Common use of Prepaid Borrowings Clause in Contracts

Prepaid Borrowings. prepaid or otherwise reduced Borrowings outstanding to each Lender in an amount equal to the amount by which Borrowings outstanding to such Lender would otherwise be in excess of its Applicable Percentage of the Total Syndicated Facility Commitment or the Operating Facility Commitment, as applicable, immediately after the reduction of the Commitments provided for in such notice; and

Appears in 2 contracts

Sources: Amended and Restated Credit Agreement (Sundial Growers Inc.), Credit Agreement (Sundial Growers Inc.)

Prepaid Borrowings. prepaid or otherwise reduced Borrowings outstanding to each Lender in an amount equal to the amount by which Borrowings outstanding to such Lender would otherwise be in excess of its Applicable Percentage of the Total Syndicated Facility Commitment or the Operating Facility Commitment, as applicable, Lender’s Proportion immediately after the reduction of the Commitments provided for in such notice; and

Appears in 1 contract

Sources: Credit Agreement (Precision Diversified Oilfield Services Corp.)

Prepaid Borrowings. prepaid or otherwise reduced Borrowings outstanding to each Lender in an amount equal to the amount by which Borrowings outstanding to such Lender would otherwise be in excess of its Applicable Percentage Lender's Proportion of the Total Syndicated Facility Commitment, the Term Facility Commitment or the Operating Facility Commitment, as applicable, immediately after the reduction of the Commitments provided for in such notice; and

Appears in 1 contract

Sources: Credit Agreement

Prepaid Borrowings. prepaid or otherwise reduced Borrowings outstanding to each Lender in an amount equal to the amount by which Borrowings outstanding to such Lender Lender’s Total Exposure would otherwise be in excess of its Applicable Percentage the amount of the Total Syndicated Facility such Lender’s Commitment or the Operating Facility Commitment, as applicable, immediately after the reduction of the Commitments Total Commitment provided for in such notice; and

Appears in 1 contract

Sources: Credit Agreement (Columbia Pipeline Group, Inc.)

Prepaid Borrowings. prepaid or otherwise reduced Borrowings outstanding to each Lender in an amount equal to the amount by which Borrowings outstanding to such Lender would otherwise be in excess of its Applicable Percentage of the Total Syndicated Facility Commitment or the Operating Facility Commitment, as applicable, Lender's Proportion immediately after the reduction of the Commitments provided for in such notice; and

Appears in 1 contract

Sources: Credit Agreement (PRECISION DRILLING Corp)

Prepaid Borrowings. prepaid or otherwise reduced Borrowings outstanding to each Lender in an amount equal to the amount by which Borrowings outstanding to such Lender would otherwise be in excess of its Applicable Percentage Lender's Proportion of the Total Syndicated Facility Commitment or and the Operating Facility Commitment, as applicable, immediately after the reduction of the Commitments provided for in such notice; and

Appears in 1 contract

Sources: Credit Agreement (PRECISION DRILLING Corp)

Prepaid Borrowings. prepaid or otherwise reduced Borrowings outstanding to each Lender in an amount equal to the amount by which Borrowings outstanding to such Lender would otherwise be in excess of its Applicable Percentage the amount of the Total Syndicated Facility such Lender’s applicable Commitment or the Operating Facility Commitment, as applicable, immediately after the reduction of the Commitments Total Commitment provided for in such notice; and

Appears in 1 contract

Sources: Credit Agreement (Transcanada Corp)