Common use of Minimum Advance Clause in Contracts

Minimum Advance. Each Request for Advance (other than a Request for Advance requesting Loans which result in the aggregate principal amount of all Loans equaling the maximum aggregate Commitments) shall be in an aggregate principal amount of not less than $100,000 and integral multiples of $10,000 in excess thereof.

Appears in 2 contracts

Sources: Loan Agreement (Hemisphere Media Group, Inc.), Loan Agreement (Hemisphere Media Group, Inc.)