Common use of Minimum Borrowing Amounts, etc Clause in Contracts

Minimum Borrowing Amounts, etc. The aggregate principal amount of each Borrowing under a Facility shall not be less than the Minimum Borrowing Amount for such Facility. More than one Borrowing may be incurred on any day, provided that at no time shall there be outstanding more than 10 Borrowings of LIBOR Loans.

Appears in 2 contracts

Sources: Credit Agreement (National Tobacco Co Lp), Credit Agreement (National Tobacco Co Lp)

Minimum Borrowing Amounts, etc. The aggregate principal amount of each Borrowing under a Facility shall not be less than the Minimum Borrowing Amount for such FacilityBorrowing. More than one Borrowing may be incurred on any day, provided that at no time shall there be outstanding more than 10 four Borrowings of LIBOR Loans.

Appears in 1 contract

Sources: Credit Agreement (Resort at Summerlin Inc)