Common use of Amount and Availment Options Clause in Contracts

Amount and Availment Options. (1) Upon and subject to the terms and conditions of this Agreement, the Lenders severally agree to provide to the Borrower a non-revolving term credit facility (the “Credit”) for the use of the Borrower in the amount of up to Cdn. $410,000,000 (provided that each Lender’s obligation hereunder shall be limited to its respective Applicable Percentage of the Credit).

Appears in 2 contracts

Samples: Assignment Agreement (Waste Management Inc), Restricted Stock Unit Award Agreement

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Amount and Availment Options. (1) Upon and subject to the terms and conditions of this Agreement, the Lenders severally agree to provide to the Borrower a non-revolving term credit facility (the “Credit”) for the use of the Borrower in the amount of up to Cdn. $410,000,000 40,000,000 (as reduced from time to time, the "CREDIT LIMIT") or the Equivalent Amount in U.S. Dollars (provided that each Lender’s 's obligation hereunder shall be limited to its respective Applicable Percentage of the Credit).

Appears in 1 contract

Samples: Credit Agreement (Anixter International Inc)

Amount and Availment Options. (1) Upon and subject to the terms and conditions of this Agreement, the Lenders severally agree to provide to the Borrower a non-non- revolving term credit facility (the “Credit”) for the use of the Borrower in the amount of up to Cdn. $410,000,000 340,000,000 (provided that each Lender’s obligation hereunder shall be limited to its respective Applicable Percentage of the Credit).

Appears in 1 contract

Samples: Agreement

Amount and Availment Options. (1) Upon and subject to the terms and conditions of this Agreement, the Lenders severally agree to provide to the Borrower a non-revolving term credit facility (the “Credit”) for the use of the Borrower in the amount of up to Cdn. $410,000,000 340,000,000 (provided that each Lender’s obligation hereunder shall be limited to its respective Applicable Percentage of the Credit).

Appears in 1 contract

Samples: Agreement (Waste Management Inc)

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Amount and Availment Options. (1) Upon and subject to the terms and conditions of this Agreement, the Lenders severally agree to provide to the Borrower a non-revolving term credit facility (the “Credit”) establish for the use of the Borrower a credit facility (the “Credit Facility”) in the amount of up to Cdn. $410,000,000 125,000,000 (provided that each Lender’s obligation hereunder shall be limited to its respective Applicable Percentage of the CreditCredit Facility).

Appears in 1 contract

Samples: Credit Agreement (PHH Corp)

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