Greenshoe Facility definition

Greenshoe Facility means the term loan facility made available under this Agreement as described in Clause 2.2 (Greenshoe Facility).
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Examples of Greenshoe Facility in a sentence

  • Further, the Facility Agent is not obliged to countersign a Lender Accession Agreement or an Initial Facility Lender Notice unless it receives confirmation from the Original Mandated Lead Arranger and Bookrunner that the Greenshoe Facility Commitment set forth in each Lender Accession Agreement and Initial Facility Lender Notice conforms with the final commitment allocations determined by the Original Mandated Lead Arranger and Bookrunner with respect to the Greenshoe Facility.

  • Each Proposed Greenshoe Facility Lender, by executing a Greenshoe Facility Accession Agreement and becoming a Party, agrees and confirms that the Facility Agent has authority to execute on its behalf any amendment or waiver that has been approved by or on behalf of the requisite Lender or Lenders in accordance with this Agreement on or prior to the Greenshoe Facility Establishment Date relating to that Greenshoe Facility Accession Agreement and that it shall be bound by amendment or waiver.

  • The Facility Agent must notify the Company and each Lender participating in the Greenshoe Facility Loan promptly upon being so satisfied.

  • The Facility Agent shall, as soon as reasonably practicable after the establishment of a Greenshoe Facility, notify the Borrower and the Lenders of that establishment.