The Facility Clause Samples
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The Facility. Subject to the terms of this Agreement, the Lenders make available to the Borrower a term loan facility in an aggregate amount equal to the Total Commitments.
The Facility. Subject to the terms of this Agreement, the Lenders make available to the Borrowers a multicurrency revolving loan facility in an aggregate amount equal to the Total Commitments.
The Facility. You represent that you have the necessary computer equipment, software and other office equipment ("Facility") adequate to perform the services contemplated hereby as well as for other investment companies (such investment companies, together with the Fund, are herein collectively referred to as the "MFS Funds") for which Massachusetts Financial Services Company ("MFS") acts as investment adviser. The Facility is presently located at ▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇, and is to be dedicated solely to the performance of services for the MFS Funds, provided that the Facility may be utilized to perform services for others with the prior written permission of the MFS Funds.
The Facility. Subject to the terms of this Agreement, the Lenders make available to the Borrower a US Dollar term loan facility in an aggregate amount equal to the Total Commitments.
The Facility. The Facility
The Facility. Subject to the terms of this Agreement, the Lenders agree to make available to the Borrower a Dollar term loan facility not exceeding an aggregate amount equal to the Total Commitments.
The Facility. (a) Subject to the terms of this Agreement, the Lenders make available a multicurrency revolving credit facility in an aggregate amount the Base Currency Amount of which is equal to the Total Commitments.
(b) Subject to the terms of this Agreement and the Ancillary Documents, an Ancillary Lender may make available an Ancillary Facility to any of the Borrowers in place of all or part of its Commitment under the Facility.
The Facility. (i) On the terms and subject to the conditions set forth in this Agreement, Borrower (or the Servicer on ▇▇▇▇▇▇▇▇’s behalf) may from time to time during the Revolving Period request Advances by delivering a Borrowing Request to the Co-Agents in accordance with Section 2.1. Upon receipt of a copy of each Borrowing Request from Borrower, each of the Co-Agents shall determine whether any Lenders in its Group will fund a Loan in an amount equal to such Group’s Stated Percentage, subject to Section 1.2(a), of the requested Advance specified in such Borrowing Request, and each Co-Agent will give notice to the Administrative Agent by 10:00 a.m. (New York City time) at least two (2) Business Days prior to the Borrowing Date specifying whether or not the Lenders in its Group intend to make such Loan and, if 46234227 1009038607v4 they intend to make such Loan, if such Loan will be a CP Rate Loan, a Mizuho Rate Loan, SOFR Loan or an Alternate Base Rate Loan; provided that (i) at no time may the aggregate principal amount of the Loans of the Lenders in the Mizuho Group at any one time outstanding exceed the Mizuho Group’s Group Limit; (ii) at no time may the aggregate principal amount of the Loans of the Lenders in the Regions Group at any one time outstanding exceed the Regions Group’s Group Limit; (iii) at no time may the aggregate principal amount of the Loans of any Lender at any one time outstanding exceed the Maximum Advance Amount of such Lender; and (iv) at no time may the Aggregate Principal exceed the lesser of (x) the Aggregate Facility Amount, and (y) the Borrowing Base.
(ii) On the terms and subject to the conditions set forth in this Agreement, Borrower may, upon 30 days written notice to the Administrative Agent, from time to time during the Revolving Period request that this Agreement be amended to convert all or a portion of the Maximum Advance Amounts to a committed facility with a one, two or three year term; provided that any such conversion shall require the approval of the Co-Agent of each Group, the Lenders in each Group and the Administrative Agent, which approvals shall be at the sole and absolute discretion of each of the Co-Agents, Lenders and the Administrative Agent and shall be subject to mutually satisfactory documentation.
The Facility. 23 3 PURPOSE ...................................................................................................................................... 24 4
The Facility. 2.1 The Facility