Common use of Minimum Borrowing Amounts, etc Clause in Contracts

Minimum Borrowing Amounts, etc. The aggregate principal amount of each Loan shall not be less than the Minimum Borrowing Amount. More than one Loan may be incurred on any day; provided that at no time shall there be outstanding more than eight Loans.

Appears in 2 contracts

Sources: Credit Agreement (Quaker Chemical Corp), Credit Agreement (Quaker Chemical Corp)

Minimum Borrowing Amounts, etc. The aggregate principal amount of each Loan Borrowing shall not be less than the Minimum Borrowing Amount. More than one Loan (1) Borrowing may be incurred on any day; , provided that at no time shall there be outstanding more than eight Loans.ten (10)

Appears in 1 contract

Sources: Credit Agreement (Ensco International Inc)