Common use of Restrictions on Borrowing Clause in Contracts

Restrictions on Borrowing. The Borrower shall not request a Borrowing if the result thereof would create or cause a breach of any term, representation, warranty or covenant hereof. The principal amount of Prime Rate Loans outstanding at any time shall not be less than $1,000,000 and are available in whole multiples of $100,000.

Appears in 2 contracts

Sources: Credit Agreement (Rti International Metals Inc), Credit Agreement (Rti International Metals Inc)