Common use of Maximum number of Utilisations Clause in Contracts

Maximum number of Utilisations. (a) A Borrower may not deliver a Utilisation Request under the Revolving Credit Facility if as a result of the proposed Utilisation 10 or more Revolving Credit Facility Loans would be outstanding. (b) A Borrower may not request that a Term Loan Facility Loan be divided.

Appears in 2 contracts

Samples: Senior Facilities Agreement (Melco Crown Entertainment LTD), Senior Facilities Agreement (Melco Crown Entertainment LTD)

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Maximum number of Utilisations. (a) A Borrower (or the Parent) may not deliver a Utilisation Request under the Revolving Credit Facility if as a result of the proposed Utilisation 10 six or more Revolving Credit Facility Term Loans would be outstanding. (b) A Borrower (or the Parent) may not request that a Term Loan Facility A Loan be divideddivided if, as a result of the proposed division, three or more Facility A Loans would be outstanding.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Genesco Inc)

Maximum number of Utilisations. (a) A Borrower may not deliver a Utilisation Request under the Revolving Credit for Facility A if as a result of the proposed Utilisation 10 6 or more Revolving Credit Facility A Loans would be outstanding. (b) A Borrower may not request that the Letter of Credit be issued under Facility B if, as a Term Loan Facility Loan result of the proposed Utilisation, 2 or more Letters of Credit would be dividedoutstanding.

Appears in 1 contract

Samples: Revolving Facilities Agreement (Molson Coors Brewing Co)

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Maximum number of Utilisations. (a) A Borrower may not deliver a Utilisation Request under the Revolving Credit Facility if if, as a result of the proposed Utilisation 10 or Utilisation, more Revolving than 17 Letters of Credit Facility Loans would be outstanding. (b) A Borrower may not request that a Term Loan Facility A Loan be divideddivided if, as a result of the proposed division, more than 10 Facility A Loans would be outstanding. (c) A Borrower may not deliver a Utilisation Request or Selection Notice if as a result Utilisations denominated in more than 3 Optional Currencies would be outstanding.

Appears in 1 contract

Samples: Facilities Agreement (Sequa Corp /De/)

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