Common use of Permitted Loans Clause in Contracts

Permitted Loans. amend clause 19.15 (Loans and guarantees) of the Credit Agreement to include loans made in connection with any start-up financing or seed funding provided that any such loans shall not exceed an aggregate value equal to the greater of (i) €25,000,000 and (ii) 1.00% of Total Assets.

Appears in 5 contracts

Sources: Additional Facility Aq Accession Agreement (Sunrise Communications AG), Additional Facility Agreement (Sunrise Communications AG), Additional Facility Aq Accession Agreement (Sunrise Communications AG)