Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5.(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess thereof. Each borrowing and each Conversion of LIBOR Loans shall be in an aggregate minimum amount of $2,000,000 and integral multiples of $1,000,000 in excess of that amount.
Appears in 1 contract
Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5.(eSection 2.2.(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 100,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Loans shall be in an aggregate minimum amount of $2,000,000 1,000,000 and integral multiples of $1,000,000 100,000 in excess of that amount.
Appears in 1 contract
Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5.(eSection 2.4(e), each borrowing of Base Rate Loans and LIBOR Daily Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess thereof. Each borrowing borrowing, Conversion and each Conversion Continuation of LIBOR Loans shall be in an aggregate minimum amount of $2,000,000 1,000,000 and integral multiples of $1,000,000 500,000 in excess of that amount.
Appears in 1 contract
Sources: Revolving Credit Agreement (Piedmont Office Realty Trust, Inc.)
Borrowings and Conversions. Except as otherwise provided in Sections 2.4.(e) and 2.5.(eSection 2.2.(e), each borrowing of Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 1,000,000.00 and integral multiples of $500,000 100,000.000 in excess thereof. Each borrowing of, Conversion to and each Conversion Continuation of LIBOR Loans shall be in an aggregate minimum amount of $2,000,000 and integral multiples of $1,000,000 100,000.00 in excess of that amount.
Appears in 1 contract