Facility A Loans definition
Examples of Facility A Loans in a sentence
In addition a Borrower (or the Company on its behalf) may select an Interest Period of less than one Month (in relation to Facility A), if necessary to ensure that there are sufficient Facility A Loans (with an aggregate Base Currency Amount equal to or greater than the Repayment Instalment) which have an Interest Period ending on a Facility A Repayment Date for the Borrowers to make the Repayment Instalment due on that date.
Each such notice must be received by the Agent no later than 9:00 a.m. (New York time) three (3) Business Days prior to the requested date of any borrowing of Revolving Facility A Loans denominated in the Base Currency.
Each Borrower must repay the Facility A Loans in full on the Final Maturity Date for Facility A.
In the case of all Dispositions of Property other than those referred to in this paragraph (b), the Company will make (or cause to be made) prepayments of the Facility A Loans and the Facility B Loans as required by the Existing Credit Agreement.
If any of the Facility A Loans are prepaid in accordance with Clause 9.12 (Right of replacement or repayment and cancellation in relation to a single Lender) or Clause 9.1 (Illegality) then the amount of the repayment instalment for each repayment date as set out in Clause 8.1 (Repayment of Facility A Loans) falling after that prepayment will reduce pro rata by the amount of the Facility A Loan prepaid.