Common use of Consolidation and division of Facility A Loans Clause in Contracts

Consolidation and division of Facility A Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods: (i) relate to Facility A Loans in the same currency made to the same Borrower; and (ii) end on the same date, those Facility A Loans will, unless that Borrower (or the Company on its behalf) specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Facility A Loan on the last day of the Interest Period.

Consolidation and division of Facility A Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods: (i) relate to Facility A Loans in the same currency made to the same Borrower; andcurrency; (ii) end on the same date; and (iii) are made to the same Borrower, those Facility A Loans will, unless that Borrower (or the Company on its behalf) specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Facility A Loan on the last day of the Interest Period.