Common use of Minimum Amount of Each Borrowing Clause in Contracts

Minimum Amount of Each Borrowing. Each Term SOFR Borrowing shall be in the minimum amount of $5,000,000 and in integral multiples of $1,000,000, and each Base Rate Borrowing shall be in the minimum amount of $5,000,000 and in integral multiples of $1,000,000.

Appears in 3 contracts

Sources: Credit Agreement (Alliant Energy Corp), Credit Agreement (Alliant Energy Corp), Credit Agreement (Alliant Energy Corp)

Minimum Amount of Each Borrowing. Each Term SOFR Borrowing shall be in the minimum amount of $5,000,000 2,000,000 (and in integral multiples of $1,000,000100,000 if in excess thereof), and each Base Rate Borrowing and Adjusted Daily Simple SOFR Borrowing shall be in the minimum amount of $5,000,000 1,000,000 (and in integral multiples of $1,000,000100,000 if in excess thereof).

Appears in 2 contracts

Sources: Unsecured Term Loan Agreement (First Industrial Lp), Unsecured Term Loan Agreement (First Industrial Lp)

Minimum Amount of Each Borrowing. Maximum Number of Borrowings (a) Each Borrowing of, conversion to or continuation of Term SOFR Borrowing Loans shall be in the minimum a principal amount of $5,000,000 and in integral multiples 1,000,000 or a whole multiple of $1,000,000, and each Base Rate Borrowing shall be in the minimum amount of $5,000,000 and 500,000 in integral multiples of $1,000,000excess thereof.

Appears in 2 contracts

Sources: Abl Credit Agreement (Avaya Holdings Corp.), Abl Credit Agreement (Avaya Holdings Corp.)

Minimum Amount of Each Borrowing. Each Term SOFR Borrowing shall be in the minimum amount of $5,000,000 100,000 and in integral multiples of $1,000,000100,000, and each except that any Base Rate Borrowing shall or Daily Simple SOFR Borrowing may be in the minimum amount of $5,000,000 and in integral multiples of $1,000,000the Available Revolving Commitment.

Appears in 2 contracts

Sources: Credit Agreement (Franklin BSP Private Credit Fund), Credit Agreement (Alternative Credit Income Fund)

Minimum Amount of Each Borrowing. Each Term SOFR Borrowing shall be in the minimum amount of $5,000,000 500,000 and in integral multiples of $1,000,000500,000, and each Base Rate Borrowing (other than a Borrowing to repay Swingline Loans) shall be in the minimum amount of $5,000,000 100,000 and in integral multiples of $1,000,000100,000, except that any Base Rate Borrowing may be in the amount of the Available Aggregate Commitment.

Appears in 2 contracts

Sources: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)

Minimum Amount of Each Borrowing. Each Term SOFR Borrowing and Daily Simple SOFR Borrowing shall be in the minimum amount of $5,000,000 1,000,000 and in integral multiples of $1,000,000100,000, and each Base Rate Borrowing shall be in the minimum amount of $5,000,000 500,000 and in integral multiples of $1,000,00050,000, except that any Base Rate Borrowing may be in the amount of the Available Aggregate Commitment or, if less, the unused portion of the Borrowing Base.

Appears in 1 contract

Sources: Credit Agreement (Century Communities, Inc.)

Minimum Amount of Each Borrowing. Each Term SOFR Borrowing shall be in the minimum amount of $5,000,000 2,000,000 (and in integral multiples of $1,000,000100,000 if in excess thereof), and each Base Rate Borrowing and Daily Simple SOFR Borrowing shall be in the minimum amount of $5,000,000 1,000,000 (and in integral multiples of $1,000,000100,000 if in excess thereof), provided, however, that any Base Rate Borrowing may be in the amount of the unused Aggregate Revolving Commitment.

Appears in 1 contract

Sources: Unsecured Revolving Credit Agreement (First Industrial Lp)

Minimum Amount of Each Borrowing. Each Term SOFR Borrowing shall be in the minimum amount of $5,000,000 3,000,000 and in integral multiples of $1,000,000, and each Base Rate Borrowing shall be in the minimum amount of $5,000,000 1,000,000 and in integral multiples of $1,000,000100,000, except that any Base Rate Borrowing may be in the amount of the Available Aggregate Revolving Commitment.

Appears in 1 contract

Sources: Credit Agreement (Public Service Co of New Mexico)