Applicable Minimum Amount definition

Applicable Minimum Amount in the case of Revolving Loans, an amount equal to $5,000,000 or a whole multiple of $1,000,000 in excess thereof.
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Applicable Minimum Amount means, in the case of Revolving Credit Loans, an amount equal to (x) if such Loans are denominated in Pounds Sterling, £5,000,000 or a whole multiple of £1,000,000 in excess thereof and (y) if such Loans are denominated in Euro, €5,000,000 or a whole multiple of €1,000,000 in excess thereof.
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Applicable Minimum Amount means with respect to (i) Revolving Advances (other than Swingline Advances), an amount equal to (1) if such Advances are denominated in Dollars, in the case of Eurocurrency Rate Advances, $5,000,000 or a whole multiple of $1,000,000 in excess thereof and in the case of Base Rate Advances, $1,000,000 or a whole multiple of $250,000 in excess thereof, (2) if such Advances are denominated in Pounds Sterling, £5,000,000 or a whole multiple of £1,000,000 in excess thereof, (3) if such Advances are denominated in Euro, €5,000,000 or a whole multiple of €1,000,000 in excess thereof, (4) if such Advances are denominated in Canadian Dollars, C$5,000,000 or a whole multiple of C$1,000,000 in excess thereof, (5) if such Advances are denominated in Swiss Francs, SF5,000,000 or a whole multiple of SF1,000,000 in excess thereof, (6) if such Advances are denominated in Japanese Yen, ¥500,000,000 or a whole multiple of ¥100,000,000 in excess thereof, (7) if such Advances are denominated in Australian Dollars, AU$5,000,000 or a whole multiple of AU$1,000,000 in excess thereof, (8) if such Advances are denominated in Swedish Kronor, SEK35,000,000 or a whole multiple of SEK7,000,000 in excess thereof, (9) if such Advances are denominated in another Alternative Currency, the Alternative Currency Equivalent of $5,000,000 or a whole multiple of $1,000,000 in excess thereof, and (ii) in the case of Swingline Advances, (1) if such Advances are denominated in Dollars, $1,000,000 or a whole multiple of $250,000 in excess thereof, (2) if such Advances are denominated in Pounds Sterling, £1,000,000 or a whole multiple of £250,000 in excess thereof and (3) if such Advances are denominated in Euro, €1,000,000 or a whole multiple of €250,000 in excess thereof.
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Examples of Applicable Minimum Amount in a sentence

  • Each Borrowing shall be in an aggregate amount equal to the Applicable Minimum Amount and shall consist of Advances of the same Type and currency made on the same day by the Lenders ratably according to their respective Commitments.

  • Swingline Advances shall be in amounts equal to the Applicable Minimum Amount.

  • Each Borrowing of, conversion to or continuation of Eurocurrency Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof (or, in the case of Foreign Currency Revolving Credit Loans, the Applicable Minimum Amount).

  • Partial prepayments of Foreign Currency Revolving Loans shall be in a minimum principal amount equal to the Applicable Minimum Amount for the relevant Foreign Currency.

  • Each borrowing of Foreign Currency Revolving Loans shall be in a minimum amount equal to the Applicable Minimum Amount for the relevant Foreign Currency.

  • Notwithstanding anything to the contrary in this Agreement, all Borrowings, conversions and continuations of Term Benchmark 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 Term Benchmark Loans comprising each Term Benchmark Tranche shall be equal to the Applicable Minimum Amount.

  • Upon receipt of a notice from the Demanding Holder that the Demanding Holder is withdrawing an amount of its Registrable Securities from the Demand Registration such that the remaining amount of Registrable Securities of the Demanding Holder is likely to result in gross sale proceeds below the Applicable Minimum Amount, the Company may cease all efforts to secure effectiveness of the applicable Registration Statement.

  • Provided however, if the application of any Quarterly Payment in accordance with the further provisions of this Agreement would cause the remaining balance (principal and interest) of Junior Note to be less than the Applicable Minimum Amount, the amount of the Quarterly Payment shall be reduced by the amount required to cause the remaining balance (principal and interest) of the Junior Note to be equal to the Applicable Minimum Amount.

  • Each Borrowing shall be in an aggregate amount equal to the Applicable Minimum Amount and shall consist of Advances of the same Type and Class made on the same day by the Lenders ratably according to their respective relevant Term Commitments.

  • Notwithstanding the foregoing, if a Resale Registration Statement represents all of the remaining Registrable Securities held by the applicable Demanding Holder, the Applicable Minimum Amount shall be (i) $25,000,000 if such Resale Shelf Registration Statement will be on Form S-1 and (ii) $10,000,000 if such Resale Shelf Registration Statement will be on Form S-3.


More Definitions of Applicable Minimum Amount

Applicable Minimum Amount in the case of Revolving Loans, an amount equal to (x) if such Loans are denominated in Pounds Sterling, £5,000,000 or a whole multiple of £1,000,000 in excess thereof or (y) if such Loans are denominated in Euro, €5,000,000 or a whole multiple of €1,000,000 in excess thereof.
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Applicable Minimum Amount means with respect to (i) Revolving Advances (other than Swingline Advances), an amount equal to (1) if such Advances are denominated in Dollars, in the case of Eurocurrency Rate Advances, $5,000,000 or a whole multiple of $1,000,000 in excess thereof and in the case of Base Rate Advances, $1,000,000 or a whole multiple of $250,000 in excess thereof, (2) if such Advances are denominated in Pounds Sterling,
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Applicable Minimum Amount is the amount required to be owing pursuant to the Junior Note in order for the Borrower to be in compliance with the Debt Limitation Obligations taking into account all indebtedness owing by the Borrower.
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Applicable Minimum Amount means (A) with respect to the Comprehensive General Liability Insurance required to be maintained by SJPAC pursuant to the provisions of this Section 18(b), the greater of (i) $3,000,000 or (ii) the minimum limits of Comprehensive General Liability Insurance required to be obtained and maintained from time to time by SJPAC pursuant to the terms of the SJPAC Lease and (B) with respect to the Comprehensive General Liability Insurance required to be obtained and maintained by Pavilion pursuant to the provisions of this Section 18(b), the greater of (i) $3,000,000 or (ii) the minimum limits of Comprehensive General Liability Insurance required to be obtained and maintained from time to time by Pavilion pursuant to the terms of the Pavilion Lease.
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Applicable Minimum Amount shall have the meaning given in subsection 2.1.1.
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Applicable Minimum Amount means in any year, with respect to a Former Partner, the product of (i) the Partner's Applicable Percentage, (ii) $150,000 and (iii), if greater than 1, the fraction of which the average Net Compensation received from the firm by the ten Partners receiving the highest Net Compensation from the firm in such year is the numerator and the average Net Compensation received from the firm by the ten Partners receiving the highest Net Compensation from the firm in 1980 is the denominator.
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Related to Applicable Minimum Amount

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Maximum Amount means the Maximum Amount as specified in § 1 of the Product and Underlying Data.

  • Adjusted Maximum Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty or a Related Guaranty, in each case determined in accordance with the provisions hereof and thereof; provided that, solely for purposes of calculating the “Adjusted Maximum Amount” with respect to any Contributing Guarantor for purposes of this paragraph 2, the assets or liabilities arising by virtue of any rights to or obligations of contribution hereunder or under any similar provision contained in a Related Guaranty shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty and the Related Guaranties (including, without limitation, in respect of this paragraph 2 or any similar provision contained in a Related Guaranty). The amounts payable as contributions hereunder and under similar provisions in the Related Guaranties shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this paragraph 2 or any similar provision contained in a Related Guaranty shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder or under a Related Guaranty. Each Contributing Guarantor under a Related Guaranty is a third party beneficiary to the contribution agreement set forth in this paragraph 2.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.