Common use of Utilisation of a Revolving Facility Clause in Contracts

Utilisation of a Revolving Facility. No Borrower may directly or through the Obligors’ Agent deliver a Utilisation Request in relation to a Revolving Facility Loan or Documentary Credit if as a result of the proposed: (a) Revolving Facility Loan, 15 or more Revolving Facility Loans would be outstanding; (b) Documentary Credit, 15 or more Documentary Credits would be outstanding.

Appears in 4 contracts

Samples: Senior Facilities Agreement (Liberty Global PLC), Super Senior Facilities Agreement (Liberty Global PLC), Senior Facilities Agreement (Liberty Global PLC)

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Utilisation of a Revolving Facility. No Borrower may directly or through the Obligors’ Agent deliver a Utilisation Request in relation to a Revolving Facility Loan or Documentary Credit if as a result of the proposed: (a) Revolving Facility Loan, 15 or more Revolving Facility Loans would be outstanding;; or (b) Documentary Credit, 15 or more Documentary Credits would be outstanding.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC)

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