U.S. Facility Clause Samples
U.S. Facility. At all times during a Cash Dominion Period (including the first and last day thereof), all amounts in the U.S. Collection DDAs shall be remitted daily to the U.S. Agent’s Account and shall be applied by the Administrative Agent on a daily basis to the U.S. Finance Obligations outstanding and thereafter to the U.S. Borrowers (to be wired to the U.S. Designated Account) or such other Person entitled thereto under applicable law.
U.S. Facility. The U.S. Facility shall have closed pursuant to documentation reasonably satisfactory to the Administrative Agent and the Borrower and all conditions precedent to the making of any financial accommodations thereunder (other than the closing of the Revolving Credit Facility) shall have been satisfied.
U.S. Facility. The U.S. Borrowers jointly and severally agree to pay Lender Group Expenses incurred in connection with the U.S. Facility promptly (and, in any event, within ten (10) Business Days of receipt of notice thereof by the Administrative Agent) (it being acknowledged and agreed that any charging of such costs, expenses or Lender Group Expenses to the U.S. Loan Account pursuant to the provisions of Section 2.5(d) shall be deemed to constitute notice by the Administrative Agent and prompt payment by the U.S. Borrowers for the purposes of this Section 2.4(a). The U.S. Borrowers jointly and severally promise to pay all of the U.S. Finance Obligations (including principal, interest, premiums, if any, fees, costs, and expenses (including Lender Group Expenses incurred in connection with the U.S. Facility)) in full on the Revolving Termination Date or, if earlier, on the date on which such U.S. Finance Obligations (other than the U.S. Bank Product Obligations) become due and payable pursuant to the terms of this Agreement. The U.S. Borrowers agree that their obligations contained in the first sentence of this Section 2.4(a) shall survive payment or satisfaction in full of all other U.S. Finance Obligations.
U.S. Facility. The U.S. Borrowers shall, and hereby jointly and severally agree to, pay to the Administrative Agent, for the ratable account of the U.S. Revolving Lenders, an unused line fee (the “U.S. Commitment Fee”) in an amount equal to 0.375% (or 0.25% at any time when U.S. Usage is greater than or equal to 50% of the Maximum U.S. Credit Amount) per annum times the result of (i) the aggregate amount of the U.S. Revolving Commitments, less (ii) the average daily amount of the U.S. Usage (other than U.S. Swingline Usage) during the immediately preceding month (or portion thereof), which U.S. Commitment Fee shall be due and payable on the first day of each month from and after the Closing Date up to the first day of the month prior to the date on which the U.S. Finance Obligations are paid in full and on the date on which the U.S. Finance Obligations are paid in full.
U.S. Facility. In the event that Lonza has available manufacturing capacity (either acquired and/or built) that can support the manufacturing of the Product from a Lonza manufacturing facility in the US (“US Facility”), which is approved by the FDA (and/or another Regulatory Authority) and successfully audited by Customer, the Parties may agree to transfer the Manufacturing Process of the Product from the Facility at which Manufacturing is then being conduct to the US Facility to increase supply chain security for the Product and/or to fulfil Product Forecast.
U.S. Facility