Grant of Facility. The Bank grants to the Borrower upon the terms and subject to the conditions hereof, a revolving credit facility in a total aggregate amount of $70,000,000 (the "Commitment").
Grant of Facility. The Lenders hereby grant to the Company an ----------------- advance pursuant to which, and upon the terms and subject to the conditions herein set out.
Grant of Facility. 16 Section 2.2 Maximum Outstandings..................................................... 17 Section 2.3 Term; Extension of Maturity Date and Commitments......................... 17 Section 2.4 Nature of Lenders' Obligations........................................... 17 Section 2.5 Changes in Commitments................................................... 18 Section 2.6 Fees..................................................................... 18 Section 2.7 Lending Offices.......................................................... 19 Section 2.8 Prepayments.............................................................. 19 Section 2.9 Notes.................................................................... 19 Section 2.10 Repayment................................................................ 19
Grant of Facility. 1. At the Borrower's request, and together with the terms and conditions of the Master Facility Agreement together with the Schedules thereunder, including this Schedule, the Sanction Letter and the Transaction Documents (including creating or providing security in the manner prescribed), the Bank may vide its Sanction Letter grant to the Borrower an overdraft facility ("the Facility") up to the maximum overdraft limit specified in the Sanction Letter. The Bank shall not be liable to lend to the Borrower beyond the maximum overdraft limit, honour any cheques, allow any cash withdrawals (other than withdrawal in respect of the Facility subject to the terms of the Transaction Documents) or meet any further requirements of the Borrower on account of growth in business or otherwise.
Grant of Facility. Upon and subject to the terms and conditions of this Agreement, the Canadian Revolving Lenders hereby establish a committed revolving operating credit facility in favour of Cognos for general corporate purposes. Each Canadian Revolving Lender severally (and not jointly) agrees to make its share available in each Borrowing to be made under the Canadian Revolving Facility in accordance with its Rateable Share of the Canadian Revolving Facility.
Grant of Facility. (a) The Lender grants to the Borrower the Facility on the terms and conditions of this Agreement and in the other Finance Documents under which the Borrower may, during an Availability Period drawdown an amount up to the Commitment in instalments that shall not exceed the tranches set out in Schedule 1.
Grant of Facility. The Xxxxx xxxxx to the Company, upon the terms and subject to the conditions hereof, an onshore bills of exchange discount facility in the following aggregate amounts:
Grant of Facility. 9 SECTION 2.02. Condition Precedent Documents.............................9 ARTICLE III FUNDING PROVISIONS SECTION 3.01.
Grant of Facility. The Xxxxx xxxxx to the Company, upon the terms and subject to the conditions hereof, a bills of exchange discount facility in an aggregate total amount of US$150,000,000.
Grant of Facility. The Lenders hereby grant to the Company ----------------- an advance facility, pursuant to which, and upon the terms and subject to the conditions herein set out, the Lenders agree from and including the Effective Date to but excluding the Commitment Termination Date, to make Revolving Advances to the Company. Within the limits of the Commitments and subject to the terms of this Agreement, the Company may borrow, prepay and reborrow pursuant to Article 2. ---------
