Examples of Term Facility Amount in a sentence
Subject to the terms and conditions of this Agreement the Bank agrees to make available to the Borrower a medium term loan facility in the maximum aggregate principal amount equal to the Term Facility Amount.
Each Lender agrees severally, but not jointly, to make a single advance to the Borrower (each a "Term Advance"), on the Funding Date, on the terms and subject to the conditions herein set forth, in an amount equal to its Term Facility Amount.
To the extent that the Term Facility Amount is increased pursuant to Section 2.15, no later than 1:00 p.m. on the date specified in the Notice of Borrowing, each Term Lender will make available for the account of its applicable Lending Office to the Agent at the Principal Office, in immediately available funds, the proceeds of the Term Facility Loan (if any) to be made by such Term Lender.
No proceeds from a Specified Borrower's Accounts shall be deposited into the Facility Deposit Accounts, the HHLP Concentration Account or the Intermediate Concentration Account, and no assets of a Specified Borrower may be used in calculating availability under the Borrowing Base or the Maximum Term Facility Amount.
The Term Facility Loans shall be funded, subject to satisfaction of all terms and conditions contained herein in an initial single funding on the Effective Date in an amount not to exceed $165,000,000.00; provided, however, that Term Facility Loans that may be available for funding as a result of an increase to the Term Facility Amount pursuant to Section 2.15 hereof may be funded within ninety (90) days of the Increase Effective Date for such increase.