Common use of International Banking Facility Clause in Contracts

International Banking Facility. The Borrowers, entities located outside the United States of America, understand that it is the policy of the Board of Governors of the U.S. Federal Reserve System that extensions of credit by international banking facilities, such as the Loan hereunder, may be used to finance the non-U.S. operations of the Borrowers or the Borrower’s Affiliates located outside the United States.

Appears in 1 contract

Samples: Credit & Guaranty Agreement (Auna S.A.)

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International Banking Facility. The BorrowersBorrower, entities an entity located outside the United States of America, understand understands that it is the policy of the Board of Governors of the U.S. Federal Reserve System of the United States that extensions of credit by international banking facilities, such as the Loan hereunder, may be used only to finance the non-U.S. operations of the Borrowers Borrower or the Borrower’s Affiliates affiliates located outside the United States.” 2.5 Section 5.3 of the Credit Agreement is hereby replaced in its entirety with the following:

Appears in 1 contract

Samples: Credit Agreement (Arcos Dorados Holdings Inc.)

International Banking Facility. The BorrowersBorrower, entities an entity located outside the United States of America, understand understands that it is the policy of the Board of Governors of the U.S. Federal Reserve System that extensions of credit by international banking facilities, such as the Loan hereunder, may be used to finance the non-U.S. operations of the Borrowers Borrower or the Borrower’s Affiliates Subsidiaries located outside the United States.

Appears in 1 contract

Samples: Credit Agreement (Auna S.A.A.)

International Banking Facility. The BorrowersBorrower, entities an entity located outside the United States of America, understand understands that it is the policy of the Board of Governors of the U.S. Federal Reserve System of the United States that extensions of credit by international banking facilities, such as the Loan hereunder, may be used only to finance the non-U.S. operations of the Borrowers Borrower or the Borrower’s Affiliates affiliates located outside the United States.

Appears in 1 contract

Samples: Credit Agreement (Corpbanca/Fi)

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International Banking Facility. The BorrowersBorrower, entities an entity located outside the United States of AmericaStates, understand understands that it is the policy of the Board of Governors of the U.S. Federal Reserve System that extensions of credit by international banking facilities, such as the Loan Loans hereunder, may be used to finance the non-U.S. operations of the Borrowers or the Borrower’s Affiliates Borrower located outside the United States.

Appears in 1 contract

Samples: Credit and Guaranty Agreement

International Banking Facility. The BorrowersBorrower, entities an entity located outside the United States of America, understand understands that it is the policy of the Board of Governors of the U.S. Federal Reserve System that extensions exten- sions of credit by international banking facilities, such as the Loan hereunder, may be used to finance the non-U.S. operations of the Borrowers Borrower or the Borrower’s Affiliates Subsidiaries located outside the United States.

Appears in 1 contract

Samples: Credit Agreement

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