Common use of Establishment of Credit Facility Clause in Contracts

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount of, subject to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof.

Appears in 3 contracts

Samples: Credit Agreement (Fortis Inc.), Credit Agreement (Fortis Inc.), Credit Agreement (Fortis Inc.)

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Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in an amount equal to the Credit Limit (as such amount of, subject may be reduced from time to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereoftime).

Appears in 3 contracts

Samples: Agreement (Primero Mining Corp), Credit Agreement (Allied Nevada Gold Corp.), Credit Agreement (Allied Nevada Gold Corp.)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour favor of the Borrower BorrowerBorrowers a revolving term credit facility (the “Credit Facility”) in the amount ofof $1,000,000,000, subject as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3 and increased pursuant to Section 2.5.

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount of, subject of U.S.$750,000,000 as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3.

Appears in 1 contract

Samples: Credit Agreement (Yamana Gold Inc)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount of, subject of $50,000,000 as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3.

Appears in 1 contract

Samples: Credit Agreement (Sandstorm Gold LTD)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount of, subject of U.S.$680,000,000 as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3.

Appears in 1 contract

Samples: Credit Agreement (Yamana Gold Inc)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour favor of the Borrower Borrowers a revolving term credit facility (the “Credit Facility”) in the amount ofof $1,000,000,000, subject as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof.0 and increased pursuant to Section 2.5. ​

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount ofof $300,000,000, subject as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 2.3 or the U.S. Dollar Equivalent thereofincreased pursuant to Section 2.5.

Appears in 1 contract

Samples: Credit Agreement (New Gold Inc. /FI)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower Borrowers a revolving term credit facility (the "Credit Facility") in the amount ofof $2,000,000,000, subject as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3.

Appears in 1 contract

Samples: Credit Agreement (Wheaton Precious Metals Corp.)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour favor of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount ofof $1,000,000,000, subject as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3 and increased pursuant to Section 2.5.

Appears in 1 contract

Samples: Revolving Facility Credit Agreement (Royal Gold Inc)

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Establishment of Credit Facility. Subject to the terms and conditions hereof, hereof the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount of, subject of $24,000,000 (as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3).

Appears in 1 contract

Samples: Credit Agreement (Denison Mines Corp.)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount ofof $400,000,000, subject as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3.

Appears in 1 contract

Samples: Credit Agreement (New Gold Inc. /FI)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower Borrowers a revolving term credit facility (the “Credit FacilityFacility ”) in the amount ofof $150,000,000, subject as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3.

Appears in 1 contract

Samples: Credit Agreement (New Gold Inc. /FI)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount ofof $1,000,000,000, subject as such amount may be reduced pursuant to Section 2.6, $1,300,000,000 or the U.S. Dollar Equivalent thereof2.3.

Appears in 1 contract

Samples: Credit Agreement (Silver Wheaton Corp.)

Establishment of Credit Facility. Subject to the terms and conditions hereof, the Lenders hereby establish in favour of the Borrower a revolving term credit facility (the “Credit Facility”) in the amount of, subject to Section 2.6, $1,300,000,000 800,000,000 or the U.S. Dollar Equivalent thereof.

Appears in 1 contract

Samples: Credit Agreement (Fortis Inc.)

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