Additional Facility Accession Deed definition
Examples of Additional Facility Accession Deed in a sentence
The rate of interest on any Additional Facility and the timing of payment of such interest shall be regulated by the relevant Additional Facility Accession Deed.
This Additional Facility Accession Deed is made as a [term loan/revolving loan].
No Utilisation may be made of the Additional Facility made available pursuant to this Additional Facility Accession Deed, if, at the time of such Utilisation, an Event of Default is continuing or would result from such Utilisation.
Terms defined in the Facilities Agreement shall have the same meaning in this Additional Facility Accession Deed.
In the event such notification is made, the amount which would have been applied in prepaying such B Facility Lender or B1 Facility Lender shall instead be applied in prepayment to the Lenders of the A Facility, the A1 Facility and the A2 Facility, any accepting B Facility Lenders, any accepting B1 Facility Lenders and (unless otherwise specified with respect to any Additional Facility in the applicable Additional Facility Accession Deed) any Additional Facility Lenders, as applicable, on a pro rata basis.
The aggregate principal amount of the Additional Facility being made available under this Additional Facility Accession Deed is EUR/US$ [●].
In the event such notification is made, the amount which would have been applied in prepaying such B Facility Lender shall instead be applied in prepayment to the Lenders of the A Facility, any accepting B Facility Lenders and (unless otherwise specified with respect to any Additional Facility in the applicable Additional Facility Accession Deed) any Additional Facility Lenders, as applicable, on a pro rata basis.
Evidence that the Additional Facility made available to the Company pursuant to the Additional Facility Accession Deed (Term Loan) dated 20 May 2011 has been used to prepay in full all Lenders except for those Lenders participating in the Additional Facility.
Each Additional Facility will be available to the Additional Facility Borrowers as specified in the applicable Additional Facility Accession Deed.