C Facility Lender definition
Examples of C Facility Lender in a sentence
The C Facility Lender hereby agrees with each other person who is or becomes party to the Group Intercreditor Agreement in accordance with the terms thereof that with effect on and from the date hereof, it will be bound by the Group Intercreditor Agreement as a Senior Creditor and as a C Facility Lender as if it had been an original party thereto in such capacity.
The C Facility Lender hereby agrees with each other person who is or becomes party to the HYD Intercreditor Agreement in accordance with the terms thereof that with effect on and from the date hereof, it will be bound by the HYD Intercreditor Agreement as a Senior Creditor as if it had been an original party thereto in such capacity.
For the avoidance of doubt any amount to be applied in accordance with this paragraph shall only apply to such portion (if any) of the C Facility Outstandings which such C Facility Lender has not waived.
In the event of such notification, the amount which would have been applied in prepaying such C Facility Lender shall instead be applied in prepayment of any non-declining C Facility Lenders on a pro rata basis, and thereafter, in prepayment of the Revolving Facility Outstandings and Secondary Revolving Facility Outstandings in accordance with paragraph (e) below.
In the event of such notification, the amount which would have been applied in prepaying such C Facility Lender shall instead be applied in prepayment of any non-declining C Facility Lenders on a pro rata basis, and thereafter, in prepayment of the Revolving Facility Outstandings in accordance with paragraph (e) below.
Each Term C Facility Lender severally agrees, on the terms and conditions of this Agreement, to make a term loan ("TERM C FACILITY Loans") to Borrower in Dollars in a single draw on any date after the Closing Date and on or prior to the Term C Facility Termination Date in an aggregate principal amount equal to the Term C Facility Commitment of such Lender.
In the event of such notification, the amount which would have been applied in prepaying such B Facility Lender or C Facility Lender shall instead be applied in prepayment to the Lenders of the A Facility (in the case of any repayments foregone by a B Facility Lender) or the B Facility (in the case of any repayments foregone by a C Facility Lender).
Each Term C Facility Lender severally agrees, on the terms and conditions of this Agreement, to make a term loan ("TERM C FACILITY LOANS") to Borrower in Dollars on the Closing Date in an aggregate principal amount up to the Term C Facility Commitment of such Lender.