Common use of Maximum number of Loans Clause in Contracts

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 2 contracts

Samples: Agreement (Kronos International Inc), Agreement (Nl Industries Inc)

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Maximum number of Loans. (a) A The Borrower may not deliver a Utilisation Request if for a Loan other than an Offer Loan if, as a result of the proposed Utilisation 8 Utilisation, ten or more Loans and/or 6 or more Letters of Credit (other than Offer Loans) would be outstanding.

Appears in 2 contracts

Samples: Agreement (Sap France S.A.), Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 (i) 11 or more Loans and/or 6 or more Letters of Credit Bank Guarantees would be outstandingoutstanding and/or (ii) Loans would be outstanding under the Facilities in more than 3 different currencies.

Appears in 1 contract

Samples: Agreement (Whirlpool Corp /De/)

Maximum number of Loans. (a) A The Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 Utilisation, two or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Agreement (Opto Circuits (India) LTD)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 Utilisation, nine or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Agreement (General Geophysics Co)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 10 or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Secured Facility Agreement (SBS Broadcasting S A)

Maximum number of Loans. (aA) A Borrower (or the Company) may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 or Loan more than 15 Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Agreement (Endava PLC)

Maximum number of Loans. (a) A The Borrower may not deliver a Utilisation Request in respect of a Loan if as a result of the proposed Utilisation 8 10 or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Agreement (Acergy S.A.)

Maximum number of Loans. (a) A The Borrower may not deliver a Utilisation Request if if, as a result of the proposed Utilisation 8 Utilisation, 11 or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Agreement (Saturn Expansion Corp)

Maximum number of Loans. (a) A No Borrower may not deliver a Utilisation Request in respect of a Loan if as a result of the proposed Utilisation 8 or more than 10 Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Multicurrency Revolving Credit and Guarantee (Subsea 7 S.A.)

Maximum number of Loans. (a) A The Borrower may not deliver a Utilisation Request if if, as a result of the proposed Utilisation 8 Utilisation, more than five (5) Facility A Loans or more than five (5) Facility B Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Facilities Agreement (3SBio Inc.)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 or more than ten Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Agreement (Alpha Beta Netherlands Holding N.V.)

Maximum number of Loans. (a) A Borrower (or the Parent) may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 or Loan more than 15 Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Facility Agreement (Enstar Group LTD)

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Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 Utilisation, 6 or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

Maximum number of Loans. (a) A Borrower may not deliver Unless the Lenders agree, a Utilisation Request if may not be given if, as a result of the proposed Utilisation 8 or more Loans and/or 6 or more Letters of Credit result, there would be more than ten (10) Loans outstanding.

Appears in 1 contract

Samples: Agreement (Best Buy Co Inc)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if if, as a result of the proposed Utilisation 8 or Utilisation, more than 10 Facility B Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Facilities Agreement (Analex Corp)

Maximum number of Loans. (a) A The Borrower may not deliver a Utilisation Loan Request if as a result of the proposed Utilisation 8 or utilisation more than four Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Facility Agreement (InterXion Holding N.V.)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 eleven or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Midamerican Energy Holdings Co /New/

Maximum number of Loans. (a) A The Borrower may not deliver a Utilisation Utilization Request if if, as a result of the proposed Utilisation 8 Utilization, ten (10) or more Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Credit Agreement (Eagle Bulk Shipping Inc.)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation 8 or Loans more than two Loans and/or 6 or more Letters of Credit would be outstanding.

Appears in 1 contract

Samples: Facility Agreement (Amc Entertainment Holdings, Inc.)

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