Examples of Additional Facility Advance in a sentence
If an Additional Facility Advance is to be repaid or prepaid by reference to an Original Euro Amount, the US Dollar amount to be repaid or prepaid shall be determined by reference to the Agent’s Spot Rate of Exchange used for determining the US Dollar amount of that Additional Facility Advance under Clause 5.4(c) (Participations in Advances) or, if applicable, the Original Exchange Rate.
Requested Ad Hoc make changes clarifying type, placement, and criteria of allowed animals.
Switching between the two lines was done using a high precision automated servo valve (Hitec HS- 755MG).
Lender shall not make any Additional Facility Advance unless and until each of the applicable conditions precedent set forth in this Section is satisfied and until Borrower provides any other information reasonably required by Lender.
Each Borrower under the Revolving Facility or an Additional Facility shall select the currency of a Revolving Facility Advance or an Additional Facility Advance made to it (which shall be Dollars, euro or an Optional Currency) in the Utilisation Request relating to the relevant Revolving Facility Advance or Additional Facility Advance.
To the extent any Additional Facility which is the subject of the Additional Facility Advance constitutes a Joint Venture Facility, Borrower shall have executed and delivered to Lender Collateral Assignments and the Collateral Assignments which shall have been filed of record in the appropriate filing offices in the jurisdictions in which each applicable Joint Venture Facility is located or irrevocably delivered to an authorized title agent for the Title Insurer for such recordation.
No Default or Event of Default which is continuing shall have occurred on such date either before or after giving effect to the making of any Additional Facility Advance.
Such searches shall have been conducted in each of the locations designated by Lender in Lender's reasonable discretion and shall have been dated not more than fifteen (15) days prior to the applicable Additional Facility Advance Closing Date.
The Borrower shall lend to each Joint Venture from the proceeds of the Closing Date Advance and any Additional Facility Advance the Allocated Loan Amount for each relevant Joint Venture Facility (less such Joint Venture Facility's pro rata portion of the relevant Transaction Costs).
Each of such legal opinions will be addressed to Lender and the Rating Agencies, dated as of the applicable Additional Facility Advance Closing Date, and in form and substance satisfactory to 77 Lender, the Rating Agencies and their counsel.