Amount and Terms of Facility Sample Clauses

Amount and Terms of Facility. 2.1 The Borrower/s agree/s to avail from the Lender and the Lender agrees to grant/extend to the Borrower/s, the Facility on the terms and conditions contained in this Facility Agreement and the other Transaction Documents.
Sample 1
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Amount and Terms of Facility. (a) Subject to the terms and conditions mentioned in this Agreement and Schedules of this Agreement and the Transaction Documents, the Bank may at its sole and absolute discretion grant/extend to the Borrower all or some of the Facilities as may be agreed upon and specified in Schedule I hereof, for sums not exceeding at any one time in the aggregate of the Overall Limit, in the manner contained in this Agreement. The Limits for each of the Facilities are mentioned in Schedule I hereof. The Facilities may be interchangeable, at the discretion of the Bank. All outstanding amounts of interest, commission, discount, exchange, service charges and other costs, charges and monies in respect of the respective Facilities, whether debited to the Account or not, shall also be included in determining the Available Limits. The Bank shall at its sole discretion extend the Facilities or any part thereof from one or more Branches.
Sample 1
Amount and Terms of Facility. 2.1 The Borrower(s) agrees to borrow from the Bank and the Bank, at the request of the Borrower, agrees to grant, lend and extend to the Borrower(s), the Facility on the terms and conditions set out in this Facility Agreement, General Terms and the other Loan Documents.
Sample 1
Amount and Terms of Facility 
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Related to Amount and Terms of Facility

  • Amount and Terms of Loan The Borrower agrees to borrow from IREDA and IREDA agrees to lend to the Borrower, on the terms and conditions contained herein as also in the General Conditions, the sum mentioned in Schedule-I amounting to Rs. lakhs (Rupees only) . The said sums are hereinafter referred to as "the Loan".

  • Amount and Terms of Loans 20 2.1 Loans.........................................................20 2.2 Notes.........................................................21 2.3

  • Amount and Terms of the Loan Subject to the terms of this Agreement:

  • Amount and Terms of the Loans 2.1 Commitments 25 2.2 Borrowings 26 2.3 Disbursements; Funding Reliance; Domicile of Loans 29 2.4 Evidence of Debt; Notes 30

  • Amount and Terms of Commitment The Bank agrees, on the terms and subject to the conditions set forth herein, to make a Loan to the Borrower in an aggregate principal amount equal to ELEVEN BILLION SEVEN HUNDRED MILLION JAPANESE YEN (¥11,700,000,000). The Loan shall be advanced in a single drawing on the Drawdown Date.

  • Amount and Terms of Commitments 2.1 [Reserved].

  • Amount and Terms of the Credit Facility 2.1. The Commitments; Increase in Total Commitments. (a) Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans in Dollars to the Borrower from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding that will not result in such Lender’s Exposure exceeding such Lender’s Commitment. During the Commitment Period the Borrower may use the Commitments by borrowing, prepaying the Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything to the contrary in this Agreement, in no event may Loans be borrowed under this Section 2.1 if, after giving effect thereto, the aggregate principal amount (a) of the Total Exposures at such time would exceed the Total Commitments then in effect or (b) the Exposure of any Lender at such time would exceed such Lender’s Commitment. The Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.6. The respective obligations of the Lenders under this Agreement are several and not joint and no Lender shall be responsible for the failure of any other Lender to satisfy its obligations hereunder.

  • Amount and Terms of Credit 1.1 Credit Facilities

  • Amount and Terms of the Commitment Section 2.01 The Advances ........................................................... 8 Section 2.02 Making of Advances ..................................................... 8 Section 2.03 Fees ................................................................... 10 Section 2.04 Reduction or Termination of the Maximum Commitment ..................... 10 Section 2.05 Repayments of Interest Advances or the Final Advance.................... 11 Section 2.06 Repayments of Provider Advances ........................................ 11 Section 2.07 Payments to the Liquidity Provider Under the Intercreditor Agreement ... 12 Section 2.08

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