Common use of The Credit Facilities Clause in Contracts

The Credit Facilities. (a) Subject to the terms of this Agreement, (i) the Canadian Lenders shall extend credit to the Canadian Borrower by way of the Canadian Revolving Facility; (ii) the Canadian Swingline Lender shall extend credit to the Canadian Borrower by way of the Canadian Swingline, (iii) the U.S. Lenders shall extend credit to the U.S. Borrowers by way of the U.S. Revolving Facility; and (iv) the U.S. Swingline Lender shall extend credit to the U.S. Borrower by way of the U.S. Swingline. (b) The proceeds of Borrowings shall be used by the Borrowers for the purposes set out in Section 2.13 of this Agreement, subject to the terms and conditions of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Firstservice Corp), Credit Agreement (Firstservice Corp)

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The Credit Facilities. (a) Subject to the terms of this Agreement, (i) the Canadian Lenders shall extend credit to the Canadian Borrower by way of the Canadian Revolving Facility; (ii) the Canadian Swingline Lender shall extend credit to the Canadian Borrower by way of the Canadian Swingline, (iii) the U.S. Lenders shall extend credit to the U.S. Borrowers by way of the U.S. Revolving Facility; and (iv) the U.S. Swingline Lender shall extend credit to the U.S. Borrower by way of the U.S. Swingline. (b) The proceeds of Borrowings shall be used by the Borrowers for the purposes set out in Section 2.13 of the recitals to this Agreement, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Firstservice Corp)

The Credit Facilities. (a) Subject to the terms of this Agreement, (i) the Canadian Lenders shall extend credit to the Canadian Borrower by way of the Canadian Revolving Facility; (ii) the Canadian Swingline Lender shall extend credit to the Canadian Borrower by way of the Canadian Swinglinexxx xx xxx Xxxxxxxx Xxxxxxxxx, (iiixxx) the U.S. Lenders shall extend credit to the U.S. Borrowers by way of the U.S. Revolving Facility; and (iv) the U.S. Swingline Lender shall extend credit to the U.S. Borrower by way of the U.S. Swingline. (b) The proceeds of Borrowings shall be used by the Borrowers for the purposes set out in Section 2.13 of this Agreement, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Firstservice Corp)

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The Credit Facilities. (a) Subject to the terms of this Agreement, (i) the Canadian Lenders shall extend credit to the Canadian Borrower by way of the Canadian Revolving Facility; (ii) the Canadian Swingline Lender shall extend credit to the Canadian Borrower by way of the Canadian Swingline, Swingline Facility; (iii) the U.S. Lenders shall extend credit to the U.S. Borrowers Borrower by way of the U.S. Revolving Facility; and (iv) the U.S. Swingline Lender shall extend credit to the U.S. Borrower by way of the U.S. SwinglineSwingline Facility. (b) The proceeds of Borrowings shall be used by the Borrowers for the purposes set out in Section 2.13 2.12 of this Agreement, subject to the terms and conditions of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (FirstService Corp)

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