Facility A Total Commitments definition
Examples of Facility A Total Commitments in a sentence
The Facility A Total Commitments shall be automatically reduced by the amount cancelled and each Euro Amount in respect of each subsequent Reduction Date specified in clause 6.2 shall be reduced by the amount so cancelled.
The Borrowers may at any time by notice to the Agent (effective only on actual receipt) cancel with effect from a date not less than three Banking Days after the receipt by the Agent of such notice the whole or any part (being Euro 10,000,000 or any larger sum which is an integral multiple Euro 5,000,000) of the Facility A Total Commitments which is not then outstanding or requested in a Drawdown Notice in respect of which a Drawing has not been made.
The obligation of each Facility A Lender, each Facility B Lender and each Facility D Lender under this Agreement shall be to contribute that proportion of each Facility A Advance, Facility B Advance or Facility D Advance which, as at the Drawdown Date of such Advance, its Facility A Commitment, Facility B Commitment or Facility D Commitment (as the case may be) bears to the Facility A Total Commitments, the Facility B Total Commitments or the Facility D Total Commitments (as the case may be).