Splitting. (a) The Company may give notice to the Agent by not later than 9.00 am on the Business Day before the commencement of an Interest Period for a Facility B Loan that it wishes that Facility B Loan to be split into two or more Facility B Loans, each such part being a minimum of 10,000,000 pounds. (b) Each such part of a Facility B Loan will be treated as a separate Facility B Loan. (c) The Company may not split any Facility B Loan if, as a result, there would then be more than 15 Utilisations outstanding at that time.
Appears in 2 contracts
Sources: Credit Facility Agreement (Entergy London Capital Lp), Credit Facility Agreement (System Energy Resources Inc)