Minimum Borrowing Amount. The aggregate principal amount of each Borrowing by the Borrower shall not be less than the Minimum Borrowing Amount.
Minimum Amount of Each Advance. Each Eurocurrency Advance shall be in the Dollar Amount of $5,000,000 or a higher integral multiple of 1,000,000 units of the applicable Agreed Currency. Each Floating Rate Advance (other than a Swingline Loan) shall be in the amount of $5,000,000 or a higher integral multiple of $1,000,000 and each Swingline Loan shall be in the amount of $500,000 or a higher integral multiple of $100,000; provided that any Floating Rate Advance of Revolving Loans may be in the amount of the unused Aggregate Revolving Commitment.
Minimum Amount of Each Revolving Advance. Each Revolving Advance (other than a Revolving Advance of Revolving Loans to repay a Reimbursement Obligation) shall be in a minimum amount of $5,000,000 (or the Equivalent Amount if denominated in an Agreed Currency other than Dollars) and in multiples of $1,000,000 (or the Equivalent Amount if denominated in an Agreed Currency other than Dollars) if in excess thereof; provided, however, that any Floating Rate Advance may be in the Dollar Amount of the unused total Revolving Loan Commitment in respect of the applicable Class.
# may elect from time to time to convert Eurodollar Loans to Alternate Base Rate Loans by giving the Agent at least two Business Days’ prior irrevocable notice of such election (given before 10:00 A.M., New York City time, on the date on which such notice is required), provided that any such conversion of Eurodollar Loans shall, subject to the fourth following sentence, only be made on the last day of an Interest Period with respect thereto. may elect from time to time to convert Alternate Base Rate Loans to Eurodollar Loans by giving the Agent at least three Working Days’ prior irrevocable notice of such election (given before 11:30 A.M., New York City time, on the date on which such notice is required). Upon receipt of such notice, the Agent shall promptly notify each Bank thereof. Promptly following the date on which such conversion is being made each Bank shall take such action as is necessary to transfer its portion of such Revolving Credit Loans to its Domestic Lending Office or its Eurodollar Lending Office, as the case may be. All or any part of outstanding Eurodollar Loans and Alternate Base Rate Loans may be converted as provided herein, provided that, unless the Required otherwise agree, # no Revolving Credit Loan may be converted into a Eurodollar Loan when any Event of Default has occurred and is continuing, # partial conversions shall be in an aggregate principal amount of $5,000,000 or a whole multiple thereof, and # any such conversion may only be made if, after giving effect thereto, [subsection 2.7(c)] shall not have been contravened.
Amount. The death benefit payable to the Participant's Eligible Spouse or Designated Beneficiary shall be one hundred twenty (120) monthly payments commencing on the first day of the month following the month in which the Participant would have attained his or her Normal Retirement Age if he or she had not died, with each such monthly benefit payment equal to the difference between the monthly benefits determined under Section 4.1(a)(i) and Section 4.1(a)(ii) below where:
Amount. Up to an aggregate of 44,300,000 shares of Common Stock, subject to adjustment under [subsection (b)], may be issued pursuant to Awards, including Incentive Stock Options, under the Plan. If any Award expires or is terminated unexercised or is forfeited, the shares subject to such Award, to the extent of such expiration, termination, or forfeiture, shall again be available for award under the Plan. Common Stock issued through the assumption or substitution of outstanding grants from an acquired company shall not reduce the shares available for Awards under the Plan. Shares issued under the Plan may consist of authorized but unissued shares or treasury shares.
Amount. In consideration of your efforts during 20 relating to , the Company will pay to you a cash bonus in the amount of (the “20 Bonus”).
Amount. Provided that you satisfy the Vesting Criteria set forth in subsection # below, and subject to subsection # below, you will be entitled to receive a cash bonus in the amount of (the “20 Bonus”).
1 The minimum assignment amount shall be $15,000,000, unless otherwise agreed by the Borrower and the Administrative Agent.
To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date.
in the case of an assignment of the entire remaining amount of the assigning ’s Loans at the time owing to it or in the case of an assignment to a or an Affiliate of a , no minimum amount need be assigned; and
assignee (or to an assignee and members of its Assignee Group) will be treated as a single assignment for purposes of determining whether such minimum amount has been met;
in the case of an assignment of the entire remaining amount of the assigning Lender’s Commitments, Loans and other Revolving Credit Exposure at the time owing to it or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and
Minimum Liquidity. The Borrower will not permit the Liquidity of the Borrower and its Subsidiaries, calculated on a consolidated basis, on or prior to September 30, 2023:
Minimum EBITDA. The Borrower will not permit , calculated as of the end of the fiscal quarters of the Borrower ending March 31, 2023 and June 30, 2023 and, in each case, calculated for the fiscal quarter (and not the four quarter period) then ending, to be less than # ($1,000,000) for the fiscal quarter ending March 30, 2023 and # $1 for the fiscal quarter ending June 30, 2023.
Minimum ARR. Achieve ARR in an amount not less than the amount set forth on [Schedule 6.10(C)] hereto, tested on the last day of each fiscal quarter.
Minimum Interest. In all events and under all circumstances and notwithstanding anything to the contrary contained in this Agreement, but subject to [Section 2.2.4], in connection with each and every Minimum Interest Principal Paydown, shall be obligated to pay to the applicable Minimum Interest Payment Amount. In furtherance of the foregoing, expressly acknowledges and agrees that # shall have no obligation to accept any prepayment or repayment of the Loan unless and until shall have complied with this [Section 2.4.4] and has deposited with all Interest Shortfall and Breakage Costs, as applicable in accordance with [Section 2.4.1], # shall have no obligation to release or, if requested by , assign the Note and Mortgage upon payment of the Debt unless and until shall have received each and every Minimum Interest Payment Amount due under this [Section 2.4.4], together with all Interest Shortfall and Breakage Costs, as applicable in accordance with [Section 2.4.1], and # each and every prepayment of the Debt is subject to the terms of this Loan Agreement and nothing in this [Section 2.4.4] gives any right to prepay any portion of the Debt. In the event that any Minimum Interest Payment Amount is due hereunder, shall deliver to a statement setting forth the amount and determination of the Minimum Interest Payment Amount. ’s computation of the Minimum Interest Payment Amount shall be conclusive and binding on for all purposes, absent manifest error, and ’s calculation may be made by on any day during the fifteen (15) day period preceding the date of such prepayment. shall not be obligated or required to have actually reinvested the prepaid principal balance at the Benchmark or otherwise as a condition to receiving the Minimum Interest Payment Amount. expressly acknowledges and agrees that the Minimum Interest Payment Amount shall constitute # additional consideration for the Loan and # a portion of the Debt, and shall, upon payment, be the sole and exclusive property of . Notwithstanding the foregoing or anything else herein to the contrary, payment of the Minimum Interest Payment shall be waived in connection with # prior to Completion, prepayment in full of the Loan in connection with a bona fide “arms-length” sale of the Property to a third party, which shall be no sooner than fifteen (15) days prior to the receipt by the of all temporary certificates of occupancy for the Project and the Property required under applicable Legal Requirements and # after the Project is Complete, prepayment in full of the Loan.
Minimum Availability. Permit US Availability plus the Canadian Availability, to be less than # $3,000,000 at any time between and including the Eighth Amendment Effective Date and August 1, 2018, or # $4,500,000 at any time on or after August 1, 2018.”
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