Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable). More than one Borrowing may be incurred on any date; provided, that at no time shall there be outstanding more than ten Borrowings of SOFR Loans under this Agreement.
Appears in 6 contracts
Sources: Credit Agreement (Mach Natural Resources Lp), Credit Agreement (Infinity Natural Resources, Inc.), Credit Agreement (Mach Natural Resources Lp)
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Revolving Credit Loans shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Revolving Credit Loans and in a multiple of $100,000 1,000,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable)thereof. More than one Borrowing may be incurred on any date; provided, provided that at no time shall there be outstanding more than ten 10 Borrowings of SOFR Loans under this Agreement, unless the Administrative Agent in its sole discretion shall agree upon the request of the Borrower to a greater number of Borrowings of SOFR Loans.
Appears in 5 contracts
Sources: Credit Agreement (Vistra Corp.), Credit Agreement (Vistra Corp.), Credit Agreement (Vistra Corp.)
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Revolving Credit Loans shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable)thereof. More than one Borrowing may be incurred on any date; provided, provided that at no time shall there be outstanding more than ten Borrowings of SOFR Term Benchmark Loans that are Revolving Credit Loans under this Agreement.
Appears in 3 contracts
Sources: Credit Agreement (Figma, Inc.), Credit Agreement (Chime Financial, Inc.), Credit Agreement (Chime Financial, Inc.)
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable). More than one Borrowing may be incurred on any date; provided, that at no time shall there be outstanding more than ten Borrowings of SOFR LIBOR Loans under this Agreement.
Appears in 3 contracts
Sources: Credit Agreement (Mach Natural Resources Lp), Credit Agreement (California Resources Corp), Credit Agreement (Legacy Reserves Inc.)
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Term Loans shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 1,000,000 (unless otherwise agreed to by the Administrative Agent) and the aggregate principal amount of Revolving Credit Loans shall be in excess thereof a multiple of $1,000,000 (except that Loans unless otherwise agreed to reimburse by the applicable Issuing Bank Administrative Agent) and, in each case, shall not be less than the Minimum Borrowing Amount with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable)thereto. More than one Borrowing may be incurred on any date; provided, provided that at no time shall there be outstanding more than ten 12 Borrowings of SOFR LIBOR Loans under this Agreement.
Appears in 2 contracts
Sources: Credit Agreement (WideOpenWest, Inc.), Credit Agreement (WideOpenWest Finance, LLC)
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank Letter of Credit Issuer with respect to any Unpaid Drawing shall be made in the amounts required by Section Sections 3.3 or Section 3.4, as applicable). More than one Borrowing may be incurred on any date; provided, that at no time shall there be outstanding more than ten six (6) Borrowings of SOFR LIBOR Loans under this Agreement.
Appears in 2 contracts
Sources: Credit Agreement (KKR Financial Holdings LLC), Credit Agreement (KKR Financial Holdings LLC)
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable). More than one Borrowing may be incurred on any date; provided, that at no time shall there be outstanding more than ten five Borrowings of SOFR Loans under this Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Mach Natural Resources Lp), Credit Agreement (Mach Natural Resources Lp)
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable). More than one Borrowing may be incurred on any date; provided, that at no time shall there be outstanding more than ten Borrowings of SOFR LIBORSOFR Loans under this Agreement.
Appears in 1 contract
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing shall be in a minimum amount multiple of, in the case of at least Term SOFR Loans, or ABR Loans, $1,000,000 and, in the case of EURIBOR Loans, €1,000,000 and, in each case, shall not be less than the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect thereto. Subject to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.42.9, as applicable). More more than one Borrowing may be incurred on any date; provided, provided that at no time shall there be outstanding more than ten 6 Borrowings of SOFR Loans under this Agreement.
Appears in 1 contract
Sources: Revolving Credit Agreement (NXP Semiconductors N.V.)
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The minimum aggregate principal amount of each a Borrowing of Loans shall be $100,000 and Borrowings in excess thereof shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple integral multiples of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable)100,000. More than one Borrowing may be incurred on any date; provided, that at At no time shall there be outstanding more than ten Borrowings of SOFR Loans under this Agreement.six (6)
Appears in 1 contract
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing of Delayed Draw Term Loans shall be in a minimum amount multiples of at least $500,000 and shall not be less than the Minimum Borrowing Amount for such Type with respect thereto. The aggregate principal amount of each Borrowing of Revolving Loans and shall be in a multiple multiples of $100,000 in excess thereof (except that Loans to reimburse and shall not be less than the applicable Issuing Bank Minimum Borrowing Amount with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable)thereto. More than one Borrowing may be incurred on any date; provided, that at no time shall there be outstanding more than ten five (5) Borrowings of SOFR Loans under this Agreement.
Appears in 1 contract
Minimum Amount of Each Borrowing; Maximum Number of Borrowings. The aggregate principal amount of each Borrowing shall be in a minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $100,000 in excess thereof (except that Loans to reimburse the applicable Issuing Bank with respect to any Unpaid Drawing shall be made in the amounts required by Section 3.3 or Section 3.4, as applicable). More than one Borrowing may be incurred on any date; provided, provided that at no time shall there be outstanding more than ten Borrowings of SOFR LIBOR Loans under this Agreement.
Appears in 1 contract
Sources: Senior Secured Superpriority Debtor in Possession Credit Agreement (EP Energy LLC)