Common use of Minimum Borrowing Amounts Clause in Contracts

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof.

Appears in 22 contracts

Sources: Credit Agreement (Nicor Inc), Credit Agreement (Northern Illinois Gas Co /Il/ /New/), Credit Agreement (Nicor Inc)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof.

Appears in 6 contracts

Sources: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), 364 Day Credit Agreement (Black Hills Corp /Sd/)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof.

Appears in 4 contracts

Sources: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Term Loan Credit Agreement (Black Hills Corp /Sd/)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof.

Appears in 4 contracts

Sources: Term Loan Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans (other than a Borrowing to repay Swing Line Loans) and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof; provided, a Borrowing of Base Rate Loans applied to pay a Reimbursement Obligation pursuant to Section 2.5(c) hereof shall be in an amount equal to such Reimbursement Obligation.

Appears in 3 contracts

Sources: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

Minimum Borrowing Amounts. Each Borrowing of Base Domestic Rate Loans shall be in an amount not less than $2,000,000, or such greater amount which is an integral multiple of $100,000, and each Borrowing of Eurodollar Loans shall be in an amount not less than (i) if $5,000,000, or such Borrowing greater amount which is comprised of a Borrowing of Base Rate Loans, $1,000,000 and an integral multiples multiple of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof100,000.

Appears in 3 contracts

Sources: Credit Agreement (Emcor Group Inc), Credit Agreement (Emcor Group Inc), Credit Agreement (Emcor Group Inc)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans shall be in an amount not less than $2,000,000, or such greater amount which is an integral multiple of $100,000, and each Borrowing of Eurodollar Loans shall be in an amount not less than (i) if $5,000,000, or such Borrowing greater amount which is comprised of a Borrowing of Base Rate Loans, $1,000,000 and an integral multiples multiple of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof100,000.

Appears in 2 contracts

Sources: Credit Agreement (EMCOR Group, Inc.), Credit Agreement (Emcor Group Inc)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans (other than a Borrowing to repay Swing Line Loans) and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof; provided, a Borrowing of Base Rate Loans applied to pay a Reimbursement Obligation pursuant to Section 2.5(c) hereof shall be in an amount equal to such Reimbursement Obligation.

Appears in 2 contracts

Sources: Credit Agreement (Black Hills Corp /Sd/), Credit Agreement (Black Hills Corp /Sd/)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof.. 14

Appears in 2 contracts

Sources: Credit Agreement (Northern Illinois Gas Co /Il/ /New/), Credit Agreement (Nicor Inc)

Minimum Borrowing Amounts. Each Borrowing of Base Domestic Rate Loans shall be in an amount not less than $1,000,000, or any larger amount that is an integral multiple of $100,000, and each Borrowing of Eurodollar Loans shall be in an amount not less than (i) if such Borrowing $5,000,000, or any larger amount that is comprised of a Borrowing of Base Rate Loans, $1,000,000 and an integral multiples multiple of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof500,000.

Appears in 2 contracts

Sources: Credit Agreement (Allen Group Inc), Credit Agreement (Allen Group Inc)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and shall be in an amount not less than $300,000, or any larger amount that is an integral multiple of $50,000. Each Borrowing of Eurodollar Loans shall be in an amount not less than (i) if such Borrowing $2,000,000, or any larger amount that is comprised of a Borrowing of Base Rate Loans, $1,000,000 and an integral multiples multiple of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof250,000.

Appears in 2 contracts

Sources: Revolving Credit Agreement (World Acceptance Corp), Revolving Credit Agreement (World Acceptance Corp)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if $2,000,000, or such Borrowing greater amount which is comprised an integral multiple of a $100,000, and each Borrowing of Base Rate LoansEurodollarSOFR Loans shall be in an amount not less than $5,000,000, $1,000,000 and or such greater amount which is an integral multiples multiple of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof100,000.

Appears in 1 contract

Sources: Credit Agreement (EMCOR Group, Inc.)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if $250,000, or such Borrowing greater amount which is comprised of a Borrowing of Base Rate Loans, $1,000,000 and an integral multiples multiple of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a 50,000. Each Borrowing of Eurodollar LoansLoans advanced, continued or converted shall be in an amount equal to $2,000,000 and 500,000 or such greater amount which is an integral multiples multiple of $1,000,000 in excess thereof100,000. Without the Administrative Agent’s consent, there shall not be more than six (6) Borrowings of Eurodollar Loans outstanding at any one time.

Appears in 1 contract

Sources: Delayed Draw Term Loan Credit Agreement (Penford Corp)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans advanced under a Credit shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and or such greater amount which is an integral multiples multiple of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a 500,000. Each Borrowing of Eurodollar LoansLoans advanced, continued, or converted under a Credit shall be in an amount equal to $2,000,000 and or such greater amount which is an integral multiples multiple of $1,000,000 in excess thereof500,000. Without the Administration Agent’s consent, there shall not be more than 12 Borrowings of Eurodollar Loans outstanding under the Credits at any one time.

Appears in 1 contract

Sources: Credit Agreement (Lamson & Sessions Co)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof.

Appears in 1 contract

Sources: Credit Agreement (Black Hills Corp /Sd/)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof; provided, a Borrowing of Base Rate Loans applied to pay a Reimbursement Obligation pursuant to Section 2.5(c) hereof shall be in an amount equal to such Reimbursement Obligation.

Appears in 1 contract

Sources: Credit Agreement (Black Hills Corp /Sd/)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans advanced under a Credit shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a 500,000. Each Borrowing of Eurodollar LoansLoans advanced, continued, or converted under a Credit shall be in an amount equal to $2,000,000 and 500,000 or such greater amount which is an integral multiples multiple of $1,000,000 in excess thereof500,000.

Appears in 1 contract

Sources: Credit Agreement (Sycamore Park Convalescent Hospital)

Minimum Borrowing Amounts. Each Borrowing of Base Rate Loans and Eurodollar Loans shall be in an amount not less than (i) if such Borrowing is comprised of a Borrowing of Base Rate Loans, $1,000,000 and integral multiples of $500,000 in excess thereof, and (ii) if such Borrowing is comprised of a Borrowing of Eurodollar Loans, $2,000,000 and integral multiples of $1,000,000 in excess thereof.

Appears in 1 contract

Sources: Term Credit Agreement (Black Hills Corp /Sd/)