Establishment of Credit Facility. 2.1.1 Subject to the terms and conditions set forth herein, the Lender establishes in favour of the Borrowers during the period commencing on the Original Closing Date and ending on the Maturity Date, an unsecured revolving acquisition credit facility (the “Credit Facility”) in the principal amount of $500,000,000. Subject to the terms and conditions of this Agreement, the Borrowers may borrow, repay and re-borrow Loans under the Credit Facility.
Appears in 3 contracts
Samples: Credit Agreement (Brookfield Business Partners L.P.), Credit Agreement (Brookfield Business Partners L.P.), Credit Agreement (Brookfield Business Partners L.P.)
Establishment of Credit Facility. 2.1.1 Subject to the terms and conditions set forth herein, the Lender establishes in favour of the Borrowers during the period commencing on the Original Closing Date and ending on the Maturity Date, an unsecured revolving acquisition credit facility (the “Credit Facility”) in the principal amount of $500,000,000Credit Facility Amount. Subject to the terms and conditions of this Agreement, the Borrowers may borrow, repay and re-borrow Loans under the Credit Facility.
Appears in 2 contracts
Samples: Credit Agreement (Brookfield Business Partners L.P.), Credit Agreement (Brookfield Business Corp)
