Establishment of Facility. Subject to the terms and conditions of this Agreement, the Lenders hereby establish in favour of the Borrower the Facility during the Availability Period in the aggregate principal amount of the Credit Limit.
Establishment of Facility. The Lenders, in reliance on each of the representations, warranties and covenants set out herein and upon and subject to the provisions of this Agreement, including without limitation the satisfaction of the relevant conditions to the making of Advances hereunder set out in Article 8, hereby agree to make available to the Borrower a non-revolving term facility in a maximum initial principal amount of up to $350,000,000.
Establishment of Facility. The Lenders hereby severally establish in favour of the Borrower, and otherwise on the terms and conditions hereof, a credit facility (the "Facility") in the maximum principal amount, in US Dollars and/or Cdn. Dollars of the US Dollar Equivalent of US$30,000,000. The Facility shall comprise a:
(a) 364 Day Tranche: a revolving extendible 364 day credit maturing on the 364 Day Tranche Repayment Date, not to exceed the US Dollar Equivalent of US$30,000,000; or
Establishment of Facility. 1 1.3 Guarantor..............................................................................1 1.4 Collateral.............................................................................1 1.5 Loans..................................................................................1 1.6 General................................................................................2 1.7
Establishment of Facility. The Borrower has requested that the Lenders establish this loan facility (the "Facility"), the proceeds of Loans made under which shall be used as follows, subject to and upon the terms and conditions of this Agreement:
2.1 to this Agreement and as otherwise may be approved by the Agent, in its discretion. From time to time, from the last day of the Initial Advance Period up to the Termination Date, to finance the Borrower's purchase, subject to and in accordance with the terms and conditions of the Stock Purchase Agreement, of additional shares of PWF Common Stock from one or more of the Selling Stockholders upon the exercise of one more Call Options or one or more Put Options (with any shares of PWF Common Stock thus purchased by the Borrower being referred to herein as "Option Purchased Shares").
Establishment of Facility. Subject to the terms and conditions in this Agreement, BMO hereby establishes a credit facility for the Borrower in the maximum principal amount of Five Hundred Thousand Dollars ($500,000.00) (the "Mastercard Facility"). BMO shall not have the right to assign or grant a participation in the MasterCard Facility in whole or in part to any other Person.
Establishment of Facility. The Lenders hereby establish a committed revolving credit facility in favour of the Borrower for its general corporate purposes excluding (unless the Required Lenders otherwise consent) the financing of any Hostile Take-Over Bid. Each Lender severally (and not jointly) agrees to make available its share of each Borrowing to be made under the Operating Facility in accordance with its Rateable Share thereof. The Borrower shall so apply all amounts borrowed by it under the Operating Facility.
Establishment of Facility. The Swing Line Lender hereby establishes a committed revolving credit facility in favour of the Borrower for its general corporate purposes excluding (unless the Required Lenders otherwise consent) the financing of any Hostile Take-Over Bid. The Swing Line Lender agrees to make available each Borrowing to be made under the Swing Line Facility. The Borrower shall so apply all amounts borrowed by it under the Swing Line Facility.
Establishment of Facility. The establishment of any community correctional facility or program within a given County shall he sub- ject to the approval of the County Commissioners of that County as well as to the approval of the governing body of the city or town in which the proposed facility or the situs of the program is to be located. In this regard, said Commissioners shall consult with the Corrections Board as provided by law.
Establishment of Facility. Subject to the terms and conditions of this Agreement, the Lender hereby agrees to make a non-revolving term loan (the “Loan”) to the Borrower in the amount of U.S.$610,000,000.00 subject to satisfying the conditions precedent set out in section 7.1. The Loan will be available by way of a single Advance and the commitment of the Lender to make the Advance will expire on December 15, 2009 if it has not been made by such date. The term of the Loan will mature on the Maturity Date.
