Examples of Credit Facility in a sentence
The making of any such Advance shall not result in the Outstanding Principal Obligations under the Credit Facility exceeding the Borrowing Limit.
All amounts owing, whether on account of principal, interest or otherwise, shall be paid in the currency in which the Credit Facility is outstanding and shall be made in immediately available funds without Set-off or counterclaim.
The aggregate of Outstanding Principal Obligations under the Credit Facility does not exceed the Borrowing Limit.
The making of the Initial Advance shall not result in the Outstanding Principal Obligation exceeding the Credit Facility Limit.
Interest accrued on the Credit Facility shall be payable in arrears on each Interest Payment Date, or on such other date as may be agreed upon in writing between the Agent and the Borrower.