Common use of Minimum amount of each assignment Clause in Contracts

Minimum amount of each assignment. Except in the event of the assignment of the assignor’s entire participation in the financing to which this Contract refers, the minimum amount of each assignment transaction shall be equal to THREE MILLION EUROS (€3,000,000) or, if higher, in multiples of FIVE HUNDRED THOUSAND EUROS (€500,000), depending on the currency in which the Drawdown is denominated.

Appears in 1 contract

Sources: Syndicated Financing Agreement (Telvent Git S A)

Minimum amount of each assignment. Except in the event of the assignment of the assignor’s entire participation in the financing to which this Contract refers, the minimum amount of each assignment transaction shall be equal to THREE MILLION EUROS (€€ 3,000,000) or, if higher, in multiples of FIVE HUNDRED THOUSAND EUROS (€€ 500,000), depending on the currency in which the Drawdown is denominated.

Appears in 1 contract

Sources: Amending Novation Agreement (Telvent Git S A)