Examples of Existing Revolving Facility in a sentence
Assuming that the New Revolving Facility is drawn down in full, and that the Existing Revolving Facility is repaid.
Events of Default: Substantially the same as the Existing Revolving Facility (giving effect to that certain waiver to the Existing Revolving Facility, dated as of January 27, 2017, in respect of the Philippines NLRC Award (as defined therein)).
The above financial covenants shall be determined on a basis consistent with the corresponding financial covenants contained in the Existing Revolving Facility.
Affirmative Covenants: Substantially the same as the Existing Revolving Facility, and also consummation of the Merger as promptly as practicable following the consummation of the Tender Offer.
I have considered the matters raised by the relevant Ministers, local authorities and other persons invited to comment and am satisfied that the project meets the purpose of the FTCA.