Borrowing Multiple definition

Borrowing Multiple means (a) in the case of a Borrowing denominated in US Dollars, US$1,000,000 and (b) in the case of a Borrowing denominated in any Alternative Currency, 1,000,000 units of such currency.
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Borrowing Multiple means $1,000,000.
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Borrowing Multiple means (a) in the case of Eurocurrency Loans, $500,000, (b) in the case of ABR Loans, $250,000 and (c) in the case of Swingline Loans, $100,000.
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Examples of Borrowing Multiple in a sentence

  • Each Borrowing shall be in a principal amount of the Borrowing Minimum or an integral multiple of the Borrowing Multiple in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or Letter of Credit Advances) and shall consist of Advances made simultaneously by the Lenders in the same currency under the applicable Facility ratably according to the Lenders’ Commitments under such Facility.

  • At the time that each ABR Revolving Facility Borrowing is made, such Borrowing will be in an aggregate amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum; provided that an ABR Revolving Facility Borrowing may be in an aggregate amount that is equal to the entire unused available balance of the Revolving Facility Commitments or that is required to finance the reimbursement of an L/C Disbursement as contemplated by Section 2.05(5).


More Definitions of Borrowing Multiple

Borrowing Multiple means $100,000.
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Borrowing Multiple means, in respect of Advances denominated in Dollars, $1,000,000 in respect of Advances denominated in Sterling, £1,000,000 and, in respect of Advances denominated in Euro, €1,000,000.
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Borrowing Multiple means (a) in the case of a Revolving Loan Borrowing, $1,000,000 and (b) in the case of a Swingline Loan, $100,000.
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Borrowing Multiple means $500,000.
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Borrowing Multiple means (a) in the case of a Eurodollar Borrowing $1,000,000, and (b) in the case of an ABR Borrowing, $1,000,000.
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Borrowing Multiple means $1.0 million, except in the case of Swingline Loans, $500,000.
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Borrowing Multiple means (a) in the case of SOFR Loans, $500,000 and (b) in the case of ABR Loans, $250,000.
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