Maximum Borrowing Amounts. The Total CIF LUX Local Currency Commitment, the CIF LUX Local Currency Commitment and the Same Day CIF LUX Local Currency Commitment for each Local Currency Bank party to this Addendum as of the date hereof, are set forth on Schedule I; provided, that the aggregate Dollar Amount available to be borrowed under this Addendum and the CIF Local Currency Addendum shall not exceed $1,000,000,000. (a) Upon at least five (5) Business Days prior irrevocable written notice to the Agent, the CIF LUX Local Currency Agent and the Local Currency Banks, CIF L▇▇ ▇▇▇ from time to time permanently reduce the Total CIF LUX Local Currency Commitment under this Addendum in whole, or in part ratably among the Local Currency Banks, in an aggregate minimum Dollar Amount of $10,000,000, and integral multiples of $1,000,000 in excess thereof; provided, however, that the amount of the Total CIF LUX Local Currency Commitment may not be reduced below the aggregate principal amount of the outstanding Local Currency Advances with respect thereto. Any such reduction shall be allocated pro rata among all the Local Currency Banks party to this Addendum by reference to their CIF LUX Local Currency Commitments.
Appears in 4 contracts
Sources: Credit Agreement (Caterpillar Financial Services Corp), Credit Agreement (Caterpillar Inc), Cif Lux Local Currency Addendum (Caterpillar Inc)
Maximum Borrowing Amounts. The Total CIF LUX Local Currency Commitment, the CIF LUX Local Currency Commitment and the Same Day CIF LUX Local Currency Commitment for each Local Currency Bank party to this Addendum as of the date hereof, are set forth on Schedule I; provided, that the aggregate Dollar Amount available to be borrowed under this Addendum and the CIF Local Currency Addendum shall not exceed $1,000,000,000100,000,000.
(a) Upon at least five (5) Business Days prior irrevocable written notice to the Agent, the CIF LUX Local Currency Agent and the Local Currency Banks, CIF L▇▇ ▇▇▇ from time to time permanently reduce the Total CIF LUX Local Currency Commitment under this Addendum in whole, or in part ratably among the Local Currency Banks, in an aggregate minimum Dollar Amount of $10,000,000, and integral multiples of $1,000,000 in excess thereof; provided, however, that the amount of the Total CIF LUX Local Currency Commitment may not be reduced below the aggregate principal amount of the outstanding Local Currency Advances with respect thereto. Any such reduction shall be allocated pro rata among all the Local Currency Banks party to this Addendum by reference to their CIF LUX Local Currency Commitments.
Appears in 3 contracts
Sources: Cif Lux Local Currency Addendum (Caterpillar Inc), Credit Agreement (Caterpillar Inc), Credit Agreement (Caterpillar Financial Services Corp)
Maximum Borrowing Amounts. (a) The Total CIF LUX Local Currency Commitment, and the CIF LUX Local Currency Commitment and the Same Day CIF LUX Local Currency Commitment for each Local Currency Bank party to this Addendum as of the date hereof, are set forth on Schedule I; provided, that the aggregate Dollar Amount available to be borrowed under this Addendum and the CIF LUX Local Currency Addendum shall not exceed $1,000,000,000.
(ab) Upon at least five (5) Business Days prior irrevocable written notice to the Agent, the CIF LUX Local Currency Agent and the Local Currency Banks, CIF L▇▇ ▇▇▇ may from time to time permanently reduce the Total CIF LUX Local Currency Commitment under this Addendum in whole, or in part ratably among the Local Currency Banks, in an aggregate minimum Dollar Amount of $10,000,000, and integral multiples of $1,000,000 in excess thereof; provided, however, that the amount of the Total CIF LUX Local Currency Commitment may not be reduced below the aggregate principal amount of the outstanding Local Currency Advances with respect thereto. Any such reduction shall be allocated pro rata among all the Local Currency Banks party to this Addendum by reference to their CIF LUX Local Currency Commitments.. Caterpillar: Confidential Green 2
Appears in 2 contracts
Sources: Cif Local Currency Addendum (Caterpillar Inc), Cif Local Currency Addendum (Caterpillar Inc)
Maximum Borrowing Amounts. The Total CIF LUX Local Currency Commitment, and the CIF LUX Local Currency Commitment and the Same Day CIF LUX Local Currency Commitment for each Local Currency Bank party to this Addendum as of the date hereof, are set forth on Schedule I; provided, that the aggregate Dollar Amount available to be borrowed under this Addendum and the CIF LUX Local Currency Addendum shall not exceed $1,000,000,000100,000,000.
(a) Upon at least five (5) Business Days prior irrevocable written notice to the Agent, the CIF LUX Local Currency Agent and the Local Currency Banks, CIF L▇▇ ▇▇▇ may from time to time permanently reduce the Total CIF LUX Local Currency Commitment under this Addendum in whole, or in part ratably among the Local Currency Banks, in an aggregate minimum Dollar Amount of $10,000,000, and integral multiples of $1,000,000 in excess thereof; provided, however, that the amount of the Total CIF LUX Local Currency Commitment may not be reduced below the aggregate principal amount of the outstanding Local Currency Advances with respect thereto. Any such reduction shall be allocated pro rata among all the Local Currency Banks party to this Addendum by reference to their CIF LUX Local Currency Commitments.
Appears in 1 contract