Facility C. (a) Facility C may only be utilised by way of Letters of Credit.
Facility C. Subject to the terms of this Agreement, the Lender makes available to the Borrower a US dollar term loan facility in an aggregate amount equal to the Facility C Commitment.
Facility C. Each Lender agrees to lend to Borrower its Pro Rata Part of one or more Loans under Facility C, which Borrower may borrow, repay and reborrow under this Agreement. Loans under Facility C are subject to the following conditions:
Facility C. Each Lender severally agrees, subject to the terms and conditions of this Agreement, to make a term Loan to the Borrower not to exceed its Facility C Commitment. Such Loan shall be made by way of a single borrowing made on the Closing Date. Any portion of each Lender's Facility C Commitment not utilized by such borrowing on such date shall be permanently canceled.
Facility C. The proceeds of the single Advance made by the Lenders under Facility C was used by LP primarily to indirectly refinance certain term indebtedness of LP.
Facility C. (a) Subject to the terms of this Agreement, the Lenders make available to the Borrowers a multi-currency revolving credit facility in an aggregate amount equal to the Total C Commitments.
Facility C. LP has, in accordance with the provisions of the Original Agreement prior to the date hereof, borrowed by way of a single drawdown under Facility C a principal amount of US$45,000,000. As at the date hereof, a principal amount of US$45,000,000 remains outstanding under Facility C.
Facility C. Only one Advance has been made available under Facility C. No further Advances are available under Facility C and the principal amount outstanding under Facility C as at the date hereof is US $45,000,000.
Facility C. Subject to the terms and conditions hereof, up to and including November 30, 2001, Bank hereby agrees to make such loans (individually, a "Facility C Loan" and collectively, the "Facility C Loans") to Borrowers, jointly and severally, as any of the Borrowers may from time to time request pursuant to Section 3.2. The aggregate principal amount of Facility C Loans which Bank, cumulatively, shall be required to have outstanding hereunder at any one time shall not exceed One Million Dollars ($1,000,000.00) from April 4, 2001 until August 30, 2001 which amount shall be reduced on August 31, 2001 to the new maximum Facility C amount of Seven Hundred Fifty Thousand Dollars ($750,000.00) for the period up to and including September 29, 2001, further reducing on September 30, 2001 to the new maximum Facility C amount of Five Hundred Thousand Dollars ($500,000.00) for the period up to and including October 30, 2001, further reducing on October 31, 2001 to the new maximum Facility C amount of Two Hundred Fifty Thousand Dollars ($250,000.00) for the period up to and including November 29, 2001, with all Facility C Loans to be repaid in full and the Bank's Facility C Commitment to terminate on November 30,
Facility C. (a) The Lender, during the period from the date of this Agreement until April 1, 1999, subject to the terms and conditions of this Agreement, and subject to the condition that at the time of each borrowing issuance hereunder no Default or Event of Default has occurred and is then continuing to occur and that the representations and warranties given by the Borrower in Section 2 as of the date of this Agreement shall remain true and correct in all material respects (except for representations and warranties (i) which are made as of a particular date or (ii) as to which the facts which gave
