Examples of Facility Commitment in a sentence
In such case, the Lender and its Affiliate shall be treated as a single Lender whose Revolving Facility Commitment is the amount set out opposite the relevant Lender’s name in Part II of Schedule 1 (The Original Parties) and/or the amount of any Revolving Facility Commitment transferred to or assumed by that Lender under this Agreement, to the extent (in each case) not cancelled, reduced or transferred by it under this Agreement.
This will include any repayment required to be made on the tenth Anniversary Date so that the Total Outstandings under the Non-Revolving Credit Facility and all accrued and unpaid interest thereon on that date do not exceed the applicable Non-Revolving Credit Facility Commitment for that Anniversary Date.
Financial Assistance ...........................................................................................................
So long as any amount owing under the Loan Documents remains unpaid or Hydro has any Credit Facility Commitment under this PFA and unless Hydro, as the case may be, shall otherwise consent, the Limited Partnership agrees not to create, incur, assume or suffer to exist, any Lien on any of its Property other than Permitted Liens.
Immediately upon any Advance being made by the Contingent Facility Lenders pursuant to Section 2.2(b)(ii), the NEB Reserve Borrower shall not be permitted to request any additional NEB Reserve Drawdowns pursuant to Section 2.2(b)(i) and the NEB Reserve Availability shall thereafter be immediately and permanently cancelled; provided however that the Total Contingent Facility Commitment shall not be reduced solely as a result thereof.