Syndicated Facility Sample Clauses

Syndicated Facility. Subject to the provisions of this Agreement, the Borrower may borrow, repay and reborrow by way of Syndicated Accommodations from each Syndicated Lender pursuant to the Syndicated Facility up to the amount of such Xxxxxx's Syndicated Facility Commitment by:

Syndicated Facility. Claims On the Effective Date, each holder of an allowed claim arising under the Prepetition Syndicated Credit Agreement (“Syndicated Facility Claims”) will receive: (A) if a Sale Transaction is consummated, such holder’s pro rata share of (x) Distributable Sale Proceeds (after payment in full of any Priming Facility Claims), until the Syndicated Facility Claims have been paid in full, and (y) any Non-Cash Consideration provided for under a Plan Sponsorship Proposal; or (B) if a Restructuring Transaction is consummated, such holder’s pro rata share of (i) Partial Sale Proceeds, if any, remaining after the DIP Facility Claims and Priming Facility Claims have been paid in full and (ii) 100% of the Reorganized AAC Equity Interests (as defined below), subject to dilution by the New Warrants and the Management Incentive Plan.

Syndicated Facility. (i) During the Revolving Period, the Borrower may borrow, repay and re-borrow Advances under the Syndicated Facility, subject to Sections 3.1(a) and 5.7. (ii) With respect to the Term Lenders under the Syndicated Facility the Aggregate Principal Amount of the Syndicated Facility on the Term Conversion Date applicable to such Term Lenders will be repayable by the Borrower in one balloon principal payment, together with all accrued and unpaid interest and fees thereon, and all other Obligations owing to such Term Lenders under the Syndicated Facility, on the Syndicated Facility Termination Date applicable to such Term Lenders.

Syndicated Facility. The Syndicated Facility Lenders hereby establish the Syndicated Facility in favour of the Borrower. The Syndicated Facility may be drawn down by the Borrower during the Revolving Period in accordance with Section 3.8 in Canadian Dollars, or the Canadian Dollar Exchange Equivalent thereof in U.S. Dollars, or any combination thereof, to a maximum of the Syndicated Facility Commitment Amount, subject to Section 3.1(c). The Syndicated Facility is a revolving facility and amounts repaid thereunder may be re-borrowed. The Individual Syndicated Facility Commitment Amount of each of the Syndicated Facility Lenders is as set out in Schedule B.

Syndicated Facility. Subject to Sections 3.3(b)(iv) and 3.3(b)(v), the undrawn‌ portion of any Non-Agreeing Lender Commitment Amount in respect of the Syndicated Facility will be automatically cancelled at 5:01 p.m. (Toronto time) on the Conversion Date applicable to such Non-Agreeing Lender. Effective at such Conversion Date, the Syndicated Facility will, with respect to a Non-Agreeing Lender, cease to be a revolving type facility and, unless unconditionally and irrevocably repaid in accordance with Section 3.3(b)(v)(A), will become a one year non-revolving term loan facility, repayable in accordance with Section 3.6(a)(ii).

Syndicated Facility. The Borrower may from time to time obtain Advances under the Syndicated Facility by way of:‌ (i) Canadian Prime Rate Loans, in principal amounts of not less than Cdn. $5,000,000 and in multiples of Cdn. $100,000 for any amounts in excess thereof; (ii) U.S. Base Rate Loans, in principal amounts of not less than U.S. $5,000,000 and in multiples of U.S. $100,000 for any amounts in excess thereof; (iii) Bankers Acceptances; and (iv) LIBOR Based Loans; provided that no more than 10 LIBOR Based Loans or 10 Bankers Acceptances may be outstanding at any one time.‌‌

Syndicated Facility each Syndicated Lender agrees to make Syndicated Accommodations available to the Borrower up to the amount of its Syndicated Facility Commitment by way of an extendible revolving term credit facility for the purposes set forth in Section 3.5, commencing on the Effective Date and ending on the Syndicated Facility Maturity Date of each such Syndicated Lender (collectively, the "Syndicated Facility"), by way of:

Syndicated Facility. The Borrower may borrow, repay and re-borrow any amount of the Individual Syndicated Facility Commitment Amount of each Syndicated Facility Lender based on the Rateable Portion of such Xxxxxx's Individual Syndicated Facility Commitment Amount during the Revolving Period of each Syndicated Facility Lender. Subject to Section 3.2, on the Term Out Date of each Syndicated Facility Lender, the Individual Syndicated Facility Commitment Amount of each such Syndicated Facility Lender in respect of such Syndicated Facility shall be reduced to the Canadian Dollar Exchange Equivalent of all amounts then outstanding and owing to such Syndicated Facility Lender. Thereafter, the Borrower may only effect Conversions and Rollovers in respect of its borrowings under the Syndicated Facility. During the Term Period of a Syndicated Facility Lender, any repayments or prepayments under the Syndicated Facility (except upon a Conversion or Rollover) shall effect a permanent reduction of its Individual Syndicated Facility Commitment Amount in respect thereof.

Syndicated Facility. Subject to the terms and conditions hereof and effective on the Amendment and Restatement Date, the Lenders hereby establish the Syndicated Facility in favour of the Borrower. Accommodations under the Syndicated Facility may be drawn down by the Borrower during the Revolving Period in Canadian Dollars or the Canadian Dollar Exchange Equivalent thereof in U.S. Dollars, or any combination thereof, to a maximum of the Syndicated Facility Commitment Amount. Each Lender’s initial Individual Syndicated Facility Commitment Amount is set out in Schedule B.

Syndicated Facility. The Borrower may from time-to-time obtain Advances under the Syndicated Facility by way of: (i) Canadian Prime Rate Loans, in principal amounts of not less than Cdn. $1,000,000 and in multiples of Cdn. $100,000 for any amounts in excess thereof; (ii) U.S. Base Rate Loans, in principal amounts of not less than U.S. $1,000,000 and in multiples of U.S. $100,000 for any amounts in excess thereof; (iii) XXXXX Loans, subject to Section 8.1; and (iv) SOFR Loans, subject to Section 8.1.