Examples of Revolving Credit Facility Borrowers in a sentence
Without prejudice to any other provision of this Agreement, the Total Commitments under the Revolving Credit Facility shall in any event be reduced to zero on the Available Commitment Termination Date in respect of such Facility and no Advance may be drawn by the Revolving Credit Facility Borrowers under the Revolving Credit Facility thereafter.
With respect to any Inventory from time to ------------------ time scheduled, listed or referred to as Eligible Inventory in any certificate, statement or report prepared by or for Borrowers and delivered to Bank and upon which Borrowers are basing Availability under the Revolving Credit Facility, Borrowers warrant and represent that such Inventory meets the definition of Eligible Inventory set forth in this Agreement.
The SIP is designed to meet the requirements of Section 35 of the Act and Section 2 of the Occupational Pension Schemes (Investment) Regulations 2005 (the “Regulations”).
To evidence the Borrowers' obligations under the Revolving Credit Facility, Borrowers are contemporaneously herewith executing and delivering to the Agent the Revolving Credit Note dated of even date herewith in the face principal amount of $175,000,000 in the form and substance set forth on Exhibit A attached hereto.
Subject to the provisions of Section 16.22, in -------------- ------------- connection with and as consideration for the holding available for the use of Borrowers hereunder the full amount of the Revolving Credit Facility, Borrowers will pay a fee to Agent, for the ratable benefit of the Lenders for each day from the Agreement Date through, but not including, the Termination Date, an amount equal to .375% per annum multiplied by the unused portion of the Revolving Credit Facility for such day.
Borrowers may terminate the Revolving Credit Facility and prepay the Term Loan at any time prior to the Termination Date or any renewal thereof; provided, however, (i) if the Borrowers choose to terminate the Revolving Credit Facility, Borrowers must pay in full all amounts due and owing pursuant to the Term Loan, and (ii) any due and owing Prepayment Premium.
In consideration for the commitment of each Revolving Lender to make Advances under the Revolving Credit Facility upon the terms and conditions set forth in this Agreement and the reserving of sufficient funds by each Revolving Lender from which to make disbursement of the Advances under the Revolving Credit Facility, Borrowers shall pay to each such Revolving Lender on the Closing Date its Participation Fee.
The relevant Revolving Credit Facility Borrowers shall pay interest on each Revolving Credit Advance on its Maturity Date (or, in the case of a Revolving Credit Advance having a Maturity Period of more than six months, by instalments, every six months from the relevant Drawdown Date and on the relevant Maturity Date) at the rate per annum determined by the Agent to be the aggregate of (i) the applicable Margin, (ii) the Additional Cost and (iii) LIBOR.
The relevant Revolving Credit Facility Borrowers shall repay and/or discharge in full the Ancillary Outstandings and any Letters of Credit in issue on the Termination Date applicable to the Revolving Credit Facility.
With respect to all Accounts from time to ----------------- time scheduled, listed or referred to as Eligible Accounts in any certificate, statement or report prepared by or for Borrowers and delivered to Bank upon which Borrowers are basing Availability under the Revolving Credit Facility, Borrowers warrant and represent that such Accounts meet the definition of Eligible Accounts, set forth in this Agreement.