Common use of Facility Advances Clause in Contracts

Facility Advances. The Facility may be drawn upon by the Borrowers for Loans or Letters of Credit (collectively, "Advances") from the Effective Date until the Termination Date in an aggregate principal amount not to exceed $55,000,000 (subject to reduction pursuant to Section 2.05(a)) at any time outstanding.

Appears in 2 contracts

Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)

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Facility Advances. The Facility may be drawn upon by the Borrowers for Loans or Letters of Credit (collectively, "the “Advances") from the Effective Date until the Termination Date through (and including) April 15, 2008 in an aggregate principal amount not to exceed $55,000,000 50,000,000 (subject to reduction pursuant to Section 2.05(a)) at any time outstanding.

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

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Facility Advances. The Facility may be drawn upon by the Borrowers for Loans or Letters of Credit (collectively, "the “Advances") from the Effective Date until the Termination Date in an aggregate principal amount not to exceed $55,000,000 40,000,000 (subject to reduction pursuant to Section 2.05(a)) at any time outstanding.

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

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