Common use of Those terms Clause in Contracts

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only Borrowers (or Affiliates of Borrowers nominated pursuant to Clause 6.9 (Affiliates of Borrowers)) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s Ancillary Commitment to exceed that Lender’s Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Senior Facilities Agreement

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only Borrowers (or Affiliates of Borrowers nominated pursuant to Clause 6.9 ‎7.9 (Affiliates of Borrowers)) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a LenderL▇▇▇▇▇’s Ancillary Commitment to exceed that LenderL▇▇▇▇▇’s Available Commitment relating to the relevant Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the relevant Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Senior Facilities Agreement (Inspired Entertainment, Inc.)

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only Borrowers (or Affiliates of Borrowers nominated pursuant to Clause 6.9 clause 7.9 (Affiliates of Borrowers)) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s 's Ancillary Commitment to exceed that Lender’s 's Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Senior Term and Revolving Facilities Agreement

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only Borrowers (or Affiliates of Borrowers nominated pursuant to Clause 6.9 (Affiliates of Borrowers)) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender▇▇▇▇▇▇’s Ancillary Commitment to exceed that Lender▇▇▇▇▇▇’s Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Facility Agreement

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only Borrowers (or Affiliates of if Borrowers nominated pursuant to Clause 6.9 6.11 (Affiliates of Borrowers)) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s the Ancillary Commitment of a Lender to exceed that the Lender’s 's Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Senior Facilities Agreement

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreementagreement); (ii) may allow only Borrowers (or Affiliates of Borrowers nominated pursuant to Clause 6.9 clause 7.9 (Affiliates of Borrowers)) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s 's Ancillary Commitment to exceed that Lender’s 's Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the applicable Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Senior Facilities Agreement

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only Borrowers (or Affiliates of Borrowers nominated pursuant to Clause 6.9 7.9 (Affiliates of Borrowers)) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s Ancillary Commitment to exceed that Lender’s Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Maturity Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Senior Facilities Agreement