Examples of Additional Credit Facilities in a sentence
Pursuant to this Amendment, the amounts available for increases in the Revolving Credit Facility under Section 2.17 of the Credit Agreement and the making of Incremental Term Loans under Section 2.18 of the Credit Agreement, in each case following the Third Amendment Effective Date, shall be reset to the amounts as set forth in Exhibit A and shall not be reduced or otherwise affected by the Additional Credit Facilities provided for in this Amendment.
Up to $25.0 million of the Additional Credit Facilities may be utilized in connection with the Merger.
The Borrowers / Guarantors have therefore, paid the Stamp Duty only on the amount of Additional Credit Facilities as payable on this document.
The Guarantors agree and confirm that he is / they are aware that out of the said Additional Credit Facilities, the Bank may grant the additional working capital limits by enhancing the existing credit limits, through the same or different account maintained by the Bank and that the guarantee hereby given by the said Guarantors shall be applicable for the dues under such account/s with enhanced credit limits or separate accounts in the name of the Borrowers.
On the terms and subject to the conditions set forth herein and in the Commitment Letter, Lender agrees that it shall, from time to time, to the Maturity Date (as that term and capitalized terms not otherwise defined herein are defined in Section 14 below), make loans (the “Loans” or a “Loan”) to the Company in principal amounts not to exceed, in the aggregate at any time outstanding, the Credit Limit, less amounts, if any, outstanding under the Additional Credit Facilities.