Examples of Existing Financing Facilities in a sentence
The financial covenants hereunder are at least equal to those Seller makes under each of the Existing Financing Facilities.
Seller shall at all times maintain its right to borrow under at least one of the Existing Financing Facilities, on a committed basis, an amount equal to at least the Maximum Amount.
No defaults or events of default exist under any of the Existing Financing Facilities.
Seller shall have at all times, on a consolidated basis, Cash, Cash Equivalents and unused borrowing capacity on unencumbered assets that could be drawn against (taking into account the economic terms of committed Existing Financing Facilities, including, without limitation, any margin or overcollateralization requirements) under committed Existing Financing Facilities in an amount equal to not less than $125,000,000.
All credit facilities of each Seller Entity listed under the definition of "Existing Financing Facilities" are presently in effect.