Common use of Consolidation and division of Term Loans Clause in Contracts

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) Subject to paragraph (b) below, if two or more Interest Periods: (i) relate to Term Loans in under the same currency;Term Loan Facility; and (ii) end on the same date; and (iii) are made to the same Borrower, the relevant those Term Loans will, unless that the 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 Facility A Loan or Facility B Loan, as applicable, on the last day of the Interest Period. (b) Subject to Clause 4.4 4.3 (Maximum number of LoansUtilisations) and Clause 5.3 (Currency and amount), if a the Borrower (or the Company on its behalf) requests in a Selection Notice that a Term Facility A Loan or Facility B Loan be divided into two or more respective Term Facility A Loans or Facility B Loans, as applicable, that Term Loan will, on the last day of its Interest Period, be so divided with Base Currency Amounts amounts specified in that Selection Notice, being an aggregate Base Currency Amount amount equal to the Base Currency Amount amount of the respective Term Loan 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 Term Loans under the same Facility and in the same currency;currency and made to the same Borrower; and (ii) end on the same date; and (iii) are made to the same Borrower, the relevant 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 the relevant Facility 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 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) Subject to paragraph (b) below, if two or more Interest Periods: (i) relate to Term Loans in the same currency;currency to the same Borrower; and (ii) end on the same date; and (iii) are made to the same Borrower, the relevant those Term Loans will, unless that Borrower (or the Company on its behalf) 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.. LD857960/38 (b) Subject to Clause 4.4 4.3 (Maximum number of LoansUtilisations) and Clause 5.3 (Currency and amount), if a Borrower (or the Company on its behalf) behalf of the relevant Borrower requests in a Selection Notice that a Term Loan be divided into two or more respective Term Loans 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) 10.4.1 Subject to paragraph (b) belowClause 10.4.2, if two or more Interest Periods: (iA) relate to Term Loans under the same Facility in the same currency; (iiB) end on the same date; and (iiiC) are made to the same Borrower, the relevant 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 on the last day of the Interest Period. (b) 10.4.2 Subject to Clause 4.4 4.3 (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 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 amount of the respective Term Loan immediately before its division.