Examples of Minimum Tranche Amount in a sentence
Each election shall cause the principal amount of each Tranche to be equal to or greater than the Minimum Tranche Amount and to be in multiples of the Minimum Tranche Multiple.
If the prepayment would cause the aggregate outstanding principal amount of any LIBOR Tranche comprising the Revolving Loan or the aggregate outstanding principal amount of all Prime Rate Tranches comprising the Revolving Loan, to be less than the Minimum Tranche Amount, the prepayment must be in the entire outstanding principal amount of such LIBOR Tranche under the Revolving Loan or the entire outstanding principal amount of all such Prime Rate Tranches under the Revolving Loan, as the case may be.
Partial prepayments of Loan C shall be made in a minimum amount equal to or greater than the applicable Minimum Borrowing Amount, shall not cause any Tranche to be less than the Minimum Tranche Amount, and shall not cause the outstanding principal amount of Loan C to be less than the applicable Minimum Borrowing Amount.
Deputy Peterman testified that this was routine when responding to an injury accident because he had difficulty listening to communication over the radio and scanner at the same time.
Partial prepayments of Loan D shall be made in a minimum amount equal to or greater than the applicable Minimum Borrowing Amount, shall not cause any Tranche to be less than the Minimum Tranche Amount, and shall not cause the outstanding principal amount of Loan D to be less than the applicable Minimum Borrowing Amount.