Common use of Amounts and Periods Clause in Contracts

Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six months, but must mature on a Business Day which is not later than the Facility Maturity Date; (b) Libor Loans must be in multiples of US $500,000, with a minimum of US $500,000 per Borrowing; and (c) The Borrower must ensure that no more than five different Borrowings by way of Libor Loans are outstanding at any time under the Facility.

Appears in 1 contract

Sources: Credit Agreement (Neurochem Inc)

Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six monthsmonths or such other periods as may be agreed to by all Lenders, but must mature on a Business Day which is not later than the Facility Maturity Datematurity date of the relevant Facility; (b) Libor Loans must be in multiples of US $500,000US$1,000,000, with a minimum of US $500,000 US$20,000,000 per Borrowing; and (c) The Borrower Borrowers must ensure that no more than five 25 different Borrowings by way of Libor Loans and issues of Acceptances are outstanding at any time under the FacilityFacilities.

Appears in 1 contract

Sources: Credit Agreement (AbitibiBowater Inc.)

Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six months, but must mature on a Business Day which is not later than the Facility Maturity Date; (b) Libor Loans must be in multiples of US $500,000US$100,000, with a minimum amount of US $500,000 US$1,000,000 per Borrowing; and (c) The Borrower must ensure that no more than five 5 different Borrowings by way of Libor Loans are outstanding at any time under the Facilitytime.

Appears in 1 contract

Sources: Credit Agreement (Osisko Gold Royalties LTD)

Amounts and Periods. (a) Libor Loans may be obtained for periods of one, two, three or six months, but must mature on a Business Day which is not later than the Facility Maturity Date; (b) Libor Loans must be in multiples of US $500,000, with a minimum of US $500,000 per Borrowing; and (c) The Borrower must ensure that no more than five seven different Borrowings by way of Libor Loans are outstanding at any time under the Facility.

Appears in 1 contract

Sources: Credit Agreement (Neurochem Inc)