Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan. (b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date. (c) No Lender is obliged to participate in a Loan if, as a result: (i) its share in the Loans would exceed its Commitment; or (ii) the Loans would exceed the Total Commitments. (d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office on the Utilisation Date.
Appears in 6 contracts
Samples: Revolving Credit Facility Agreement (MGM Resorts International), Revolving Credit Facility Agreement (MGM Resorts International), Multicurrency Revolving Credit Facility (United States Steel Corp)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans under a Facility would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company relevant Borrower through its Facility Office on the Utilisation Date.
Appears in 5 contracts
Samples: Credit Facilities Agreement (Liberty Global, Inc.), Credit Facility Agreement (E. Merck oHG), Credit Facilities Agreement (Liberty Global, Inc.)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans would exceed its Commitment; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company relevant Borrower through its Facility Office on the Utilisation Date.
Appears in 5 contracts
Samples: Credit Agreement, Credit Agreement (Eros International PLC), Credit Facility Agreement (Eros International PLC)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan ifif and to the extent, as a result:
(i) its share in the outstanding Loans under the relevant Facility would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office on the Utilisation Date.
Appears in 3 contracts
Samples: Syndicated Facilities Agreement (Bayer Aktiengesellschaft), Bridge Facilities Agreement (Bayer Aktiengesellschaft), Syndicated Facilities Agreement (Bayer Aktiengesellschaft)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested each Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans Credits under a Facility would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans Credits would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office relevant Borrower on the Utilisation Date.
Appears in 3 contracts
Samples: Senior Credit Facility (Smurfit Kappa Funding PLC), Senior Credit Facility Agreement (JSG Funding PLC), Senior Credit Facility (Smurfit Kappa Acquisitions)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s 's share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans under a Facility would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office on the Utilisation Date.
Appears in 3 contracts
Samples: Credit Facility Agreement (PPL Corp), Credit Facility Agreement (PPL Corp), Credit Facility Agreement (Halliburton Co)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans would exceed its Commitment; or;
(ii) the Loans would exceed the Total Commitments; or
(iii) the aggregate Loans outstanding to the relevant Borrower would exceed any Borrower Sub-limit for that Borrower.
(dc) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office relevant Borrower on the Utilisation Date.
Appears in 2 contracts
Samples: Credit Facility Agreement (Schlumberger LTD /Ny/), Credit Facility Agreement (Schlumberger LTD /Ny/)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) result its share in the Loans Credits under a Facility would exceed its Commitment; or
(ii) the Loans would exceed the Total CommitmentsCommitment for that Facility.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company relevant Borrower through its Facility Office on the Utilisation Date.
Appears in 2 contracts
Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans Credits under a Facility would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans Credits would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office relevant Borrower on the Utilisation Date.
Appears in 2 contracts
Samples: Credit Facility Agreement (Valentia Telecommunications), Credit Facility Agreement (Valentia Telecommunications)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested a Loan will be its Pro Rata rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans Credits would exceed its Commitment; or
(ii) the Loans aggregate amount of all Credits would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office relevant Borrower on the Utilisation Date.
Appears in 2 contracts
Samples: Finance Agreement, Credit Facilities Agreement (Imperial Tobacco Group PLC)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans under a Facility would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company relevant Borrower through its Facility Office on the Utilisation Date.
Appears in 2 contracts
Samples: Facilities Agreement (Mittal Steel Co N.V.), Credit Facility (Mittal Steel Co N.V.)
Advance of Loan. (a) The Facility Agent must promptly on the date that it receives a Request notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans under the relevant Facility would exceed its CommitmentAvailable Commitment for that Facility; or
(ii) the Loans under a Facility would exceed the Total CommitmentsCommitments under that Facility.
(dc) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested each Loan available to the Facility Agent for the Company through its Facility Office relevant Borrower on the Utilisation Date.
Appears in 1 contract
Samples: Term and Revolving Facilities Agreement (Smith & Nephew PLC)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that the Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a the Loan if, as a result:
(i) its share in the Loans Loan would exceed its Commitment; or
(ii) the Loans Loan would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office on the Utilisation Date.
Appears in 1 contract
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s 's share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans under a Facility would exceed its Commitmentcommitment for that Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office on the Utilisation Date.
Appears in 1 contract
Samples: Credit Facility (Tele2 Ab)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans Credits would exceed its Commitment; or
(ii) the Loans Credits would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company relevant Borrower through its Facility Office on the Utilisation Date.
Appears in 1 contract
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans would exceed its Commitment; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office on the Utilisation Date.
Appears in 1 contract
Samples: Credit Facility Agreement (Oce N V)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a the Loan if, as a result:
(i) its share in the Loans Loan would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans Loan would exceed the Total CommitmentsCommitments for that Facility.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Facility A Loan or Facility B Loan available to the Facility Agent for the Company Borrower through its Facility Office on the Utilisation Date.
Appears in 1 contract
Samples: Credit Facilities Agreement
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans would exceed its Commitment; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company Borrower through its Facility Office on the Utilisation Date.
Appears in 1 contract
Advance of Loan. (a) The Facility Administrative Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in make a Loan if, if as a result:
(i) its share in the Loans under a Facility would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Administrative Agent for the Company through its Facility Office on the Utilisation Date.
Appears in 1 contract
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, as a result:
(i) its share in the Loans would exceed its Commitment; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company Borrower through its Facility Office on the Utilisation Date.
Appears in 1 contract
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans under a Facility would exceed its CommitmentCommitment for that Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office relevant Borrower on the Utilisation Date.
Appears in 1 contract
Samples: Multicurrency Credit Facilities Agreement (Alfa Laval Special Finance Ab)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender Bank of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each LenderBank’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender Bank is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans under the Facility would exceed its CommitmentCommitment for the Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender Bank must make its share in the requested Loan available to the Facility Agent for the Company through its Facility Office Borrower on the Utilisation Date.
Appears in 1 contract
Samples: Credit Agreement (Adecco Sa)
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation Date.
(c) No Lender is obliged to participate in a Loan if, if as a result:
(i) its share in the Loans under the Facility would exceed its CommitmentCommitment for the Facility; or
(ii) the Loans would exceed the Total Commitments.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share in the requested Loan available to the Facility Agent for the Company relevant Borrower through its Facility Office on the Utilisation Date.
Appears in 1 contract
Advance of Loan. (a) The Facility Agent must promptly notify each Lender of the details of the requested Loan and the amount of its share in that the Loan.
(b) The amount of each Lender’s share of the requested Loan will be its Pro Rata Share on the proposed Utilisation DateDate immediately prior to making the requested Loan.
(c) No Lender is obliged to participate in a the Loan if, as a result:
(i) if its share participation in the Loans requested Loan would exceed its Commitment; or
(ii) Available Commitment in relation to the Loans would exceed the Total CommitmentsFacility.
(d) If the conditions set out in this Agreement have been met, each Lender must make its share Pro Rata Share in the requested Loan available to the Facility Agent for the Company relevant Borrower through its Facility Office on the proposed Utilisation Date.
Appears in 1 contract
