Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in an amount equal to the Credit Limit (as such amount may be reduced from time to time).
Establishment of Credit Facility. 2.1.1 Subject to the terms and conditions set forth herein, the Lender hereby establishes in favour of the Borrowers a Credit Facility in the amount of $1,000,000,000 (the “Available Amount”) and commits to make Loans to the Borrowers from time to time during the period commencing on the Effective Date and ending on the Maturity Date, the aggregate outstanding principal amount of all such Loans not exceeding at any time the Available Amount. Subject to the terms and conditions of this Agreement, the Borrowers may borrow, repay and re-borrow Loans.
Establishment of Credit Facility. Subject to the terms and conditions hereof the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount of $24,000,000 (as such amount may be reduced pursuant to Section 2.3).
Establishment of Credit Facility. Subject to the terms and conditions set forth in this Agreement and the other Loan Documents, Lender hereby agrees to lend to Debtor under a credit facility (the “Revolving Credit Facility”) an aggregate sum not to exceed the lesser of: (i) an amount equal to the Borrowing Base; or (ii) TWENTY MILLION AND NO/100 DOLLARS ($20,000,000.00) (the “Maximum Amount”), on a revolving basis from time to time during the period commencing on the date hereof and continuing until the earlier of: (i) the acceleration of the Indebtedness pursuant to the terms of the Loan Documents; or (ii) JUNE 30, 2019 (the earlier of such dates being the “Revolving Credit Maturity Date”). If at any time the sum of the aggregate principal amount of Loans outstanding hereunder exceeds lesser of the Maximum Amount or the Borrowing Base, such amounts shall be deemed an “Overadvance.” Debtor shall immediately repay the amount of such Overadvance plus all accrued and unpaid interest thereon upon written demand from Lender. Notwithstanding anything contained herein to the contrary, an Overadvance shall be considered a Loan and shall bear interest at the Rate as set forth in the Revolving Credit Note and be secured by this Agreement. Subject to the terms and conditions hereof, Debtor may borrow, repay and reborrow funds under the Revolving Credit Facility up to the Revolving Credit Maturity Date.
Establishment of Credit Facility. 2.1.1 Subject to the terms and conditions set forth herein, the Lender establishes in favour of the Borrowers during the period commencing on the Original Closing Date and ending on the Maturity Date, an unsecured revolving acquisition credit facility (the “Credit Facility”) in the principal amount of $500,000,000. Subject to the terms and conditions of this Agreement, the Borrowers may borrow, repay and re-borrow Loans under the Credit Facility.
Establishment of Credit Facility. Section 2.01 of the Credit Agreement is hereby amended by replacing "U.S. $1,450,000,000" in the last line thereof with "U.S. $1,285,000,000".
Establishment of Credit Facility. Subject to the terms and conditions of and in reliance upon the representations and warranties in the Loan Documents, each Lender (severally and on a pro rata basis with the other Lenders) will lend funds to Borrowers on the Closing Date in an aggregate principal amount advanced not to exceed the Term Loan Commitment (as determined in accordance with Section 1.3).
Establishment of Credit Facility. Subject to the terms and conditions of and in reliance upon the representations and warranties in the Loan Documents, each Lender (severally and on a Pro Rata basis with the other Lenders) will lend funds to Borrowers on a senior secured basis through Advances from time to time prior to September 16, 2000 (the "Final Term Draw Date") in an aggregate principal amount advanced not to exceed the Available Credit Portion (as determined in accordance with Section 1.3.
Establishment of Credit Facility. 2.1.1 Subject to the terms and conditions of this Agreement, the Lender hereby establishes a revolving credit facility (the “Credit Facility”) in favour of the Borrower in the amount of the Commitment.
Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a term credit facility (the "Credit Facility") in the amount of U.S. $650,000,000.
