appears in 3 contracts
Sources: Credit Agreement (Univar Solutions Inc.), Credit Agreement (Univar Solutions Inc.), Credit Agreement (Univar Inc.)
Minimum Amounts; Maximum Sets. 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 Eurodollar Loans comprising each Set shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof (provided that, that notwithstanding the foregoing (x) foregoing, any Loan loan may be borrowed in an amount equal to the aggregate amount of the Commitments in respect of such Loan and (y) any Loan may be continued or converted or continued in its entirety), and so that there shall not be a number of Sets at any one time outstanding greater than (x) eight Sets plus (y) an additional 3 Sets for each borrowing of additional Tranches hereunder after the Closing Date; provided that notwithstanding the foregoing, at no time shall there be more than 20 Sets at any one time outstanding.
Appears in 1 contract
Minimum Amounts; Maximum Sets. 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 Eurodollar Loans comprising each Set shall be equal to $5,000,000 1,000,000 or a whole multiple of $1,000,000 250,000 in excess thereof (provided that, notwithstanding the foregoing (x) any Loan may be borrowed in an amount equal to the aggregate amount of the Commitments in respect of such Loan and (y) any Loan may be converted or continued in its entirety), and so that there shall not be more than 20 10 Sets at any one time outstanding.
Appears in 1 contract
Sources: Term Loan Credit Agreement (Nci Building Systems Inc)
Minimum Amounts; Maximum Sets. 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 Eurodollar EurodollarTerm SOFR Rate Loans comprising each Set shall be equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof (provided that, notwithstanding the foregoing (x) any Loan may be borrowed in an amount equal to the aggregate amount of the Commitments in respect of such Loan and (y) any Loan may be converted or continued in its entirety), and so that there shall not be more than 20 Sets at any one time outstanding.
Appears in 1 contract
Sources: Credit Agreement (Core & Main, Inc.)