Facility A Advances definition

Facility A Advances. The first $600,000,000 of Cash Advances and/or Credit Advances other than Qualcomm Advances; provided that Facility A Advances shall not include any Cash Advances or Credit Advances for which the Borrowing Date occurs after March 31, 1999.
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Facility A Advances means Facility A Principal Advances, Facility A Interest Advances, Facility A Swap Advances and the Facility A Intercompany Interest Advances;
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Facility A Advances. In the case of Facility A Advances: (i) No Facility A Advance may exceed the Available Facility A Commitments of all the Lenders. This limitation will be applied as at the Advance Date. For this purpose, before the Conversion Date: (a) any part of the Total Facility A Commitments which is subject to a notice of voluntary cancellation will be treated as cancelled; (b) the amount of any Facility A Advance due to be repaid on the Advance Date will be treated as having been repaid; (c) any other Facility A Advance due to be made on the Advance Date will be treated as having been made; and (d) Facility A Advances in the Optional Currency will be taken into account at their Original Sterling Amount. (ii) Each Facility A Advance must be a minimum of (Pounds)5,000,000 and an integral multiple of (Pounds)1,000,000 or be the aggregate of the Available (a) a minimum of the Equivalent Amount of (Pounds)5,000,000 and an integral multiple of the Equivalent Amount of (Pounds)1,000,000; or (b) the Equivalent Amount of the uncancelled and undrawn amount of Facility A. (iii) The Advance Date of any Facility A Advance must be a Business Day on or after the Amendment Date and before the Facility A Commitment Availability Termination Date. (iv) The Interest Period of each Facility A Advance must comply with Clause 8. (v) Clause 6.2(C) applies. (vi) If the Facility A Advance is not to be in sterling, Clause 7 applies.
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Examples of Facility A Advances in a sentence

  • The proceeds of such Facility A Advances shall be applied by the Administrative Lender to repay the outstanding Swing Line Advance.

  • Facility A Advances hereunder shall be made ratably by the several Facility A Lenders in accordance with their respective Facility A Pro Rata Shares.

  • Subject to -------------- Section 2.9 hereof, Facility A Advances may be repaid and then reborrowed.

  • On or before the date of any reduction of the -------------------- Facility A Commitment, the Borrower shall prepay applicable outstanding Facility A Advances in an amount necessary to reduce the sum of outstanding Facility A Advances, Swing Line Advances and Reimbursement Obligations to an amount less than or equal to the Facility A Commitment as so reduced.

  • In the event of such election any amounts which would otherwise have been applied in prepayment of Facility C Advances shall not, unless UPC Distribution so elects, be applied in prepayment of Facility A Advances or Facility B Advances but may be retained by the Borrowers for use in the business of the Borrower Group.

  • Such amount shall be applied first pro-rata against outstanding Facility B Advances and outstanding Facility C Advances in order of maturity and second against outstanding Facility A Advances, in each case in accordance with Clause 7.8(a)(ii) (Order of Application).

  • Each Lender's Facility A Commitment shall be deemed utilized by an amount equal to such Lender's pro rata share (based on such Lender's Facility A Commitment) of each Swingline Loan for purposes of determining the amount of Facility A Advances required to be made by such Lenders, but no Lender's Facility A Commitment, including the Agent's, shall be deemed utilized for purposes of determining commitment fees under Section 2.3(a).

  • The sender requests that first transfer in the series be sent on July 15.

  • In the event of such election any amounts which would otherwise have been applied in prepayment of Facility C Advances shall not, unless UPC Broadband so elects, be applied in prepayment of Facility A Advances or Facility B Advances but may be retained by the Borrowers for use in the business of the Borrower Group.

  • To the extent that outstanding Facility A and Swing Line ----------- Advances exceed the Facility A Commitment after any reduction thereof, the Borrower shall repay any such excess amount and all accrued interest attributable to such excess Facility A Advances on the date of such reduction.


More Definitions of Facility A Advances

Facility A Advances. “Facility B Advances” accurately summarises its participation in the Credit Agreement and the Interest Period in respect of any existing Facility A Advances or Facility B Advances and (ii) requests the Transferee to accept and procure the transfer by novation to the Transferee of the Portion Transferred (specified in the schedule hereto) of its Facility A Commitment and Facility B Commitment and its participation in such Facility A Advance(s) and Facility B Advance(s) by counter-signing and delivering this Transfer Certificate to the Facility Agent at its address for the service of notices specified in the Credit Agreement.
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Related to Facility A Advances

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Tranche B Advance has the meaning specified in Section 2.01(b).

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Revolving Loans as defined in Section 2.4(a).

  • Permitted Advance means an advance of funds by the Assuming Bank with respect to a Shared-Loss Loan, or the making of a legally binding commitment by the Assuming Bank to advance funds with respect to a Shared-Loss Loan, that (i) in the case of such an advance, is actually made, and, in the case of such a commitment, is made and all of the proceeds thereof actually advanced, within one (1) year after the Commencement Date, (ii) does not cause the sum of (A) the book value of such Shared-Loss Loan as reflected on the Accounting Records of the Assuming Bank after any such advance has been made by the Assuming Bank plus (B) the unfunded amount of any such commitment made by the Assuming Bank related thereto, to exceed 110% of the Book Value of such Shared-Loss Loan, (iii) is not made with respect to a Shared-Loss Loan with respect to which (A) there exists a related Shared-Loss Loan Commitment or (B) the Assuming Bank has taken a Charge-Off and (iv) is made in good faith, is supported at the time it is made by documentation in the Credit Files and conforms to and is in accordance with the applicable requirements set forth in Article III of this Commercial Shared- Loss Agreement and with the then effective written internal credit policy guidelines of the Assuming Bank; provided, that the limitations in subparagraphs (i), (ii) and (iii) of this definition shall not apply to any such action (other than to an advance or commitment related to the remediation, storage or final disposal of any hazardous or toxic substance, pollutant or contaminant) that is taken by Assuming Bank in its reasonable discretion to preserve or secure the value of the collateral for such Shared-Loss Loan.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.