Facility B. Subject to the terms of this Agreement, the Lenders make available to the Company a multicurrency revolving credit facility, in an aggregate amount equal to the Total Facility B Commitments.
Facility B. Until the Revolving Credit Termination Date, the Borrowers may request the Lenders to make loans (each, a "Facility B Loan" and, collectively, the "Facility B Loans") to the Borrowers from time to time in a principal amount requested by either Borrower. In making such a request a Borrower shall submit to the Lenders an explanation of the use of such Loan and if all Lenders, in their reasonable discretion (based on each such Lender's then existing policies and guidelines concerning the types of activities and transactions it is then willing to finance and such other criteria as such Lender deems relevant), agree to provide the requested financing for such use, the Lenders shall make the requested Loan and the amount thereof shall be a use of the Facility B Commitments. In no event shall the Lenders be obligated to make any such requested Loan for a use that any Lender does not approve in its reasonable discretion. The maximum amount of the Facility B Commitment which each Lender agrees to consider extending to the Borrowers shall be as set forth opposite such Lender's signature hereto under the heading "Facility B Commitment" or as otherwise provided in Section 10.13 hereof, as such amount may be reduced pursuant hereto. The Facility B Commitment may be utilized by the Borrowers in the form of Facility B Loans, all as more fully hereinafter set forth, provided that the aggregate principal amount of Facility B Loans outstanding at any one time shall not exceed the Facility B Commitments and the sum of the aggregate principal amount of Facility A Loans and Letters of Credit outstanding under Facility A plus the aggregate principal amount of Facility B Loans outstanding at any one time shall not exceed the Facility A Commitments. The obligations of the Lenders hereunder are several and not joint, and no Lender shall under any circumstances be obligated to extend credit under the Facility B Commitments in excess of its Facility B Commitment. Each Borrowing of Facility B Loans shall be made ratably by the Lenders in accordance with their Facility B Commitments. Notwithstanding the foregoing, each Lender agrees on the date hereof to advance its pro rata share of the Facility B Loans listed on Schedule VIII hereto (the "Initial Facility B Loans"). Until the Revolving Credit Termination Date, on the last day of an Interest Period for any Borrowing of Initial Facility B Loans or any other Facility B Loans, each Lender agrees, on the terms and conditions set forth in...
Facility B. SunOpta Foods may increase or reduce the amount of Advances outstanding under Facility B by borrowing, repaying and reborrowing US Prime Rate Loans, Libor Loans and Swing B Loans and by causing the issue and re- issue of Letters of Credit or Letters of Guarantee from time to time, and by entering into Hedge Contracts (including FEFCs and FX Collar Options).
Facility B. Subject to the terms of this Agreement, the Lenders make available to the Company a term loan facility in an aggregate amount equal to the Total Facility B Commitments.
Facility B. Subject to the terms of this Agreement, the Lender makes available to the Borrower a US dollar term loan facility in an aggregate amount equal to the Facility B Commitment.
Facility B. The proceeds of Advances made under Facility B shall be used by SunOpta Food Group solely to provide for the ongoing general corporate and working capital purposes of SunOpta Food Group and its Subsidiaries and divisions or for lending to other Obligors.
Facility B. Subject to the terms and conditions contained herein and until the Termination Date, Lenders shall make loans to Borrower under Facility B on a revolving basis in amounts requested by Borrower from time to time (the “Facility B Loans” and each, a “Facility B Loan”) in an aggregate amount outstanding at any time not to exceed the lesser of $30,000,000.00 or the amount permitted by paragraph (f) of this Section 2.02. In addition, each Facility B Loan shall be in an aggregate amount that is an integral multiple of $500,000.00, and no such Facility B Loan shall be less than the Minimum Loan. Availability under Facility B shall be reduced by the amount outstanding of the sum of any Term Loans. Facility B Loans may, upon request of Lenders, be evidenced by a Revolving Loan Note in the form attached hereto as Exhibit A.
Facility B. Each Lender agrees to lend to Borrower its Pro Rata Part of a single Loan under Facility B, which, after it has been prepaid, may not be reborrowed. The Loan under Facility B is subject to the following conditions:
Facility B. The Facility B Advances shall be repaid to the Lender in consecutive principal installments of $250,000 (or such lesser amount as is then outstanding with respect to Facility B), which shall be payable on the last day of each January, April, July and October, with the first such installment to be paid on July 31, 1999, and the last such installment to be paid on October 31, 2004, at which time the entire unpaid principal and accrued unpaid interest with respect to the Facility B Advances shall be due and payable in full.
Facility B. Each Facility B Lender severally agrees, on the terms and conditions hereinafter , to make advances (the "Facility B Advances") to the Borrower of up to an aggregate principal amount not to exceed such Facility B Lender's Facility B Commitment on any Business Day from the date hereof until the Facility B Commitment Termination Date. Each Facility B Loan shall be in an amount equal to at least $1,000,000 (or, if less, the aggregate remaining unused amounts of all Facility B Lenders' Facility B Commitments) (unless such Facility B Loan is to be comprised of Advances under Tranche 3 of Facility B, in which case there shall be no minimum amount for such Facility B Advance) and shall consist of Facility B Advances made on the same day by the Facility B Lenders ratably according to their respective Facility B Commitments. In no event shall the aggregate principal amount of all Facility B Advances outstanding on any date exceed the lesser of:
