Common use of Minimum Principal Amounts Clause in Contracts

Minimum Principal Amounts. All borrowings, payments and prepayments in respect of Revolving Loans shall be in such amounts and be made pursuant to such elections so that after giving effect thereto the aggregate principal amount of the Revolving Loans comprising any borrowing shall be $1,000,000 or a whole multiple of $100,000 in excess thereof.

Appears in 10 contracts

Samples: Credit Agreement (Capitalsource Inc), Credit Agreement (American Capital Strategies LTD), Credit Agreement (American Capital Strategies LTD)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.