Facility C Lenders definition
Examples of Facility C Lenders in a sentence
The Company may, if it gives the Agent not less than 10 Business Days’ (or such shorter period as the Majority Facility B Lenders or Majority Facility C Lenders may agree) prior notice, cancel the whole or any part (being in the case of Facility B a minimum amount of €5,000,000 and in integral multiples of €500,000 and in the case of Facility C, USD5,000,000 and integral multiples of USD500,000) of an Available Facility.
All conditions set forth in clauses (a) through (q) and (t) through (w) of subsection 5.1 of the Facility C Credit Agreement shall have been satisfied or waived in writing by the Facility C Lenders required to affect a waiver of such condition.
The Company shall use its best efforts to ensure that Utilisations under Facility C are to the extent possible made proportionately with all Facility C Lenders in their respective Proposed Participations.
Subject to the terms of this Agreement and the Common Terms Agreement, the Senior Facility C Lenders make available to the Borrower a Rand-denominated term loan facility in an aggregate amount equal to the Total Senior Facility C Commitments in accordance with, and subject to the provisions of, clause 2.3 (Senior Facility C) of the Common Terms Agreement.
The said credit facilities are established by the Facility C Lenders severally and not jointly, and are hereinafter collectively referred to as "Facility C".