The Term Facility. The Lenders, individually, and not solidarily (and not jointly and severally), agree to make available to SNC a term facility (the “Term Facility”). The Term Facility is comprised of three tranches: Term Loan 1 which is in an amount of £75,000,000, Term Loan 2 which is in an amount of £75,000,000 and Term Loan 3 which is in an amount of £150,000,000. On the date hereof, the Commitment of each Lender under the Term Facility and each tranche thereof is as specified opposite its name in Schedule B and on the signature pages of this Agreement and the collective Commitments of the Lenders with respect to the Term Facility aggregate to £300,000,000.
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Sources: Credit Agreement, Credit Agreement