Common use of LIBOR Rate Loans Clause in Contracts

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 or a whole multiple of $1,000,000 in excess thereof.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (Barnes Group Inc), Revolving Credit Agreement (Stride Rite Corp)

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LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 or a whole multiple 1,000,000 and shall be in integral multiples of $1,000,000 in excess thereof500,000.

Appears in 4 contracts

Samples: Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (SeaCube Container Leasing Ltd.), Revolving Credit Agreement (SeaCube Container Leasing Ltd.)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple multiples of $1,000,000 in excess thereof. No more than twelve (12) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 3 contracts

Samples: Revolving Credit and Term Loan Agreement (Centerline Holding Co), Revolving Credit and Term Loan Agreement (Centerline Holding Co), Credit and Term Loan Agreement (Chartermac)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than ten (10) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan (Quaker Fabric Corp /De/), Revolving Credit Agreement (Quaker Fabric Corp /De/)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than five (5) LIBOR Borrowings having different Interest Periods may be outstanding at any time.

Appears in 2 contracts

Samples: Credit and Security Agreement (Columbus McKinnon Corp), Credit and Security Agreement (Audubon West Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole an integral multiple of $1,000,000 in excess thereof. No more than ten (10) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Yankee Candle Co Inc), Revolving Credit Agreement (Yankee Candle Co Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans ----- ---- ----- shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 100,000 or a whole multiple of $1,000,000 in excess thereof, and there shall not be more than three (3) outstanding Revolving Credit Loans which are LIBOR Rate Loans at any time.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (CMG Information Services Inc), Credit Agreement (CMG Information Services Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 250,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than four (4) LIBOR Rate Loans (including any portion of the Term Loan, in addition to Revolving Credit Loans for the purposes of this section) having different Interest Periods may be outstanding at any time.

Appears in 2 contracts

Samples: Credit Agreement (Crystal Rock Holdings, Inc.), Credit Agreement (Vermont Pure Holdings LTD/De)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate ---------------- Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 250,000 in excess thereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Answer Think Consulting Group Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than seven (7) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Safety Insurance Group Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Stride & Associates Inc)

LIBOR Rate Loans. (a) Any conversion by any Borrower to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 in excess thereof500,000.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Genesee & Wyoming Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 100,000 or a whole multiple of $1,000,000 in excess thereof, and there shall not be more than three (3) outstanding Revolving Credit Loans which are LIBOR Rate Loans at any time.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (CMG Information Services Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple multiples of $1,000,000 100,000 in excess thereof. No more than eight (8) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Centerline Holding Co)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans ---------------- shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 or a whole multiple 1,000,000 and shall be in integral multiples of $1,000,000 100,000 in excess thereof. No more than five (5) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Us Xpress Enterprises Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 100,000 or a whole multiple of $1,000,000 100,000 in excess thereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Appnet Systems Inc)

LIBOR Rate Loans. Any conversion to or from a LIBOR Rate Loans Loan shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof, except that if less than $2,000,000 in principal on the loans is outstanding, then LIBOR Rate Loans may be in the amount of $500,000 or an integral multiple thereof. In no event shall more than seven (7) LIBOR Rate Loans be outstanding at any one time.

Appears in 1 contract

Samples: Loan Agreement (Getty Petroleum Corp)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans Loan shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, (i) the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 100,000 or a whole multiple of $1,000,000 in excess thereof, and (ii) there shall not be more than six (6) outstanding Loans which are LIBOR Rate Loans at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Expert Software Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 or a whole multiple of $1,000,000 in excess thereof[**].

Appears in 1 contract

Samples: Revolving Credit Agreement (Aztec Technology Partners Inc /De/)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof500,000. In no event shall the Borrower have more than five (5) LIBOR Rate Loans outstanding at any one time.

Appears in 1 contract

Samples: Revolving Credit (Helix Technology Corp)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof. At no time shall there be more than ten (10) LIBOR Rate Loans outstanding. 2.8.

Appears in 1 contract

Samples: Revolving Credit Agreement (Rollins Truck Leasing Corp)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 250,000 or a whole multiple of $1,000,000 50,000 in excess thereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Transact Technologies Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole an integral multiple of $1,000,000 in excess thereof.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Bangor Hydro Electric Co)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 250,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than four (4) LIBOR Rate Loans (including Acquisition Loans and any portion of the Term Loan, in addition to Revolving Credit Loans for the purposes of this section) having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Credit Agreement (Vermont Pure Holdings LTD/De)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate ---------------- Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole larger integral multiple of $1,000,000 100,000 in excess thereof. 2.8.

Appears in 1 contract

Samples: Credit Agreement (Jackson Products Inc)

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LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than five (5) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Anacomp Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, (a) the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 100,000 in excess thereof, and (b) there shall not be more than six (6) outstanding Loans which are LIBOR Rate Loans at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Micrografx Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 500,000 in excess thereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Brooks Automation Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 250,000 in excess thereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Answerthink Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than seven (7) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Jumpking Inc)

LIBOR Rate Loans. Any conversion to or from a LIBOR Rate Loans Loan shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 in excess thereof. In no event shall more than seven (7) LIBOR Rate Loans be outstanding at any one time.

Appears in 1 contract

Samples: Loan Agreement (Getty Realty Corp /Md/)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, (a) the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof, and (b) there shall not be more than ten (10) different Interest Periods with respect to LIBOR Rate Loans in effect at any one time.

Appears in 1 contract

Samples: Revolving Credit (Weider Nutrition International Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 50,000 in excess thereof.

Appears in 1 contract

Samples: Credit Agreement (Griffin Land & Nurseries Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 250,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than seven (7) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ionics Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole an integral multiple of $1,000,000 in excess thereof. In addition, there shall be more than five (5) LIBOR Rate Loans outstanding at any one time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cabot Microelectronics Corp)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole multiple of $1,000,000 500,000 in excess thereof.

Appears in 1 contract

Samples: Term Loan Agreement (Bangor Hydro Electric Co)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 250,000 or a whole multiple of $1,000,000 100,000 in excess thereof. No more than five (5) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lifeline Systems Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 in excess 100,000 thereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Varian Semiconductor Equipment Associates Inc)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, (a) the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 100,000 or a whole multiple of $1,000,000 50,000 in excess thereofthereof and (b) there shall not be at any one time more than ten (10) LIBOR Rate Loans outstanding with different Interest Periods.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hbo & Co)

LIBOR Rate Loans. Any conversion to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 1,000,000 or a whole an integral multiple of $1,000,000 500,000 in excess thereof. No more than seven (7) LIBOR Rate Loans having different Interest Periods may be outstanding at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Seneca Foods Corp /Ny/)

LIBOR Rate Loans. Any conversion by the US Borrower to or from LIBOR Rate Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of all LIBOR Rate Loans having the same Interest Period shall not be less than $5,000,000 500,000 or a whole multiple of $1,000,000 in excess thereof500,000.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc)

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