A Loan Facility definition
Examples of A Loan Facility in a sentence
The Borrower’s obligation to prepay Target Bridge Loans and purchase Target Exchange Notes shall be deemed to be satisfied with respect to clause (a) above on a dollar-for-dollar basis to the extent of amounts applied to repay loans under (i) the Target Credit Agreement Term A Loan Facility, (ii) the Target Credit Agreement Term B Loan Facility or (iii) the Target Revolving Credit Facility to the extent accompanied by a permanent reduction in commitments thereunder.
A Loan Facility Agreement Variation fee of $50.00 will apply, and will be capitalised to the Facility Amount drawn down.
All payments hereunder (including fees and interest) with respect to the Term A Loan Facility shall be made in CLP and all payments hereunder (including fees and interest) with respect to the Term B Loan Facility shall be made in Dollars.
No Interest Period may end after the Term A Loan Facility Termination Date, the Term B Loan Facility Termination Date or the Revolving Facility Termination Date, as applicable to the Type of Advance involved, and, unless the Lenders otherwise agree in writing, in no event may there be more than nine (9) different Interest Periods for Term SOFR Advances outstanding at any one time.
A SOFR Advance under the Revolving Credit Facility, the Term A Loan Facility or the Term B Loan Facility may be paid on the last day of the applicable Interest Period or, if and only if Borrower pays any amounts due to the Lenders under Section 3.4 as a result of such prepayment, on a day prior to such last day.
If the Revolving Credit Facility or Term A Loan Facility is increased in accordance with this Section 2.14, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase or creation.
The Borrowers and the Facility Agent agree that the respective A Loan Facility Revolving Credit Commitment of each Additional Lender does not and will not cause the Total Revolving Credit Commitments for the A Loan Facility to exceed US$65,000,000.
Within the period of 12 months immediately preceding and up to the date of Loan Agreement D, the Lender had entered into Loan Agreement A, Loan Agreement B and Loan Agreement C in relation to the provision of Loan Facility A, Loan Facility B and Loan Facility C respectively.
The A Loan Facility Revolving Credit Commitment of each Additional Lender is prescribed in Schedule 1.
The advance of the Term A Loan shall be made simultaneously by the Lenders in accordance with their respective Applicable Percentages of the Term A Loan Facility.