Shareholders Support. In consideration of the Guarantor Banks agreeing, at the request of the Shareholders, to make available to the Borrower the guarantee and term loan facility referred to in Recital (A) above and the Lending Banks agreeing, at the request of the Shareholders, to make available to the Borrower the term loan facility referred to in Recital (A) above and/or the Secured Parties (or any of them) acting under or in connection with the Credit Agreement:- (a) Equity Support: each Shareholder shall (without demand by the Borrower, the Security Trustee or any Secured Party) severally provide Shareholder Funding to the Borrower by not later than 31st March, 2001 an amount equal to its Equity Commitment Percentage of S$720,000,000 (taking into account all Shareholder Funding which have been provided by the Shareholders on or before the date of this Agreement); and
Appears in 1 contract
Sources: Shareholders Undertaking (Chartered Semiconductor Manufacturing LTD)
Shareholders Support. In consideration of the Guarantor Banks agreeing, at the request of the Shareholders, to make available to the Borrower the guarantee and term loan facility referred to in Recital (A) above and the Lending Banks agreeing, at the request of the Shareholders, 116 113 to make available to the Borrower the term loan facility referred to in Recital (A) above and/or the Secured Parties (or any of them) acting under or in connection with the Credit Agreement:-
(a) Equity Support: each Shareholder shall (without demand by the Borrower, the Security Trustee or any Secured Party) severally provide Shareholder Funding to the Borrower by not later than 31st March, 2001 an amount equal to its Equity Commitment Percentage of S$720,000,000 (taking into account all Shareholder Funding which have been provided by the Shareholders on or before the date of this Agreement); and
Appears in 1 contract
Sources: Loan Agreement (Chartered Semiconductor Manufacturing LTD)