Minimum Borrowing Amount definition
Minimum Borrowing Amount means (a) with respect to a Borrowing of Term Loans or Revolving Credit Loans, $1,000,000 and (b) with respect to a Borrowing of Swingline Loans, $100,000.
Minimum Borrowing Amount means (i) for Revolving Loans, (a) $500,000 for Base Rate Loans and (b) $1,000,000 for Fixed Rate Loans, and (ii) for Swingline Loans, $100,000, and in each case, for Revolving Loans and Swingline Loans denominated in an Alternate Currency, the Dollar Equivalent thereof.
Minimum Borrowing Amount means (a) for Base Rate Loans, $1,000,000, with minimum increments thereafter of $500,000, and (b) for Eurodollar Loans, $5,000,000, with minimum increments thereafter of $500,000.
Examples of Minimum Borrowing Amount in a sentence
Such Revolving Loans shall be made without regard to the Minimum Borrowing Amount.
The aggregate principal amount of each Borrowing of Term Loans under any Tranche shall not be less than the Minimum Borrowing Amount.
More Definitions of Minimum Borrowing Amount
Minimum Borrowing Amount means $1,000,000.
Minimum Borrowing Amount means (i) with respect to a Borrowing of LIBOR Loans, the Dollar Equivalent of $1,000,000 (or, if less, the entire remaining applicable Commitments at the time of such Borrowing) and (ii) with respect to a Borrowing of ABR Loans, the Dollar Equivalent of $1,000,000 (or, if less, the entire remaining applicable Commitments at the time of such Borrowing).
Minimum Borrowing Amount means $500,000.
Minimum Borrowing Amount means
Minimum Borrowing Amount means, with respect to any Borrowing of Loans, $500,000 (or, if less, the entire remaining Commitments at the time of such Borrowing).
Minimum Borrowing Amount means $250,000.
Minimum Borrowing Amount means $5,000,000.