Examples of Senior Facilities Agreement in a sentence
Each of the Guarantors, other than Anheuser-Xxxxx InBev, may terminate its Guarantee in the event that (A)(i) the relevant Guarantor is released from its Guarantee of, or is not, or is no longer, a Guarantor under, the Issuer’s 2010 Senior Facilities Agreement (as defined above) and (ii) the aggregate amount of indebtedness for borrowed money for which the relevant Guarantor is an obligor (as a guarantor or borrower) does not exceed 10 per cent.
All fees under this letter once paid are non-refundable, in whole or in part and non- creditable against other fees payable in connection with the Senior Facilities Agreement.
Ancillary Lenders and Issuing Banks) shall not restrict any right of an Ancillary Lender to net or set-off in relation to a Multi-account Overdraft Facility, in accordance with the terms of the Senior Facilities Agreement, to the extent that the netting or set-off represents a reduction from a Permitted Gross Amount of that Multi-account Overdraft Facility to or towards its Designated Net Amount.
On 26 February 2010, Anheuser-Xxxxx InBev entered into USD 17.2 billion of senior credit agreements, including a USD 13 billion senior facilities agreement (the ‘‘2010 Senior Facilities Agreement’’) (of which USD 10.1 billion was ultimately drawn), which, together with the proceeds from a series of debt capital markets offerings enabled Anheuser-Xxxxx InBev to fully refinance and repay the remaining debt outstanding under the 2008 Senior Facilities Agreement.
Clause 37 (Notices) of the Senior Facilities Agreement will apply in relation to this Deed as if incorporated in this Deed mutatis mutandis.