Minimum Amounts and Maximum Number of Eurodollar Tranches. Notwithstanding anything to the contrary in this Agreement, all borrowings, payments, prepayments, conversions and continuations of US$ Loans hereunder and all selections of Interest Periods hereunder shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, the aggregate principal amount of the Loans comprising each Eurodollar Tranche shall be equal to US$1,000,000 or a whole multiple of US$100,000 in excess thereof. More than one borrowing may occur on the same date, but in no event shall there be more than five Eurodollar Tranches outstanding at any time.
Appears in 2 contracts
Sources: Credit Agreement (Pierce Leahy Corp), Credit Agreement (Pierce Leahy Corp)