Common use of Minimum Borrowing Amount Clause in Contracts

Minimum Borrowing Amount. The term “MINIMUM BORROWING AMOUNT” means: (a) for BASE RATE BORROWINGS, Five Thousand Dollars ($5,000.00); and (b) for LIBOR BORROWINGS, Five Thousand Dollars ($5,000.00).

Minimum Borrowing Amount. The term “MINIMUM BORROWING AMOUNT” means: (a) for BASE RATE BORROWINGS, Five Two Hundred Fifty Thousand Dollars ($5,000.00250,000.00); and (b) for LIBOR BORROWINGS, Five Thousand Million Dollars ($5,000.005,000,000.00).