Consolidation of Loans. On the last day of an Interest Period, all outstanding Loans under a Facility will be consolidated and treated as a single Loan under that Facility.
Appears in 3 contracts
Samples: Facilities Agreement, Facilities Agreement (MiX Telematics LTD), Facilities Agreement (PowerFleet, Inc.)
Consolidation of Loans. On Each Loan will be consolidated into, and treated as, a single Loan on the last day of an the Interest Period, all outstanding Loans under a Facility will be consolidated and treated as a single Loan under that Facility.
Appears in 1 contract
Samples: Pre Export Financing Agreement (Sigma Lithium Corp)