Examples of Maximum Credit Facility Amount in a sentence
Even if the aggregate amount at anyone time advanced and for any reason exceeds the Maximum Credit Facility Amount, Borrower shall nevertheless be liable for the entire amount outstanding and interest thereon in accordance with this Agreement and all accompanying Transaction Documents, and Borrower shall be responsible for observance of, performance of, and compliance with all of the terms, covenants and Transaction Documents, in form and substance acceptable to Bank.
A well-known and physical important example is the ferromagnetic Heisenberg chain, for which the entanglement entropy scales like SA = 1/2 log ℓ [63, 64].
Subject to Section 3.2, until the first date on which the Maximum Credit Facility Amount is Fully Paid, no Subordinated Lien Creditor will, without the prior written consent of the Senior Lien Administrative Agent, take any Enforcement Action.
Furthermore, if for any reason whatsoever any amount of principal outstanding under the Credit Facility exceeds the Maximum Credit Facility Amount, the Borrower shall repay such amount in excess of the Maximum Credit Facility Amount promptly upon becoming aware thereof or being notified thereof by the Agent.
If, as a result of a scheduled reduction under this clause 10.1 becoming effective, the amount of principal outstanding under the Credit Facility exceeds the Maximum Credit Facility Amount, any such amount in excess of the Maximum Credit Facility Amount shall be repaid by the Borrower on the date of the relevant scheduled reduction.