Facility Outstandings definition

Facility Outstandings at any time means the total of all Drawings made at that time, to the extent not reduced by repayments, prepayments or voluntary reductions.

Facility Outstandings means, on any day, the aggregate of all amounts (whether in respect of interest, capital or otherwise) then owing by the Borrower to Land Bank in terms of this Agreement;

Facility Outstandings means, at any time, the aggregate of all amounts of principal, accrued and unpaid interest and all and any other amounts due and payable to the Finance Parties under the Finance Documents including, without limitation, any claim for damages or restitution and any claim as a result of any recovery by an Obligor of a payment or discharge on the grounds of preference, and any amounts which would be included in any of the above but for any discharge, non-provability or unenforceability of those amounts in any insolvency or other proceedings;

Examples of Facility Outstandings in a sentence

• The Borrower shall apply all the proceeds of any Cure Amount received by a member of the Group in or towards payment, repayment or prepayment of the Utilisations and other Senior Facility Outstandings under the Senior Facilities, promptly upon receipt and, in any event, no later than the last day of the relevant Cure Period.

• The Company and each Ancillary Borrower to which an Ancillary Facility has been made available and each Ancillary Lender shall, upon request by the Administrative Agent, promptly supply the Administrative Agent with any information relating to the operation of such Ancillary Facility (including the Ancillary Facility Outstandings) as the Administrative Agent may reasonably request from time to time.

• Subject to the terms and conditions set forth herein (including each proviso hereto), each Lender severally agrees to make its portion of a term loan (the “Closing Date Term Loan”) in Dollars to the Borrower on the Closing Date in an aggregate amount not to exceed such Lender’s Closing Date Term Loan Commitment; provided, however, that after giving effect to the Borrowing of Closing Date Term Loans, the Total Facility Outstandings shall not exceed the Borrowing Base.

• Each Lender with an Incremental Term Loan Commitment pursuant to Section 2.06(b) severally agrees to make its portion of a term loan (an “Incremental Term Loan”) in a single advance in Dollars to the Borrower in an aggregate amount not to exceed such Lender’s Incremental Term Loan Commitment; provided, however, that after giving effect to the Borrowing of the applicable Incremental Term Loan, the Total Facility Outstandings shall not exceed the Borrowing Base.

• In addition to being liable to pay the Purchase Consideration, Mara Delta will either procure the release, with effect from the Effective Date, of the security granted by the Seller to Standard Bank in connection with the Standard Bank Facility Outstandings or will discharge the Standard Bank Facility Outstandings completely on the Effective Date.

More Definitions of Facility Outstandings

Facility Outstandings means the aggregate of all amounts of principal and accrued and unpaid interest due and payable to the Lenders under the Finance Documents;

Facility Outstandings means, at any time, the aggregate of all amounts of loan principal, accrued interest, Break Costs, early settlement premia, fees and all other amounts outstanding in respect of the Facility under the Finance Documents (including, without limitation, any claim for direct damages or restitution, any claim as a result of any recovery by the Borrower or another person of a payment or discharge under the Finance Documents on the grounds of preference, and each amount which would be included in any of the above but for any discharge, non-provability or unenforceability of a claim in any insolvency or other proceedings);

Facility Outstandings means the aggregate of the Amount from time to time of the Loan.

Facility Outstandings means the Loan together with all interest and charges due thereon in accordance with the terms of this Agreement and all other sums due and payable by the Borrower to the Lender hereunder (including, without limitation, any fees, costs or expenses payable by the Borrower hereunder), which at any time and from time to time have not been prepaid, repaid or paid irrevocably, unconditionally and in full;

Facility Outstandings means at any time, the aggregate of:

Facility Outstandings means, at any time, the aggregate of all amounts of loan principal, accrued interest, fees and all other amounts owing by the Borrower to the Lender under the Finance Documents at such time on account of the Facility, including without limitation, any claim for damages or restitution or any claim as a result of any recovery by the Borrower or another person of a payment or discharge under the Finance Documents on the grounds of preference.

Facility Outstandings means, at any time, the aggregate of the Loans and all and any other amounts due and payable to the Lender on account of the Facility, including, without limitation, any Break Costs, bona fide claim for damages or restitution and any claim as a result of any recovery by the Borrower of a payment or discharge on the grounds of preference, and any amounts which would be included in any of the above but for any discharge, non-provability or unenforceability;