NO REDUCTION IN FACILITY LIMIT BELOW ADVANCES OUTSTANDING. Neither the Borrower nor the Manager may reduce the Facility Limit on any Business Day below the aggregate of the Advances then outstanding on that Business Day.
Appears in 4 contracts
Samples: Redraw Facility Agreement (Macquarie Securitisation LTD), Redraw Facility Agreement (Macquarie Securitisation LTD), Redraw Facility Agreement (Macquarie Securitisation LTD Puma Global Trust No 4)