Common use of MINIMUM BORROWING Clause in Contracts

MINIMUM BORROWING. Subject to the terms and conditions of this Agreement, Borrowers intend to (i) borrow sufficient amounts to cause the outstanding principal balance of the Loans to equal or exceed, at all times prior to the Maturity Date, the Minimum Loan Amount set forth in Section 4 of Schedule A and (ii) maintain Availability sufficient to enable Borrowers to do so. However, Lender shall not be obligated to loan Borrowers the Minimum Loan Amount other than in accordance with all of the terms and conditions of this Agreement; and at any time the outstanding principal balance of the Loans is less than the Minimum Loan Amount, Borrowers shall pay Lender a Minimum Borrowing Fee in accordance with Section 2.2(e).

MINIMUM BORROWING. Subject to the terms and conditions of this Agreement, Borrowers intend Borrower agrees to (i) borrow sufficient amounts to cause the outstanding principal balance of the Loans to equal or exceed, at all times prior to the Maturity Date, the Minimum Loan Amount set forth in Section 4 of Schedule A and (ii) maintain Availability sufficient to enable Borrowers Borrower to do so; PROVIDED, that any breach by Borrower of the foregoing provision of this Section 1.5 shall not constitute an Event of Default if Borrower timely pays all minimum borrowing fees due and payable pursuant to Section 2.2(e). However, Lender shall not be obligated to loan Borrowers Borrower the Minimum Loan Amount other than in accordance with all of the terms and conditions of this Agreement; and at any time the outstanding principal balance of the Loans is less than the Minimum Loan Amount, Borrowers shall pay Lender a Minimum Borrowing Fee in accordance with Section 2.2(e).

MINIMUM BORROWING. Subject to the terms and conditions of this Agreement, Borrowers intend Borrower agrees to (i) borrow sufficient amounts to cause the outstanding principal balance of the Loans to equal or exceed, at all times prior to the Maturity Date, the Minimum Loan Amount set forth in Section 4 of Schedule A and (ii) maintain Availability sufficient to enable Borrowers Borrower to do so. However, Lender shall not be obligated to loan Borrowers Borrower the Minimum Loan Amount other than in accordance with all of the terms and conditions of this Agreement; and at any time the outstanding principal balance of the Loans is less than the Minimum Loan Amount, Borrowers Borrower shall pay Lender a Minimum Borrowing Fee in accordance with Section 2.2(e).