Examples of Additional Facility Advance in a sentence
On each Repayment Date (and, if the Term of any Revolving Facility Advance or Additional Facility Advance in relation to a revolving facility exceeds 6 months, on the expiry of each period of 6 months during such Term), the relevant Borrowers shall pay accrued interest on each Revolving Facility Advance and Additional Facility Advance in relation to a revolving facility made to it.
If an Additional Facility Advance is to be repaid or prepaid by reference to an Original Euro Amount, the US Dollar amount to be repaid or prepaid shall be determined by reference to the Agent’s Spot Rate of Exchange used for determining the US Dollar amount of that Additional Facility Advance under Clause 5.4(c) (Participations in Advances) or, if applicable, the Original Exchange Rate.
To the extent any Additional Facility which is the subject of the Additional Facility Advance constitutes a Joint Venture Facility, the applicable Joint Venture shall have executed and delivered a Joint Venture Note and Borrower shall have delivered to Lender each original executed Joint Venture Note endorsed to Lender.
Borrower may, in accordance with this Agreement, request an Additional Facility Advance at any time prior to the Additional Facility Termination Date.
The Borrower shall (subject to Clause 10.2 (Rollover Advances)) repay the full amount of each Revolving Facility Advance and each Additional Facility Advance in relation to a revolving facility drawn by it on its Repayment Date.
Each Borrower under the Revolving Facility or an Additional Facility shall select the currency of a Revolving Facility Advance or an Additional Facility Advance made to it (which shall be Dollars, euro or an Optional Currency) in the Utilisation Request relating to the relevant Revolving Facility Advance or an Additional Facility Advance.
Borrower and Lender are parties to a Loan Agreement dated as of May 26, 1998 and amended as of July 31, 1998 and as of the date of the September Additional Facility Advance (said Loan Agreement, as modified and supplemented and in effect from time to time, the "Loan Agreement"), which Loan Agreement provides for a series of advances (collectively, the "Loan") to be made by the Lender to Borrower.
Unless waived by Lender in accordance with Section 8.4, Lender shall have performed, or caused to be performed on its behalf, an on-site due diligence review of each applicable Additional Facility to be acquired with the Additional Facility Advance which review and its results shall be satisfactory to Lender in Lender's discretion.
Lender shall not make any Additional Facility Advance unless and until each of the applicable conditions precedent set forth in this Section is satisfied and until Borrower provides any other information reasonably required by Lender.
To the extent any Additional Facility which is the subject of the Additional Facility Advance constitutes a Joint Venture Facility, Borrower shall have executed and delivered to Lender Collateral Assignments and the Collateral Assignments which shall have been filed of record in the appropriate filing offices in the jurisdictions in which each applicable Joint Venture Facility is located or irrevocably delivered to an authorized title agent for the Title Insurer for such recordation.