Examples of Loan Facility Amount in a sentence
Each tranche of Incremental Term Loans will be in an integral multiple of $1.0 million and in an aggregate principal amount that is not less than $15.0 million (or such lesser minimum amount approved by the Administrative Agent in its reasonable discretion); provided that such amount may be less than the applicable minimum amount or integral multiple amount if such amount represents all the remaining availability under the Available Incremental Term Loan Facility Amount.
Unless the Borrower elects otherwise, each Incremental Facility shall be deemed incurred first under the Available Incremental Term Loan Facility Amount to the extent permitted, with the balance incurred under the Non-Ratio Based Incremental Facility Cap.
On and subject to the terms and conditions of this Agreement, each Lender, severally and for itself alone, agrees to make available the term loan to Borrowers (the “Term Loan”) in such Lender’s applicable Pro Rata Term Loan Share of the Term Loan Facility Amount.
Under the terms of the Intercompany Loan Agreement, the Issuer in its capacity as lender under the Intercompany Loan Agreement (being defined as the “Intercompany Loan Provider” for the purposes of this Offering Circular) has agreed to make available to the CBG the Intercompany Loan in an aggregate amount up to the Intercompany Loan Facility Amount.
If the Borrower incurs indebtedness under the Non-Ratio Based Incremental Facility Cap on the same date that it incurs indebtedness under the Available Incremental Term Loan Facility Amount, then the Senior Secured First Lien Net Leverage Ratio or the Total Net Leverage Ratio, as applicable, with respect to the amounts incurred under the Available Incremental Term Loan Facility Amount will be calculated without including any incurrence under the Non-Ratio Based Incremental Facility Cap.
For so long as the Note described in this Applicable Pricing Supplement remains outstanding, the Issuer shall ensure that the Junior Loan Facility Amount will not reduce below 3% of the Total Debt unless agreed by Extraordinary Resolution of all the Noteholders.
If the whole or any part of any Loan Facility Amount is prepaid, the Company must make that prepayment together with an amount that is equivalent to the interest that would have accrued under the Facility Agreement on the amount prepaid for the period from the date on which that prepayment is made up to the Repayment Date.
Subject to the terms and conditions set forth in this Agreement, on the Closing Date the Term Loan Lenders severally agree to make the Term Loan in the original principal amount of the Term Loan Facility Amount to the Borrowers.
The results show that only the two beekeeping subprojects were able to withstand the combined effect of reducing revenues and increasing costs by 20%.
In contrast, investments do not vary with dividend taxes when retained earnings finance investments at the margin.