Common use of Consolidation of Loans Clause in Contracts

Consolidation of Loans. On each Interest Payment Date, all Senior Facility C Loans utilised by the Borrower under this Facility that remain outstanding will be consolidated and treated as a single Senior Facility Loan outstanding and owing by the Borrower under this Facility.

Consolidation of Loans. On each Interest Payment Date, all Senior Facility C F Loans utilised by the Borrower under this Facility that remain outstanding will be consolidated and treated as a single Senior Facility Loan outstanding and owing by the Borrower under this Facility.