Common use of Facility C Clause in Contracts

Facility C. Each Lender agrees to lend to Borrower its Pro Rata Part of one or more Loans under Facility C, which Borrower may borrow, repay and reborrow under this Agreement. Loans under Facility C are subject to the following conditions: (a) Each Loan under Facility C must occur on a Business Day and no later than the Business Day immediately preceding the Facility C Termination Date; (b) Each Loan under Facility C must be in an amount not less than (i) $500,000 or a greater integral multiple of $100,000 (if a Base Rate Loan), or (ii) $5,000,000 or a greater integral multiple of $1,000,000 (if a Eurodollar Loan); and (c) When determined, (i) the Facility C Principal Debt may not exceed the Facility C Commitment, (ii) no Lender's Pro Rata Part of the Facility C Principal Debt may exceed such Lender's Commitment for Facility C, and (iii) the Facility C Principal Debt, when aggregated with the Facility A Commitment Usage and the Facility B Principal Debt, may not exceed the Total Commitment.