Term Facilities. (a) The Tranche A Lenders hereby establish for the benefit of the Borrower a term loan facility (the “Tranche A Term Facility”) in an aggregate principal amount equal to the Tranche A Loan Amount (or, if less on the Term Conversion Date, an amount equal to the principal amount of the Tranche A Construction Loans outstanding as of the Term Conversion Date (after giving effect to any Borrowing of Tranche A Construction Loans on such date and any prepayment of Tranche A Construction Loans on such date in accordance herewith)).
Term Facilities. (a) Bidco may cancel any of the Commitments in respect of the Term Facilities in whole or in part (but if in part in a minimum amount of EUR1,000,000) at any time during the Availability Period for the relevant Term Facility by giving not less than 5 Business Days irrevocable written notice to that effect to the Facility Agent specifying the date and amount of the proposed cancellation. Any such cancellation shall reduce each Lender’s Commitment for such Term Facility on a pro rata basis.
Term Facilities. (i) Prior to the consummation of a Qualified MLP IPO, the Borrower shall repay to the Administrative Agent for the ratable account of the Lenders the outstanding principal amounts of the Term Advances in consecutive quarterly installments (each such payment, an “Installment”) on the last Business Day of each calendar quarter prior to the Maturity Date (commencing on September 30, 2014) (each such Business Day, an “Amortization Date”) in an aggregate amount equal to the percentage set forth below (each such percentage, an “Installment Percentage”) times the aggregate principal amount of Tranche A Advances originally outstanding on the Effective Date or Delayed Draw Advances originally outstanding on the Delayed Draw Term Loan Commitment Termination Date, as applicable, (after giving effect to any applications of prepayments in accordance with Section 2.04 prior to such Amortization Date), with the remaining balance of such Term Advances due on the Term Maturity Date. Amortization Date (Last Business Day of:) Tranche A Advance Installment Percentage Delayed Draw Advance Installments Percentage September, 2014 2.50% 2.50% December, 2014 2.50% 2.50% March, 2015 2.50% 2.50% June, 2015 2.50% 2.50% September, 2015 2.50% 2.50% December, 2015 2.50% 2.50% March, 2016 2.50% 2.50% June, 2016 2.50% 2.50% September, 2016 16.0% 16.0% December, 2016 16.0% 16.0% March, 2017 16.0% 16.0% June, 2017 16.0% 16.0% Term Maturity Date All Remaining Principal Amounts thereof All Remaining Principal Amounts thereof
Term Facilities. On the last Business Day of the Availability Period for each Term Facility any portion of the Commitments in relation to such Term Facility remaining undrawn will be cancelled.
Term Facilities. (a) Subject to clause 3.4(a)(iii) (Syndication), to paragraph (e) of this clause 9.1 and to the other provisions of this agreement, each Interest Period for a Term Advance shall be one, two, three or six months as notified by, or by Bidco 2 on behalf of, the relevant Borrower to the Facility Agent no later than 10.00 am four Business Days before the start of that Interest Period (or any other period which the Lenders may agree).
Term Facilities. No Term Facility is a revolving facility, and amounts repaid or prepaid under any Term Facility may not be reborrowed and shall give rise to a cancellation and reduction of the relevant Commitments as set forth in Section 2.4.
Term Facilities. (a) Subject to the provisions of this agreement, each Interest Period for a Term Advance shall be one, three or six months as notified by the relevant Borrower to the Facility Agent no later than 10.00 am three Business Days before the start of that Interest Period (or any other period which the Facility Agent may agree).
Term Facilities. (a) Subject to the terms and conditions of this Agreement, each Term A Lender severally agrees to make a term loan (a "Term A Loan") to the ----------- Borrower on the Initial Borrowing Date (and not thereafter) in an aggregate principal amount equal to the Term A Commitment of such Term A Lender. The Term A Loan of each Term A Lender shall be evidenced by either: (a) a Term A Note in an original principal amount equal to the Term A Commitment of such Term A Lender, payable to its or its nominee's order on or before the Term A Maturity Date; or (b) loan accounts or records maintained by such Term A Lender pursuant to Section 2.8 hereof. The Term A Commitments shall ----------- terminate on the date after the Initial Borrowing Date. The Term A Loans are not revolving in nature and amounts repaid or prepaid thereon pursuant to Section 2.4 or Section 4.2 may not be reborrowed. ----------- -----------
Term Facilities. Subject to Clause 3.4(c)(iii) (Syndication) and the other provisions of this Agreement, the duration of each Interest Period for a Term Advance shall be 1, 2, 3 or 6 months as notified by the Obligors’ Agent to the Agent not later than 10.00 a.m. one Business Day (or in the case of an Advance in an Optional Currency) three Business Days prior to the commencement of such Interest Period or such other period as the Agent (acting on the instructions of the Majority Lenders) may agree provided that:
Term Facilities
