Minimum Borrowing Amounts; Maximum Eurodollar Loans. Each Borrowing of Base Rate Loans advanced under a Credit shall be in an amount not less than U.S. $100,000 or such greater amount which is an integral multiple of U.S. $50,000. Each Borrowing of Eurodollar Loans advanced, continued or converted under a Credit shall be in an amount equal to U.S. $1,000,000 or such greater amount which is an integral multiple of U.S. $500,000. Each Borrowing of Canadian Prime Rate Loans shall be in an amount not less than the U.S. Dollar Equivalent of U.S. $100,000 or such greater amount which is an integral multiple of U.S. $50,000. Without Administrative Agent’s consent, there shall not be more than 8 Borrowings of Eurodollar Loans outstanding hereunder at any one time.
Appears in 3 contracts
Samples: Multicurrency Credit Agreement (Fenix Parts, Inc.), Multicurrency Credit Agreement (Fenix Parts, Inc.), Multicurrency Credit Agreement (Fenix Parts, Inc.)
