Multicurrency Facility definition

Multicurrency Facility means the Multicurrency Commitments and the extensions of credit made thereunder.

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Multicurrency Facility the credit facility provided by the Multicurrency Facility Lenders to the Borrowers hereunder.

Multicurrency Facility means the facility provided by (a) the Multicurrency Lenders to make Multicurrency Loans to the Multicurrency Borrowers, (b) the Overdraft Line Bank to make Overdraft Loans to the Multicurrency Borrowers and (c) the Issuing Banks to Issue Letters of Credit for the account of the Multicurrency Borrowers, in each case on and after the Closing Date in accordance with the terms and conditions contained in this Agreement.

Examples of Multicurrency Facility in a sentence

No Canadian Fronting Bank makes any express or implied warranty, representation or guarantee to Multicurrency Facility Lenders with respect to the Collateral, Canadian LC Documents or any Canadian Loan Party.
Each Borrowing of Multicurrency Facility Loans shall be funded by the Multicurrency Facility Lenders on a Pro Rata basis.
At the request of (a) any Multicurrency Facility Lender, the Borrowers shall deliver a Multicurrency Facility Note to such Multicurrency Facility Lender in the amount of such Multicurrency Facility Lender’s Multicurrency Facility Commitment and (b) any US Facility Lender, the US Borrowers shall deliver a US Facility Note to such US Facility Lender in the amount of such US Facility Lender’s US Facility Commitment.
The aggregate principal amount of Multicurrency Protective Advances shall not exceed ten percent (10%) of the Multicurrency Facility Commitments at such time.
The Multicurrency Facility Loans shall be repaid in accordance with the terms of this Agreement.

More Definitions of Multicurrency Facility

Multicurrency Facility means the facility described in Sections 2.2(c) and 2.2(d) providing for Loans to Company by Multicurrency Facility Lenders in the aggregate principal amount of such Lenders' Multicurrency Facility Commitments.

Multicurrency Facility as defined in the definition of "Facility" in this Section 1.1.

Multicurrency Facility shall have the meaning assigned to such term in the definition of Facility.

Multicurrency Facility means the facility provided by the Lender to make Loans to the Borrower in accordance with the terms and conditions contained in this Agreement.

Multicurrency Facility means, at any time, the aggregate amount of the Multicurrency Lenders' Multicurrency Commitments at such time.

Multicurrency Facility means the facility provided by (a) the Multicurrency Lenders to make Multicurrency Loans to the Multicurrency Borrowers, (b) the Overdraft Line Bank to make Overdraft Loans to the Multicurrency Borrowers and (c) the Issuing Bank to Issue Letters of Credit for the account of the Multicurrency Borrowers, in each case on and after the Closing Date in accordance with the terms and conditions contained in this Agreement and includes the Euro Subfacility and the Sterling Subfacility.

Multicurrency Facility means the facility provided hereunder by the Multicurrency Lenders to make Multicurrency Loans in an amount not to exceed the Commitment Amount.