Definition of Facility 1 Lender


Facility 1 Lender means any Lender in its capacity as providers of Facility 1 (being the Facility 1A Lenders and the Facility 1B Lender or the relevant one of them, as the context requires);
Sample 1 Sample 2

Examples of Facility 1 Lender in a sentence

Swiss francs is CHF 1,000,000) or if less, the Available Participation for the relevant Facility 1 Lender; or (iii) in any event, an amount which is less than or equal to the lesser of: (A) the Available Participation for the relevant Facility 1 Lender; and (B) the Borrowing Base less all Outstandings under Facility 1 which are not due to be repaid on or before the proposed Utilisation Date for the proposed Utilisation.
A Borrower may utilise Facility 1, including the Guarantee Facility but not including any Overdraft Facility, by delivery to the relevant Facility 1 Lender a duly completed Utilisation Request not later than the Specified Time.