Limitations on Utilisations Clause Samples
Limitations on Utilisations. The maximum aggregate amount of the Ancillary Commitments of the Ancillary Lenders shall not at any time exceed EUR 25,000,000 (or its equivalent).
Limitations on Utilisations. (a) Amounts borrowed under or in respect of the Facilities (including the proceeds of the advance constituting the Facility A Loan under the original form of this Agreement) shall not be applied (directly or indirectly):
(i) for business activities (1) relating to or involving (A) Cuba, Sudan, Iran, Myanmar (Burma), Syria or North Korea (in each case to the extent such country is subject to any economic and/or trade sanctions) or (B) any other countries that are subject to economic and/or trade sanctions as notified in writing by the Agent (acting on behalf of any Lender) to the Borrower from time to time (C) any Restricted Party or (2) which would otherwise result in a breach of any Anti-Terrorism Law; or
(ii) towards any purpose connected with the operation of casino games of chance or other forms of gaming.
(b) Without prejudice to paragraph (a) above, the proceeds of the Revolving Facility shall not be applied towards any purpose other than a purpose specified in Clause 3 (Purpose).
Limitations on Utilisations. (a) The Facility may not be utilised until the Closing Date.
(b) The maximum aggregate Base Currency Amount of the Ancillary Commitments of all the Lenders shall not at any time exceed USD 15,000,000.
(c) If the drawing of a Loan under the Facility would result in a notional pro-forma non-compliance with the Drawn Super Senior Gross Leverage Ratio calculated based on EBITDA as at the end of the most recent Relevant Period (as certified in the relevant Compliance Certificate) and Drawn Super Senior Gross Debt as at the date of such Utilisation (pro-forma for the proposed Utilisation), the Facility may be utilised (in respect of such Utilisation) only up to the maximum amount that would not result in such notional pro-forma non-compliance.
Limitations on Utilisations. The Original Revolving Facility may not be utilised unless Facility B has been utilised (but, for the avoidance of doubt, the Original Revolving Facility may be utilised contemporaneously with Facility B, including on the Closing Date).
Limitations on Utilisations. (a) The Revolving Facility may not be utilised unless the Term Facility has been previously utilised and the Closing Date has occurred.
(b) The Term Facility (other than a Term Loan made available pursuant to Clause 2.2 (Increase) or Clause 2.3 (Default Increase)) may only be utilised on the Closing Date.
Limitations on Utilisations. The maximum aggregate Base Currency Amount of all Letters of Credit shall not exceed €20,000,000.
Limitations on Utilisations. Save as otherwise expressly agreed between the Lenders and the Borrower, a Facility may only be utilised on the Closing Date and only if all of the Facilities are utilised on that date.
Limitations on Utilisations. The Facility may only be utilised on the Closing Date (except that the Facility may be utilised on a date within two Business Days of the Closing Date due to administrative or technical issues (and not due to any default of any Obligor)).
Limitations on Utilisations. (a) The maximum aggregate Base Currency Amount of the Ancillary Commitments of all the Lenders shall not at any time exceed zero.
(b) If the drawing of a Loan under the Facility would result in notional pro-forma non-compliance with the Drawn Gross Leverage Ratio calculated based on EBITDA as at the end of the most recent Relevant Period (as certified in the relevant Compliance Certificate) and Drawn Gross Debt as at the date of such Utilisation (pro-forma for the proposed Utilisation), the Facility may be utilised (in respect of such Utilisation) only up to the maximum amount that would not result in such notional pro-forma non-compliance.
Limitations on Utilisations. (a) The Revolving Facility shall not be utilised unless each of Facility A and Facility B have been utilised.
(b) The maximum aggregate amount of the Ancillary Commitments of all the Lenders shall not at any time exceed £5,000,000.
