Common use of Those terms Clause in Contracts

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only the Borrower to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s Ancillary Commitment to exceed that Lender’s Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 5 contracts

Sources: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only the Borrower to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s Ancillary 's ▇▇▇▇▇lary Commitment to exceed that Lender’s Available 's ▇▇▇▇▇able Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 3 contracts

Sources: Single Currency Revolving Facility Agreement (StoneX Group Inc.), Usd 75,000,000 Single Currency Revolving Facility Agreement (StoneX Group Inc.), Revolving Facility Agreement (StoneX Group Inc.)

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only the Borrower Company or Affiliates of the Company nominated pursuant to Clause 7.10 (Affiliates of the Company) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s Ancillary Commitment to exceed that Lender’s Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 2 contracts

Sources: Facility Agreement, Facility Agreement (VTTI Energy Partners LP)

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); ; (ii) may allow only the Borrower Borrowers to use the Ancillary Facility; ; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; ; (iv) may not allow a Lender’s Ancillary Commitment to exceed that Lender’s Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Facility Agreement (Pilgrims Pride Corp)

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only the Borrower Borrowers to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender▇▇▇▇▇▇’s Ancillary Commitment to exceed that Lender▇▇▇▇▇▇’s Available Commitment relating to the Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Senior Facilities Agreement (OpSec Holdings)

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only the Borrower Borrowers to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s ▇▇▇▇▇▇'s Ancillary Commitment to exceed that Lender’s ▇▇▇▇▇▇'s Available Commitment relating to the General Revolving Facility (before taking into account the effect of the Ancillary Facility on that Available Commitment); and (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid not later than the Termination Date applicable to the General Revolving Facility (or such earlier date as the General Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).

Appears in 1 contract

Sources: Facilities Agreement

Those terms. (i) must be based upon normal commercial terms at that time (except as varied by this Agreement); (ii) may allow only the Borrower Borrowers (or Affiliates of Borrowers nominated pursuant to Clause 6.9 (Affiliates of Borrowers)) to use the Ancillary Facility; (iii) may not allow the Ancillary Outstandings to exceed the Ancillary Commitment; (iv) may not allow a Lender’s the Ancillary Commitment of a Lender to exceed that Lender’s Available Commitment relating to the Revolving Facility (before taking into account the effect Commitment of the Ancillary Facility on that Available Commitment); andLender; (v) must require that the Ancillary Commitment is reduced to zero, and that all Ancillary Outstandings are repaid (or cash cover provided in respect of all the Ancillary Outstandings) not later than the Termination Date applicable to the Revolving Facility (or such earlier date as the Revolving Facility Commitment of the relevant Ancillary Lender (or its Affiliate) is reduced to zero).Date;

Appears in 1 contract

Sources: Senior Facilities Agreement (Alliance Data Systems Corp)