Examples of Available Facilities in a sentence
Each Lender will participate through its Facility Office in each Advance made pursuant to Clause 3.2 (Further Conditions for Advances) in the proportion borne by its relevant Available Commitments to the relevant Available Facilities immediately prior to the making of that Advance.
The currency specified in a Utilisation Request must be dollars and the aggregate amount of the proposed Utilisations on any day must be a minimum of $2,500,000 (or if less, the applicable Available Facilities).
If the Tender Offer is withdrawn, terminated or lapsed or any Acquisition Document is terminated or cancelled, then the Available Facilities and Lenders' Available Commitment under the Facilities will be automatically cancelled.
A Borrower may, if it gives the Agent not less than thirty (30) Business Days’ (or such shorter period as the Majority Lenders or, with regards to any Facility B Commitment, the Facility B Lenders may agree) prior notice, cancel the whole or any part (being a minimum amount of USD 2,500,000 or integral multiples thereof) of the Available Facilities.
The Borrower shall not repay or prepay all or any part of any Advance outstanding hereunder except at the times and in the manner expressly provided herein and, subject to the terms and conditions hereof, shall be entitled to reborrow any amount repaid up to the Available Facilities at such time.