Borrowing Multiple definition
Borrowing Multiple means (a) in the case of a Borrowing denominated in US Dollars, US$1,000,000 and (b) in the case of a Borrowing denominated in any Alternative Currency, 1,000,000 units of such currency.
Borrowing Multiple means $1,000,000.
Borrowing Multiple means (a) in the case of Eurocurrency Loans, $500,000, (b) in the case of ABR Loans, $250,000 and (c) in the case of Swingline Loans, $100,000.
Examples of Borrowing Multiple in a sentence
Each Borrowing shall be in an amount not less than the Borrowing Minimum or the Borrowing Multiple in excess thereof and shall consist of Advances of the same Type and in the same currency made on the same day by the Lenders ratably according to their respective Revolving Credit Commitments.
More Definitions of Borrowing Multiple
Borrowing Multiple means $100,000.
Borrowing Multiple means, in respect of Advances denominated in Dollars, $1,000,000 in respect of Advances denominated in Sterling, £1,000,000 and, in respect of Advances denominated in Euro, €1,000,000.
Borrowing Multiple 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 Multiple means (a) in the case of a Eurocurrency Borrowing denominated in dollars, $500,000 and (b) in the case of an ABR Borrowing, $100,000.
Borrowing Multiple means $500,000.
Borrowing Multiple means (a) in the case of SOFR Loans, $500,000 and (b) in the case of ABR Loans, $250,000.
Borrowing Multiple means $1.0 million, except in the case of Swingline Loans, $500,000.