Facility A2 definition
Examples of Facility A2 in a sentence
Facility A1 will only be available to the Facility A1 Borrower and Facility A2 will only be available to the Facility A2 Borrower.
The Lenders agree that (without prejudice to Clause 26.19 (Certain Funds Period)) in relation to the Utilisation under Facility A1 and Facility A2 requested to be made during the Certain Funds Period, Clause 4.2 (Further Conditions Precedent) shall only apply if a Certain Funds Default has occurred which is continuing or, in relation to paragraph (b) of Schedule 12 (Certain Funds Default), the relevant parties are in negotiations within the meaning of such paragraph (b).
The Company may not make a selection if as a result more than one Facility A1 Loan or Facility A2 Loan will be partially repaid.
Loan means a Facility A1 Loan, a Facility A2 Loan, a Facility A3 Loan and a Facility A4 Loan, and Loan means, as the context dictates, any one of them.
As between the Borrowers, all Facility A1 Repayment Instalments and Facility A2 Repayment Instalments shall be applied at the direction of the Company.
The Revolving Facility shall not be utilised on the Closing Date unless Facility A1 and Facility A2 are drawn in full at the same time.
The Original Lenders Name of Original Facility A1 Facility A2 Facility B Facility C Lender Commitment Commitment Commitment Commitment Citibank International (Euro)223,333,333.34 (Euro) 350,000,000 US$310,000,000 US$ 50,000,000 plc (for Utilisations other than to a US Person) Citicorp USA, Inc.
The Parties acknowledge and agree that the execution of each Transfer Agreement will be conditional upon the confirmation from the Facility A Lenders that the Facility A1 Commitment and the Facility A2 Commitment have been fully drawn on or before the date of execution of the Transfer Agreements and no other amounts may be disbursed under Facility A1 or Facility A2.
The Company shall, by giving the Agent not less than five Business Days' prior notice, specify which amounts outstanding under Facility A1 Loans and Facility A2 Loans shall be repaid, including the amount of Excess Withdrawals and shall provide to the Agent a revised version of the repayment schedule that would apply as of the next Repayment Date(s).
Subject to the terms of this Agreement and the other Finance Documents, the Lenders agree with the Borrower to make available to the Borrower a term loan facility in an aggregate amount equal to the aggregate of the Facility A2 Commitments of all the Lenders.