Common use of Maximum number of Loans Clause in Contracts

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) more than two (2) Term Loans would be outstanding; (ii) more than ten (10) Acquisition Revolving Facility Loans would be outstanding; or (iii) more than ten (10) General Revolving Facility Loans would be outstanding. (b) Any Loan made by a single Lender under clause 6.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5.

Appears in 1 contract

Samples: Facilities Agreement

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Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) more than two (2) Term Loans would be outstanding; (ii) more than ten (10) Acquisition Revolving 14 Facility A Loans would be outstanding; or (iiiii) more than ten (10) General Revolving 6 Facility B Loans would be outstanding. (b) A Borrower may not request that a Term Loan be divided if, as a result of the proposed division, more than 6 Term Loans would be outstanding. (c) Any Loan made by a single Lender under clause Clause 6.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5Clause 4.4.

Appears in 1 contract

Samples: Facility Agreement (Intercontinental Hotels Group PLC /New/)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) , 6 or more than two (2) Term Loans would be outstanding; (ii) more than ten (10) Acquisition Revolving Facility Loans would be outstanding; or (iii) more than ten (10) General Revolving Facility Loans would be outstanding. (b) A Borrower may not request that a Loan be divided if, as a result of the proposed division, 6 or more Loans would be outstanding. (c) Any Loan made by a single Lender under clause Clause 6.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5Clause 4.3.

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) 15 or more than two (2) Term Loans would be outstanding; (ii) more than ten (10) Acquisition Revolving Facility A Loans would be outstanding; or (iiiii) 15 or more than ten (10) General Revolving Facility B Loans would be outstanding. (b) Any Loan made by a single Lender under clause 6.2 Clause 6.3 (Unavailability Change of a currency) shall not be taken into account in this clause Clause 4.5.

Appears in 1 contract

Samples: Facility Agreement (Legrand Holding Sa)

Maximum number of Loans. (a) A Borrower The Company may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) more than two (2) Term Loans would be outstanding; (ii) more than ten (10) Acquisition 15 Revolving Facility Loans would be outstanding; or (iiiii) more than ten (10) General Revolving Facility 15 Swingline Loans would be outstanding. (b) Any Loan made by a single Lender under clause 6.2 Clause ‎‎7.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5Clause ‎‎4.4. SECTION 3 UTILISATION

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Cboe Global Markets, Inc.)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) eight or more than two (2) Term Loans would be outstanding; (ii) more than ten (10) Acquisition Revolving Facility A Loans would be outstanding; or (iiiii) ten or more than ten (10) General Revolving Facility B Loans would be outstanding. (b) A Borrower may not request that a Facility A Loan be divided if, as a result of the proposed division, eight or more Facility A Loans would be outstanding. (c) Any Loan made by a single Lender under clause 6.2 Clause 7.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5Clause 4.4.

Appears in 1 contract

Samples: Facilities Agreement (Benfield Greig Group PLC)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) six (6) or more than two (2) Term Facility A Loans would be outstanding; (ii) six (6) or more than ten (10) Acquisition Revolving Facility B Loans would be outstanding; or (iii) four (4) or more than ten (10) General Revolving Facility C Loans would be outstanding. (b) Any Loan made by a single Lender under clause Clause 6.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5Clause 4.4.

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (Seawell LTD)

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Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) 16 or more than two (2) Term Loans would be outstanding;; or Table of Contents (ii) 16 or more than ten (10) Acquisition Revolving Facility Loans would be outstanding; or (iii) more than ten (10) General Revolving Facility Loans would be outstanding. (b) A Borrower may not request that a Term Loan be divided if, as a result of the proposed division, 16 or more Term Loans would be outstanding. (c) Any Loan made by a single Lender under clause 6.2 Clause 9.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5Clause 4.4.

Appears in 1 contract

Samples: Facilities Agreement (HeidelbergCement AG)

Maximum number of Loans. (a) A The Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation more than 15 Loans would be outstanding. (b) The Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) , Loans denominated in more than two (2) Term Loans would be outstanding; (ii) more than ten (10) Acquisition Revolving Facility Loans would be outstanding; or (iii) more than ten (10) General Revolving Facility Loans 3 currencies would be outstanding. (bc) Any Loan made by a single Lender under clause Clause 6.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5Clause 4.4.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Discovery Communications, Inc.)

Maximum number of Loans. (a) A Borrower may not deliver a Utilisation Request if as a result of the proposed Utilisation: (i) Utilisation more than two (2) Term Loans would be outstanding; (ii) more than ten (10) Acquisition Revolving Facility Loans would be outstanding; or (iii) more than ten (10) General Revolving Facility 20 Loans would be outstanding. (b) A Borrower may not request that a Term Loan be divided if, as a result of the proposed division, more than 20 Term Loans would be outstanding. (c) Any Loan made by a single Lender under clause Clause 6.2 (Unavailability of a currency) shall not be taken into account in this clause 4.5.Clause 4.4. A02583129/5.0/05 Feb 2003 Back to Contents

Appears in 1 contract

Samples: Facility Agreement (Six Continents PLC)

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