Examples of Facility C Loans in a sentence
Before determining the interest rate for a Facility C Loan, the Facility Agent may shorten a Term for any Facility C Loan to ensure there are sufficient Facility C Loans (with an aggregate amount equal to or greater than the relevant Facility C Repayment Instalment) which have a Term ending on the date that the relevant Facility C Repayment Instalment is due to be repaid.
However, be aware that booking a visit during a bank holiday or peak period brings it's own hustle, bustle and an increase in activity.
Accordingly we find no merit in the complaint of the first appellant in relation to this issue.
On each Interest Payment Date, all Senior Facility C Loans utilised by the Borrower under this Facility that remain outstanding will be consolidated and treated as a single Senior Facility Loan outstanding and owing by the Borrower under this Facility.
Any payments or prepayments of the Facility B Term Loans or the Facility C Loans, whether voluntary or otherwise (other than the regularly scheduled quarterly payments) shall reduce, on a pro rata basis, the amount of each quarterly payment thereafter required to be made to any Facility B Term Lender or Facility C Lender that received such payment or prepayment.