Common use of Facility A – Minimum Amount Clause in Contracts

Facility A – Minimum Amount. Facility A, the amount of the proposed Loan must be an amount which is not more than the Available Facility and which is a minimum of US$1,000,000 or, if less, the Available Facility; and

Appears in 3 contracts

Sources: Bpifae Facility Agreement (Globalstar, Inc.), Bpifae Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

Facility A – Minimum Amount. Facility A, the amount of the proposed Loan must be an amount which is not more than the Available Facility and which is a minimum of one million Dollars (US$1,000,000 1,000,000) or, if less, the Available Facility; and

Appears in 2 contracts

Sources: Coface Facility Agreement (Globalstar, Inc.), Facility Agreement (Globalstar, Inc.)