Examples of Non-Extended Facility in a sentence
At any time after the second anniversary of the date of this Agreement, the Liquidity Provider of a Liquidity Facility with respect to any Class of Certificates may, at its option, notify the Subordination Agent and ATA of the early termination of such Liquidity Facility pursuant to Section 2.10 of such Liquidity Facility, (a "Non-Extended Facility"), specifying the date of early termination, which shall be not earlier than the 40th day after the date of such notice (the "Early Termination Date").
If on or prior to the 15th day prior to the Early Termination Date there shall not have been delivered to the Borrower a Replacement Liquidity Facility as provided in Section 3.6(e) hereof, the Subordination Agent shall, on such 15th day (or as soon as possible thereafter), in accordance with and to the extent permitted by the terms of the Non-Extended Facility, request a drawing under such Non-Extended Facility (such drawing, a "Non-Extension Drawing") of all available and undrawn amounts thereunder.
At any time prior to the termination of the Non-Extended Facility, (i) with respect to any Advance, there are no unused commitments to advance loans under the Non-Extended Facility, and (ii) with respect to any issuance of a Letter of Credit, there is not sufficient availability under the Non-Extended Facility to issue a letter of credit in the full amount of such requested Letter of Credit.
Rowan Delaware shall have paid, or caused to be paid, all fees, expenses, and other amounts accrued and/or owing by the obligors under the Non-Extended Facility through and including the Closing Date.