Minimum Borrowing Amounts; Maximum Eurodollar Loans. Each Borrowing of Loans shall be in an amount not less than $5,000,000 or a whole multiple of $1,000,000 in excess thereof. Without the Administrative Agent’s consent, there shall not be more than eight (8) Borrowings of Eurodollar Loans outstanding hereunder at any one time.
Appears in 3 contracts
Sources: Amendment Agreement (Cliffs Natural Resources Inc.), Term Loan Agreement (Cliffs Natural Resources Inc.), Bridge Credit Agreement (Cliffs Natural Resources Inc.)
Minimum Borrowing Amounts; Maximum Eurodollar Loans. Each Borrowing of Base Rate Loans shall be in an amount not less than U.S. $5,000,000 or a whole multiple of $1,000,000 in excess thereof250,000. Without the Administrative Agent’s consent, there shall not be more than eight (8) Borrowings of Eurodollar Loans outstanding hereunder at any one time; provided that only one such Eurodollar Loan may have an Interest Period of seven (7) days at any one time.
Appears in 1 contract
Sources: Term Loan Agreement (Cliffs Natural Resources Inc.)
Minimum Borrowing Amounts; Maximum Eurodollar Loans. Minimum Borrowing Amounts; Maximum Eurodollar Loans" \l 2 . Each Borrowing of Base Rate Loans shall be in an amount not less than $5,000,000 100,000. Each Borrowing of Eurodollar Loans advanced, continued or converted to a whole Eurodollar Loan shall be in an amount equal to $100,000 or such greater amount which is an integral multiple of $1,000,000 in excess thereof100,000. Without the Administrative Agent’s consent, there shall not be more than eight (8) Borrowings of Eurodollar Loans outstanding hereunder at any one timehereunder.
Appears in 1 contract
Sources: Credit Agreement (Alpine Income Property Trust, Inc.)
Minimum Borrowing Amounts; Maximum Eurodollar Loans. Minimum Borrowing Amounts; Maximum Eurodollar Loans" \l 2 . Each Borrowing of Base Rate Loans shall be in an amount not less than $5,000,000 100,000. Each Borrowing of Eurodollar Loans advanced, continued or converted to a whole Eurodollar Loan shall be in an amount equal to $100,000 or such greater amount which is an integral multiple of $1,000,000 in excess thereof100,000. Without the Administrative Agent’s consent, there shall not be more than eight (8) Borrowings of Eurodollar Loans outstanding hereunder at any one timehereunder.
Appears in 1 contract
Sources: Credit Agreement (Alpine Income Property Trust, Inc.)