Consolidation and division of Term Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods:
(i) relate to Term Loans in the same currency to the same Borrower; and
(ii) end on the same date, those Term Loans will, unless the Company on behalf of the relevant Borrower specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Term Loan on the last day of the Interest Period. LD857960/50
(b) Subject to Clause 4.3 (Maximum number of Utilisations) and Clause 5.3 (Currency and amount), if the Company on behalf of the relevant Borrower requests in a Selection Notice that a Term Loan be divided into two or more Term Loans, that Term Loan will, on the last day of its Interest Period, be so divided with Base Currency Amounts specified in that Selection Notice, being an aggregate Base Currency Amount equal to the Base Currency Amount of the Term Loan immediately before its division.
Consolidation and division of Term Loans. (a) Subject to paragraph (b) below and to the extent applicable, if two or more Interest Periods:
(i) relate to Term Loans made to the Borrower under the same Facility; and
(ii) end on the same date, those Term Loans will, unless the Borrower specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Term Loan on the last day of the Interest Period.
(b) Subject to Clause 4.3 (Maximum number of Loans) and Clause 5.3 (Currency and amount), if the Borrower requests in a Selection Notice that a Facility A Loan or a Facility C Loan be divided into two or more Facility A Loans or Facility C Loans, that Term Loan will, on the last day of its Interest Period, be so divided into the amounts specified in that Selection Notice, being an aggregate amount equal to the amount of that Term Loan immediately before its division.
Consolidation and division of Term Loans. (a) Subject to paragraph (b) below, if two or more Terms:
(i) relate to Term Loans under a Term Loan Facility in the same currency; and
(ii) end on the same date, those Term Loans for that Term Loan Facility will, unless the Company specifies to the contrary in the Selection Notice for the next Term, be consolidated into, and treated as, a single Term Loan for that Facility on the last day of the Term.
(b) Subject to the other provisions of this Agreement, if the Company requests in a Selection Notice that a Term Loan under a Term Loan Facility be divided into two or more Term Loans, that Term Loan will, on the last day of its Term, be divided as specified in that Selection Notice.
Consolidation and division of Term Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods:
(i) relate to Term Loans in the same currency;
(ii) end on the same date; and
(iii) are made to the same Borrower, the relevant Term 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 Term Loan on the last day of the Interest Period.
(b) Subject to Clause 4.4 (Maximum number of Loans) and Clause 5.3 (Currency and amount), if a Borrower (or the Company on its behalf) requests in a Selection Notice that a Term Loan be divided into two or more respective Term Loans that Term Loan will, on the last day of its Interest Period, be so divided with Base Currency Amounts specified in that Selection Notice, being an aggregate Base Currency Amount equal to the Base Currency Amount of the respective Term Loan immediately before its division.
Consolidation and division of Term Loans. (a) If two or more Interest Periods:
(i) relate to Term Loans to be made to the same Borrower under the same Facility; and
(ii) end on the same date,
Consolidation and division of Term Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods:
(i) relate to Term Loans; and
(ii) end on the same date, those Term Loans will, unless the Company on behalf of a Borrower specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Loan on the last day of the Interest Period.
(b) Subject to Clause 4.4 (Maximum number of Utilisations) and Clause 5.3 (Currency and amount), if the Company on behalf of a Borrower requests in a Selection Notice that a Term Loan be divided into two or more Term Loans, that Term Loan will, on the last day of its Interest Period, be so divided with Base Currency Amounts specified in that Selection Notice, being an aggregate Base Currency Amount equal to the Base Currency Amount of the Term Loan immediately before its division.
Consolidation and division of Term Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods relate to Term Loans and those Term Loans end on the same date, those Term Loans will, unless the Borrower specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Term Loan on the last day of the Interest Period.
(b) If the Borrower requests in a Selection Notice that a Term Loan be divided into two or more Term Loans, that Term Loan will, on the last day of its Interest Period, be so divided with Base Currency Amounts specified in that Selection Notice, being an aggregate Base Currency Amount equal to the Base Currency Amount of the Term Loan immediately before its division.
Consolidation and division of Term Loans. 1.1 Subject to paragraph (b) below, if two or more Interest Periods:
1.1.1 relate to Term Loans in the same currency;
1.1.2 end on the same date; and
1.1.3 are made to the same Borrower, those Term Loans will, unless that Borrower (or the Original Borrower on its behalf) specifies to the contrary in the Selection Notice for the next Interest Period, be consolidated into, and treated as, a single Term Loan on the last day of the Interest Period.
Consolidation and division of Term Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods:
(i) relate to Term Loans under the same Facility (other than a Facility D Loan drawn by a Canadian Borrower) and in the same currency;
(ii) end on the same date; and
(iii) are made to the same Borrower, those Term 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 Term Loan under Facility A or Facility D, as appropriate, on the last day of the Interest Period.
(b) Subject to Clause 5.3 (Currency and amount), if a Borrower (or the Company on its behalf) requests in a Selection Notice that a Facility A Loan or Facility D Loan (other than a Facility D Loan drawn by a Canadian Borrower) be divided into two or more Facility A Loans or Facility D Loans, that Facility A Loan or Facility D Loan, as appropriate, will, on the last day of its Interest Period, be so divided with Base Currency Amounts specified in that Selection Notice, being an aggregate Base Currency Amount equal to the Base Currency Amount of the Facility A Loan or Facility D Loan, as appropriate, immediately before its division.
Consolidation and division of Term Loans. (a) Subject to paragraph (b) below, if two or more Interest Periods:
(i) relate to:
(A) Capex/Acquisition Facility Loans made to the same Borrower; or
(B) Incremental Facility Loans made under the same Incremental Facility; and
(ii) end on the same date, those Capex/Acquisition Facility Loans or, as the case may be, Incremental Facility 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 Capex/Acquisition Facility Loan or, as the case may be, a single Incremental Facility Loan, on the last day of the Interest Period.
(b) Subject to Clause 4.4 (Maximum number of Loans), and Clause 5.3 (Currency and amount) if a Borrower (or the Company on its behalf) requests in a Selection Notice that a Capex/Acquisition Facility Loan or an Incremental Facility Loan be divided into two or more Capex/Acquisition Facility Loans or, as the case may be, Incremental Facility Loans, that Loan will, on the last day of its Interest Period, be so divided with Base Currency Amounts specified in that Selection Notice, having an aggregate Base Currency Amount equal to the Base Currency Amount of the Loan immediately before its division.
