Borrowing Minimum definition
Borrowing Minimum means (a) in the case of Eurocurrency Loans, $1,000,000, (b) in the case of ABR Loans, $1,000,000 and (c) in the case of Swingline Loans, $500,000.
Borrowing Minimum means (a) in the case of a Borrowing denominated in US Dollars, US$5,000,000 and (b) in the case of a Borrowing denominated in any Alternative Currency, the smallest amount of such Alternative Currency that is a multiple of 1,000,000 units of such currency that has a US Dollar Equivalent of US$5,000,000 or more.
Borrowing Minimum means, in respect of Advances denominated in Dollars, $10,000,000, in respect of Advances denominated in Sterling, £10,000,000 and, in respect of Advances denominated in Euros, €10,000,000.
Examples of Borrowing Minimum in a sentence
Each utilization of the Designated Acquisition Swingline Commitment shall be in an amount equal the Borrowing Minimum or a whole multiple of the Borrowing Multiple in excess thereof and meet the requirements of ▇▇▇▇▇▇▇ C Corp Acquisition Indebtedness.
More Definitions of Borrowing Minimum
Borrowing Minimum means $1,000,000.
Borrowing Minimum means (a) in the case of a Revolving Loan Borrowing, $1,000,000 and (b) in the case of a Swingline Loan, $100,000.
Borrowing Minimum means $500,000.
Borrowing Minimum means (a) in the case of SOFR Loans, $1,000,000 and (b) in the case of ABR Loans, $1,000,000.
Borrowing Minimum means $5,000,000.
Borrowing Minimum means US$5,000,000.
Borrowing Minimum means $5.0 million, except in the case of Swingline Loans, $1.0 million.