Available Facility definition
Available Facility means, in relation to a Facility, the aggregate for the time being of each Lender’s Available Commitment in respect of that Facility.
Available Facility means the aggregate for the time being of each Lender’s Available Commitment.
Available Facility means the aggregate for the time being of each Lender’s Available Commitment in respect of the Facility.
Examples of Available Facility in a sentence
The Borrowers may, if they give the Facility Agent not less than 5 Business Days' (or such shorter period as the Majority Lenders and the Facility Agent may agree) prior notice, cancel the whole or any part (being a minimum amount of $1,000,000) of the Available Facility.
More Definitions of Available Facility
Available Facility means the Commitment minus:
Available Facility means, at any time, the aggregate of the Available Commitments adjusted, in the case of a proposed utilisation pursuant to a Utilisation Request, so as to take into account:
Available Facility means the aggregate, from time to time, of the Available Commitment of each Senior Facility B Lender;
Available Facility means, at any time, the aggregate amount of the Available Commitments at such time.
Available Facility means the aggregate for the time being of each Bank’s Available Commitment.
Available Facility means, at any relevant time, such part of the Total Commitments (drawn and undrawn) which is available for borrowing under this Agreement at such time in accordance with clause 4 (Conditions of Utilisation).