Facility A Borrower definition
Examples of Facility A Borrower in a sentence
At the end of each calendar quarter, the Lender shall have received an officer certificate from the Facility A Borrower setting forth in reasonable detail the value of each type of collateral included in the Working Capital Collateral, which shall be no less than the aggregate principal amount of loans under the Working Capital Facility outstanding on such date.
In connection with Loan Facility A, Borrower agrees to pay Lender an additional fee when the outstanding principal balance is less than the Maximum Principal Balance.
Without limiting the generality of the foregoing, the Facility A Borrower and/or the Facility E Borrower, as applicable, shall pay to the Agent on behalf of the Lenders the face amount of all Bankers' Acceptances which have not matured which amounts shall be held by the Agent as collateral security for the Facility A Borrower's obligations and/or the Facility E Borrower's obligations, as applicable, with respect to those Bankers' Acceptances, as applicable.
Otherwise no Facility A Borrower may re-borrow any part of Facility A which is repaid or prepaid .
Each Facility A Borrower shall repay all Facility A Loans made to it, in full, on the Facility A Repayment Date.
The Facility A Borrower may, if it or the Company gives the Agent not less than 10 Business Days' (or such shorter period as the Facility A Lender may agree) prior notice, prepay the whole or any part of the Facility A Loan (but, if in part, being an amount that reduces the amount of that Facility A Loan by a minimum amount of £250,000).
The Facility A Borrower and the Facility E Borrower, as applicable, shall pay to the Agent on behalf of the Lenders and/or the Swingline Lender, as applicable interest on Prime Loans (including Canadian Overdrafts) outstanding under Facility A and/or Facility E, as applicable, at a rate per annum equal to the Prime Rate plus the applicable margin set out in the Pricing Grid.
Pursuant to the terms of the Facility Agreement, a “change of control” occurs if (A) the Facility A Borrower ceases to directly or indirectly hold, legally and beneficially: (1) more than 50 per cent.
Staff is contact with the City of Burlington and others who are preparing potential comments and may submit CCRPC comments.
For greater certainty, the Facility A Borrower shall pay to the Swingline Lender in respect of Facility A, interest on US Overdrafts outstanding to the Swingline Lender under Facility A at a rate per annum equal to the US Base Rate plus the applicable margin set out in the relevant Pricing Grid.