Examples of Additional Liquidity Facility in a sentence
On the Initial Closing Date, the Issuer shall establish the Initial Liquidity Facility and thereafter, the Issuer may enter, from time to time, into one or more additional Liquidity Facility Agreements (each, an “Additional Liquidity Facility”) by entering into transaction documentation (the “Liquidity Facility Documents”) with one or more Additional Liquidity Facility Providers.
The Borrower may effect Conversions in respect of its Canadian Prime Rate Loans or U.S. Base Rate Loans, as applicable, under the Additional Liquidity Facility.
Any repayments or prepayments (whether pursuant to Sections 2.15(2), 2.16(2)(a), 2.16(2)(b) and 2.16(2)(c) or otherwise) under the Additional Liquidity Facility (except upon a Conversion) shall effect a permanent reduction of the Additional Liquidity Facility Commitment Amount.
Interest on the Liquidity Facility Debt (including the Additional Liquidity Facility Amount) shall be paid in full in cash on the Restructuring Effective Date.
The Borrower may make the Sole Additional Liquidity Facility Drawdown is hereby made pursuant to and as set forth in Section 2.4(3).